Search: “Central Bank”

Analysis of Ghana's proposed Loans Act and whether legislation can enforce the fiscal discipline that IMF conditionality

Analysis of Ghana's proposed Loans Act and whether legislation can enforce the fiscal discipline that IMF conditionality cannot sustain permanently

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.

Trump is at odds with the Fed chair - and hints at firing him if he doesn't leave. What could happen?

Donald Trump has threatened to fire Federal Reserve Chair Jerome Powell. The two are in a spat over interest rates - and now a potential investigation adds fuel to the fire.

Vendors in Ellembelle are rejecting 10 and 20 pesewas coins, despite Bank of Ghana warnings that all valid denominations

Vendors in Ellembelle are rejecting 10 and 20 pesewas coins, despite Bank of Ghana warnings that all valid denominations remain legal tender.

The World Shea Expo returns to Tamale-but can it transform Ghana's shea industry?

The World Shea Expo is returning to Tamale in 2026, bringing together stakeholders in the shea industry. The event aims to boost investment and trade-but what challenges will they face?

A new World Bank strategy seeks to transform health systems in West and Central Africa - but how will they achieve this?

The World Bank has launched a regional strategy to transform health systems in Ghana and other West and Central African countries. The strategy aims to improve health outcomes and support productivity- but what challenges will they face?

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?

The U.S.-Israeli war against Iran could affect the recent improvement in Ghana’s economy - how?

Bank of Ghana Governor Asiama says the U.S.-Israeli war against Iran poses a fresh threat to Ghana’s inflation outlook. The Governor notes that geopolitical uncertainty is pushing up gold prices - but will that be enough?

Africa's top arm wrestlers converge in Accra- but which nation will demonstrate it's the strongest?

Accra is set to host Africa's best arm wrestlers for the 15th Africa Armwrestling Championship- with about 350 pullers representing 21 national teams. The stakes are high as competitors vie for continental glory and qualification to the 2027 African Games.

Ghana's commitment to sustainable finance was highlighted at a recent meeting - but what does this mean for the economy?

Matilda Asante-Asiedu, Second Deputy Governor of the Bank of Ghana, attended the NGFS Plenary in South Africa. Discussions centered on sustainable finance and climate-conscious financial supervision - and the implications could be significant.

Festus Mogae, former president of Botswana, has passed away at 86 - what impact did he have on African governance?

Botswana is in national mourning following the death of former President Festus Mogae. He is remembered as a pivotal figure who solidified Botswana's reputation for stability and transparency - his legacy will surely be felt.

Financial markets are being redesigned, with emerging economies at the forefront - but what does this mean for Ghana?

At the ACI World Congress in Accra, central bank governors discussed financial markets. The focus was on how emerging economies are redesigning them - but the implications are still unclear.

Trump says he called off Iran attacks at the request of Gulf states- but what does this mean for global markets?

Tensions in the Middle East continue as the US considers military action against Iran- with Gulf states now involved. Energy markets are volatile, and the potential impact on the global economy looms large- but how will it all unfold?

Ghana's Parliamentary Press Corps sharpen their skills - but what crucial role does financial reporting play in a strong democracy?

The Parliament of Ghana, World Bank, and FCDO collaborated on a workshop for journalists. The aim was to boost their capacity for public financial reporting- but the implications could be far-reaching.

Ghana's MPC grapples with a complex decision - can they balance low inflation with rising global uncertainty?

The Bank of Ghana's Monetary Policy Committee is meeting to review the policy rate amidst global economic uncertainty- a decision made more complex by improvements in key economic indicators. The committee must navigate a shifting landscape, balancing domestic progress with emerging external threats- but what choices will they make?

Why is the Minority demanding a full audit of the Gold for Reserves Programme? What did they discover?

Ghana's Minority Caucus is calling for accountability regarding the Gold for Reserves Programme. The caucus has concerns about financial discrepancies between Ghana Goldbod and the Bank of Ghana - and the management of national assets.

The Minority is pointing to hidden figures in the Bank of Ghana's report - but what do they mean?

Ghana's Minority caucus is raising concerns about the Bank of Ghana's financial health based on recently released statements. They are accusing the central bank of obscuring the true extent of its financial difficulties - but what could this mean for the nation's economy?

The Minority caucus 'strips BoG naked,' claiming hidden losses- but what is the real financial picture?

Ghana's Minority caucus has strongly criticized the Bank of Ghana's (BoG) financial state following the release of its 2025 report- raising concerns about transparency. The caucus alleges hidden losses and policy insolvency, hinting at deeper issues within the nation's financial systems- but what could this mean?