Bank of Ghana Governor Dr. Johnson Asiama has called for a major shift in Ghana’s economic model, urging the country to stop exporting raw commodities and instead focus on processing its natural resources locally to retain more value within the economy.
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The Bank of Ghana (BoG) has directed Mobile Money Fintech Limited (MMFL) to suspend plans to introduce a new fee on wallet to bank transfers, following growing public concern over the proposed charge.
The Bank of Ghana (BoG) has taken a major step toward modernising its regulatory framework with the establishment of two new dedicated departments, one focused on Artificial Intelligence and the other on Virtual Assets, as part of a broader effort to strengthen oversight of Ghana’s fast evolving financial sector.
The Bank of Ghana has maintained its Monetary Policy Rate (MPR) at 14 percent following the conclusion of its 130th Monetary Policy Committee (MPC) meeting, held in Accra from May 18 to 20, 2026.
Dr. Johnson Asiama, Governor of the Bank of Ghana, has raised concerns over increasing threats to Ghana’s foreign exchange reserves and inflation outlook, warning that rising global energy prices caused by the worsening Middle East conflict could put pressure on the country’s economy.
Ghana is showing strong resilience to global fuel supply disruptions triggered by tensions linked to the Strait of Hormuz. While several African countries face shortages, Ghana’s diversified import strategy is helping stabilize supply.
This demand comes despite the firms allegedly receiving an initial $3.4 million for the same phase of construction.
Ghana’s financial inclusion rate has risen to 81 percent, with the Bank of Ghana (BoG) attributing the achievement to the growing use of mobile money agent networks and basic phone based financial transactions.
The Bank of Ghana has defended its 2025 financial position, stating that despite recording a GH¢15.6 billion operating loss and deepening negative equity, it remains capable of executing its core monetary policy functions.
The Chief Executive Officer of Dalex Finance, Joe Jackson, has defended the Bank of Ghana’s reported losses, describing them as a necessary trade-off in efforts to restore macroeconomic stability.
Ghana’s total revenue and grants for 2025 stood at GH¢224.883 billion, representing 16.1% of GDP, according to the March 2026 Monetary Policy Report by the Bank of Ghana.
Ghana’s Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has emphasised the government's commitment to implementing decisive reforms to improve the country’s business climate and promote inclusive industrial growth, positioning the private sector at the centre of economic transformation.Delivering
The Ashanti Region has intensified its drive to position itself as a leading investment destination, as the Regional Minister, , outlined key policy interventions aimed at boosting trade and enterprise.Speaking at the opening ceremony of the on April 6, the Minister highlighted measures undertaken over the past year to
A mandatory cargo tracking certificate has been in and out of force since 2020. Its latest reintroduction has drawn a coordinated industry backlash on grounds of cost, duplication, and legal authority.
Petrol and diesel costs have jumped by up to 19 percent following the escalation of the Iran conflict. The President says Cabinet will examine margins and levies for immediate relief.
The government of Burkina Faso has officially authorized the resumption of fresh tomato exports to Ghana, ending a months-long disruption that had constrained cross-border agricultural trade and contributed to supply pressures in Ghanaian markets.
The Strait of Hormuz handles about 20% of the world’s seaborne oil. Its closure has severely constrained supply, sending Brent crude prices soaring above $100 per barrel and peaking at $126, levels not seen in years. Analysts describe the situation as the most significant oil supply shock since the 1973 oil embargo.
Ghana plans to introduce a sliding royalty system for gold mining that could raise royalties to 12% when prices rise, aiming to increase national revenue from the mining sector.
President John Dramani Mahama has announced plans to complete 23 major road projects inherited in various stages of completion, with an estimated cost of GH¢15 billion.Delivering the 2026 State of the Nation Address (SONA) on February 27, the President stated that the projects, awarded under the previous administration
Atlantic Lithium Limited has terminated takeover discussions while awaiting parliamentary ratification of the Mining Lease for the Ewoyaa Lithium Project, shifting strategic focus back to Ghana’s approval process as the central determinant of its near-term valuation.