Minority threatens to petition IMF over dropped charges against BoG Acting Governor
The Minority in Parliament has strongly criticised President John Dramani Mahama for allowing the discontinuation of criminal charges against Dr. Johnson Pandit Asiamah, the...
Gold-for-oil failed to curb prices, we await a better solution – Dr Riverson Oppong
The Chief Executive of the Association of Oil Marketing Companies (AOMCs) and LPG Marketing Companies has expressed dissatisfaction with the Gold-for-Oil (G4O) programme, stating...
Gold-for-Oil programme lacks transparency, will be replaced – Energy Minister
Energy Minister John Abdulai Jinapor has cast doubt on the transparency of the Gold-for-Oil (G4O) programme, stating that the initiative is riddled with opacity...
First Deputy Governor of BoG Dr. Maxwell Opoku-Afari resigns
The First Deputy Governor of the Bank of Ghana (BoG), Dr. Maxwell Opoku-Afari, has resigned.A letter from the Bank of Ghana, dated February 4,...
MASLOC CEO resigns
The Chief Executive Officer (CEO) of the Microfinance and Small Loans Centre (MASLOC), Hajia Abibata Shanni Mahama Zakariah, has officially resigned with immediate effect.Her...
New BoG Governor should not engage in official duties until approved – Afenyo-Markin to Mahama
The Minority in Parliament has raised objections to Dr. Johnson Asiamah assuming office as Governor of the Bank of Ghana (BoG) before receiving formal...
Wenchimanhene, now a custodian of a Warrior King Piéce unique
Ghana’s royal heritage meets masterful horology as Wenchimanhene adds a bespoke luxury watch to his collection.The revered Paramount Chief of Wenchi, Osagyefo Ampem Anye...
President nominates Dr. Abdul-Malik Seidu Zakaria as NIB Managing Director
President John Mahama has nominated Dr. Doli-Wura Awushi Abdul-Malik Seidu Zakaria as the new Managing Director of the National Investment Bank (NIB).A letter from...
RE: Angela List under scrutiny for false claims
Angela List has been accused of making false claims in an attempt to mislead the market, according to sources at BCM International. Contrary to...
Bond Market: Trading activity increases by 14.38% to GH¢986 million
Trading activity in the secondary bond market increased by 14.38% last week, closing at GH₵986 million, up from GH₵862 million.Trading remained concentrated at the...
COPEC urges gov’t action to curb rising fuel prices
The Chamber of Petroleum Consumers (COPEC) is calling on the Ghanaian government to take urgent action to curb the relentless rise in fuel prices,...
New BoG governor pledges to tackle inflation
The newly appointed Governor of the Bank of Ghana (BoG), Dr. Johnson Asiamah, has reaffirmed his commitment to addressing Ghana’s economic challenges, particularly persistent...
Lawsuit against Anthony Sarpong’s appointment as GRA boss withdrawn
The path has been cleared for Anthony Kwasi Sarpong to continue acting as Commissioner-General of the Ghana Revenue Authority (GRA) following the withdrawal of...
Cedi continues strong run against dollar; one dollar equals GH¢15.81
The cedi continued its strong run last week, appreciating against the US dollar and other major foreign currencies on the retail market.This narrowed its...
Inflation for January 2025 declines slightly to 23.5%
Inflation for January 2025 declined slightly from 23.8% in December 2024 to 23.5%.Food inflation continues to rise, recording 28.3% in January 2025, up from...
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....
Dr. Johnson Asiama takes over as Bank of Ghana Governor
The new Bank of Ghana Governor, Dr. Johnson Asiama, held a brief ceremony with the management of the Central Bank after officially taking over...
Fuel prices increase by 2%; petrol to sell at ¢15.72, diesel at ¢16.60 per litre
Ghanaians will have to brace for higher fuel costs as petroleum prices are expected to rise from today, with Liquefied Petroleum Gas (LPG) witnessing...
T-bills Auction: Gov’t records 43% oversubscription as interest rates tumble
For the 5th consecutive week, the government recorded an oversubscription in its treasury bills auction.According to auction results from the Bank of Ghana, the...
Mahama nominates Dr. Johnson Asiamah as Bank of Ghana Governor
President John Dramani Mahama has nominated Dr. Johnson Asiamah as the next Governor of the Bank of Ghana, pending approval from the Council of...
