Spain Ghana CC

Govt to expand tax base and improve revenue mobilization

To boost economic growth and increase revenue mobilization, the Ghanaian government is implementing measures to improve the country’s tax-to-gross domestic product (GDP) ratio. Abena Osei Asare, the Minister of State at the Finance Ministry, has stated that while efforts to increase tax mobilization in the formal sector have been made, plans are advanced to widen […]

We’ll sustain reforms driving economic recovery – BoG Governor assures

The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […]

  JANUARY-AUGUST  2023 JANUARY-AUGUST  2022 GSE-CI YTD Change 26.22% -10.05% Value (GH¢) 474.54m 1.23bn GSE-CI 3,084.79 2,508.99 Market Capitalization (GH¢) 73.25bn 64.44bn         

Ban on cryptocurrency still in force – Finance Ministry warns

The government has reiterated its ban on the use of cryptocurrency in all transactions, saying that all financial institutions in the country have been directed not to engage in crypto transactions. Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam, made the announcement when he answered questions on the floor of Parliament. “The […]

Ghana’s IMF programme: Paris Club, China, other creditors agree to form OCC

The Paris Club, China, India, Saudi Arabia, and Turkey have agreed to form the Official Creditor Committee (OCC) and provide financing assurances for Ghana to the International Monetary Fund as soon as possible, in order to clear the path for a Fund Executive Board approval by early May 2023. This was divulged by Finance Minister, […]


The European Union delegation to Ghana in partnership with the European Chamber of Commerce and the Chamber of Agribusiness Ghana has launched the Ghana-EU Agribusiness Platform in Accra. The platform will serve as a convenient space for agribusiness actors and stakeholders in Ghana and the EU to connect and exchange for wider business and partnership […]

Producer Price Inflation rises sharply — Now at 65.25% in October

THE Producer Price Inflation (PPI) which measures the average change over time in the selling prices of goods and services as received by domestic producers shot up to 65.2 per cent in October. This was up from the 45.6 per cent recorded in September and clearly signals what is to be expected of consumer inflation […]

GSE tightens rules on green bonds

The Ghana Stock Exchange (GSE), in collaboration with the Securities and Exchange Commission (SEC), has launched new rules to guide the listing and trading of green and sustainable bonds on the market. Dubbed the Green and Sustainable Bond Rules, the launch of the new guidelines formed part of activities to mark the 32nd anniversary of […]

BoG withdraws foreign exchange support for importation of rice, vegetable oils, others

The Bank of Ghana has withdrawn foreign exchange support to customers for the importation of certain non-critical or essential goods. Joy Business however understands that the withdrawal of the FX support for the importation of these non-essential goods took effect in the past three weeks. The goods affected include rice, poultry, vegetable oils, toothpicks, pasta, […]