‘If the Finance Minister doesn’t get it right…’ – AGI boss warns of fallout from Trump tariffs
The President of the Association of Ghana Industries (AGI) has warned about the economic implications of the recently announced 10% tariff on Ghanaian cocoa...
China hits back at Trump tariff hike, raises duties on US goods to 125%
Beijing increased its tariffs on U.S. imports to 125% on Friday, retaliating against U.S. President Donald Trump's decision to raise duties on Chinese goods...
AGI President warns of structural economic vulnerabilities amid U.S. tariffs
The President of the Association of Ghana Industries (AGI), Dr. Humphrey Ayim-Darke, has warned that the recent 10% tariff imposed on Ghanaian exports by...
AGI President says Covid-19 was a missed opportunity for Ghana’s industrialization
The President of the Association of Ghana Industries (AGI), Dr. Humphrey Ayim-Darke, has described the Covid-19 pandemic as a missed golden opportunity for Ghana...
AGI President criticises weak local content amid new U.S. tariffs
Dr. Humphrey Ayim-Darke, President of the Association of Ghana Industries (AGI), has raised concerns over Ghana’s industrial preparedness in the face of global economic...
GRA declares war on VAT leakage as stakeholders rally for tax reform
The Ghana Revenue Authority (GRA) has begun a stakeholder dialogue aimed at reversing declining trends in revenue mobilisation under the Value Added Tax (VAT)...
Ghana Used Clothing Dealers Association reject report on textile waste in Ghana
The Ghana Used Clothing Dealers Association has debunked claims that 40% of imported used clothing ends up as waste in landfills, burning sites, and...
BoG moves towards risk-sensitive regulation for banks
The Governor of the Bank of Ghana, Dr. Johnson Asiama, has announced a move towards risk-sensitive regulation and a system award model for overseeing...
Ghana Used Clothing Dealers Association in Accra declares strike action
The Ghana Used Clothing Dealers Association, Accra Chapter, has declared a strike action for Thursday, April 10, 2025, in response to what they call...
Bank of Ghana governor urges prudence in lending rate adjustments
The Bank of Ghana Governor, Dr. Johnson Asiama, has urged commercial banks to exercise caution and transparency when adjusting their lending rates following the...
Investors shifting to Bank of Ghana bills as T-bills face decline
Investors have increasingly turned to Bank of Ghana bills, offering returns of about 28%, instead of traditional treasury bills, amid a sharp decline in...
Global digital business services provider TP expands operations in Ghana to employ 5,000 Ghanaians
Global digital business services provider TP has launched its third office in Accra, a move aimed at creating new job opportunities and contributing to...
COCOBOD maintains cocoa prices despite rise in Côte d’Ivoire
The Ghana Cocoa Board (COCOBOD) has confirmed that it will maintain the current producer price for cocoa beans for the remainder of the 2024/25...
Finance Minister to establish compliance desk to enforce new PFM Act
The Minister for Finance, Dr Cassiel Ato Forson, has announced the establishment of a dedicated Compliance Desk within the Ministry to monitor and enforce...
CDM urges Ghana to leverage AfCFTA, WTO to counter U.S. tariff
The Centre for Democratic Movement (CDM) is urging Ghana to intensify regional trade integration and prepare to challenge the new U.S. tariff through international...
CDM advocates for national export support legislation amid tariff shock
In the wake of the United States’ imposition of a 10% tariff on Ghanaian exports, the Centre for Democratic Movement (CDM) has proposed the...
CDM demands national response to U.S. tariff on Ghanaian exports
The Centre for Democratic Movement (CDM) has called for a coordinated national response to the United States’ recent imposition of a 10% tariff on...
NIB engages BoG on strategic initiatives to drive growth and operational efficiency
The Managing Director of National Investment Bank PLC (NIB), Dr. Doliwura Zakaria, has led a high-level delegation to engage the Governor of the Bank...
We are all worried but…. – Sampson Ahi on Trump tariffs [Listen]
Deputy Minister of Trade and Industry, Sampson Ahi, has expressed concern over the recent 10% tariff imposed on Ghanaian exports by U.S. President Donald...
No contractor will be paid until audit is complete – Finance Minister
Minister for Finance, Dr. Cassiel Ato Forson, has announced that government contractors will not receive any payments until a thorough audit of outstanding arrears...
