Middle East and Africa

Bank of Ghana

Too few recent speeches for a current tone.

Speeches: 55
First speech: Aug 17, 2005
Latest speech: Aug 31, 2022
Tone vs coming rate moves: Not tested; too few speeches or no published rate

Does the tone run ahead of the rate?

Speech tone over the previous three months, and the policy rate at the end of each month, on the same timeline. Hover over either chart to read the same month in both.

Speech tone

Policy rate

The BIS does not publish a policy rate for this central bank, so only its tone is shown.

Latest speeches

Each speech's tone is the average over its sentences about policy, prices, rates or the economy. Open a speech to read it in full.

Date	Speech	Tone
Aug 31, 2022	Elsie Addo Awadzi: Nurturing resilience - adopting technology, embracing humanism Elsie Addo Awadzi	−0.46
Apr 23, 2021	Maxwell Opoku-Afari: Launch of the 20th anniversary celebration of IT Consortium Ghana Limited Maxwell Opoku-Afari	–
Dec 17, 2020	Ernest Addison: Pandemic, the economy and outlook Ernest Addison	–
Dec 7, 2020	Ernest Addison: Digitization of the Afro-Asian Small and Medium Enterprises (SMEs) trade corridor - a multimillion economic zone' Ernest Addison	+0.02
Sep 14, 2020	Elsie Addo Awadzi: Integrating gender considerations into Covid-19 policy solutions Elsie Addo Awadzi	−0.26
Sep 14, 2020	Ernest Addison: Integrating gender considerations into COVID-19 policy solutions Ernest Addison	−0.42
Jul 22, 2020	Maxwell Opoku-Afari: Maxwell Opoku-Afari: Crisis to recovery strengthening economic institutions in Sub-Saharan Africa during Covid-19 Maxwell Opoku-Afari	+0.12
Feb 10, 2020	Ernest Addison: Launch of Absa Bank Ghana Limited Ernest Addison	+0.61
Jan 17, 2020	Maxwell Opoku-Afari: Welcome address - media soiree Maxwell Opoku-Afari	+0.26
Oct 31, 2019	Maxwell Opoku-Afari: Developing a vibrant capital market, improving standards and leveraging new technology Maxwell Opoku-Afari	−0.10
Oct 30, 2019	Ernest Addison: Sustaining financial and economic stability - the key priorities Ernest Addison	+0.07
Oct 17, 2019	Maxwell Opoku-Afari: Launch of Guidelines for Repurchase Agreements in Ghana Maxwell Opoku-Afari	−0.05
Sep 13, 2019	Ernest Addison: Banking reform and the necessity of taking unpopular decisions to restore stability Ernest Addison	+0.03
Aug 19, 2019	Maxwell Opoku-Afari: Keynote address - Digital Banking Summit 2019 Maxwell Opoku-Afari	−0.00
Jul 11, 2019	Maxwell Opoku-Afari: A decade of driving financial inclusion and socioeconomic development - the Impact of MoMo Maxwell Opoku-Afari	+0.01
Jun 18, 2019	Ernest Addison: Enabling the digital economy Ernest Addison	−0.04
Jun 13, 2019	Maxwell Opoku-Afari: The challenges on monetary policy and markets development in Ghana Maxwell Opoku-Afari	−0.11
May 22, 2019	Ernest Addison: The improved resilience of Ghana's banking industry Ernest Addison	+0.05
May 20, 2019	Ernest Addison: The futuristic economy - technology-driven future of business &amp; governance for economic transformation Ernest Addison	−0.04
Apr 23, 2019	Ernest Addison: Achieving sustainable exchange Ernest Addison	+0.03
Feb 11, 2019	Ernest Addison: The importance of promoting financial stability and currency innovations Ernest Addison	+0.02
Dec 1, 2018	Ernest Addison: Ghana's banking sector achievements and regulatory challenges for 2019 Ernest Addison	+0.21
Nov 28, 2018	Ernest Addison: Ghana's developing digital financial ecosystem and the need for transaction security Ernest Addison	+0.67
Oct 22, 2018	Maxwell Opoku-Afari: A safer digital financial industry Maxwell Opoku-Afari	+0.00
