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We have adequate dollars to meet market demand – BoG says

The Bank of Ghana (BoG) has assured that it has adequate dollars to meet demand from commercial banks and businesses in the country. The central...

Prof Peter Quartey dismisses claims of US dollar shortage in Ghana’s banking sector

The Director of the Institute of Statistical, Social and Economic Research (ISSER), Prof Peter Quartey, has dismissed claims of a US dollar shortage in...

Finance Minister to present Mid-Year Budget Review on July 24, 2025

Finance Minister Dr. Cassiel Ato Forson is set to present the 2025 Mid-Year Budget Review to Parliament on Thursday, July 24. The presentation is in...

Gov’t in talks to renegotiate IPP agreements for sector stability – John Jinapor

The Minister for Energy and Green Transition, John Jinapor, has revealed that the government is engaging Independent Power Producers (IPPs) to renegotiate contract terms...

Ghana–Turkey trade nears $900m as Istanbul hosts 2025 WCI Forum

Trade between Ghana and Turkey reached nearly USD 888 million in 2023, with Ghana exporting over USD 614 million worth of gold and Turkey...

Circle traders warn foreigners to stay away from retail business

The Chairman of the Circle Traders Association (MPADA), Eric Gyamfi, has issued a stern warning to foreigners engaged in retail trade in Ghana, urging...

GUTA assures price reduction if…

The Ghana Union of Traders Association (GUTA) has pledged to swiftly reduce prices of goods if the government effectively addresses the high shipping charges...

Cedi to end 2025 at GH¢11.45 to the dollar on interbank market – IC Research

The Ghana cedi is projected to close the year at GH¢11.45 against the US dollar on the interbank market. This is according to IC Research,...

Don’t rush to cut policy rate – Economist warns BoG

An economist at the University of Ghana, Dr. Adu Owusu-Sarkodie, has cautioned the Bank of Ghana (BoG) against rushing to reduce the monetary policy...

The dollar is not a legal tender in Ghana, you have right to reject it as medium of payment – BoG Governor

The Governor of the Bank of Ghana (BoG) Dr. Johnson Asiama has categorically stated that the dollar is not a legal tender in Ghana...

“Data must be treated as core infrastructure” to achieve SDG 8 – Government Statistician

Government Statistician, Dr. Alhassan Iddrisu, has issued a compelling call to action at the High-Level Political Forum on Sustainable Development in New York, urging...

Energy sector showing signs of stability – John Jinapor

Ghana’s Minister for Energy and Green Transition, John Abdulai Jinapor, says the country’s energy sector is showing encouraging signs of stability and recovery. Speaking at...

Implementation of GH₵1 fuel levy pushes prices of petroleum products up

The implementation of the one cedi fuel levy which commenced today July 16, 2025 has pushed prices of petroleum products up at some pump...

Agric Minister solicits CSIR expertise to modernize agriculture

The Minister for Food and Agriculture, Eric Opoku, has called on the Council for Scientific and Industrial Research (CSIR) to take a leading role...

Bond market: Trading activity GH¢2.12bn, highest since 2023

Trade activities in the secondary bond market surged 75.58% week-on-week, hitting GH¢2.12 billion, marking the highest traded volume since 2023. The prices across the General...

Ghana Shippers Authority drags shipping lines to BoG

The Acting Chief Executive Officer of the Ghana Shippers Authority, Professor Ransford Gyampo, has disclosed that some shipping companies have been reported to the...

Use data from BoG to make cedi projections, not predictions from ‘Zamerama’ – Governor Asiama

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has appealed to the public to disregard projections and speculations bandied about by...

Ghana records GH₵ 4.14b trade surplus – BoG Governor

Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has revealed that Ghana recorded a trade surplus of GH₵4.14 billion in the...

BoG considers gold price hedging to protect export revenue – Dr. Asiama

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has revealed that the Central Bank is considering a gold price hedging programme...

We can’t stop crypto, but… – BoG Governor

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has declared a major shift in the country's approach to cryptocurrencies, stating that...

