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Middle East tensions: policy rate cut to 14% not a risk – Dr. Asiama
The Governor of the Bank of Ghana, Dr Johnson Asiama has played-down concerns that the central bank’s recent decision to reduce its policy rate by 150 basis points to 14 percent could undermine the country’s economic stability even as geopolitical tensions in the Middle East continue to reverberate through global marke...
MPC cuts policy rate to 14% to further keep inflationary pressures in check
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has cut the policy rate by 150 basis points to 14 percent, the second consecutive time this year. In January, the committee reduced the policy rate from 18 percent to 15.5 percent. Speaking at a press conference on March 18, 2026, the Governor of […]
Write For World trains 62 youth in beekeeping and mushroom cultivation in Afadzato South
A total of 62 young people drawn from six communities in the Afadzato South District have received training in beekeeping and mushroom cultivation as part of efforts to promote sustainable livelihoods and economic empowerment. The initiative was spearheaded by Write For World in collaboration with Plan International Gh...
Government issues bond to kick-start BoG recapitalisation – Governor
The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has disclosed that government has begun steps to recapitalise the central bank, with a bond already issued to support the process. According to him, the government remains the majority shareholder of the central bank and is legally mandated to restore its cap...
Third edition of MTN Ghana’s “SME Accelerate” launched
MTN Ghana has launched the 2026 edition of its SME Accelerate programme to support the growth and digital development of small and medium-sized enterprises (SMEs) in Ghana. The year-long programme was launched at MTN House on Friday, March 13, 2026. The event brought together policymakers, industry representatives, and...
Bank of Ghana must explain sale of over 50% of gold reserves – Amin Adam
Ranking Member on Parliament’s Finance Committee, Dr Mohammed Amin Adam, has called on the Bank of Ghana to provide a full and transparent explanation for the sale of more than half of the country’s gold reserves in 2025. According to the former Finance Minister, the move raises serious questions about policy direction...
Enterprise Group unveils “Enterprise Spotlight” youth entrepreneurship challenge
In a bold move to bridge the gap between entrepreneurial ambition and institutional support, Enterprise Group PLC has officially launched Enterprise Spotlight, a high-stakes competition aimed at propelling Ghana’s brightest young business minds into the national spotlight. Launched on March 16, 2026, at Advantage Place...
Low T-bill rates: Ghana’s true test for banks
In a defining shift in the economy of Ghana, the sharp decline in Treasury Bill (TB) rates under the policy direction of the Bank of Ghana is doing more than stabilising inflation. It is resetting the entire financial system. For years, banks operated in a high-yield environment where government securities offered retu...
Burkina Faso bans fresh tomato exports to protect local processing industry
Burkina Faso has suspended all fresh tomato exports across its territory with immediate effect, as the military-led government moves to protect domestic processing units from supply shortages. The ban, announced in a joint communiqué dated March 16, 2026, was signed by the Minister of Industry, Commerce and Artisanat,...
African insurance leaders meet to chart path for industry growth and resilience
Insurance industry leaders from across Africa convened in Accra for the 4th Africa Network of Insurers Associations (ANIA) Annual General Meeting and Conference, where they discussed strategies for strengthening the continent’s insurance sector and expanding market penetration.
Pangea Africa, Black Star Africa acquire majority stake in Eden Tree
Pangea Africa Limited and Black Star Africa Limited have jointly acquired a majority stake in Ghanaian fresh food producer Eden Tree Limited, paving the way for changes in the company’s leadership and plans to expand its operations across West Africa.
Let’s reconsider 15-month reserves target; rather spend on electricity infrastructure, roads – US-based economist
According to US-based Assistant Professor of Economics at Niagara University, Dennis Nsafoah, a reserve objective closer to the International Monetary Fund’s estimated adequacy level of six months, perhaps with an additional prudential margin, would still provide Ghana with substantial protection against external shock...