Finance Minister attributes cedi’s gains to GoldBod interventions
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has attributed the cedi’s recent strong performance in global currency rankings to the strategic interventions of the...
GoldBoD is key to currency stability and growth – Ato Forson
Ghana’s Finance Minister, Dr Cassiel Ato Forson, has described the newly inaugurated Ghana GoldBoD as a strategic instrument for ensuring long-term currency stability and...
Cedi’s turnaround is no accident – Ato Forson
Ghana’s Finance Minister, Dr Cassiel Ato Forson, has attributed the dramatic resurgence of the cedi to strategic coordination between the country’s monetary and fiscal...
Ghana cedi’s rise signals a sustainable economic reset – Finance Minister
Finance Minister Dr. Cassiel Ato Forson says Ghana’s impressive currency gains reflect a deeper transformation underway in the country’s economic foundations. Speaking on the...
Cedi’s 16.7% surge marks major economic turnaround – Ato Forson
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has described the Ghana cedi’s strong performance as a “remarkable turnaround” in the country’s economic narrative.
Speaking on...
BoG Deputy Governor says cedi appreciation is no fluke
The First Deputy Governor of the Bank of Ghana (BoG), Dr. Zakari Mumuni, has stated that the recent appreciation of the Ghana cedi is...
Bawumia declares ‘I was made for this’ while leading Africa’s Digital Agenda at Cambridge
At the prestigious Cambridge Africa Business Conference, former Vice President Dr. Mahamudu Bawumia delivered a rousing message of purpose and progress, declaring, “I was...
Policymakers have failed to learn lessons from history and economics – Bawumia
Former Vice President Dr. Mahamudu Bawumia has criticised contemporary global policymakers for failing to heed the fundamental lessons of history and economics, particularly in...
You can’t fix trade deficits with tariffs – Bawumia
Former Vice President, Dr. Mahamudu Bawumia, has cautioned against using tariffs as a solution to trade imbalances, stressing that such deficits are macroeconomic in...
Africa’s time is now – Bawumia inspires with digital vision at Cambridge Conference
Former Vice President Dr. Mahamudu Bawumia delivered a speech at the Cambridge Africa Business Conference, rallying a global audience around Africa’s digital awakening.
Declaring that...
Smart Formalisation holds the answer to Africa’s problems – Bawumia
Former Vice President Bawumia Urges Africa to Embrace ‘Smart Formalisation’ for Development
Former Vice President of Ghana, Dr. Mahamudu Bawumia, has called on African nations...
We knew what we were doing – BoG fires back after cedi gains 12%
First Deputy Governor of the Bank of Ghana, Dr. Zakaria Mumuni, says the cedi's performance is not only a dramatic reversal from last year...
Bawumia criticises Global Policymakers over trade deficit misdiagnosis
Former Vice President, Dr. Mahamudu Bawumia, has criticised contemporary global policymakers for failing to heed the fundamental lessons of history and economics, particularly in...
Business planning at risk amid volatile cedi appreciation — Kenneth Thompson
Former Chief Executive of Dalex Finance, Kenneth Thompson, has raised concerns over the sudden appreciation of the Ghanaian cedi against the US dollar, warning...
Strengthen foreign reserves for long-term stability – Prof Bokpin urges
An economist at the University of Ghana Business School, Professor Godfred Bokpin, has emphasised the urgent need for Ghana to strengthen its foreign reserves...
Prof Bokpin calls for urgent reforms, private sector role in power distribution
Economist Prof Godfred Bokpin has highlighted critical challenges facing Ghana’s energy sector and called for urgent structural reforms, including private sector participation.
Speaking on JoyNews’...
Moody’s downgrades US credit rating citing rising debt
The US has lost its last triple-A credit score from a major ratings firm after being downgraded by Moody's, which cited growing federal debt...
Gov’t to acquire 200,000 hectares for cocoa plantations to boost production – Finance Minister
The Minister for Finance, Dr. Cassiel Ato Forson, has announced an ambitious government plan to acquire 200,000 hectares of land for cocoa plantations as...
11-Member Ghana Cocoa Board inaugurated with pledge to revive sector
An eleven-member Board of Directors for the Ghana Cocoa Board (COCOBOD) has been officially inaugurated at a brief but significant ceremony held at the...
