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GoldBod Projects $1.4 Billion FX Generation for September

GoldBod Projects $1.4 Billion FX Generation for September

 The Ghana Gold Board (GoldBod) has announced that it will generate US$1.4 billion in foreign exchange in September 2026 under the Ghana Accelerated National Reserve Accumulation Policy (GANRAP), reinforcing its role in stabilizing the foreign exchange market and supporting reserve accumulation. According to the Finance and Trading Directorate, US$700 million will be made available to...

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SIGA Unveils 2023 State Ownership Report, Marks Decade of Tracking

SIGA Unveils 2023 State Ownership Report, Marks Decade of Tracking

The State Interests and Governance Authority (SIGA) has unveiled the 2023 State Ownership Report (SOR), marking ten years of monitoring the performance of Ghana’s Specified Entities and underscoring the government’s drive toward accountability and transparency in state‑owned enterprises. The report highlights progress under the Government’s 24‑Hour Economy Policy, with round‑the‑clock services introduced across institutions such...

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BoG Deputy Governor Reaffirms Commitment to Inclusive Financial Sector

BoG Deputy Governor Reaffirms Commitment to Inclusive Financial Sector

 The Second Deputy Governor of the Bank of Ghana, Mrs. Matilda Asante‑Asiedu, has reaffirmed the Bank’s commitment to building a stronger, more resilient, and inclusive financial sector as reforms advance in the Microfinance and Specialised Deposit‑Taking Institutions (SDI) sub‑sectors. Speaking at the 16th Annual General Meeting of the Ghana Association of Savings and Loans Companies...

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Building Costs Ease as Inflation Slows, Statistical Service Urges Action

Building Costs Ease as Inflation Slows, Statistical Service Urges Action

The Ghana Statistical Service has reported a significant slowdown in building cost inflation, offering households, businesses, and government agencies a rare window of stability in the construction sector. According to the July 2026 Prime Building Cost Index (PBCI), year‑on‑year inflation in building inputs fell sharply to 4.0 percent, down from 14.2 percent recorded in the...

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BoG Deputy Governor Urges Trust and Professionalism in Banking

BoG Deputy Governor Urges Trust and Professionalism in Banking

 The Second Deputy Governor of the Bank of Ghana, Mrs. Matilda Asante-Asiedu, has called for sustained investment in professionalism, ethical leadership, and trust as Ghana’s banking sector adapts to rapid technological change, artificial intelligence, regulatory reforms, and global economic uncertainty. Speaking at the launch of The Ghanaian Banker Magazine on Friday, Mrs. Asante-Asiedu commended the...

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Finance Minister Opens Fifth Ghana–China Joint Commission Session

Finance Minister Opens Fifth Ghana–China Joint Commission Session

 Finance Minister Dr Cassiel Ato Forson has opened the Fifth Session of the Ghana–China Joint Commission on Economic, Trade and Technical Cooperation, calling for a stronger partnership that prioritises local processing, manufacturing, and job creation. Dr Forson noted that while China remains Ghana’s largest trading partner, the structure of trade must evolve to deliver greater...

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GoldBod Orders Mandatory Local Refining of Gold Doré Before Export, Effective September 1

GoldBod Orders Mandatory Local Refining of Gold Doré Before Export, Effective September 1

 The Ghana Gold Board (GoldBod) has issued a sweeping directive requiring all Self‑Financing Aggregators (SFAs) to refine gold doré locally before export, effective September 1, 2026. The notice, signed by the Compliance Directorate, makes clear that no unrefined gold doré will be permitted to leave the country. All refining must be carried out at refineries...

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GoldBod Rejects GHS1 Billion Overdraft Allegation

GoldBod Rejects GHS1 Billion Overdraft Allegation

 The Ghana Gold Board (GoldBod) has strongly denied claims that it owes the Bank of Ghana an unpaid overdraft of GHS1 billion, describing the allegation as “false and malicious.” In a statement signed by Prince Kwame Minkah, Media Relations Officer, GoldBod insisted that it has never contracted any loan, overdraft, or debt instrument from the...

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Government Grants Adamus Resources Limited Reprieve

Government Grants Adamus Resources Limited Reprieve

The government has directed Adamus Resources Limited and the Minerals Commission to present a twelve‑month turnaround plan for the company’s operations, following a high‑level meeting at the Presidency to resolve disputes between the two parties. According to the official communication, the roadmap will be supervised by a six‑member management team with equal representation from Adamus...

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Ghana Reduces Debt Servicing Burden

Ghana Reduces Debt Servicing Burden

Ghana has achieved a major fiscal milestone, cutting the share of national revenue spent on debt servicing from over 50 percent in previous years to less than 20 percent today. Announcing the progress, Finance Minister Cassiel Ato Forson said the reduction marks a turning point in the country’s economic management, freeing up resources for critical...