Business

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…
Ghana Remains Africa’s Top Gold Producer

Ghana Remains Africa’s Top Gold Producer

Ghana continues to hold its position as the leading gold producer in Africa, according to Michael Edem Akafia, President of…
Rektron Reaffirms Interest in Acquiring 60% Stake in AT Ghana for $150 Million

Rektron Reaffirms Interest in Acquiring 60% Stake in AT Ghana for $150 Million

Canadian multinational Rektron Group Incorporated has reaffirmed its commitment to acquiring a 60% controlling stake in AT Ghana Limited for…
GoldBod Exceeds 2024 Export Figures

GoldBod Exceeds 2024 Export Figures

Sammy Gyamfi, Chief Executive Officer of the Ghana Gold Board (GoldBod), has revealed that small-scale gold exports from January to…
COCOBOD Settles GH¢2bn Coupon Payments

COCOBOD Settles GH¢2bn Coupon Payments

The Ghana Cocoa Board (COCOBOD) has disbursed coupon payments totaling GH¢2 billion to investors holding restructured cocoa bills. According to…
BoG Increases FX Auction Amount

BoG Increases FX Auction Amount

The Bank of Ghana (BoG) has ramped up its foreign exchange (FX) forward auction allocations to commercial banks. According to…
Sidi Ould Tah Sworn In as AfDB President

Sidi Ould Tah Sworn In as AfDB President

Mauritanian economist Sidi Ould Tah was officially sworn in on Monday as the ninth President of the African Development Bank…
Cedi Appreciates Slightly in Retail Market

Cedi Appreciates Slightly in Retail Market

The Ghana cedi recorded mixed performance in recent trading, appreciating slightly against the US dollar in the retail market but…