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Finance Minister lays four key 2025 fiscal and energy reports before parliament

Finance Minister Cassiel Ato Forson has laid four major statutory reports before Parliament, providing updates on Ghana’s energy sector finances, petroleum revenues, public debt...

SMG opposes ECG privatisation, backs organised labour

The Socialist Movement of Ghana (SMG) has declared its opposition to any form of privatisation or private sector participation in the Electricity Company of...

We will come after you – GAB warns fraudsters as Anti-Fraud Campaign is launched

The Chief Executive Officer of the Ghana Association of Banks (GAB), John Awuah, has issued a strong warning to fraudsters, saying authorities will relentlessly...

Gideon Boako flags banking sector tension ahead of crunch talks with BoG Governor

Member of Parliament for Tano North and Deputy Ranking Member on Parliament’s Finance Committee, Dr Gideon Boako, has raised concerns ahead of a crucial...

FFAG welcomes BoG’s directive suspending proposed 0.75% wallet-to-bank transfer charges

The Freight Forwarders Association of Ghana (FFAG) has taken note of the proposed introduction of a 0.75% charge on wallet-to-bank transfers by Mobile Money...

Bank of Ghana suspends Mobile Money’s planned 0.75% wallet-to-bank transfer fee

The Bank of Ghana has directed Mobile Money Fintech Limited to suspend its proposed 0.75% fee on direct wallet-to-bank transfers, halting a charge that...

MTN introduces 0.75% charges on MoMo-to-bank transfers effective June 1

Telecommunications company MTN Ghana has announced new charges on transfers from Mobile Money (MoMo) wallets to bank accounts, set to take effect from June...

Jomoro MP Dorcas Affo-Toffey visits PHDC to assess petroleum hub progress

The Member of Parliament for the Jomoro Constituency in the Western Region, Dorcas Affo-Toffey, has paid a working visit to the Petroleum Hub Development...

No cause for alarm over recent cedi depreciation — Prof Asuming

Economist and University of Ghana lecturer, Prof Patrick Asuming, has urged calm over the recent depreciation of the Ghana cedi, insisting that the currency...

COSSA-CHED holds maiden 2026 NEC meeting, intensifies farmer outreach in Eastern Region

The 2026 maiden NEC meeting of COSSA-CHED was held at Akyem-Tafo in the Eastern Region. The meeting also featured a field engagement with the...

BoG awaits legal advice on next steps after court orders restoration of GN Savings and Loans licence

The Bank of Ghana (BoG) is awaiting legal advice from its external lawyers and the Receiver of the defunct financial institution before deciding on...

BoG policy rate hold confirms inflation to trend upwards – IC Insights

IC Insights, a leading research firm, has stated that the Bank of Ghana’s latest policy rate hold confirms its longstanding view that inflation is...

Rising fuel costs pose risk to Ghana’s inflation outlook – Deloitte

Rising fuel costs pose a risk to Ghana’s 2026 inflation outlook, as high oil prices will pass through into elevated energy costs and transport...

T-bills: Government records 5.9% undersubscription, interest rates decline marginally

The government failed to meet its treasury bills target last week, as demand was moderate. According to auction results by the Bank of Ghana, the...

Slump continues as cedi becomes worst-performing currency in sub-Saharan Africa

Ghana's cedi, which has suffered a steady decline in recent weeks, has now become the worst-performing currency in sub-Saharan Africa and one of the...

Women’s Development Bank proposal to go before Cabinet – Mahama

President John Dramani Mahama has disclosed that Vice President Jane Naana Opoku-Agyemang is expected to present a formal resolution on the proposed Women’s Development...

Gov’t targets petroleum upstream recovery after five years of consecutive decline

The Ministry of Energy has projected a major turnaround for Ghana’s upstream petroleum sector, forecasting a decisive rebound in crude oil production after five...

Gideon Boako predicts an increase in bank charges from June 4

The Member of Parliament for Tano North and Deputy Ranking Member on Parliament’s Finance Committee, Gideon Boako, has claimed that bank charges in Ghana...

BoG confident cedi stability will be sustained

Governor of the Bank of Ghana, (BoG) Dr Johnson Asiama, says the country is unlikely to return to the period of persistent cedi depreciation...

We need a fair, transparent pricing structure that reflects the true cost of sustainable production – COCOBOD CEO

The Ghana Cocoa Board (COCOBOD) has called on international partners and cocoa buyers to institute a fair and transparent pricing structure that ensures sustainability...

