28.2 C
Accra

Business

Cedi Holds Steady at GH¢10.30 to $1 Amid Dollar Demand

Ghana’s local currency, the cedi, is showing signs of resilience as it maintained a stable exchange rate of GH¢10.30 to $1 on the interbank...

Fitch Upgrade Positive, But Economic Risks Remain – Economist

Fitch Upgrades Ghana to a 'B-' Ghana’s recent credit rating upgrade by international rating agency Fitch has sparked cautious optimism among economic analysts. On June...

Iran–Israel War: Bank of Ghana Ready to Take Pre-emptive Steps to Safeguard Economy – Dr. Asiama

Governor assures Ghanaians of strong economic buffers amid global conflict The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has assured Ghanaians that...

IB Ghana Champions Ethical Banking with Inaugural National Challenge – Academic City Clinches Top Spot

CIB Ghana pioneers youth-led banking ethics challenge to tackle rising fraud The Chartered Institute of Bankers (CIB) Ghana has held the maiden edition of the...

1 Cedi Petroleum Levy Unacceptable – COMAC CEO Warns Government

Chamber Raises Red Flag Over Fuel Price Increase The Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), Dr. Riverson Oppong, has openly...

Gov’t Guarantees GH¢25 Million Annual Allocation to Every District

The Government of Ghana has announced that every Metropolitan, Municipal, and District Assembly (MMDA) will receive a guaranteed GH¢25 million annually, beginning this year,...

YEA and GIZ Launch ‘Make Fashion Inclusive’ Hub in Kumasi to Empower 100 Persons with Disabilities

The Youth Employment Agency (YEA), in collaboration with the German Development Cooperation (GIZ), has officially launched the “Make Fashion Inclusive” Hub in Kumasi —...

Ghana’s Cocoa Export Earnings Triple to $1.8 Billion in Early 2025 — Bank of Ghana

Major boost from global prices and improved production drives growth Ghana’s cocoa export earnings have surged to $1.8 billion within the first four months of...

Ghana’s Gold Export Earnings Surge to $5.2 Billion in First Four Months of 2025 — BoG

76.4% Year-on-Year Growth Signals Booming Mining Sector Ghana’s gold export earnings soared to $5.2 billion between January and April 2025, representing a significant 76.4% increase...

Ghana Hits Record GHC365 Billion in Monthly Mobile Money Transactions Following E-Levy Scrap

Mobile Money Sector Surges to All-Time High in April 2025, Bank of Ghana Data Shows Ghana's mobile money ecosystem has reached an unprecedented milestone, with...

Abossey Okai Spare Parts Dealers Directed to Reduce Prices Amid Cedi Gains

Dealers Urged to Reflect Currency Appreciation in Pricing The Abossey Okai Spare Parts Dealers Association has instructed its members to reduce the prices of spare...

Fair Wages Boss Proposes Hourly Pay System to Boost Casual Worker Incomes

A Call for Equity in Labour Compensation The Chief Executive Officer of the Fair Wages and Salaries Commission (FWSC), Benjamin Arthur, has proposed the adoption...

Bank of Ghana Reaffirms Existing Foreign Exchange Withdrawal Policies Amid Public Speculation

The Bank of Ghana (BoG) has issued a public notice reaffirming its existing policies on foreign exchange withdrawals, clarifying that there have been no...

Expect Gradual Price Cuts in 60 Days — AGI, GUTA Tell Consumers

Ghanaian consumers can expect a gradual reduction in the prices of goods and services within the next 60 days, following renewed commitments from the...

Cedi Hits Pension: Bank of Ghana to Celebrate 60 Years of the Cedi on July 19

The Bank of Ghana (BoG) has unveiled plans to commemorate the 60th anniversary of the Ghanaian cedi on Friday, July 19, 2025. This marks...

Finance Minister Ato Forson Urges Traders to Lower Prices Amid Cedi Stability

Cedi Gains Not a Fluke – Finance Minister AssertsGhana’s Finance Minister, Dr. Cassiel Ato Forson, has urged traders and business owners to reduce prices...