Search: “Bank of Ghana loss”

GOLDBOD's "beautiful" financials hide a troubling truth - what is the real cost of the state gold program?

Ghana Gold Board's (GOLDBOD) 2025 financials paint a picture of success, touting significant gold assays and a healthy surplus. Examining these figures alongside the Bank of Ghana's results, however, reveals a stark contrast - raising questions about the true cost of GOLDBOD's operations.

Despite a wealth of data, Africa struggles to convert it into effective decisions-a challenge highlighted by recent events.

At the Kwame Nkrumah University of Science and Technology's 50th anniversary, BigData Ghana CEO Baffoe challenged Africa to leverage its abundant

UMB is experiencing a transformation under Dr. Oti-Mensah's leadership-but what's driving this resurgence?

Dr. Philip Oti-Mensah's first year as Managing Director of UMB coincides with international recognition-a front-page feature in EMEA Entrepreneur. This milestone hints at a transformation underway at UMB, driven by a leadership style focused on discipline and strategic execution-but what does it mean for the bank's future?

Ghana has built robust payment infrastructure, but a critical question remains: can businesses access the credit needed to truly grow?

Ghana's Deputy Governor Matilda Asante-Asiedu highlighted a significant $4.8 billion SME financing gap during the National ICT Week. This shortfall

What do power outages and BoG losses mean for Ghana? Prime Insight tackles these issues this Saturday!

Prime Insight will host a panel to discuss Ghana's power challenges and the Bank of Ghana's financial losses. The discussion promises legal, political, and economic perspectives- leaving viewers to wonder about the true implications.

Vice President Naana Jane Opoku-Agyemang shares her personal struggle to comprehend a national tragedy and the immense pressure to remain composed.

Vice President Naana Jane Opoku-Agyemang has spoken about the emotional impact of a helicopter crash that claimed the lives of several government

Global financial institutions are raising concerns about the economic impact of war - how will Ghana be affected?

The World Bank, IMF, and IEA are warning about potential economic fallout from the ongoing war in the Middle East. The institutions highlight possible challenges for Ghana and other low-income economies - but what could these be?

Discover how Ghana's annual road crash losses are impacting its economy and what this means for the nation's development.

Ghana faces a significant economic drain from road crashes, as highlighted by a recent World Bank report. The financial impact of these incidents

The IMF warns of hidden risks in global credit markets- could the Middle East war trigger a financial crisis?

The IMF is sounding the alarm about the war in the Middle East and its potential impact on the global economy. The apparent calm in financial markets may be masking vulnerabilities- but what could happen if the war escalates?

Why is the NPP UK branch demanding an independent audit into Ghana's gold purchasing, even as Parliament prepares for its own inquiry?

The UK branch of the New Patriotic Party (NPP) is calling for an independent forensic audit into Ghana's domestic gold purchasing operations. This

Ghanaian traders are demanding an urgent review of port charges, citing concerns over their impact on the cost of doing business.

The Traders Advocacy Group (TAGG) is urging the government to address what it calls excessive charges at Ghana's ports. This intervention is crucial

Discover how the Tano South Municipal Assembly plans to tackle dangerous road conditions and unauthorized revenue collection in the region.

The Tano South Municipal Assembly is addressing a public safety crisis on major highways due to excessive speeding and a lack of speed-calming

A high-profile politician is in court amid claims of falsified documents and a missing fortune - what's the real story?

Chairman Wontumi, a prominent figure in the NPP, faces serious allegations related to a multi-million cedi agricultural loan. The charges involve deception and a significant financial loss to Ghana EXIM Bank - raising questions about accountability.

The government's explanation for withholding spending to stabilize the economy has been deemed unacceptable in the wake of recent flood-related

Kojo Oppong Nkrumah, Ranking Member on Parliament's Economy and Development Committee, has criticized the Mahama administration's handling of

Why are young officers being held responsible for the potential misdeeds of traders - and past customs administrations?

A Ghanaian news editor questions the practice of blaming young officers for offences committed against customs laws - particularly regarding goods in transit. They hint at past indiscretions within the Ghana Customs administration and the bond system.

Fibre-optic cable destructions are costing Ghana's telecommunication companies millions! What is causing the damage?

Ghanaian telecommunication companies are struggling with the destruction of fibre-optic cables. The persistent damage is creating instability for telecom operators - but what is the source of the destruction?

Why is a prominent political figure being urged to address serious allegations, and what steps are being taken to ensure accountability?

PAGA has urged Minority Leader Alexander Afenyo-Markin to clear his name following allegations by GoldBod CEO Sammy Gyamfi. The organization

Chairman Wontumi is in court over alleged financial losses - what does this mean for the NPP?

Bernard Antwi-Boasiako, Ashanti Regional Chairman of the NPP, faces criminal charges related to alleged financial improprieties. The charges involve the Ghana Export-Import Bank - but what exactly transpired with the GH¢30m?