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BoG bans dollar pricing for school fees, rent, airline tickets, and more

The Bank of Ghana (BoG) has warned the public that all unauthorized foreign exchange transactions—including black market dealings, pricing, quoting, advertising, issuing receipts, and...

BoG revises rules on foreign currency imports and exports

The Bank of Ghana (BoG) has announced amendments to the rules governing the import and export of foreign currency, effective September 1, 2025, as...

Ghana, Japan strengthen SME cooperation as GEA CEO Margaret Ansei engages in talks at TICAD 9

The Chief Executive Officer of the Ghana Enterprises Agency (GEA), Margaret Ansei, has held bilateral talks with Japan’s Small and Medium Enterprises Agency on...

Forex scarcity fuelling mafia-style auctions at our ports – IEAG warns of mass action

The Importers and Exporters Association of Ghana (IEAG) has expressed serious concern over what it describes as a “mafia” system of illegal auctions at...

Cedi still wobbly despite appreciation – Abena Osei Asare

Former Deputy Finance Minister and Chairperson of the Public Accounts Committee (PAC), Abena Osei Asare, has expressed concern over the continued instability of the...

Ghana open for Business 24/7 under new economic strategy – Mahama

President John Dramani Mahama has assured international investors that Ghana is “open for business round the clock” as the government rolls out its ambitious...

Cedi crosses GH¢11 to US dollar amid supply pressures

The Ghana cedi has crossed GH¢11 to the US dollar, according to commercial bank quotes. Checks by Joy Business show that while some banks are...

NPA engages industry players on Draft Petroleum Bill

The National Petroleum Authority (NPA) convened a stakeholder forum in Accra on Monday, August 25, to deliberate on the draft NPA Bill, as part...

Ghana poised to expand partnerships in textiles, automotive, and green economy

Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has called on Japanese businesses to scale up their investments in Ghana, positioning the country as...

Expert panel calls for urgent reforms to Ghana’s PPP framework

An expert panel of policymakers, academics, private sector leaders, and civil society organizations has called for urgent reforms to Ghana’s Public-Private Partnership (PPP) regulatory...

MiDA backs Trump-era MCC strategy, pledges commitment despite past $190m setback

The Millennium Development Authority (MiDA), the agency responsible for implementing the Millennium Challenge Corporation (MCC) programmes in Ghana, has pledged full support for the...

Bank of Ghana scales back forex interventions amid cedi appreciation

The Bank of Ghana has scaled back both the size and frequency of its foreign exchange interventions in the forex market. During the second quarter...

Modified taxes, digital surveillance to transform Ghana’s tax system – GRA

Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Kwasi Sarpong, says Ghana’s tax landscape is set to be transformed by two key interventions: modified...

Mahama arrives in Singapore for visit aimed at deepening partnership

President John Dramani Mahama has arrived in Singapore for a three-day visit aimed at strengthening bilateral cooperation, expanding trade and investment, and advancing partnerships...

Leadership is cause, everything else is effect: An analysis of BoG’s directive on large forex cash withdrawals

The Bank of Ghana’s (BoG) recent directive restricting large foreign exchange (forex) cash withdrawals from commercial banks is a timely and strategic measure aimed...

Union leaders must put workers first – Francis Ahovi

Security analyst and governance advocate, Francis Ahovi, has called for urgent reforms within Ghana’s labour unions, warning that self-serving actions by some union leaders...

Importers can now pay duties online weeks before goods arrive – GRA

Importers in Ghana can now pay their duties online weeks before their goods arrive at the port, Commissioner-General of the Ghana Revenue Authority (GRA),...

Effective VAT rate to be reduced to 20 percent in 2026 Budget

The final Value Added Tax (VAT) rate that will be paid by businesses is expected to be reduced from 22% to 20 % from...

Tema Port now fully 24/7: Importers can clear goods even at 2 a.m.

Tema Port has officially become a 24-hour operation, allowing importers to clear goods even at 2 a.m., according to Commissioner-General of the Ghana Revenue...

Explainer: Why BoG is preventing large companies from withdrawing dollars they never deposited

On August 20, 2025, the Bank of Ghana (BoG) issued a directive to banks aimed at protecting the cedi’s stability against major foreign currencies. The...

