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 …
Read More »Bank of Ghana Governor’s Special Press Conference On 2022 Loss And New Head Office – Full Text
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 …
Read More »BoG New HQ: Ato Forson Rejects Ahiagbah’s ‘Lies’
The Minority Leader, Dr Cassiel Ato Forson has rejected claims by the Director of Communications for the governing New Patriotic Party (NPP), to the effect that he was part of Bank of Ghana’s board when it commenced processes for the construction of its new head office building. According to him, …
Read More »We Have Had Enough! – Minority Fires Back At Bank Of Ghana
The Minority group in Ghana’s Parliament has issued a response to the Bank of Ghana’s (BoG) reply concerning the 2022 published annual report and financial statements. The Minority’s statement emphasizes that the Bank of Ghana’s response fails to address the fundamental issue at hand, which is the alleged printing of …
Read More »Don’t Pay Hidden Fees And Charges On Loans – Bank of Ghana Tells Borrowers
THE Bank of Ghana has advised the borrowing public not to pay fees and charges on loans that were not disclosed to them prior to the signing of the agreement. The central bank said such charges were null and void and must not be bore by borrowers. In a public …
Read More »Former Deputy Bank of Ghana Governor Confirmed Dead
A former Deputy Governor of the Bank of Ghana, Emmanuel Asiedu-Mante, has died. Mr Asiedu-Mante died Monday night aged 81. He passed on at the Bank Hospital in Accra after battling with ill health, his son, Daniel Asiedu-Mante, told Graphic Online Wednesday. Born in June 1942, he was the Deputy …
Read More »Bank of Ghana Denies Introduction Of ¢500 Coin False
The Bank of Ghana (BoG) has debunked reports of issuing ¢500 coin, insisting it has no immediate plans of issuing higher denomination for circulation. There have been reports that the Bank is working to introduce the coins – samples of which have been circulated on social media platforms. Speaking to …
Read More »IMF Presses Ghana To Stop Borrowing From Its Central Bank
The International Monetary Fund is pushing Ghana’s cash-strapped government to stop borrowing from its central bank, according to people familiar with the matter. The IMF wants the two entities to sign a commitment to zero financing, said the people who asked not to be identified because they’re not authorized to …
Read More »Ghana’s Cedi Strengthens Further As It Goes For ¢8 To $1
The Ghanaian currency has continued to strengthen the trend against the US dollar and all the other major foreign currencies. The cedi in the last two weeks has been on a path of resurgence against all the major trading currencies. The local currency is currently trading at ¢8 to a …
Read More »Bank of Ghana Reacts To Reports Of Fire Outbreak At Its Premises
The Bank of Ghana has denied rumours of a fire outbreak at its premises. It said the false report which followed a widespread video on social media was rather a “routine fire drill to prepare staff for real-time fire situation”. In a statement, the Central Bank said, “the general public …
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