Category: BUSINESS
Cedi gains strength to GHS11.89 as BoG’s $1.15bn injection sparks IMF anger
In a surprising turn on Ghana’s currency front, the cedi has strengthened sharply against the US dollar, appreciating to an average of ₵11.89 on the i [...]
Ghana misses 2025 revenue target by 5% in 7 months
The domestic revenue mobilisation efforts in 2025 have hit a stumbling block, with government revenues for the first seven months of the year falling [...]
Oppong Nkrumah speaks on Africa’s Trade Future in Washington
Ghana’s Member of Parliament for Ofoase Ayirebi and Ranking Member on the Economy and Development Committee in Parliament, Kojo Oppong Nkrumah will sp [...]
Asiamah calls for stronger judicial role in enforcing insolvency and beneficial ownership laws
The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has called for stronger collaboration between the judiciary and financial regulators in [...]
Moody’s upgrade marks turning point for economy after painful debt overhaul
The economic recovery efforts have received a significant boost as international ratings agency Moody’s upgraded the country’s sovereign credit rating [...]
Former Chelsea superstar Salomon Kalou launches chocolate brand in Ivory Coast
Former Chelsea and Ivory Coast footballer Salomon Kalou has launched a chocolate brand called Oumé, blending his passion for cocoa with a tribute to h [...]
Gold reserves hit record 37.06 tonnes under Domestic Gold Purchase Programme
The central bank has hit a new milestone in its gold accumulation drive, with reserves surging to 37.06 tonnes as of September 2025, representing a 21 [...]
BoG’s $1.15bn forex injection sparks policy tensions with IMF, World Bank over cedi stabilization strategy
In a bold but controversial move to arrest the rapid depreciation of the cedi, the Bank of Ghana (BoG) has announced plans to inject US$1.15 billion i [...]
BoG engages banks post-MPC as inflation hits single digits
In a post-Monetary Policy Committee (MPC) engagement with top banking executives, Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana, outlined t [...]
Rising utility costs threatening edge in continental trade – GUTA warns
The dream of becoming a manufacturing and trade hub under the African Continental Free Trade Area (AfCFTA) is facing serious headwinds, as the Ghana U [...]