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Foreign exchange market back on its feet; banks, not BoG, now driving trade – Governor

Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, says Ghana’s foreign exchange market has regained its stability, with commercial banks now driving...

We’re rebuilding foreign reserves, not burning them – BoG Governor

Governor of the Bank of Ghana(BoG), Dr Johnson Asiama Pandit, has dismissed claims that the central bank is depleting the country’s foreign reserves through...

Gov’t will be able to exit current IMF programme next year – BoG Governor assures

Bank of Ghana (BoG) Governor, Dr. Johnson Asiama, has assured that Ghana will be able to exit the current programme with the International Monetary...

Mahama prioritises shift from rain-fed to irrigation-based farming – Agric Minister

Minister for Food and Agriculture, Eric Opoku, has said that President John Mahama is committed to transforming Ghana’s agricultural system from rain-fed farming to...

30% of food produced in Ghana goes to waste — Agric Minister laments

Minister for Food and Agriculture, Eric Opoku, has revealed that about 30% of food produced in Ghana goes to waste due to poor road...

Mahama secures additional 200 million RMB Chinese grant for Aflao Market and National Theatre

Ghana has secured an additional grant of 200 million RMB from China to support key development projects, following bilateral talks between President John Dramani...

Ghana’s monthly economic growth slows to 4.5% in July 2025 – GSS

Ghana’s economy expanded by 4.5% in July 2025, according to the latest Monthly Indicator of Economic Growth (MIEG) released by the Ghana Statistical Service...

Some business operators submit fraudulent invoices to BoG to get dollar – Presidential Staffer

Presidential Staffer and Board Member of the Bank of Ghana (BoG), Beatrice Annan, has disclosed that some business operators in Ghana are issuing fraudulent...

Ghana’s debt-to-GDP ratio to hit 59% by end of 2025 – IMF 

The International Monetary Fund (IMF) has projected that Ghana’s debt-to-GDP ratio will hit 59.1 per cent by the end of 2025. The projection was captured...

Downstream petroleum sector undergoing comprehensive reform – Energy Minister

Ghana’s downstream petroleum sector is undergoing comprehensive and forward-looking reforms aimed at making it more efficient, transparent and future-ready, the Minister for Energy and...

Gov’t to replace NPA Act 2005 as part of major downstream reforms – Energy Minister

he Minister for Energy and Green Transition, John Abdulai Jinapor, has announced that government is in the process of repealing and replacing the National...

Fuel prices set to be reduced by some significant margin from October 16

The price of petroleum products is expected to be reduced by a significant margin at the pumps from Thursday, October 16, 2025. This projection is...

Has the clock stopped on Swiss US trade?

President Trump's tariffs have caused shock worldwide, with governments scrambling to find a deal to placate him. Some have managed: the UK got in...

China needs zero-tariff deal more than Ghana – Prof. Bokpin

Economist Professor Godfred Bokpin has argued that China stands to gain more from the zero-tariff trade agreement with Ghana than Ghana itself. Speaking on JoyNews’ PM...

Ghana doesn’t need China’s zero tariff; prioritise AfCFTA – Okyere Baafi tells Mahama

Member of Parliament for New Juaben South Constituency, Michael Okyere Baafi, says Ghana does not necessarily need zero-tariff access to the Chinese market as...

Ghana, others might face significant refinancing pressures – World Bank

Ghana and other Sub-Saharan African countries might face significant refinancing pressures as previously issued Eurobonds near maturity. According to the World Bank, this poses significant...

GIHOC ‘suspends’ 24-hour economy implementation [Video]

The Ghana Industrial Holding Corporation (GIHOC) Distilleries Company Limited has put its participation in the government’s 24-hour economy initiative on hold, citing low market...

BoG revises sanctions for issuing dud cheques; announces stricter punishments

The Bank of Ghana has revised the sanctioning regime in respect of the issuance of dud cheques for strict compliance by banks and Specialised...

BoG Governor pushes for predictable Global Sovereign Debt roundtable negotiations

The Governor of the Bank of Ghana (BoG) has urged stronger global commitment to predictable debt restructuring and improved transparency under the Common Framework...

Chinese President confident Ghana will soon benefit from zero-tariff trade policy

President John Dramani Mahama has engaged in bilateral discussions with Chinese President Xi Jinping in Beijing as part of his participation in the Global...

