[ad_1] Dr. Cassiel Ato Forson, the Minority Leader in Parliament, has revealed that the Bank of Ghana (BoG) is constructing a new multi-million dollar residence for its governor at the former site of the Bank of Ghana Clinic in Ridge, Accra. In a post on X on Monday, June 3, the former Deputy Finance Minister…
[ad_1] Dr. Ernest Addison Governor of Bank of Ghana (BoG), Dr. Ernest Addison, has urged participants in the ongoing 3i Summit in Accra to explore new opportunities. According to him, although Africa’s fintech growth has been hindered by investor scalability, it was important for stakeholders to explore new opportunities for positive digitalization change in…
[ad_1] Togbe Afede XIV, the Agbogbomefia of the Asogli State, has raised concerns about the salary of the staff of the Bank of Ghana (BoG). In a piece dated April 11, 2024, Togbe Afede XIV, said the BOG spent GH₵1.62 billion (£147.27 million at 2022 average cedi-pound exchange rate) on its 2,203 employees. Comparing BoG…
[ad_1] Togbe Afede XIV, the Agbogbomefia of the Asogli State, has recommended a substantial restructuring of the Bank of Ghana (BoG) to improve its effectiveness. In his article dated April 11, 2024, Togbe Afede XIV emphasised that the BoG’s policy of maintaining high interest rates, to the detriment of the real sectors, is not a…
[ad_1] In a significant financial development, Ghana has received a boost with the disbursement of a US$300 million loan facility from the World Bank. The funds have been officially released for budgetary support, marking a crucial milestone in the country’s economic recovery efforts. The substantial amount was credited to the account of the Central…
[ad_1] The US$ 300m loan facility from the World Bank to Ghana has officially been released for budgetary support. The amount was credited to the Central Bank’s account today, Wednesday March 27, 2023. It is the first in a series of three operations of $300 million each from the World Bank for crisis response and…
[ad_1] FBNBank Ghana says it is working with the Bank of Ghana to identify and address issues that led to the suspension of its forex trading license by the apex bank. The Bank of Ghana announced on Monday the suspension of the Foreign Exchange Trading Licenses of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank…
[ad_1] An eight-member delegation from the Stellar Development Foundation (SDF) led by Hollywood actor, Dr. Idris Elba and the SDF CEO, Denelle Dixon, paid a courtesy call on Dr. Ernest Addison, Governor of Bank of Ghana, on Thursday, 16th February 2024. The non-profit organization, whose objective is to use blockchain to unlock the world’s economic…
[ad_1] The Minority caucus in Parliament has officially requested the presence of Dr. Ernest Addison, the Governor of the Bank of Ghana (BoG), to receive their petition calling for his removal from office. In October of this year, the minority group took to the streets and marched to the Central Bank’s premises to demand…
[ad_1] The Bank of Ghana (BoG) says it will not disclose details regarding its original decision to situate its controversial head office at the Marine Drive enclave. North Tongu MP Samuel Okudzeto Ablakwa had filed a Right to Information (RTI) request on the alleged payment of $5 million to Marine Metro Development Limited as part…
