Monetary Tightening Continues as BoG Raises Over GHS 3.3Bn in Bill Auction
The Bank of Ghana has raised GHS 3.34 billion through the issuance of short-term BoG Bills, as part of its liquidity management strategy under Open Market Operations. The auction, conducted on Thursday, April 30, 2025, saw the central bank issue 56-day bills at a yield of 27.9 per cent—slightly below the prevailing monetary policy rate […]
‘We are not selling ECG’ – John Jinapor dispels privatisation fears, explains concession model
The Energy Minister has rejected claims that government is selling the Electricity Company of Ghana (ECG), saying Cabinet has instead chosen a concession model to bring in private sector efficiency without giving up state ownership. “We are not selling ECG, and let me put this on record,” John Abdulai Jinapor said on PM Express on Joy News […]
LA LIGA EL CLASICO VIEWING PARTY
This event offers the perfect opportunity to reconnect with familiar faces and build new business relationships in a relaxed environment.This event is in partnership with the EMBASSY OF SPAIN AND LA LIGA
We are committed to assisting Ghana and other countries hit by global tariff war — IMF MD
IMF Managing Director Kristalina Georgieva has assured that the Fund is ready to assist Ghana and other countries affected by the ongoing global tariff war. Speaking during the launch of the Global Policy Agenda at the IMF/World Bank Spring Meetings in Washington DC, Georgieva said the IMF has the tools and resources to respond when […]
Investor Confidence in Ghana’s Economic Reforms Soars Amid Washington Engagement
Ghana’s economic management is regaining global investor confidence, following a high-level dialogue in Washington, D.C., led by the country’s Finance Minister, Dr Cassiel Ato Forson. The engagement, held on the sidelines of the IMF-World Bank Spring Meetings, signalled strong endorsement for the government’s ongoing fiscal reforms and macroeconomic stabilisation agenda. In his address to investors, […]
Headline Inflation Rate to Hit 17.2% in 2025 – World Bank Projects
Ghana’s inflation rate is projected to reach 17.2% in 2025, according to the World Bank’s latest Africa Pulse report, underscoring persistent price pressures even as the broader Sub-Saharan region sees a moderation in inflationary trends. The projection exceeds the 15% inflation ceiling agreed under Ghana’s International Monetary Fund (IMF) programme, suggesting continued challenges in reining […]
Exercise prudence in adjusting lending rates up – BoG Governor to banks
The Bank of Ghana Governor, Dr. Johnson Asiama, has urged commercial banks to exercise prudence in adjusting their lending rates following the increase in the policy rate. According to him, the commercial banks should maintain transparent communication with clients in carrying out this action. He disclosed this at a meeting with captains of the commercial […]
Zimbabwe and Other Countries That Offered to Drop All Tariffs on U.S Goods
Zimbabwe and Other Countries That Offered to Drop All Tariffs on U.S Goods When U.S. President Donald Trump unveiled a sweeping policy of reciprocal import tariffs, it sent shockwaves through global markets and governments alike. Some countries, including Zambia, had already offered to eliminate all tariffs on U.S. goods in a bid to avoid being […]
Ghana-EU Business Forum
Ghana-EU Business Forum | 20-21 May 2025 | Kempinsky Hotel, Accra The third edition of the Ghana-EU Business Forum is back and is taking place under the theme: “Deepening Ghana-EU cooperation on trade and investment in non-traditional value chains under the EU Global Gateway strategy”. This key event is a central meeting place for policymakers […]
No Contractor Will Be Paid Until Audit Is Complete – Finance Minister Declares
No Contractor Will Be Paid Until Audit Is Complete – Finance Minister Declares Minister for Finance, Dr. Cassiel Ato Forson, has firmly stated that no payments will be made to government contractors until a comprehensive audit of outstanding arrears is completed by the Auditor-General. Speaking at a high-level meeting with Chief Directors from the various […]