NPA explores 24-hour economy strategies for petroleum sector
The National Petroleum Authority (NPA) is exploring strategies within the downstream petroleum value chain to support the implementation of a 24-hour economy in the...
Domestic Banks dominate secured loans in 2024 Q4 – BoG
The Bank of Ghana's (BoG) latest Quarterly Collateral Registry report has revealed that the share of secured loans granted by domestically owned banks increased...
Energy Minister to form stakeholder committee for downstream petroleum reform
The Minister for Energy and Green Transition, John Jinapor, has disclosed plans to constitute a stakeholder committee to undertake a comprehensive reform of the...
T-bills: Government to borrow GH¢7.73bn on Friday; yields to continue falling
The government plans to raise GH¢7.73 billion this Friday February 21, 2025 through the issuance of the 91-day, 182-day, and 364-day bills.This will cover...
Ghana plans return to domestic bond market in second quarter of 2025
After implementing a domestic debt exchange program that concluded in February 2023 with over 80% participation, the government is preparing to re-enter the local...
Government should not cancel ‘Gold for Oil Programme’ – Dr. Ackah
The Executive Director of the Ghana Gold Expo Foundation, Dr. Stephen Ackah, has appealed to the government not to cancel the ‘Gold for Oil...
Ghanaians must seek God’s forgiveness for mismanaging natural resources – Banking Consultant
Banking Consultant Richmond Atuahene has urged Ghanaians to seek forgiveness from God for the country’s failure to utilize its natural resources wisely.
His remarks come...
No more than $250m in borrowing for 2025 – IMF to Ghana
Ghana cannot borrow more than $250 million—including commercial loans—in 2025, under a borrowing cap as part of a Memorandum of Understanding (MOU) with its...
NHIS faces financing shortfalls, impacting health progress – World Bank
The National Health Insurance Scheme (NHIS) is facing financing shortfalls that are undermining progress in health and the protection of vulnerable groups, according to...
Cedi continues strong performance against dollar, trades at GH₵15.75
The Ghana cedi continued its strong performance against the US dollar in the retail market on February 17, 2025, trading at an average of...
NPA introduces new price floor for petroleum products
The National Petroleum Authority (NPA) has introduced a new price floor for petroleum products for the second pricing window of February 2025, effective from...
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...
Mahama appoints Dr. Abiba Zakariah as Acting Commissioner of NIC
President John Mahama has appointed seasoned insurer and former Chief Operating Officer of WAICA Reinsurance Corporation, Dr. Abiba Zakariah, as the acting Commissioner of...
DDEP: NPP did not default; We ensured smooth payments before leaving office – Dr. Amin Adam
Former Finance Minister Dr. Mohammed Amin Adam has credited the New Patriotic Party (NPP) for ensuring timely coupon payments under the Domestic Debt Exchange...
Do things right to win investors’ trust – Pensioners bondholders forum to gov’t
The Convener of the Pensioners Bondholders Forum, Dr. Adu Anane Antwi, has urged the government to ensure it fulfills its financial obligations to investors...
Debt Exchange: Finance Ministry pays GH₵6bn to bondholders
The Ministry of Finance has released GH₵6.081 billion to settle all bondholders under the Domestic Debt Exchange Programme (DDEP).
This follows President John Mahama’s directive...
There has been no increase in cocoa prices – Agric Minister clarifies
The Minister for Food and Agriculture, Eric Opoku, has dismissed claims that the government has announced an increase in cocoa prices.
Speaking in an interview...
CID boss sues bank over late husband’s accounts
The Director-General of the Criminal Investigations Department (CID) of the Ghana Police Service, Commissioner of Police (COP) Faustina Andoh-Kwofie, has initiated a legal action...
NPA Acting CEO tours fuel installations
The Acting Chief Executive of the National Petroleum Authority (NPA), Godwin Kudzo Tameklo, has embarked on a nationwide tour of fuel installations to assess...
Discontinuing the IMF programme would be unwise – Prof Bokpin
A professor of finance and economics at the University of Ghana, Prof Godfred Bokpin, says it will be bad for the economy if the...
I’m committed to stabilising Ghana’s economy – Mahama reaffirms
President John Dramani Mahama has reiterated his government's commitment to stabilizing Ghana's economy as the foundation for sustainable development.
Speaking at the Africa Business Forum...
Mahama urges quick establishment of key African Financial Institutions
President John Mahama has called for the swift establishment of key financial institutions to accelerate Africa’s economic integration and reduce reliance on foreign aid.
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...
Demand for Treasury Bills soars amid economic shifts
In an unprecedented move, the Bank of Ghana's recent auction of treasury bills saw a surge in investor interest, marking the highest demand in...
Global oil prices drop, but cedi depreciation keeps fuel prices high
Consumers are facing mixed outcomes at the pumps as global fuel prices decline, but the depreciation of the local currency could undermine potential relief.
Despite...
Good news for cocoa farmers
The Minister for Food and Agriculture, Eric Opoku, has announced that the government will offer cocoa farmers 70% of the world market price for...
Chanrai Brands launches Blue Band Professional Pack to boost nutrition
Chanrai Brands Limited has introduced the Blue Band 10kg Professional Pack, a nutrient-rich, plant-based margarine aimed at enhancing Ghana’s food industry while supporting local...
IMF sets April 2025 to assess Ghana’s progress in meeting key requirements
The International Monetary Fund(IMF) has indicated that it will formally assess Ghana’s progress in meeting key commitments in April 2025.This will be in the...
Ministry of Finance releases new report on Ghana’s VAT system
The Ministry of Finance has released a report reviewing Ghana’s Value Added Tax (VAT) structure, in collaboration with researchers from the Institute for Fiscal...
Importers and Exporters Association calls for ICUMS reforms, not removal
The Importers and Exporters Association is advocating for reforms to the Integrated Customs Management System (ICUMS) rather than its complete removal, citing its vital...
Karpowership engages gov’t over accumulated debt
Karpowership Ghana has assured the public that there is no immediate threat of a power shutdown despite ongoing discussions with the government regarding accumulated...
Total value of secured loans in Q4 hits GH¢8.2bn – BoG
The total value of secured loans granted by banks and Specialised Deposit-Taking Institutions (SDIs) in Quarter 4 (Q4) 2024 was GH¢8.2 billion.
This is relative...
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...
CDM condemns appointment of Dr Asiama as BoG Governor
The Center for Democratic Movement (CDM) has strongly condemned the appointment of Dr. Johnson Asiama as the Governor of the Bank of Ghana (BoG),...
Economist cautions government against hastily removing taxes
Economist Dr. Priscilla Twumasi Baffour has warned the government against rushing to remove taxes it promised to scrap if doing so would negatively impact...
Heritage Bank would have been unmatched in Ghana’s banking sector – Seidu Agongo
The majority shareholder of the now-defunct Heritage Bank, Alhaji Seidu Agongo, has asserted that his bank could have reshaped Ghana’s banking sector with unrivaled...
From Peril to Promise: Star Oil builds modern school to save lives and secure futures in CK Kope
For years, the children of CK Kope in Tapa Abotoase, Biakoye District of the Oti Region, have braved the treacherous waters of the Volta...
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...
World Bank warns Ghana against premature return to Int’l capital markets
World Bank Country Director for Ghana, Liberia, and Sierra Leone, Robert Taliercio, has cautioned Ghana against rushing back to international capital markets, warning that...
Lack of fiscal discipline plunged Ghana into full-fledged crisis in 2022 – World Bank
The World Bank has disclosed that a lack of fiscal discipline and expensive fiscal response to global shocks plunged Ghana into a full-fledged crisis...