Business

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BoG meets banks on foreign exchange auctions and liquidity challenges

The Governor of the Bank of Ghana (BoG), Dr. Johnson P. Asiama, has announced plans to engage the Ghana Association…

Government announces plans to cut oil palm import by $2bn

Ghana’s palm oil industry is once again in the national spotlight as the government unveils an ambitious plan to close…

Republic Bank, Bank of Africa provide lowest interest rates on loans to individuals

Data released by the Bank of Ghana has revealed that Republic Bank and Bank of Africa provide the lowest interest…

BoG’s gold reserves increased by 4% to 34.40 tonnes in July 2025

The Bank of Ghana’s gold reserves increased by 4.09% month-on-month to 34.40 tonnes in July 2025. According to data from…

15% tariff on goods entering U.S starts today, August 7

The 15 percent tariff imposed on exports from Ghana to the U.S starts today August 7, 2025. U.S government announced…

July 2025 inflation slows marginally to 12.1%

The year-on-year Inflation for July 2025 slowed down to 12.1% from the 13.7% recorded in July 2025. This is the…

COPEC kicks against proposed 20% hike in transport fares

The Chamber of Petroleum Consumers (COPEC) has strongly kicked against any move by transport operators to increase commercial fares by…

Cedi posts mixed performance over past two weeks; one dollar equals GH¢11.90 at forex bureaus

The Ghana cedi posted mixed performance over the past two weeks, weakening slightly on the interbank market while posting modest…

Government to announce new producer price for cocoa today

Government is expected to announce a new producer price for cocoa for the 2025/2026 crop season today, August 4, 2025.…

Monetary Policy Committee of BoG cuts policy rate sharply to 25%

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has significantly reduced the policy rate to 25 percent…
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