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Bank of Ghana (BoG)

Business

Businesses are suffering; reduce policy rate to support them (GNCCI to BoG).

Editor -
The Ghana National Chamber of Commerce and Industry (GNCCI) is calling for a reduction in the policy rate to support business growth. The Monetary Policy Committee (MPC) of Bank of Ghana is presently meeting to review developments in the Ghanaian...
Business

Bank of Ghana maintains policy rate at 30%.

Editor -
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained the policy rate at 30 percent. Governor of the Bank of Ghana Dr Ernest Addison, while addressing the 115th MPC press conference in Accra on Monday, November 27 stated that although inflation is dropping, it is still...
BUSINESS

How the Bank of Ghana lost $5bn in one year – BBC Report.

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Ghana - once touted as a trailblazing African economic success story - is facing an unprecedented financial crisis. This week, hundreds of protestors took to the streets in the capital Accra, calling on the governor of the Bank of Ghana...
News

You’ll account for your stewardship either in heaven or in jail – Gyampo tells BoG Governor.

Editor -
A political science lecturer at the University of Ghana, Professor Ransford Gyampo, has criticized the “arrogant” attitude and response of the Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, to protesters of the OccupyBoG movement. In an open...
News

I Won’t Resign- BoG Governor Dares NDC.

Editor -
The Governor of the Bank of Ghana, Dr. Ernest Addison says he and his two deputies are not going to resign either today or tomorrow as demanded by the opposition National Democratic Congress (NDC) Minority in Parliament. According to him,...
Business

BoG has done no wrong, deal with Finance Ministry – Nana Otuo Acheampong to Minority.

Editor -
Banking Consultant, Nana Otuo Acheampong has jumped to the defense of the Bank of Ghana and its governors. According to him, the Governor of the Central Bank, Dr. Ernest Addison did no wrong by accepting to write off 53.1 billion...
Business

Bank of Ghana gold reserve increases

Editor -
Dr Ernest Addison, Governor of Bank of Ghana (BoG), has announced that the central bank has seen an increase in its gold reserves this year.   He said by June 30, the BoG had added more than 7.70 tonnes of monetary...
Business

BREAKING: BoG fines and temporarily suspends Fidelity and FNB’s FX licenses

Editor -
The Bank of Ghana has temporarily suspended the foreign exchange (forex) licenses of Fidelity Bank and First National Bank (FNB) for flouting forex regulations in the country.  In a public notice, the central bank said the license suspension is for...
Business

MoF, BoG, and GRA must see to it that $100 million in oil cash is sent to PHF. — Kwakye

Admin -
The Ministry of Finance (MoF), the Bank of Ghana (BoG) and the Ghana Revenue Authority (GRA) must ensure that, if indeed the $100million oil revenue was paid into a different account rather than the Petroleum Holding Fund (PHF), it...
Business

Beware of ‘juicy’ offers from financial institutions – BoG

Admin -
Educates immigration officers on financial literacy. The Bank of Ghana has further sent caution to the public on falling for financial products and services that seem too good to be true, especially those from unlicenced and unregulated financial institutions. Speaking at...
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PoliticsEditor -

Next NPP gov’t to establish Hall of Fame in all regions, Tourism Minister reveals.

If given another mandate at this year’s general election, the next New Patriotic Party (NPP) government will establish Creative...
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Next NPP gov’t to establish Hall of Fame in all regions, Tourism Minister reveals.

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If given another mandate at this year’s general election, the next New Patriotic Party (NPP) government will establish Creative Halls of Fame in all...

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President Akufo-Addo inaugurate the Tema-Mpakadan Railway Line and trains.

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President Nana Addo Dankwa Akufo-Addo will this morning inaugurate the Tema-Mpakadan Standard Gauge Railway Line and two Diesel Multiple Unit (DMU) trains at the...

UCC postpones reopening date for Level 100 students.

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The University of Cape Coast (UCC) has announced a postponement of the reopening date for Level 100 students for the 2024/2025 academic year.   In a...

“Ghanaians make up a notable portion of US visa overstayers.”

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Ghana has emerged as one of the African countries with high visa overstay rates in the United States, according to the United States Customs...

We awarded scholarships to all special needs students in 2023 – GETFund.

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The Ghana Education Trust Fund (GETFund) has announced that it awarded scholarships to all special needs students who applied for financial support in tertiary...

“We’re pleading, find us a place to sell. We have a responsibilities ” – Flower Pot vendors to Gov’t.

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Authorities have evicted all hawkers operating under the newly inaugurated Flower Pot Interchange following public backlash over viral images of vendors selling fruits at...

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Titus Glover dismantles structures of vendors at Flower Pot Interchange.

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The Greater Accra Regional Minister, Daniel Nii Kwartei Titus Glover, has taken decisive action against vendors operating illegally around the recently inaugurated Flower Pot...

GRA intercepts 40-Foot container of ammunition at Tema Port.

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The Customs Division of the Ghana Revenue Authority has seized 53 pistols , 65 pieces of live ammunition, 74 magazines, and a PC hoster...

Akufo-Addo commissions new Bank of Ghana Headquarters.

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President Nana Addo Dankwa Akufo-Addo has commissioned the new state-of-the-art headquarters of the Bank of Ghana (BoG) in Accra, marking a significant milestone in...

AFCON 2025: A win-win for Sudan.

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Former Black Stars head coach and 1982 AFCON winner with Ghana, James Kwasi Appiah, has led Sudan to qualify to the 2025 AFCON as...

Akuffo-Addo officially appoints Herbert Krapa as permanent Energy Minister.

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President Nana Addo Dankwa Akufo-Addo has appointed Mr. Herbert Krapa as the substantive Minister for Energy, effective Tuesday, November 19, 2024. The President noted that...

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I Survived Two Terrifying Accidents This Year – Nana Ama McBrown.

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Popular Ghanaian actress and TV personality, Nana Ama McBrown, has shared her testimony of surviving two life-threatening accidents this year, which she described as...

Perez Musik is getting married.

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Ghanaian gospel artiste Frank Tagoe, professionally known as Perez Musik, has joyfully announced his engagement to his beloved partner. The musician shared the news on...

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Kwahumanhene destooled for misconduct – Kwahumanhemaa confirms.

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The Kwahu Traditional Council has destooled Daasebre Akuamoah Agyepong II from his position as Kwahumanhene, citing reasons of misconduct. The decision to destool Daasebre Akuamoah...

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For insulting Uganda’s president, TikToker jailed for 32 months.

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A 21-year-old has become the latest Ugandan TikToker to be sent to prison after creating a video that was said to insult President Yoweri...

This is Ghana’s worst spell in football, take heart and resign- Veronica Commey to GFA President.

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A seasoned sports journalist, Veronica Commey, has called for the resignation of the Ghana Football Association (GFA) President, Kurt Okraku, following the Black Stars’...

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New Force is not a political party, it’s a movement to develop Ghana – Cheddar.

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