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Tag: Gold Purchase programme

A devastating fire has gutted a cluster of fitting shops at Mempeasem, a suburb of Asawase in Kumasi, destroying more than 100 motorcycles, 10 vehicles, and at least 15 container shops. The blaze, which broke out around...
Former Finance Minister and Ranking Member on Parliament’s Finance Committee, Mohammed Amin Adam, has petitioned the International Monetary Fund (IMF) over concerns arising from the Bank of Ghana’s audited 2025 financial statements, warning of potential risks...

Kenya, Nigeria Copy Bawumia’s Gold Reserves Initiative.

Nigeria and Kenya have become the latest African countries to adopt a gold-purchasing strategy pioneered by Dr. Mahamudu Bawumia, as central banks across the...

Bawumia’s Gold Purchasing Scheme Rescues Ghana’s Economy

The Bank of Ghana (BoG) has announced that it will begin foreign exchange (FX) intermediation under its Domestic Gold Purchase Programme (DGPP) this month,...

BoG Doubles Gold Reserves in Five Months Thanks To Bawumia’s Domestic Gold Purchase Programme

The Bank of Ghana (BoG) has doubled its gold reserves in just five months since June 2021, thanks to its Domestic Gold Purchase Programme,...

BoG’s Gold Purchase Programme Boosts Cedi Stability, Improves Ghana’s Credit Rating – First Deputy Governor

The First Deputy Governor of the Bank of Ghana (BoG), Dr. Zakari Mumuni, has credited the Central Bank’s Gold Purchase Programme with playing a...

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