Category: BUSINESS
Ghana’s trade with Singapore hits impressive $215 million
Ghana’s trade with Singapore has reached an impressive $215 million, and President John Dramani Mahama is targeting billion-dollar growth.
Speaking [...]
BoG scales back dollar intervention
The Bank of Ghana has reduced the size and frequency of its foreign exchange intervention in the forex market.
This decision comes after the Centra [...]
Ghana cedi faces renewed pressure as dollar demand surges
The Ghana cedi has once again come under pressure, crossing the GH¢11 mark against the US dollar in commercial bank transactions, despite being recogn [...]
Gold Fields posts record profits, prepares exit from Damang Mine in 2026
Gold Fields Ghana has announced plans to relinquish control of its Damang mine to the Government of Ghana by April 2026, even as the mining giant cele [...]
Six banks face capital challenge, mergers loom
International ratings agency Fitch Ratings has projected that at least six commercial banks operating in Ghana will struggle to meet capital requireme [...]
Group praises BoG for cedi stability, demands more policy support
The leadership of the Importers and Exporters Association of Ghana (IEAG) has lauded the Bank of Ghana (BoG) for its role in stabilising the cedi and [...]
OSP investigates BoG officials, Bank Directors over financial sector collapse
The Office of the Special Prosecutor (OSP) has turned its attention to one of Ghana’s most controversial economic crises in recent history — the colla [...]
BoG GHS60bn mop up cash inimical to economy – Minority
The Minority in Parliament has raised strong concerns about the Bank of Ghana’s sterilization policy, describing it as inimical to the economy and cal [...]
GoldBod outdoors tribunal to overseer disputes in gold dealership
The Ministry of Finance has inaugurated the Gold Board Tribunal, a newly established independent body designed to handle disputes and appeals arising [...]
Banking sector shows mixed performance in 2024
The banking sector exhibited a mixed performance in 2024, with robust asset growth alongside limited private credit expansion.
According to the Wor [...]