Monday, December 23, 2024

BOG

PMMC Condemns Disruption at National Assay Centre, Affirms Gold Bars are Controlled by BoG.

The Precious Minerals Marketing Company (PMMC), Ghana’s legally mandated National Assayer, has expressed deep concern over an incident at the National Assay Centre located at the Aviance Cargo Terminal in Accra.  The disruption, led by a mob allegedly headed by...

We’ve enough buffers; cedi will soon appreciate – BoG Governor.

The Bank of Ghana (BoG) is bolstering its reserves to curb the cedi’s depreciation against major foreign currencies as demand for forex is anticipated to rise with the upcoming festive season. The Central Bank’s move aims to reassure businesses and...

Cedi loses 25.8% of value to dollar – BoG report.

The November 2023 Summary of Economic and Financial Data by the Bank of Ghana has put the depreciation of Ghana’s currency – the cedi – at 25.8% as of November 2023. Per the data, the cedi had remained relatively stable...

OccupyBoG: Minority Caucus to reorganise demonstration after failing to submit petition.

The Minority in Parliament says it will re-organise its "OccupyBoG" protest following its inability to submit a petition to the Governer of the Bank of Ghana (BoG) after yesterday's demonstration. The Governer and his deputies were said to be in...

#OccupyBoG: Reckless spending of public funds is why we’re here today – Mahama Ayariga.

Member of Parliament for Bawku Central has said that the country’s financial woes and the Bank of Ghana’s 2022 record GH¢60.8 billion loss can be attributed to reckless spending. Speaking on PM Express, Mahama Ayariga stated that despite the country’s economic...

 Gold 4 Oil programme from Jan. 1: BoG to buy 20% refined gold …from mining companies for purchase of oil for Ghanaian market

All large scale mining companies in the country are to from January 1 next year, expected to sell 20 per cent of all refined gold at their refineries to the Bank of Ghana (BoG). The purchase would be made in...

Ghana, Singapore to strengthen cooperation through GIFE Project

Singapore and Ghana will be working together to strengthen their cooperation as they collaborate on the Ghana Integrated Financial Ecosystem (GIFE) Project through the partnership of the Monetary Authority of Singapore (MAS), the Bank of Ghana (BoG), Development Bank...
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Latest News

“Parliament Adjourns to January 2 Without Approving Expenditure in Advance of Appropriation”

Parliament has adjourned its seventh meeting of the fourth session of the Eighth Parliament to January 2, 2025, without...
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