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Cedi depreciates by 22.1% in March 2023 – BoG

The Bank of Ghana (BoG) has put the depreciation of the cedi to the dollar at 22.1% as of March 2023.

2 die in Bogoso-Obuasi Highway accident

A ghastly vehicular accident on Bogoso-Obuasi Highway in the Western Region has led to the loss of two lives.

BoG, Ghana Air Force commission helipad to airlift currencies to Sefwi Boako

Following the accident of a Bank of Ghana Bullion Van in November 2019 at Techiman, in the Bono East Region, Management established...
Bank of Ghana (BoG)

Govt will not bear cost of IMF’s Resident Adviser to BoG – Spokesperson

A government spokesperson on Economy, Manasseh Appa Boahen, has explained that the International Monetary Fund (IMF) assigning a Resident Adviser to the...

AMA taskforce arrests sanitation offenders at Agbogbloshie

Environmental Health Officers from the Accra Metropolitan Assembly (AMA) have effected several arrests of sanitation offenders in the Agbogbloshie market.
23 arrested at Agbogbloshie for selling foodstuffs on bare ground, Source: Accra Metropolitan Assembly

23 arrested at Agbogbloshie for selling foodstuffs on bare ground

Public Health Officers from the Accra Metropolitan Assembly (AMA) have arrested some 23 traders at the Agbogbloshie market for selling foodstuff on...

23 arrested at Agbogbloshie for selling foodstuffs under unhygienic conditions

Public Health Officers from the Accra Metropolitan Assembly(AMA) have arrested some 23 traders at the Agbogbloshie market for selling foodstuff on bare...
MoMo-mobile money transaction

All you need to know as BoG increases mobile money transaction limit

The Bank of Ghana (BoG) has increased mobile money transaction and wallet limits. The Bank in a statement issued...

BoG give reasons for cedi’s stability against US dollar

The Bank of Ghana (BoG) has attributed the cedis’ recent gains to new set of monetary measures instituted by the central bank.
Bank of Ghana (BoG)

Number of advertised jobs shoot up by 11.7% – BoG

The number of jobs advertised in selected print and online media, which partially gauges labour demand in the economy, increased in October...

Proposed debt exchange programme will bring some confidence into economy – BoG Governor

The Governor of the Bank of Ghana, Dr Ernest Addison, has expressed hope that the proposed debt exchange programme to restructure the...
Bank of Ghana (BoG)

Court of appeal upholds BoG’s appointment of Nii Amanor Dodoo as receiver for uniBank

The Court of Appeal has, today, 1 December 2022, held that the High Court was wrong in deciding that Bank of Ghana’s...

BoG supports govt to refinance ¢2.83bn 5-year bond

The Bank of Ghana (BoG) supported the government to refinance ¢2.83 billion 5-year bond expected to have matured yesterday November 28, 2022.
One person died as a result of the Saturday afternoon accident

CCTV footage of Bogoso timber truck accident [Watch]

A CCTV footage has been shared showing the immediate events leading to the ghastly accident recorded recently at Bogoso in the Western...
Sampson Awingobit Asaki

Importers and Exporters Association reacts to BoG’s withdrawal of FX support

The Importers and Exporters Association has hinted at possible food shortages over the Bank of Ghana (BoG)'s decision to withdraw foreign exchange...

One dead, 4 others injured in accident at Bogoso

One person has been confirmed dead with four others injured in an accident at Bogoso in the Western Region on Saturday.
Bank of Ghana (BoG)

BoG directs banks to withdraw foreign exchange support for importation of rice, vegetable oils,...

The Bank of Ghana has directed banks to withdraw foreign exchange support to customers for the importation of certain non-critical or essential...

Resign or be sacked – Minority to BoG Governor

The Minority in Parliament is turning the heat on the Governor of the Bank of Ghana (BoG), Dr Ernest Addison, who they...

BoG revokes licences of 2 forex bureaus

The Bank of Ghana (BoG) has revoked licences of Airport City Forex Bureau within the Atlantic Tower Building and Trade House Forex...
Chief Executive Officer of COCOBOD, Joseph Boahen Aidoo

First tranche of $1.13bn cocoa syndicated loan to hit BoG account today

All things being equal, the first tranche of the $1.13 billion cocoa syndicated loan will hit the account of the Bank of...

