58 h. ago Gold Surges Seventy Percent in 2025 as Global Uncertainty Drives Record Rally

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-surges-seventy-percent-in-2025-as-global-uncertainty-drives-record-rally/Gold and silver posted their strongest annual gains since 1979 as geopolitical tensions, anticipated United States interest rate cuts and central bank purchases drove both precious metals to record highs throughout 2025, according to the All India Gem & Jewellery Domestic Council (GJC). The Mumbai based trade organization released its annual bullion market review December […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-surges-seventy-percent-in-2025-as-global-uncertainty-drives-record-rally/

Politics

62 h. ago Civil Society Leader Says Gold Programme Loss Claims Miss Bigger Picture

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/civil-society-leader-says-gold-programme-loss-claims-miss-bigger-picture/Civil society activist Dr. Steve Manteaw has challenged the narrative surrounding reported 214 million dollar losses in the Bank of Ghana’s (BoG) domestic gold purchase programme, arguing that focusing solely on operational costs while ignoring macroeconomic benefits distorts the programme’s actual impact. The natural resource governance expert maintains that critics and some analysts are fixating […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/civil-society-leader-says-gold-programme-loss-claims-miss-bigger-picture/

Politics

62 h. ago Central Bank Calls Gold Loss Reports Premature and Unverified

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/central-bank-calls-gold-loss-reports-premature-and-unverified/The Bank of Ghana has rejected claims of losses from its gold operations, describing the figures circulating publicly as speculative while its annual external audit remains incomplete. In a Thursday statement, the central bank emphasized that its 2025 financial statements have not yet been audited. The Bank of Ghana said any assertions about losses linked […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/central-bank-calls-gold-loss-reports-premature-and-unverified/

Politics

62 h. ago Economist Challenges Central Bank Over Gold Programme Losses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/economist-challenges-central-bank-over-gold-programme-losses/An economist has questioned the Bank of Ghana and the Ghana Gold Board’s dismissal of reported losses from the country’s gold operations, citing contradictions with International Monetary Fund disclosures in a sharply worded public statement. Frank Bannor, senior research fellow at the Institute of Economic Research and Public Policy (IERPP), challenged the central bank’s Thursday […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/economist-challenges-central-bank-over-gold-programme-losses/

Politics

64 h. ago Does Goldbod owe BoG US$214m, or has BoG lost US$214m? A policy and financial risk analysis

Introduction Ghana’s Gold-for-Reserves (G4R) and Domestic Gold Purchase Programme (DGPP) have been celebrated as innovative strategies to strengthen Ghana’s reserves, reduce reliance on foreign exchange borrowing, and curb illicit gold exports. At the heart of these initiatives is the Ghana Gold Board (GoldBod), established in 2025 to support the accumulation of gold reserves by the […]

Economics

3 d. ago Civil society group calls on the Bank of Ghana to suspend planned normalisation of non

A leading public-interest advocacy organisation has called on the Bank of Ghana (BoG) to suspend its planned normalisation of non-interest banking, citing significant regulatory, constitutional, and operational defects in the central bank’s proposed framework.

Politics

3 d. ago Civil society group calls on BoG to suspend planned normalisation of non

A leading public-interest advocacy organisation has called on the Bank of Ghana (BoG) to suspend its planned normalisation of non-interest banking, citing significant regulatory, constitutional, and operational defects in the central bank’s proposed framework.

Politics

3 d. ago BoG set to exit gold trading business, describes IMF’s losses tag as premature

The Bank of Ghana is set to exit the gold trading business from January 1, 2026. This is what JOYBUSINESS has picked up from persons with knowledge of the activity at the Central Bank.

Politics

4 d. ago Analysis: How GoldBod’s operations led to a $214 million loss at the BoG

The IMF has confirmed that the Bank of Ghana has incurred some losses through the Gold for Reserves programme implemented via the Ghana Gold Board.  In its 5th review of Ghana’s ongoing IMF programme, the Fund disclosed that losses from the artisanal and small scale doré gold transactions under the programme had reached $214 million […]

Economics

4 d. ago IMF Report Discloses US$214 Million Losses from Gold for Reserves Programme

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/imf-report-discloses-us214-million-losses-from-gold-for-reserves-programme/Operational costs from Ghana Gold Board (GoldBod) alongside trading shortfalls have driven losses under the Bank of Ghana’s (BoG) Gold for Reserves (G4R) programme to US$214 million within the first nine months of 2025, according to the International Monetary Fund’s (IMF) Fifth Review report. The disclosure is contained in the IMF staff report on Ghana’s […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/imf-report-discloses-us214-million-losses-from-gold-for-reserves-programme/

