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Inflation to return to medium-term target of 8 ± 2% – BoG
The Bank of Ghana has stated that headline inflation is expected to return to the medium-term target of 8 ± 2% barring any shocks. According to the Bank of Ghana, upside risks from geopolitical tensions in the Middle East, however, remain significant. This highlights the importance of maintaining an appropriate monetar...
Banks write-off GH¢883.7 million as bad debt in 4-months of 2026
Banks operating in Ghana wrote-off GH¢883.7 million as bad debt in the first four months of 2026, according to the Domestic Money Banks Income Statement. This was 35.1% increase over the corresponding period of GH¢654.2 million in April 2025. According to the Bank of Ghana, the total provision consisted of loan losses,...
Chamber of Auto Data raises alarm over rising chassis number cloning
The Chamber of Auto Data Ghana has called for urgent institutional collaboration to address the growing problem of chassis number cloning within Ghana’s vehicle registration system, warning that the practice is becoming increasingly sophisticated and is harming legitimate vehicle importers. The concerns were raised dur...
Finance Ministry credits GH¢350 million to flood relief and mitigation accounts
The Ministry of Finance has credited the designated National Disaster Management Committee accounts with GH¢350 million from the Contingency Fund to finance emergency flood relief and mitigation measures following severe flooding that has affected parts of the country. The transfer follows President John Dramani Mahama...
OMC’s commence fuel price increase; Star Oil sells petrol at GH¢13.67, GOIL GH¢13.88
Based on the National Petroleum Authority price quotes, no oil marketing company should sell a litre of petrol below GH¢13.38 and diesel at GH¢14.35.
GVCA pension industry roundtable promotes diversification, investment risk management
Pension funds are increasingly being encouraged to diversify their investment portfolios beyond traditional government securities into private equity and venture capital as stakeholders seek to unlock long-term financing for Ghana's small and medium-sized enterprises (SMEs).
Women’s Development Bank: Bold steps, real progress
The establishment of the Women’s Development Bank represents a significant milestone in Ghana’s journey towards building an inclusive, resilient, and sustainable financial ecosystem. The bold decision by the government to incorporate the Women’s Development Bank and commence the process of securing the necessary regula...
Global economic growth remain steady if oil price shock is not prolonged – Fitch
“We expect US consumption to slow in 2026 as labour market weakness weighs on household income, but the US fiscal deficit is widening again. We forecast US 2026 GDP [Gross Domestic Product] growth at 2.2%, revised up from 2% in our January forecast update, and unchanged from last year”, Fitch said.
Business without integrity is danger, leadership without humility is arrogance – Asantehene
The Asantehene, Otumfuo Osei Tutu II, has urged Ghanaian business leaders to place integrity, honesty and humility at the centre of corporate leadership, warning that sustainable businesses cannot thrive without trust.
GN Savings ruling poses fiscal and financial-stability risks – Amin Adam
Former Finance Minister, Mohammed Amin Adam, has warned that the Court of Appeal ruling ordering the restoration of GN Savings and Loans’ licence could expose Ghana to significant fiscal and financial-stability risks if not handled cautiously.
Reported fraud cases rose by 48% in 2025 – BoG
The Bank of Ghana (BoG) has disclosed that reported fraud cases in Ghana’s digital financial services sector increased by 48 per cent in 2025, highlighting the growing risks associated with the rapid expansion of digital finance. Speaking on behalf of the Governor of the Bank of Ghana at the maiden Ecobank–JoyNews Busi...
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.