Tag: BOG
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,...
GhC4.6m depositors’ funds: Bawumia didn’t err – BoG
The Bank of Ghana has stated that GhC4.6 million of depositors’ funds have been saved at the end of the Financial Sector cleanup as...
BoG dismisses staff over GH400k corrupt payment in Sibton deal
The Bank of Ghana on Friday
dismissed one of its officials, Mr Gilbert Addy, for gross misconduct in
relation to corrupt transactions and for accepting bribes...
‘BoG received GHS90m from Heritage Bank as stated capital, approved GHS35m...
THE Herald has intercepted incontrovertible evidence that indicate that the Bank of Ghana (BoG) received a cash transfer totalling GHS90 million from the now...
Four auditors sanctioned over collapse of Ghana banks
Four auditing firms of the seven banks that collapsed in 2017 and 2018, have been sanctioned by the Institute of Chartered Accountants, Ghana (ICAG).
The...
Staff of banks in Ghana stole GHc19.1m from customers’ accounts in...
A Bank of Ghana report on banking fraud in the country has revealed that there is a growing number of employees of banks either...
Prosecute Ken Ofori Atta, BoG Governor Addison and SEC boss –...
I wish to call on the Economic and Organized Crime Office (EOCO) to investigate and prosecute Hon Ken Ofori Atta, Minister of Finance, Dr....