Also known as: the Bank of Ghana · the Central Bank · former Bank of Ghana
Central bank of Ghana responsible for monetary policy, banking sector regulation, and financial system stability.
Verbatim sentences from the source article.
Joy Online
… The Bank of Ghana explained that Ghana’s electronic payment landscape has undergone significant transformation, driven by continuous technological innovation, proactive banking sector initiatives, and strong regulatory support. …
Internet banking transactions hit GH¢383.82bn in 2025Joy Online
… le total assets grew 60.15% to GHC310.62 billion, liabilities rose faster still, up 41.83% to GHC323.17 billion, and the sub-sector’s accumulated fund swung to a negative GHC41.14 billion from a positive GHS15.47 billion. “This is a shift driven substantially by the Bank of Ghana …
State-Owned Enterprises’ revenue reach GH¢176.43bn in 2025 – SIGA reportJoy Online
… According to the Bank of Ghana, the strong performance of the GIS reflects heightened economic activity and greater participation by financial institutions on the platform. …
Total value of payment transactions increased to GH¢9.45trn in 2025, but cheque transactions fallJoy Online
… According to him, directives issued in November 2023 required large-scale mining companies to sell 20 per cent of their refined gold to the Bank of Ghana in Ghana cedis before exporting the remainder. …
Abu Jinapor highlights increased gold exports after Domestic Gold Purchase ProgrammeJoy Online
… While political debate has surrounded the figures, macro-level economic analyses clarify that the cited $1.7 billion assessment reflects policy, exchange-rate, and valuation costs incurred directly by the Bank of Ghana (BoG) to build national reserves, rather than commercial trad …
NPP UK branch calls for independent audit into gold purchasing operations and parliamentary probeJoy Online
… He explained that while the country had purchased gold from abroad when it sought to increase its reserves in 1960, the new programme allowed the Bank of Ghana to purchase gold locally from licensed aggregators and mining companies, paying them the Ghana cedi equivalent of the pr …
Bawumia was brainchild behind Domestic Gold Purchase Programme – Samuel JinaporJoy Online
… He said the programme was formally launched on June 17, 2021, at the then head office of the Bank of Ghana, following strategic engagements with relevant stakeholders. …
GANRAP is essentially a rebranding of Domestic Gold Purchase Programme – Abu JinaporThe Ghanaian Times
… Responding to arguments that the reported losses could instead be exchange rate losses on the Bank of Ghana’s own accounts and that the central bank was following international best practices, Mr Afenyo Markin called for patience. …
GoldBod concerns are about implementation, not individuals- Afenyo-MarkinJoy Online
… According to GoldBod, US$700 million of the projected amount will be made available to commercial banks through spot sales and funded forward arrangements, while up to US$700 million will be provided to the Bank of Ghana for reserve accumulation under the Ghana Accelerated Nation …
GoldBod to generate US$1.4bn in FX in SeptemberJoy Online
The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has assured Ghanaians that the introduction of non-interest banking will not replace conventional banking but will instead provide an alternative financial option. …
Non-interest banking will not replace conventional banking – Dr Johnson AsiamaSpeaker of Parliament Alban Bagbin has called on the Ewe diaspora to leverage cultural and social networks to create businesses and employment in Ghana, rather than limiting their contribution to remittances. He urged the Council of Ewe Associations of North America to connect its diaspora network to investment opportunities in agriculture, tourism, infrastructure and enterprise.
3 hours ago · Daily Guide →
Speaker of Parliament Alban Bagbin has called on the Ewe diaspora to leverage cultural and social networks to create businesses and employment in Ghana, rather than limiting their contribution to remittances. He urged the Council of Ewe Associations of North America to connect its diaspora network to investment opportunities in agriculture, tourism, infrastructure and enterprise.
3 hours ago · Daily Guide →
Ghana's banks wrote off GH¢1.23 billion in bad loans during the first half of 2026, a 38 percent increase from GH¢893 million a year earlier. Despite the increased write-offs, the banking sector's non-performing loan ratio improved to 16.1 percent in June 2026 from 23.1 percent in June 2025, suggesting banks are cleaning up their loan portfolios.
3 hours ago · Daily Guide →
The President of the Ghana Association of Co-Operative Credit Union Managers has called on credit union leaders to embrace digital transformation to provide efficient and accessible services to members, while emphasizing the need to prioritize cybersecurity, data protection, and fraud prevention alongside technology adoption.
3 hours ago · Joy Online →
President John Dramani Mahama has announced that the government has allocated $2 billion to finance the construction of the Accra-Kumasi Expressway using Ghana's own resources, with the money placed in a special account at the Bank of Ghana to ensure funding will not delay the project once construction begins.
