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Bank of Ghana backs cedi-based payments for Ghana-China trade

The Bank of Ghana (BoG) is supporting initiatives to enable Ghanaian businesses to settle trade transactions with China in cedis, as part of efforts...

Government working to upscale fashion, textile and garment industry – Trade Director

The Ashanti Regional Director Trade, Agribusiness and Industry, Diana Gyamfi, says the government is working to support the growth of the fashion, textile and...

Explainer: How to identify a fake cedi note before you accept it

Counterfeit money has been in the headlines this week after National Security said it had dismantled several alleged fake-money operations in and around Accra. In...

BoG to roll out new cedi banknotes in November

The Bank of Ghana (BoG) is set to introduce a redesigned series of Ghana cedi banknotes in November as part of measures to enhance...

Gold-driven cedi datability masking deep structural fragility – IERRP warns

The Institute of Economic Research and Public Policy (IERPP) has cautioned the Bank of Ghana and fiscal managers against over-reliance on record-high global gold...

Total mobile money transaction value hits GH¢3.8trn as of August 2026

The total value of mobile money transactions hit GH¢3.8trn in August 2028, the latest data from the Bank of Ghana has revealed. This indicates that...

Average lending rate stood at 15.9% as of August 2026

Ghana’s average lending rate stood at 15.9% as of the end of August 2026, according to data from the Bank of Ghana. The average cost...

Ghana’s public debt rises to GH¢733.9bn as domestic borrowing drives increase

Ghana’s public debt stock increased by GH¢13.1 billion between May and July 2026, rising from GH¢720.8 billion to GH¢733.9 billion, with the latest increase...

Ghana’s reserve buffer shrinks to 4.2 months as BoG flags fresh external risks

Ghana’s gross international reserves have fallen to about US$11.1 billion at the end of August 2026, reducing the country’s foreign-exchange buffer to 4.2 months...

Ghana’s export earnings hit record $22.4bn as gold prices drive growth

Ghana’s total export earnings have risen further to a record US$22.4 billion as of August 2026, driven largely by higher gold prices. The latest figure...

Cedi depreciation hits 9.5% as renewed FX pressure weighs on currency

The Ghana cedi’s depreciation against the US dollar has widened to 9.5% in the first nine months of 2026, marking a sharp reversal from...

Volta’s investment test: Can billions in opportunities finally translate into jobs and industries

The Volta Region is putting its economic ambitions to a more demanding test as stakeholders gather for the 2026 Volta Economic Forum with a...

Volta Economic Forum shifts focus from investment promises to projects, jobs and capital

The Volta Region is moving to change the way it measures economic development, with the 2026 Volta Economic Forum (VEF) shifting its focus from...

GoldBod records GH¢3.78bn difference in gold supplied to Bank of Ghana in 2025

The Ghana Gold Board (GoldBod) recorded a GH¢3.78 billion difference between the value of gold expected to be supplied to the Bank of Ghana...

PBL welcomes new UCC Vice-Chancellor, strengthening lasting partnership

The newly invested Vice-Chancellor of the University of Cape Coast, Professor Denis Worlanyo Aheto, has paid a courtesy call on the Management of Prudential...

Finance Ministry to write off $120m of TOR’s legacy debt

The Ministry of Finance is expected to write off about US$120 million of the Tema Oil Refinery’s (TOR) legacy debt as part of efforts...

Ghanaian interest comes first in 2027 Budget – Ato Forson

Finance Minister Dr Cassiel Ato Forson has stated that the interest of the Ghanaian people will remain the government’s foremost priority in preparing the...

Transport fares to go up 8% from Saturday

Public transport fares across Ghana will increase by 8% from Saturday, September 26, 2026, following an agreement between the government and transport operators. The adjustment...

COPEC calls for salary review alongside transport fare hikes to cushion workers

Executive Director of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, says workers’ salaries may need to be reviewed alongside any increase in transport...

T-bills: 91-day, 364-day yields to trade slightly higher in second half of 2026

The 91-day bill is expected to trade within 5.5%-7.5% in the second half of 2026, while the 364-day bill would trade within 12.5%-14.0%. According to...

