2 h. ago Macroeconomic stability must translate into growth – BoG Governor tells Banks

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, is urging commercial banks to leverage the stability in the financial sector to drive economic growth. Speaking at a meeting with chief executives of banks in Accra, Dr. Asiama emphasised that the gains made in stabilising the banking system must now translate into tangible […]

Politics

3 h. ago BoG meets banks on foreign exchange auctions and liquidity challenges

The Governor of the Bank of Ghana (BoG), Dr. Johnson P. Asiama, has announced plans to engage the Ghana Association of Banks in the coming days to address concerns surrounding forward foreign exchange auctions and market liquidity. Speaking at a brief meeting with the CEOs of commercial banks in Accra, Dr. Asiama explained that the […]

Politics

28 h. ago Policy consistency and macroeconomic stability necessary for confidence in the cedi – Absa’s Adolph Kpegah

The Executive Director, Strategy and Operations at Absa Bank Ghana Limited, Adolph Kpegah, has highlighted the importance of policy consistency and macroeconomic stability in restoring public confidence in the cedi and in discouraging the preference for hard foreign currency. Speaking at the recent 11th Absa-UPSA Quarterly Banking Roundtable, he highlighted that sustained macroeconomic stability and […]

Events

56 h. 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

56 h. 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

56 h. 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 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

6 d. ago Ghana Remittances Show Steady Growth Despite Central Bank Alarm

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-remittances-show-steady-growth-despite-central-bank-alarm/Recent claims by the Bank of Ghana (BoG) Governor suggesting a sharp 50% decline in remittance inflows have sparked economic concerns. However, official BoG data reveals a contrasting trend of seasonal stability and year-on-year growth, contradicting the assertion. Quarterly figures from the central bank’s Summary of Economic and Financial Data show remittances under “Private Transfers […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-remittances-show-steady-growth-despite-central-bank-alarm/

Politics

6 d. ago Inflation is falling, the cedi is rising: So why are prices still high?

Inflation has been on a steady decline throughout the first half of 2025, and for the first time in years, there’s a glimmer of macroeconomic stability.

Economics

6 d. ago Ghana Fixed Income Market Records GH¢722.5 Million in August 6 Trading

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-fixed-income-market-records-gh%c2%a2722-5-million-in-august-6-trading/The Ghana Fixed Income Market saw GH¢722.5 million in total traded value across 635 transactions on August 6, 2025, with treasury bills dominating activity. Government securities accounted for nearly 70% of the day’s volume, reflecting sustained investor focus on sovereign debt instruments amid ongoing macroeconomic stabilization. Treasury bills led activity with GH¢208.2 million traded across […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-fixed-income-market-records-gh%c2%a2722-5-million-in-august-6-trading/

Economics

7 d. ago The era of high interest rates cannot be sustained – BoG Governor warns banks

The Bank of Ghana Governor, Dr. Johnson Asiama, has advised commercial banks that to review their business models to ensure that their operations are not affected going forward. According to him, the era of high interest rates cannot be sustained, adding that “it is now time for the banks to begin reviewing these strategies not […]

Events

7 d. ago BoG Governor urges banks to rethink lending strategy after policy rate cut

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has urged commercial banks to reassess their lending strategies in the wake of the central bank’s latest monetary policy decision aimed at revitalising the economy. Speaking at the Chartered Institute of Bankers Ghana’s post Monetary Policy Committee (MPC) roundtable discussion, Dr. Asiama said the […]

Events

8 d. ago Opinion: Inflation is falling, the Cedi is rising; so why are prices still high?

Ghana is currently experiencing what should be a moment of economic optimism. Inflation has been on a steady decline throughout the first half of 2025, and for the first time in years, there’s a glimmer of macroeconomic stability. Deloitte and the IMF are both projecting single-digit inflation by year-end, with the IMF forecasting as low […]

Economics

8 d. ago Ghana Bond Yields Decline Sharply as Investor Confidence Rebounds

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-bond-yields-decline-sharply-as-investor-confidence-rebounds/Government bond yields fell significantly across all maturities in the first half of 2025, reflecting strengthening investor sentiment amid easing inflation and stabilizing macroeconomic indicators. Data from the Bank of Ghana shows the sharpest compression at the shorter end of the curve, with the 4-Year Bond yield dropping 686 basis points to 19.36% between January […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-bond-yields-decline-sharply-as-investor-confidence-rebounds/

Politics

3 w. ago Minority Chief Whip fumes over postponement of BoG Governor’s appearance in parliament

Minority Chief Whip Frank Annoh-Dompreh, has expressed displeasure over the indefinite postponement of his question to the Governor of the Bank of Ghana (BoG), insisting that public officials must show respect for Parliament and its oversight role. His frustration followed an announcement by Majority Leader Mahama Ayariga, who informed the House that the BoG Governor […]

Politics

3 w. ago Threat to cedi’s legitimacy isn’t inflation but erosion of public trust – BoG Governor

Speaking at the ABSA-UPSA Quarterly Banking Roundtable on Thursday, July 17, Dr Asiama stated that over the past six decades, the cedi has born witness to Ghana's economic highs and lows.

Events

3 w. ago Emergency MPC meeting will not result in new policy rate – BoG Governor

The Bank of Ghana Governor, Dr. Johnson Asiama has revealed that the Emergency Monetary Policy Committee meeting will not result in a new policy rate decision. “We will rather review some developments in the market, ahead of the actual meeting in the next 10 days,” the Governor added. According to him, “Many people thought that […]

Events

3 w. ago Cedi can rival dollar if Ghanaians restore trust, says BoG governor

Bank of Ghana Governor Dr. Johnson Asiama says the cedi can be as strong as any global currency if Ghanaians commit to restoring trust and value in it.

Politics

3 w. ago The dollar is not a legal tender in Ghana, you can reject it as medium of payment – BoG Governor

The Governor of the Bank of Ghana (BoG) Dr. Johnson Asiama has categorically stated that the dollar is not a legal tender in Ghana that can be used to pay for goods and services. He pointed out that businesses and individuals can reject the dollar when used as a medium of payment in the country. […]

Politics

3 w. ago Ghana’s commitment to IMF programme key in maintaining macroeconomic stability – Deloitte

Ghana’s continued adherence to the International Monetary Fund (IMF) programme remains central to its economic policy, Deloitte has indicated in its Macroeconomic Outlook. According to the professional services firm, “commitment to programme is key to maintaining macroeconomic stability and investor confidence”. It also pointed out that the Bank of Ghana may consider easing its monetary […]

Politics