4 hours ago · The Chronicle →
ProMark Elite Limited and KPMG are collaborating through the Digital Assets Summit Africa to support Africa's digital assets agenda, which has shifted from technology interest to establishing regulatory rules, institutional capacity, and translating innovation into economic value. The focus now extends beyond cryptocurrency trading to include payment systems, cross-border transactions, tokenisation, financial inclusion, and consumer protection.
6 hours ago · Joy Online →
The Ghana cedi has depreciated by 1.86% in July and faces continued pressure in August, driven by increased foreign exchange demand for energy imports and businesses importing goods ahead of the December festive season. The cedi has depreciated 8.06% year-to-date, though the Bank of Ghana describes the movements as normal market developments and expects relative stability.
8 hours ago · Joy Online →
President Mahama announced that $2 billion in taxpayer funds has been placed in a dedicated Bank of Ghana account to finance the Accra-Kumasi Expressway construction without external borrowing. The Finance Minister assured that the full amount will be available by December 31, 2026, with the 175.6-kilometre cleared right-of-way handed over on September 14.
14 September 2026 · Joy Online →
President Mahama has announced that the 48 Engineer Regiment of the Ghana Armed Forces will serve as a major sub-contractor on the Accra-Kumasi Expressway construction. The Regiment is also directed to clear the right-of-way for the proposed New Accra Orbital, as government expands military engineering units' role in major infrastructure projects.
14 September 2026 · Joy Online →
An opinion piece argues that Ghana has addressed global currency instability by implementing the Domestic Gold Purchase Programme and Gold-for-Oil under Vice President Dr Mahamudu Bawumia, which increased gold reserves from 8 tons to over 31 tons and Gross International Reserves to over $9 billion by end of 2024.
14 September 2026 · Joy Online →
The Speaker of Parliament told the Ewe diaspora at CEANA's 33rd anniversary in Washington, D.C. to move beyond cultural celebration and remittances to use its global network as a catalyst for investment and economic transformation, positioning itself as a bridge connecting local stakeholders with international investors and partners in sectors including agriculture, tourism, and infrastructure.
14 September 2026 · Joy Online →
According to Databank Research, the Monetary Policy Committee may cut the policy rate by 150 basis points to 12.5% in September 2026, consistent with inflation correction towards the Bank of Ghana's medium-term target of 8% ± 2%. Inflation reaccelerated to 5.3% in June 2026 from 3.8% in January 2026, though financial conditions have supported credit growth and banking sector capital buffers remain solid.
14 September 2026 · Joy Online →
The government exceeded its GH¢7.9 billion treasury bills target with 2.8% oversubscription, accepting GH¢7.2 billion of GH¢8.1 billion in bids, while yields fell across the 91-day, 182-day, and 364-day bills.
14 September 2026 · Joy Online →
The Bank of Ghana's macroprudential assessment as of June 2026 found that systemic vulnerabilities within the banking industry remain broadly subdued, with the sector continuing to exhibit strong capitalisation, liquidity, profitability, and asset quality, though downside risks from geopolitical tensions warrant vigilance.
12 September 2026 · Joy Online →
Ghana's property market is rising, but at a modest and uneven pace, against a macro backdrop that turned more cautious in mid-2026. Growth is driven by recovery in the first half of the year, with construction cost inflation falling to 3.9 percent year-on-year in January 2026 and lending rates dropping to 16.3 percent by April 2026.
11 September 2026 · Joy Online →
The Bank of Ghana released guidelines for non-interest banking in January 2026 and inaugurated the Non-Interest Financial Advisory Council in August 2026, promising to issue the first non-interest banking license by year-end. The central bank has consulted Christian organizations to clarify that non-interest banking is not designed to promote one religion over another.
11 September 2026 · Joy Online →
The Bank of Ghana has announced that customers who repeatedly issue dud cheques will be barred from accessing new credit from banks and financial institutions for one year. Repeat offenders classified after three dud cheques within one year face escalating penalties (10%, 15%, 20% of cheque face value) and a three-year cheque-issuing prohibition, aimed at restoring confidence in cheques as a payment method.
11 September 2026 · Daily Guide →
A stakeholder workshop has been held to begin developing the inaugural Ghana Beauty & Wellness Report, a comprehensive assessment of the sector's economic contribution, employment, skills development, manufacturing, regulation, and growth prospects. The workshop, organised by Makeup Ghana in collaboration with the University of Ghana, brought together government institutions, regulatory bodies, academia, financial institutions, and industry representatives.
