Tag Archives: Bank of Ghana

The Governor of the Bank of Ghana, Dr. Ernest Addison, has urged the government to take action against shareholders of banks and financial institutions implicated in the financial sector clean up. According to Dr Addison, there is a need for accountability, hence, these individuals should be held responsible for their …

The second tranche of IMF cash has hit the Bank of Ghana’s (BoG) account today January 23, 2024. This is what Joy Business has picked up from persons with knowledge of the IMF programme. The IMF Mission Chief for Ghana, Stephane Roudet at the Joint Press Conference between the IMF, …

It was interesting to hear Bank of Ghana (BOG) officials pat themselves on the back because year-on-year inflation had dropped to 26.4% in November 2023, from 35.2% in October 2023 and 54.1% in December 2022. This trend should have been expected, I thought, because of the massive price increases and …

Ghana – once touted as a trailblazing African economic success story – is facing an unprecedented financial crisis. This week, hundreds of protestors took to the streets in the capital Accra, calling on the governor of the Bank of Ghana and his two deputies to resign over the loss of …

Minority Leader of the opposition National Democratic Congress (NDC), Dr Casiel Ato Forson says protesters demanding the resignation of Bank of Ghana (BoG) Governor, Dr Ernest Yedu Addison will not stop until they meet and present their petition to him. “Governor Addison has decided to disrespect us with the excuse …

The Minority caucus in Parliament has hit back at Finance Minister Ken Ofori-Atta for accusing the previous National Democratic Congress (NDC) administration of leaving behind a derailed International Monetary Fund (IMF) programme. In an article, Ofori-Atta said the New Patriotic Party (NPP) government in 2017 inherited a ‘derailed IMF programme …

There is an anonymous quote that says “Banks are to the economy what the heart is to the human body. They cycle necessary capital through the whole and they are barely noticed until pressure, necessity, or crises.” In much the same way, our Central Bank these past almost seven years …

The Minority in Parliament has suspended its planned protest against the Governor of the Bank of Ghana, Dr. Ernest Addison. This comes after the court, hearing a police application to injunct the protest over security concerns, adjourned ruling on a preliminary objection raised by lawyers of the MPs to Friday, …

The Minority in Parliament will on Tuesday, September 5, organise a demonstration against the Bank of Ghana Governor, Dr Ernest Addison and his two deputies. It will be done in collaboration with Civil Society Organisations, Progressive Forces and other well-meaning Ghanaians. This is according to a letter from the Minority …

Good Morning Ladies and Gentlemen of the Media. Welcome to this special press briefing, which has been necessitated by recent developments following the publication of the 2022 Annual Report and Financial Statements of the Bank of Ghana on 28th July 2023. Given the unique circumstances under which the 2022 report …