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Bank of Ghana trains press corps to combat financial misinformation

The Bank of Ghana (BoG) has launched a three-day capacity-building workshop for members of its Press Corps to improve the accuracy of financial reporting and combat the growing threat of disinformation. Opening on October 19, 2026, in Koforidua, the training session aims to equip approximately 30 journalists with a deeper understanding of central banking operations, monetary policy, and regulatory mandates. The initiative underscores the central bank's commitment to fostering a well-informed public discourse on economic issues that directly affect the lives of Ghanaians. Speaking at the commencement of the workshop, the BoG Director of Communications, Bernard Otabil, emphasized the need for journalists to humanize monetary policy. He urged media professionals to move beyond technical jargon and instead connect the Bank’s decisions to their tangible impacts on households and businesses. Mr. Otabil highlighted that ethical journalism is a critical tool in fighting misinformation, particularly regarding sensitive topics like inflation and exchange rates. He noted that misleading headlines can trigger market panic and unnecessary speculation, which pose significant threats to national economic stability. The training program, which runs through October 21, covers a broad range of topics including media ethics, the Bank's gold purchase program, and the dynamics of inflation. Participants are encouraged to engage in discussions on ethical dilemmas faced in financial reporting and the role of the central bank in maintaining price stability. The workshop also serves as a platform for the Bank to reinforce its partnership with the media, with Mr. Otabil reaffirming that credible reporting is essential for public trust and effective economic decision-making. The Bank of Ghana plans to continue its support for the media through regular training forums and awards that recognize excellence in financial journalism. By enhancing the professional standards of the Press Corps, the Bank aims to ensure that the public receives balanced, verified, and relatable information. Attendees at the event included representatives from the Ghana Journalists Association, such as Mr. Suleiman Mustapha, reflecting a collaborative effort to uphold high journalistic standards within the country's financial sector.