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Mahama urges African leaders to create business-friendly environment for foreign investments

President John Dramani Mahama has urged African leaders to build a conducive business climate to attract foreign investment as a means of strengthening local...

We are committed to supporting the Business Community – BoG Governor assures

Governor of the Bank of Ghana, Dr. Johnson Asiama, has given firm assurance that the Central Bank remains committed to supporting the business community...

Manufacturing alone won’t save us – Mahama urges investment in creative and digital sectors

President John Mahama has cautioned African leaders not to rely on manufacturing and agriculture alone to solve the continent’s unemployment crisis. Speaking at the Private-Public...

BoG directs banks to halt foreign currency payments to large corporates without deposits

The Bank of Ghana (BoG) has directed commercial banks, with immediate effect, to halt the payment of foreign currency cash to large corporates if...

Mahama co-chairs TICAD IX session, calls for reforms to attract investments

President John Dramani Mahama on Thursday co-chaired the second plenary session on the theme “Economy: Co-create Innovative Solutions with Africa”. This is at the ongoing 9th...

Ghanaian cocoa farmers enjoy highest farmgate price in West Africa – COCOBOD

The Ghana Cocoa Board (COCOBOD) has refuted claims that cocoa farmers in Côte d’Ivoire are receiving higher farmgate prices than their Ghanaian counterparts. In a...

Producer price inflation fall to 3.8% in July 2025

Ghana’s Producer Price Inflation (PPI) went down by 2.0 percentage points to 3.8% in July 2025. This was the 6th consecutive month of decline and...

Mahama touts cedi stability, ratings upgrade and open-door investment reforms in Japan

President John Mahama has highlighted Ghana’s economic recovery and renewed investment appeal, touting the cedi’s stability, a sovereign ratings upgrade, and new reforms to...

Minority criticises BoG’s sterilisation policy, urges pro-growth measures

The Minority in Parliament has criticised the Bank of Ghana’s (BoG) sterilisation policy, describing it as harmful to economic growth. They are urging the government...

Mahama touts ‘Big Push’ agenda, urges Japan to invest in energy, agribusiness and manufacturing

President John Mahama has called on Japanese businesses to seize investment opportunities in Ghana as part of the country’s bold economic transformation agenda anchored...

Six banks will merge or be acquired by well-capitalised banks – Fitch

Fitch Ratings estimates that six banks operating in Ghana are unlikely to achieve capital compliance through internal capital generation alone. Therefore, they will need to...

Mahama courts Japanese investors, highlights Ghana’s gateway to Africa’s 1.4 billion market

President John Mahama has urged Japanese businesses to seize Ghana’s strategic position as a gateway to Africa and take advantage of a continental market...

DDEP: Big pay day for bondholders as gov’t disburses GH¢9.7 billion

The Government of Ghana has pumped a staggering GH¢9.7 billion into the economy in its latest coupon payment under the Domestic Debt Exchange Programme...

Finance Minister inaugurates Ghana Gold Board Tribunal

The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated the Ghana Gold Board (GoldBod) Tribunal. The ceremony was attended by Deputy Finance Minister Thomas...

Cocoa farmers revolt over prices, as coalition threatens mass smuggling

A coalition of Ghanaian cocoa farmers has threatened to bar officers of the national regulator from their farms to protest the newly announced producer...

Gov’t raises GH¢2.728bn in undersubscribed treasury bills auction

The government mobilized a total of GH¢2.728 billion in the last treasury bills auction, falling short of its GH¢4.24 billion target, a report by...

Cedi appreciates against dollar in retail market but depreciates on interbank market

The Ghana cedi appreciated marginally against the US dollar in the retail market but depreciated against the American greenback on the interbank market. According to...

GoldBod begins nationwide enforcement of mandatory receipt system for licensed gold buyers

The Ghana Gold Board (GoldBod) has commenced nationwide enforcement of its directive requiring all licensed gold buyers to issue official GoldBod receipts for every...

Ghana lost GH¢18.41bn in 2024 due to misuse of funds – Samson Lardy

Private legal practitioner and journalist, Samson Lardy Anyenini, has raised concerns about the continuous loss of public funds through corruption and poor accountability. Speaking at...

Some OMCs keep fuel prices unchanged despite projected increases

Some major Oil Marketing Companies (OMCs) have maintained petroleum product prices at the pumps despite industry projections of marginal changes from August 16. Data released...

