BoG adds 7.70 tonnes of gold to reserves

The Ghana Cocoa Board (COCOBOD) has settled GH¢162 million in outstanding obligations owed to individual holders of Cocoa Bills who did not participate in the government’s Domestic Debt Exchange Programme (DDEP).

The Bank of Ghana (BoG) is expanding its regulatory and supervisory approach beyond the health of individual financial institutions to oversee the broader digital financial ecosystem.

West African governments are exploring carbon taxation as a potential new source of revenue and a tool to support climate action, with regional tax authorities beginning work on a framework that could influence how businesses across the bloc account for carbon emissions.

The Controller and Accountant-General's Department (CAGD) has moved to clarify the accounting treatment of funds earmarked for the Accra-Kumasi Expressway, dismissing social media claims that the government has spent almost GH¢11billion on the project despite construction not having started.