Category: BUSINESS
BoG urges creation of cedi-pegged stablecoins to bolster local currency
The Bank of Ghana (BoG) has encouraged virtual asset and digital financial service providers to explore the development of local stablecoins as a way [...]
Gov’t moves to convert GHS5.8bn Cocoa debt owed to BoG and Finance Ministry
Government has unveiled plans to convert GH¢5.8 billion in legacy debt owed by the Ghana Cocoa Board (COCOBOD) to the Bank of Ghana and the Ministry o [...]
Food insecurity in Ghana drops slightly to 12.5m in third quarter of 2025 – GSS
The number of Ghanaians facing food insecurity fell to 12.5 million in the third quarter of 2025, down from 13.4 million in the second quarter, accord [...]
Kumasi Shoe Factory urges gov’t to enforce local school footwear policy
The DIHOC Footwear Division Limited, popularly known as the Kumasi Shoe Factory, is set to install new machinery capable of producing up to 15 million [...]
Ghanaians shift from ATMs to mobile-first banking
Ghana’s banking sector is quietly undergoing a major transformation, as customers increasingly turn away from traditional cash channels in favor of mo [...]
Wold Lottery Association President pledges to enhance lotteries across Africa
The President of the World Lottery Association (WLA), Mr. Andreas Kotter, says the WLA is committed to strengthening and supporting its member states [...]
CAGD launches upgraded electronic payslip system for government employees
The Controller and Accountant-General’s Department (CAGD) has introduced an upgraded electronic payslip system for all government employees on the Nat [...]
VAT hike hurting spare parts dealers, GRA accused of inefficiency – PRO
The Abossey Okai Spare Parts Dealers Association has accused the Ghana Revenue Authority (GRA) of unfairly shifting the burden of revenue mobilisation [...]
Finance Ministry moves to Kanda, begins full operations February 9
The Ministry of Finance has completed the relocation of its administrative offices to Kanda in Accra, a move officials say is intended to streamline i [...]
GoldBod operations under scrutiny as analysts question Reserve management
Concerns have intensified over the management of Ghana gold reserves and the operations of the Gold-for-Oil and Gold-for-Reserves programmes under the [...]