Businessman Ibrahim Mahama has dismissed claims that he is seeking to acquire the Volta Aluminium Company (VALCO), describing the allegations as false and malicious. His attention was drawn to a demonstration by the Labour Union of VALCO, during which some participants alleged that he was interested in taking over the company. In a statement issued...
Presenting the 2026 Mid‑Year Fiscal Policy Review in Parliament on Thursday, the Minister for Finance, Dr. Cassiel Ato Forson, rejected claims that government spending has slowed, insisting that resources are being deployed responsibly and transparently. “In recent times, a narrative has emerged suggesting that this Government is not spending enough. Nothing could be farther from...
Finance Minister Dr. Cassiel Ato Forson has disclosed that government reforms in the gold sector delivered an additional $15 billion in foreign exchange inflows, a development that has markedly reinforced Ghana’s external reserves and supported exchange rate stability. Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Dr. Forson explained that the...
The Chief Executive Officer of Ghana International Bank (GHIB), Mr. Ian Greenstreet, has pledged the bank’s commitment to partnering with government to strengthen Ghana’s export sector and support economic growth. Mr. Greenstreet made the pledge when he led a delegation from GHIB to pay a courtesy call on the Minister for Trade, Agribusiness and Industry,...
The Cyber Security Authority (CSA) has issued a public alert warning of a surge in online impersonation scams targeting restaurants and food vendors, with financial losses tripling in the first half of 2026. Between January and June, the CSA recorded 112 cases compared to 61 over the same period last year, with losses rising sharply...
The Bank of Ghana has issued a stern reminder to the public that all Ghana cedi coins remain valid legal tender and must be accepted in transactions, warning that refusal to do so constitutes a criminal offence under the law. In a public notice signed by the Bank’s Secretary, Ms. Aimee Vyda Quashie, the central...
The Bank of Ghana has cautioned that renewed geopolitical tensions in the Middle East are driving fresh instability in global energy markets, with potential implications for Ghana’s economy. Governor Dr. Johnson Pandit Asiama, addressing the opening session of the 131st Monetary Policy Committee (MPC) meeting, noted that hostilities around the Strait of Hormuz have reignited...
Ghana’s economy is showing renewed momentum, with growth and private sector lending both recording significant improvements, according to the Bank of Ghana. Governor Dr. Johnson Pandit Asiama, delivering opening remarks at the 131st Monetary Policy Committee (MPC) meeting, announced that the economy expanded by 6.4 percent in the first quarter of 2026, up from 6.2...
Headline inflation in Ghana has climbed for the third consecutive month, prompting caution from the Bank of Ghana as transport and haulage costs continue to drive price increases. Governor Dr. Johnson Pandit Asiama, speaking at the opening of the 131st Monetary Policy Committee (MPC) meeting, disclosed that inflation rose from 3.2 percent in March to...
Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has urged careful and evidence-based policy decisions as the central bank convened its 131st Monetary Policy Committee (MPC) meeting amid global uncertainty and rising energy prices. Opening the session on Monday, Dr. Asiama reaffirmed Ghana’s macroeconomic resilience but stressed the importance of reviewing recent inflation...