TAG
BoG
BoG Issues Draft Guidelines to Regulate Cryptocurrency and Digital Assets Amidst Growing Market Interest
The Bank of Ghana (BoG) has taken a pivotal step towards regulating digital assets, including prominent cryptocurrencies such as Bitcoin and Tether, by issuing...
NDC MPs Notify Police About Another BoG Demo
Minority MPs have officially notified the Ghana Police Service of an intended demonstration, demanding yet again the removal of Bank of Ghana (BoG) Governor...
Dollar Surge Resumes 8 Days Before IMF Board Meeting on Ghana
The cedi is once again depreciating, just eight days before the International Monetary Fund (IMF) Board is scheduled to review Ghana’s progress.On the interbank...
Cedi Remains Under Pressure Despite BoG Measures and ‘Threats’, as Dollar Nears GH¢16
The cedi continues to depreciate despite recent measures and warnings from the Bank of Ghana (BoG).At a press conference on Monday, May 27, Central...
Stop Posting Rates on Social Media; BoG Tells Forex Bureaux as it Cracks Down on Illegal Activities to Stabilise Cedi
The Bank of Ghana (BoG) is intensifying its efforts to curb illegal activities in the forex market. It announced plans to enforce regulatory compliance...
Slash Policy Rate to 26.5%, Dr. Kwakye of IEA tells BoG
Dr. John Kwaye, the Head of Research at the Institute of Economic Affairs (IEA), has urged the Bank of Ghana (BoG) to slash its...
Banks are Taking Advantage of BoG High Policy Rate to Rip Off Customers- Togbe Afede XVI
The founder of SAS Finance Group, Togbe Afede XIV, has levelled accusations against banks, alleging that they exploit the high policy rate set by...
Bank of Ghana: Togbe Afede XIV Exposes BOG Staff’s GH¢566,046 Debt
As of the end of 2022, the average Bank of Ghana staff member owed the bank a total of GH¢566,046 in loans, Togbe Afede...
Government Authorised Payment of $11.9M for Pwalugu Multipurpose Dam – BoG Discloses
The Bank of Ghana has clarified that the payment of an amount of US$11.9 million to MS Power China International Group Limited, contractors of...
Togbe Afede Writes: Bank of Ghana Profits Unduly from High Rates
On March 25, 2024, the Monetary Policy Committee (MPC) of the Bank of Ghana decided to maintain the policy rate at 29%, citing persisting...