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Credit-to-GDP gap remains negative, signals credit contraction – BoG
Meanwhile, as of the end of March 2026, macro-financial risks emanating from both the global and domestic macroeconomic environment to the banking sector broadly moderated, year-on-year, supporting the continued resilience and growth of the banking sector.
Unilever Ghana rewards shareholders with GH¢62.5m dividend
Unilever Ghana PLC has declared a final dividend of GH¢1.00 per share, translating into a total payout of GH¢62.5 million to shareholders, following approval at the company's 52nd Annual General Meeting (AGM) on Friday, June 5.
T-bills: Government records 25% undersubscription; interest rates rise marginally
The 91-day bill was the most subscribed as GH¢2.23 billion of the bids were tendered, representing 59.8% of the total bids. However, the uptake was GH¢1.76 billion.
Fitch revises oil forecast for 2026 to US$87 per barrel
Real oil prices reached US$170 per barrel in 1979 (measured in current prices) and OPEC played a very different role then.
Cedi weakens modestly in interbank market but remans stable in retail market; one dollar equals GH¢12.20
In the retail market, the cedi remained unchanged to the dollar at an average of GH¢12.05, while it rose to GH¢15.95 from GH¢15.75, with the euro/Ghana cedi edging down slightly to GH¢13.65 from GH¢13.70.
Inflation to return to medium-term target of 8 ± 2% – BoG
According to the Central Bank’s May 2026 Monetary Policy Report, headline inflation picked up marginally in April 2026, marking the first increase since the disinflation process began in December 2024.
Ecobank to Lead $200 Million Loan Syndication for Sentuo Refinery Expansion
Ecobank Ghana PLC has been appointed as the Lead Arranger and Book Runner for a US$200 million medium-term loan facility to support the second phase expansion of the Sentuo Oil Refinery. The move is expected to bolster Ghana’s energy security and accelerate industrial development. The agreement was formalized through t...
Shippers decry container evacuation delays at Tema Port
Delays in evacuating containers from the Meridian Port Services (MPS) Terminal 3 to Inland Container Depots dominated discussions at the Second Quarter Bronze and Trade Associations’ Shipper Committee meeting organised by the Ghana Shippers’ Authority (GSA) in Accra. Shippers expressed concern that prolonged delays in...
MIIF surpasses GH¢5 billion in mineral royalties
The Minerals Income Investment Fund (MIIF) has, for the first time, surpassed GH¢5 billion in mineral royalty inflows, marking a major milestone in Ghana’s efforts to derive greater value from its mineral resources. According to the Fund, the achievement is the result of sustained reforms and stronger collaboration wit...
Solvent governments may default if they lack liquidity to make interest payments – World Bank
The World Bank has warned that solvent governments may default if they lack the liquidity to make interest payments and refinance maturing obligations, which is more likely to be the case when the global financial conditions are unfavorable. In its June 2026 Global Economic Prospects report, it said liquidity and rollo...
Protecting Ghana’s cocoa reputation in the age of misinformation
In the modern information ecosystem, the greatest threat to an institution’s credibility is not always a bad decision. Often, it is a slow response. In the time between an event and an institution’s official clarification, narratives form, harden, and circulate across social media platforms, radio call-in shows, and in...
World Bank says Finance Ministry fiscal controls delayed GARID project
The World Bank has blamed fiscal controls introduced by the Ministry of Finance for significantly delaying implementation of the Greater Accra Resilient and Integrated Development (GARID) Project, one of the country’s flagship programmes aimed at tackling chronic flooding in the capital. In its latest implementation up...