The Bank of Ghana’s Gold-for-Reserves (G4R) programme has recorded cumulative losses of GH¢4.893 billion over a two-year period, raising fresh concerns in Parliament over the cost structure and…
Tag: Bank of Ghana
The Bank of Ghana has mandated the Ghana Card as the sole form of identification for all financial transactions, with immediate effect. The central bank said the revised…
The Asantehene, Otumfuo Osei Tutu II, has issued a strong call for the Bank of Ghana (BoG) to lead a deliberate national shift towards lower interest rates, insisting…
Chief Executive Officer (CEO) of Ghana Gold Board (GoldBod), Sammy Gyamfi, has launched a blistering response to critics he describes as “desperate doom-wishers, accusing them of deliberately manufacturing…
The Bank of Ghana (BoG) has taken a firm position that figures being circulated on alleged losses arising from gold trading operations in 2025, including those attributed to…
The International Monetary Fund has raised fresh red flags over Ghana’s gold-backed reserve accumulation strategy, disclosing that the Bank of Ghana (BoG) has incurred substantial financial losses running…