The National Communications Authority has given approval for the merger between Bharti Ghana Limited (Airtel) and Millicom Ghana Limited (Tigo) to proceed subject to some conditions.

The Monetary Policy Committee (MPC) of Ghana's central bank has maintained its benchmark policy rate at 21 percent, Governor of the Bank of Ghana, Ernest Addison announced here on Monday.

The Bank of Ghana has finally increased the minimum capital requirement for commercial Banks to ¢400 million from ¢120 million.

Ghana's central bank cut its monetary policy rate by a further 150 basis points to 21.0 percent, saying the trend of disinflation is likely to continue until the end of the third quarter and expected stability in the exchange rate should help ensure price stability.