Ghana’s poor score in ‘B-READY’ impedes private sector investments – World Bank

Ghana’s poor score in the World Bank’s B-READY categories signals challenges to creating an enabling environment that encourages private sector investment, the World Bank...

250 constituents in North Dayi to benefit from MP’s Agrogrowth initiatives

Member of Parliament for North Dayi, Joycelyn Quashie, under her Agrogrowth Project, has partnered with experts in agriculture and agribusiness to launch a comprehensive...

World Bank: Ghana’s disinflation gains momentum as cedi strengthens

Ghana has successfully resumed its disinflationary path in 2025, with a significant decline in headline inflation driven by tight monetary policy, a stronger currency,...

Ghana’s economy showed resilience in 2024 – World Bank Group

Ghana’s economy demonstrated remarkable resilience in 2024, with Gross Domestic Product (GDP) growth reaching 5.7 per cent, according to the World Bank Group’s 9th...

Prices of petrol and LPG to go up; Diesel to fall from August 16

The prices of petrol and Liquefied Petroleum Gas (LPG) are expected to go up marginally from August 16, 2025. However, that of diesel is...

Stakeholders welcome new regulatory Act to standardise shipping charges

Key industry stakeholders in the shipping industry have welcomed the passage of a new Act that gives the Ghana Shippers Authority sweeping powers to...

Chamber of Autodata Ghana calls for greater local content in Automotive components development policy 

The Chamber of Autodata Ghana has urged government to incorporate more local content into the soon-to-be-finalised Ghana Automotive Components Development Policy, which is expected...

World Bank projects 0.6% GDP revenue boost if Ghana fully implements 2025 tax measures

The World Bank has projected that Ghana could gain additional revenue equivalent to at least 0.6 percent of GDP in 2025 if the government...

Wilful loan defaulters face 5-year credit ban under new BoG rules

Wilful loan defaulters could soon face a five-year ban from accessing credit from any regulated financial institution in Ghana. The new Bank of Ghana (BoG)...

BoG celebrated as gold-standard for central management of commodities

The Bank of Ghana (BoG) is backing plans to expand domestic gold refining and value addition as part of a strategy to strengthen the...

BoG meets banks on foreign exchange auctions and liquidity challenges

The Governor of the Bank of Ghana (BoG), Dr. Johnson P. Asiama, has announced plans to engage the Ghana Association of Banks in the...

NPA threatens closure and decommissioning of illegal fuel stations

The National Petroleum Authority (NPA) has issued a strong warning to operators of fuel stations without the required licenses, stating that such facilities face...

Total Pension Fund assets hit GH¢86bn in 2024

The total value of pension fund assets in Ghana reached a record GH¢86.23 billion in 2024, up from GH¢61.8 billion in 2023. This represents a...

BoG Economics and Finance Chair at Legon advocates for an intensified gold and cocoa backed currency

Ghana could achieve long-term currency stability by partially backing the cedi with gold, cocoa, and other strategic resources, according to Professor Yegandi Imhotep Paul...

Domestic Gold Purchase Programme: BoG’s reserves increase by 100% within 5 years

The First Deputy Governor of the Bank of Ghana (BoG) has revealed that the Domestic Gold Purchase Programme has helped BoG to increase its...

Domestic Gold Purchase Programme has helped stabilise cedi – BoG First Deputy Governor

First Deputy Governor of the Bank of Ghana, Dr Zakari Mumuni, says the Central Bank’s Gold Purchase Programme has been instrumental in stabilising the...

Finance Ministry requests public input for 2026-2029 Budget

The Ministry of Finance has called on the public to share ideas and proposals for Ghana’s 2026–2029 Budget Statement and Economic Policy. In a statement,...

Gov’t targets $2bn boost for textile and garment industry by 2033

The government has unveiled plans to scale up Ghana’s textile and garment manufacturing industry, targeting over $2 billion in value by 2033. According to the...

GRA reacts to GH₵376m debt owed NIA 

The Ghana Revenue Authority (GRA) has firmly denied claims made by the National Identification Authority (NIA) that it owes outstanding fees, leading to a...

Melcom welcomes Dr. Ibrahim Awal as Communications and Strategy Consultant

The Melcom Group of Companies has officially welcomed Dr. Ibrahim Mohammed Awal as its new Consultant for Communications and Strategy. The announcement was made during...