By Ebenezer Chike Adjei NJOKU The Bank of Ghana (BoG) is using gold as a central tool to rebuild reserves, stabilise the currency and restore investor confidence after losing access to international capital markets during the country’s recent debt crisis. Speaking at the CNVERGE’25 hosted by the Ghana International Bank (GHIB), First Deputy Governor Dr. […] The post BoG leveraging
… warns recapitalisation efforts “meaningless” otherwise By Joshua Worlasi AMLANU The domestic banking sector could strengthen its capital base and cut high non-performing loan (NPL) ratios if government ring-fences and repays billions in legacy debt owed to contractors, service providers and independent power producers (IPPs), according to a new policy paper. The study, by banking […] The post Ring-fence
By Joshua Worlasi AMLANU The Bank of Ghana could anchor a future digital cedi to the country’s gold and cocoa reserves as part of a push to stabilise the currency and reduce reliance on foreign monetary systems, according to Professor Yegandi Imhotep Paul Alagidede – the central bank’s Chair in Finance and Economics at the […] The post Digital cedi could
By Kizito CUDJOE Gold Fields Ghana, a subsidiary of South Africa’s Gold Fields Limited (GFIJ.J), has reaffirmed its long-term commitment to operations in the country with plans to scale up investment in local communities, according to Senior Vice-President and Managing Director Eliot Twum. The company operates the Tarkwa and Damang gold mines, holding a 90 […] The post Gold Fields
Ghanaian businesses now have a practical formula to successfully guide their environmental, social and governance (ESG) reporting, thanks to expert insights shared at a recent webinar jointly organized by the UK-Ghana Chamber of Commerce (UKGCC) and KPMG Ghana. Speaking at the session themed ‘Making ESG Reporting Work for Your Business’, Bernard Owusu-Ansah, Manager in KPMG […] The post Businesses
This August, West Hills Mall is flipping the script on ordinary retail promotions with a campaign that has shoppers literally chasing money. Dubbed ‘Catch the Cash’, the high-energy weekend experience is turning heads, drawing crowds, and transforming the mall into a destination for thrill-seekers and bargain hunters alike. Here’s how it works: shoppers who spend […] The post West
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