Tag: gold reserves
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Majority Defends Bank of Ghana Gold Gains Against Minority Insolvency Claim
The Majority in Parliament has rejected the opposition's characterisation of the Bank of Ghana's (BoG) GH¢9.6 billion gold gain as a one-off accounting trick,...
Bank of Ghana Officials Defend Gold Programme Loss as Price of Cedi Stability
Senior Bank of Ghana (BoG) officials have defended the central bank's GH¢9.1 billion loss from its Domestic Gold Purchase Programme (DGPP) in 2025, arguing...
MPC Member Backs Gold Programme, Warns Against Asset Concentration
A member of the Bank of Ghana's Monetary Policy Committee (MPC) has endorsed the continuation of Ghana's gold reserve accumulation drive while cautioning against...
Uganda’s Central Bank Completes First Gold Purchase Under New Programme
The Bank of Uganda (BoU) has executed its first gold transaction under a newly launched domestic purchasing programme, formally shifting from announcement to action...
NDC Rejects “Artificial Cedi” Claim as Analyst Warns Gains Could Reverse
A policy analyst and a ruling party communicator clashed on air on Saturday over whether the cedi's sharp recovery reflects sound economic management or...
