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Taptap Send resumes money transfer services to Ghana after BoG suspension

Taptap Send has officially resumed its money transfer operations to Ghana following a brief suspension by the Bank of Ghana (BoG). The company announced that...

Mahama to launch Cedi@60 celebration at AICC

President John Dramani Mahama will on Tuesday, October 28, 2025, launch the Cedi@60 celebration at the Accra International Conference Centre (AICC). The event, themed “60...

Total credit decline 39% year-on-year to GH¢8.6bn in August

 Total net credit flows declined to GH¢8.660 billion in August 2025, compared with GH¢14.247 billion recorded in August 2024. The decline was driven primarily by...

Domestic debt outpaces external debt, stood at GH¢323.7bn in July

The continuous huge borrowing on the domestic market culminated in Ghana’s domestic debt outpacing external debt for the first time in several years. According to...

COCOBOD inaugurates three strategic committees to strengthen transparency and sustainability

The Chairman of the Board of Directors of Ghana Cocoa Board (COCOBOD), Dr. Samuel Ofosu-Ampofo, has inaugurated three key sub-committees aimed at promoting transparency,...

GoldBod opens applications for jewellery and refinery licenses

The Ghana Gold Board (GoldBod) has officially opened applications for Jewellery and Fabrication Licenses (Categories A, B, and C) as well as Refinery Licenses,...

Banks clarify role in import declaration process

The Ghana Association of Banks (GAB) has dismissed reports suggesting irregularities in the handling of Import Declaration Forms (IDFs) by some banks, clarifying that...

Gov’t to prioritise fiscal discipline and job creation in 2026 Budget

The government says it will prioritise fiscal discipline and job creation in the 2026 Budget as part of efforts to consolidate Ghana’s economic stability...

Engineers & Planners completes $100m payment for Azumah Resources acquisition

Azumah Resources Ghana Limited has officially transitioned to full Ghanaian ownership following the successful acquisition of the company by Engineers & Planners Company Limited...

IMF Board to consider Ghana’s 5th programme review in Dec, approves $380m disbursement

The Executive Board of the International Monetary Fund (IMF) is expected to meet in the first week of December to consider Ghana’s Fifth Programme...

Government unveils plan to create 500,000 jobs through expansion of economic crops like oil palm

The Government of Ghana is set to roll out a major agriculture-driven jobs initiative aimed at creating over 500,000 employment opportunities nationwide, as part...

Ghana’s monthly economic growth slows to 4.5% in July 2025 – GSS

Ghana’s economy expanded by 4.5% in July 2025, according to the latest Monthly Indicator of Economic Growth (MIEG) released by the Ghana Statistical Service...

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...