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Expect more good news in mid-year budget – President Mahama

President John Dramani Mahama has promised Ghanaians that the mid-year budget review, which is scheduled to be released in August, will reveal further encouraging improvements. During his thank-you tour in Wa on Thursday, May 15, Mahama spoke at a durbar about the government's attempts...

BoG’s gold reserves hit 31.37tn ending April 2025

The Bank of Ghana’s (BoG) total gold reserves reached 31.37 tonnes ending April 2025. This was contained in a market report issued by the BoG on April 5, 2025. The gold reserves position ending April 2025 indicates more than 200 percent rise compared to...

President Mahama Appoints Matilda Asante-Asiedu as Second Deputy Governor of Bank of Ghana

President John Dramani Mahama has appointed Mrs. Matilda Asante-Asiedu as the Second Deputy Governor of the Bank of Ghana. The appointment, made in accordance with Section 17 of the Bank of Ghana Act, 2002 (Act 612) as amended, marks a significant development in the...

Value of momo transactions drops to Ghc 316bn in February 2025

According to the Bank of Ghana's Summary of Economic and Financial Data for March 2025, mobile money transactions in the nation fell from GHC 333 billion in January to GHC 316 billion in February 2025. In comparison, a larger transaction value of GHC 334.8 billion...

Mobile money transactions hit GH¢649.2bn in only 2 months of 2025

In the first two months of 2025, the total value of mobile money transactions rose to GH¢649.2 billion. This was an increase of 64.68% from the previous year. The expected total value of mobile money transactions in the first two months of 2024 was GH¢394.2 billion. The...

Legally sanctioned search on Ex-BoG Governor is not a raid – Attorney General

Attorney General Dr Dominic Ayine has refuted reports that a raid was undertaken on the property of former Bank of Ghana Governor, Dr Ernest Addison. Speaking to the media on Monday, March 24, Dr. Ayine explained that the operation was a legitimate search rather than...