Bank of Ghana
Ghanaian deputy quits for political role
Mahamudu Bawumia, a deputy governor at the Bank of Ghana, will leave to pursue a political career.
Bank of Ghana staff strike
Staff at the Bank of Ghana went on strike Thursday in protest over the dismissal of two colleagues.
Ghana raises rates by 175bp
The Bank of Ghana has hiked its benchmark interest rate to 16% on the back of soaring inflation.
Ghana's currency to lose four zeros in 2007
Ghana's cedi will lose four zeroes next July 2007, a central bank official said on Monday.
Bank of Ghana governor on fraud
Paul Acquah, governor of the Bank of Ghana urged investigators to review operations in the light of the increasingly sophisticated methods involved in financial crime.
WAMZ holds conference over common central bank
A 2-day conference in Accra will discuss the creation of a common central bank in the West African region by July 2005, The Chronicle reported. J.B. Clottey of the Bank of Ghana said he believes that through the implementation of a central bank, member…
Bank of Ghana to replace 500 staff with equipment
The Bank of Ghana's plan to shed 1,000 staff which we reported last week includes the installation of a one million dollar Sorting Machine that would replace over 500 counter staff as part of the central banks' transformation exercise, according to Ghana…
Bank of Ghana to commence downsizing soon
The Bank of Ghana is aiming for "a lean, more focused and responsive central bank" and said that the planned disengagement of staff would be done in "a humane manner", Ghana Web reports. "The Bank is offering a generous and attractive early retirement…
Bank Of Ghana to sack 1000 workers
A redundancy programme at the Bank of Ghana will affect 1000 of the central bank's 2600 staff. The Governor of the Bank summoned the workers to a meeting at the Bank's auditorium last Wednesday to inform them about the development, Ghana Web reported.