BoG to end financing of GoldBod under new gold policy – Dr Kwakye

This article is closed for comments.

Read Comments Comments (19)

  • Emma 1 month ago

    Ha ha ha ha ha. When the wind blows, all of us will see the fowl nyash. Continue to lie

  • THIS OLD MAN HAS NOTHING LEFT IN HIS HEAD. WE SHOULD BRING IN MODERN FINANCIAL ECONOMIST BEFORE SUCH OLD IDEAS PLUNGE OUR COUNTRY INTO NPP ERA SITUATION 1 month ago

    There are several young financial economists who can provide better economic solution rather than these old spent force.

    JM, remove these people from your team. They are liabilities. Bring on board young financial economis ...
    read full comment

  • prophet mohammed was a sick dog 1 month ago

    Say no to islam and convert to a real religion.
    Allah is satanic scum and qur'an is toilet paper. Search online for ways to move away from evil islam.........You can join ex-muslim groups online and be safe......You are ...
    read full comment

  • SS 1 month ago

    Continue the Good works Mahama and Team.
    Let the minority who came and pillaged the economy only to run out the country cry and wish you doom whilst you go higher and higher.

  • Kwame King 1 month ago

    I think that should be the way. Goldbod must be funded directly but their purchase price be less than the world market price in order not to create loss. However, bank of Ghana must buy from them to cushion the exchange rate. ...
    read full comment

  • Abugre 1 month ago

    After refuting the $214m loss and referring to IMF of telling lies, the fowls have come home to roost.
    They have started explaining the reduction in gold reserve. We are waiting.

  • SS 1 month ago

    Jandam will fail.

    GoldBoard is a game changer and the losers know that to their jealousy.

    Continue the Good works Prez Mahama and co.

    Sammy Gyamfi- you are a Gem

  • my eyes everywhere. 1 month ago

    simple put the money back no lies, propaganda and mis calculation please money back for GHANA into GHANA ACCOUNTS WHERE IT SHOULD HAVE BEEN PUT.Thank you sir but GHANA NEEDS THE MONEY BACK.accountability is STILL HOLD.thank ...
    read full comment

  • Okponglo Guy 1 month ago

    Currency stability is a great goal. However, please practice transparency. Has our gold reserves been depleted or increased, JK? How much is the stability costing the Central Bank?

  • Nana Abrokwah SA 1 month ago

    To me I don't understand the logic behind the lost, if you used $214 million to get $10 billion is it a lost?
    There's a saying "we use a fish to get more fishes

  • Chiga 1 month ago

    @Nana, it means the BoG spent over 10.12+ billion to make 10 billion.

  • Onyame 1 month ago

    How can you sell gold and make losses. Can't think farrr

  • John 1 month ago

    Kwakye's hair is now looking good.

  • Ben Western Region 1 month ago

    The talking is too much. We’ve heard enough of refining gold in Ghana. Time and tide wait for no man! Go ahead and quickly do it and stop the talking!

  • Kwame panin 1 month ago

    what is the difference with PMMC? This galamsey govt knows very little.

  • Bwana Ndugu 1 month ago

    Everyone is a renowned somebody ? God help us.

  • Visitas 1 month ago

    Now we know who the real nation wreckers are.Galamsey left,right and centre,and nobody is concerned anymore. It is Mahama so it doesn't matter anymore. Oliver Vormerwor and Ralf have suddenly disappeared. Chiefs are silent a ...
    read full comment

  • Antwi 1 month ago

    Experts paa.
    Once you start refining in Ghana you reduce trading losses.
    You even get Silver credits and revenue which Ghana is losing

  • Kwabena 1 month ago

    Does this mean through the value chain Ghana gained $9.786 ($10b - $214m)?

    Is the $10b not an asset and $214m not a trading loss?

    How do we bring the two together to justify a positive net position?

    With this new po ...
    read full comment