People carrying over $1m out of Ghana without declaring – BoG Governor reveals

“People are carrying more than a million dollars out of Ghana without declaring it,” Bank of Ghana Governor Dr Johnson Asiama has revealed. Speaking on Joy News’ yet-to-be-aired PM Express Business Edition, he described such practices as major leakages that threaten the stability of the economy and undermine efforts to fight money laundering. “If you […]

Martin Kpebu commends BoG for reinstating dismissed staff, applauds Governor’s responsiveness

Legal practitioner and governance analyst, Martin Kpebu, has commended the Bank of Ghana (BoG) for reinstating nearly a hundred employees who were dismissed last week, describing the move as a commendable act of leadership and responsiveness to public sentiment. Speaking on Joy FM’s Super Morning Show on Friday, Mr Kpebu praised the Governor of the central bank, Dr […]

We have built adequate buffers to withstand external threats – BoG Governor assures

The Governor of the Bank of Ghana (BoG) Dr. Johnson Asiama has assured that the country has built the needed buffers to withstand external threats to the economy, particularly from the Iran Israel war in the Middle East. According to Dr. Asiama, “Ghana’s foreign reserve position, inflation trajectory, and fiscal adjustment efforts provide a solid […]

BoG Governor suspends Gold-for-Oil programme

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has announced the suspension of the country’s Gold-for-Oil programme due to unspecified policy and operational challenges. The decision marks a significant shift in Ghana’s economic strategy, as the initiative was originally designed to reduce reliance on foreign exchange for fuel imports and stabilise domestic […]

Menzgold would have been resolved in 2017 if you had continued from where I left off-Dr. Johnson Asiama to gov’t

 Former 2nd deputy Governor of the Bank of Ghana, Dr. Johnson Asiama has indicated that should government had followed up on engagements and correspondents he had had with now distressed gold trading for Menzgold, the issue would have been resolved by the end of 2017. According to him, he had engaged the leadership and management […]