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Disparities in lotto returns push NLA to demand full licensing

The National Lottery Authority (NLA) is taking bold steps to clean up Ghana’s lotto industry with a new directive requiring all agents to be...

BoG to strictly enforce foreign currency transfers; warns travellers against carrying more than $10,000

The Bank of Ghana (BoG) has announced amendments to its guidelines on the importation and exportation of foreign currency as part of efforts to...

BoG bans dollar pricing for school fees, rent, airline tickets, and more

The Bank of Ghana (BoG) has warned the public that all unauthorized foreign exchange transactions—including black market dealings, pricing, quoting, advertising, issuing receipts, and...

BoG revises rules on foreign currency imports and exports

The Bank of Ghana (BoG) has announced amendments to the rules governing the import and export of foreign currency, effective September 1, 2025, as...

Ghana, Japan strengthen SME cooperation as GEA CEO Margaret Ansei engages in talks at TICAD 9

The Chief Executive Officer of the Ghana Enterprises Agency (GEA), Margaret Ansei, has held bilateral talks with Japan’s Small and Medium Enterprises Agency on...

Forex scarcity fuelling mafia-style auctions at our ports – IEAG warns of mass action

The Importers and Exporters Association of Ghana (IEAG) has expressed serious concern over what it describes as a “mafia” system of illegal auctions at...

BoG’s policy rate to go down further in September 2025 – Report

The policy rate of the Bank of Ghana is expected to go down again in September 2025. According to IC Research, the research arm of...

GRA to deploy technology to track crypto accounts by year-end

The Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Kwasi Sarpong, has assured that cryptocurrency traders in Ghana cannot evade taxes, as the authority...

Cedi still wobbly despite appreciation – Abena Osei Asare

Former Deputy Finance Minister and Chairperson of the Public Accounts Committee (PAC), Abena Osei Asare, has expressed concern over the continued instability of the...

Ghana open for Business 24/7 under new economic strategy – Mahama

President John Dramani Mahama has assured international investors that Ghana is “open for business round the clock” as the government rolls out its ambitious...

Cedi crosses GH¢11 to US dollar amid supply pressures

The Ghana cedi has crossed GH¢11 to the US dollar, according to commercial bank quotes. Checks by Joy Business show that while some banks are...

Gov’t tightens gold sector oversight ahead of key financial evaluation

The Government of Ghana has pledged to intensify reforms in the gold sector as it prepares for a crucial international evaluation of its anti-money...

NPA engages industry players on Draft Petroleum Bill

The National Petroleum Authority (NPA) convened a stakeholder forum in Accra on Monday, August 25, to deliberate on the draft NPA Bill, as part...

T-Bills auction: Gov’t misses target again; interest rates rise

The government missed its treasury bills (T-bills) target for the third consecutive week as investors continued to favour high-yielding instruments, such as fixed deposits. According...

Finance Ministry interdicts CAGD staff over alleged payroll fraud

The Ministry of Finance has interdicted a staff member of the Controller and Accountant General’s Department (CAGD) over allegations of payroll fraud. The officer is...

BoG scales back size, frequency of dollar intervention

The Bank of Ghana(BoG) has scaled back its size and frequency of foreign exchange intervention in the forex market. The Central Bank, during the second...

Nine institutions owe state GH¢47m in unpaid taxes – GRA

The Ghana Revenue Authority (GRA) has revealed that nine institutions collectively owed the state GH¢47 million in unpaid taxes as of December 2023. Appearing before...

Ghana poised to expand partnerships in textiles, automotive, and green economy

Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has called on Japanese businesses to scale up their investments in Ghana, positioning the country as...

Expert panel calls for urgent reforms to Ghana’s PPP framework

An expert panel of policymakers, academics, private sector leaders, and civil society organizations has called for urgent reforms to Ghana’s Public-Private Partnership (PPP) regulatory...

MiDA backs Trump-era MCC strategy, pledges commitment despite past $190m setback

The Millennium Development Authority (MiDA), the agency responsible for implementing the Millennium Challenge Corporation (MCC) programmes in Ghana, has pledged full support for the...

Kwahu Onion farmers urge government to regulate foreign imports

Onion farmers in Kwahu Kotoso (Kwahu East District) and Kwahu Pitiku (Kwahu South Municipality) in the Eastern Region are appealing to President John Dramani...

