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Finance Minister outlines measures to tackle Ghana’s large payable build-up in 2024

Finance Minister Dr. Cassiel Ato Forson has outlined a comprehensive plan to investors aimed at addressing the country’s large accumulation of government payables in...

COCOBOD CEO to announce new cocoa farmgate price to surpass Ivory Coast

The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Dr. Randy Abbey, has disclosed that a new cocoa farmgate price will be announced...

Ghana’s economic direction wins investor confidence in Washington, D.C.

Ghana’s economic outlook received a strong endorsement during a high-level investor engagement held in Washington, D.C., led by Finance Minister Dr. Cassiel Ato Forson. Investors...

Unicom Chemist bags two honours at 2025 Pharma Excellence Awards

Unicom Chemist Limited has emerged as a top achiever at the 2025 Pharma Excellence Awards, clinching two major honours—Community Pharmacy of the Year and...

World Bank forecasts 17.2% inflation for Ghana in 2025

The World Bank is forecasting an inflation rate of 17.2% for Ghana in 2025. This is higher than the International Monetary Fund (IMF) programme...

MSC DILETTA makes historic berth at Tema Port, setting new record for Sub-Saharan Africa

In a historic milestone for West African maritime trade, the Port of Tema’s MPS Terminal 3 has welcomed the largest container vessel ever to...

World Bank to help Ghana provide jobs for over 500,000 entering job market each year

The World Bank has committed to supporting Ghana in addressing its youth unemployment challenge by backing a new Growth and Jobs Strategy aimed at...

Fraud cases in banks, others declined by 18% in 2024 – BoG

The attempted fraud cases in banks and Specialised Deposit-Taking Institutions (SDIs) sectors decreased by 18% in 2024 compared to 2023. However, this decrease resulted in...

US tariffs pose low risk to Ghana’s trade surplus – IC Insights

The 10% US tariffs imposed on Ghana are expected to pose a low risk to the country’s trade surplus, according to IC Insights. “In the...

Pace of disinflation to quicken in coming months – Report

The pace of disinflation in Ghana is expected to quicken in the months ahead as tighter monetary policies and tax reliefs begin to take...

GOLDBOD commences licensing of service providers

The Ghana Gold Board (GoldBod) has officially commenced the licensing of service providers within the country’s gold trading sector. Commencement of the licensing marks a...

Energy Sector remains our biggest economic risk – Finance Minister

Finance Minister, Dr. Cassiel Ato Forson, has described the energy sector as the biggest economic threat currently facing the country. Speaking during a deep-dive session...

BoG to begin cryptocurrency regulation in Ghana by September 2025

The Bank of Ghana (BoG) Governor, Dr. Johnson Asiama, has announced that the central bank is expected to commence regulation of cryptocurrency and related...

IMF warns global growth forecast will drop to 2.8% in 2025 due to trade uncertainties

The International Monetary Fund (IMF) has projected that global growth will drop to 2.8 percent from 3.3 percent earlier predicted for 2025. The IMF...

Finance Minister Dr. Cassiel Ato Forson leads Ghana’s delegation to 2025 IMF and World Bank Spring Meetings

Ghana’s Finance Minister, Dr. Cassiel Ato Forson, is leading the country’s delegation to the 2025 IMF and World Bank Spring Meetings. This marks the first...

Gov’t to engage transport operators on lorry fare reduction — Deputy Finance Minister

Deputy Finance Minister, Thomas Ampem Nyarko, has disclosed that the government will soon begin discussions with transport operators to push for a reduction in...

We’ll turn the corner, there are early signs of macro-economic stability – Mahama

President John Dramani Mahama has expressed optimism about Ghana’s economic future, declaring that the country is beginning to witness early signs of macroeconomic stability...

Mahama’s full speech at Kwahu Business Forum

Find here the full speech of President John Mahama at Kwahu Business Forum on April 19, 2025.

Africa must take up opportunities in geopolitical shifts – Mahama on trade wars

President John Mahama has urged African nations to reposition themselves to take full advantage of the shifting dynamics in global geopolitics and trade. Speaking at...

Three decades, no transformation – Damang youth welcome gov’t’s gold decision

For 30 years, Damang was home to one of Ghana’s most prominent gold mining companies, Goldfields Ghana Ltd. But as news of the government’s decision...

