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Finance Minister Dr. Cassiel Ato Forson rejects taxpayer funding for the Bank of Ghana’s recapitalization due to a GH¢60 billion deficit. He suggests the central bank lease back its Head …
Finance Minister Advocates Internal Solutions for Bank of Ghana’s Recapitalization Read More
Dr. Cassiel Ato Forson, Ghana’s Minister of Finance, declared that the government will not use taxpayer money for a GH¢53 billion bailout for the Bank of Ghana, suggesting the bank …
Minister of Finance Asserts Taxpayer Funds Will Not Bailout Bank of Ghana Read More
The Bank of Ghana is seeking a GHC 53 billion bailout to address negative equity issues caused by significant losses, primarily from the government’s debt restructuring program. Finance Minister Dr. …
Bank of Ghana Requests GHC 53 Billion Bailout to Mitigate Negative Equity Read More
Minority Leader Alexander Afenyo-Markin has advised the Governor of the Bank of Ghana, Dr. Johnson Asiama, to maintain the independence of his office and resist political influence. He cautioned against …
Minority Leader Calls for Independence of Bank of Ghana Amid Political Pressure Read More
The Bank of Ghana, represented by Governor Dr. Johnson Asiama, defended the $11.1 million furnishing costs for its new headquarters during a Parliamentary session. He highlighted the inadequacy of the …
Bank of Ghana Justifies $11.1 Million Expenditure for New Headquarters Furnishings Read More
Dr. Johnson Asiama, Governor of the Bank of Ghana, confirmed his occupancy of the new headquarters, nearly 98% complete. He addressed concerns in Parliament regarding its cost, emphasizing adherence to …
Bank of Ghana Governor Confirms Operation from New Headquarters Read More
The Bank of Ghana, led by Governor Dr. Johnson Asiama, has suspended the Gold-for-Oil programme due to policy and operational issues that have resulted in financial losses. This decision marks …
Suspension of Ghana’s Gold-for-Oil Programme Due to Operational Challenges Read More
Ghana plans to launch its e-Cedi in 2025 after delays, aiming to learn from Nigeria’s eNaira. Offline functionality for the CBDC is proposed to cater to unbanked users. South Africa …
Ghana to Launch e-Cedi in 2025 After Years of Development Delay Read More
The Bank of Ghana has prohibited photocopying Ghana Cards for banking activities, emphasizing the necessity of biometric verification for identity authentication. This directive aligns with existing regulations and aims to …
BoG Directs Banks to Cease Photocopying Ghana Cards for Transactions Read More
The Gold-for-Oil program in Ghana has been suspended by new Central Bank Governor Dr. Johnson Asiama due to policy and operational challenges. He emphasized the need for currency stability following …
Ghana Suspends Gold-for-Oil Program as New Central Bank Governor Focuses on Currency Stability Read More