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Balance of Payments Improved Significantly in 2024 – ISSER Report

Business
Ghana’s balance of payments position recorded a strong improvement in 2024 compared to the previous year, according to the Institute of Statistical, Social and Economic Research (ISSER). The significant turnaround, detailed in ISSER’s 2024 State of the...

Kenya, Nigeria Copy Bawumia’s Gold Reserves Initiative.

Business
Nigeria and Kenya have become the latest African countries to adopt a gold-purchasing strategy pioneered by Dr. Mahamudu Bawumia,...

Ghana’s Economic Growth Slows to 4.5%

Business
Ghana’s economy expanded by 4.5% in July 2025, marking a slowdown from the 8.3% growth recorded in the same...

Bawumia’s Gold Purchasing Scheme Rescues Ghana’s Economy

Business
The Bank of Ghana (BoG) has announced that it will begin foreign exchange (FX) intermediation under its Domestic Gold...

Government Needs GH₵12 Billion Annually to Employ Unposted Teachers and Nurses – Deputy Finance Minister

Business
The Deputy Minister of Finance, Thomas Nyarko Ampem, has revealed that government will require an estimated GH₵12 billion every...

Food Prices Still High Despite Falling Inflation – Kojo Oppong Nkrumah Explains

Business
Member of Parliament for Ofoase Ayirebi, Kojo Oppong Nkrumah, has explained that the persistent high cost of food items...

PIAC Warns: Mahama’s “Big Push” Project Draining Funds from Oil and Gas Sector

Business
The Public Interest and Accountability Committee (PIAC) has raised red flags over the government’s decision to channel a greater...

Mahama’s Big Push Suffers a Blow as Ghana’s Crude Oil Production Drops

Business
Ghana’s three offshore producing fields - Jubilee, TEN, and SGN recorded a total crude oil production of 18,415,410.74 barrels...

BANK OF GHANA TO INJECT USD 1.15BN INTO FOREX MARKET TO STABILISE THE CEDI

Business
Institute of Political Studies, IPS-Ghana Perspective The Bank of Ghana’s announcement to inject USD 1.15 billion for forex market intermediation...

IMANI Africa: Inflation Falls to 9.4%, But Relief Uneven Across Ghana

Business
Policy think tank IMANI Africa has raised concerns that Ghana’s recent inflation decline is not being felt evenly across...

PURC Announces 1.14% Increase in Electricity Tariffs

Business
The Public Utilities Regulatory Commission (PURC) has announced a 1.14 per cent increase in electricity tariffs for all categories...

GOIL Increases Fuel Prices as Cedi Depreciation Pushes Up Costs

Business
Fuel prices at the pumps are on the rise again, with state-owned GOIL becoming the first Oil Marketing Company...

Ghana’s Public Debt Rises to GH¢628.8bn in July – Bank of Ghana

Business
Ghana’s total public debt stock rose by GH¢15.8 billion in July 2025, reaching GH¢628.8 billion, new data from the...

Ghana’s Trade Surplus Marginally Reduce to $6.2bn in Eight Months — BoG Governor

Business
Ghana has posted a trade surplus of $6.2 billion in the first eight months of 2025, driven mainly by...

Fuel Prices to Rise Again from Tuesday — COPEC

Business
Fuel prices in Ghana are set to rise from Tuesday, with consumers expected to pay more for petrol, diesel,...

Soaring Gold Prices Offer Mixed Fortunes for Ghana’s Mining Industry – Chamber of Mines President

Business
The President of the Ghana Chamber of Mines, Michael Edem Akafia, has cautioned that despite record-high global gold prices,...

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