BoG to commence Cedi@60 celebration on October 28

The Bank of Ghana (BoG) has now set October 28, 2025, to commence the celebration of the 60th anniversary of the Ghana cedi. The celebration,...

Autodata partners with Interpol to raise awareness on stolen vehicles in Ghana

The President of Autodata Ghana, William Boadi, together with some executive members of the Chamber, has paid a courtesy call on the Head of...

Address decline in oil production, secure investments in petroleum upstream – PIAC to gov’t

The Public Interest and Accountability Committee (PIAC) has asked government to find innovative ways to attract more investments into the oil and gas sector. In...

Ghana’s petroleum revenues decline in first half of 2025 – PIAC Report

Ghana’s oil sector continues to play a central role in driving national development, with revenues from royalties, taxes, and equity interests funding critical projects...

Bond market: Turnover increased by 33%

The secondary bond market turnover increased by 33.12% week-on-week to GH¢1.87 billion from GH¢1.41 billion the previous week. According to the trading results, the February...

Finance Minister leads Ghana’s delegation to IMF/World Bank annual meetings in Washington

Minister for Finance, Dr Cassiel Ato Forson, is leading a high-level government delegation to Washington, D.C., for the 2025 Annual Meetings of the International...

Cedi posts strong weekly gain, erases third quarter losses; up 5% against US dollar

The Ghana cedi has recorded one of its biggest gains against the dollar since the third quarter of 2025. Data from major commercial banks seen...

Energy sector fix gains momentum with legacy arrears, IPP deals renegotiated – IMF

Ghana’s long-running energy sector challenges are seeing major progress, with the government renegotiating legacy arrears and power purchase agreements with most independent power producers...

Ghana’s cocoa production to get stronger for rest of 2025 – BoG

Ghana’s cocoa production is expected to be strong for the rest of 2025, the Bank of Ghana has disclosed in its September 2025 Monetary...

T-Bills: Investor sentiments on treasury market soar; gov’t records 23% oversubscription

Investor sentiments on the treasury market soared following the successful completion of the 5th review of Ghana’s programme with the International Monetary Fund. According to...

GRA intercepts 10 diesel trucks evading tax worth GH¢2.3m

The Customs Preventive Unit of the Ghana Revenue Authority (GRA) in collaboration with the National Security, has busted a diesel diversion syndicate attempting to...

All enterprises with foreign ownership must register with GIPC – Head of Investor Services

The Head of Investor Services and Exemptions at the Ghana Investment Promotion Centre (GIPC), Emmanuel Forson, has reaffirmed that under the GIPC Act, every...

Ghana’s credit rating upgraded by Moody’s after nation cut debt

Moody’s Ratings raised Ghana’s sovereign credit rating, citing improved prospects for debt reduction. The West African nation’s long-term foreign currency debt was upgraded to Caa1...

De-dollarization: Not so fast; What it means for Africa

Why Must Global Trade Rely on the Dollar? On April 13, 2023, Brazil’s President Lula asked in Shanghai, “Why must global trade rely on the...

Ghana passes fifth review of IMF programme as reset agenda powers major economic gains

Ghana has reached a significant milestone in its economic recovery efforts with the successful conclusion of a Staff-Level Agreement (SLA) with the International Monetary...

Cedi was best-performing currency in Africa in 8 months of 2025 – World Bank

The Ghana cedi was the best-performing currency in Africa in the first eight months of 2025, the World Bank has revealed in its October...

Banks move to engage Foreign Affairs Ministry over defaulting medical doctors abroad

President of the Ghana Association of Banks, John Awuah, says banks have begun engaging the Ministry of Foreign Affairs to deal with cases of...

 Energy Minister engages tanker drivers on salary, welfare concerns

The Minister for Energy and Green Transition, John Abdulai Jinapor, has met with the leadership of the Ghana National Petroleum Tanker Drivers Union (GNPTDU)...

IMF expected to reach staff-level agreement with Ghana on 5th programme review today

The International Monetary Fund (IMF) is expected to reach a staff-level agreement with Ghana on the 5th Programme Review today, October 10, 2025. This projection...

Nearly 70% of medical doctors default on their loans – GAB President

President of the Ghana Association of Banks, John Awuah, has revealed that nearly 70% of medical doctors who take loans from local banks default...