Ghana
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.
BOG launches Interbank Settlement System
The central bank of Ghana (BOG) launched the Ghana Interbank Settlement (GIS) System on Thursday, reports GhanaWeb, with the governor of the BOG calling it the most efficient inter-bank money market in the West African Sub-Region.
Ghana- Bill against money laundering in the offing
An anti-money laundering bill developed by the Bank of Ghana, according to Ghanaweb, is intended to address the devastating economic, security and social consequences of money laundering.
Economy satisfactory - Ghana central bank chief
The Governor of the Bank of Ghana, Dr. Paul Acquah said that the economy has performed well over the last year but cautioned that the government needs to sustain its macroeconomic policies with emphasis on consolidating efforts on fiscal and monetary…
Ghana will play active part towards monetary union
GHANA - Vice President Aliu Mahama on Thursday said Ghana would fully support all activities toward the adoption of a monetary union for West Africa to facilitate trade and movement for the socio-economic benefit of the 250 million people in the Sub…
Bank of Ghana - Annual Report 2000
ANNUAL REPORT - The Bank of Ghana has published its Annual Report for the year ended 2000.
Expanded monetary union in West Africa
ARTICLE - In an article published in the IMF's quarterly magazine, IMF economists R.D. Asante and Paul Robert Masson talk with Jacqueline Irving of the IMF's external relations department about the pros and cons of expanded monetary union in West Africa.
West African Monetary Institute gets officers
The Committee of Governors of the West African Monetary Institute (WAMI) has appointed four of the five senior officers to work with the Institute's Director-General, M.O. Ojo, a statement from the ECOWAS Secretariat said in Abuja on Feb 12. According to…
West Africa welcomes common monetary institute
The opening of the West African Monetary Institute (WAMI) is an onset of a credibility building process to create an acceptable common currency for member countries, local media reported on Feb. 1, 2001.
Ghana's central bank to close all ailing banks
The Bank of Ghana (BOG) has been taking efforts to close down all non-performing banks as part of its on-going activities to inject sanity and seriousness into the banking sector, according to reports Xinhua News Agency. In line with the new measures,…
Ghana to be HQ of West African Monetary Institute
Ghana has been selected as the location for the headquarters of the West African Monetary Institute that is to work towards the establishment of a West African Central Bank.