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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...

Some OMCs increase fuel prices with diesel selling at GH¢14.18 per litre

Some Oil Marketing Companies (OMCs) have begun increasing fuel prices at the pumps in line with projections for the first pricing window of October...

Farmers applaud new cocoa price, urge action on galamsey

The President of the Concerned Farmers Association, Nana Oboadie Boateng Bonsu, has welcomed the government’s announcement of a new cocoa price, describing it as...

Banks profit increased by 32% to GH¢7.2 billion in June 2025

The banking industry’s profit-after-tax increased by 32.6% to GH¢7.2 billion in June 2025, the Bank of Ghana has revealed in its July 2025 Monetary...

Banks credit to private, public sectors dips 142% year-on-year to GH¢4.68bn in June 2025

The banks total credit to the private sector and public institutions dipped to GH¢4.68 billion in June 2025 from GH¢11.35 billion recorded in June...

Sylvia Owusu-Ankomah appointed CEO of Ghana Chamber of Telecommunications 

The Ghana Chamber of Telecommunications and the Digital Chamber of Ghana (DCG) have announced the appointment of Sylvia Owusu-Ankomah as their new Chief Executive...

Inflation for September 2025 drops sharply to 9.4%

The year on year Inflation for September has dropped significantly to 9.4 percent from 11.5 percent in August 2025. This is the lowest since August...

Ghana’s August cocoa arrivals quadrupled on early start to season

Ghana’s cocoa deliveries to warehouses in August more than quadrupled from the same period last year as an accelerated start to the season provided...

Electricity tariff hike will not impact inflation, but .. – Report

The recent a 1.14% hike in electricity tariff with effect from 1st October 2025 will not have inflation in the final quarter of this...

Advertised jobs in print and online media decreased by 15.7% in June 2025 – BoG

The number of jobs advertised in selected print and online media, which partially gauges labour demand in the economy, decreased in June 2025 relative...

Bond market: Turnover decline by 18% to GH¢906.14m

The secondary bond market turnover declined by 18.17% week-on-week to GH¢906.14 million from GH¢1.11 billion the previous week. The February 2027 maturity led flows with...

Price of petroleum products to go up marginally from October 1

The price of petroleum products is expected to increase marginally at the pumps from Wednesday, October 1, 2025. This follows the latest outlook report by...

OMCs increase fuel prices; petrol now selling at GH¢13.17

More Oil Marketing Companies (OMCs) have increased fuel prices at the pumps this morning, September 30, 2025. This comes almost two weeks after prices were...

Finance minister welcomes IMF team for fifth review of Ghana’s programme

The Finance Minister, Dr Cassiel Ato Forson, today officially received the International Monetary Fund (IMF) Mission team, led by Dr Ruben Atoyan, to commence...

Thousands of workers in limbo as US-Africa trade deal set to expire

At Shona EPZ, a garment factory in Kenya's capital, Nairobi, the tension is inescapable. The industrious thrum of the heavy-duty sewing machines, along with the...

NPP defends Gold-for-Oil programme, rebuts IMANI’s “leakage” claims

The New Patriotic Party (NPP), through its policy arm, the Patriotic Institute, has rejected claims by IMANI Africa that the Government’s Gold-for-Oil (G40) programme...

Gold-for-oil was run transparently – Former BOST MD

Former Managing Director of the Bulk Oil Storage and Transportation Company (BOST), Dr. Edwin Provencal, has rejected claims of systemic fraud and fiscal leakages...

Ghana must break away from cyclical IMF Programmes – World Bank

The World Bank has urged Ghana to take bold and deliberate steps to end its repeated reliance on International Monetary Fund (IMF) loan-supported programmes. While...

Maroon Capital Microfinance crowned CIMG Microfinance Company of the Year

From humble beginnings in the serene hills of Kitase-Aburi in 2013, Maroon Capital Microfinance Limited has grown into a national force, earning the prestigious...

IMF begins 5th Programme review of Ghana today

The International Monetary Fund (IMF) will today, September 29, begin its fifth review of Ghana’s performance under the Fund programme. The full mission team, led...

Ghana’s per capita income could triple by 2050 – World Bank

Ghana’s per capita income could triple by 2050 if ambitious reforms are undertaken, the World Bank has revealed in its 2025 Policy Notes on...

DBG audit report sent to Attorney General; Finance Minister vows accountability for mismanagement

The Deloitte Audit Report on the Development Bank of Ghana (DBG) has been forwarded to the Attorney General for the necessary legal steps, with...

ECG reports record GH₵1.74bn revenue in July, assures improved service delivery

The Electricity Company of Ghana (ECG) says it is cutting down on losses and improving revenue mobilisation, having recorded its highest-ever monthly revenue of...

Don’t rush back to Eurobond market, fix the economy first – World Bank to Ghana

The World Bank has cautioned that Ghana must resist the temptation of rushing back to the Eurobond market, warning that such a move would...

KGL Group’s Alex Apau Dadey calls on Africa to build global business giants

The Executive Chairman of the KGL Group and former Board Chair of the Ghana Investment Promotion Centre (GIPC), Alex Apau Dadey, delivered a powerful...

BoG sells US$243 million in FX forward auction, highest since beginning of 2025

The Bank of Ghana (BoG) has sold one of its highest amounts of dollars for the market through a single 7-day FX forward auction. Market...

Real banking is finally coming – AGI boss predicts lending rates will fall

The Association of Ghana Industries (AGI) is upbeat that the recent cuts in the Bank of Ghana’s policy rate will trigger a new phase...

World Bank rejects Akufo-Addo gov’t’s Covid-19, Russia-Ukraine War defence for 2022 economic crisis

The World Bank has dismissed the Akufo-Addo administration’s long-standing claim that Ghana’s 2022 economic collapse was driven by global shocks, stating instead that the...

Access Bank Ghana appoints Pearl Nkrumah as first female MD

Access Bank Ghana has named Pearl Nkrumah as its new Managing Director, effective October 1, 2025, making her the first woman to lead the...

Mahama rings Nasdaq Opening Bell, showcases Ghana as global investment hub

President John Dramani Mahama on September 24, 2025, rang the opening bell at the Nasdaq Stock Exchange in New York, showcasing Ghana’s commitment to...