The Bank of Ghana (BoG) has rolled out new Anti-Money Laundering, Countering the Financing of Terrorism, and Proliferation Financing (AML/CFT/PF) Guidelines aimed at tightening oversight and ensuring stronger compliance across …
Bank of Ghana (BoG)
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Economy and FinanceNews
Ghana plans to link intra-African debit card with mobile money
by Adnan Adamsby Adnan AdamsEfforts are intensifying to mainstream the use in Ghana of Africa’s first potentially pan-continental debit payments card – the Pan African Payment and Settlement System (PAPSS) Card. The PAPSS Card …
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Economy and Finance
Deepen collaboration with stakeholders to maintain cedi stability – Veep to BoG
by Adnan Adamsby Adnan AdamsVice President Professor Naana Jane Opoku-Agyemang urged the Bank of Ghana to strengthen its collaboration with commercial banks and the business community to maintain stability and confidence in the Ghanaian …
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Economy and FinanceNews
Weak revenues and high wage pressures pose key fiscal risks to Ghana’s economy
by Adnan Adamsby Adnan AdamsThe Bank of Ghana has identified weak revenue performance, pressures from employee compensation, and increasing energy sector payments as major fiscal risks that could impact the country’s economy for the …
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Economy and FinanceNews
Ghana’s policy rate remains high …ranks 3rd in Sub-Saharan Africa
by Adnan Adamsby Adnan AdamsGhana retains its position as the country in Sub-Saharan Africa with the third highest policy rate, according to the World Bank’s October 2025 Africa Pulse Report. Despite a 7.5 percentage …
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Economy and FinanceNews
Jobs availability slumps by 10% as at Aug. 2025 – BoG
by Adnan Adamsby Adnan AdamsThe number of jobs advertised in selected print and online media, which partially gauges labour demand in the economy, decreased in August 2025, data from the Bank of Ghana has …
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Bank of Ghana Governor Dr. Johnson Asiama has warned that fintechs could become a major source of financial instability if left unregulated, emphasizing the need for proactive regulation to safeguard …
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Economy and FinanceNews
Cedi set for historic rebound …as it appreciates 36% YTD
by Adnan Adamsby Adnan AdamsGhana’s local currency, the cedi, is poised to make history as it records its first-ever annual appreciation against the US dollar since its redenomination in 2007. According to Bloomberg data, …
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Economy and FinanceNews
Cedi appreciation slowed remittances, we had to step in, says BoG Governor
by Adnan Adamsby Adnan AdamsGovernor of the Bank of Ghana (BoG), Dr Johnson Asiama, says the central bank was compelled to support the foreign exchange market after the sharp appreciation of the cedi slowed …
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Economy and FinanceNews
Bank of Ghana targets end to dollarisation challenge in Ghana
by Adnan Adamsby Adnan AdamsGovernor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has renewed calls for stronger efforts to promote the exclusive use of the Ghana cedi in domestic transactions, describing dollarisation …