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Bank of Ghana suspends Mobile Money’s planned 0.75% wallet-to-bank transfer fee

The Bank of Ghana has directed Mobile Money Fintech Limited to suspend its proposed 0.75% fee on direct wallet-to-bank transfers, halting a charge that...

GoldBod signs refinery agreement with Royal Ghana Gold Limited

The Ghana Gold Board (Ghana Gold Board) has signed a gold refinery agreement with Royal Ghana Gold Limited as part of efforts to deepen...

Analysis: Why the cedi is depreciating

The Ghana cedi has been on a sustained depreciation path since late March 2026 following the escalation of the US–Israel–Iran conflict in the Middle...

GN Savings and Loans to resume operations before end of year – Dr Nduom

President of Groupe Nduom, Dr Nana Kweku Nduom, says GN Savings and Loans could resume operations before the end of 2026 following the restoration...

MTN introduces 0.75% charges on MoMo-to-bank transfers effective June 1

Telecommunications company MTN Ghana has announced new charges on transfers from Mobile Money (MoMo) wallets to bank accounts, set to take effect from June...

Delta Air Lines marks 20 years of continuous Ghana–U.S. service

Delta Air Lines, the leading nonstop US carrier, celebrates 20 years of uninterrupted operations in Ghana, marking two decades of continuous service, customer excellence,...

Jomoro MP Dorcas Affo-Toffey visits PHDC to assess petroleum hub progress

The Member of Parliament for the Jomoro Constituency in the Western Region, Dorcas Affo-Toffey, has paid a working visit to the Petroleum Hub Development...

No cause for alarm over recent cedi depreciation — Prof Asuming

Economist and University of Ghana lecturer, Prof Patrick Asuming, has urged calm over the recent depreciation of the Ghana cedi, insisting that the currency...

Banking reforms incomplete, state-owned banks under watch – IMF warns

The International Monetary Fund (IMF) has warned that Ghana’s banking sector reforms remain incomplete, despite what it describes as significant improvements in overall sector...

COSSA-CHED holds maiden 2026 NEC meeting, intensifies farmer outreach in Eastern Region

The 2026 maiden NEC meeting of COSSA-CHED was held at Akyem-Tafo in the Eastern Region. The meeting also featured a field engagement with the...

BoG’s multi-billion-cedi losses were part of economic recovery – IMF

The International Monetary Fund (IMF) has defended the Bank of Ghana (BoG)’s massive financial losses, stating that its aggressive policy actions were necessary to...

BoG awaits legal advice on next steps after court orders restoration of GN Savings and Loans licence

The Bank of Ghana (BoG) is awaiting legal advice from its external lawyers and the Receiver of the defunct financial institution before deciding on...

BoG policy rate hold confirms inflation to trend upwards – IC Insights

IC Insights, a leading research firm, has stated that the Bank of Ghana’s latest policy rate hold confirms its longstanding view that inflation is...

Rising fuel costs pose risk to Ghana’s inflation outlook – Deloitte

Rising fuel costs pose a risk to Ghana’s 2026 inflation outlook, as high oil prices will pass through into elevated energy costs and transport...

T-bills: Government records 5.9% undersubscription, interest rates decline marginally

The government failed to meet its treasury bills target last week, as demand was moderate. According to auction results by the Bank of Ghana, the...

Slump continues as cedi becomes worst-performing currency in sub-Saharan Africa

Ghana's cedi, which has suffered a steady decline in recent weeks, has now become the worst-performing currency in sub-Saharan Africa and one of the...

Women’s Development Bank proposal to go before Cabinet – Mahama

President John Dramani Mahama has disclosed that Vice President Jane Naana Opoku-Agyemang is expected to present a formal resolution on the proposed Women’s Development...

Gov’t targets petroleum upstream recovery after five years of consecutive decline

The Ministry of Energy has projected a major turnaround for Ghana’s upstream petroleum sector, forecasting a decisive rebound in crude oil production after five...

GN Savings and Loans’ licence revocation came as a shock – Dr Kweku Ndoum

President of Groupe Ndoum, Dr Nana Kweku Ndoum, has said the company and the Ndoum family were shocked by the revocation of GN Savings...

BoG revoked GN Savings & Loans licence solely on insolvency grounds, not other alleged breaches — Lawyer

The recent Court of Appeal ruling in favour of GN Savings & Loans could mark the first major step toward the possible restoration of...