10 September 2026 · Daily Guide →
The Second Deputy Governor of the Bank of Ghana has warned that the country must strengthen its fight against financial crime to avoid being placed back on the Financial Action Task Force grey list, citing the significant financial costs of such a listing. She noted that Ghana's latest mutual evaluation carries critical implications and highlighted recent collaborative efforts that have resulted in the arrest of 430 people in an intelligence-led operation against illegal online operators.
10 September 2026 · Joy Online →
The Bank of Ghana reports that fraud incidents in the digital space increased by 98% between 2022 and 2025, driven by the rapid growth in digital transactions. Overall fraud incidents across the financial ecosystem rose from 16,733 in 2024 to 24,778 in 2025, a 48% increase, with the central bank saying this shift requires a change in strategy to combat financial crime.
10 September 2026 · Joy Online →
Henry Manly-Spain has rejected a GH¢79.7 million import duty refund awarded to his company by the Accra High Court, stating his actual claim was around GH¢8.95 million and expected to rise only slightly above GH¢10 million with interest. He cited conscience and concern for the nation's ability to provide basic needs as reasons for the rejection.
10 September 2026 · Joy Online →
Ghana's banking sector non-performing loans fell to GH¢19.9 billion in June 2026 from GH¢20.7 billion a year earlier, with the industry's NPL ratio improving to 16.1% from 23.1%. Private sector borrowers accounted for 98% of NPLs, while the agriculture, forestry and fishing sector saw its NPL ratio rise to 65.1%.
10 September 2026 · Joy Online →
The Bank of Ghana has tightened sanctions against customers who issue dud cheques, with repeat offenders facing penalties of up to 20 per cent of the face value of the cheque and a ban on issuing cheques for at least three years, plus a one-year restriction on accessing new credit facilities.
10 September 2026 · The Chronicle →
Databank Research projects Ghana's real GDP growth will exceed 6.5% by end-2026, up from 6.0% in 2025, driven by structural reforms, monetary easing, and recovery in industrial sub-sectors. The firm credits early momentum from Q1 2026's 6.4% year-on-year expansion and forecasts Services sector growth of 8.1%, Agriculture 6.8%, and Industrial 4.9%.
10 September 2026 · Joy Online →
Governance plays a direct role in whether small and medium enterprises survive, use resources efficiently, attract finance, and respond to market changes. In Ghana, where small enterprises dominate the business sector and many operate informally, effective governance—understood as clear responsibility, financial controls, reliable information, and decision-making rules—is particularly important, though may differ from large corporate structures.
9 September 2026 · Joy Online →
Ghana's parliamentary Minority has renewed calls for an inquiry into the Ghana Gold Board, citing a World Bank economic update that described GoldBod operations as a "significant and insufficiently monitored risk" to the economy and raised concerns about how gold reserves acquired through the Domestic Gold Purchase Programme are tracked.
9 September 2026 · Joy Online →
The Bank of Ghana has reiterated that inflation will move toward the 8 ± 2% target band in the medium term, unless significant shocks occur, though risks include utility tariff increases, Middle East tensions, and weather impacts on food supplies. The central bank expects appropriate monetary policy, sterilisation efforts, fiscal consolidation, and reserve buffers to mitigate these risks.
9 September 2026 · Joy Online →
The Bank of Ghana has identified 20 mobile loan applications operating without required licences or authorisation, citing violations of customer data privacy, consumer protection, and regulatory standards. The central bank advised the public against engaging with these unlicensed providers and cautioned banks and payment service providers against facilitating transactions for them.
9 September 2026 · Joy Online →
President John Mahama has inaugurated a five-member Independent Fiscal Council with a four-year mandate to provide independent oversight of the country's fiscal policy and scrutinise the Government's fiscal decisions. The Council is chaired by Dr Emmanuel Oteng Kumah and includes former Bank of Ghana Governor Dr Henry Kofi Wampah, among others, and will assess compliance with fiscal rules and provide recommendations in the national interest.
8 September 2026 · Joy Online →
Competition and "beef" between Ghanaian artistes have long been part of the music industry, sharpening creativity and providing media attention, though tensions can escalate when artistic rivalry becomes personal conflict involving lawyers and divided fan bases. The ongoing rivalry between Shatta Wale and Stonebwoy exemplifies how such contests reflect both the brilliance and absurdity of Ghana's entertainment ecosystem.
8 September 2026 · Joy Online →
Makeup Ghana and the University of Ghana's College of Humanities have begun developing the first Ghana Beauty & Wellness Report, a comprehensive assessment of the nation's beauty and wellness sector. The report aims to fill a gap in reliable industry data by providing analysis of the sector's economic contribution, business landscape, workforce, consumer trends, and investment opportunities.
8 September 2026 · Joy Online →