SSNIT makes Annual Pensioner Certificate Renewal mandatory from April 2026
The Social Security and National Insurance Trust (SSNIT) has announced a major policy change that will require all pensioners to undertake a mandatory annual Pensioner Certificate renewal beginning April 2026. The measure forms part of broader efforts to safeguard the integrity of the national pension scheme and ensure that pension payments are made only to […]
Festive season FX demand piles pressure on the cedi
Seasonal demand for foreign exchange is once again putting pressure on the Ghanaian cedi as import-dependent businesses move to secure dollars, pounds and euros ahead of the peak Christmas trading period. The annual surge in fourth-quarter demand has intensified competition for limited forex supply, unsettling traders who rely on predictable access to foreign currency to […]
BoG pumps $10bn into forex market to aid cedi’s stability
The Bank of Ghana (BoG) has injected about $10 billion into the forex market since January 2025 to help stabilise the cedi. This is the total amount it has sold to commercial banks and businesses to meet their dollar needs, a move that has significantly supported the stability of the currency. The intervention spans January […]