Tag: BoG
Business
Chamber of Mines to sell 125,000 ounces of gold to BoG
Gold-producing member companies of the Ghana Chamber of Mines will, between now and December 2022, sell about 125,000 ounces of gold to the Bank...
Business
Phasing out ¢1, ¢2 notes will further hike inflation – IEAEA Director of Research
The Director of Research at the Institute of Economic Affairs, Dr. John Kwakye is warning of further hikes in inflation if the Bank of...
Business
BoG to impose sanctions on banks that breach digital financial services guidelines
The Bank of Ghana may impose on banks or Specialized Deposit-Taking Institutions, an administrative sanction of not more than 10,000 penalty units for breach...
Business
BoG commended for easing imports and exports bottlenecks
Chief Executive Officer of the Ghana Shippers' Authority (GSA), Ms Benonita Bismarck, the has commended the Bank of Ghana (BoG) for streamlining bottlenecks in...
News
BoG illegally printing money for Government – Isaac Adongo alleges
The Member of Parliament for Bolgatanga Central, Isaac Adongo, has accused the Bank of Ghana (BOG) of illegally printing money for Government.Mr Adongo stated...
Business
BoG report: Banks lose GH¢ 61m to fraud, 53% Of cases involve staff
The banking sector in the country last year lost GH¢61 million through fraud and other banking malpractice. This represents a surge of 144 per...
News
Registered internet banking customers see 4.7% decline in 2021 BoG
The Payment Systems Oversight Annual Report of the Bank of Ghana has disclosed that the number of registered internet banking customers reduced by 4.77%...
Business
BoGs supply of dollars to BDCs drops from 85% to 21% CBOD
The Ghana Chamber of Bulk Oil Distributors (CBOD), has called on other players in the foreign exchange supply market to step up their efforts...
Business
3 unregulated investment schemes BoG, SEC have warned Ghanaians about
In recent times, many people especially the youth and businessmen have lost huge sums of money to scammers. This is because they pumped their...
Business
E-Cedi must be implemented to forestall disruptions in payment space BoG
The Bank of Ghana (BoG) has noted that in recent years, the idea of issuing digital currencies by central banks has been topical around...