Business

Ghana’s Fifth IMF Review Enters Final Stretch

Ghana’s Fifth IMF Review Enters Final Stretch

Ghana’s fifth review under the International Monetary Fund (IMF) programme is now in its second week, with negotiations expected to…
VAT Collections Rise in 2025

VAT Collections Rise in 2025

Domestic VAT collections for the first five months of 2025 grew by 33.6% year-on-year, reaching GH¢8.31 billion, up from GH¢6.22…
Credit to Private and Public Sectors Falls Sharply in June 2025 – BoG Report

Credit to Private and Public Sectors Falls Sharply in June 2025 – BoG Report

Total credit extended by banks to the private sector and public institutions declined significantly to GH¢4.68 billion in June 2025,…
Ghana’s FDI Soars by 382% in H1 2025

Ghana’s FDI Soars by 382% in H1 2025

Ghana has seen a dramatic resurgence in foreign investor confidence, with Foreign Direct Investment (FDI) increasing by 381.9% in the…
Bank of Ghana Cuts Policy Rate by 350 Basis Points to 21.5%

Bank of Ghana Cuts Policy Rate by 350 Basis Points to 21.5%

The Monetary Policy Committee (MPC) of the Bank of Ghana has announced a reduction of the policy rate by 350…
BoG Policy Rate Decisions

BoG Policy Rate Decisions

Director of Research at the Bank of Ghana (BoG), Dr. Philip Abradu-Otoo, has shed light on how the central bank…
GoldBod Suspends NK Benark License

GoldBod Suspends NK Benark License

The Ghana Gold Board (GoldBod) has suspended the operating license of NK Benark Enterprise, a licensed Tier 2 gold buying…
BoG Governor Reassures Public of Cedi’s Strength Amid Temporary Pressures

BoG Governor Reassures Public of Cedi’s Strength Amid Temporary Pressures

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has reassured Ghanaians that the cedi remains one of…
Banks Enforce 5% Fee on Forex Withdrawals

Banks Enforce 5% Fee on Forex Withdrawals

Commercial banks in Ghana have started implementing a 5% charge on foreign exchange withdrawals, in line with new directives from…
Ghana Receives $360M from World Bank

Ghana Receives $360M from World Bank

Ghana has received $360 million in concessional financing from the World Bank to support its economic recovery efforts, enhance fiscal…