Also known as: Dr. Johnson Asiama · Governor Asiama · Dr. John Asiamah · Governor Dr. Johnson Asiama · Dr Johnson Asiamah · Dr Johnson Asiama · Bank of Ghana Governor Dr. Johnson Asiama · Governor Dr Johnson Asiama
Johnson Asiama — Bank of Ghana Governor overseeing monetary policy, financial regulation, and currency management amid economic stabilization efforts.
… It is in this regard that the recent pronouncement of the Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, that the BoG was working to ensure that businesses access cheaper funding, was welcome news. …
… Johnson Asiama The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has stated that the introduction of Community Banks across the country will improve access to finance for artisans as well as small and medium-sized enterprises (SMEs). …
… Dr Johnson Asiama, Governor of the Central Bank, announced the initiative at the opening of the 131st MPC meeting on Monday, explaining that the first cohort of students from the University of Ghana would sit in on aspects of the Committee’s proceedings this week. …
… Dr Johnson Asiama, Governor of the Central Bank, announced the initiative at the opening of the 131st MPC meeting on Monday, explaining that the first cohort of students from the University of Ghana would sit in on aspects of the Committee’s proceedings this week. …
… Johnson Asiama, says Ghana’s economy continues to demonstrate resilience despite growing uncertainty in the global economy, supported by stronger economic growth, rising private sector credit and a stable banking sector. …
… Johnson Asiama, has warned that renewed tensions in the Middle East and rising global oil prices could pose fresh inflation risks for Ghana, as the Monetary Policy Committee begins deliberations on the country’s monetary policy stance. …
… Johnson Asiama, says the country’s prolonged period of disinflation has come to an end, with the Monetary Policy Committee (MPC) now assessing whether the recent rise in inflation is temporary or signals a more persistent shift in the inflation outlook. …
… Johnson Asiama, has warned that rising transport and haulage costs, coupled with potential increases in transport fares and utility tariffs, could intensify inflationary pressures as the central bank reviews the country’s monetary policy stance. …
Bank of Ghana Governor Dr. Johnson Asiama assured businesses that recent depreciation of the cedi, which has weakened to around 12 cedis per dollar at forex bureaus amid Christmas import pressures, is a deliberate and controlled policy aimed at keeping the economy moving. He stated that such currency adjustments are within management strategy and that the foreign exchange market remains under control.
Bank of Ghana Governor Dr. Johnson Asiama assured businesses that recent depreciation of the cedi, which has weakened to around 12 cedis per dollar at forex bureaus amid Christmas import pressures, is a deliberate and controlled policy aimed at keeping the economy moving. He stated that such currency adjustments are within management strategy and that the foreign exchange market remains under control.
Bank of Ghana Governor Dr Johnson Asiama has urged regulators and market participants to ensure that efforts to expand access to financial services do not compromise investor protection. He stressed the need for stronger investor education, safeguarding of investor records, and clear communication of financial products and responsibilities.
IC Insights expects the Bank of Ghana's Monetary Policy Committee to maintain the policy rate at 14% in September, preserving policy headroom to handle any unexpected inflation spike despite a real policy rate that could theoretically accommodate a modest cut.
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.
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.
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.
The Bank of Ghana Governor clarified that non-interest banking is an inclusive, non-discriminatory commercial banking model designed to expand financial services access and provide consumer choice, not an attempt to introduce religion into Ghana's banking system. The central bank consulted with religious groups and stakeholders to ensure the framework reflects the country's religious diversity and will provide regulatory oversight for licensed institutions.
The Bank of Ghana will roll out guidelines for virtual assets and cryptocurrency to regulate and license eligible service providers in the sector. Governor Johnson Asiama said the regulations are necessary to protect Ghanaians, as cryptocurrency use continues regardless of past attempts to ignore it.
Former Lands and Natural Resources Minister Samuel Abu Jinapor has defended the Domestic Gold Purchase Programme, crediting former Vice President Dr Mahamudu Bawumia with conceiving the policy during post-COVID economic difficulties. The programme, formally launched on June 17, 2021, involved the Bank of Ghana purchasing gold locally from licensed aggregators and mining companies to strengthen gold reserves and augment foreign exchange reserves.
Former Lands and Natural Resources Minister Samuel Abdulai Jinapor credited Ghana's significant gold export earnings in 2024 to the Domestic Gold Purchase Programme, under which large-scale mining companies were required from November 2023 to sell 20 per cent of their refined gold to the Bank of Ghana before exporting the remainder, while licensed small-scale miners and Community Mining Schemes were required to sell to the government through the Precious Minerals Marketing Company.
Former Lands and Natural Resources Minister Samuel Jinapor says Dr Mahamudu Bawumia conceived Ghana's Domestic Gold Purchase Programme while heading the Economic Management Team during the COVID-19 pandemic and Russia-Ukraine war. The programme, launched June 17, 2021, allowed the Bank of Ghana to purchase gold locally from licensed aggregators and mining companies, and had increased reserves from 8.77 tonnes at launch to less than double that target by December 2024.
Former Lands and Natural Resources Minister Samuel Abdulai Jinapor says Ghana's Accelerated National Reserve Accumulation Policy is essentially a renaming of the Domestic Gold Purchase Programme introduced under the Akufo-Addo/Bawumia administration. He noted the original programme, launched in June 2021, raised Ghana's gold reserves from 8.77 tonnes to 30.53 tonnes by December 2024.
