3 h. ago OSP declares former Finance Ministry Advisor wanted over SML corruption probe

The Office of the Special Prosecutor (OSP) has declared Ernest Darko Akore, a former Chef de Cabinet (Technical Advisor) at the Finance Ministry, wanted over his alleged involvement in corruption-related offences. In a public notice issued on Wednesday, July 16, 2025, the OSP stated that Mr. Akore is being sought in connection with an ongoing […]

Politics

44 h. ago Local Government Ministry pays allowances to over 9000 assembly members

The Ministry of Local Government, Chieftaincy and Religious Affairs has disbursed GH¢23.6 million out of the GH¢25 million released by the Finance Ministry to settle allowances owed to assembly members.

Politics

3 d. ago Government gross financing needs to remain elevated; debt service obligations are large – IMF warns

“Since the 2023 domestic debt restructuring, the government has been relying on T-bills [treasury bills] as the main source of domestic financing. Most T-bills are issued through auctions, but the authorities made private placements in 2024, primarily with non-bank investors with limited alternative investment options (individuals, insurance and investment funds)”.

Events

7 d. ago CBG board must protect taxpayers’ money – Finance Minister cautions

Finance Minister Dr Cassiel Ato Forson has charged the newly appointed Board of Directors of Consolidated Bank Ghana Limited (CBG) with the crucial task of ensuring prudent management of public funds.

Economics

7 d. ago Finance Minister congratulates new CBG board, reaffirms support for bank recapitalisation

Finance Minister Dr Cassiel Ato Forson has extended his warm congratulations to the newly inaugurated Board of Directors of Consolidated Bank Ghana Limited (CBG), while reaffirming government’s commitment to recapitalise the bank in the coming year. In a social media post on Wednesday, July 9, Dr Forson said, “I extend my warm congratulations to the […]

Politics

7 d. ago Finance Minister Ato Forson inaugurates new ADB board, tasks members to focus on agriculture

Finance Minister Dr Cassiel Ato Forson has inaugurated a new Board of Directors for the Agricultural Development Bank (ADB), charging them to remain focused on the bank’s core mandate of supporting Ghana’s agricultural sector.

Politics

7 d. ago Government to capitalise Agricultural Development Bank in 2026 – Finance Minister Ato Forson

Finance Minister Dr Cassiel Ato Forson has assured that the government will recapitalise the Agricultural Development Bank (ADB) next year as part of efforts to reposition the institution to better serve Ghana’s agricultural sector.

Politics

7 d. ago Government has made a bold step to recapitalise NIB – Finance Minister Ato Forson

Finance Minister Dr Cassiel Ato Forson has announced that the government has taken a decisive step to recapitalise the National Investment Bank (NIB) in a move aimed at strengthening the bank’s operations and restoring its financial viability. 

Politics

7 d. ago Finance Minister Ato Forson inaugurates reconstituted NIB board

Finance Minister Dr Cassiel Ato Forson has inaugurated a newly reconstituted nine-member Board of Directors for the National Investment Bank (NIB), signalling a new phase of reform and revitalisation for the state-owned bank. 

Politics

7 d. ago NIB will operate with independence and professionalism under new board – Finance Minister

Finance Minister Dr Cassiel Ato Forson has assured that the National Investment Bank (NIB) will be repositioned to function with the independence and professionalism it deserves, following the inauguration of a new nine-member Board of Directors. 

Politics

8 d. ago LIST: Nana Ansah Kwao IV among 8 appointed to new board of Ghana Infrastructure Investment Fund

The Deputy Minister for Finance, Thomas Ampem Nyarko, has sworn in an eight-member Board of the Ghana Infrastructure Investment Fund (GIIF) in Accra. In his address, Mr Nyarko emphasised the government’s confidence in the new Board, describing their appointment as a reflection of trust in their expertise, leadership, and capacity to deliver on national infrastructure […]

Politics

8 d. ago ‘I make a solemn pledge to support Goldbod’ – Finance Minister Ato Forson

Finance Minister Dr Cassiel Ato Forson has pledged his unwavering support to the Ghana Gold Board (Goldbod) in its efforts to clamp down on illegal gold smuggling and strengthen the management of the country’s gold resources. 

Politics

8 d. ago $1.2bn worth of gold smuggled during economic crisis – Finance Minister Ato Forson

Ghana’s Minister for Finance, Dr Cassiel Ato Forson, has revealed that 60 tonnes of gold, worth an estimated $1.2 billion, were smuggled out of the country at the height of the economic crisis in 2022. 

Economics

8 d. ago Finance Minister calls for ruthless action against gold smugglers

Finance Minister Dr Cassiel Ato Forson is calling for firm and uncompromising action against individuals and networks involved in gold smuggling, describing them as economic saboteurs. 

Politics

8 d. ago Preserve integrity of fiscal policy adjustment to bolster economic recovery – IMF to government

It commended the government (Ministry of Finance and Bank of Ghana) for making headway on their public debt restructuring, highlighting the Memorandum of Understanding (MoU) with Ghana’s Official Creditors Committee (OCC) under the G20 Common Framework.  The focus is now on finalising the bilateral agreements to implement the MoU.

Politics

9 d. ago Deputy Finance Minister tasks new GSS Board to strengthen national data systems

The Deputy Minister for Finance, Thomas Ampem Nyarko (MP), has inaugurated a seven-member Board for the Ghana Statistical Service (GSS) with the task of ensuring an accurate and reliable data system for the country’s development.

Politics

1 week ago Government to spend $1.4bn in 2025 in servicing debt to Eurobond holders

The government has announced plans to spend US$1.4 billion next year in servicing debt to Eurobond holders. This was contained in a statement issued by the Ministry of Finance. The Ministry confirmed that it had finalised the third tranche payment of US$349 million to investors on July 3, 2025. The announcement confirmed an earlier story […]

Economics

1 week ago Education Minister promises increase in Students Loan Trust Fund allocation from GH¢70m to GH¢150m

Ghanaian tertiary students are set to receive a significant injection of financial support, as Education Minister Haruna Iddrisu announced a more than doubling of the Ghana Education Trust Fund (GETFUND) allocation to the Students Loan Trust Fund (SLTF). This major boost, increasing the allocation from GH¢70 million to GH¢150 million, aims to alleviate the financial […]

Politics

1 week ago Ghana fully up to date on 2025 Eurobond debt service obligations – Finance Minister

Government has confirmed that it is fully current on all scheduled Eurobond debt service obligations for the 2025 financial year.

Politics

1 week ago Government releases US$300m to service Eurobond debt today July 3, 2025

Government has released US$300 million to service debt owed Eurobond holders in coupon payments today July 3, 2025. The Ghana cedi component of the debt had already been released by government to the Bank of Ghana to support the payments to the bondholders. Joy Business understands that the Bank of Ghana is expected to make […]

Economics