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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...

Bond market: Turnover increased by 33%

The secondary bond market turnover increased by 33.12% week-on-week to GH¢1.87 billion from GH¢1.41 billion the previous week. According to the trading results, the February...

Finance Minister leads Ghana’s delegation to IMF/World Bank annual meetings in Washington

Minister for Finance, Dr Cassiel Ato Forson, is leading a high-level government delegation to Washington, D.C., for the 2025 Annual Meetings of the International...

Cedi posts strong weekly gain, erases third quarter losses; up 5% against US dollar

The Ghana cedi has recorded one of its biggest gains against the dollar since the third quarter of 2025. Data from major commercial banks seen...

Energy sector fix gains momentum with legacy arrears, IPP deals renegotiated – IMF

Ghana’s long-running energy sector challenges are seeing major progress, with the government renegotiating legacy arrears and power purchase agreements with most independent power producers...

Ghana’s cocoa production to get stronger for rest of 2025 – BoG

Ghana’s cocoa production is expected to be strong for the rest of 2025, the Bank of Ghana has disclosed in its September 2025 Monetary...

T-Bills: Investor sentiments on treasury market soar; gov’t records 23% oversubscription

Investor sentiments on the treasury market soared following the successful completion of the 5th review of Ghana’s programme with the International Monetary Fund. According to...

GRA intercepts 10 diesel trucks evading tax worth GH¢2.3m

The Customs Preventive Unit of the Ghana Revenue Authority (GRA) in collaboration with the National Security, has busted a diesel diversion syndicate attempting to...

All enterprises with foreign ownership must register with GIPC – Head of Investor Services

The Head of Investor Services and Exemptions at the Ghana Investment Promotion Centre (GIPC), Emmanuel Forson, has reaffirmed that under the GIPC Act, every...

Ghana’s credit rating upgraded by Moody’s after nation cut debt

Moody’s Ratings raised Ghana’s sovereign credit rating, citing improved prospects for debt reduction. The West African nation’s long-term foreign currency debt was upgraded to Caa1...

De-dollarization: Not so fast; What it means for Africa

Why Must Global Trade Rely on the Dollar? On April 13, 2023, Brazil’s President Lula asked in Shanghai, “Why must global trade rely on the...

Ghana passes fifth review of IMF programme as reset agenda powers major economic gains

Ghana has reached a significant milestone in its economic recovery efforts with the successful conclusion of a Staff-Level Agreement (SLA) with the International Monetary...

Cedi was best-performing currency in Africa in 8 months of 2025 – World Bank

The Ghana cedi was the best-performing currency in Africa in the first eight months of 2025, the World Bank has revealed in its October...

Banks move to engage Foreign Affairs Ministry over defaulting medical doctors abroad

President of the Ghana Association of Banks, John Awuah, says banks have begun engaging the Ministry of Foreign Affairs to deal with cases of...

 Energy Minister engages tanker drivers on salary, welfare concerns

The Minister for Energy and Green Transition, John Abdulai Jinapor, has met with the leadership of the Ghana National Petroleum Tanker Drivers Union (GNPTDU)...

IMF expected to reach staff-level agreement with Ghana on 5th programme review today

The International Monetary Fund (IMF) is expected to reach a staff-level agreement with Ghana on the 5th Programme Review today, October 10, 2025. This projection...

Nearly 70% of medical doctors default on their loans – GAB President

President of the Ghana Association of Banks, John Awuah, has revealed that nearly 70% of medical doctors who take loans from local banks default...

Don’t present 2026 budget until… – Angel Carbonu tells Finance Minister [Audio]

The President of the National Association of Graduate Teachers (NAGRAT), Angel Carbonou, has urged the Minister of Finance, Dr. Cassiel Ato Forson, to hold...

“Big Push” agenda affecting budgetary allocation to petroleum sector agencies – PIAC

The Public Interest and Accountability Committee (PIAC) has cautioned that the decision by government to direct more oil revenues into the “Big Push” infrastructure...

