22 h. ago Ghana Pushes Gold Refining Expansion to Capture Export Value

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-gold-refining-expansion-to-capture-export-value/At London’s GHIB CONVERGE conference, Bank of Ghana First Deputy Governor Dr. Zakari Mumuni championed plans to transform the nation’s gold sector. “Establishing refineries in Ghana presents a very good prospect,” he told banking and trade leaders, arguing that domestic processing would create jobs, improve trade balances, and retain more value from Africa’s top gold […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-gold-refining-expansion-to-capture-export-value/

Politics

52 h. ago Ghana Turns to Gold in Bid to Stabilise Economy, Central Bank Says

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/The Bank of Ghana is leveraging its domestic gold resources as a cornerstone strategy to rebuild foreign reserves, stabilise the cedi, and restore investor confidence following the nation’s exclusion from international capital markets during its recent debt crisis. First Deputy Governor Dr. Zakari Mumuni outlined the central bank’s approach, calling it critical for hedging sovereign […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/

Politics

64 h. ago Ghana’s Central Bank Pushes Commodities as Economic Lifeline

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-pushes-commodities-as-economic-lifeline/First Deputy Governor of the Bank of Ghana, Dr. Zakari Mumuni, has declared commodities essential for Ghana’s economic future. Speaking at Africa’s CNVERGE 2025 summit in Accra, he urged strategic shifts to transform raw materials into tools for stability and growth. “Commodities are no longer just exports,” he stated. “They’re assets to build resilience, unlock […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-pushes-commodities-as-economic-lifeline/

Politics

3 d. ago Ghana’s Gold Strategy Boosts Reserves and Stabilizes Economy

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-gold-strategy-boosts-reserves-and-stabilizes-economy/Ghana’s Domestic Gold Purchase Programme (DGPP) has fortified foreign reserves, steadied the exchange rate, and helped tame inflation, according to First Deputy Governor of the Bank of Ghana, Dr. Zakari Mumuni. Speaking at the CNVERGE ’25 banking summit, he revealed the central bank bought 145.95 tonnes of gold since the program’s launch, with 86.77 tonnes […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-gold-strategy-boosts-reserves-and-stabilizes-economy/

Politics

3 d. ago Domestic Gold Purchase Programme: BoG’s reserves increase by 100% within 5 years

The First Deputy Governor of the Bank of Ghana (BoG) has revealed that the Domestic Gold Purchase Programme has helped BoG to increase its gold reserves by 100% within the past five months since June 2021.

Politics

3 d. ago Domestic Gold Purchase Programme: BoG’s reserves increased by 100% within 5 years

The First Deputy Governor of the Bank of Ghana (BoG) has revealed that the Domestic Gold Purchase Programme has helped BoG to increase its gold reserves by 100% within the past five months since June 2021.

Politics

3 d. ago Domestic Gold Purchase Programme: BoG’s reserves increased over 100% within 5 years

The First Deputy Governor of the Bank of Ghana (BoG) has revealed that the Domestic Gold Purchase Programme has helped BoG to increase its gold reserves by over 100% within the past five years.

Politics

3 d. ago Domestic Gold Purchase Programme has helped stabilise cedi, ease inflation – First Deputy Governor

First Deputy Governor of the Bank of Ghana, Dr Zakari Mumuni, says the Central Bank’s Gold Purchase Programme has been instrumental in stabilising the cedi and easing inflation in recent months.

Politics

4 d. ago Ghana’s Central Bank Pushes Finance Sector to Capitalize on Commodity Surge

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-pushes-finance-sector-to-capitalize-on-commodity-surge/Ghana’s central bank is urging bankers and traders to seize fresh opportunities emerging from the country’s evolving commodity sector. Speaking at the CNVERGE ’25 event in London, First Deputy Governor of the Bank of Ghana (BoG), Dr. Zakaria Mumuni, challenged financial players to move beyond simply exporting raw materials. Dr. Mumuni argued that strategically leveraging […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-pushes-finance-sector-to-capitalize-on-commodity-surge/

Politics

4 d. ago Bank of Ghana Defends Gold for Oil Scheme Despite Heavy Losses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-defends-gold-for-oil-scheme-despite-heavy-losses/Ghana’s central bank is standing by its controversial Gold for Oil (G4O) programme, portraying it as a vital economic lifeline despite racking up losses of GH¢2.14 billion. First Deputy Governor Dr. Zakari Mumuni offered a robust defence at London’s C’NVERGE 2025 conference, calling the initiative a crucial tool that secured affordable fuel, bypassed volatile currency […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-defends-gold-for-oil-scheme-despite-heavy-losses/

Politics

4 d. ago Ghana Rolls Out Gold Coin to Anchor Savings and Curb Inflation

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-rolls-out-gold-coin-to-anchor-savings-and-curb-inflation/Ghana’s central bank has unveiled a pioneering financial instrument designed to stabilize personal wealth and bolster monetary policy. The newly launched Ghana Gold Coin (GGC), announced by First Deputy Governor Dr. Zakari Mumuni at London’s CNVERGE ’25 summit, offers investors a high-purity, tangible asset amid economic uncertainty. This move signals a strategic shift for the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-rolls-out-gold-coin-to-anchor-savings-and-curb-inflation/

Economics

3 w. ago Cedi to end 2025 against dollar at GH¢11.45 on interbank market – IC Research

“Our estimate showed year-to-date FX sales of US$4.6 billion on the interbank market by the Bog [Bank of Ghana] as of 7 July 2025, while concurrently accumulating FX [forex]reserves, through a strategic tweak to the domestic gold purchase programme.”

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