MPs push for intervention amid worsening cement shortage
Ghana is currently facing a nationwide cement shortage that has caused sharp price hikes and growing concern across the construction sector.
In response, the Chairman...
We’ve already hit IMF target – BoG Deputy Governor declares reserve milestone
The First Deputy Governor of the Bank of Ghana (BoG), Dr. Zakari Mumuni, has stated that Ghana has already exceeded the ambitious reserve target...
GNPC Ag. CEO outlines strategic upstream reset at Africa Energies Summit
At the 8th edition of the Africa Energies Summit, Kwame Ntow Amoah, Acting CEO of the Ghana National Petroleum Corporation (GNPC), presented a forward-looking...
Fuel prices to witness biggest drop of 8% today
Prices of Petroleum Products Set for Biggest Drop at Pumps Today, May 16, 2025.
According to the Chamber of Oil Marketing Companies (COMAC) Pricing Outlook...
Finance and Energy expert urges support for new gas plant
Ghana’s economic and energy future stands at a pivotal moment as government plans for a Second Gas Processing Plant (GPP II) move forward.
According to...
BoG settles brouhaha on over-the-counter dollar withdrawal
The Bank of Ghana (BoG) has clarified that existing rules on foreign exchange withdrawals remain in force.
This follows claims by BoG board member and...
Bank of Ghana clarifies Foreign Exchange withdrawal rules
The Bank of Ghana has reaffirmed its existing regulations on foreign exchange withdrawals under its mandate from the Foreign Exchange Act, 2006 (Act 723).
In...
Ghana falls to 20th position in Africa for lowest fuel price
Ghana dropped significantly to the 20th position from the 13th position for the lowest fuel price in Africa.
According to GlobalPetrolPrices.com, Ghana’s average petrol price...
BoG Governor calls for trust-based partnerships to accelerate Fintech and digital initiatives
The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has called for collaboration to promote fintech and digital initiatives to enhance Africa’s...
Some shops, supermarkets slash prices as cedi strengthens
Some major shopping outlets and supermarkets have begun reducing the prices of their products and items on sale due to the cedi’s appreciation against...
We’re guiding the cedi to its true level – Isaac Adongo
Bank of Ghana Board Member Isaac Adongo says the recent calm in the cedi’s volatility is the result of a deliberate and coordinated policy...
Building robust VAT without COVID levy – Adongo
Bank of Ghana Board Member Isaac Adongo has said the government is fully committed to eliminating the unpopular COVID-19 levy and is working towards...
Government, traders agree to cut prices of goods if…
The Ministry of Trade, Agribusiness and Industry, together with key trade associations, has agreed to reduce the prices of finished goods within the next...
Gov’t can’t force price reductions despite cedi gains – Trade Minister
The Minister for Trade, Industry, and Agribusiness, Elizabeth Ofosu-Adjare, says the government cannot compel traders to reduce prices despite recent macroeconomic improvements such as...
Fuel prices to drop by Friday on the back of cedi’s appreciation – COMAC
Prices of petroleum products are expected to drop at the pumps starting Friday, May 16, 2025, the Chamber of Oil Marketing Companies (COMAC) has...
Depoliticise business for national growth – Ayine
Attorney General Dr Dominic Ayine has raised concerns about the increasing politicisation of business in Ghana, calling for a fair and transparent environment that...
Yam prices surge at Dambai market as season unfolds
Dambai Market in the Krachi East Municipality of the Oti Region is currently experiencing a significant surge in yam prices as the harvesting season...
Infrastructure alone not enough for robust payment system – Governor
The Bank of Ghana has indicated that infrastructure alone is not enough to build a robust and efficient payment system in Ghana and across...
Cedi to continue appreciating; one dollar trades at GH¢13.60
The Ghana cedi gained 6.25% week-on-week against the dollar in the retail market, cementing its position as the best currency among a basket of...
Gov’t cannot push price reduction on traders – Trade Minister
Minister for Trade, Industry and Agribusiness, Elizabeth Ofosu-Adjare, says government cannot compel traders to reduce prices despite the recent appreciation of the cedi, but...
New Gas Processing Plant will be a game-changer for Ghana – Finance Minister
Finance Minister Dr. Cassiel Ato Forson has described the planned Second Gas Processing Plant (GPP II) as a game-changing project that will transform the...