Cedi depreciation: BoG Governor to meet banks, Forex Bureau operators

The Governor of the Bank of Ghana (BoG) will on Tuesday meet managers of banks and operators of Forex Bureaux to address...

PaFFAG threatens demo against BoG Governor

The Patriotic Forum for Accountable Governance (PaFFAG) has threatened a demonstration against the Bank of Ghana (BoG) governor, Dr Ernest Addison.

Ghana’s debt stock up ¢9bn to ¢402.4bn in July 2022 – BoG

Ghana’s public debt stock went up by ¢9 billion in July 2022 to ¢402.4 billion, the October 2022 Bank of Ghana(BoG) Summary...
File photo: World Bank

BoG delayed in increasing policy rate – World Bank

The World Bank has expressed concern about the delayed policy interest rate hike by the Bank of Ghana (BoG) during the period...

People’s Forum: Bad roads affecting us – Drivers, Agbogba residents share frustration

Residents and commercial drivers at Agbogba in the GA East Municipality, Greater Accra Region are lamenting over the poor state of their...

BoG dollar auction: Demand exceeds supply by $84.5m

Demand for dollars by dealers outstripped supply by $84.5 million, latest data from the Bank of Ghana has revealed.

BoG cautions public against 19 entities engaged in loan services without license

The Bank of Ghana is cautioning the public against unlicensed entities engaged in the provision of loans to consumers, in contravention of...

BoG Governor must assert independence or resign – Minority

The Minority in Parliament has asked the Governor of the Bank of Ghana (BoG), Ernest Addison to assert his independence and credibility.
cedi

Cedi hits ¢10 to a dollar; BoG measures may halt depreciation in short-term

The Ghana cedi has hit the ¢10 mark as it traded at ¢10.01 in the retail market yesterday August 15th, 2022.

BoG increases policy rate to 22%; cost of borrowing to shoot up significantly

The Bank of Ghana has increased the policy rate by 300 basis points to 22%, after an Emergency Monetary Policy Committee meeting...

We haven’t banned dollar account – BoG

The Bank of Ghana (BoG) has dismissed reports that it has banned the opening of dollar accounts. In a...

BoG to hold emergency MPC meeting over economic woes

The Bank of Ghana (BoG) will on Wednesday, August 17, 2022, hold an emergency Monetary Policy Committee (MPC) meeting on Ghana's...

Only selfish pastors, politicians support ‘bogus’ National Cathedral – Prophet Kumchacha [Video]

Prophet Kumchacha has lambasted pastors and politicians who are advocating for the building of the National Cathedral in Ghana.

BoG has printed ¢22.04bn – Minority insists amid fresh demands

The Minority in Parliament says it stands firmly by its claims that the Bank of Ghana (BoG) has printed GHC22.04bn to support...

Full text: Minority responds to BoG over alleged printing of ¢22bn

The NDC Caucus in Parliament has noted with dismay, a Bank of Ghana (BoG) Press Release dated July 26, 2022 which sought...
Bank of Ghana (BoG)

We haven’t printed ¢22.04bn to support govt’s budget – BoG

The Bank of Ghana (BoG) has dismissed claims by the Minority in Parliament that it has printed ¢22.04 billion to finance government’s...

BoG has printed ¢22b without parliamentary approval – Ato Forson alleges

Former Deputy Finance Minister, Dr. Cassiel Ato Forson has accused the government of encouraging the Bank of Ghana to print an amount of GH¢22...

Cedi loses 19.2% value to dollar in almost 7 months of 2022 – BoG

The cedi lost 19.2% in value to the US dollar in almost seven months of 2022. According to the...

Mobile money ‘cash-in’ grows by 64.5% to ¢164.80bn in 2021 – BoG

Total cash-in values of mobile money increased by 64.5% to ¢164.80 billion in 2021, from ¢100.17 billion in 2020.
Bank of Ghana (BoG)

BoG warns over linking Ghana card to bank account via social media link

The Head of Financial Stability at the Bank of Ghana, Dr. Joseph France, has warned the general public against linking their Ghana...