Tag: gold reserves
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MP Alleges Insider Trading in Sale of Ghana’s 18-Tonne Gold Reserve
A senior opposition lawmaker has levelled allegations of insider trading against government officials over the Bank of Ghana's (BoG) sale of 18 tonnes of...
GANRAP Will Fail Without Governance Safeguards, Finance Professor Warns
A United States-based finance professor has offered a conditional endorsement of Ghana's new gold-backed reserve strategy while warning that the policy on its own...
Uganda Central Bank Launches Gold Buying Drive Starting This Month
Uganda's central bank has confirmed it will begin purchasing domestically produced gold this month, becoming the latest African nation to move toward building up...
Gold Flows and IMF Backing Anchor Cedi’s Moderate 2026 Outlook
Databank Research expects the Ghana cedi to hold relatively steady through 2026, projecting a year-end depreciation of 7.20 percent against the US dollar and...
Ghana’s Gold Reserve Bet Aligns With a Global Central Bank Rush
Ghana's decision to anchor its reserve accumulation strategy around gold arrives at a moment when the world's central banks are collectively executing the most...