Oct 3, 2018	Ernest Addison: Remarks on the economy and banking at opening of Standard Chartered headquarters Ernest Addison	+0.00
Sep 25, 2018	Ernest Addison: Building a digital business and financial ecosystem Ernest Addison	−0.03
Dec 2, 2017	Ernest Addison: Building a stronger economy and strengthening the corporate governance structures in Ghana Ernest Addison	−0.12
Aug 18, 2017	Ernest Addison: 60th anniversary of the Bank of Ghana Ernest Addison	−0.05
May 5, 2017	Millison Narh: "Credible communication strategies of central banks in the framework of monetary policy and financial stability" - closing address Millison Narh	+0.04
May 3, 2017	Johnson P Asiama: "Credible communication strategies of central banks in the framework of monetary policy and financial stability" - opening address Dr Johnson P Asiama	−0.00
Apr 28, 2017	Johnson P Asiama: Financial sector regulation and developments in Ghana Dr Johnson P Asiama	−0.01
Dec 28, 2016	Abdul-Nashiru Issahaku: Effectively communicating economic and financial developments in Ghana during 2016 Abdul-Nashiru Issahaku	+0.01
Aug 26, 2016	Johnson P Asiama: Fifteen years of Ghana Banking Awards - enriching a healthy competitive landscape in the drive for consumer relevance in banking Dr Johnson P Asiama	+0.18
Jun 30, 2016	Abdul-Nashiru Issahaku: Developing Ghana's banking system Abdul-Nashiru Issahaku	+0.00
Nov 29, 2014	Henry A Kofi Wampah: Ghana - macroeconomic developments and outlook for 2015 Henry A Kofi Wampah	−0.03
Aug 8, 2013	Millison Narh: Ghana's financial services industry and its impact on private sector growth Millison Narh	−0.01
May 8, 2013	Henry A Kofi Wampah: Making Ghana's financial system more efficient Henry A Kofi Wampah	+0.23
Dec 9, 2010	Kwesi Bekoe Amissah-Arthur: New Primary Dealer System for Ghana Kwesi Bekoe Amissah-Arthur	+0.47
Nov 27, 2010	Kwesi Bekoe Amissah-Arthur: Challenges to the Ghanaian economy Kwesi Bekoe Amissah-Arthur	−0.12
Sep 9, 2010	Kwesi Bekoe Amissah-Arthur: Inauguration of the Board of Directors of the Central Securities Depository Ghana Limited Kwesi Bekoe Amissah-Arthur	–
Jun 10, 2010	Kwesi Bekoe Amissah-Arthur: Risk management in well-capitalized banks Kwesi Bekoe Amissah-Arthur	+0.14
Apr 26, 2010	Millison K Narh: Monetary policy and outlook for economic growth Millison Narh	−0.01
Apr 1, 2010	Kwesi Bekoe Amissah-Arthur: Review of the cash cycle in Ghana Kwesi Bekoe Amissah-Arthur	−0.08
Mar 19, 2010	Millison Narh: Macroeconomic management and regional integration Millison Narh	−0.25
Jan 14, 2010	Kwesi Bekoe Amissah-Arthur: Conduct of monetary policy in a challenging economic environment Kwesi Bekoe Amissah-Arthur	+0.00
May 9, 2009	Paul A Acquah: Enhancing confidence in the Ghanaian financial system in the midst of the financial crisis Paul A Acquah	−0.10
Jul 31, 2007	Paul A Acquah: Fifty years of central banking in Ghana Paul A Acquah	+0.13
Jul 14, 2006	Paul A Acquah: Developing an efficient capital market in Ghana Paul A Acquah	+0.23
Jun 26, 2006	Paul A Acquah: The emerging Ghanaian banking environment Paul A Acquah	+0.17
Jun 21, 2006	Paul A Acquah: Overview of the economy in Ghana Paul A Acquah	+0.20
May 19, 2006	Paul A Acquah: Financial fraud Paul A Acquah	–
May 6, 2006	Paul A Acquah: Evaluating the banking system in Ghana Paul A Acquah	−0.08
Apr 24, 2006	Lionel Van Lare Dosoo: Risk-based supervision Lionel Van Lare Dosoo	−0.06
Aug 30, 2005	Paul A Acquah: The ECOWAS Trade Liberalization Scheme Paul A Acquah	+0.06
Aug 17, 2005	Paul A Acquah: Workshop on the general data dissemination systems (GDDS) Paul A Acquah	+0.10

Next: Across all central banksHow tone lines up with rate moves at every bank tested, and whether it predicts them.