Tag Archives: BOG

The Bank of Ghana (BoG) has called on the state to amend the Criminal Code so the central bank can go after money-doublers because there is no law to take care of that now. Naa Welbeck Anuonyam, an official at the Financial Stability Department of the BoG, said the central …

Ghana is taking the fight against money laundering seriously due to the effect of such practice on the economy and the country’s international image, Naa Welbeck Anuonyam, an Official at the Financial Stability Department of the Bank of Ghana, has said. Ms Anuontam told members of the Institute of Financial …

Most money launderers around the world use West Africa (WA) as their entry point into Europe, Naa Welbeck Anuonyam, an Official at the Financial Stability Department of the Bank of Ghana, has said To that end, she said Ghana is taking the fight against money laundering seriously due to the …

The Bank of Ghana, BOG has asked market players not to panic because they have adequate dollars to stabilize the cedi. The BOG gave the assurance in a circular issued to all commercial banks in the country. According to Joy FM’s report, the circular could be seen as the fresh …

Ghana’s debt stock as at the end of September 2019 stood at ¢208.6b. This was contained in the November Bank of Ghana’s summary of financial and economic data released after the Monetary Policy Committee met this week to review the “health” of the economy. Breakdown The GH¢208.6 billion total debt …

The Bank of Ghana over the coming weeks will issue onto the forex market a total of US$ 25 million, following a successful FX forward auction held on November 12, 2019. A notice from the BoG indicates that bids amounting to US$ 71.5 million were received from businesses through their …

The Bank of Ghana (BoG) on Tuesday ordered the closure of Aero Cash forex bureau operated by two Nigerians in Dzorwulu, Accra. This is due to failure by the operators to provide relevant documents to the Bank of Ghana to ascertain the legality of their operations. A team from the …

The timely intervention of security personnel saved the Bank of Ghana (BoG) from losing GH¢60.5 million in a fatal accident involving one of its bullion vans and a tanker truck at the outskirts of Techiman in the Bono East Region, which also claimed one life. The van, with registration number …

A video shared on facebook which myafricatoday.com seen indicates that a bullion van carrying bundles of money to the Bank of Ghana in Accra was involved in an accident. In the video, one can see bungles of money collected in a tray lying on the floor while some personnels of …

The Bank of Ghana has dismissed a staff Gilbert Addy for what it says is gross misconduct in relation to corrupt transactions and for accepting bribes in connection with the award of a contract to Sibton Switch Systems Limited in 2016. The Bank in a statement revealed that secret and …