BoG to finalize regulatory framework for cryptocurrency platforms

In a significant move to bring Ghana’s cryptocurrency industry under formal oversight, the Bank of Ghana (BoG) has announced that it is finalizing a...

BoG Governor attributes cedi gains to policy coordination and investor confidence

The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has credited the recent appreciation of the Ghanaian cedi to four key economic...

Forex market intervention for 2025 Q1 has not depleted our reserves – BoG

The Bank of Ghana (BoG) has maintained that its foreign exchange (forex) market intervention for the first quarter of 2025 has not depleted its...

Government met only 3 of 11 structural benchmarks but… – IMF

The government of Ghana met only three out of eleven structural benchmarks (SBs) agreed upon with the International Monetary Fund (IMF) between January and...

BoG intervened with $1.4bn in the forex market in 2025 first quarter

The Bank of Ghana sold $1.4 billion in foreign exchange during the first quarter of 2025, according to the latest International Monetary Fund (IMF)...

GH₵1 fuel levy kicks in July 14 – Energy Ministry

The Ministry of Energy has reaffirmed that the GH₵1 fuel levy will take effect from Monday, July 14, as part of the government’s efforts...

Savings and Loans sector sees 27% growth in lending

Ghana’s savings and loans sector recorded a significant increase in lending, rising from GH¢1.7 billion in 2023 to GH¢2.1 billion as of December 2024....

No room for excessive salaries in State-Owned Enterprises – Ato Forson warns CBG Board

Finance Minister Dr Cassiel Ato Forson has issued a stern warning to the newly inaugurated board of Consolidated Bank Ghana Limited (CBG), stressing that...

Gov’t to recapitalise ADB in 2026 – Finance Minister

Finance Minister Dr Cassiel Ato Forson has assured that the government will recapitalise the Agricultural Development Bank (ADB) in 2026 as part of efforts...

Finance Minister Ato Forson inaugurates new ADB Board, tasks members to focus on agriculture

Finance Minister Dr. Cassiel Ato Forson has inaugurated a new Board of Directors for the Agricultural Development Bank (ADB), urging them to stay focused...

Bank of Ghana spent GH¢206 million on travel in 2024, double the 2023 figure

The Bank of Ghana’s 2024 Annual Report, released on Monday, July 7, has revealed that the central bank spent GH¢206 million on official travel...

Government has made a bold step to recapitalise NIB – Finance Minister

Finance Minister Dr Cassiel Ato Forson has announced that the government has taken a decisive step to recapitalise the National Investment Bank (NIB) in...

NIB will operate with independence and professionalism under new board – Finance Minister

Finance Minister Dr. Cassiel Ato Forson has assured that the National Investment Bank (NIB) will be repositioned to operate with the independence and professionalism...

Finance Minister inaugurates reconstituted NIB Board

Finance Minister Dr. Cassiel Ato Forson has inaugurated a newly reconstituted nine-member Board of Directors for the National Investment Bank (NIB), signalling a new...

Ghana secures $30 million grant from China

On the express instructions of President John Dramani Mahama, a new Chinese grant will be used to construct a modern market in Aflao, fulfilling...

Star Oil consolidates position as market leader, overtaking GOIL – NPA

Indigenous oil marketing firm Star Oil has consolidated its position as the industry leader in the sale of petroleum products in Ghana for the...

TOR clarifies premix fuel composition amid public concerns

The Tema Oil Refinery (TOR) has clarified the composition and production process of premix fuel following public calls for greater technical understanding of the...

70% of Ghanaian CEOs confident of economic growth in 2025 – PwC Survey

The 28th Annual CEO Survey published by auditing and accounting firm PwC has revealed that 70 percent of Chief Executive Officers (CEOs) in Ghana...

Ato Forson calls for ruthless action against gold smugglers

Finance Minister Dr Cassiel Ato Forson is calling for firm and uncompromising action against individuals and networks involved in gold smuggling, describing them as...

Ato Forson pledges support for Goldbod

Finance Minister Dr. Cassiel Ato Forson has pledged his unwavering support to the Ghana Gold Board (Goldbod) in its efforts to clamp down on...