18 h. ago Azumah Resources rejects political motive claims, confirms EBID talks started in 2023

In a carefully worded public statement, Azumah Resources Ghana Ltd has confirmed that the ECOWAS Bank for Investment and Development (EBID) was engaged in discussions to support the Black Volta Gold Project as early as 2023 — a critical clarification that challenges ongoing claims that the financing was politically engineered following Ghana’s 2024 elections.

Politics

67 h. ago Bright Simons accuses ECOWAS Bank of misleading public in Black Volta Gold Deal

IMANI Africa Vice President Bright Simons has made startling allegations against the ECOWAS Bank for Investment and Development (EBID). He claimed the institution deliberately misled the public regarding the controversial Black Volta gold deal. The policy analyst made these claims during an appearance on JoyNews’ Newsfile program on Saturday. Simons highlighted what he finds as […]

Politics

5 d. ago Bank of Ghana spent GH¢206 million on travel in 2024, twice the 2023 figure

The Bank of Ghana’s 2024 Annual Report, published on Monday, July 7, has revealed that the central bank spent GH¢206 million on official travel last year. This is exactly double the GH¢103 million recorded in 2023. The disclosure comes amid heightened scrutiny of public spending and cost control, particularly as the Bank of Ghana posted […]

Politics

6 d. ago Preserve integrity of fiscal policy adjustment to bolster economic recovery – IMF to government

It commended the government (Ministry of Finance and Bank of Ghana) for making headway on their public debt restructuring, highlighting the Memorandum of Understanding (MoU) with Ghana’s Official Creditors Committee (OCC) under the G20 Common Framework.  The focus is now on finalising the bilateral agreements to implement the MoU.

Politics

2 w. ago BoG warns banks, public against 10 unlicensed money transfer platforms

The Bank of Ghana (BoG) has cautioned the public, banks, dedicated electronic money issuers, and enhanced payment service providers (EPSPs) not to transact any business with ten money transfer organisations operating in the remittance and foreign exchange market without regulatory approval. The companies are Ace Money Transfer, Remit Union, Remit Home, Roze Remit, Monty Global, […]

Events

2 w. ago BoG dismissals must be viewed separately from political layoffs – Dr Kwapong advises Minority

CDD-Ghana Fellow and Director for the Democracy Project,Dr John Osae Kwapong has advised the Minority in Parliament to exercise caution in conflating the recent Bank of Ghana (BoG) staff dismissals with other public sector layoffs following the December elections.

Politics

3 w. ago Mass dismissal: BoG’s decision should be respected – Vickie Bright

The recent termination of probationary contracts for nearly 100 individuals at the Bank of Ghana (BoG) has ignited public debate, but a private legal practitioner, Vickie Bright, insists that the central bank's decision should be respected, provided it adheres to established legal and contractual frameworks.

Politics