8 h. ago APL claims vindication following IMF’s revelation of BoG’s $1.4bn forex support

Governance think tank, the Africa Policy Lens, says it has been vindicated by a recent revelation by the International Monetary Fund (IMF) that the Bank of Ghana pumped in dollars to support the recent stability of the Cedi. The IMF, in its latest review of Ghana's programme, revealed that the Bank of Ghana released $1.4bn forex support to sustain the Cedi against the US dollar.

Politics

9 h. ago Paid allowances boosted Black Queens’ morale – Ghana’s Ambassador to Morocco

Ghana’s Ambassador to Morocco, Her Excellency Charity Gbedawo, has acknowledged that the payment of outstanding allowances to the Black Queens played a key role in boosting team morale ahead of their crucial match against Tanzania.

Politics

6 d. ago IMF’s caution against artificial stability of Cedi vindicates our red flag – IERPP

The Institute of Economic and Research Policy Promotion (IERPP), says it has been vindicated by the IMF's expression of concern and caution to the government over its control of the stability of the Cedi. The Executive Board of the IMF, in its fourth review under the Extended Credit Facility Arrangement with Ghana, expressed concern about how the government has been pumping in forex to support the Cedi against major currencies, instead of allowing market factors to determine the stability of the local currency.

Politics

7 d. ago Mahama attributes cedi stability to reforms in gold trading sector

President John Mahama has credited recent gains in economic stability, particularly the strengthening of the cedi, to reforms introduced in the country’s gold trading sector as part of his administration's reset agenda.

Politics

8 d. ago We will fence Borteyman Sports Complex land to block encroachers – Sports Minister

The Borteyman facility, which played a key role during the 2023 African Games, sits on 99 acres of land.

Politics

1 week ago BoG reserves assets increased by a huge $708.9m to $1.1bn in April 2025; played a key role in cedi stability

Other investment was US$1.4 billion, driven largely by increased currency and deposits in the nostro accounts of the commercial banks.

Politics

2 w. ago I will succeed in any league after playing in the Turkish Super Lig – Ghana’s Musah Mohammed

Ghanaian midfielder Musah Mohammed believes he is well prepared to excel in any league after an impressive debut campaign in the Turkish Super Lig. The 23-year-old, who plays for Bodrum FK, featured in 25 matches last season and registered four assists, playing a key role in the club’s first top flight campaign. Mohammed regards the […]

Sport

2 w. ago Positive outlook for cedi despite losing some stability last week; year

However, it said the Federal Reserve’s late-July 2025 meeting will be pivotal to the cedi’s resilience, with market focus on policy signals that could steer dollar momentum and hint at whether the Fed maintains rates or shifts towards a cut that could weigh on the local currency.

Politics

2 w. ago Nsoatreman FC were paying police 500 cedis on matchdays – Eric Alagidede

Drawing from his experience with Nsoatreman, Alagidede revealed that the club regularly set aside GH₵500 per game for the Ghana Police Service to maintain order during matches — an investment he believes played a key role in curbing violent incidents.

Events

2 w. ago There’s a lot to learn from the Russian Federation – John Aggrey

On the sidelines of SPIEF, the Chairman of the African Energy Chamber called on the Russian oil and gas sector to pay attention to the development of deposits on the continent. According to him, major players can play a key role in supporting Africa’s energy sector. In May, Ghanaian President John Mahama urged an increase in oil production “as if there were no tomorrow”.  African Initiative correspondent spoke on the margins of SPIEF 2025 with the CEO of the Ghana–Russia Centre for Commerce and Relations, John Aggrey, about the current areas of business co-operation.

Politics

3 w. ago Commitment to fiscal responsibility key to economic stability – Stanbic Bank’s Oforiwaa Attipoe

Stanbic Bank Ghana’s Manager of Global Market Sales, Oforiwaa Attipoe, is optimistic about Ghana’s chances of securing the fifth tranche of the International Monetary Fund (IMF) loan, a move expected to further stabilize the economy and strengthen the Ghanaian cedi. In an exclusive interview with CNBC Africa, Mrs. Attipoe noted that Ghana has met all […]

Economics

3 w. ago CIHRM holds 4th AGM with a pledge to play key role in economy

After a successful 2025 conference of the Chartered Institute of Human Resource Management (CIHRM) last week, the Institute, on Friday, 20th June, 2025, held its 4th Annual General Meeting (AGM), since attaining a charter status in 2020. In his welcome address, the Chief Executive Officer of CIHRM, Dr. Francis Eduku said, coming from a highly […]

Politics

3 w. ago Africa World Airlines to reduce air fares by end of June 2025

Africa World Airlines (AWA) has hinted of reducing air fares by the end of June 2025. According to Godfred Essel, Brands and Communications Manager, the move is part of AWA’s efforts to make air travel more accessible and affordable for its customers. The action is also in line with the cedi’s stability against major trading […]

Politics

3 w. ago Kwasi Sibo helps power Real Oviedo to LaLiga promotion after 24

Ghana midfielder Kwasi Sibo has played a key role in helping Real Oviedo secure promotion to LaLiga, ending the club’s 24-year exile from Spain’s top tier. Oviedo sealed their return with a dramatic 3-1 extra-time victory over Mirandés on Saturday in the second leg of the playoff final, edging the tie 3-2 on aggregate. Sibo […]

Politics