.jpg&w=3840&q=92)
Should BoG's gold purchase programme be judged by Profits or Economic Stability?
A response to the IMF on the Bank of Ghana's Domestic Gold Purchase Programme
Kow Sam
Private sector consultant MIT sustainability The International Monetary Fund's recommendation that the Bank of Ghana reassess its Domestic Gold Purchase Programme because of its impact on the central bank's balance sheet deserves careful consideration.
Published by Juliet Etefe
12 views
Related Coverage: Economy
Oil and Gas
MT Asharami Ghana delivers 5,000MT LPG cargo
MT Asharami Ghana, a 40,000-cubic-metre Liquefied Petroleum Gas (LPG) carrier has delivered 5,000MT of LPG in its maiden voyage to Ghana, boosting efforts to strengthen energy security, LPG supply reliability and position the nation as a strategic hub for regional energy trade.
News
Hubtel, B&FT explore business growth opportunities
Hubtel and Business & Financial Times (B&FT) have explored opportunities for collaboration aimed at supporting business growth, digital adoption and greater engagement with the business community.
News
GRA welcomes US$393m Tullow tax ruling
The Ghana Revenue Authority (GRA) has welcomed an international arbitral tribunal’s decision upholding its US$393.09million tax assessment against Tullow Ghana Limited over the taxation of business interruption insurance proceeds.
News
GoldBod exceeds Sept FX target with US$1.87bn
The Ghana Gold Board (GoldBod) has generated US$1.871 billion in foreign exchange (FX) from its Artisanal and Small-Scale Mining (ASM) gold trade operations in September 2026, exceeding its monthly target of US$1.4 billion by US$471 million.
Oil and Gas
GNPC gas sales generate US$952m in 2025
Gas sales generated US$952million for the Ghana National Petroleum Corporation (GNPC) in 2025, nearly twice the roughly US$500million the national oil company earns in a good year from its share of crude oil sales - an indication of natural gas's rising commercial importance to its business.
Opinions
If some Nigerian political leaders really know who they are, they will be afraid to meet themselves
As Nigeria commemorates another Independence Day on October 1st, the occasion should be more than a celebration of flags, speeches, ceremonies, and congratulatory messages.
News
14th Ghana Garden and Flower Show ends
The Stratcomm Africa powered 14th Ghana Garden and Flower Show (GGFS) with the theme Green means Business, Beauty and More has officially closed in Accra with a call for Ghana to recognise the potential of horticulture/floriculture for business, livelihood enhancement, health, recreation and sustainable economic development in general.
Business
BoG urges businesses to unlock collateral for easier credit access
The Bank of Ghana (BoG) has urged businesses, particularly small and medium-sized enterprises (SMEs), to take advantage of the country’s collateral registration system to improve their credit access and negotiate better lending terms with financial institutions.


Comment guidelines
Please keep comments respectful. Use plain English for our global readership and avoid using phrasing that could be misinterpreted as offensive. By commenting, you agree to abide by our community guidelines and these terms and conditions. We encourage you to report inappropriate comments.
No comments yet. Be the first to share your thoughts.