In the final quarter of 2025, the Bank of Ghana (BoG) liquidated approximately 18.5 tonnes of the country's gold reserves, representing about half of its total holdings at the time. This significant policy reversal, generating an estimated USD 3,500 per ounce, is now under analytical review regarding its costs, timing, and governance.
Ghana's Minister of Food and Agriculture assured the public there would be no tomato shortage despite Burkina Faso's export ban, while the Bank of Ghana Governor sees this as a strategic opportunity for Ghana's domestic agricultural sector.
Ghana's Minority in Parliament has formally petitioned the Special Prosecutor, CHRAJ, and CID to investigate a contract awarded for the renovation of the old Bank of Ghana office, citing potential financial loss.
The CEO of GoldBod, Sammy Gyamfi, has defended the Bank of Ghana's controversial decision to sell off portions of its gold reserves, citing a sharp downturn in global bullion market prices.
Economist Professor Godfred Bokpin states that the Bank of Ghana's policy rate has lost its market signalling power, arguing that the central bank has maintained artificially high borrowing costs despite falling inflation.
The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, announced that the government has initiated steps to recapitalize the central bank, including the issuance of a bond to support the process.
Data from the Bank of Ghana indicates that the average lending rate significantly declined to 19.7% in February 2026, following a general downward trend since June 2025, despite remaining high overall.
The Member of Parliament for Kade and Vice Chairman of Parliament’s Budget Committee, Alexander Agyare, has criticised the government’s fiscal management, citing what he described as unrealistic revenue projections and a lack of transparency surrounding an alleged $240 million loss linked to GoldBod and the Bank of Ghana.
Ghana’s gross international reserves have climbed to about $14.5 billion, strengthening the country’s ability to withstand external shocks, the Governor of the Bank of Ghana, Dr.
Governor of the Bank of Ghana, Dr Johnson Asiama, has cautioned that rising tensions in the Middle East could undermine Ghana’s progress in reducing inflation, despite recent improvements in the country’s macroeconomic indicators.
Policy Think Tank Africa Policy Lens (APL) has formally requested detailed disclosures from the Bank of Ghana (BoG) regarding the divestment of a portion of the nation’s gold reserves in the last quarter of 2025.
The Governor of the Bank of Ghana, Johnson Pandit Asiama, informed Parliament that the central bank's GH¢17 billion liquidity stabilization measures in 2025 significantly contributed to a rapid decline in inflation.
Ghana is experiencing economic relief as falling inflation benefits consumers and boosts sales, according to the Ghana Union of Traders Association (GUTA). Additionally, the Bank of Ghana and Ghana Association of Banks have been commended for reducing the Ghana Reference Rate (GRR) from 14.58% to 11.71%.
The Group Chief Executive Officer of Letshego Africa Holdings, Reinette van der Merwe, in her first official visit to Ghana since assuming office, met with a number of interest groups, including a visit to the Bank of Ghana. At the Bank Square, the headquarters of the central bank, the GCEO met with the Governor, Dr. […]
According to the Monetary Policy Report of the Bank of Ghana, the decline was mainly driven by cedi appreciation reducing the external debt in local currency by GH¢100.8 billion (8% of estimated GDP).
The Bank of Ghana has introduced a new six-point strategy to strengthen cybersecurity in the banking sector, with its Governor stating that cyber threats are now national security concerns.
The Chief Executive Officer of GoldBod, Sammy Gyamfi, has dismissed claims by the Minority that the Bank of Ghana is selling off the country’s gold reserves.
Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana, has cautioned that Africa could face fragmented financial growth if countries fail to integrate their financial systems, urging stronger coordination in fintech development and policy.
Ghana's former Finance Minister, Dr. Mohammed Amin Adam, has accused the Bank of Ghana of selling half of the nation's gold reserves last year to conceal anticipated losses in 2025, raising concerns about the country's financial stability.
Dr. Mohammed Amin Adam has raised concerns about the Bank of Ghana's sale of over 50% of its gold reserves, prompting a strong response from Gold Board CEO Sammy Gyamfi regarding the controversy.
