2 h. ago Cedi confidence and the cost of complacency: What the BoG Governor’s speech reveals

The Governor of the Bank of Ghana (BoG), Dr. Pandit Johnson Asiama's speech at the Graphic Business Breakfast Meeting on Tuesday, July 15, on the theme “Sustaining Forex Gains: Business and Economic Impact”, offers a timely and comprehensive assessment of Ghana’s evolving macroeconomic environment.

Politics

10 h. ago Cedi to remain broadly stable in coming months; gained 30% against dollar since January 1

The Ghana cedi is anticipated to remain broadly stable in the coming months. According to Fitch Solutions, this reflects robust external buffers, with international reserves having risen to a near-record US$7.9 billion in April 2025, equivalent to around 4.0 months of import cover. The UK-based firm also said that the build-up in reserves has been […]

Politics

10 h. ago Ghana’s inflation to remain on a downward trajectory in second

“The drop in price pressures reflects the cedi’s 50% appreciation against the dollar in April and May alongside a decline in global energy prices amid uncertainty surrounding US trade policy”, it added.

Events

15 h. ago CCTV captures woman allegedly stealing baby at Ajumako market

The Ajumako District Police Command has launched a manhunt for a woman believed to be in her early 50s, who was captured on CCTV allegedly stealing an 11-month-old baby from the Ajumako market in the Central Region.

Events

16 h. ago MEST Africa and Mastercard Foundation EdTech series gathers momentum

The June edition of EdTech Mondays featured another enriching conversation centered on the theme “Teachers in the Tech Era: Training Educators for Digital Success.” As always, Bernard Avle moderated the discussion, which was powered by MEST Africa in partnership with the Mastercard Foundation. This month’s episode focused on one of the most critical players in […]

Politics

17 h. ago COPEC lauds fuel allowance cut for political appointees, urges broader reforms

The Chamber of Petroleum Consumers-Ghana has welcomed the government’s decision to immediately scrap all fuel allowances for political appointees, describing the move as “commendable and forward-thinking,” while emphasising that further measures are needed. In a statement signed by the Executive Secretary, Duncan Amoah, the group noted that fuel allowances have, over the years, been enjoyed […]

Politics

21 h. ago Ghana urgently needs a Pricing Regulatory Authority to stabilise the Economy

Ghana finds itself in a troubling economic cycle—where prices of goods and services continue to rise, often without justification or regulatory oversight. While global and local economic dynamics do play a role, the absence of a strong, specialised national pricing regulatory mechanism allows unchecked price escalation that hurts the consumer, especially the vulnerable. The time has come for Ghana to establish a Pricing Regulatory Commission or Authority, a body dedicated solely to monitoring, evaluating, and setting fair price thresholds for essential goods and services. This institution will be different from, and operate independently of, existing consumer protection structures. It will serve as a stabilising force in the economy and help restore confidence in market fairness.

Politics

21 h. ago We will take drastic measures to halt dollarisation of economy – BoG Governor

The Bank of Ghana Governor has given the firm assurance that the Central Bank will take some drastic measures to help halt the dollarisation of the cedi. The Governor stated that “Enforcement of legal tender laws will be stepped up, especially in sectors where forex pricing has become normalised”. The Bank of Ghana Governor disclsoed […]

Politics

21 h. ago Gov’t begins payment of monthly allowances to Assembly Members

The Ministry of Local Government, Chieftaincy, and Religious Affairs has commenced the payment of monthly allowances to all Assembly Members across the country. Each Assembly Member will receive GH₵1,300 per month, the Minister, Ahmed Ibrahim, announced at a press briefing on Monday, July 14. He explained that the initiative forms part of the government’s broader […]

Politics

22 h. ago Cedi must lead Ghana’s economy – BoG to clamp down on dollar transactions

The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has underscored the urgent need to safeguard the cedi’s dominance in Ghana’s economy and crack down on the increasing normalisation of foreign currency pricing in domestic transactions. Speaking at a financial sector engagement, Dr Asiama issued a clear warning against the creeping trend of […]

Politics

22 h. ago BoG to mark 60 years of the Cedi with anniversary celebration in August

The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has announced plans to commemorate the 60th anniversary of the country’s official currency, the cedi.

Politics

23 h. ago Too many Ghanaian businesses continue to price in US dollars – BoG Governor

Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has expressed concern over the persistent use of foreign currencies, particularly the US dollar, in domestic trade.

Economics

24 h. ago Cedi appreciation due to strengthened economic fundamentals – BoG Governor

The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has credited the recent appreciation of the Ghanaian cedi to four key economic pillars, highlighting improved policy coordination and renewed investor confidence as instrumental to the currency’s stability.

Politics

24 h. ago Use data from BoG to make cedi projections, not predictions from ‘Zamerama’ – Governor Asiama

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has appealed to the public to disregard projections and speculations bandied about by some black market forex traders, popularly called Zamerama. He warned that such speculative activities do not support the data published by the Bank of Ghana after its periodic Monetary Policy Committee […]

Politics

24 h. ago Use data from BoG to make cedi projections, not predictions from ‘Zabarma’ – Governor Asiama

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has appealed to the public to disregard projections and speculations bandied about by some black market forex traders, popularly called Zamerama. He warned that such speculative activities do not support the data published by the Bank of Ghana after its periodic Monetary Policy Committee meetings.

Politics

24 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

24 h. ago Essikado MP cautions: Environments that silence dissent kill growth

Essikado-Ketan MP, Prof Dr Grace Ayensu Danquah, has called for a more respectful and open political environment, warning that any space where people feel unsafe to disagree is not about growth, but about control. Her remarks come in the wake of controversial comments made by Minority Leader Alexander Afenyo-Markin, who questioned her recent nomination as […]

Events

25 h. ago Forex market intervention for 2025 Q1 has not depleted our reserves – BoG

The Bank of Ghana (BoG) has maintained that its foreign exchange (forex) market intervention for the first quarter of 2025 has not depleted its reserves. The BoG, according to what JOYBUSINESS has picked up added US$1.6 billion to its reserves for the first six months of the year, surpassing the International Monetary Fund’s (IMF) reserve […]

Politics

26 h. ago As theories swirl about Air India crash, key details remain unknown

While the preliminary report into what caused the loss of Air India Flight 171 last month has provided some answers, it has also prompted a wave of speculation about its cause.

Events

29 h. ago Musk’s Grok signs $200m deal with Pentagon days after antisemitism row

The Pentagon has signed a multi-million dollar deal to begin using Elon Musk's artificial intelligence chatbot, Grok, as part of a wider rollout of AI tools for government use, the Department of Defence confirmed.

Economics