Togbe Afede XIV writes – Bank of Ghana has failed us
It was interesting to hear Bank of Ghana (BOG) officials pat themselves on the back because year-on-year inflation had dropped to 26.4% in November 2023, from 35.2% in October 2023…
Closure of banks was difficult & painful but the measures averted a total collapse of the financial sector – Addison
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the three-year financial sector reforms (2017-2019) that led to the collapse of some domestic banks including Unibank,…
Bank of Ghana lists 8 unapproved Money Transfer Organisations; and warns against dealing with them
The Bank of Ghana (BoG) has said it has come to its notice that there are a number of Money Transfer Organisations (MTOs) operating within the Remittance and the Ghana…
The banking sector cleanup was done with hatred and envy – Gyampo
The banking sector clean-up exercise that was undertaken by the Bank of Ghana (BoG) was done to target a group of people, a professor at the University of Ghana Ransford…
Ghanaians deserve at least two-thirds refund – Franklin Cudjoe on BoG’s losses
Founding President of IMANI-Africa Franklin Cudjoe says the Governor of the Bank of Ghana and his two deputies should not only be asked to resign but also forced to refund…
Bank of Ghana board, governor should resign – Sammy Gyamfi
The Governor of the Bank of Ghana, Dr Ernest Addison and the bank’s Board should resign for making the bank to lose close to GH¢60 billion in 2022. Addressing a…
Nduom secures Supreme Court ruling in the quest to reclaim GN Bank from State
The Supreme Court on Wednesday, July 19, 2023, affirmed the decision of the High Court that it has jurisdiction over the lawsuit filed against the Bank of Ghana (BOG) in…
Court of Appeal erred in GN Bank’s license revocation orders – Supreme Court
The Supreme Court has set aside the Court of Appeal’s decision that the High Court cannot investigate the circumstances leading to the revocation of GN Bank operation license by the…
Bank of Ghana reserves decline from $9bn to $3bn – Finance Committee Report
A recent report by the Finance Committee of Parliament has revealed the precarious state of the country’s finances. According to the report of the Finance Committee on Loan Facility Agreement…
BoG warns public against SIDICOIN investment scheme
The Bank of Ghana (BoG) has warned the public against the impending launch of a cryptocurrency investment scheme named ‘SIDICOIN’. According to the BoG, neither the investment scheme nor the…
