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We inherited a bleeding energy sector with annual shortfalls over $1.5bn – Finance Minister 

Finance Minister Dr. Cassiel Ato Forson has revealed that the current administration inherited a severely distressed energy sector with annual financing shortfalls exceeding $1.5...

How to send money from Ghana to Nigeria without using a bank

Sending money between African countries like Ghana and Nigeria has long been a slow, expensive, and frustrating process, especially through traditional banking systems. Long transaction...

We will take decisive measures to halt dollarisation of the economy- BoG Governor

The Governor of the Bank of Ghana (BoG) Dr. Johnson Asiama has assured that decisive measures will be taken to help halt dollarisation of...

NPA holds second stakeholder consultation on draft petroleum consumer complaint guidelines

The National Petroleum Authority (NPA) has convened a second stakeholder consultation session to deliberate on a draft guideline designed to streamline how Petroleum Service...

‘Taxpayers will pay for it’ – Dr Seddoh on 60% recovery threshold in banking crisis

A former CEO of the National Pensions Regulatory Authority (NPRA) has warned that taxpayers will ultimately bear the cost of the state’s decision to...

Finance Minister presents mid-year budget review today

The Finance Minister, Dr. Cassiel Ato Forson, is expected to present the 2024 Mid-Year Budget Review to Parliament today, July 24, 2025. The presentation is...

Gov’t notifies IMF of decision to cap public sector wage increases at 10%

The Government of Ghana has formally notified the International Monetary Fund (IMF) of its decision to cap public sector wage increases at 10 percent...

Mugabe Saifu Maase appointed board member of TOR

The Minister for Energy and Green Transition, John Abdulai Jinapor, has officially inaugurated the newly reconstituted Board of Directors for the Tema Oil Refinery...

22% of Ghanaian adults borrow from mobile money – World Bank report

Twenty –two percent of adults in Ghana borrow from mobile money providers. According to the World Bank’s 2025 Global Findex Report, 74% are formal borrowers. “In...

Ewurabena Aubynn sworn in as member of Ghana Shippers Authority Board

Ablekuma North Member of Parliament (MP), Ewurabena Aubynn, has been sworn in as a member of the Governing Board of the Ghana Shippers Authority. Her...

Mid-Year Budget Review: Ghanaians should expect good news – Kwakye Ofosu

Minister for Communications and Digitisation, Felix Kwakye Ofosu, has expressed optimism ahead of the 2025 mid-year budget review, assuring Ghanaians of positive developments. Speaking on...

Prices of some imported goods could be reduced in coming weeks – GIFF assures

The Ghana Institute of Freight Forwarders (GIFF) has revealed that prices of some imported goods could be reduced in the coming weeks following new...

Ghana likely to end 2025 with inflation rate in single digit – Deloitte

Ghana is likely to end 2025 with an inflation rate in single digits, below the Bank of Ghana's revised end-2025 target of 12%, Deloitte...

BoG announces new guidelines on application of exchange rate by players in shipping industry

Bank of Ghana (BoG) has announced a new set of guidelines on the application of exchange rates by players in the shipping industry, effective...

IMF backs removal of COVID-19 levy as new tax reforms receive high approval rate

The government's move to remove the COVID-19 levy from the country’s tax laws has received a strong endorsement from the International Monetary Fund (IMF),...

Bond market: Activities declined marginally to GH¢2.06bn

Activities in the secondary bond market declined by 2.63% week-on-week to GH¢2.06 billion. Trading remained concentrated in the General Category bonds, with the February 2027...

Ghana’s cocoa export volumes fall sharply by 50% despite rise in earnings in 2024 – Auditor General report

Ghana recorded a steep drop in cocoa bean exports in 2024, even though total earnings from the commodity rose significantly. This is according to...

GUTA threatens mass protest over foreign intrusion in retail sector

The Ghana Union of Traders Associations (GUTA) has issued a warning of nationwide demonstrations should the government fail to take decisive action against the...

GTBank hosts 4th annual autism workshop and consultation, strengthens advocacy for inclusive care

 Guaranty Trust Bank (Ghana) Ltd. (GTBank) has successfully held the fourth edition of its annual autism workshop and consultation, reaffirming its commitment to championing...

We have adequate dollars to meet market demand – BoG says

The Bank of Ghana (BoG) has assured that it has adequate dollars to meet demand from commercial banks and businesses in the country. The central...

