HomeBusiness

Business

BoG’s historic big cut faces tariffs, external shocks, and bank risks

The Bank of Ghana has delivered its largest rate cut in recent years, slashing the policy rate by 350 basis points to 21.5 per...

Major utility tariff adjustments expected from January 2026 under Multi-Year Review

A major review of utility tariffs is expected to take effect from January 2026, as part of the Multi-Year Tariff Order (MYTO) being undertaken...

IMF Staff Mission expected in Ghana from Sept. 29 for 5th Programme Review

An International Monetary Fund (IMF) staff mission is expected in Accra from September 29, 2025, for Ghana’s 5th programme review. The exercise will assess how...

T-bills auction: Gov’t records oversubscription after a week of missing target

The government recorded a 14.1% oversubscription of treasury bills auction just a week after missing its target. This is coming after yields were mixed on...

Gov’t moves to curb GH¢2.36bn annual losses in procurement

The government is rolling out sweeping reforms in the public procurement system to tackle the billions of cedis lost annually through irregularities, Deputy Minister...

NIA warns key institutions over outstanding debts

The Executive Secretary of the National Identification Authority (NIA), Wisdom Yayra Kwaku Deku, has revealed that several key state institutions owe the Authority substantial...

 Mahama urges investment in transport infrastructure to boost intra-African trade

President John Dramani Mahama has called on African governments to prioritize strategic investment in transportation infrastructure to strengthen inter-African trade and reduce dependence on...

Bank of Ghana expects single digit inflation to be achieved before end of 2025

The Bank of Ghana (BoG) has revealed that it expects Ghana to record single-digit inflation before the end of 2025. According to the Central Bank,...

Mahama urges UK Businesses to use Ghana as AfCFTA hub

Former President John Dramani Mahama has urged UK businesses to expand their investments in Ghana, highlighting the nation’s political stability and growing economy as...

We agreed to choose one person to speak for all groups – Kantamanto leaders

Vice Chairman of the Used Clothes Association, Daniel Ampadu, has disclosed that the Kantamanto traders have united under a single leadership structure following the...

Stop selling outside; come inside the market – Kantamanto Coordinator to traders

Kantamanto Market Coordinator, Kakari Mensah, has expressed concern about indiscipline among some traders at the market. Speaking in an interview on Adom FM’s morning show...

My doors are always open to you – Asaki Awingobit to Kantamanto traders [Audio]

Sampson Asaki Awingobit, Executive Secretary of the Importers and Exporters Association of Ghana, has called on traders at Kantamanto Market to close ranks and...

Kantamanto Market traders highlight struggles, urge government intervention [Photos]

Adom FM’s Dwaso Nsem morning show on Friday, August 19, 2025, was broadcast live from the vibrant Kantamanto Market, where second-hand clothing sellers shared...

BoG expects policy rate cut to lower lending costs by October

The Bank of Ghana (BoG) says its recent policy rate cut is expected to ease the cost of credit and bring down lending rates...

DVLA board chair targets significant revenue boost by 2028

The Driver and Vehicle Licensing Authority (DVLA) has set an ambitious target to significantly boost its revenue by 2028 as part of a broader...

Gov’t ready to work with employers to create more jobs – Labour Minister

Government has pledged its readiness to partner with the Ghana Employers Association (GEA) in addressing employment challenges and creating more job opportunities for Ghanaians. The...

Monetary Policy Committee of BoG cuts policy rate to 21.5%

The Monetary Policy Committee of the Bank of Ghana (BoG) has reduced the policy rate by 350 basis points to 21.5% from 25%. The Governor...

All dollar requests from Commercial Banks met – BoG Governor

The Bank of Ghana (BoG) has assured that it has recently met all dollar requests and import demands from commercial banks. Governor Dr. Johnson Asiama...

Producer inflation hits lowest level in nearly two years as Dr. Forson’s policies deliver results

Ghana’s economic stability agenda under Finance Minister Dr. Cassiel Ato Forson has achieved another milestone, with the Producer Price Index (PPI) recording a sharp...

Borrowing will only fund transformative projects as debt sustainability improves – Finance Minister

Finance Minister Dr. Cassiel Ato Forson has assured that Ghana’s borrowing strategy will remain disciplined and targeted at transformative initiatives, as the country records...

