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Domestic debt outpaces external debt, stood at GH¢323.7bn in July

The continuous huge borrowing on the domestic market culminated in Ghana’s domestic debt outpacing external debt for the first time in several years. According to...

Producer price inflation increases to 3.2% in September 2025

The year-on-year producer price inflation for all goods and services was 3.2% in September 2025. This was 0.2 percentage points higher than that of August...

Ghana ranked 5th in Africa with highest debt to IMF in October 2025

Ghana is ranked 5th in Africa with the highest debt to the International Monetary Fund in October 2025. According to the latest data from the Fund,...

Smuggled vegetable oil threatens local industry – OPDAG raises alarm

The Oil Palm Development Association of Ghana (OPDAG) has sounded the alarm over the growing influx of smuggled and substandard vegetable oils into the...

COCOBOD inaugurates three strategic committees to strengthen transparency and sustainability

The Chairman of the Board of Directors of Ghana Cocoa Board (COCOBOD), Dr. Samuel Ofosu-Ampofo, has inaugurated three key sub-committees aimed at promoting transparency,...

Asanko Gold commits to development in host communities

Asanko Gold Ghana Limited has reiterated its commitment to revamping infrastructural and communal development within its operational communities, despite violent clashes witnessed around its concession. From...

GoldBod opens applications for jewellery and refinery licenses

The Ghana Gold Board (GoldBod) has officially opened applications for Jewellery and Fabrication Licenses (Categories A, B, and C) as well as Refinery Licenses,...

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...