KPMG — professional services firm contracted on digital assets regulation collaboration and coastal transport feasibility study in Ghana.
Verbatim sentences from the source article.
Joy Online
… He also referred to observations by audit firm KPMG, arguing that the Bank’s recent accounts appear to have been prepared using internal accounting standards instead of fully applying International Financial Reporting Standards. …
Oppong Nkrumah criticises Sammy Gyamfi’s comments on BoG lossesBusiness & Financial Times
… The BoG’s auditors, KPMG, have issued an unqualified audit opinion and the Directors have confirmed policy solvency. …
Borrowed calm: The structural risks behind the macroeconomic recoveryThe Chronicle
… The external auditor, KPMG, noted that the statements were prepared using the Bank’s own accounting policies rather than full International Financial Reporting Standards (IFRS). …
Bad Policy Decisions Partly Contributed To GH¢44bn BoG Loss -MinorityJoy Online
… The auditors, KPMG, in their commentary on the Bank’s 2025 financial statements, recommended that the BoG clearly explained the basis for preparing its accounts, particularly as the law governing the Bank permitted the use of accounting practices that differ from international st …
Auditors advise BoG to fast-track reforms, improve clarity in reportingJoy Online
… It explained that the auditors, KPMG, issued an unmodified opinion on the accounts and that the reference to an “Emphasis of Matter” did not indicate any wrongdoing or qualification. …
BoG rejects Minority claims on 2025 accounts, cites misinterpretation of audited statementsBusiness & Financial Times
… The report, which synthesises forecasts from the International Monetary Fund (IMF), World Bank, Ghana Statistical Service (GSS), Deloitte, PwC and KPMG, arrives as the country navigates the final phase of its three-year IMF Extended Credit Facility programme… now extended to mid- …
Economy set for consolidation phase – CCIF reportJoy Online
… The Bank obtained a one-month extension, partly on the grounds that it had changed auditors – from Deloitte to KPMG – who needed time to come to terms with the books. …
Bank of Ghana Balances on a Knife EdgeJoy Online
… The Bank obtained a one-month extension, partly on the grounds that it had changed auditors – from Deloitte to KPMG – who needed time to come to terms with the books. …
Bank of Ghana Balances on a Knife EdgeJoy Online
… Auditor’s position on negative equity KPMG, the auditors, maintained that the Bank remains operational despite the losses. …
BoG posts GH¢15.6bn operational loss as cost of monetary interventions surgesThree customers—a businesswoman, farmer, and engineer—each won a Toyota Land Cruiser Prado in MTN Ghana's MTN@30 reward promotion, which automatically awards points through calls, data usage, and Mobile Money transactions. The three-month promotion will reward up to 30,000 customers with prizes including nine vehicles and cash awards up to GH¢30,000.
2 October 2026 · The Ghanaian Times →
Three customers—a businesswoman, farmer, and engineer—each won a Toyota Land Cruiser Prado in MTN Ghana's MTN@30 reward promotion, which automatically awards points through calls, data usage, and Mobile Money transactions. The three-month promotion will reward up to 30,000 customers with prizes including nine vehicles and cash awards up to GH¢30,000.
2 October 2026 · The Ghanaian Times →
Yellow Card, a stablecoin-enabled payments provider, has appointed Ross Everett, formerly Group Financial Controller at Monzo Bank, as Group Chief Financial Officer to oversee its global finance function and support international expansion.
25 September 2026 · Joy Online →
UK inflation accelerated to 3.1% in the year to August, up from 2.9%, driven by rises in petrol, diesel, and airfares. Motor fuel prices rose 23% compared to August last year as Middle East conflict disrupted global oil supplies and petrol hit its highest price in nearly four years.
16 September 2026 · Joy Online →
Former KPMG CEO Joseph Winful says some contracts awarded for COVID-19 fumigation exercises may have amounted to an abuse of office, arguing that the Auditor-General's financial audit should be supplemented by forensic investigation into the rationale behind fumigation spending decisions.
15 September 2026 · Joy Online →
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.
15 September 2026 · Joy Online →
The Ministry of Lands and Natural Resources has formed a Negotiations Team to lead talks with a strategic investor to modernise and expand the Volta Aluminium Company Limited (VALCO), the Tema-based aluminium smelter. The team will assess prospective investors based on technical capacity, financial strength, smelter operations experience, and commitment to long-term investment, as VALCO faces operational difficulties with active cells declining from 127 in 2025 to about 90 as of August 2026.
