6 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

7 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

7 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

8 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

10 h. ago South Sudan joins African Paralympic family as IPC grants provisional membership

The Paralympic Movement in Africa has grown even stronger, with South Sudan officially welcomed as a new member of the African Paralympic community. The country’s National Paralympic Committee (NPC) has been granted provisional membership by the International Paralympic Committee (IPC), effective 30 June 2025. This landmark development follows the formal approval of South Sudan’s application […]

Politics

23 h. ago Minority, Majority MPs clash over credit for Ghana’s economic gains

Majority and Minority MPs have clashed in Parliament over Ghana’s recent economic gains, as inflation declines and the cedi strengthens against major foreign currencies.

Politics

4 d. ago Nurses, Government, and Parliamentary Committee conclude meeting on Conditions of Service successfully

A high-stakes meeting between the Ghana Registered Nurses and Midwives Association (GRNMA), the Parliamentary Select Committee on Health, and the government has ended on a positive note, with the government agreeing to grant two of the allowances demanded by the association. The meeting, facilitated by the Parliamentary Select Committee on Health, was aimed at finding a lasting solution to the dispute over the implementation of the GRNMA's 2024 Conditions of Service.

Politics

4 d. ago Four arrested, granted bail in connection with 3.3 tonnes cocaine bust

The Interior Minister, Mohammed Muntaka Mubarak, has revealed that four individuals have been arrested and granted bail in connection with the major drug bust in Cape Coast earlier this year.  

Events

5 d. ago Economy running on borrowed breath, not fundamental strength – Africa Policy Lens

Despite apparent economic gains, particularly the recent stability of the local currency, the Africa Policy Lens (APL) has warned that Ghana’s economy is operating on "borrowed breath" rather than fundamental strength. In a statement reacting to the injection of US$367 million from the International Monetary Fund (IMF) following the fourth review of its Extended Credit Facility Programme, the APL said indicators point to an overreliance on foreign support for the economy’s survival.

Events

5 d. ago Five granted bail over GH¢2.3m, $191,900 counterfeit currency case 

Five people arrested in connection with the printing of counterfeit GH¢200 and $100 notes totalling GH¢2.3 million and $191,900 have been granted bail. 

Politics

5 d. ago National Security yet to make an arrest after seizure of 12 gold

Four months after a major security operation uncovered 12 containers filled with gold bars, foreign currency, and other contraband items in Sapeiman, the Interior Minister tells Parliament National Security is yet to arrest the perpetrators.

Events

6 d. ago Ghana secures $30 million Chinese grant for Aflao Market Project

Ghana has secured a $30 million grant from the Government of the People’s Republic of China for the construction of a modern market in Aflao. This is in fulfilment of a campaign pledge made by President John Dramani Mahama during the 2024 general elections. The grant agreement was officially signed on Monday, July 7, 2025, […]

Economics

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

6 d. ago We have done our part in preserving cedi’s true value – BoG Governor 

Bank of Ghana (BoG) Governor, Dr. Johnson Asiama, has reaffirmed the central bank’s commitment to protecting the value of the cedi and strengthening public trust in the national currency.

Politics

8 d. ago Resetting fiscal credibility: Why bond markets are taking notice

Ghana’s macroeconomic landscape is undergoing a fundamental reset. After navigating a turbulent period of high inflation, fiscal strain, and currency depreciation, the economy is now witnessing a notable recovery. A combination of falling inflation, a strengthening cedi, and reinforced fiscal discipline has driven a sharp decline in domestic bond yields. The turnaround in investor sentiment […]

Politics

1 week ago BoG’s gold reserves increased by 8.05% since January 1, 2025, to 32.99 tonnes in June

The accumulation of the gold reserves has been mainly driven by the Domestic Gold Purchase Programme, a policy initiative designed to strengthen foreign exchange reserves, boost investor confidence, enhance currency stability, and create a more conducive environment for foreign direct investment and economic growth.

Politics

1 week ago Sean ‘Diddy’ Combs’ Conviction Exposes Ghana’s Fame Illusion and Power Exploitation

The conviction of Sean "Diddy" Combs in his federal sex trafficking trial strikes at the heart of the fame illusion cherished by Ghana's youth and lays bare the pervasive reality of power exploitation across Ghanaian society. Sean “Diddy” was denied bail on Wednesday night—just hours after a jury of 12 American citizens found him guilty on two counts of transportation to engage in prostitution. He was, however, acquitted of the more serious charges of racketeering conspiracy and sex trafficking.

Politics

1 week ago Sean ‘Diddy’ Combs loses bid for release on bail ahead of sentencing

A U.S. judge on Wednesday denied Sean "Diddy" Combs' bid to be released from jail ahead of his sentencing, after the music mogul was convicted on prostitution-related offences.

Politics

1 week ago ‘Diddy’ denied bail after being cleared of most serious charges

A judge has denied bail to Sean "Diddy" Combs after a jury convicted the hip-hop mogul of transportation to engage in prostitution, but acquitted him of the most serious charges: racketeering and sex trafficking.

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