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BoG losses reflect cost of stabilising economy – Joe Jackson
The Chief Executive Officer of Dalex Finance, Joe Jackson, has defended the Bank of Ghana’s (BoG) reported losses, arguing that they are justified as part of deliberate policy measures to stabilise the economy. Speaking on the Super Morning Show on Monday, 4 May, Mr Jackson said the central bank’s financial position mu...
The group of X platform content creators has no political affiliation – BoG clarifies
“The Bank of Ghana met with a group of X platform content creators on 22 April 2026, to address challenges with delayed receipt of funds. We state categorically that this group has no political affiliation. They engaged the Bank solely as concerned content creators seeking a practical resolution to a legitimate issue”.
We remain policy solvent despite operating loss and negative equity – BoG
The Bank of Ghana (BoG) has defended its financial position for 2025, insisting that despite recording a GH¢15.6 billion operating loss and negative equity, it remains capable of delivering on its core monetary policy mandate. The Central Bank maintains that it remains “policy solvent,” meaning it has the internal capa...
GoldBod task force cuts illegal gold trade, boosts forex repatriation
A dedicated anti-smuggling taskforce established by the Ghana Gold Board (GoldBod) has significantly curtailed illegal gold trading activities across the country, helping to channel artisanal and small-scale mining (ASM) gold exports through formal systems and strengthening foreign exchange inflows into the national ec...
Ryanair investigated over charging parents to sit with children
Ryanair is being investigated by the UK's competition watchdog over charges it imposes on parents to sit next to their child on flights.
E&P takeover of Damang Mines: “Let’s have more Ghanaian companies come into the picture” – Sophia Akuffo
A former Chief Justice, Sophia Akuffo has expressed support for significant local participation in Ghana’s mining and extractive sectors. Responding to questions on the takeover of the Damang Goldfields concession and Azumah Mines by Engineers and Planners, a local mining firm, Madam Akuffo argued that encouraging Ghan...
‘Why cut what you just raised?’ — Sophia Akuffo questions gov’t levy decision
The Institute of Economic Affairs (IEA) has cautioned that the reduction of the Growth and Sustainability Levy could weaken Ghana’s efforts to maximise value from its natural resources. At a press briefing in Accra, the policy think tank said the government’s decision to cut the levy from three per cent to one per cent...
Finance Minister holds first investor town hall since 2021, signals strong recovery path
He pointed to a strong track record since the Domestic Debt Exchange Programme (DDEP), including successive IMF programme reviews with disbursements exceeding US$700 million, a sovereign credit rating upgrade to B- with stable outlook, and the successful servicing of both domestic and external debt obligations, includi...
We will not accept conduct seeking to demean or undermine integrity of staff of members – GAB
“As law abiding and significant tax paying sector, we will not tolerate any such acts of intimidation and use of abusive language on staff of our member banks by anyone or group of people”.
GEXIM concludes 10th anniversary celebrations with renewed commitment to export growth
The Ghana Export-Import (GEXIM) Bank, on Thursday, March 26, 2026, brought a series of activities to a close in Accra to mark its 10th anniversary, signalling a renewed strategic direction towards strengthening Ghana’s export sector.
Kasapreko IPO oversubscribed by 146%, to list on GSE on June 15th
According to a circular from the Ghana Stock Exchange, the Offer attracted bids from 18,781 qualified applicants totalling approximately GH¢1.44 billion shares. This represented subscriptions of GH¢1.73 billion — making the Offer oversubscribed by 146%.
GEXIM@10: Exim Bank reduces loan collateral requirements to support SMEs – CEO
The Ghana Export-Import (GEXIM) Bank has announced a reduction in collateral requirements for loans, in a move aimed at improving access to finance for businesses, particularly macro, small and medium-sized enterprises (SMEs).