Bank of Ghana’s gold reserves rise to 37.06 tonnes in September 2025

The Bank of Ghana (BoG) has increased its gold reserves to 37.06 tonnes as of September 2025, marking a 21.3 percent rise since the...

NPA boss welcomes Sierra Leone petroleum delegation on study visit

The Chief Executive of the National Petroleum Authority (NPA), Mr Godwin Kudzo Tameklo (Esq.), has welcomed a delegation from the Sierra Leone National Petroleum...

Ghana signs fifth bilateral debt restructuring agreement with Spain

The Government of Ghana has signed a Bilateral Debt Restructuring Agreement with the Kingdom of Spain, marking the fifth such agreement concluded under the...

GSS to publish Regional and District GDP figures after 2026 rebasing

The Ghana Statistical Service (GSS) has revealed that it will begin the production of regional and district economic growth figures in 2026. This is expected...

Pan-African Savings and Loans strengthens customer empowerment with financial literacy training

Pan-African Savings and Loans has reaffirmed its dedication to empowering customers through financial education by hosting another edition of its Financial Literacy and Business...

World Bank revises Ghana’s end-year growth rate upward to 4.3%

The World Bank now expects Ghana’s economy to end 2025 with a growth rate of 4.3%, up from its earlier projection of 3.9%. This was...

BoG begins FX sales under Domestic Gold Purchase Programme

The Bank of Ghana (BoG) has announced plans to commence foreign exchange (FX) intermediation under its Domestic Gold Purchase Programme starting October, 2025. The central...

Multimedia Group executives meet new Access Bank MD Pearl Nkrumah to deepen business relations

The leadership of Multimedia Group Limited has paid a courtesy call on Pearl Nkrumah, the incoming Managing Director of Access Bank Ghana. The visit was...

Cut lending rates further to support economic growth – BoG appeals to banks

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has urged commercial banks to further reduce their lending rates to support businesses...

Multimedia Group expresses appreciation to clients on World Customer Service Week

The Multimedia Group Limited (MGL) has thanked its clients as the corporate world marks World Customer Service Week in October. The company has already expressed...

Petroleum Hub project attracts strong investor interest – CEO reveals

The Chief Executive Officer(CEO) of the Petroleum Hub Development Corporation (PHDC), Dr. Tony Aubynn, says the Corporation has secured significant investor interest and partnerships...

Banks ‘write off’ GH¢893m in half-year 2025

Banks in Ghana wrote off GH¢893.0 million in the first-half of 2025, a 14.8% decline compared to the same period in 2024. According to the...

Inflation expected to go down to the medium-term target of 8 ± 2% by the end of 2025

Headline inflation is expected to go down to the medium-term target of 8 ± 2% by the end of 2025, the Bank of Ghana...

Total stock of NPLs for half year hits GH¢20.7bn

The Banking Industry’s Non-Performing Loans (NPLs) increased by 1.3 per cent to reach GH¢20.7 billion in June 2025. This marks a marginal rise from GH¢20.4...

Total petroleum consumption for half year hits 3.6bn litres, despite rising fuel prices

Total consumption of petroleum products for the first half of 2025 has surged to 3.6 billion litres, marking a 17.65% increase compared to 3.07...

Banks’ shareholders funds hit GH¢48.0bn in half-year 2025

Banks' shareholders’ funds increased by 48.5% to GH¢48.0 billion in the first half of 2025, the July 2025 Banking Development Sector report has revealed. This...

From GH₵20m to GH₵157m: How KGL transformed NLA’s digital lottery fortunes

The National Lottery Authority (NLA) has witnessed a seismic shift in its revenue streams, with official figures revealing that its partnership with KGL Technology...

It was my darkest, painful episode – Akufo-Addo on debt restructuring  

Former President Nana Akufo-Addo has described Ghana’s debt restructuring under the G20 Common Framework as “one of the darkest and most painful episodes” of...