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  Re-denomination Posters
  Know your Ghana Cedi Video Presentation 
     Security Feature Poster1 Poster 2
 
 
 Ghana Cedi Quick Survey
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Dossier on the Re-denomination
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e-denomination of the Cedi

Dr. Paul Acquah Governor of Bank of GhanaThe Re-denomination of the Cedi
The current note regime places significant deadweight burden on the economy. This comes in several forms such as the high transaction costs at the cashiers, general inconvenience and high risks involved in carrying loads of currency for transaction purposes, increasing difficulties in maintaining bookkeeping and statistical records .......  click for full text...

Technical Guidelines on the Re-denomination of the Cedi
In accordance with Section 41 (4) of the Bank of Ghana Act 2002, (Act 612), the Bank of Ghana hereby announces for the information of Banks, rural banks, savings and loans companies, other financial institutions and the general public the following guidelines on the implications of the re-denomination of the cedi......... read more...        
Click here to download full text in Doc or Pdf
 
  News Highlights
 
02/07/2008
BoG Workers Show Solidarity with Dismissed Colleagues

WORKERS at the Head Office of the Bank of Ghana (BoG) were braced last Monday for a show-down with their management and laid down their tools in solidarity with the chairman and the secretary of the BoG Senior Staff Association (BoGSSA), who were dismissed in the latest twist to the rumpus over the unionization of workers of the bank.

...more
 
30/06/2008
Bank Staff Arrested for Circulating Fake Currency
A 38-year-old assistant accountant of the Akyem Akokoaso agency of the Akyemmansa Rural Bank, Emmanuel Koomson, has been arrested by the Oda police for allegedly circulating fake currency notes through the bank.
...more
 
30/06/2008
BoG Dismisses Two Trade Union Leaders
bank of ghana logoThe Chairman and Secretary of the Bank of Ghana Senior Staff Association have been dismissed in the latest twist to the rumpus over the unionisation of workers of the bank.
...more
 
24/06/2008
Unique Trust to list 90m shares
The lead transaction manager is Databank Group. The legal advisors are Bentsi-Enchill Letsa and Ankoma, while NTHC is playing the role of registrar. Market watchers expect UT shares to be oversubscribed in view of the performance of the company.
...more
 
24/06/2008
Bank of Ghana Remains Focused on Economy
The country's Central Bank says the persistent upward trend in inflation cannot affect its goal of tightening monetary policy. The latest consumer price index pushed year-on-year inflation from 15.29 percent in April to 16.88 percent in May.
...more
 
24/06/2008
Dollar Stronger than the Ghana Cedi now
The Ghana Cedi on Monday lost to three major currencies; the pound, dollar and the euro pushing up, the Gold Coast Securities (GCS)-Cedi Index by 0.14 points. It, however, appreciated slightly against the CFA.
...more
 
24/06/2008
ABL to Inject $20million more Next Year
Accra Brewery Limited, a subsidiary of the SABMiller, one of the world's largest brewer is to inject an additional 20 million dollars into the Ghanaian economy next year. Mr Mark Bowman,
...more
 
23/06/2008
Incidence of Fraud, Bane of Rural Banks- Apex Bank
Mr Eric Osei-Bonsu, Managing Director of the ARB Apex Bank has cautioned the management of community and rural banks to be alert and strengthen their internal control mechanisms, by strictly enforcing security checks to minimise risks and incidence of fraud.
...more
 
 
 
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