Tag: gold for oil
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Simons Alleges US$1.6bn Bypassed Forex Auctions in G4O Programme
Ghana's now-suspended Gold-for-Oil (G4O) programme faces renewed scrutiny as policy analyst Bright Simons alleges the Bank of Ghana (BoG) supplied approximately $1.6 billion to...
Gold-for-Oil Only Inflated BOST Market Share by 500%, Simons Says
Ghana's Gold-for-Oil (G4O) programme, sold to citizens as a revolutionary solution to stabilize the cedi and lower fuel prices, accomplished neither objective and served...
Ghana’s Gold-for-Oil Program Faces Political Dilemma as Economic Pressure Mounts
Ghana's current government faces mounting pressure to revive the Gold-for-Oil policy it previously criticized, as monthly petroleum import costs exceed $400 million and strain...
Ghana Think Tank Demands Clarity on Gold-for-Oil Confusion
A leading economic institute has called for urgent parliamentary scrutiny after Ghana’s finance minister and central bank governor offered starkly contradictory accounts of the...
Ghana’s Central Bank Pushes Commodities as Economic Lifeline
First Deputy Governor of the Bank of Ghana, Dr. Zakari Mumuni, has declared commodities essential for Ghana’s economic future.
Speaking at Africa’s CNVERGE 2025 summit...