Ghana to host 2027 World Cocoa Foundation Partnership Meeting

The World Cocoa Foundation (WCF) and the Ghana Cocoa Board (COCOBOD) have announced that Ghana will host the 2027 World Cocoa Foundation Partnership Meeting. The...

Dr Gideon Boako links Bank of Ghana losses to Cash Reserve Ratio policy changes

The Member of Parliament for Tano North and Ranking Member on Parliament’s Finance Committee, Dr Gideon Boako, has attributed the reported financial losses of...

Policy rate at 14%: Middle East crisis is the elephant in the room – BoG boss

The Governor of the Bank of Ghana, Johnson Pandit Asiamah, has defended the decision by the Monetary Policy Committee (MPC) to maintain the policy...

Mobile Money transactions hit GH¢493.2bn in April 2026 – BoG

Mobile money transactions in Ghana reached a total value of GH¢493.2 billion in April 2026, involving 967 million transactions, according to the Bank of...

We are building reserves not intervening in the market – BoG Governor on cedi pressures

Governor of the Bank of Ghana, Dr. Johnson Asiama, says the central bank is not artificially intervening in the foreign exchange market despite recent...

Cocoa farmers accuse COCOBOD officials of private buying activities

Cocoa farmers have accused some officials of the Ghana Cocoa Board of engaging in private cocoa buying activities which they say are undermining confidence...

24-Hour Economy Secretariat ‘in coma’ – Amin Adam claims

Former Finance Minister and Member of Parliament for Karaga, Mohammed Amin Adam, has alleged that the government’s 24-hour economy initiative has stalled due to...

Amin Adam calls for a private sector-led 24-hour economy

Former Finance Minister, Mohammed Amin Adam, has urged the government to adopt a private sector-led approach to the implementation of the 24-hour economy policy,...

Cedi depreciates 8.4% against dollar as inflation falls to 3.4% – Bank of Ghana data

The Ghana cedi recorded a year-to-date depreciation of 8.4 per cent against the United States dollar by mid-May 2026, even as macroeconomic stability continued...

NADeF supports four Ntotroso residents with GH¢845,000 business start-up capital

The Newmont Ahafo Development Foundation has presented a total of GH¢845,000 to four residents of Ntotroso as start-up capital to support their businesses. The support...

Average lending rate falls sharply to 16.33% in April 2026

Average lending rate have fallen by more than 4.0 percentage points since the beginning of 2026 to 16.33% in April 2026. According to the May...

Ghana’s public debt hits GH¢674.1bn as of February 2026

Ghana’s public debt stock increased to GH¢674.1 billion as of February 2026. This is equivalent to 42.2% of Gross Domestic Product (GDP). In dollar term, the...

NLA warns lotto operators against paying commissions above approved 25% rate

The National Lottery Authority has directed all Lotto Marketing Companies, private lotto operators, collaborators, and licensees to strictly comply with the approved 25 percent...

US$1billion cocoa financing plan to deepen domestic bond market — BoG

The Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, says cocoa purchases for the 2026/2027 crop season will be financed with...

Claims that Ato Forson is withholding funds from ministries are laughable – Deputy Finance Minister

The Deputy Minister of Finance, Thomas Nyarko Ampem, has dismissed claims that Finance Minister Cassiel Ato Forson is refusing to release funds to some...

Government has not requested IMF programme extension – Deputy Finance Minister clarifies

The Deputy Minister of Finance, Thomas Nyarko Ampem, has dismissed claims that the government is seeking another bailout programme from the International Monetary Fund...

We exceeded IMF programme targets without seeking waivers – Deputy Finance Minister

The Deputy Minister of Finance, Thomas Nyarko Ampem, has said the government successfully met and exceeded targets under Ghana’s International Monetary Fund (IMF) programme...

Why Ghana’s export story is no longer about raw cocoa

For decades, Ghana’s export narrative has been defined by one dominant image: raw cocoa beans leaving the shores for processing elsewhere. Cocoa remains a...

BoG undertakes new measures to strengthen the financial sector – Second Deputy Governor

The Second Deputy Governor of the Bank of Ghana (BoG), Matilda Asante-Asiedu, has disclosed that the central bank has rolled out several policy measures...

BOST ready for 24-Hour Economy rollout, assures gov’t of uninterrupted fuel supply

BOST Energies Limited says it is fully prepared to support the government’s 24-Hour Economy policy with the infrastructure and operational capacity needed to ensure...