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BoG Governor targets full de-dollarisation, wants cedi to be sole currency for all transactions

Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, says one of his top priorities is to end the long-standing reliance on the...

I want to be remembered for making the cedi Ghana’s currency of choice – BoG Governor

Governor of the Bank of Ghana, Dr Johnson Asiama, says the hallmark of his tenure will be to make the cedi the currency of...

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...

T-bills: Govt’s target undersubscribed by 55%; interest rates rise

The government missed its treasury bills target by a significant 55%, the biggest undersubscription recorded so far this year. This is coming after it posted...

We have not been directed by gov’t to levy 7% tax on card transactions – GAB

The Ghana Association of Banks (GAB) has denied receiving any directive from the government to impose a 7% charge on all international transactions made...

OMCs commence reduction in fuel prices; petrol selling at GH¢12.77, diesel at GH¢12.97

Oil Marketing Companies (OMCs) have begun reducing fuel prices at the pumps in line with industry data projecting a drop of more than 4%...

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...

Diaspora remittances now flowing through crypto channels – BoG

Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has confirmed that part of Ghana’s diaspora remittances is now flowing through cryptocurrency channels,...

BoG moves to control crypto with new law

Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has revealed that Ghana will begin regulating cryptocurrency before the end of 2025. He says...

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...

Aggressive cedi strengthening is at a great cost to the nation – Prof. Bokpin

Economist and Professor at the University of Ghana, Professor Godfred Bokpin, has cautioned against Ghana’s current aggressive currency stabilisation. Speaking in an interview on Joy...

Energy Ministry submits report on missing ECG containers to Attorney General for further action

Minister for Energy and Green Transition, John Abdulai Jinapor, has disclosed that his ministry has submitted a comprehensive report on the missing Electricity Company...

Mahama calls for stronger trade and investment ties between Ghana and Grenada

President John Dramani Mahama has urged closer trade and investment cooperation between Ghana and Grenada, describing it as mutually beneficial for both nations. The President...

BlacVolta merges entertainment and fintech with BlacVolta App and BlacVolta visa lifestyle card

BlacVolta, Africa’s largest digital media and entertainment platform, has launched the BlacVolta App and BlacVolta Visa Lifestyle Card on day two of the Africa FinTech Summit at the Accra...

Ghana to save $300 million under new IPP renegotiation deal – Energy Minister

The Minister for Energy and Green Transition, John Abdulai Jinapor, has disclosed that the government has successfully reached a new agreement with Independent Power...

Foreign exchange market back on its feet; banks, not BoG, now driving trade – Governor

Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, says Ghana’s foreign exchange market has regained its stability, with commercial banks now driving...

We’re rebuilding foreign reserves, not burning them – BoG Governor

Governor of the Bank of Ghana(BoG), Dr Johnson Asiama Pandit, has dismissed claims that the central bank is depleting the country’s foreign reserves through...

Gov’t will be able to exit current IMF programme next year – BoG Governor assures

Bank of Ghana (BoG) Governor, Dr. Johnson Asiama, has assured that Ghana will be able to exit the current programme with the International Monetary...

Mahama prioritises shift from rain-fed to irrigation-based farming – Agric Minister

Minister for Food and Agriculture, Eric Opoku, has said that President John Mahama is committed to transforming Ghana’s agricultural system from rain-fed farming to...

30% of food produced in Ghana goes to waste — Agric Minister laments

Minister for Food and Agriculture, Eric Opoku, has revealed that about 30% of food produced in Ghana goes to waste due to poor road...

Mahama secures additional 200 million RMB Chinese grant for Aflao Market and National Theatre

Ghana has secured an additional grant of 200 million RMB from China to support key development projects, following bilateral talks between President John Dramani...

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’s debt-to-GDP ratio to hit 59% by end of 2025 – IMF 

The International Monetary Fund (IMF) has projected that Ghana’s debt-to-GDP ratio will hit 59.1 per cent by the end of 2025. The projection was captured...

Downstream petroleum sector undergoing comprehensive reform – Energy Minister

Ghana’s downstream petroleum sector is undergoing comprehensive and forward-looking reforms aimed at making it more efficient, transparent and future-ready, the Minister for Energy and...

Gov’t to replace NPA Act 2005 as part of major downstream reforms – Energy Minister

he Minister for Energy and Green Transition, John Abdulai Jinapor, has announced that government is in the process of repealing and replacing the National...

Fuel prices set to be reduced by some significant margin from October 16

The price of petroleum products is expected to be reduced by a significant margin at the pumps from Thursday, October 16, 2025. This projection is...

Has the clock stopped on Swiss US trade?

President Trump's tariffs have caused shock worldwide, with governments scrambling to find a deal to placate him. Some have managed: the UK got in...

China needs zero-tariff deal more than Ghana – Prof. Bokpin

Economist Professor Godfred Bokpin has argued that China stands to gain more from the zero-tariff trade agreement with Ghana than Ghana itself. Speaking on JoyNews’ PM...

Ghana doesn’t need China’s zero tariff; prioritise AfCFTA – Okyere Baafi tells Mahama

Member of Parliament for New Juaben South Constituency, Michael Okyere Baafi, says Ghana does not necessarily need zero-tariff access to the Chinese market as...

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...

GIHOC ‘suspends’ 24-hour economy implementation [Video]

The Ghana Industrial Holding Corporation (GIHOC) Distilleries Company Limited has put its participation in the government’s 24-hour economy initiative on hold, citing low market...

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...

BoG Governor pushes for predictable Global Sovereign Debt roundtable negotiations

The Governor of the Bank of Ghana (BoG) has urged stronger global commitment to predictable debt restructuring and improved transparency under the Common Framework...

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,...

Autodata partners with Interpol to raise awareness on stolen vehicles in Ghana

The President of Autodata Ghana, William Boadi, together with some executive members of the Chamber, has paid a courtesy call on the Head of...

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...

Ghana’s petroleum revenues decline in first half of 2025 – PIAC Report

Ghana’s oil sector continues to play a central role in driving national development, with revenues from royalties, taxes, and equity interests funding critical projects...