Bank of Ghana clarifies treatment of earnings for content creators

Business April 20, 2026 ofori 9 views 0 comments

The Bank of Ghana (BoG) has announced clarification on the treatment of earnings generated from X and other digital platforms.

Under existing financial regulations, such earnings are classified as service export proceeds.

According to the central bank, content creators and digital entrepreneurs may receive these earnings either through Foreign Exchange Accounts or Ghana Cedi accounts. This will depend on their preference and banking arrangements.

In a statement, BoG acknowledged concerns raised by some creators about difficulties accessing these funds.

"When transactions are processed correctly, such challenges should not ordinarily arise."

However, the Bank appreciates the feedback received from affected persons.

BoG further affirmed that it is actively reviewing the matter and engaging with relevant institutions to identify the source of the issues and ensure prompt resolution. The statement also assured that BoG will continue to engage affected stakeholders throughout the process.

Finally, it stated that BoG remains committed to maintaining a stable and enabling financial system that supports legitimate cross-border transactions, including digital platform earnings classified as service exports.