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Mid-Year Budget Review: Inshallah, President Mahama will deliver – Ato Forson assures Ghanaians

Finance Minister, Dr Cassiel Ato Forson, has expressed confidence in President John Dramani Mahama’s ability to fulfil his promises to the Ghanaian people, assuring...

Mid-Year Budget: Gov’t bans award of contracts in foreign currency

The government has announced a ban on the pricing and awarding of public contracts in foreign currency as part of efforts to stabilize the...

Mid-Year Budget Review: Ghana adds $2.14bn to reserves without external borrowing – Ato Forson

Finance Minister Dr. Cassiel Ato Forson has announced that Ghana has increased its gross international reserves by $2.14 billion within the first half of...

Mid-Year Budget Review: Ghana saves GHC4.9bn as T-Bill rates drop sharply – Ato Forson

Finance Minister Dr. Cassiel Ato Forson has reported strong gains in Ghana’s fiscal performance, highlighting significant reductions in Treasury Bill (T-Bill) rates and savings...

Mid-Year Budget Review: We inherited a broken economy, but… – Ato Forson

Finance Minister Dr. Cassiel Ato Forson has attributed the economic hardship caused by the Domestic Debt Exchange Programme (DDEP) to what he described as...

We will take decisive measures to halt dollarisation of the economy- BoG Governor

The Governor of the Bank of Ghana (BoG) Dr. Johnson Asiama has assured that decisive measures will be taken to help halt dollarisation of...

NPA holds second stakeholder consultation on draft petroleum consumer complaint guidelines

The National Petroleum Authority (NPA) has convened a second stakeholder consultation session to deliberate on a draft guideline designed to streamline how Petroleum Service...

22% of Ghanaian adults borrow from mobile money – World Bank report

Twenty –two percent of adults in Ghana borrow from mobile money providers. According to the World Bank’s 2025 Global Findex Report, 74% are formal borrowers. “In...

Prices of some imported goods could be reduced in coming weeks – GIFF assures

The Ghana Institute of Freight Forwarders (GIFF) has revealed that prices of some imported goods could be reduced in the coming weeks following new...

Ghana likely to end 2025 with inflation rate in single digit – Deloitte

Ghana is likely to end 2025 with an inflation rate in single digits, below the Bank of Ghana's revised end-2025 target of 12%, Deloitte...

IMF backs removal of COVID-19 levy as new tax reforms receive high approval rate

The government's move to remove the COVID-19 levy from the country’s tax laws has received a strong endorsement from the International Monetary Fund (IMF),...

Bond market: Activities declined marginally to GH¢2.06bn

Activities in the secondary bond market declined by 2.63% week-on-week to GH¢2.06 billion. Trading remained concentrated in the General Category bonds, with the February 2027...

Ghana’s cocoa export volumes fall sharply by 50% despite rise in earnings in 2024 – Auditor General report

Ghana recorded a steep drop in cocoa bean exports in 2024, even though total earnings from the commodity rose significantly. This is according to...

We have adequate dollars to meet market demand – BoG says

The Bank of Ghana (BoG) has assured that it has adequate dollars to meet demand from commercial banks and businesses in the country. The central...

Prof Peter Quartey dismisses claims of US dollar shortage in Ghana’s banking sector

The Director of the Institute of Statistical, Social and Economic Research (ISSER), Prof Peter Quartey, has dismissed claims of a US dollar shortage in...

Finance Minister to present Mid-Year Budget Review on July 24, 2025

Finance Minister Dr. Cassiel Ato Forson is set to present the 2025 Mid-Year Budget Review to Parliament on Thursday, July 24. The presentation is in...

Gov’t in talks to renegotiate IPP agreements for sector stability – John Jinapor

The Minister for Energy and Green Transition, John Jinapor, has revealed that the government is engaging Independent Power Producers (IPPs) to renegotiate contract terms...

Ghana–Turkey trade nears $900m as Istanbul hosts 2025 WCI Forum

Trade between Ghana and Turkey reached nearly USD 888 million in 2023, with Ghana exporting over USD 614 million worth of gold and Turkey...

