Tag: Central Bank
World
Ghanaians angry at central bank during protests
The protestors were angry about spending over $250 million on building a new central bank headquarters while people in Ghana were struggling economically. The...
News
12-member BoG board contributed to Akufo Addo’s failed govt – Afaglo
The CEO of Marrer Ghana Limited, Susatgad Boat Building and Fishing Industries, Novihoho Afaglo, has joined the chorus of Ghanaian citizens and the Parliamentary...
Business
Financial analyst debunks claims of $8,000 salary paid to BoG independent directors
On the back of a press reports on purported monthly salary allegedly received by Independent Board Directors of the Central Bank, financial analyst Dr....
Business
This is how much BoG spent on money printing last year
In 2022, the Bank of Ghana utilized an amount of GH¢325 million for the printing of currency notes. Comparatively, as indicated in the Bank...
Business
The Central Bank intentionally sold it birthright to govt – Prof Bokpin
One of the institutions that needs to be safeguarded is the Bank of Ghana (BoG), according to Godfred Bokpin, a lecturer at the University...
Business
We endured DDEP shocks and a 50% salary cut to keep the economy from crashing – BoG
The Bank of Ghana's choice to cut government debt by 50% has been hailed as a vital step that saved the economy and won...
Business
GHS11.52m unearned salaries recovered by Auditor-General
The Auditor-General has managed to accrue more than GH¢11.52 million in disallowed unearned salaries and allowances in a special account at the Bank of...
Business
Central Bank implements strict measures for gold sales to address destructive artisanal mining
Central Bank has implemented stricter regulations for the sale of gold in order to tackle the negative impacts of artisanal mining activitiesDuring the opening...
Business
T-bills: Government meets target with slight oversubscription as interest rates soar to 29.25%
The recent treasury bill auction conducted by the government achieved a marginal oversubscription of GH¢97.32 million, surpassing its initial target of GH¢2.20 billion.It recorded...
Business
BoG must penalize banks, employees found responsible for scamming clients – Dr Atuahene
It has been requested that the Central Bank punish commercial banks, financial institutions, and their employees who are found accountable for scamming clients.This is...