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Ghana investigated 2,283 forgery cases from 2019 to 2023, 115 charged for money laundering

Ghana investigated 2,283 forgery cases from 2019 to 2023, with 115 charged for Money Laundering (ML), the 2025 Anti-Money Laundering Report has revealed. According to...

Some OMCs adjust prices; diesel now GH¢13.90, petrol GH¢12.99

Some Oil Marketing Companies (OMCs) have begun revising fuel prices in line with industry projections, with petrol prices edging upward while diesel records slight...

Ghana maintains 5th position in Africa’s IMF debt ranking

Ghana was ranked 5th in Africa for outstanding debt to the International Monetary Fund (IMF) as of August 2025, unchanged from July 2025 data. According...

Ghana Link assures stakeholders of ICUMS performance enhancements

Ghana Link Network Services Ltd, operators of the Integrated Customs Management System (ICUMS), has reassured stakeholders of ongoing efforts to strengthen the platform and...

Price of petroleum products expected to go up from September 1

The price of petroleum products is set to go up by some significant margin per litre from Monday, September 1, 2025. This is based on...

BoG designates digital credit services as non-bank financial service

The Bank of Ghana (BoG) has formally designated Digital Credit Services as a Non-Bank Financial Service under the First Schedule of the Non-Bank Financial...

TUC urges gov’t to address rising debt, warns of possible drastic measures

The Trade Union Congress (TUC) of Ghana has called on the government to take immediate steps to address the country’s rising debt, which it...

Greater Accra Region records 115 out of 140 investment projects in 2024

The Greater Accra Region accounted for 115 out of 140 projects registered as investments by the Ghana Investment Promotion Centre (GIPC) in 2024. According to...

Ghana records slight decline in unemployment; youth joblessness remains high

The Ghana Statistical Service (GSS) has released the July 2025 edition of its Quarterly Labour Statistics, showing a marginal drop in the national unemployment...

Bono East Regional Minister urges loan repayment to sustain rural banks

The Bono East Regional Minister, Francis Owusu-Antwi, has called on customers and shareholders of banks, particularly rural and community banks, to honor their loan...

Cedi’s current pressure is a short-term blip; things will normalise soon – BoG Governor assures

The governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has described the current pressure on the cedi as a short-term blip and...

BoG directs mining firms to route forex through commercial banks

The Bank of Ghana (BoG) has instructed mining companies to channel their foreign exchange inflows through commercial banks instead of directly to the central...

10 million youth to join labour force by 2040: Finance Ministry calls for bold fiscal reforms

Chief Director of the Ministry of Finance, Patrick Nomo, has warned that Ghana must radically rethink its approach to public financial management as the...

BoG to strictly enforce foreign currency transfers; warns travellers against carrying more than $10,000

The Bank of Ghana (BoG) has announced amendments to its guidelines on the importation and exportation of foreign currency as part of efforts to...

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...