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BoG’s New FX Directive Risks Fuel Shortages, Black Market Surge – IERPP Warns

Business
The Bank of Ghana’s (BoG) latest foreign exchange directive has triggered concern among market watchers, who fear it could...

IFS Doubts Government’s Ability to Meet Revised GH¢229.95bn Revenue Target

Business
The Institute for Fiscal Studies (IFS) has cast doubt on government’s ability to achieve its revised total revenue and...

Africa Policy Lens Slams BoG’s Directive on Foreign Currency Payments to Corporates

Business
Policy think-tank, the Africa Policy Lens (APL), has described as “draconian and regressive” the Bank of Ghana’s new directive...

IFS Warns Government Against Quick Return to International Bond Market

Business
The Institute for Fiscal Studies (IFS) has cautioned the government against rushing back to the international bond market as...

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...

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