Prof Gyampo vows to tackle systemic wrongs as new GSA CEO
The newly appointed Acting Chief Executive Officer (CEO) of the Ghana Shippers Authority (GSA), Professor Ransford Gyampo, has pledged to confront systemic wrongs head-on...
Prices of petroleum products to go up marginally from February 1
Barring any unforeseen circumstances, the price of petrol, diesel and Liquified Petroleum Gas (LPG) will go up marginally from February 1, 2025..According to the...
We’ll do a proper SIM re-registration again – Communications Minister nominee
Samuel Nartey George, the Minister nominee for Communications, Digitalisation, and Innovation, has announced plans to conduct a proper SIM re-registration exercise if approved for...
Fintech is at the heart of Mahama’s government – Sam George
The Minister nominee for Communications, Digitalisation, and Innovation, Samuel Nartey George, has asserted that financial technology (fintech) is central to the vision of President...
MNOs failing to meet quality standards will face fines – Sam George
The Minister nominee for Communications, Digitalisation, and Innovation, Samuel Nartey George, has warned that Mobile Network Operators (MNOs) that fail to meet the required...
Rashid Pelpuo promises to work with FWSC to boost productivity
The Minister-nominee for Labour, Jobs, and Employment, Dr. Rashid Pelpuo, has reaffirmed his commitment to collaborating with the Fair Wages and Salaries Commission (FWSC)...
BoG introduces directive on financial inclusion for persons with disabilities
The Bank of Ghana has issued a directive on financial inclusion for persons with disabilities.This directive is in line with internationally accepted financial inclusion...
GIPC welcomes new CEO Bernice Makafui Brempong
The Ghana Investment Promotion Centre (GIPC) has announced the appointment of Dr. Bernice Makafui Brempong as its new Chief Executive Officer by President John...
NIC temporarily suspends 2025 Motor Insurance Tariff implementation
The National Insurance Commission (NIC) has temporarily suspended the implementation of the 2025 Motor Insurance Tariff due to unforeseen developments.In a letter dated January...
Ghana signs MoU with Official Creditor Committee to address debt issues
Government has officially signed a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC) to formalize debt treatment agreements aimed at restoring long-term...
Castel Group acquires full stake in Guinness Ghana for $81m
Diageo PLC has finalised the sale of its 80.4% stake in Guinness Ghana Breweries PLC (GGBL) to Castel Group for $81 million.The transaction however...
BoG’s intervention alone in forex market cannot ensure cedi stability
The Institute for Economic Affairs (IEA) has warned that the Bank of Ghana’s intervention in the forex market alone cannot guarantee lasting exchange rate...
Finance Minister inaugurates GoldBod Technical Committee to deliver operational framework
The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated the Ghana GoldBod Technical Committee, a flagship program under President John Mahama’s administration aimed...
Margaret Ansei appointed Acting CEO of Ghana Enterprises Agency
Margaret Ansei, popularly known as Magoo, has been appointed as the Acting Chief Executive Officer (CEO) of the Ghana Enterprises Agency (GEA).She succeeds Mrs....
Chamber of Autodata Ghana congratulates Mahama, pledges support for economic development
The Chamber of Autodata Ghana has extended its warmest congratulations to President John Dramani Mahama on his victory in the 2024 presidential election, as...
James Agyenim-Boateng named SIC Insurance Company MD
Former Presidential staffer James Agyenim-Boateng has been named the new Managing Director of SIC Insurance Company.This follows the revocation of Hollistar Duah-Yentumi's appointment.The announcement...
GCB appoints Farihan Alhassan as MD
Ghana Commercial Bank (GCB) has appointed Farihan Alhassan as its new Managing Director.The appointment follows the resignation of Kofi Adomako.In a statement, GCB explained...
Prof. Joshua Alabi appointed as GCB’s new board chairman
Ghana Commercial Bank (GCB) has appointed Professor Joshua Alabi as an Independent Non-Executive Director and Chairman of the Board of Directors.The appointment, which takes...
Banks NPLs surge to 21.8 percent – BoG
The banking industry’s Non-Performing Loans (NPL) ratio increased to 21.8% in December 2024, up from 20.6 percent in December 2023.According to the Bank of...
Full list of technical committee to develop legal framework for GOLDBOD
On Monday, January 27, 2025, Finance Minister, Dr. Cassiel Ato Forson, Ph.D., officially inaugurated a Technical Committee tasked with developing the legal and operational...