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IMF targets will be irrelevant by 2028 – Bright Simons warns against exit

Ghana’s potential early exit from the International Monetary Fund (IMF) programme is generating more heat than light, according to Bright Simons, Vice President of...

‘Early IMF exit makes for great optics, bad economics – Bright Simons warns of premature celebration

  Vice President of IMANI Africa, Bright Simons, has criticized the government’s planned early exit from the IMF programme, calling it a “classic case of...

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...

Bank of Ghana reports 33% rise in staff-involved fraud in 2024

The Bank of Ghana has reported a sharp 33% increase in staff involvement in fraudulent activities across the banking and specialised deposit-taking sector for...

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...

Aliko Dangote loses $397 million in a day as cement shares tumble

Aliko Dangote, Africa’s richest man and founder of the Dangote Group, saw his net worth drop by $397 million in a single day, following...

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...

We need policies that truly support entrepreneurs — Mahama

Former President John Dramani Mahama has called for the implementation of sound economic policies aimed at empowering entrepreneurs and fostering a vibrant business climate...

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...

Heavy downpour disrupts Kwahu Easter trading

Heavy rainfall on Friday evening interrupted the annual Kwahu Easter festival, leaving market women and restaurant operators disappointed as they had anticipated a lucrative...

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...

Your jobs are safe – Lands Minister assures Damang Mines workers

Lands Minister Emmanuel Armah-Kofi Buah has allayed fears of job losses following the botched licence renewal of Abosso Gold Fields’ Damang Mines. He made this...

Kwahu Easter: Traders eye big sales despite soaring food prices

As thousands of revelers prepare to ascend the Kwahu Ridge for the much-anticipated Easter celebrations, traders in the area are hopeful of making brisk...

Broken promises of a 30-year lease – Damang Youth demand accountability from Goldfields

The 2015 Stability Agreement signed between the Government of Ghana and Goldfields was intended to be a turning point for Damang—an agreement in exchange...

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...

Ghana to electrify 150 off-grid communities in major renewable energy drive

The government has announced plans to scale up investment in renewable energy infrastructure by electrifying 150 additional off-grid island and lake communities across the...

Producer price inflation for March eases to 24.4%

The year-on-year producer inflation rate for March 2025 has reduced to 24.4 percent, from 27.6 percent recorded in February 2025, the Ghana Statistical Service...

Cybersecurity expert urges telcos to identify system vulnerabilities amid rising MoMo fraud

A cybersecurity expert has urged telecommunications companies, especially mobile money operators, to rigorously assess their systems for hidden vulnerabilities as incidents of mobile money...

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...

Sincerity, friendship and equality: Shaping diplomacy in an era of global economic turbulence

As the world economy faces severe challenges of rising unilateralism and a trade war looms large on the prospects of global economic recovery, certain...

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...