The World Gold Council (WGC), led by its Chief Executive Officer, Mr. David Tait, has held a high-level strategic engagement with the Chief Executive Officer of the Ghana Gold Board, Mr. Sammy Gyamfi Esq., and members of the Governing Board of the Gold Board in Accra. The meeting, which took place earlier today, focused on...
The British High Commission in Ghana on Tuesday, 6 January 2026, partnered with the Bank of Ghana to host the inaugural London-to-Accra Economic Growth Summit. The landmark event explored new pathways for sustainable economic development, bringing together Governor Dr. Johnson Asiama, First Deputy Governor Dr. Zakari Mumuni, Second Deputy Governor Mrs. Matilda Asante-Asiedu, British High...
Governor of the Bank of Ghana, Dr. Johnson P. Asiama, on Tuesday, 6 January 2026, outlined the Bank’s strategic achievements during the 77th Annual New Year School and Conference hosted by the University of Ghana. Reflecting on the past year, Dr. Asiama noted that the Bank’s primary role in 2025 was to restore monetary and...
Ghana has leaned increasingly on domestic borrowing over the past decade to finance its budget and ease debt pressures, reflecting a wider trend among low-income countries, according to the International Debt Report 2025. The report shows that public domestic debt has climbed steadily in nations under the Low Income Country Debt Sustainability Framework, as governments...
The Government of Ghana has successfully settled a Eurobond obligation of US$709 million on December 30, 2025, ahead of schedule, in what officials describe as a major step in the country’s economic recovery and debt management programme. The Ministry of Finance confirmed that the payment forms part of the restructuring memorandum agreed with bondholders, bringing...
The Food and Beverages Association of Ghana (FABAG) has warned that persistent delays in clearing bulk and bagged goods at the Tema Port could compel importers to reroute cargo to Lomé, heightening risks of smuggling and revenue losses. In a statement dated December 29, the Association said the disruption is already straining supply chains and...
The Ministry of Energy and Green Transition has moved to clarify its position on the involvement of the private sector in the operations of the Electricity Company of Ghana (ECG), following protests by the Public Utilities Workers’ Union (PUWU). In a statement issued Tuesday, the Ministry confirmed that Cabinet, under President John Dramani Mahama, approved...
Member of Parliament for Manso Nkwanta, Tweneboa Kodua Fokuo, has described the response by the Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, to the reported $214 million loss under the Gold-for-Reserves programme as “unfortunate.” The statement follows Mr. Gyamfi’s preliminary response to claims made by the Minority in Parliament regarding the Bank...
Chief Executive Officer of GoldBod, Sammy Gyamfi, has dismissed accusations from the Minority Caucus regarding losses under the Bank of Ghana’s Gold for Reserves (G4R) program, insisting that the initiative is a forex-generation policy rather than a profit-making venture. In a Facebook post, Gyamfi rejected suggestions that he was “equalizing” past losses under the New...
Chief Executive Officer of GoldBod, Sammy Gyamfi, has announced that he will formally respond on January 5, 2026 to issues surrounding the International Monetary Fund’s (IMF) reported loss of $214 million under the Bank of Ghana’s Gold for Reserves (G4R) program. In a Facebook post, Gyamfi criticized the Minority Caucus for what he described as...