How T-Bill rates shape BoG’s monetary policy
The Bank of Ghana Act 2002 (Act 612) grants the central bank operational independence and mandates the establishment of a Monetary Policy Committee (MPC)...
We’ve built enough buffers to meet all DDEP obligations – Finance Minister
The Minister for Finance, Dr. Cassiel Ato Forson, has assured the banking sector that the government has built sufficient financial buffers to meet all...
Ghana’s banking sector on path to recovery – Banks Association President
The President of the Ghana Association of Banks, Kwamina Asomaning, has expressed optimism about the country’s banking sector, stating that Ghana is on a...
We won’t be reckless – Finance Minister assures banks
The Minister for Finance, Dr. Cassiel Ato Forson (MP), has reassured banks that the government is committed to responsible economic management and will avoid...
Gold can give Ghana ten times more forex than cocoa gives – Sammy Gyamfi
The acting Managing Director of the Precious Minerals Marketing Company (PMMC), Sammy Gyamfi, has raised concerns over the significant loss of foreign exchange Ghana...
IEA warns of risks in 2025 budget’s social interventions
The Institute of Economic Policy is cautioning against the heavy reliance of the 2025 Budget on social interventions.
According to the institute, this approach may...
Government to borrow GH¢6.14bn in T-Bills on March 21
The government is set to borrow GH¢6.14 billion from the treasury market on Friday, March 21, 2025, through the issuance of the 91-day, 182-day,...
John Jinapor engages CSOs in Energy Sector
The Minister for Energy and Green Transition, John Abdulai Jinapor, has expressed deep concern over the rising debt within Ghana’s energy sector, warning that...
Gold-for-Oil policy responsible for stable petroleum prices – Hassan Tampuli
The former Deputy Minister for Transport, Hassan Tampuli, has credited the Gold for Oil policy introduced by the previous Nana Akufo-Addo administration for the...
Roads Minister and COCOBOD CEO form committee to address stalled cocoa roads projects
The Minister for Roads and Highways, Kwame Agbodza, and the Chief Executive Officer of COCOBOD, Dr. Ransford Abbey, have met to strategize on funding...
NHIL uncapping to offset USAID funding suspension – Ato Forson
The government has announced that the uncapping of the National Health Insurance Levy (NHIL) is expected to generate approximately GH¢9.9 billion to help bridge...
Ghana restructuring economy by cutting agricultural imports – Goosie Tanoh
The Presidential Advisor on the 24-hour Economy policy, Goosie Tanoh, has stressed the urgent need to restructure Ghana’s economy and reduce its dependence on...
ISSER boss opposes gov’t plan to scrap betting tax
The Executive Director of the Institute of Statistical, Social, and Economic Research (ISSER), Professor Peter Quartey, has strongly opposed the government’s plan to abolish...
2025 budget: GH¢1.5bn allocation to agric highly insufficient – Agri-Impact CEO
The Chief Executive Officer of Agri-Impact Limited, Daniel Fahene Acquaye, has raised concerns over the 2025 budgetary allocation to the agricultural sector, describing it...
Ghana ready to collaborate with India on agriculture and infrastructure – Foreign Affairs Minister
Ghana’s Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has expressed the country's commitment to strengthening ties with India, particularly in the fields of agricultural...
Finance Minister assures Parliament of efforts to stabilise Ghanaian cedi
Finance Minister Dr. Cassiel Ato Forson has assured Parliament that the government is taking steps to stabilise the Ghanaian Cedi against major trading currencies.
Addressing...
Akufo-Addo’s COVID-19 borrowing was essential, not reckless – Amin Adam
Former Finance Minister Dr. Mohammed Amin Adam has defended the Akufo-Addo administration’s borrowing during the COVID-19 pandemic, insisting that the loans secured were essential...
IEA welcomes tax abolitions but…
The Institute of Economic Affairs (IEA) has welcomed the decision by Finance Minister Dr. Cassiel Ato Forson to abolish certain nuisance and obsolete taxes...
Deputy Finance Minister justifies removal of E-Levy, betting tax
Deputy Finance Minister Thomas Ampem Nyarko has articulated the government’s rationale behind the decision to abolish the Electronic Levy (E-Levy), the betting tax, and...
