Category: Business

The Bank of Ghana has announced the conversion of the Rural Banking Sector into the Community Banking Sector, marking a major milestone in the country’s microfinance reform agenda. In a statement issued by its Communications Department, the central bank said the change is in line with the Revised Microfinance Sector Framework, 2026 (Notice No. BG/GOV/SEC/2026/03)....

 At the Post-130th MPC Heads of Banks meeting held today at Bank Square, Governor Johnson Pandit Asiama reaffirmed the resilience of Ghana’s economy and banking sector, while outlining key regulatory priorities to safeguard financial stability and support sustainable growth. Governor Asiama highlighted that the domestic economy continues to demonstrate strong resilience, driven by growth in...

The Ghana Gold Board (GoldBod) has announced a landmark partnership with the Ghana Armed Forces and the Forestry Commission to launch a national land reclamation project. The initiative begins with the restoration of 50 hectares within the Tano Nimiri Forest Reserve, a critical step toward reversing environmental degradation caused by mining and other human activities....

 Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, has opened the 7th Steering Committee Meeting of the Côte d’Ivoire-Ghana Cocoa Initiative in Abidjan, urging deeper collaboration between the world’s two largest cocoa producers to build a more resilient and profitable sector for farmers. The high-level meeting brought together senior government officials, industry stakeholders, and representatives...

 The Ministry of Finance has inaugurated a nine-member Governing Board of the Internal Audit Agency (IAA), with Finance Minister Dr. Cassiel Ato Forson unveiling plans to establish an “Auditors’ Court” to strengthen supervision of internal auditors and promote greater public scrutiny. Dr. Forson underscored government’s commitment to improving the internal audit function within the public...

The Ministry of Finance has inaugurated a nine-member Governing Board of the Internal Audit Agency (IAA) as part of government’s drive to strengthen accountability and improve value for money in public financial management. The new Board is tasked with revising the Internal Audit Agency Act, 2003 and spearheading reforms to reduce audit infractions, enhance compliance,...

 The Bank of Ghana has issued a directive prohibiting banks, payment service providers, and regulated financial institutions from supporting fiat USD wallet services operated by certain crypto platforms in the country. In a notice signed by Ms. Aimee Vyda Quashie, Secretary to the Bank, the central bank cautioned that such arrangements, which allow users to...

 The Vice President of the Republic of Ghana, Prof. Jane Naana Opoku-Agyemang, has urged African nations to break away from aid dependency and prioritize healthcare as a matter of national security and economic stability. Speaking at the 2026 Annual Health Summit organized by the Ministry of Health, she emphasized that Africa’s health future must be...

 The Country Director of the German Development Cooperation (GIZ), Dr. Dirk Assman, has bid farewell to the Ministry of Trade, Agribusiness and Industry after a successful tenure in Ghana. At a brief ceremony held on Monday, 8th June 2026, the Chief Director of the Ministry, Mr. Noah Tumfo, speaking on behalf of the Sector Minister,...

 Ghana has marked a historic turning point in its petroleum and industrialisation journey with the arrival of locally produced Jubilee crude oil at the Sentuo Oil Refinery for processing, signalling a bold shift from exporting raw resources to adding value within the country. Speaking at the refinery’s first-ever Jubilee Crude Oil Berth Ceremony, the Minister...