The Governor of the Bank of Ghana, Dr Johnson Asiama has stated that businesses are benefiting from low interest rates due to the bank’s monetary policy tools. He made this statement after the Monetary Policy Committee of the Bank of Ghana announced a policy cut by 150 basis points to 14 percent. This also comes […]
The value of mobile money transactions in Ghana reached 447.4 billion cedis by February 2026, a substantial increase from 316.2 billion cedis in the same period last year, according to the Bank of Ghana.
Ghana's external reserves have increased to approximately $14.5 billion, providing about 5.8 months of import cover, according to the Bank of Ghana Governor, signaling an improved macroeconomic outlook.
The Governor of the Bank of Ghana, Dr Johnson Asiama, has described Ghana’s banking sector as sound, profitable, and well-capitalized, even as credit growth to households and businesses remains subdued. Speaking at the opening of the 129th Monetary Policy Committee (MPC) meeting, Dr Asiama highlighted that the banking sector’s health is crucial for the effectiveness […]
The Second Deputy Governor of the Bank of Ghana, Matilda Asante-Asiedu, has highlighted Ghana’s growing commitment to sustainable finance and climate-conscious financial supervision during the…
PwC suggests a higher probability of a policy rate cut by the Bank of Ghana, citing four key considerations that are likely to influence the Monetary Policy Committee's decision on February 2026 inflation.
The Governor of the Bank of Ghana, Dr. Johnson Asiama, has assured that the bank will maintain a prudent, disciplined, and data-driven approach to its monetary policy decisions despite current commodity price volatility.
Bank of Ghana Governor, Dr. Johnson Asiama, stated that Ghana's record low inflation levels are a result of prudent management of the economy, particularly within the monetary sector.
Elsie Addo Awadzi, former Deputy Governor of the Bank of Ghana, shares reflections and lessons learned from her seven years in public office, marking one year since completing her term.
The Governor of the Bank of Ghana has cautioned that the nation's economy faces renewed strain from a potential dual commodity shock if global gold market instability persists, noting the country's unpreparedness for another major external shock.
The Governor of the Bank of Ghana has downplayed concerns over Burkina Faso's ban on tomato exports to Ghana, instead urging local value addition and production to strengthen the domestic agricultural sector.
The Bank of Ghana's strategy of cutting interest rates while simultaneously withdrawing liquidity is being questioned by economists, who debate whether these policies are contradictory or effective for economic recovery.
The Bank of Ghana is reportedly considering an extension to the recapitalisation deadline for one of two banks currently struggling to meet minimum capital requirements.
The Bank of Ghana (BoG) has identified Non-Performing Loans (NPLs) as a significant ongoing risk to the country's banking industry. This concern persists despite an overall improvement in the banking sector's performance observed in February 2026.
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has cut the policy rate by 150 basis points to 14 percent, the second consecutive time this year.
Joy News is preparing special coverage as the Bank of Ghana's Monetary Policy Committee is set to announce its latest policy rate decision today, March 18, 2026.
The Monetary Policy Committee (MPC) of the Bank of Ghana has commenced its 129th meeting to determine the policy rate, considering declining inflation and heightened global economic uncertainty.
Bank of Ghana Governor Dr. Johnson Asiama stated that rising geopolitical tensions could benefit Ghana's trade balance through higher global gold prices, while advising policymakers to remain cautious.
Matilda Asante-Asiedu, the Second Deputy Governor of the Bank of Ghana, reaffirmed Ghana’s commitment to sustainable finance during the recent plenary meeting of the Network for Greening the Financial System (NGFS) held in Pretoria, South Africa.
The Bank of Ghana (BoG) has stated that its recent decision to convert a portion of its gold reserves into foreign exchange assets is a strategic move for portfolio diversification, not a loss of national assets.
However, the Bank of Ghana, warned that a deterioration in macroeconomic conditions could negatively impact asset quality and increase operational costs, but these would be offset by gains from net interest income.
Databank Research and the Bank of Ghana have released various economic forecasts for Ghana for 2025-2026, predicting a current account surplus, cedi depreciation, and significant banking sector profit growth, while also highlighting fiscal risks.