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Gideon Boako questions Goldbod’s $3bn spending overrun

The Member of Parliament for Tano North and a member of Parliament’s Finance Committee, Dr. Gideon Boako, has raised serious concerns over the financial...

Regulate forex trade to protect cedi gains – Lawyer Yaw Boamah Nyarko

Private legal practitioner Lawyer Yaw Boamah Nyarko has urged urgent regulation of Ghana’s foreign exchange market to sustain the recent gains of the cedi...

BoG reviews monetary policy framework to boost economic stability

The Bank of Ghana has begun a comprehensive review of its monetary policy implementation framework. Governor Dr. Johnson Asiama explained that the central bank is...

Cedi performance: Mahama rules but Bawumia’s ideas reign – Gideon Boako

Member of Parliament for Tano North and aide to former Vice President Dr. Mahamudu Bawumia, Dr. Gideon Boako, has dismissed claims by Sammy Gyamfi,...

Monetary Policy Committee of BoG begins meeting today

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will begin its 124th meeting today to review macroeconomic developments in the country....

Michael Okyere Baafi debunks NDC claims on cement price reduction

Former Deputy Minister of Trade and Industry, Michael Okyere Baafi, has refuted claims by the governing National Democratic Congress (NDC) that cement prices have...

Cocoa Marketing Company Board inaugurated

The nine-member Governing Board of the Cocoa Marketing Company (CMC) Limited has been officially inaugurated, signaling a renewed commitment to operational efficiency, stakeholder empowerment,...

NLA governing board inaugurated

In accordance with Section 36 of the National Lotto Act, 2006 (Act 722), the Deputy Minister of Finance, Thomas Nyarko Ampem, has inaugurated a...

Cedi to end 2025 at GH¢15.50 to one US dollar – Fitch Solutions

The Ghana cedi will end 2025 at GH¢15.50 to one US dollar, with an annual average of GH¢15.30/US dollar, Fitch Solutions has predicted. This forecast...

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...