Bank of Ghana scales back forex interventions amid cedi appreciation

The Bank of Ghana has scaled back both the size and frequency of its foreign exchange interventions in the forex market. During the second quarter...

Modified taxes, digital surveillance to transform Ghana’s tax system – GRA

Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Kwasi Sarpong, says Ghana’s tax landscape is set to be transformed by two key interventions: modified...

Mahama arrives in Singapore for visit aimed at deepening partnership

President John Dramani Mahama has arrived in Singapore for a three-day visit aimed at strengthening bilateral cooperation, expanding trade and investment, and advancing partnerships...

Ghana is open for business – Mahama showcases opportunities at TICAD 9

Ghana has reiterated its readiness to attract more foreign investments as President John Dramani Mahama led a high-level delegation to the Presidential Investment Forum...

Leadership is cause, everything else is effect: An analysis of BoG’s directive on large forex cash withdrawals

The Bank of Ghana’s (BoG) recent directive restricting large foreign exchange (forex) cash withdrawals from commercial banks is a timely and strategic measure aimed...

Cedi’s sharp recovery hit 30% of our revenues, but we’ll bounce back – GRA boss

The recent sharp appreciation of the cedi has dealt a significant blow to government revenues, the Commissioner-General of the Ghana Revenue Authority (GRA), Anthony...

Gov’t must insure vehicles and equipment of security services – Dr. Kingsley Agyemang

Insurance expert and Member of Parliament for Abuakwa South, Dr. Kingsley Agyemang, has urged government to prioritize the insurance of vehicles, equipment, and other...

Low insurance uptake weakening trust, sector stability – Kingsley Agyemang

Persistently low insurance penetration is eroding public confidence and weakening the sector’s ability to pay claims promptly, according to Dr. Kingsley Agyemang, Member of...

Low patronage weakening Ghana’s insurance sector – Kingsley Agyemang

Ghana’s low insurance penetration is crippling the industry’s ability to pay claims promptly and build public trust, according to Abuakwa South MP, Dr. Kingsley...

We inherited a heavily debt-ridden cocoa industry – Adviser to Finance Minister

The Technical Adviser to the Minister of Finance, Frederick Amissah, has disclosed that Ghana’s cocoa sector was heavily indebted when the National Democratic Congress...

GNPC cleans up Meridian-Harbour Road in environmental drive

The staff and management of Ghana National Petroleum Corporation (GNPC) joined hands on Friday to clean up the Meridian-Harbour Road area as part of...

Union leaders must put workers first – Francis Ahovi

Security analyst and governance advocate, Francis Ahovi, has called for urgent reforms within Ghana’s labour unions, warning that self-serving actions by some union leaders...

BoG’s FX directive defies IMF and World Bank advice

On August 20, 2025, the Bank of Ghana (BoG) issued a new foreign exchange directive: banks may not give corporates cash withdrawals in foreign...

Importers can now pay duties online weeks before goods arrive – GRA

Importers in Ghana can now pay their duties online weeks before their goods arrive at the port, Commissioner-General of the Ghana Revenue Authority (GRA),...

Effective VAT rate to be reduced to 20 percent in 2026 Budget

The final Value Added Tax (VAT) rate that will be paid by businesses is expected to be reduced from 22% to 20 % from...

Tema Port now fully 24/7: Importers can clear goods even at 2 a.m.

Tema Port has officially become a 24-hour operation, allowing importers to clear goods even at 2 a.m., according to Commissioner-General of the Ghana Revenue...

Explainer: Why BoG is preventing large companies from withdrawing dollars they never deposited

On August 20, 2025, the Bank of Ghana (BoG) issued a directive to banks aimed at protecting the cedi’s stability against major foreign currencies. The...

Ghanaian CSOs bid farewell to outgoing IMF boss

Civil society leaders held a farewell lunch honouring the outgoing International Monetary Fund (IMF) Resident Representative to Ghana, Dr. Leandro Medina, in Accra. Organised by...

Mahama meets Japanese PM; discusses 3 key issues to deepen cooperation

Ghana and Japan have signalled a renewed commitment to strengthen economic relations and accelerate critical infrastructure projects following a bilateral meeting between President John...