Bank of Ghana
Interview: Mahamudu Bawumia
Former Bank of Ghana deputy governor discusses the economic and monetary policy challenges facing Ghana and Africa
Financial sector deepening crucial for Africa: ex-Ghana deputy
Former Bank of Ghana deputy governor Mahamudu Bawumia says bringing financial services to rural populations is key
Rate decisions this week
Majority of central banks stand pat as uncertainties persist over growth, price pressures; Iceland cuts while Turkey, Uruguay tighten policy
Ghana’s Amissah-Arthur on a step to modernise payments
Governor of the Bank of Ghana says Central Securities Depository will become central bank subsidiary in order to modernise payments
Microfinance not a silver bullet for Africa: Nigeria, Ghana governors
Nigerian governor Sanusi Lamido Sanusi and Ghanaian chief Kwesi Bekoe Amissah-Arthur say credit issuance is constrained by factors other than just access; requires deeper change
Governors gloomy on outlook for pan-African currency
South African, Nigerian and Ghanaian central bank governors say path to regional and continent-wide single currency littered with obstacles; single currency will not correct underlying problems
EXCLUSIVE: Ghana’s Amissah-Arthur defends inflation targeting
Bank of Ghana governor Kwesi Bekoe Amissah-Arthur says framework is broader than its critics argue; points to problems in Ghanaian banking sector
Ghana’s Amissah-Arthur explains early 2009 hike
Bank of Ghana governor Kwesi Bekoe Amissah-Arthur says the West African country’s government has made vital progress in cutting spending, allowing key rates to be lowered
Ghana suited to inflation targeting: IMF paper
International Monetary Fund paper says the country does not suffer problems in credibility, which helps in the inflation targeting framework
Bank of Ghana appoints new governor
Economist and former deputy finance minister Kwesi Bekoe Amissah-Arthur takes over from Paul Acquah
Ghana appoints former finance deputy to replace Acquah
Bank of Ghana’s governor Paul Acquah to step down in September
Ghana's Acquah emphasises role of social contract
To ensure the safety and security of the financial system, officials must re-commit to the tenets of the unwritten compact that are essential to maintain the confidence and trust of the public, Paul Acquah, the governor of the Bank of Ghana, has said.
Ghana still going for goal
Lionel Van Lare Dosoo, a deputy governor at the Bank of Ghana, tells Central Bank News why the institution's Olympian efforts to eradicate the country's inflation problem will stay on track despite recent events.
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.