BoG to resume monetary easing in quarter 3, 2025
The Bank of Ghana (BoG) is expected to resume monetary easing in the third quarter of 2025, but at a measured pace, Fitch Solutions...
BoG Deputy Governor says cedi appreciation is no fluke
The First Deputy Governor of the Bank of Ghana (BoG), Dr. Zakari Mumuni, has stated that the recent appreciation of the Ghana cedi is...
Why is a board member doing PR? – Ken Thompson questions Adongo’s dollar withdrawal comments
Economist Kenneth Kwamina Thompson has questioned why Dr. Isaac Adongo, a board member of the Bank of Ghana (BoG), is publicly commenting on operational...
Cedi stability backed by organic, non-debt creating reserves – BoG
The First Deputy Governor of the Bank of Ghana (BoG), Dr. Mumuni Zakaria, has clarified that the recent rally of the cedi is not...
We’re not burning reserves to hold the cedi – BoG Deputy Governor
The First Deputy Governor of the Bank of Ghana, Dr. Mumuni Zakaria, has dismissed claims that the central bank is depleting its foreign reserves...
BoG Governor calls for trust-based partnerships to accelerate Fintech and digital initiatives
The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has called for collaboration to promote fintech and digital initiatives to enhance Africa’s...
We’re guiding the cedi to its true level – Isaac Adongo
Bank of Ghana Board Member Isaac Adongo says the recent calm in the cedi’s volatility is the result of a deliberate and coordinated policy...
We haven’t received any directive to halt over-the-counter dollar withdrawals – Bankers Association
The Ghana Association of Bankers (GAB) has clarified that commercial banks have not received any official directive from the Bank of Ghana (BoG) to...
No more over-the-counter dollar withdrawals – Adongo
Bank of Ghana (BoG) board member Isaac Adongo has announced plans to intensify restrictions on over-the-counter US dollar withdrawals from financial institutions as part...
Mahama appoints Florence Adei Ohene as second Deputy MD of Consolidated Bank Ghana
President John Mahama has appointed Florence Adei Ohene as the second Deputy Managing Director of Consolidated Bank Ghana Ltd (CBG).With more than 25 years...
NPP wants applause for cedi stability, but not the blame for its collapse – Fifi Kwetey
General Secretary of the National Democratic Congress (NDC), Fifi Fiavi Kwetey, says the New Patriotic Party (NPP) is scrambling to rewrite its legacy by...
Cedi to continue appreciating; one dollar trades at GH¢13.60
The Ghana cedi gained 6.25% week-on-week against the dollar in the retail market, cementing its position as the best currency among a basket of...
Bond Market: Secondary activity eases 2.67% to GH¢1.23bn
Activity in the secondary bond market declined by 2.67% week-on-week to GH¢1.23 billion, down from GH¢1.26 billion.
Trading remained concentrated in the General Category bonds,...
“A welcome break for Ghanaians” – Joe Jackson hails Cedi’s rise
Ghana's national currency, the Cedi, is currently enjoying a rare moment in the global spotlight.According to a recent Bloomberg report, the local unit has...
S&P upgrades Ghana’s credit rating to CCC+, cites strong progress
In a significant endorsement of Ghana’s economic recovery efforts, global credit rating agency S&P Global Ratings has upgraded the country’s foreign-currency sovereign credit rating...
The fundamentals haven’t changed – Lecturer cautions against cedi hype
An Economics lecturer at the University of Ghana says the recent cedi appreciation must be viewed with caution, warning that the underlying fundamentals of...
If you don’t need that forex, liquidate it – GUTA advises traders
Charles Kusi Appiah, Head of the Business and Economic Bureau of the Ghana Union of Traders’ Associations (GUTA), has warned individuals and businesses against...
Cedi’s appreciation not a ‘nine-day wonder’ – Finance Minister
Finance Minister, Dr. Cassiel Ato Forson, has assured stakeholders that the recent appreciation of the Ghanaian cedi is not a fleeting development but the...
BoG reaffirms commitment to cybersecurity through strategic collaboration and reform
The Bank of Ghana (BoG) has reaffirmed its commitment to strengthening cybersecurity in the financial sector through enhanced collaboration and regulatory reform.
At the Financial...