No government contracts without MoF approval – Ato Forson warns
Finance Minister, Dr. Cassiel Ato Forson, has announced a firm directive that no government contract shall be approved without prior commencement authorization from the...
Secondary Bond Market activity drops by 51.67%
The secondary bond market experienced a sharp decline of 51.67% week-on-week, with a drop of GH¢483 million from GH¢999 million the previous week.
This decline...
BoG to cut policy rate in July 2025 – Report
IC Research, the research arm of IC Securities, forecasts that the Bank of Ghana will cut its policy rate for the first time since...
GRA exceeds revenue target in quarter one, records GH¢41bn
The Ghana Revenue Authority (GRA) has exceeded its first-quarter revenue target, recording GH¢41 billion, surpassing the target of GH¢36 billion.
Acting Commissioner-General of the GRA,...
US Ambassador stunned by 10% tariff on cocoa – Deputy Trade Minister
Deputy Minister of Trade and Industry, Sampson Ahi, has revealed that the United States Ambassador to Ghana, Virginia Palmer, was left surprised and concerned...
‘Our boxes are not for crime’ – BoG distances itself from misuse of currency containers
The Bank of Ghana (BoG) has issued a disclaimer following reports that its currency transport boxes are being misused by individuals for purposes unrelated...
Mahama orders full action on Trump tariffs – Deputy Trade Minister reveals
Deputy Trade Minister Sampson Ahi has revealed that President John Mahama has instructed government officials to do everything within their power to resolve the...
Banking Consultant calls for constitutional ceiling on gov’t borrowing
Ghanaian banking consultant Dr. Richmond Atuahene has called for urgent constitutional reforms to impose strict limits on government borrowing, describing the current economic situation...
Goldbod is the economic game changer Ghana needs – Finance Minister Ato Forson
Finance Minister Dr. Cassiel Ato Forson has described the Goldbod initiative as a game changer for Ghana’s economy.He highlighted its role in stabilising the...
Rev. Stephen Wilfred Arthur appointed Acting Director-General of GCAA
President John Mahama has appointed Rev. Stephen Wilfred Arthur, a distinguished aviation expert, as the acting Director-General of the Ghana Civil Aviation Authority (GCAA).
With...
‘We’re listening’ – BoG assures traders of stability amid high interest rates
The Bank of Ghana (BoG) has assured the Ghana Union of Traders Association (GUTA) that it remains committed to creating a stable and supportive...
BoG meets GUTA: Traders push back on interest rates as central bank defends inflation fight
The Bank of Ghana (BoG) met with the leadership of the Ghana Union of Traders Association (GUTA) on Friday at the Bank Square to...
US tariffs raise US recession risks, threaten global economic outlook – Fitch
US tariffs have reached levels that are transforming the global economic outlook, significantly raising US recession risks and constraining the Federal Reserve’s ability to...
E-Levy charges to be refunded by April 7 – EMIs Chamber assures public
The Electronic Money Issuers (EMIs) Chamber of Ghana says all E-Levy charges made on mobile money and other electronic transfers from April 2, 2025,...
Don’t celebrate yet, declined T-bill yields artificial – IPPA to Finance Minister
The Institute of Public Policy and Accountability (IPPA) has urged the Finance Minister, Dr. Cassiel Ato Forson not to celebrate over the recent sharp...
CalBank PLC appoints Daniel Nii Kwei-Kumah as new board chairman
CalBank PLC has announced the appointment of new board members, with Daniel Nii Kwei-Kumah Sackey as the Chairman of the Board of Directors.His appointment...
Finance Minister engages Chinese Ambassador to deepen bilateral cooperation
Finance Minister Dr. Cassiel Ato Forson met earlier today with the Chinese Ambassador to Ghana, H.E. Tong Defa, to strengthen ongoing collaboration and explore...
VRA embarks on mission to recover all debt
The new Chief Executive Officer (CEO) of the Volta River Authority (VRA), Ing. Edward Obeng Kenzo, has embarked on a strategic mission to recover...
Ghana courts British Investment as BII eyes Agribusiness and financial sector support
In a significant move to deepen foreign investment in Ghana, the Finance Minister, Dr. Cassiel Ato Forson, met with representatives from British International Investment...
Gov’t to enforce local procurement policy to boost industry – Ato Forson
The Minister for Finance, Dr. Cassiel Ato Forson, has announced that the government will soon implement a new policy requiring all public sector agencies...