Finance

2025 budget: We could benefit significantly if… – Former Deputy Finance Minister

Former Deputy Minister of Finance, Dr Stephen Amoah has acknowledged that some aspects of the 2025 Budget presented by the National Democratic Congress (NDC)...

Old tax system unsustainable – Vish Ashiagbor

The Country Senior Partner at PWC Ghana, Vish Ashiagbor, has emphasized that the success of Ghana’s VAT reform depends on collective will and sustained...

Vice President charges new BoG governing board to provide dynamic leadership

Vice President Professor Jane Naana Opoku-Agyemang has sworn in the newly constituted 12-member governing board of the Bank of Ghana (BoG), urging them to...

BoG Governor pledges to restore financial strength amid economic challenges

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has committed to restoring the financial strength of the central bank, assuring that...

We need a paradigm shift in Ghana’s taxation policy – Former Deputy Finance Minister

The Member of Parliament for Nhyiaeso in Kumasi, Ashanti region and former Deputy Minister of Finance, Dr. Stephen Amoah has called for a fundamental...

38% of Ghanaians rely on family and friends for financial support every month – report

The 2024 Financial Services Monitor published by Old Mutual has revealed that 38 percent of Ghanaians rely on family and friends, either locally or...

What type of bank will you establish with GH₵51 million? – Oppong Nkrumah asks gov’t [Video]

Ofoase-Ayirebi Member of Parliament (MP) Kojo Oppong Nkrumah has criticised the Mahama-led government over the budgetary allocation for the Women's Development Bank. Finance Minister Dr....

2025 Budget: Ato Forson behaved like a woman in labour – Haruna Iddrisu

The Minister for Education, Haruna Iddrisu, says Finance Minister Dr. Cassiel Ato Forson laid bare all there is to know about the national economy...

‘Taxpayer cannot be a punching bag’ – Dr Ato Forson on BoG’s ¢53bn bailout request

Finance Minister Dr. Cassiel Ato Forson has ruled out the use of taxpayer money to recapitalise the Bank of Ghana (BoG), following revelations that...

Ato Forson disputes Amin Adam’s claim on betting tax implementation

Ghana's Finance Minister, Dr. Cassiel Ato Forson, has dismissed claims by former Finance Minister Mohammed Amin Adam that the previous administration never implemented the...

Ghana to pay GH¢150.3bn in Domestic Debt service over next 4 years

Over the next four years, Ghana is expected to pay approximately GH¢150.3 billion in domestic debt service, representing 11.6% of Gross Domestic Product (GDP). Of...

Court reverses Bank of Ghana’s revocation of Ideal Finance’s licence

The High Court (Human Rights Division) has overturned the Bank of Ghana’s (BoG) decision to revoke the operating licence of Ideal Finance Limited, ruling...

Exclusive PHOTOS from the 2025 Budget Presentation

Finance Minister Dr. Cassiel Ato Forson on Tuesday, March 11, 2025, presented the 2025 Budget Statement and Economic Policy to Parliament. This marks the first...

Full text: Finance Minister presents 2025 budget in Parliament

The Minister of Finance, Dr. Cassiel Ato Forson, on Tuesday, March 11, 2025, presented the 2025 Budget Statement and Economic Policy in parliament. The presentation...

All the photos you need to see from National Economic Dialogue

President John Dramani Mahama on Monday, March 3, opened the National Economic Dialogue, a landmark initiative aimed at "Resetting Ghana: Building the Economy We...

Ghana Fintech Awards: eTranzact Ghana awarded Best Fintech Company

eTranzact Ghana, a leading provider of payments technology, was awarded the title of ‘Fintech Company of the Year’ at the 4th Ghana Fintech Awards,...

We will reverse BoG’s negative equity – Governor Asiama

The newly sworn-in Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has outlined plans to address the central bank’s negative equity position...

Producer Price inflation hits 28.5% in January 2025

Producer price inflation at ex-factory prices for all goods and services rose to 28.5% in January 2025, up from 26.1% in December 2024. The month-on-month...

ISSER Director cautions against hastily reinstating bank licenses

The Director of the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey, has urged the government and the leadership of the...

Pensioner bondholders express cautious optimism over govt’s commitment to payments

Pensioner bondholders in Ghana have expressed cautious optimism following the government’s commitment to honouring coupon payments, marking the first instalment under the new administration. Speaking...

