Home Business

Category: Business

Post
BoG Deputy Governor Calls for Stronger Africa-Asia Investment Partnerships

BoG Deputy Governor Calls for Stronger Africa-Asia Investment Partnerships

The First Deputy Governor of the Bank of Ghana, Dr. Zakari Mumuni, has called for stronger institutional partnerships, effective risk-sharing mechanisms and better-prepared investment projects to unlock increased Asian investment in West Africa. Speaking at the High-Level West Africa-Asia Capital Dialogue in Bangkok, Thailand, held on the sidelines of the IMF-World Bank Annual Meetings, Dr....

Post
PAC Commends ECG Over Tax Debt Repayment as Energy Sector Agencies Address Audit Concerns

PAC Commends ECG Over Tax Debt Repayment as Energy Sector Agencies Address Audit Concerns

 The Public Accounts Committee (PAC) of Parliament has commended the Electricity Company of Ghana (ECG) for repaying GH¢1.3 billion out of the GH¢1.4 billion it owed the Ghana Revenue Authority (GRA), following tax irregularities highlighted in the 2025 Auditor-General’s Report. The commendation came during the committee’s examination of public institutions within the energy sector as...

Post
Ghana to Host Signing Ceremony of UN Convention on Negotiable Cargo Documents

Ghana to Host Signing Ceremony of UN Convention on Negotiable Cargo Documents

Ghana will host the signing ceremony of the United Nations Convention on Negotiable Cargo Documents in Accra on October 26, 2026, marking a significant milestone in the country’s contribution to the development of international trade law and global commerce. Ahead of the event, the Ministry of Foreign Affairs on October 6, 2026, briefed members of...

Post
BoG Governor Urges Banks to Strengthen Risk Management and Resilience

BoG Governor Urges Banks to Strengthen Risk Management and Resilience

The Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has called on banks to strengthen their risk management frameworks, adopt sustainable business models and enhance institutional resilience to safeguard the gains made in Ghana’s banking sector. Speaking at the 43rd Annual General Meeting of the Ghana Association of Banks (GAB) and the...

Post
GoldBod Unveils New FX Framework for Commercial Banks

GoldBod Unveils New FX Framework for Commercial Banks

The Ghana Gold Board (GoldBod) has engaged commercial banks on a new Spot Foreign Exchange (FX) and Intermediation Framework aimed at providing authorised banks with predictable and transparent access to United States dollars through its GoldBod GoFX platform. The initiative is expected to enhance efficiency, transparency and fairness in Ghana’s foreign exchange market while strengthening...

Post
GSA Directs Mandatory Pre-Shipment Inspection for Imported Used Vehicles

GSA Directs Mandatory Pre-Shipment Inspection for Imported Used Vehicles

The Ghana Standards Authority (GSA) has announced that all used motor vehicles destined for Ghana must undergo mandatory pre-shipment inspection by approved international inspection agents before export to the country under its FlexiPass Programme. In a public notice, the Authority stated that the requirement forms part of the implementation of the Pre-Shipment Verification of Conformity...

Post
Bank of Ghana, Central Bank of Liberia Strengthen Cooperation on Payment Systems Development

Bank of Ghana, Central Bank of Liberia Strengthen Cooperation on Payment Systems Development

The Bank of Ghana has reaffirmed its commitment to supporting the Central Bank of Liberia through enhanced technical cooperation and knowledge sharing following a courtesy visit by the Executive Governor of the Central Bank of Liberia, Henry F. Saamoi, and his delegation to Bank Square in Accra. The visit forms part of ongoing collaboration between...

Post
GoldBod Exceeds September FX Target, Generates $1.87 Billion

GoldBod Exceeds September FX Target, Generates $1.87 Billion

The Ghana Gold Board (GoldBod) generated US$1.871 billion in foreign exchange from its artisanal and small-scale mining (ASM) gold trade operations in September 2026, surpassing its monthly target of US$1.4 billion by more than US$470 million. The achievement was announced by GoldBod’s Finance and Trading Directorate in its September 2026 foreign exchange generation and sales...

Post
BoG Index Signals Strong Economic Momentum as Activity Growth Reaches 14.9%

BoG Index Signals Strong Economic Momentum as Activity Growth Reaches 14.9%

Ghana’s economic activity continued its upward trajectory in 2026, with the Bank of Ghana’s Composite Index of Economic Activity (CIEA) recording real annual growth of 14.9 percent in July, signalling sustained expansion across key sectors of the economy. Data released by the central bank show that the growth rate increased from 12.4 percent in December...