Prof Peter Quartey dismisses claims of US dollar shortage in Ghana’s banking sector

The Director of the Institute of Statistical, Social and Economic Research (ISSER), Prof Peter Quartey, has dismissed claims of a US dollar shortage in...

Finance Minister to present Mid-Year Budget Review on July 24, 2025

Finance Minister Dr. Cassiel Ato Forson is set to present the 2025 Mid-Year Budget Review to Parliament on Thursday, July 24. The presentation is in...

Suame MP pushes for private member’s bill to support local auto mechanics

The Member of Parliament for Suame in the Ashanti Region, John Darko, has announced plans to introduce a Private Member’s Bill aimed at establishing...

Gov’t in talks to renegotiate IPP agreements for sector stability – John Jinapor

The Minister for Energy and Green Transition, John Jinapor, has revealed that the government is engaging Independent Power Producers (IPPs) to renegotiate contract terms...

Treasury Bills oversubscribed as investor confidence rebounds

Ghana’s Treasury recorded an oversubscription in its primary Treasury bill auction last week, as investor demand surged by 97.82 per cent above the government’s...

Mahama advocates strategic infrastructure investment to unlock AfCFTA’s full potential

President John Dramani Mahama is advocating massive investment in strategic infrastructure across the African continent, particularly transport networks and digital connectivity, to fully unlock...

Ghana–Turkey trade nears $900m as Istanbul hosts 2025 WCI Forum

Trade between Ghana and Turkey reached nearly USD 888 million in 2023, with Ghana exporting over USD 614 million worth of gold and Turkey...

Circle traders warn foreigners to stay away from retail business

The Chairman of the Circle Traders Association (MPADA), Eric Gyamfi, has issued a stern warning to foreigners engaged in retail trade in Ghana, urging...

GUTA assures price reduction if…

The Ghana Union of Traders Association (GUTA) has pledged to swiftly reduce prices of goods if the government effectively addresses the high shipping charges...

Ghana Gas Board engages Karpowership managers during Western Region tour

The governing board of Ghana Gas Company Limited, led by Chairman Kofi Totobi Quakyi, has undertaken a one-day working visit to the Western Region...

Cedi to end 2025 at GH¢11.45 to the dollar on interbank market – IC Research

The Ghana cedi is projected to close the year at GH¢11.45 against the US dollar on the interbank market. This is according to IC Research,...

Don’t rush to cut policy rate – Economist warns BoG

An economist at the University of Ghana, Dr. Adu Owusu-Sarkodie, has cautioned the Bank of Ghana (BoG) against rushing to reduce the monetary policy...

Emergency MPC meeting will not result in new policy rate – BoG Governor

The Bank of Ghana (BoG) Governor, Dr. Johnson Asiama, has revealed that the Emergency Monetary Policy Committee meeting will not result in a new...

CEMSE Boss calls for reforms at NPA, warns of corruption risks [Video]

The Executive Director of the Center for Environmental Management and Sustainable Energy (CEMSE), Benjamin Nsia, has called for urgent reforms at the National Petroleum...

The dollar is not a legal tender in Ghana, you have right to reject it as medium of payment – BoG Governor

The Governor of the Bank of Ghana (BoG) Dr. Johnson Asiama has categorically stated that the dollar is not a legal tender in Ghana...

“Data must be treated as core infrastructure” to achieve SDG 8 – Government Statistician

Government Statistician, Dr. Alhassan Iddrisu, has issued a compelling call to action at the High-Level Political Forum on Sustainable Development in New York, urging...

Energy sector showing signs of stability – John Jinapor

Ghana’s Minister for Energy and Green Transition, John Abdulai Jinapor, says the country’s energy sector is showing encouraging signs of stability and recovery. Speaking at...

Implementation of GH₵1 fuel levy pushes prices of petroleum products up

The implementation of the one cedi fuel levy which commenced today July 16, 2025 has pushed prices of petroleum products up at some pump...

Agric Minister solicits CSIR expertise to modernize agriculture

The Minister for Food and Agriculture, Eric Opoku, has called on the Council for Scientific and Industrial Research (CSIR) to take a leading role...

GH₵1 fuel levy takes effect today

Barring any last-minute changes, the Ghana Revenue Authority (GRA) is expected to begin implementing the recently approved GH¢1 Energy Sector levy on petroleum products...