The Bank of Ghana (BoG) has unveiled the Ghana Gold Coin, a new investment initiative aimed at reducing dollar hoarding. As part of the domestic gold programme, this initiative seeks to absorb excess liquidity in the market and strengthen the local currency against major trading currencies. The coin will be …
Read More »Minority to meet police on Tuesday’s #OccupyBOGProtest
The Minority in Parliament is scheduled to meet the Accra Regional Command of the Ghana Police Service concerning the new notice served for a procession to the Bank of Ghana on Tuesday, September 12. The meeting is expected to agree on the route for the procession. This comes after the …
Read More »This is a breach of trust – Disappointed Minority slams police
The Minority in Parliament has expressed disgust at the Accra Regional Command of the Ghana Police Service for resorting to the courts to stop the planned protest on Tuesday, September 5. Deputy Minority Leader Emmanuel Armah-Kofi Buah says the caucus is disappointed the police decided to secure an injunction against …
Read More »The decision to build new HQ was taken in 2019 when BoG made profits – Governor
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the BoG took the decision to build a new headquarters in 2019 when the bank was making profit. The Minority in Parliament has been asking the central bank to provide answers to questions relating to the …
Read More »BoG issues becoming albatross around neck of NPP & Gov’t; they must explain things better – Bempah
A of Director of Communication of the New Patriotic Party (NPP) Ernest Owusu-Bempah has charged the Bank of Ghana (BoG) to provide a detailed and better explanation of the issues surrounding the new headquarters that it is building and also the GH60.8billion loss it incurred last year. In the view …
Read More »[Audio]Dormaahene blasts BOG over 250m dollars controversial new headquarters project
The Dormaahene and President of the Bono Regional House of Chiefs, Osagyefo Oseadeyo Dr. Agyeman Badu has described the proposed Bank of Ghana new headquarters to be constructed at the cost of 250 million dollars as highly a misplaced priority. The Dormaahene expressed his displeasure about the Bank of Ghana …
Read More »GUTA lauds BoG’s efforts at stabilizing value of the Cedi
The Ghana Union of Traders Association (GUTA) has commended the Bank of Ghana (BoG) and the government for the efforts at stabilizing the value of the Cedi. GUTA urged the bank and the government to continue with more efforts to sustain the programme and bring reliefs to businesses. “As the …
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