Economics

4 d. ago BoG rolls out new directives on documentations needed for cross border trading

The Bank of Ghana has rolled out new directives on documentations needed to facilitate cross border trading. This will ensure that all freight forwards, customs house agents and cross border traders align to these new directives regarding letter of commitment process and compliance for cross border. The Central Bank in a notice define the Letter […]

Politics

5 d. ago Bank of Ghana Projects Lending Rates Could Fall to 10 Percent by Late 2026

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-projects-lending-rates-could-fall-to-10-percent-by-late-2026/The Bank of Ghana (BoG) expects lending rates in the country could drop to around 10 percent by the end of 2026, earlier than previously projected, as macroeconomic conditions improve, Governor Dr Johnson Pandit Asiama has said. Speaking at the central bank’s year end Festival of Nine Lessons, Carols and Thanksgiving Service in Accra on […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-projects-lending-rates-could-fall-to-10-percent-by-late-2026/

Politics

6 d. ago BoG Governor Dr Johnson Asiama targets 10% NPL ratio by end of 2026

Bank of Ghana (BoG) Governor, Dr Johnson Asiama, has disclosed that the central bank is working to reduce the Non-Performing Loan (NPL) ratio to 10 per cent by the end of 2026.

Politics

9 d. ago BoG to engage more agencies to clamp down on unlicensed financial institutions

The Bank of Ghana (BoG) says it will intensify collaboration with key state agencies to clamp down on the operations of unlicensed financial institutions across the country. According to the central bank, the move forms part of a broader strategy to decisively deal with illegal financial operators whose activities continue to pose serious risks to […]

Politics

1 week ago Bank of Ghana Signals Stricter Banking Supervision Despite Sector Recovery and Profitability Gains

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-signals-stricter-banking-supervision-despite-sector-recovery-and-profitability-gains/Bank of Ghana (BoG) Governor Dr Johnson Asiama announced the central bank will introduce new stress tests, recovery planning requirements and stricter enforcement measures to protect financial stability despite banks returning to profitability during a post Monetary Policy Committee (MPC) meeting with bank heads on Wednesday December 18. The regulator stated the next phase of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-signals-stricter-banking-supervision-despite-sector-recovery-and-profitability-gains/

Politics

1 week ago The US$10 Billion Question: How Ghana stabilised the Cedi in 2025

FX intervention happens when the central bank sells foreign currency to: Stabilize the cedi Meet import demand Calm market volatility

Economics

2 w. ago Bright Simons: Is Bank of Ghana’s “Islamic Banking” rebrand too clever by half?

Yesterday, I read the “exposure draft” of the Bank of Ghana’s Guideline for the Regulation and Supervision of Non-Interest Banking. The first thing that struck me is that the central bank’s strategic decision to rebrand “Islamic Banking” as “Non-Interest Banking” (NIB), while understandable as a bid to avoid the kind of needless controversy sparked in Nigeria in 2011 when the Central Bank of Nigeria (CBN) first introduced Islamic Banking, has ended up creating unnecessary technical confusion.

Politics

2 w. ago Bank of Ghana Seeks Public Comments on Non Interest Banking Guidelines

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-seeks-public-comments-on-non-interest-banking-guidelines/The Bank of Ghana (BoG) has invited the banking industry, financial technology companies and the general public to submit comments on its draft guidelines for the regulation and supervision of non-interest banking in Ghana by December 24, 2025. The exposure draft, issued in accordance with the Central Bank’s Procedures for Issuance of Directives (2020), aims […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-seeks-public-comments-on-non-interest-banking-guidelines/

Politics

2 w. ago Federal Reserve Rate Cut Signals Two More Reductions in 2026

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/federal-reserve-rate-cut-signals-two-more-reductions-in-2026/The Federal Reserve cut interest rates by a quarter percentage point on December 10, with financial analysts predicting two additional cuts next year despite cautious central bank messaging. The Fed lowered its benchmark rate to a range of 3.5 percent to 3.75 percent while delivering hawkish language intended to temper market expectations for rapid follow […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/federal-reserve-rate-cut-signals-two-more-reductions-in-2026/

Politics

2 w. ago BoG scales back on FX intermediation for December; plans selling $800m

Bank of Ghana (BoG) is scaling back its Foreign Exchange Intermediation Programme under the revised Domestic Gold Purchase initiative.

Politics