Mahama calls for measures to address Africa’s energy poverty and boost access

President John Dramani Mahama has called on energy sector stakeholders across the continent to intensify efforts to close Africa’s widening energy gap. Speaking at the...

Mahama officially opens AOW: Energy 2025; a defining moment of African unity, pride, and partnership

President John Dramani Mahama on Tuesday, September 16, 2025, officially opened AOW:Energy 2025 in Accra, marking the start of a landmark week for Ghana,...

Energy Minister hails AOW: Energy 2025 as a platform of unity, purpose, and shared ambition

Minister of Energy and Green Transition, John Jinapor, has expressed his heartfelt gratitude to the distinguished guests, sponsors, and partners who made AOW: Energy...

AOW: Energy opening night marks new dawn of partnership in Ghana

AOW Energy 2025 opened on Tuesday night with a high-level gala at the Presidency, attended by over 450 distinguished guests from government, industry, and...

Producer Price Inflation for August 2025 declines to 3%

The Year-on-Year producer price inflation (PPI) for August 2025, declined to 3.0%, from 3.6% in July. This represents a 0.6 percentage points decline. This means...

Ghana’s public debt hits GH¢628.8bn in July 2025 – BoG

Ghana’s public debt stock rose by GH¢15.8 billion in July 2025, reaching GH¢628.8 billion, according to new data from the Bank of Ghana. This represents...

Tryton Motors Ltd. launches JAC truck range

JAC Motors, a global automotive powerhouse, has expanded its footprint in Ghana with the official launch of the JAC Truck Range vehicles by Tryton...

Ghana’s total export earnings hits $17bn by the end of August 2025

Ghana’s total export earnings reached $17 billion by the end of August 2025, according to the September Economic and Financial Data released by the...

Cedi appreciates 21% against dollar as of September 2025, but loses 19% in value since July

The Ghana cedi has appreciated by 21.0% against the US dollar in nine months of 2025. However, the local currency lost about 19% in value...

GNPC, Explorco set to drill two new wells by Q3 2026

President John Dramani Mahama has announced that the Ghana National Petroleum Corporation (GNPC) and its exploration subsidiary, Explorco, are preparing to drill two new...

Cedi jumped the gun; correction normal — Prof Bokpin

The recent depreciation of the Ghana cedi against major international currencies is a “normal correction” following its “aggressive” appreciation earlier in the year, economist...

Cedi to stabilise between GH₵13.5 and GH₵14 by year-end – Prof. Bokpin

The Ghana Cedi, after months of unprecedented gains, is expected to come under seasonal pressure and settle between GH₵13.5 and GH₵14 to the U.S....

Cedi to record modest stability this week; one dollar going for GH¢13.60

The Ghana cedi is projected to record modest stability in the coming days as positive sentiment builds on the back of the World Bank’s...

COCOBOD Chief Executive engages Japanese chocolate manufacturers

The Chief Executive of the Ghana Cocoa Board (COCOBOD), Dr. Ransford Abbey, has held strategic discussions with leading Japanese chocolate manufacturers aimed at strengthening...

Petroleum products prices to rise significantly from September 16

Ghanaian motorists and households should brace for higher petroleum prices starting Tuesday, September 16, 2025, according to the latest outlook report by the Chamber...

Ghana’s trade surplus hits $6.2 billion in first eight months – BoG Governor

The Bank of Ghana Governor, Dr. Johnson Asiama, has revealed that Ghana’s trade surplus rose to $6.2 billion during the first eight months of...

Remittance inflows slow-down not affecting cedi performance – BoG Governor

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama has reassured the public that the Ghana cedi remains among the strongest performing...

High gold prices don’t always mean bigger profits – Chamber of Mines

President of the Ghana Chamber of Mines, Michael Edem Akafia, has explained why mining companies are not reaping as much as expected despite record...

High gold prices bring mixed fortunes for Ghana’s mining firms – Chamber of Mines

President of the Ghana Chamber of Mines, Michael Edem Akafia, says soaring global gold prices present mixed fortunes for mining firms in Ghana, as...

BoG issues cyber and information security directive to protect financial sector

The Bank of Ghana (BOG) has issued the Cyber and Information Security Directive to solicit comments and inputs from the banking industry and the...