Africa Policy Lens demands answers from Bank of Ghana over sale of nearly 20 tonnes of gold reserves

Policy think tank Africa Policy Lens is demanding answers from the Bank of Ghana over the sale of about 19.4 tons of Ghana’s gold reserves, questioning the rationale behind the decision at a time when global demand and prices for gold were rising. Addressing a press conference, the group, through its Executive Director, Dr Hayford Ayerakwa and senior member Wisdom Gomashie, said available data from the central bank shows Ghana’s gold reserves dropped from about 38.04 tons to 18.6 tons in 202...

By Caleb Ahinakwah