64 h. ago 4 banks including one state bank remain severely undercapitalised – IMF

The Fund report added that capital support from the GFSF to two of these banks has tipped state-ownership interest into a majority position, highlighting that state interest is expected to revert to a non-majority status on completion of these banks’ respective negotiations with investors for their recapitalisation.

Politics

4 d. ago Any further easing of policy rate should remain gradual and data dependent – IMF to BoG

The Fund said “The authorities have taken decisive steps to safeguard financial stability, including by implementing the strategy to restructure and reform state-owned banks, closing gaps in the crisis management and resolution framework, and pursuing a multi-pronged approach to reduce non-performing loans”.

Events

1 week ago IMF programme and strong fiscal–monetary coordination driving Ghana’s stability — Prof. Peter Quartey

Prof. Peter Quartey, Economist and former ISSER Director, says Ghana’s recent economic stability is the result of a combination of coordinated policy efforts and the continuation of the IMF programme, not the achievement of a single ministry or individual. He made the remarks on the JoyNews Business Economic Forum. Prof. Quartey, who now heads the Legon Centre for International Affairs and Diplomacy (LECIAD), said the gains being recorded are the product of teamwork across government, including the Presidency, the Finance Ministry and the Bank of Ghana.

Politics

1 week ago BoG pledges to consolidate regulatory gains, unveil new banking reforms

“The Bank of Ghana will remain a firm, fair, and transparent partner—supportive where necessary and uncompromising where stability is at risk,” Dr. Asiama said.

Politics

2 w. ago Former UT Bank Boss Calls for Ruthless Leadership to Transform Ghana

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/former-ut-bank-boss-calls-for-ruthless-leadership-to-transform-ghana/Captain Prince Kofi Amoabeng (Retired), founder of the defunct UT Bank, says Ghana’s development will remain stalled unless leaders enforce rules without fear and citizens abandon their tolerance for wrongdoing. Speaking on Channel One TV’s The Point of View with broadcaster Bernard Koku Avle on December 10, 2025, the former military officer argued that sabotage, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/former-ut-bank-boss-calls-for-ruthless-leadership-to-transform-ghana/

Politics

2 w. ago Bank of Ghana Begins Partial Gold Reserve Reduction Strategy

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-begins-partial-gold-reserve-reduction-strategy/The Bank of Ghana has started a strategic adjustment of its foreign reserve portfolio that includes partial reduction of its gold holdings, the central bank announced Sunday, December 8, 2025. The move forms part of the bank’s strategic asset allocation framework, which guides reserve composition to support long-term monetary and financial stability. The framework, outlined […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-begins-partial-gold-reserve-reduction-strategy/

Politics