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Fitch Warns Six Ghanaian Banks May Struggle to Meet Capital Requirements

Business
Global ratings agency, Fitch, has flagged that six banks operating in Ghana are unlikely to meet capital adequacy requirements...

Funds Management Sector Records Strong 31% Growth in 2024

Business
Ghana’s funds management sector recorded impressive growth in 2024, with total Assets Under Management (AUM) rising to GH₵71.97 billion,...

MTN Ghana to Temporarily Suspend MoMo Services on August 17 for System Upgrade

Business
MTN Ghana has announced a planned system upgrade that will temporarily suspend all Mobile Money (MoMo) services from 12:00...

World Bank Warns BoG Against Excessive FX Interventions

Business
The World Bank has cautioned the Bank of Ghana (BoG) against excessive foreign exchange (FX) interventions, warning that such...

World Bank Flags Financial Risks at COCOBOD Despite Record Cocoa Prices

Business
The World Bank has expressed concern over the financial stability of the Ghana Cocoa Board (COCOBOD), warning that persistent...

World Bank Urges Urgent Reforms in Ghana’s Energy and Cocoa Sectors to Safeguard Growth

Business
The World Bank has called on Ghana to urgently tackle structural challenges in its energy and cocoa sectors to...

BoG Doubles Gold Reserves in Five Months Thanks To Bawumia’s Domestic Gold Purchase Programme

Business
The Bank of Ghana (BoG) has doubled its gold reserves in just five months since June 2021, thanks to...

T-Bills Undersubscribed Despite Falling Interest Rates

Business
Government treasury bills have recorded their first undersubscription in about three weeks, despite a marginal drop in interest rates...

BoG’s Gold Purchase Programme Boosts Cedi Stability, Improves Ghana’s Credit Rating – First Deputy Governor

Business
The First Deputy Governor of the Bank of Ghana (BoG), Dr. Zakari Mumuni, has credited the Central Bank’s Gold...

COPEC Opposes Proposed 20% Transport Fare Hike

Business
The Chamber of Petroleum Consumers (COPEC) has strongly rejected any move by transport operators to increase commercial fares by...

Public Transport Fares to Increase by 20% from August 8

Business
Public transport fares across Ghana will go up by 20% effective Friday, August 8, 2025, the Road Transport Operators...

Shoprite to Exit Ghana After Over Two Decades of Operations

Business
South Africa’s largest grocery retailer, Shoprite Holdings, has confirmed plans to pull out of Ghana, marking the latest step...

Cedi’s Sharp Appreciation Triggers 50% Drop in Remittance Inflows — BoG Governor

Business
Governor of the Bank of Ghana, Dr. Johnson Asiama, has revealed that the recent surge in the value of...

U.S. Slaps 15% Tariff on Ghanaian Exports Under Trump Executive Order

Business
Ghanaian exports to the United States will face a 15% ad valorem tariff following a new executive order signed...

Alex Mould Questions Ghana’s High Interest Rates Despite Economic Improvements

Business
Former Executive Director of Standard Chartered Bank, Alex Mould, has criticised Ghana’s persistently high interest rates, questioning why the...

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