Business
Stories in this category
BoG Governor sees opportunity in Burkina Faso tomato export ban
The Governor of the Bank of Ghana, Dr Johnson Asiama, has suggested that Burkina Faso’s decision to halt tomato exports could present a strategic opportunity for Ghana to strengthen its domestic agricultural sector.
BoG pledges to protect cedi, keep inflation under control
The Bank of Ghana (BoG) says it will continue to protect the value of the cedi and keep inflation under control as it seeks to sustain Ghana’s economic recovery. Governor of the BoG, Dr Johnson Asiama, said the central bank would remain cautious despite improvements in key economic indicators, citing persistent global...
Housing and food prices drove April inflation – GSS
Rising housing and food prices were the main drivers of inflation in April 2026, according to new data released by the Ghana Statistical Service, despite mixed price trends across other sectors. The report indicates that the housing, water, electricity, gas and other fuels category recorded significant price pressures,...
Airlines cut 13,000 flights in May as jet fuel prices soar
Airlines have cut 13,000 flights globally in May as jet fuel prices soar due to the conflict in the Middle East.
Sustained higher oil prices to add to cross-sector credit pressure – Fitch
The effects on Issuer Default Ratings (IDRs) if such a scenario were realised would also be influenced by other factors, notably the potential for ratings to benefit from support, for example, from parent entities or governments.
Ghana moves to enact new loans law to enforce discipline
According to the Minister, the proposed legislation will strictly define the permissible uses of borrowed funds, with a clear requirement that every loan be linked to high-impact, value-for-money investments.
Built environment professionals call for metropolitan governance reforms to address Ghana’s urban challenges
The built environment professionals are calling for urgent reforms to Ghana’s metropolitan governance system to address the growing challenges of urbanisation, infrastructure delivery, transportation, sanitation, flooding, and land-use management across the country’s major urban centres. The call was made at the Built...
Ghana to fully finance vaccines, critical medicines as global fund support winds down – Finance Minister
The Government of Ghana is preparing to fully budget for and finance vaccines and critical medicines ahead of the gradual withdrawal of support from the Global Fund by 2029, Finance Minister Cassiel Ato Forson has disclosed. According to the Minister, government is taking deliberate steps to ensure that Ghana’s healthc...
ECOWAS delegation studies NPA’s fuel quality standards framework
A delegation from the ECOWAS Commission has commenced a three-day study tour in Ghana to understudy the National Petroleum Authority’s (NPA) regulatory framework on fuel quality standards. The visit forms part of efforts to strengthen downstream petroleum regulation and promote the implementation of harmonised fuel qua...
Cedi depreciation against dollar hits 5.86%, but BoG increases support to tackle pressures
The regulator disclosed to the dealers that additionally the “Bank has observed a persistent build-up in FX [forex] demand and volatility in the FX market, as reflected in recent auction bids and will therefore intervene with US$350 million solely to cover residual unmet bids from the auction”.
Ghana’s economy expands 5.1% in May 2026; services drive expansion, agriculture slows
Presenting the report, the Government Statistician, Dr. Alhassan Iddrisu, explained that the latest figures indicate the economy is still expanding, although at a gentler pace than a year earlier.
BoG not a profit-driven institution despite GH¢15.6bn loss – Majority
The Majority in Parliament has defended the financial position of the Bank of Ghana following concerns over its 2025 operational loss, insisting that the central bank is not mandated to make profits. The response comes after the release of the Bank’s audited financial results, which showed an operational loss of about...