25 August 2026 · The Ghanaian Times →
PETROSOL Platinum Energy PLC, an ISO-certified indigenous oil marketing company, has received 178% subscription for its maiden GH₵100 million corporate bond, with combined bids of GH₵178.074 million. The 4-year tranche attracted 229% subscription and the 5-year tranche drew 128% subscription, and the company plans to raise the remaining GH₵100 million from its approved GH₵200 million Note Issuance Programme.
24 August 2026 · Joy Online →
The government has established an eight-member negotiations team to secure a strategic partnership with a prospective investor to modernise and expand the Tema-based Volta Aluminium Company Limited (VALCO). The team will examine prospective partners' technical capabilities, financial strength and investment plans to restore VALCO's productive capacity and position it as a competitive player in Ghana's aluminium industry.
22 August 2026 · Joy Online →
The Ministry of Transport has contracted Vision Consult and KPMG to conduct a six-month feasibility assessment of a proposed coastal water transport service between Keta in the Volta Region and Axim in the Western Region, examining technical and operational requirements and the commercial viability of the project.
14 August 2026 · Joy Online →
The Ghana Institute of Procurement and Supply will host the second National Procurement and Supply Chain Conference (NPSC 2026) on September 2–3, 2026, at UPSA Auditorium in Accra, bringing together procurement professionals, policymakers, and business leaders to discuss smart and inclusive procurement systems for national development.
10 August 2026 · Joy Online →
Maxima Media Group has launched the inaugural Foodies Choice Awards, a Pan-African recognition platform for consumers to celebrate excellence across the continent's food value chain, opening nominations across Ghana, Nigeria, Kenya, Tanzania, and Rwanda to recognise governments, farmers, agribusinesses, chefs, food brands, hospitality operators, media personalities, and innovators.
27 July 2026 · Joy Online →
A United States Immigration Judge in Virginia granted former Ghana Finance Minister Ken Ofori-Atta's application for adjustment of status, finding insufficient evidentiary foundation in the Department of Homeland Security's opposition, which cited criminal charges filed in Ghana concerning the Strategic Mobilisation Limited contract. The ruling highlights differing standards between US immigration adjudication and Ghanaian criminal prosecution.
22 July 2026 · Joy Online →
A United States immigration judge ruled on June 15, 2026, that Ghana's Office of the Special Prosecutor failed to provide persuasive evidence that former Finance Minister Ken Ofori-Atta committed criminal wrongdoing, citing lack of convincing proof in the OSP's affidavit and finding the former minister's testimony credible.
21 July 2026 · Joy Online →
Access Bank (Ghana) Plc reported a record balance sheet of GH¢19.02 billion for 2025, up 14.9% year-on-year, supported by deposit growth of 11.5% to GH¢14.54 billion and loan book expansion of 36.7% to GH¢5.06 billion. The bank is now prioritizing disciplined earnings growth, operating efficiency, and risk-adjusted returns through a three-pillar strategy of Grow, Transform, and Protect.
24 June 2026 · Business & Financial Times →
Access Bank (Ghana) reported a record balance sheet of GH¢19.02 billion for 2025, a 14.9% year-on-year increase driven by deposit growth, expanded lending, and retained earnings. The bank is now shifting focus from balance sheet expansion to disciplined earnings growth, operational efficiency, and risk-adjusted returns.
23 June 2026 · Joy Online →
President Bola Ahmed Tinubu swore in Joseph Tegbe as Minister of Power and Sola Enikanolaiye as Minister of State for Foreign Affairs on Monday, following the resignations of their predecessors Adebayo Adelabu and Yusuf Tuggar. Tegbe holds degrees in civil engineering and business administration, and has over 35 years of experience in fiscal and economic reform.
10 June 2026 · The Chronicle →
Stanbic Bank Ghana held a two-day SME Clinic in Tamale themed "From Survival to Scale: Building SMEs that Endure," calling on small and medium enterprises to move beyond survival-driven operations and adopt structured business practices for long-term sustainability. The bank's Head of Business and Commercial Banking noted that while SMEs account for over 90 percent of businesses in Ghana and contribute about 70 percent of GDP and nearly 85 percent of employment, many remain constrained by weak internal systems and limited access to knowledge.
