Ghana’s public debt increased by GhC71.6 billion in the third quarter of 2025, pushing the total debt stock to GhC684.6 billion as of September. The Bank of Ghana’s November 2025 Summary of Economic and Financial Data indicates that despite this quarterly rise, the country continues to record notable progress in cutting its overall debt burden...
Category: Business
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Mahama Hails Ghana Gold Board’s Role in Boosting Resource Control
Former President John Dramani Mahama has lauded the achievements of the Ghana Gold Board (GoldBod), describing its progress as proof of the importance of Ghana taking full control of its natural resources. Speaking at a recent engagement, Mahama explained that GoldBod was established to address longstanding disparities in gold export data and to ensure proper...
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MPC Opens 127th Meeting with Focus on Stability and Growth
The 127th Monetary Policy Committee (MPC) meeting commenced today at Bank Square, with Governor Dr. Johnson Asiama outlining the priorities that will shape deliberations over the next three days. Addressing the opening session, Dr. Asiama emphasized three key areas guiding the Committee’s work: Managing the pace of disinflation and real interest rates Strengthening foreign exchange...
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US Rescinds Tariffs on Ghana’s Cocoa and Agricultural Exports
The Government of Ghana has welcomed the decision by the United States Administration to rescind the 15 percent tariffs previously imposed on Ghana’s cocoa and selected agricultural products. In a Facebook announcement, Minister for foreign affairs, Mr. Samuel Okudzeto Ablakwa, disclosed that Washington has officially communicated the tariff reversal to Accra. He noted that the...
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Deloitte Ghana Endorses Government’s Debt Reprofiling and Buyback Plan
Deloitte Ghana has commended the government’s decision to implement a debt reprofiling and buyback programme, describing it as a well-considered response to the challenges posed by costly debt obligations and uneven repayment schedules. The firm advised that to maximise the impact, authorities should focus buybacks on the most expensive and volatile debt instruments, particularly those...
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Ghana Secures $81.92m World Bank Support for Drought-Hit Farmers
Minister for Food and Agriculture, Hon. Eric Opoku, has announced that Ghana has secured $81.92 million from the World Bank under the Food Systems Resilience Program (FSRP) to support farmers affected by drought. Speaking in Parliament in response to a question posed by Keta MP Kwame Dzudzorli Gakpey, Mr. Opoku explained that the funds are...
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Gold Board CEO Calls for Renewal of Kimberley Process at Dubai Ministerial Meeting
The Chief Executive Officer of the Ghana Gold Board delivered a stirring address at the Kimberley Process Ministerial Meeting in Dubai, urging delegates to embrace reform and renewal in the global diamond trade. Speaking on behalf of the Republic of Ghana, the CEO commended the United Arab Emirates for hosting the conference and reflected on...
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Ghana Records 5.1% Economic Growth in August 2025
Ghana’s economy expanded by 5.1% in August 2025, according to preliminary figures from the Monthly Indicator of Economic Growth (MIEG) released by the Ghana Statistical Service (GSS). This marks a slight improvement over the 4.9% growth recorded in August 2024. The GSS attributed the August 2025 performance largely to the Services sector, which surged by...
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GoldBod Jewellery Charts Bold Path to Global Recognition
GoldBod Jewellery Limited has unveiled its ambitious vision to position Ghana as a global leader in gold value addition, following a high-profile visit to business mogul Richard Nii Armah Quaye (RNAQ). The Managing Director of GoldBod Jewellery Ltd, Gertrude Emefa Donkor, Esq., led the delegation, accompanied by celebrated brand ambassadors Mr. Bola Ray and Ms....
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Prez. Mahama Uses Humor to Highlight Renewed Confidence in the Cedi
Former President John Dramani Mahama injected humour into the Cedi@60 anniversary celebration as he playfully teased Ghanaians who often lament receiving fewer cedis when exchanging foreign currency. Speaking at the event on Tuesday, November 17, themed “Sovereignty, Stability, and Economic Resilience,” President Mahama recalled past travel experiences where members of his entourage would anxiously calculate...