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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...

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...

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,...

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...

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...

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 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...

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...

“Big Push” agenda affecting budgetary allocation to petroleum sector agencies – PIAC

The Public Interest and Accountability Committee (PIAC) has cautioned that the decision by government to direct more oil revenues into the “Big Push” infrastructure...

Bank of Ghana’s gold reserves rise to 37.06 tonnes in September 2025

The Bank of Ghana (BoG) has increased its gold reserves to 37.06 tonnes as of September 2025, marking a 21.3 percent rise since the...

NPA boss welcomes Sierra Leone petroleum delegation on study visit

The Chief Executive of the National Petroleum Authority (NPA), Mr Godwin Kudzo Tameklo (Esq.), has welcomed a delegation from the Sierra Leone National Petroleum...

GSS to publish Regional and District GDP figures after 2026 rebasing

The Ghana Statistical Service (GSS) has revealed that it will begin the production of regional and district economic growth figures in 2026. This is expected...

Pan-African Savings and Loans strengthens customer empowerment with financial literacy training

Pan-African Savings and Loans has reaffirmed its dedication to empowering customers through financial education by hosting another edition of its Financial Literacy and Business...

Cut lending rates further to support economic growth – BoG appeals to banks

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has urged commercial banks to further reduce their lending rates to support businesses...

Petroleum Hub project attracts strong investor interest – CEO reveals

The Chief Executive Officer(CEO) of the Petroleum Hub Development Corporation (PHDC), Dr. Tony Aubynn, says the Corporation has secured significant investor interest and partnerships...

Banks ‘write off’ GH¢893m in half-year 2025

Banks in Ghana wrote off GH¢893.0 million in the first-half of 2025, a 14.8% decline compared to the same period in 2024. According to the...

Inflation expected to go down to the medium-term target of 8 ± 2% by the end of 2025

Headline inflation is expected to go down to the medium-term target of 8 ± 2% by the end of 2025, the Bank of Ghana...

Total stock of NPLs for half year hits GH¢20.7bn

The Banking Industry’s Non-Performing Loans (NPLs) increased by 1.3 per cent to reach GH¢20.7 billion in June 2025. This marks a marginal rise from GH¢20.4...

Total petroleum consumption for half year hits 3.6bn litres, despite rising fuel prices

Total consumption of petroleum products for the first half of 2025 has surged to 3.6 billion litres, marking a 17.65% increase compared to 3.07...

Banks’ shareholders funds hit GH¢48.0bn in half-year 2025

Banks' shareholders’ funds increased by 48.5% to GH¢48.0 billion in the first half of 2025, the July 2025 Banking Development Sector report has revealed. This...

Banks profit increased by 32% to GH¢7.2 billion in June 2025

The banking industry’s profit-after-tax increased by 32.6% to GH¢7.2 billion in June 2025, the Bank of Ghana has revealed in its July 2025 Monetary...

Banks credit to private, public sectors dips 142% year-on-year to GH¢4.68bn in June 2025

The banks total credit to the private sector and public institutions dipped to GH¢4.68 billion in June 2025 from GH¢11.35 billion recorded in June...

Sylvia Owusu-Ankomah appointed CEO of Ghana Chamber of Telecommunications 

The Ghana Chamber of Telecommunications and the Digital Chamber of Ghana (DCG) have announced the appointment of Sylvia Owusu-Ankomah as their new Chief Executive...

Inflation for September 2025 drops sharply to 9.4%

The year on year Inflation for September has dropped significantly to 9.4 percent from 11.5 percent in August 2025. This is the lowest since August...

Ghana’s August cocoa arrivals quadrupled on early start to season

Ghana’s cocoa deliveries to warehouses in August more than quadrupled from the same period last year as an accelerated start to the season provided...

Electricity tariff hike will not impact inflation, but .. – Report

The recent a 1.14% hike in electricity tariff with effect from 1st October 2025 will not have inflation in the final quarter of this...

Advertised jobs in print and online media decreased by 15.7% in June 2025 – BoG

The number of jobs advertised in selected print and online media, which partially gauges labour demand in the economy, decreased in June 2025 relative...

Price of petroleum products to go up marginally from October 1

The price of petroleum products is expected to increase marginally at the pumps from Wednesday, October 1, 2025. This follows the latest outlook report by...

OMCs increase fuel prices; petrol now selling at GH¢13.17

More Oil Marketing Companies (OMCs) have increased fuel prices at the pumps this morning, September 30, 2025. This comes almost two weeks after prices were...

Maroon Capital Microfinance crowned CIMG Microfinance Company of the Year

From humble beginnings in the serene hills of Kitase-Aburi in 2013, Maroon Capital Microfinance Limited has grown into a national force, earning the prestigious...

Ghana’s per capita income could triple by 2050 – World Bank

Ghana’s per capita income could triple by 2050 if ambitious reforms are undertaken, the World Bank has revealed in its 2025 Policy Notes on...

DBG audit report sent to Attorney General; Finance Minister vows accountability for mismanagement

The Deloitte Audit Report on the Development Bank of Ghana (DBG) has been forwarded to the Attorney General for the necessary legal steps, with...

ECG reports record GH₵1.74bn revenue in July, assures improved service delivery

The Electricity Company of Ghana (ECG) says it is cutting down on losses and improving revenue mobilisation, having recorded its highest-ever monthly revenue of...

Don’t rush back to Eurobond market, fix the economy first – World Bank to Ghana

The World Bank has cautioned that Ghana must resist the temptation of rushing back to the Eurobond market, warning that such a move would...