World Bank document shows 27 countries seeking to ensure access to crisis funds

Twenty-seven countries have ​moved since the Iran war started to put in place crisis instruments that could ‌quickly access funding from existing World Bank...

GN Savings and Loans to reopen first branch in Elmina – Nduom

Businessman and Groupe Nduom President, Papa Kwesi Nduom, has announced that the first branch of GN Savings and Loans to reopen following the restoration...

“We won’t organise kenkey, waakye parties like others did” – Mahama on IMF exit

President John Dramani Mahama has taken a subtle swipe at the previous administration led by former President Nana Addo Dankwa Akufo-Addo, saying his government...

Amin Adam calls on BoG and Finance Ministry to explain implications of GN Savings and Loans ruling

Karaga MP and former Finance Minister, Mohammed Amin Adam, has called on the Bank of Ghana and the Ministry of Finance to immediately clarify...

Amin Adam warns against politicising banking regulation after GN Savings and Loans ruling

Former Finance Minister and Karaga MP, Mohammed Amin Adam, has cautioned against what he describes as attempts by government officials to politically appropriate the...

Gideon Boako predicts an increase in bank charges from June 4

The Member of Parliament for Tano North and Deputy Ranking Member on Parliament’s Finance Committee, Gideon Boako, has claimed that bank charges in Ghana...

Nearly 1 in 3 working Ghanaians turning to gambling to manage financial pressure — Report

The latest Old Mutual Financial Wellness monitor has revealed that about 30 percent of working Ghanaians are turning to gambling and betting as a...

Dr. Gideon Boako warns banks may reject some forex deposits from next month

Dr. Gideon Boako, Deputy Ranking Member on Parliament’s Finance Committee and Member of Parliament for Tano North, Gideon Boako, has cautioned that some commercial...

BoG confident cedi stability will be sustained

Governor of the Bank of Ghana, (BoG) Dr Johnson Asiama, says the country is unlikely to return to the period of persistent cedi depreciation...

We need a fair, transparent pricing structure that reflects the true cost of sustainable production – COCOBOD CEO

The Ghana Cocoa Board (COCOBOD) has called on international partners and cocoa buyers to institute a fair and transparent pricing structure that ensures sustainability...

Nduom speaks after court orders restoration of GN Savings and Loans licence

The founder of GN Savings and Loans, Dr Papa Kwesi Nduom, has described the past seven years as an "unimaginable" ordeal following the revocation...

Is Mahama’s election campaign promise to customers of collapsed banks a deceit or delayed reality?

“A promise is a promise” especially when it becomes the foundation of hope for thousands of struggling Ghanaians. During the 2024 election campaign, then opposition...

Ghana to host 2027 World Cocoa Foundation Partnership Meeting

The World Cocoa Foundation (WCF) and the Ghana Cocoa Board (COCOBOD) have announced that Ghana will host the 2027 World Cocoa Foundation Partnership Meeting. The...

Dr Gideon Boako links Bank of Ghana losses to Cash Reserve Ratio policy changes

The Member of Parliament for Tano North and Ranking Member on Parliament’s Finance Committee, Dr Gideon Boako, has attributed the reported financial losses of...

Dubai Chambers meets GNCCI, GIPC and Importers Association to strengthen Ghana trade ties

Dubai Chambers has held a series of high-level meetings with key trade and economic institutions in Ghana as part of efforts to strengthen bilateral...

Policy rate at 14%: Middle East crisis is the elephant in the room – BoG boss

The Governor of the Bank of Ghana, Johnson Pandit Asiamah, has defended the decision by the Monetary Policy Committee (MPC) to maintain the policy...

Ghana could return to IMF programme by 2033 – Prof. Bokpin

Economist Professor Godfred Bokpin has projected that Ghana could return to another IMF-supported programme by 2033 if longstanding structural weaknesses in the economy remain...

Mobile Money transactions hit GH¢493.2bn in April 2026 – BoG

Mobile money transactions in Ghana reached a total value of GH¢493.2 billion in April 2026, involving 967 million transactions, according to the Bank of...

We are building reserves not intervening in the market – BoG Governor on cedi pressures

Governor of the Bank of Ghana, Dr. Johnson Asiama, says the central bank is not artificially intervening in the foreign exchange market despite recent...

Cocoa farmers accuse COCOBOD officials of private buying activities

Cocoa farmers have accused some officials of the Ghana Cocoa Board of engaging in private cocoa buying activities which they say are undermining confidence...