Tag: BoG

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Goldbod profits, BoG bleeds: How Ghana’s gold strategy shifted costs to the central bank

Goldbod profits, BoG bleeds: How Ghana’s gold strategy shifted costs to the central bank

When the Ghana Gold Board (GoldBod) published its 2025 financials, the numbers appeared impressive and, at first glance, reassuring. The newly crea [...]
BoG is policy insolvent — Minority decries

BoG is policy insolvent — Minority decries

The New Patriotic Party (NPP) Minority in Parliament has raised fresh concerns over the financial health of the Bank of Ghana (BoG), arguing the centr [...]
BoG’s real loss for 2025 is GHS44bn, not GHS15.6bn — Minority

BoG’s real loss for 2025 is GHS44bn, not GHS15.6bn — Minority

The minority in Parliament has disputed the Bank of Ghana’s (BoG) GH¢15.6 billion operating loss for the 2025 financial year, even as they praised the [...]
Minority warns against politicization of Bank of Ghana

Minority warns against politicization of Bank of Ghana

The minority in Parliament has cautioned the Bank of Ghana against what it describes as the growing politicization of the central bank, warning that s [...]
Sammy Gyamfi defends BoG over gold reserve sale amid mounting criticism

Sammy Gyamfi defends BoG over gold reserve sale amid mounting criticism

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has strongly defended the Bank of Ghana (BoG) over its controversial deci [...]
BoG urges creation of cedi-pegged stablecoins to bolster local currency

BoG urges creation of cedi-pegged stablecoins to bolster local currency

The Bank of Ghana (BoG) has encouraged virtual asset and digital financial service providers to explore the development of local stablecoins as a way [...]
Gov’t moves to convert GHS5.8bn Cocoa debt owed to BoG and Finance Ministry

Gov’t moves to convert GHS5.8bn Cocoa debt owed to BoG and Finance Ministry

Government has unveiled plans to convert GH¢5.8 billion in legacy debt owed by the Ghana Cocoa Board (COCOBOD) to the Bank of Ghana and the Ministry o [...]
BoG calls for responsible economic reporting in the media

BoG calls for responsible economic reporting in the media

At the start of the new year, the Bank of Ghana (BoG) has drawn attention to the growing influence of media reportage on market behaviour, warning tha [...]
Ghana receives US$365 million IMF disbursement

Ghana receives US$365 million IMF disbursement

Ghana has received a fresh infusion of approximately US$365 million from the International Monetary Fund (IMF), credited to the Bank of Ghana’s (BoG) [...]
BoG defies Mahama on injecting dollars to safe cedi

BoG defies Mahama on injecting dollars to safe cedi

The Bank of Ghana’s continued supply of foreign exchange to the market has sparked a fresh debate after President John Dramani Mahama publicly declare [...]
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