19 h. ago Policy consistency and macroeconomic stability necessary for confidence in the cedi – Absa’s Adolph Kpegah

The Executive Director, Strategy and Operations at Absa Bank Ghana Limited, Adolph Kpegah, has highlighted the importance of policy consistency and macroeconomic stability in restoring public confidence in the cedi and in discouraging the preference for hard foreign currency. Speaking at the recent 11th Absa-UPSA Quarterly Banking Roundtable, he highlighted that sustained macroeconomic stability and […]

Events

25 h. ago Ghana Turns to Gold in Bid to Stabilise Economy, Central Bank Says

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/The Bank of Ghana is leveraging its domestic gold resources as a cornerstone strategy to rebuild foreign reserves, stabilise the cedi, and restore investor confidence following the nation’s exclusion from international capital markets during its recent debt crisis. First Deputy Governor Dr. Zakari Mumuni outlined the central bank’s approach, calling it critical for hedging sovereign […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/

Politics

5 d. ago Inflation is falling, the cedi is rising: So why are prices still high?

Inflation has been on a steady decline throughout the first half of 2025, and for the first time in years, there’s a glimmer of macroeconomic stability.

Economics

6 d. ago Ghana Fixed Income Market Records GH¢722.5 Million in August 6 Trading

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-fixed-income-market-records-gh%c2%a2722-5-million-in-august-6-trading/The Ghana Fixed Income Market saw GH¢722.5 million in total traded value across 635 transactions on August 6, 2025, with treasury bills dominating activity. Government securities accounted for nearly 70% of the day’s volume, reflecting sustained investor focus on sovereign debt instruments amid ongoing macroeconomic stabilization. Treasury bills led activity with GH¢208.2 million traded across […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-fixed-income-market-records-gh%c2%a2722-5-million-in-august-6-trading/

Economics

6 d. ago Ghana Business Confidence Soars Despite Output Dip as Cedi Strengthens

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-business-confidence-soars-despite-output-dip-as-cedi-strengthens/Ghana’s private sector slashed selling prices at the second-fastest pace on record in July, capitalizing on a historic drop in purchase costs driven by the cedi’s sharp appreciation. The S&P Global Ghana Purchasing Managers’ Index (PMI) edged down to 50.2 from June’s 51.3, signaling near-stagnation and the weakest improvement in six months. Paradoxically, business optimism […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-business-confidence-soars-despite-output-dip-as-cedi-strengthens/

Politics

7 d. ago Opinion: Inflation is falling, the Cedi is rising; so why are prices still high?

Ghana is currently experiencing what should be a moment of economic optimism. Inflation has been on a steady decline throughout the first half of 2025, and for the first time in years, there’s a glimmer of macroeconomic stability. Deloitte and the IMF are both projecting single-digit inflation by year-end, with the IMF forecasting as low […]

Economics

8 d. ago Ghana Bond Yields Decline Sharply as Investor Confidence Rebounds

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-bond-yields-decline-sharply-as-investor-confidence-rebounds/Government bond yields fell significantly across all maturities in the first half of 2025, reflecting strengthening investor sentiment amid easing inflation and stabilizing macroeconomic indicators. Data from the Bank of Ghana shows the sharpest compression at the shorter end of the curve, with the 4-Year Bond yield dropping 686 basis points to 19.36% between January […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-bond-yields-decline-sharply-as-investor-confidence-rebounds/

Politics

3 w. ago Cedi Gains 42.6% Against Dollar in 2025, Easing Import Costs

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedi-gains-42-6-against-dollar-in-2025-easing-import-costs/Ghana’s currency has strengthened significantly against the US dollar this year, with the Bank of Ghana (BoG) reporting a 42.6% appreciation by mid-2025. Central bank data attributes this rebound to strong gold and cocoa export revenues, sustained remittance flows, and improved investor confidence reinforced by fiscal discipline. The cedi’s recovery has reduced exchange costs for […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedi-gains-42-6-against-dollar-in-2025-easing-import-costs/

Politics

3 w. ago Ghana’s commitment to IMF programme key in maintaining macroeconomic stability – Deloitte

Ghana’s continued adherence to the International Monetary Fund (IMF) programme remains central to its economic policy, Deloitte has indicated in its Macroeconomic Outlook. According to the professional services firm, “commitment to programme is key to maintaining macroeconomic stability and investor confidence”. It also pointed out that the Bank of Ghana may consider easing its monetary […]

Politics

4 w. 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

4 w. ago Who Will Bell the Cat? Ghana’s Gold strategy and the strangling of dollar liquidity

Who will bell the cat? That is the question many are now asking as Ghana’s foreign exchange liquidity tightens in unexpected ways. In the early part of 2025, the Ghana Cedi appreciated by an impressive 16%, buoyed by rising gold exports and a renewed sense of macroeconomic stability. On the surface, it looked like Ghana […]

Politics