3 June 2026 · Business & Financial Times →
The UK's economy grew 0.3% in March, exceeding analyst expectations of contraction, as consumers and businesses brought forward spending due to fears of future price rises from the Iran conflict. First-quarter growth reached 0.6%, the fastest quarterly pace in a year and the highest among G7 countries reporting data.
14 May 2026 · Joy Online →
The Bank of Ghana's 2025 audited financial statements show it spent GH¢16.73 billion in a single year paying interest to commercial banks on liquidity-absorption instruments—nearly double the 2024 amount and the central bank's single biggest structural cost burden.
13 May 2026 · Business & Financial Times →
The opposition NPP and governing NDC are locked in dispute over the 2025 Bank of Ghana audited financial statements, with disagreement over whether losses should be counted as GH¢15.6 billion (the operating loss, as the government maintains) or GH¢34.9 billion (combining the operating loss with GH¢19.32 billion in Other Comprehensive Income, as the Minority argues).
11 May 2026 · The Chronicle →
Ofoase Ayirebi MP Kojo Oppong Nkrumah has criticised Sammy Gyamfi's comments on Bank of Ghana financial losses, arguing that the central bank's net equity declined by GH¢34.9 billion, not the GH¢15 billion figure Gyamfi highlighted. Oppong Nkrumah contends that separating the Bank's operating loss from its total comprehensive loss does not alter the overall impact on the country's finances.
11 May 2026 · Joy Online →
Ghana's recent economic stabilization—marked by single-digit inflation, cedi appreciation, and rebuilt reserves—represents "borrowed calm" financed by instruments and commitments whose sustainability is questionable, according to an analysis that questions whether the recovery is durable despite acknowledging genuine improvements since the 2022–2023 crisis.
8 May 2026 · Business & Financial Times →
The Minority Caucus in Parliament released an analysis of the Bank of Ghana's 2025 audited financial statements, arguing that bad policy decisions significantly worsened the central bank's financial position, partly contributing to an estimated underlying loss of about GH¢44 billion. Although the BoG officially reported a headline loss of GH¢15.6 billion, the Minority argues this figure understates the true economic cost when additional losses in Other Comprehensive Income and one-off gains from gold sales are adjusted for.
4 May 2026 · The Chronicle →
KPMG auditors have recommended that the Bank of Ghana fast-track financial sector reforms and enhance clarity in its financial reporting to strengthen transparency and public confidence. They also called for greater caution in managing credit risks and urged the Bank and Government to adhere to agreed recapitalization roadmaps while maintaining transparency about the BoG's negative equity position.
4 May 2026 · Joy Online →
The Bank of Ghana has rejected claims by the NPP Minority Caucus about its 2025 audited accounts, describing them as misleading and a misinterpretation of reserve management. The BoG stated that the GH¢9.6 billion gain from gold sales was legitimate and standard practice for central banks, and that removing this gain to construct a deficit was artificial and inconsistent with accounting frameworks.
4 May 2026 · Joy Online →
A new report by the Chamber of Commerce and Industry France and Ipsos forecasts Ghana's real GDP growth between 4.6 and 5.9 percent by year-end 2026, as the economy shifts from crisis management toward stabilization and recovery. The forecast depends on fiscal discipline and completion of debt-restructuring efforts, with inflation expected to stabilize within a 6 to 10 percent target band.
4 May 2026 · Business & Financial Times →
The Bank of Ghana published audited 2025 financial statements on 1 May 2026, showing a net loss of $1.25 billion and total comprehensive losses of $2.80 billion; cumulative negative equity reached approximately $9 billion, widening from $3.99 billion the previous year.
3 May 2026 · Joy Online →
The Bank of Ghana published its audited 2025 financial statements on 1 May, revealing a net loss of $1.25 billion and total comprehensive losses of $2.80 billion, with cumulative negative equity reaching approximately $9 billion, widening from $3.99 billion a year earlier.
3 May 2026 · Joy Online →
The Bank of Ghana's operating loss for 2025 reached GH¢15.6 billion, up from GH¢9.4 billion in 2024, driven by surging costs of monetary policy operations including Open Market Operations that rose 95% to GH¢16.7 billion, sterilisation liabilities that jumped 186%, and a GH¢23.6 billion revaluation loss triggered by cedi appreciation. Negative equity worsened to GH¢93.82 billion from GH¢58.62 billion, while the Domestic Debt Exchange Programme reduced returns on government securities by an estimated GH¢12 billion.
1 May 2026 · Joy Online →