3 h. ago Bank of America’s Bernard Mensah discusses AI, jobs and global economic pressures

President of International at Bank of America, Bernard Mensah, has offered valuable insights into the evolving impact of artificial intelligence (AI) on the financial industry, macroeconomic uncertainties, and the potential effects of rising global tariffs. Speaking with Bloomberg Television’s Tom Mackenzie over the Bank of America Breakthrough Technology Dialogue in Goodwood, Bernard Mensah noted that AI remains top of mind across industries, though the conversation has significantly matured since early discussions around ChatGPT 2.0 in 2022.

Events

3 h. ago Expert wants gov’t to extend NSS allowance beyond service period

Local governance expert, Amon Kotei has urged the government to extend the payment of allowances to National Service personnel even after they complete their mandatory one-year service, until they secure permanent employment. His comments follow an announcement by the Minister of Local Government, Decentralization and Rural Development, Ahmed Ibrahim, who disclosed at a press conference […]

Politics

6 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

7 h. ago Minority in Parliament label Mahama’s fuel allowance scrap as “settings” and PR gimmick

The Minority in Parliament has described President John Dramani Mahama’s decision to scrap fuel allowances and allocations for all political appointees as a populist move and “a PR gimmick.” President Mahama today, July 15, cancelled the payment and distribution of fuel to all political appointees as part of wider efforts to cut government spending and […]

Politics

7 h. ago Law to regulate shipping charges in the pipeline – Shippers’ Authority

The Acting Chief Executive Officer of the Ghana Shippers’ Authority, Prof. Ransford Gyampo, has announced plans to introduce a Legislative Instrument (L.I.) to regulate the operations and charges of shipping lines in the country.

Politics

7 h. ago 10 Key Takeaways from BoG Governor Dr Johnson Asiama’s address at the Graphic Business/Stanbic Bank Breakfast Meeting

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, on Tuesday, July 15, joined the Graphic Business/Stanbic Bank Breakfast Meeting where he spoke on a number of issues. Below are 10 takeaways from his address.

Politics

9 h. ago Adansi Travels CEO urges Ghana’s tourism industry to target Nigerian market 

Chief Executive Officer of Adansi Travels, Gideon Asare, has called on stakeholders in Ghana’s tourism sector to focus more attention on attracting tourists from Nigeria.

Society

10 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

10 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

11 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

11 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

12 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

12 h. ago Rejecting coins as a means of payment is illegal – BoG warns traders

The Bank of Ghana is urging the public especially traders and market operators to accept all legally issued coins, including smaller denominations such as 1, 5, 10, 20, and 50 pesewas, as valid forms of payment. This follows increasing reports of the lower denominations being rejected in everyday transactions, a practice the central bank says […]

Events

12 h. ago BoG considers price hedging programme for gold exports – Governor 

The Bank of Ghana Governor Dr. Johnson Asiama, has revealed that the Central Bank is considering price hedging programme for its gold exports.  The move, according to him, is to ensure that its loss is minimise, should the price of gold start declining due to developments on the international market.  The Governor of the Bank […]

Politics

13 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

13 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

13 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

13 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

14 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

31 h. ago DSTV, Market Power, and the urgent case for competition (Antitrust) Law Reset

In March 2025, MultiChoice Ghana, the operator of DSTV, raised its subscription prices, triggering public backlash. Soon after, the Ghanaian cedi appreciated significantly against the US dollar, gaining roughly a third of its value. Despite the change in exchange rate, DSTV did not adjust its prices downward. From basic economics, a firm with no competitive […]

Politics