Former Barclays Bank Ghana MD and Hollard Group CEO Patience Akyianu passes on

The former Managing Director of Barclays Bank Ghana and Group Chief Executive Officer of Hollard Ghana, Patience Enyonam Akyianu, has reportedly passed away. Her reported...

World Bank lauds ICUMS for doubling monthly revenue from GH¢600m to GH¢1.2bn

The introduction of the Integrated Customs Management System (ICUMS) has more than doubled monthly Customs revenue from the Tema Port, with collections rising from...

BoG absorbs GH¢21.41bn as MPC meeting approaches

The Bank of Ghana (BoG) has absorbed GH¢21.41 billion from the financial system in the past week as it steps up efforts to manage...

NPA boss names the forces behind Ghana’s fuel prices

The CEO of the National Petroleum Authority (NPA), Godwin Edudzi Tamakloe, has identified three major factors that determine the availability and pricing of petroleum...

We have at least 6 weeks of fuel cover – NPA boss calms supply fears

The National Petroleum Authority (NPA) says Ghana currently has at least six weeks of fuel cover, dismissing concerns that the country could face an...

GSA calls on Finance Ministry to fast-track clearance as over GH¢60m remains unutilised

The Ghana Standards Authority (GSA) has appealed to the Ministry of Finance to fast-track Commitment Authorization for the Authority, saying delays have left more...

NPA Bill 2026 could cost over 300 BOST jobs – IERPP warns

The Institute for Economic Research and Public Policy (IERPP) has warned that the National Petroleum Authority (NPA) Bill, 2026, could weaken BOST Energies and...

Kpandai farmers, yam sellers cry over low prices

Farmers and yam sellers in the Kpandai District of the Northern Region are appealing to the government and relevant stakeholders to intervene in what...

Mahama, IFC boss discuss agriculture, industrialisation and infrastructure investments

President John Dramani Mahama has received the Managing Director of the International Finance Corporation (IFC), Makhtar Diop, for a high-level bilateral engagement aimed at...

Fuel prices will continue to surge – COPEC

The Executive Director of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has warned that fuel prices will continue to rise as global demand...

GRA challenges GH¢79.65m judgment debt, seeks independent reconciliation

The Ghana Revenue Authority (GRA) is challenging a GH¢79.65 million judgment debt awarded to Servestar Minwax (WA) Limited, arguing that the amount being pursued...

Customs revenue jumps to $450m monthly since AI introduction

Revenue mobilised by the Customs Division of the Ghana Revenue Authority has increased significantly to approximately $450 million a month since the introduction of...

Fuel Price Hikes: Ad hoc interventions won’t solve transport fare concerns – Energy analyst

Energy analyst Kwadwo Poku Nsafoah says government must engage transport unions and agree on a sustainable formula for adjusting fares. He is warning that short-term...

GCB Bank unveils GH¢1m unsecured loans to boost business growth at Kumasi MSME Caravan

As part of its commitment to empowering small and medium-sized enterprises, GCB Bank PLC has held the Kumasi edition of its MSME Caravan Business...

Fuel prices rise as Star Oil raises petrol to GH¢16.77, diesel to GH¢17.77

Oil Marketing Companies (OMCs) have begun increasing pump prices for the second pricing window of September. Star Oil is among the first to adjust its...

IFC eyes $1.2bn investment pipeline for Ghana

The International Finance Corporation (IFC) of the World Bank Group is positioning to deepen its support for Ghana’s private sector, with a pipeline of...

I am very worried – Alan Kyerematen on cancellation of 1D1F

Former Trade and Industry Minister and founder of the United Party (UP), Alan Kyerematen, has expressed concern over what he describes as the abandonment...

We’ve worked to reduce cost of capital for Ghanaian businesses – Ato Forson

Finance Minister Dr Cassiel Ato Forson says the Government’s deliberate efforts to reduce the cost of capital are beginning to ease financing conditions for...

Gov’t to introduce new VAT incentives for local vehicle assembly

President John Dramani Mahama has announced plans to introduce new VAT incentives for vehicle assembly companies, with firms required to meet specified local production...

GNPC identifies over 1bn barrels of oil, 2.5trn cubic feet of gas in Tano Basin

The Ghana National Petroleum Corporation (GNPC) says spatial data analysis using Geographic Information Systems (GIS) could unlock over one billion barrels of oil and...