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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...

Tariff hikes will kill businesses and the 24-Hour Economy – Food and Beverages Association

The Food and Beverages Association of Ghana (FABAG) says the proposed upward review of electricity tariffs by the Public Utilities Regulatory Commission (PURC) will...

Gold prices soar, but Ghana’s production struggles tell a different story – 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...

Local cement industry faces collapse from cement influx from Togo – COCMAG

The Chamber of Cement Manufacturers Ghana (COCMAG), has expressed deep concern over the growing influx of imported bagged cement, particularly from Togo. According to the...

Electric cars, smart doors, security cams: Why you need to be at the ongoing Ecobank-JoyNews Habitat Fair

The Ecobank-JoyNews Habitat Fair at Gud Park near Accra Mall is shaping up to be more than just a showcase of homes, it’s a window...

Mahama pledges full local chicken production within three years

President John Dramani Mahama has unveiled an ambitious plan to make Ghana entirely self-sufficient in chicken production within the next three years. The initiative, dubbed...

IMF expects Ghana’s total debt stock to reach 60% of GDP by end of 2025

The International Monetary Fund (IMF) expects Ghana’s total debt stock to reach 60% of Gross Domestic Debt (GDP) by the end of 2025. The Bretton...

World Bank disburses $360 million to support Ghana’s economy

The World Bank has disbursed $360 million from its International Development Association (IDA) for Ghana. The disbursement is coming under the Second Resilient Recovery Development Policy Financing operation,...

Ghana still reigns as Africa’s gold king with 4.8 million ounces in 2024 – Chamber of Mines

Ghana is still holding on to its position as the biggest gold producer in Africa, according to the President of the Ghana Chamber of...

Demand VAT invoice to support development – GRA to Ghanaians

The Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Kwasi Sarpong, has urged Ghanaians to make tax payment a national priority, stressing its crucial...

Mahama confirms BoG has withdrawn from forex market

President John Mahama has revealed that the Bank of Ghana (BoG) has withdrawn its interventions in the foreign exchange market, a move that has...

Mpraeso MP urges government to pause AT–Telecel merger

The Member of Parliament for Mpraeso, Davis Ansah Opoku, has urged the government to pause the proposed merger of AT Ghana and Telecel, warning...

AGOA renewal unlikely after U.S. imposes tariffs on Ghanaian exports – Mahama

President John Dramani Mahama has expressed doubt over the future of the African Growth and Opportunity Act (AGOA), warning that the trade programme is...

It must find its true value – Mahama on cedi’s fall

President John Mahama says the recent tumble of the cedi reflects both overvaluation and undervaluation, insisting the currency must settle at its true value. Speaking...