Search: “Gold for Reserves”

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.

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

Ghana's economic path is under scrutiny - could the nation be stuck in a cycle?

The Trades Union Congress (TUC) has issued a warning regarding Ghana's economic policies. They suggest the country's reliance on certain financial strategies could have long-term consequences - but what are they?

A Ghanaian MP is raising concerns about a gold mine deal - but what exactly is he worried about?

Suame MP John Darko is calling for value protection in the Damang Gold Mine deal with Engineers and Planners Limited. He is stressing stronger safeguards around equity participation and long-term benefits- but why is this so important?

Ghana's drop in mining investment attractiveness raises questions - what impact will this have?

Ghana's mining sector is facing scrutiny as the Global Mining Investment Attractiveness Index reveals a shift in the nation's ranking. Stakeholders are now concerned about what this could mean for the country's appeal to investors.

Why does President Mahama think 'our own people' are so deeply entrenched in the illegal mining crisis?

President Mahama acknowledges the pervasive involvement of various individuals in illegal mining - from political figures to traditional leaders. This widespread participation poses a significant challenge to combating galamsey in Ghana.

Discover the compelling reasons that led Dr. Bawumia to introduce Ghana's Gold-for-Oil and Domestic Gold Purchase programs.

Dr. Mahamudu Bawumia has elaborated on the rationale behind his Gold-for-Oil and Domestic Gold Purchase initiatives. His explanation sheds light on

Authorities make a shocking discovery during an anti-galamsey operation - and the environmental impact is devastating.

A pre-dawn raid led by the National Anti-Illegal Mining Operations Secretariat (NAIMOS) targeted illegal mining operations in the Amansie East District. The operation uncovered a destructive engineering scheme impacting the area's vital water resources - but what did they find?

A dangerous ambush leads to dozens of arrests - but what illicit items were discovered at the scene?

A NAIMOS taskforce in the Western region was targeted, leading to a large operation. Authorities are determined to clamp down on illegal mining - but what did they find?

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 Leader facing backlash for questioning the Bank of Ghana's gold purchase program, and what are the alleged financial implications?

Minority Leader Alexander Afenyo-Markin is defending his scrutiny of the Bank of Ghana's Domestic Gold Purchase Programme (DGPP) and the Ghana Gold

The Minority Caucus and GoldBod's CEO are locked in a heated exchange over the interpretation of IMF findings on Ghana's gold purchase program.

Ghana's Minority in Parliament is demanding accountability from the Ghana Gold Board (GoldBod) regarding significant losses from the Bank of Ghana's

The Minority in Parliament is pressing the Ghana Gold Board for answers on a massive reported loss-what are they hiding?

The Minority in Parliament is demanding accountability from the Ghana Gold Board (GoldBod) regarding an alleged GH¢22 billion loss under the

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?

Why did the Majority insist on a closed-door briefing from the Bank of Ghana Governor, prompting a Minority walkout?

A dispute arose in Ghana's Parliament regarding the Bank of Ghana Governor's briefing on the cedi's stability and foreign exchange management. The