46 m. 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

73 m. ago Volta Region leads Ghana’s next green industrial revolution with strategic Kenaf breakthrough

As Ghana intensifies its search for sustainable economic solutions, the Volta Region is boldly stepping forward with a strategic blueprint to revive and scale up the Kenaf industry—an ambitious agro-industrial initiative with the potential to transform local economies, generate millions in foreign exchange, and position Ghana as a hub for green manufacturing in West Africa.

Events

2 h. ago Heath Goldfields Ltd appoints Patrick Appiah Mensah as Managing Director of Bogoso Prestea Gold Mine

Heath Goldfields Ltd has announced the appointment of Mr. Patrick Appiah Mensah as the Managing Director of the Bogoso Prestea Gold Mine, effective immediately. This executive leadership appointment marks a significant milestone in the company’s strategy to restart operations and restore the mine as a benchmark for responsible and sustainable gold mining in Ghana. Mr. […]

Politics

2 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

3 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

3 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

4 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

4 h. ago Village Savings and Loan Groups in Wassa Amenfi West receive financial literacy training

Leaders of Village Savings and Loan Associations (VSLAs) in Ghana’s Wassa Amenfi West Municipal have received financial literacy and governance training under a cocoa sustainability initiative aimed at boosting rural livelihoods and promoting responsible sourcing. As part of the ongoing Wassa Amenfi Cocoa Landscape Initiative (WACLI), 29 leaders from VSLAs in the municipality completed intensive training in financial management, record-keeping, budgeting, and effective group governance.

Economics

4 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

4 h. ago 19 injured, 4 critical in Central Region crash involving 2 Sprinter buses

Nineteen people sustained injuries, including four in critical condition, following a head-on collision between two Sprinter Benz buses at Awutu Bonsuoku in the Central Region. The critically injured victims have been transferred to the Winneba Trauma and Specialist Hospital, while 13 others are receiving treatment at the Hope Christian Hospital in Gomoa Fetteh, and two at the Senya Bereku Polyclinic.

Events

5 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

5 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

5 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

6 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

6 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

6 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

6 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

7 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

24 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

25 h. ago Azumah Resources rejects political motive claims, confirms EBID talks started in 2023

In a carefully worded public statement, Azumah Resources Ghana Ltd has confirmed that the ECOWAS Bank for Investment and Development (EBID) was engaged in discussions to support the Black Volta Gold Project as early as 2023 — a critical clarification that challenges ongoing claims that the financing was politically engineered following Ghana’s 2024 elections.

Politics