bernard boateng

Introduction: The Bank of Ghana (BoG) has quietly executed one of Africa’s most ambitious reserve diversification strategies. Between May 2023 and October 2025 , the central bank’s gold holdings surged from 8.78 tonnes to 38.04 tonnes , marking a 333% increase  in just 29 months. Bank of Ghana Gold Reserves Background: In response to global currency volatility and Ghana’s own foreign-exchange pressures, the BoG launched a gold purchase programme under the Domestic Gold Purchase Policy . The...

A recent parliamentary attendance report has revealed that several Members of Parliament (MPs) absented themselves from sittings without official permission, with some missing more than ten out of forty-three sittings held between January and March 2025. Absentee Report of Members of Parliament While absenteeism has long been a concern, this latest report highlights a more structural challenge; the increasing number of parliamentarians who double as Government Ministers , and how that dual...

In 2023, the Electricity Company of Ghana (ECG), the nation’s primary power distributor exceeded its approved expenditure by an astonishing GHS 189.77 million , representing a 133% overspend . Data presented to the Public Accounts Committee on October 28, 2025 , reveals striking variances between approved and actual spending across several key categories. Analyzing ECG's Budget Overspend Highlights from the Overspend Foreign Training  topped the list with an excess of GHS 60 million , nearly...