Tag: BOG
uniBank collapse: Duffuor, others granted GhC60m bail
Dr. Kwabena Duffuor, founder of the defunct uniBank and a former Deputy Governor of Bank of Ghana, has being granted bail by an Accra...
NPP are better managers of the economy – BoG data reveals
The management of the Ghanaian Cedi over the past three years has been one of the best in Ghana’s recent history, the Vice President,...
Ghana’s Cedi is the world’s best-performing currency against U.S. dollar
Ghana’s cedi, the world’s best-performing currency against the dollar this year, extended its advance on Monday as investors await a Eurobond sale that would bolster the...
Gov’t must stop killing Asante-owned businesses – Kumasi Group roars
Pressure group, Kumasi Youth Association (KuYA), has condemned what it describes as government's "malicious strategy" to collapse businesses owned by Asantes.
KuYA believes the development...
Bright Simons writes: Bank of Ghana’s murky explanations for the GHC100...
The
Bank of Ghana (BoG) on November 29th, 2019, released a document
justifying the need for the introduction of “higher-value denomination”
currency (HVD) notes.
The...
Why is Ghana introducing new and bigger bank notes? Here’s why
1. Why has the Bank of Ghana introduced higher denomination?
Answer: To address the deadweight burden on the economy from the past inflation and cedi...
Ghana’s central bank rolls out GhC100, GhC200 notes and GhC2 coin
Ghana's central bank has announced the introduction of GHC100 and GHC200 notes.
This means the current highest note in the country GHC50 will cease to...
Mahama weeps for collapsed banks, savings and loans customers
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has bemoaned the effect the collapse of banks and other local financial institutions...
One dead, 2 in critical condition after Bank of Ghana bullion...
A motor accident involving a Bank of Ghana bullion van and a fuel tanker on the Kumasi-Techiman highway has claimed at least one life,...