Circle traders warn foreigners to stay away from retail business

The Chairman of the Circle Traders Association (MPADA), Eric Gyamfi, has issued a stern warning to foreigners engaged in retail trade in Ghana, urging...

GUTA assures price reduction if…

The Ghana Union of Traders Association (GUTA) has pledged to swiftly reduce prices of goods if the government effectively addresses the high shipping charges...

Cedi to end 2025 at GH¢11.45 to the dollar on interbank market – IC Research

The Ghana cedi is projected to close the year at GH¢11.45 against the US dollar on the interbank market. This is according to IC Research,...

Don’t rush to cut policy rate – Economist warns BoG

An economist at the University of Ghana, Dr. Adu Owusu-Sarkodie, has cautioned the Bank of Ghana (BoG) against rushing to reduce the monetary policy...

The dollar is not a legal tender in Ghana, you have right to reject it as medium of payment – BoG Governor

The Governor of the Bank of Ghana (BoG) Dr. Johnson Asiama has categorically stated that the dollar is not a legal tender in Ghana...

“Data must be treated as core infrastructure” to achieve SDG 8 – Government Statistician

Government Statistician, Dr. Alhassan Iddrisu, has issued a compelling call to action at the High-Level Political Forum on Sustainable Development in New York, urging...

Energy sector showing signs of stability – John Jinapor

Ghana’s Minister for Energy and Green Transition, John Abdulai Jinapor, says the country’s energy sector is showing encouraging signs of stability and recovery. Speaking at...

Implementation of GH₵1 fuel levy pushes prices of petroleum products up

The implementation of the one cedi fuel levy which commenced today July 16, 2025 has pushed prices of petroleum products up at some pump...

Agric Minister solicits CSIR expertise to modernize agriculture

The Minister for Food and Agriculture, Eric Opoku, has called on the Council for Scientific and Industrial Research (CSIR) to take a leading role...

Bond market: Trading activity GH¢2.12bn, highest since 2023

Trade activities in the secondary bond market surged 75.58% week-on-week, hitting GH¢2.12 billion, marking the highest traded volume since 2023. The prices across the General...

Ghana Shippers Authority drags shipping lines to BoG

The Acting Chief Executive Officer of the Ghana Shippers Authority, Professor Ransford Gyampo, has disclosed that some shipping companies have been reported to the...

Use data from BoG to make cedi projections, not predictions from ‘Zamerama’ – Governor Asiama

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has appealed to the public to disregard projections and speculations bandied about by...

Ghana records GH₵ 4.14b trade surplus – BoG Governor

Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has revealed that Ghana recorded a trade surplus of GH₵4.14 billion in the...

BoG considers gold price hedging to protect export revenue – Dr. Asiama

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has revealed that the Central Bank is considering a gold price hedging programme...

We can’t stop crypto, but… – BoG Governor

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has declared a major shift in the country's approach to cryptocurrencies, stating that...

BoG to finalize regulatory framework for cryptocurrency platforms

In a significant move to bring Ghana’s cryptocurrency industry under formal oversight, the Bank of Ghana (BoG) has announced that it is finalizing a...

BoG Governor attributes cedi gains to policy coordination and investor confidence

The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has credited the recent appreciation of the Ghanaian cedi to four key economic...

Forex market intervention for 2025 Q1 has not depleted our reserves – BoG

The Bank of Ghana (BoG) has maintained that its foreign exchange (forex) market intervention for the first quarter of 2025 has not depleted its...

Government met only 3 of 11 structural benchmarks but… – IMF

The government of Ghana met only three out of eleven structural benchmarks (SBs) agreed upon with the International Monetary Fund (IMF) between January and...

BoG intervened with $1.4bn in the forex market in 2025 first quarter

The Bank of Ghana sold $1.4 billion in foreign exchange during the first quarter of 2025, according to the latest International Monetary Fund (IMF)...

GH₵1 fuel levy kicks in July 14 – Energy Ministry

The Ministry of Energy has reaffirmed that the GH₵1 fuel levy will take effect from Monday, July 14, as part of the government’s efforts...

Savings and Loans sector sees 27% growth in lending

Ghana’s savings and loans sector recorded a significant increase in lending, rising from GH¢1.7 billion in 2023 to GH¢2.1 billion as of December 2024....