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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...

Access Bank Ghana appoints Pearl Nkrumah as first female MD

Access Bank Ghana has named Pearl Nkrumah as its new Managing Director, effective October 1, 2025, making her the first woman to lead the...

Mahama rings Nasdaq Opening Bell, showcases Ghana as global investment hub

President John Dramani Mahama on September 24, 2025, rang the opening bell at the Nasdaq Stock Exchange in New York, showcasing Ghana’s commitment to...

President Mahama assigns MiDA as chief coordinator for global grants

President John Dramani Mahama has formally designated the Millennium Development Authority (MiDA) as the government’s primary focal institution for coordinating philanthropic and grant-based partnerships. In...

Institute of Chartered Accountants Ghana honours COP Maame Yaa Tiwaa

The Institute of Chartered Accountants, Ghana (ICAG), has honoured the former President of the Association of Women Accountants, Ghana (AWAG), COP Maame Yaa Tiwaa...

It is politics, not truth – Bryan Acheampong clashes with Joseph Aidoo over Cocoa Loan Policy

Former Minister of Food and Agriculture and NPP Flagbearer aspirant, Bryan Acheampong, has fired back at former COCOBOD CEO Joseph Boahen Aidoo over claims...

4 out of 6 MPC members voted for 350bps cut in policy rate – BoG

Four out of the six members of the Monetary Policy Committee of the Bank of Ghana voted for the policy rate to be cut...

Financial literacy is not just a personal asset; it is a national necessity -BoG Deputy Governor

The First Deputy Governor of the Bank of Ghana, Dr. Zakaria Mumuni, has underscored the importance of deepening financial literacy across all sectors of...

BoG’s historic big cut faces tariffs, external shocks, and bank risks

The Bank of Ghana has delivered its largest rate cut in recent years, slashing the policy rate by 350 basis points to 21.5 per...

Bank of Ghana expects single digit inflation to be achieved before end of 2025

The Bank of Ghana (BoG) has revealed that it expects Ghana to record single-digit inflation before the end of 2025. According to the Central Bank,...

Mahama urges UK Businesses to use Ghana as AfCFTA hub

Former President John Dramani Mahama has urged UK businesses to expand their investments in Ghana, highlighting the nation’s political stability and growing economy as...

BoG expects policy rate cut to lower lending costs by October

The Bank of Ghana (BoG) says its recent policy rate cut is expected to ease the cost of credit and bring down lending rates...

DVLA board chair targets significant revenue boost by 2028

The Driver and Vehicle Licensing Authority (DVLA) has set an ambitious target to significantly boost its revenue by 2028 as part of a broader...

Gov’t ready to work with employers to create more jobs – Labour Minister

Government has pledged its readiness to partner with the Ghana Employers Association (GEA) in addressing employment challenges and creating more job opportunities for Ghanaians. The...

Monetary Policy Committee of BoG cuts policy rate to 21.5%

The Monetary Policy Committee of the Bank of Ghana (BoG) has reduced the policy rate by 350 basis points to 21.5% from 25%. The Governor...

Producer inflation hits lowest level in nearly two years as Dr. Forson’s policies deliver results

Ghana’s economic stability agenda under Finance Minister Dr. Cassiel Ato Forson has achieved another milestone, with the Producer Price Index (PPI) recording a sharp...

Borrowing will only fund transformative projects as debt sustainability improves – Finance Minister

Finance Minister Dr. Cassiel Ato Forson has assured that Ghana’s borrowing strategy will remain disciplined and targeted at transformative initiatives, as the country records...

Producer Price Inflation for August 2025 declines to 3%

The Year-on-Year producer price inflation (PPI) for August 2025, declined to 3.0%, from 3.6% in July. This represents a 0.6 percentage points decline. This means...

Ghana’s public debt hits GH¢628.8bn in July 2025 – BoG

Ghana’s public debt stock rose by GH¢15.8 billion in July 2025, reaching GH¢628.8 billion, according to new data from the Bank of Ghana. This represents...