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Ghana’s central bank cautions against foreign currency transactions

Ghana's central bank has cautioned against the use of foreign currencies to transact business within the country, as well as engaging in...

Bank of Ghana raises policy rate to 17%

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) on Monday (21 March 2022) raised the policy rate by 250...

Bawumia is the kind of leader Africa needs – Sanusi Lamido

The former governor of the Central Bank of Nigeria and Emir of Kano, Mohammed Sanusi Lamido II has extolled the leadership qualities...

BoG to stop printing GHC1 and GHC2 notes

Ghana's central bank has served notice that it would phase out the GHC1 and GHC2 notes in circulation. The...

Why is the media silent on Bank of Ghana’s success in...

The deafening silence of some media platforms on the ‘good news’ about this government is extremely worrying. While some...

Bank of Ghana wins arbitration against Sibton Switch Systems

A tribunal constituted under the auspices of the London International Court of Arbitration (LCIA) has issued an award in favour of the...

Ghana signs deal with German firm to rollout digital currency

The Bank of Ghana has partnered Giesecke+Devrient (G+D) to pilot a general purpose Central Bank Digital Currency (retail CBDC) in Ghana. G+D is...

Bank of Ghana to begin digital cedi pilot in September

The Bank of Ghana (BoG) will begin a pilot of the digital cedi in a sandbox environment in September, the First Deputy...

Bank of Ghana’s Domestic Gold Purchase Programme a gamechanger – Bawumia

The Vice President, Dr Mahamudu Bawumia, has hailed the decision by the Bank of Ghana to implement a Gold Purchase Programme designed...

Banks must abolish seven unfair charges – BoG

The Central Bank has warned commercial banks and specialised deposit-taking institutions (SDIs) in Ghana to abolish unfair charges in the banking sector.