Bank of Ghana Governor Dr Johnson Asiama has assured that non-interest banking will not replace conventional banking but will provide an alternative financial option for those interested, while conventional banking customers retain access to existing services. Dr Asiama said the central bank regulates financial institutions and products, not religion, and dismissed concerns that non-interest banking would give one religion an advantage in Ghana's financial system.
Bank of Ghana Governor Dr Johnson Asiama has told Ghanaians that non-interest banking products will be available to everyone regardless of religious affiliation, and are not exclusively designed for Muslims. He said the Bank of Ghana has engaged various religious groups to ensure the framework is inclusive and respectful of Ghana's religious diversity.
Bank of Ghana Governor Dr. Johnson Asiama says the government is hopeful of a ratings upgrade in the second half of 2026, following recent upgrades from S&P and Fitch Ratings. The Governor attributed the improvements to fiscal consolidation through enhanced domestic revenue mobilization, prudent expenditure management, and restoration of debt sustainability.
The Bank of Ghana Governor called for stronger and more coordinated oversight of Ghana's virtual asset sector to safeguard financial stability, protect consumers, and address emerging risks. The new Virtual Assets Coordinating Committee will facilitate harmonised implementation of the Virtual Assets Service Providers Act, 2025, strengthen information sharing among regulators, and support responses to risks including money laundering, terrorist financing, cybersecurity, and consumer protection.
The Governor of the Bank of Ghana has urged stakeholders to focus on converting investment commitments into tangible economic outcomes including new industries, technologies, and productive infrastructure that create sustainable jobs. He emphasized that Ghana's investment drive should be measured by its impact on productivity, employment, incomes, and living standards rather than announced investment values.
Bank of Ghana Governor Dr Johnson Asiama attributed recent pressure on Ghana's international reserves to Middle East tensions, revealing the country lost US$1.2 billion in reserves over three to four months, with the July data showing reserves falling from US$14.1 billion to US$12.9 billion.
Bank of Ghana Governor Dr. Johnson Asiama announced that all 23 banks operating in Ghana have met their capital requirements, with the sector maintaining healthy capital and liquidity levels and improvements in asset quality reinforcing their balance sheets.
The Bank of Ghana Governor says more commercial banks should list on the Ghana Stock Exchange to access long-term capital, which would enable them to offer longer-term loans to businesses and reduce reliance on short-term financing.
Bank of Ghana Governor Dr Johnson Asiama has ruled out an immediate reduction in the country's 8% inflation target, saying recent price stability improvements may be too early to declare permanent, citing ongoing geopolitical and external risks.
The Governor of the Bank of Ghana has announced that all 23 banks operating in the country are now fully capitalised, with sound capital and liquidity positions and improved asset quality strengthening bank balance sheets as part of Ghana's broader macroeconomic stability.
The Governor of the Bank of Ghana has inaugurated the Non-Interest Financial Advisory Council to support regulation and supervision of non-interest banking institutions and advise the central bank on governance and supervision issues in the sector.
Bank of Ghana Governor Dr Johnson Asiama said the Monetary Policy Committee's decisions are guided by assessment of inflation's direction and risks to the outlook. He noted that recent Middle East developments influenced the committee's decision to maintain the policy rate to prevent end-of-year inflation rise.
The Bank of Ghana Governor Dr Johnson Asiama has cautioned that non-interest banking products must meet required standards of transparency, soundness and consumer protection, and that such products should not be accepted merely because they carry a non-interest label. He stressed that the structure, risks, costs and obligations of these products must be transparent and understandable to customers, and that non-interest finance operates through mechanisms such as trade, leasing, partnerships and asset-backed transactions.
The Bank of Ghana Governor said improving macroeconomic conditions—including exchange rate stability and declining inflation—are creating opportunities for stronger credit growth, though he acknowledged access to finance remains a challenge for small and medium-sized enterprises, particularly in agriculture.
The Bank of Ghana is intensifying efforts to remove unlicensed digital lenders from the financial sector, with plans to publish a weekly list of operators providing digital credit services without central bank approval. The Governor said the measure aims to strengthen oversight, prevent unlicensed operators from providing credit, and protect consumers.
Bank of Ghana Governor Dr Johnson Asiama has stressed that continued fiscal discipline, expenditure restraint, and prudent debt management are essential to preserve Ghana's recent economic gains and strengthen investor confidence. He highlighted that the government's fiscal performance in the first quarter of 2026 showed strong expenditure restraint, and noted that real GDP grew by 6.4% in that period.
The Bank of Ghana has urged commercial banks to develop dedicated savings and investment products for Ghanaians abroad, noting that a recent survey found banks currently lack off-the-shelf products designed for the diaspora, causing remittances to flow through basic money transfer channels instead of structured savings and investments.
Bank of Ghana Governor Dr Johnson Asiama assured businesses and the public that the central bank has adequate reserves to stabilise the cedi, with gross international reserves currently at US$12.9 billion sufficient to cover import needs for about five months. He attributed recent pressure on the cedi to global developments including the Middle East conflict, but said the currency has since recovered and the bank remains committed to maintaining a well-functioning foreign exchange market.