Mahama meets Japanese PM; discusses 3 key issues to deepen cooperation

Ghana and Japan have signalled a renewed commitment to strengthen economic relations and accelerate critical infrastructure projects following a bilateral meeting between President John...

Mahama urges African leaders to create business-friendly environment for foreign investments

President John Dramani Mahama has urged African leaders to build a conducive business climate to attract foreign investment as a means of strengthening local...

We are committed to supporting the Business Community – BoG Governor assures

Governor of the Bank of Ghana, Dr. Johnson Asiama, has given firm assurance that the Central Bank remains committed to supporting the business community...

Manufacturing alone won’t save us – Mahama urges investment in creative and digital sectors

President John Mahama has cautioned African leaders not to rely on manufacturing and agriculture alone to solve the continent’s unemployment crisis. Speaking at the Private-Public...

BoG directs banks to halt foreign currency payments to large corporates without deposits

The Bank of Ghana (BoG) has directed commercial banks, with immediate effect, to halt the payment of foreign currency cash to large corporates if...

Mahama co-chairs TICAD IX session, calls for reforms to attract investments

President John Dramani Mahama on Thursday co-chaired the second plenary session on the theme “Economy: Co-create Innovative Solutions with Africa”. This is at the ongoing 9th...

Ghanaian cocoa farmers enjoy highest farmgate price in West Africa – COCOBOD

The Ghana Cocoa Board (COCOBOD) has refuted claims that cocoa farmers in Côte d’Ivoire are receiving higher farmgate prices than their Ghanaian counterparts. In a...

Producer price inflation fall to 3.8% in July 2025

Ghana’s Producer Price Inflation (PPI) went down by 2.0 percentage points to 3.8% in July 2025. This was the 6th consecutive month of decline and...

Mahama touts cedi stability, ratings upgrade and open-door investment reforms in Japan

President John Mahama has highlighted Ghana’s economic recovery and renewed investment appeal, touting the cedi’s stability, a sovereign ratings upgrade, and new reforms to...

Minority criticises BoG’s sterilisation policy, urges pro-growth measures

The Minority in Parliament has criticised the Bank of Ghana’s (BoG) sterilisation policy, describing it as harmful to economic growth. They are urging the government...

Mahama touts ‘Big Push’ agenda, urges Japan to invest in energy, agribusiness and manufacturing

President John Mahama has called on Japanese businesses to seize investment opportunities in Ghana as part of the country’s bold economic transformation agenda anchored...

DDEP: Big pay day for bondholders as gov’t disburses GH¢9.7 billion

The Government of Ghana has pumped a staggering GH¢9.7 billion into the economy in its latest coupon payment under the Domestic Debt Exchange Programme...

Finance Minister inaugurates Ghana Gold Board Tribunal

The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated the Ghana Gold Board (GoldBod) Tribunal. The ceremony was attended by Deputy Finance Minister Thomas...

Cedi appreciates against dollar in retail market but depreciates on interbank market

The Ghana cedi appreciated marginally against the US dollar in the retail market but depreciated against the American greenback on the interbank market. According to...

Ghana’s poor score in ‘B-READY’ impedes private sector investments – World Bank

Ghana’s poor score in the World Bank’s B-READY categories signals challenges to creating an enabling environment that encourages private sector investment, the World Bank...

250 constituents in North Dayi to benefit from MP’s Agrogrowth initiatives

Member of Parliament for North Dayi, Joycelyn Quashie, under her Agrogrowth Project, has partnered with experts in agriculture and agribusiness to launch a comprehensive...

World Bank: Ghana’s disinflation gains momentum as cedi strengthens

Ghana has successfully resumed its disinflationary path in 2025, with a significant decline in headline inflation driven by tight monetary policy, a stronger currency,...

Ghana’s economy showed resilience in 2024 – World Bank Group

Ghana’s economy demonstrated remarkable resilience in 2024, with Gross Domestic Product (GDP) growth reaching 5.7 per cent, according to the World Bank Group’s 9th...

World Bank projects 0.6% GDP revenue boost if Ghana fully implements 2025 tax measures

The World Bank has projected that Ghana could gain additional revenue equivalent to at least 0.6 percent of GDP in 2025 if the government...

BoG celebrated as gold-standard for central management of commodities

The Bank of Ghana (BoG) is backing plans to expand domestic gold refining and value addition as part of a strategy to strengthen the...