FABAG urges Finance Minister to scrap excise tax on fruit juices

The Food and Beverages Association of Ghana (FABAG) has urged Finance Minister Dr. Cassiel Ato Forson to scrap the Excise Tax on fruit juices...

CIMG: Michael Abbiw is new President as new national executives are elected

The Chartered Institute of Marketing, Ghana (CIMG) has officially announced the results of its highly anticipated national elections. The voting process, overseen by the Electoral...

World Bank attributes Ghana’s 2022 crisis to lack of fiscal discipline

The World Bank has attributed Ghana’s 2022 economic crisis to a lack of fiscal discipline and an expensive response to global shocks. In its Ghana...

Finance Minister to present 2025 budget on March 10

The Minister of Finance, Dr. Cassiel Ato Forson, is expected to present the 2025 Budget to Parliament on March 10. This is the date proposed...

Edward Ato Sarpong nominated as Managing Director of ADB

The majority shareholder of the Agricultural Development Bank (ADB) has nominated chartered accountant and former Deputy Minister of Communications, Edward Ato Sarpong, as the...

IMF doesn’t have jurisdiction over appointment of Bank of Ghana Governor – Kwakye tells Boako

The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, is opposing the idea of the lawmaker for Tano North,...

Johnson Asiamah uniquely qualified to hold BoG Governor position – Kwakye Ofosu

Felix Kwakye Ofosu, the Acting Spokesperson for President John Dramani Mahama, has expressed confidence in Dr. Johnson Asiamah’s qualification to hold the position of...

Dr. Nii Moi Thompson appointed chairman of NDPC

Development Economist Dr. Nii Moi Thompson has been appointed Chairman of the National Development Planning Commission (NDPC), pending consultations with the Council of State. Dr....

Dr. Johnson Asiama takes over as Bank of Ghana Governor

The new Bank of Ghana Governor, Dr. Johnson Asiama, held a brief ceremony with the management of the Central Bank after officially taking over...

BoG introduces directive on financial inclusion for persons with disabilities

The Bank of Ghana has issued a directive on financial inclusion for persons with disabilities. This directive is in line with internationally accepted financial inclusion...

We’ll prioritise the needs of Ghanaians – Ato Forson tells Finance Ministry staff

Ghana’s newly appointed Minister of Finance, Dr. Cassiel Ato Forson, has called on his team to unite in steering the nation toward economic stability. Addressing...

Bright Simons: Finance Minister-designate grilled over tax promises

The Minister of Finance-designate of Ghana’s new government was very supportive of the positions of Civil Society Organisations (CSO) in some of our advocacy campaigns...

I didn’t say I was going to request additional funds from IMF – Finance Minister-Designate

The Finance Minister-designate, Dr. Cassiel Ato Forson, has refuted claims that he intends to request additional finance from the International Monetary Fund (IMF). Speaking during...

Ato Forson doesn’t need a PhD in Economics to become successful – Economist at UG

A Development Economist at the University of Ghana, George Domfe, has argued that Dr. Cassiel Ato Forson does not need a PhD in economics...

Maintain E-Levy to support Women’s Development Bank, SMEs – GUTA tells Mahama

The President of the Ghana Union of Traders Association (GUTA), Dr Joseph Obeng, has urged President John Dramani Mahama to reconsider his decision to...

Bank of Ghana: List of FX Brokers authorised to operate on the Ghana Interbank FX Market

The Bank of Ghana (BoG) has announced the authorized FX brokers permitted to operate in the Ghana Interbank Forex Market for the calendar year...

Bond market: Volume falls by 50.1% on risk sentiments

Trading activities in the secondary bond market declined by 50.1% last week due to risk-off sentiments among offshore investors. Total volume traded fell to GH¢762...

Dr. Nduom confident in Mahama-led NDC to restore GN Bank’s legacy

The Global Chairman of Groupe Nduom, Dr Papa Kwesi Nduom, has expressed confidence that the new National Democratic Congress (NDC) administration, led by John...

Ghana spent nearly half of revenue on debt servicing in 5 years

Ghana spent 42% of its revenue to servicing debt between 2017 and 2022, according to the 2024 United Nations report on Unpacking Africa’s Debt. This...

Bitcoin hits new record high of more than $106,000

Bitcoin has surged to a new record high, extending a rally that has seen the cryptocurrency's price rise by more than 50% since Donald...