Finance Minister announces cost-cutting measures
Finance Minister Dr. Cassiel Ato Forson has outlined a series of cost-cutting measures aimed at reducing government expenditure and ensuring prudent financial management.Speaking at...
GRA denies freezing accounts of BILLS Micro Credit chairman Richard Nii Armah Quaye
The Ghana Revenue Authority (GRA) has refuted claims that it has frozen the financial accounts of Richard Nii Armah Quaye, the businessman and Chairman...
GRA conducts tax assessment on businessman Richard Nii Armah Quaye
The Ghana Revenue Authority (GRA) has initiated an income tax assessment on businessman and Chairman of Micro Credit firm BILLS, Richard Nii Armah Quaye.
The...
Governor Asiama chairs first MPC meeting with proposed reforms
The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, will today, March 24, 2025, chair his first Monetary Policy Committee (MPC) meeting...
Commercial banks expand lending amid Treasury Bill rate decline
Commercial banks have begun exploring more lending options for businesses and diversifying their investments into high-yielding asset classes in response to declining Treasury Bill...
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...
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...
2025 budget betrays government’s priorities – Oppong Nkrumah
Member of Parliament for Ofoase Ayirebi and former Minister of Housing, Kojo Oppong Nkrumah, has raised concerns about the 2025 budget statement, suggesting that...
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...
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...
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)...
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...
Vice President charges new BoG governing board to provide dynamic leadership
Vice President Professor Jane Naana Opoku-Agyemang has sworn in the newly constituted 12-member governing board of the Bank of Ghana (BoG), urging them to...
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...
We need a paradigm shift in Ghana’s taxation policy – Former Deputy Finance Minister
The Member of Parliament for Nhyiaeso in Kumasi, Ashanti region and former Deputy Minister of Finance, Dr. Stephen Amoah has called for a fundamental...
38% of Ghanaians rely on family and friends for financial support every month – report
The 2024 Financial Services Monitor published by Old Mutual has revealed that 38 percent of Ghanaians rely on family and friends, either locally or...
What type of bank will you establish with GH₵51 million? – Oppong Nkrumah asks gov’t [Video]
Ofoase-Ayirebi Member of Parliament (MP) Kojo Oppong Nkrumah has criticised the Mahama-led government over the budgetary allocation for the Women's Development Bank.
Finance Minister Dr....
2025 Budget: Ato Forson behaved like a woman in labour – Haruna Iddrisu
The Minister for Education, Haruna Iddrisu, says Finance Minister Dr. Cassiel Ato Forson laid bare all there is to know about the national economy...
‘Taxpayer cannot be a punching bag’ – Dr Ato Forson on BoG’s ¢53bn bailout request
Finance Minister Dr. Cassiel Ato Forson has ruled out the use of taxpayer money to recapitalise the Bank of Ghana (BoG), following revelations that...
Ato Forson disputes Amin Adam’s claim on betting tax implementation
Ghana's Finance Minister, Dr. Cassiel Ato Forson, has dismissed claims by former Finance Minister Mohammed Amin Adam that the previous administration never implemented the...
Ghana to pay GH¢150.3bn in Domestic Debt service over next 4 years
Over the next four years, Ghana is expected to pay approximately GH¢150.3 billion in domestic debt service, representing 11.6% of Gross Domestic Product (GDP).
Of...
Court reverses Bank of Ghana’s revocation of Ideal Finance’s licence
The High Court (Human Rights Division) has overturned the Bank of Ghana’s (BoG) decision to revoke the operating licence of Ideal Finance Limited, ruling...
Exclusive PHOTOS from the 2025 Budget Presentation
Finance Minister Dr. Cassiel Ato Forson on Tuesday, March 11, 2025, presented the 2025 Budget Statement and Economic Policy to Parliament.
This marks the first...
Full text: Finance Minister presents 2025 budget in Parliament
The Minister of Finance, Dr. Cassiel Ato Forson, on Tuesday, March 11, 2025, presented the 2025 Budget Statement and Economic Policy in parliament.The presentation...
All the photos you need to see from National Economic Dialogue
President John Dramani Mahama on Monday, March 3, opened the National Economic Dialogue, a landmark initiative aimed at "Resetting Ghana: Building the Economy We...
Ghana Fintech Awards: eTranzact Ghana awarded Best Fintech Company
eTranzact Ghana, a leading provider of payments technology, was awarded the title of ‘Fintech Company of the Year’ at the 4th Ghana Fintech Awards,...
We will reverse BoG’s negative equity – Governor Asiama
The newly sworn-in Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has outlined plans to address the central bank’s negative equity position...
Producer Price inflation hits 28.5% in January 2025
Producer price inflation at ex-factory prices for all goods and services rose to 28.5% in January 2025, up from 26.1% in December 2024.
The month-on-month...
ISSER Director cautions against hastily reinstating bank licenses
The Director of the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey, has urged the government and the leadership of the...
Pensioner bondholders express cautious optimism over govt’s commitment to payments
Pensioner bondholders in Ghana have expressed cautious optimism following the government’s commitment to honouring coupon payments, marking the first instalment under the new administration.
Speaking...
FABAG urges Finance Minister to scrap excise tax on fruit juices
The Food and Beverages Association of Ghana (FABAG) has urged Finance Minister Dr. Cassiel Ato Forson to scrap the Excise Tax on fruit juices...
CIMG: Michael Abbiw is new President as new national executives are elected
The Chartered Institute of Marketing, Ghana (CIMG) has officially announced the results of its highly anticipated national elections.The voting process, overseen by the Electoral...
World Bank attributes Ghana’s 2022 crisis to lack of fiscal discipline
The World Bank has attributed Ghana’s 2022 economic crisis to a lack of fiscal discipline and an expensive response to global shocks.
In its Ghana...
Finance Minister to present 2025 budget on March 10
The Minister of Finance, Dr. Cassiel Ato Forson, is expected to present the 2025 Budget to Parliament on March 10.
This is the date proposed...
Edward Ato Sarpong nominated as Managing Director of ADB
The majority shareholder of the Agricultural Development Bank (ADB) has nominated chartered accountant and former Deputy Minister of Communications, Edward Ato Sarpong, as the...
IMF doesn’t have jurisdiction over appointment of Bank of Ghana Governor – Kwakye tells Boako
The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, is opposing the idea of the lawmaker for Tano North,...
Johnson Asiamah uniquely qualified to hold BoG Governor position – Kwakye Ofosu
Felix Kwakye Ofosu, the Acting Spokesperson for President John Dramani Mahama, has expressed confidence in Dr. Johnson Asiamah’s qualification to hold the position of...
Dr. Nii Moi Thompson appointed chairman of NDPC
Development Economist Dr. Nii Moi Thompson has been appointed Chairman of the National Development Planning Commission (NDPC), pending consultations with the Council of State.Dr....