Amin Adam defends Akufo-Addo’s borrowing amid COVID-19 crisis
Former Finance Minister Dr. Mohammed Amin Adam has defended the Akufo-Addo administration’s borrowing practices, arguing that loans secured during the COVID-19 pandemic were essential...
Akufo-Addo govt did not mismanage economy – Amin Adam
Former Finance Minister Dr. Mohammed Amin Adam has disagreed with President John Mahama’s assertion that the Akufo-Addo administration mishandled the economy.During an interview on...
Amin Adam questions job creation prospects in 2025 budget
Former Finance Minister Dr. Mohammed Amin Adam has raised concerns over the 2025 budget, particularly its impact on public sector employment.
Speaking in an interview...
TOR requires $25 million for full revamp – MD
The Managing Director of the Tema Oil Refinery (TOR), Dr. Yussif Sulemana, has disclosed that the refinery needs an estimated $25 million to restore...
Deloitte warns scrapped taxes could affect revenue target
Deloitte Ghana has cautioned that the removal of certain taxes in the 2025 Budget could pose a risk to the government’s revenue targets due...
Maame Samma Peprah takes over as Acting Registrar of Companies
Maame Samma Peprah has officially assumed office as the Acting Registrar of Companies (ROC) in Accra, following a brief handover ceremony on Monday, March...
Shortcomings of the 2025 Budget and economic policies
Finance Minister Cassiel Ato Forson has presented the first annual national budget and economic policy statement under the John Dramani Mahama administration to Parliament,...
Seth Terkper defends 2025 budget
Presidential Advisor on the Economy, Seth Terkper, has defended the government’s 2025 budget, describing it as a necessary step to implement austerity measures aimed...
Senyo Hosi backs government’s GoldBod initiative
Economist Senyo Hosi has welcomed the establishment of GoldBod by the government as part of efforts to regulate and optimize the country’s benefits from...
Ghana risks failing fourth IMF review – Experts warn
Chief Executive of Delax Finance, Joe Jackson, and Senior Country Partner of PwC Ghana, Vish Ashiagbor, have cautioned that Ghana could fail to pass...
Government exceeds treasury bill target, raises extra GHS 514 million
The government has once again surpassed its Treasury bill target, raising GHS 514 million more than planned in the latest auction.
According to auction results...
Prof. Quartey calls for debt ceiling, prudent financial management
Professor Peter Quartey of the Institute of Statistical Social and Economic Research (ISSER), University of Ghana, has urged policymakers to impose a strict debt...
2025 budget: We could benefit significantly if… – Former Deputy Finance Minister
Former Deputy Minister of Finance, Dr Stephen Amoah has acknowledged that some aspects of the 2025 Budget presented by the National Democratic Congress (NDC)...
Ghana, Japan sign $13.4m agreement to enhance Tamale’s electricity supply
Ghana and Japan have formalized a $13.44 million grant agreement aimed at improving the stability and reliability of electricity supply in Tamale, the capital...
Gov’t to borrow GH¢8.26bn in T-bills auction today, March 14, 2025
The government is set to borrow GH¢8.26 billion through treasury bills today, March 14, 2025.
The funds will be raised via the issuance of 91-day,...
Old tax system unsustainable – Vish Ashiagbor
The Country Senior Partner at PWC Ghana, Vish Ashiagbor, has emphasized that the success of Ghana’s VAT reform depends on collective will and sustained...
GRA moves to improve tax compliance, targets GH₵220 billion revenue
Leaders and management of the Ghana Revenue Authority (GRA) have begun developing a comprehensive plan to enhance tax compliance and widen the tax net...
Pursue projects under National Dev’t Plan – Prof. Quartey advises gov’t
Economist and Director of the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey, has urged the John Mahama government to align...
BoG Governor pledges to restore financial strength amid economic challenges
The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has committed to restoring the financial strength of the central bank, assuring that...
Gov’t announces ‘Nkukor Nkitinkiti’ policy to revive poultry industry and boost agriculture
Government spokesperson Felix Kwakye Ofosu has highlighted the collapse of Ghana’s poultry industry and emphasized the importance of the new ‘Nkukor Nkitinkiti’ policy aimed...
Mahama warns loss-making SOEs: Reform, merge, privatize, or shut down
President John Dramani Mahama has issued a strong warning to State-Owned Enterprises (SOEs) operating at a loss, stating that they will either be merged,...