The Bank of Ghana (BoG) has issued a warning to the public against repairing damaged Ghana cedi banknotes. According to the BoG, the public should not tape, glue, staple or otherwise repair damaged cedi banknotes for re-issuance or recirculation. This warning is aimed at maintaining the integrity of the nation's currency. The BoG plays a crucial role in regulating and maintaining the country's financial system.
The warning comes as part of the BoG's efforts to ensure that banknotes remain in good condition and are not tampered with. Damaged banknotes can be exchanged at the BoG or commercial banks, providing an opportunity for the public to replace worn-out or damaged currency. By discouraging the repair of damaged banknotes, the BoG aims to prevent the circulation of counterfeit or altered notes.
The general public is advised to handle banknotes with care and report any damaged notes to the relevant authorities. Commercial banks and financial institutions also play a role in ensuring that banknotes are in good condition before they are issued to customers. The BoG works closely with these institutions to maintain the integrity of the financial system.
In related news, various organizations and businesses in Ghana continue to make significant contributions to the country's development. For instance, Newmont's Ahafo North Mine recently donated a Toyota Hilux pick-up to the Ghana Police Service to support security operations in the Tano North Municipality. The vehicle is valued at GHS 510,967.
Additionally, Woodin, a leading African fashion and textile brand, has launched its main 2026 ready-to-wear collection, "Simulation de Woodin." The collection explores the interplay between reality and illusion through distinctive fabric designs and contemporary silhouettes. This showcases Ghana's rich cultural heritage and creativity in the fashion industry.
On the economic front, Ghana's labour market has seen significant developments. Workplace accident compensation claims finalised in 2025 amounted to GH¢34.25million, with a further GH¢28.56million paid on cases finalised as of June 2026. This highlights the importance of ensuring a safe working environment for employees.
The government of Ghana is also working to strengthen its economic ties with other countries. Japan, for example, is positioning itself as a deeper commercial and technological partner for Ghana, moving beyond the traditional aid relationship. Furthermore, the Minister for Finance, Dr Cassiel Ato Forson, emphasized that the Government's New Economy agenda will prioritize the creation of decent jobs and improvement of living standards for Ghanaian workers.
Key points
- The Bank of Ghana warns against repairing damaged cedi banknotes to maintain currency integrity.