Three decades of exclusion – Damang youth push for local ownership and content

If there’s anything the youth of Damang have learned in 30 years of co-existing with a multinational miner, it’s this: foreign interests often come...

Mahama urges youth to own One Million Coders Programme

President John Dramani Mahama has encouraged the youth of Ghana to embrace the One Million Coders initiative as a gateway to innovation, entrepreneurship, and...

90,000 apply for National Coders Programme in just 48 hours – Mahama announces

Former President John Dramani Mahama has announced that within just 48 hours of opening applications for the One Million Coders Programme, a staggering 90,000...

Fuel prices to drop slightly from April 16

Petrol prices are expected to decrease by 1.5%, bringing the cost of a litre to GH₵14.88, while diesel will drop by 0.3% to GH₵15.50. Liquefied...

Gov’t to enact law to boost extractive sector revenue

The government of Ghana has announced plans to enact a new law aimed at improving the management of natural resources and mineral revenue in...

Ghana must end cycle of IMF reliance – MP

The Member of Parliament for Sagnarigu, Atta Issah, has called on the government to reconsider its dependence on the International Monetary Fund (IMF) for...

Volta Region power fluctuations caused by GRIDCO supply shortfall – ECG

The Electricity Company of Ghana (ECG) has attributed the recent power interruptions in the Volta Region to insufficient supply from the Ghana Grid Company...

Mahama launches Feed Ghana Programme, targets oil palm industry

In a bold move to transform Ghana’s agricultural sector and reduce the country’s dependence on food imports, President John Dramani Mahama has launched the...

GUTA opposes utility tariffs increment

The Ghana Union of Traders’ Associations (GUTA) has vehemently rejected the recent utility tariff increase approved by the Public Utilities Regulatory Commission (PURC). In a...

Staff-level agreement vindicates NPP – Amin Adam

The Minority in Parliament has welcomed the recent Staff Level Agreement reached between the International Monetary Fund (IMF) and the Government, describing the development...

Minority criticizes IMF Staff Level Agreement, accuses gov’t of fiscal manipulation

The Minority in Parliament has issued a strongly worded statement following the announcement of a Staff Level Agreement between the International Monetary Fund (IMF)...

Energy sector risks persist, but… – Ato Forson

Despite recent progress, Ghana’s energy sector continues to pose significant fiscal risks, Finance Minister Dr. Cassiel Ato Forson has admitted. Speaking at a joint press...

We are committed to IMF programme amidst challenges – Finance Minister

The administration of President John Mahama has reaffirmed its unwavering commitment to implementing the IMF-supported economic programme, despite the challenges it inherited at the...

Finance Ministry rolls out bold reforms to tackle fiscal indiscipline

The Ministry of Finance has unveiled a series of ambitious structural reforms aimed at restoring fiscal discipline, increasing transparency, and reinforcing debt sustainability as...

eTranzact Ghana clinches top honors at Ghana Corporate Finance Gala Dinner 2025

eTranzact Ghana continues to affirm its leadership in the financial technology sector, taking home two of the most coveted awards at the just-ended Ghana...

IMF supports PURC’s utility tariff increase to strengthen SOEs

The International Monetary Fund (IMF) has backed the Public Utilities Regulatory Commission’s (PURC) recent decision to raise utility tariffs in Ghana. The adjustments include...

Government commits to structural reforms for macroeconomic stability

In its effort to restore and sustain macroeconomic stability and debt sustainability, the government has pledged to implement strong and ambitious structural reforms, laying...

Cedi to remain stable in coming weeks; one dollar equals GH¢16.00

The market sentiment towards the Ghana Cedi is anticipated to improve in the coming weeks, following an announcement from the International Monetary Fund (IMF)...

IMF highlights Ghana’s efforts to tackle inflation and debt crisis

The International Monetary Fund (IMF) has expressed confidence that Ghana's recent policy rate hike and ongoing fiscal consolidation efforts will contribute to reducing inflation. Following...

Telcos will bear full cost of SIM registration – Communications Minister

The Minister for Communications, Samuel Nartey George, has reaffirmed that telecommunications companies will bear the full cost of Ghana’s forthcoming SIM card registration exercise. Speaking...