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Analysis: Why the Bank of Ghana sold half its gold reserves
Somewhere between November and December 2025, the Bank of Ghana decided to sell roughly half of its gold reserves. At the last reporting before the sale in October 2025, the bank’s gold holdings stood at 38.04 tonnes. The next reporting in December 2025 showed that holdings had dropped to 18.6 tonnes. That represents a...
Bond market: Turnover rose by 43% to GH¢2.98bn
The 2027–2030 segment captured a further 36.7% of traded volumes at a weighted-average yield of 11.99%.
GIP Secures $20m boost from Norfund, Axis Pensions to deepen SME financing in Ghana
Speaking at an event to onboard the new investors, ther Chief Executive Officer of GIP, Jacob Kholi, said the development will significantly expand the platform’s reach and impact.
Hanypay Ghana launches board to boost governance and Fintech growth
Hanypay Ghana Ltd has officially inaugurated its Board of Directors in a landmark ceremony marking a major milestone in the company’s institutional development, governance framework, regulatory progress, and strategic expansion within Ghana’s evolving fintech and digital asset ecosystem. The inauguration and swearing-i...
IMF projects Ghana’s debt-to-GDP to rise to 53% by 2026 despite recent gains
Ghana’s debt-to-GDP ratio is projected to rise to 53.0% by the end of 2026, up from 45.3% recorded in 2025, according to the International Monetary Fund (IMF). The projection is contained in the IMF’s Fiscal Monitor Report released on the sidelines of the 2026 Spring Meetings of the IMF and World Bank in Washington DC....
Asset quality risks of banks remain elevated despite decline in NPL ratio – BoG
The decomposition of the NPL showed that the private sector accounted for the most non-performing loans, in line with its dominant holdings in total credit.
Ghana ends IMF programme; shifts to Non-Financing support
The Government of Ghana has announced the successful conclusion of the country’s Extended Credit Facility (ECF) programme with the International Monetary Fund (IMF). Although the development signals Ghana’s planned transition away from a financial bailout arrangement, the country will now operate under a non-financing...
Discussions on petroleum taxes review ongoing with Finance Minister – Energy Minister
Minister for Energy and Green Transition, John Jinapor has disclosed that the ministry is having a series of engagements with the Finance Minister to take a decision on some taxes, including the one cedi levy on petroleum products. There have been calls for government to remove some taxes on petroleum prices at the pum...
Airport tax revenue shrinks by GH₵400m, misses 2025 target by 20%
Ghana’s airport tax revenue has dropped by GH₵400 million, missing its 2025 target by about 20 per cent, as the nearly GH₵2 billion projection failed to materialise. Fresh data from the Ministry of Finance, analysed by JoyNews Research, shows the government targeted GH₵1.95 billion in airport tax inflows but realised a...
IMF MD Appoints Zeine Zeidane as Director of African Department
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to appoint Zeine Zeidane as Director of the African Department (AFR). Mr. Zeidane will succeed Abebe Aemro Selassie, who will retire from the Fund on May 1, 2026. “I have informed the Executive Board of my in...
Claims that Ato Forson is withholding funds from ministries are laughable – Deputy Finance Minister
The Deputy Minister of Finance, Thomas Nyarko Ampem, has dismissed claims that Finance Minister Cassiel Ato Forson is refusing to release funds to some government ministries, describing such assertions as “laughable.” According to him, the government has continued to release funds to ministries, departments and agencie...
Chief of Staff urges mentorship as key to Ghana’s economic growth
Chief of Staff Julius Debrah has emphasised the importance of mentorship in fostering a strong and sustainable Ghanaian economy, speaking at the Kwahu Business Forum 2026. “No economy becomes truly strong when success is hoarded,” he said, calling on established entrepreneurs, industrialists, financiers, and corporate...