Bank of Ghana targets 12% inflation rate for 2025
Bank of Ghana Governor, Dr. Johnson Asiama, has revealed that the Central Bank is now targeting an end-year inflation rate of 12 per cent...
Mahama appoints Matilda Asante-Asiedu as BoG Second Deputy Governor
President John Mahama has appointed Matilda Asante-Asiedu as the Second Deputy Governor of the Bank of Ghana (BoG).
This was announced in a statement signed...
Gov’t surpasses Treasury Bill target by GH¢550m
The government of Ghana has exceeded its Treasury bill target by GH¢550 million, according to the latest auction results released by the Bank of...
‘Cedi’s stability against US Dollar will be sustained’ – BoG Governor
Bank of Ghana (BoG) Governor, Dr. Johnson Asiama, says the cedi’s days of excessive volatility against the dollar are coming to an end.
Speaking to...
IMF boss commends Finance Minister for strong commitment to economic reforms
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has commended Minister for Finance, Dr. Cassiel Ato Forson, and his team for...
Finance Minister leads strategic engagement with Ghana Heritage Club in Washington
Finance Minister Dr. Cassiel Ato Forson led Ghana’s delegation to the Imf/spring meetings to meet with the Ghana Heritage Club at the World Bank...
Finance Minister meets IFC MD to deepen cooperation in key sectors
The Minister for Finance, Dr. Cassiel Ato Forson, has held a high-level meeting with the Managing Director of the International Finance Corporation (IFC), Makhtar...
155 bank, SDI staff dismissed over fraud in 2024 – BoG report
At least 155 staff members of banks and specialized deposit-taking institutions (SDIs) were dismissed in 2024 for their involvement in fraudulent activities, according to...
‘Early IMF exit makes for great optics, bad economics – Bright Simons warns of premature celebration
Vice President of IMANI Africa, Bright Simons, has criticized the government’s planned early exit from the IMF programme, calling it a “classic case of...
Bank of Ghana reports 33% rise in staff-involved fraud in 2024
The Bank of Ghana has reported a sharp 33% increase in staff involvement in fraudulent activities across the banking and specialised deposit-taking sector for...
GOLDBOD commences licensing of service providers
The Ghana Gold Board (GoldBod) has officially commenced the licensing of service providers within the country’s gold trading sector.Commencement of the licensing marks a...
eTranzact Ghana clinches top honors at Ghana Corporate Finance Gala Dinner 2025
eTranzact Ghana continues to affirm its leadership in the financial technology sector, taking home two of the most coveted awards at the just-ended Ghana...
Government records first T-Bills oversubscription in a month
The government has recorded an oversubscription of its treasury bills auction for the first time in a month.
According to auction results released by the...
World Bank Group MD visits Finance Ministry, pledges support for key sectors
The Managing Director and Chief Administrative Officer of the World Bank Group, Wencai Zhang, paid a courtesy call on Friday to the Minister for...
Former BoG Governor sued
A Ghanaian retiree has taken legal action against the Bank of Ghana (BoG) and its immediate past Governor, Dr Ernest Addison, accusing them of...
BoG Governor urges banks to strengthen internal controls
Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana (BoG), has urged all banks to enhance their internal controls and strengthen oversight of...
Bank of Ghana governor urges prudence in lending rate adjustments
The Bank of Ghana Governor, Dr. Johnson Asiama, has urged commercial banks to exercise caution and transparency when adjusting their lending rates following the...
Investors shifting to Bank of Ghana bills as T-bills face decline
Investors have increasingly turned to Bank of Ghana bills, offering returns of about 28%, instead of traditional treasury bills, amid a sharp decline in...
Exercise prudence in adjusting lending rates up – BoG Governor to banks
The Bank of Ghana Governor(BoG), Dr. Johnson Asiama, has urged commercial banks to exercise prudence in adjusting their lending rates following the increase in...
BoG to cut policy rate in July 2025 – Report
IC Research, the research arm of IC Securities, forecasts that the Bank of Ghana will cut its policy rate for the first time since...
Banking Consultant calls for constitutional ceiling on gov’t borrowing
Ghanaian banking consultant Dr. Richmond Atuahene has called for urgent constitutional reforms to impose strict limits on government borrowing, describing the current economic situation...