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Bank of Ghana assures X creators over payout access

The Governor of the Bank of Ghana, Johnson Pandit Asiama, has assured Ghanaian X content creators that the central bank will support them in resolving challenges with accessing their earnings from digital platforms.

The meeting took place on Wednesday April 22 at Bank Square in Accra, days after the Bank issued a statement responding to concerns raised by creators about delays and difficulties in receiving payouts.

Dr Asiama said the Bank recognises the economic value of digital content creation, describing it as comparable to traditional exports such as cocoa. He told the creators that their work is important to the country’s economy and pledged the Bank’s readiness to assist.

“If you have any issues with your payouts, we are ready to help,” he said. “We are making ourselves accessible so that we resolve all the issues that you have.”

He also encouraged the creators to form a formal association to streamline engagement with the Bank and ensure quicker resolution of concerns.

“We are interested in what you are doing and will do everything to facilitate your work,” he added.

The engagement follows growing unease among some Ghanaian digital creators over how earnings from platforms such as X are processed under local banking rules.

Under Ghana’s foreign exchange regulations, proceeds from services exported online can be received through foreign exchange accounts held with local banks, or through cedi accounts, provided the transactions comply with regulatory requirements.

The Bank says the clarification is intended to ensure creators can access their earnings smoothly while operating within the country’s financial framework.

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