Category: Business

 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...

 Ghana has secured the lifting of restrictions on the export of eggs to Burkina Faso and the importation of tomatoes, marking a breakthrough in bilateral trade relations between the two countries. The agreement was reached following urgent engagements in Ouagadougou led by Hon. Elizabeth Ofosu‑Adjare, Minister for Trade, Agribusiness and Industry, and Hon. Eric Opoku,...

 The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has underscored the importance of ongoing microfinance sector reforms in strengthening community banking, expanding financial inclusion, and promoting sustainable economic development. Speaking at the Commemoration of 50 Years of Rural Banking and the official conversion to Community Banking in Accra, Dr. Asiama said the...

The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has urged collective action to build a digital‑forward financial system driven by innovation to enhance the welfare and prosperity of Ghanaians. Speaking at the Financial Architecture Summit 2026 in Accra, Dr. Asiama stressed that early engagement among regulators, financial institutions, technology providers, and consumers...

 The Ghana Cocoa Board (COCOBOD) has announced the full settlement of outstanding obligations to individual holders of Cocoa Bills who did not participate in the Government’s Domestic Debt Exchange Programme (DDEP). In a statement issued by its Public Affairs Department, COCOBOD confirmed that GH¢162 million has been paid to non‑DDEP Cocoa Bill holders, bringing closure...

 The Ghana Gold Board (GoldBod) has presented GH¢12.65 million to the Narcotics Control Commission (NACOC), representing 50 percent of the proceeds from the sale of 17 gold bars seized from illicit traders in 2025. Explaining the distribution, GoldBod Chief Executive Officer Sammy Gyamfi, Esq., said the reward policy allocates 10 percent of proceeds to the...

The Bank of Ghana has issued a stern reminder to the public to desist from acts that undermine the integrity of the national currency, warning that offenders risk arrest, prosecution, fines, or imprisonment under the Currency Act, 1964 (Act 242). In a notice signed by Aimee Vyda Quashie, Secretary of the Bank, the central bank...

Motorists should brace for higher fuel prices starting Thursday, July 16, 2026, as oil marketing companies prepare to raise pump prices. According to the latest industry pricing outlook from the Chamber of Oil Marketing Companies (COMAC), petrol, diesel and LPG are all expected to see price increases during the second pricing window in July. The...