Business

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BoG directs mining firms to redirect FX inflows to commercial banks

The Bank of Ghana (BoG) has directed mining firms to channel their foreign exchange inflows through commercial banks, rather than…

Forex scarcity fuelling mafia-style auctions at our ports – IEAG warns of mass action

The Importers and Exporters Association of Ghana (IEAG) is concerned over what it describes as a “mafia” system of illegal…

Ghana-Singapore trade crosses $215m, Mahama eyes billion-dollar growth

President John Dramani Mahama has revealed that trade between Ghana and Singapore reached over US$215 million in 2024, and he…

T-bills auction: Government misses target again; interest rates go up

The government missed its treasury bills target for the third consecutive week as investors continued to shift towards high-yielding instruments,…

Tema Port goes 24/7 as importers can now clear goods even at 2 a.m

Tema Port has officially become a 24-hour operation, allowing importers to clear their goods even at 2 a.m., according to…

EOCO took me through the rightful processes – Shatta Wale expresses gratitude after release

Dancehall star Charles Nii Armah Mensah, popularly known as Shatta Wale, has expressed gratitude to officials of the Economic and…

Stop foreign currency cash payments to large corporates without deposits – BoG directs banks

The Bank of Ghana (BoG) has directed commercial banks, with immediate effect, to halt the payment of foreign currency cash…

DDEP: Big pay day for Bondholders as gov’t disburses GH¢9.7bn

Government has pumped GH¢9.7 billion into the economy in its latest coupon payment under the Domestic Debt Exchange Programme (DDEP).…

Some OMCs keep fuel prices unchanged despite projected increases

Some major Oil Marketing Companies (OMCs) have maintained petroleum product prices at the pumps despite industry projections of marginal changes…

Foreign investors’ debt holdings fell to GH₵13.4bn in 2024 – Report

Foreign investors’ debt holdings decreased to GH₵13.4 billion at the end of December 2024, compared to GH₵17.5 billion at the…
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