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BoG calls for shift from financial access to financial health
Ghana must move beyond expanding access to financial services and focus on improving the financial well-being of its citizens if it is to achieve sustainable economic growth; that’s according to Head of FinTech and Innovation at the Bank of Ghana (BoG), Elhanan Owureku Asare. Speaking on the Ecobank Joy Business Financ...
T-bills auction: Government records 23% oversubscription, but interest rates continue to rise
The 364-day bill was once again the most subscribed bill as GH¢1.85 billion of the bids were tendered, representing 44.5% of the total bids.
Preventable engineering failure caused substation fire – ASEC director
The fire that disrupted power supply and exposed vulnerabilities in Ghana’s transmission network was a preventable engineering failure, not sabotage, according to Ing Justice Ohene-Akoto, Executive Director of the Africa Sustainable Energy Centre (ASEC). Speaking on the Asaase Breakfast Show on Friday (12 June), Ohene-...
Private Equity Association urges stronger domestic capital mobilisation to drive Ghana’s development
Ghana possesses significant pools of domestic capital capable of financing major infrastructure projects, supporting businesses, and accelerating economic growth, but structural barriers continue to prevent those funds from reaching productive sectors of the economy, Board Chair of the Ghana Venture Capital and Private...
BoG confident cedi stability will continue as dollar pressures ease
The Bank of Ghana (BoG) says it expects the recent stability of the cedi to continue, following improved conditions in the foreign exchange market. The Central Bank says the gains have been supported by measures including its Forex Intermediation and FX Intervention programmes, which have helped improve dollar supply a...
Banking sector rebounds as assets hit GH¢465bn – BoG Report
Ghana’s banking sector is regaining momentum, with total industry assets climbing to GH¢465.4 billion as of February 2026, according to the Bank of Ghana (BoG)’s March Monetary Policy Report. The figures point to a sector on firmer ground, reflecting stronger balance sheets and improved positioning within the domestic...
Live Updates: Finance minister presents mid-year budget review
Finance Minister Dr. Cassiel Ato Forson is expected to appear before Parliament today to present the 2026 Mid-Year Budget Review, a statutory update on government’s fiscal performance for the first half of the year and its economic direction for the months ahead. Expect details on revenue, expenditure, debt, inflation,...
Fuel prices go up significantly from May 16 despite extension of government intervention
Based on data picked up from the Chamber of Oil Marketing Companies, petrol is expected to increase by between 5.29% and 7.30%, which could result in a litre selling at GHC 15.42.
Banking sector robust to adverse macroeconomic developments – BoG
However, the Bank of Ghana, warned that a deterioration in macroeconomic conditions could negatively impact asset quality and increase operational costs, but these would be offset by gains from net interest income.
OMCs slash fuel prices as GOIL leads with petrol at GH¢12.79
Some Oil Marketing Companies (OMCs) have begun reducing fuel prices at the pumps in line with industry projections. Market leader GOIL has reduced petrol prices from GH¢13.87 to GH¢12.79 per litre. Diesel has also been reduced from GH¢15.95 to GH¢15.35 per litre. Another major player, Star Oil, has told JOYBUSINESS it...
We will not be misled by the ‘brofo’ -VALCO workers reject intimidation claims over proposed strategic investor deal
The Volta Aluminium Company Limited (VALCO) Local Union has accused the Minister for Lands and Natural Resources, Emmanuel Armah Kofi Buah, of attempting to intimidate workers for publicly opposing the government’s proposed strategic equity investor arrangement for the aluminium company. In a press statement issued on...
Ecobank Ghana launches Rising Leaders Programme to empower the next generation of young leaders
Ecobank Ghana has launched the Rising Leaders Programme, a new initiative aimed at identifying, nurturing and empowering young Ghanaians with innovative ideas and leadership potential to thrive in an increasingly competitive and digital world. The programme is designed to equip young people with the knowledge, practica...