Tag: Bank of Ghana
Zero BoG Financing Of Government’s Budget Will Hurt Economy – Economist
Economist Dr Adu Owusu Sarkodie is kicking against the implementation of zero financing of the government budget by the Bank of Ghana (BoG).
Dr Sarkodie...
NDC Threaten To Remove BoG Governor; Demands Resignation In 21 Days
The opposition National Democratic Congress (NDC) has issued a call for the resignation of Dr. Ernest Addison, the Governor of the Bank of Ghana...
Gov’t Has No Right To Write Off Debts Without Parliamentary Approval...
The Minority Leader in Parliament, Cassiel Ato Forson has questioned the bases for which the Bank of Ghana (BoG) wrote off government's debt without...
BoG Builds $1Bn Reserves In 6 Months
The Bank of Ghana, (BoG) has in the first half of the year, added US $1 billion to the country’s reserves and has improved...
Nduom To Challenge GN Bank’s License Revocation At High Court
The Supreme Court has given businessman and politian, Paa Kwesi Ndoum the green light to challenge the revocation of the license of GN Bank...
Cedi Gains Strength Marginally
The Ghana cedi depreciated by 1.9 percent in March 2023 and appreciated by 0.6 percent, in April according to Bank of Ghana.
The local currency...
BOG Records Almost 20% Drop In Banking Sector Profits
Profitability levels in the banking sector have declined, according to the Bank of Ghana.
The central bank attributed this to the mark-to-market losses on investments,...
There Was No Fire At Bank of Ghana
The Bank of Ghana has denied rumours of a fire outbreak at its premises.
It said the false report which followed a widespread video on...
BoG Supports Govt To Refinance GH¢2.83Bn
The Bank of Ghana (BoG) supported the government to refinance GH¢2.83 billion 5-year bond expected to have matured on November 28, 2022.
Joy Business is...
BoG Halts Foreign Exchange Support For Some Non-Critical Goods
The Bank of Ghana has withdrawn foreign exchange support to customers for the importation of certain non-critical or essential goods.
Joy Business however understands that...
