Business
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Mid-year budget review: Prof. Quartey proposes 5 priority areas that must be addressed
Former Director of the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey, has urged the Finance Minister, Dr Cassiel Ato Forson, to use the 2026 Mid-Year Budget Review to announce measures that will strengthen domestic revenue mobilisation while accelerating investment in infrastru...
Duty rationalisation, manufacturing support top GUTA’s expectations ahead of Mid-Year Budget
The Ghana Union of Traders' Associations (GUTA) has urged the Finance Minister to use the 2026 Mid-Year Budget Review to announce measures to rationalise import duties and provide financial support for local manufacturing under the government's 24-hour economy initiative.
Daniel Acquaye leads Agri-Impact delegation to Ghana-UK Investment Summit in London
The Chief Executive Officer of Agri-Impact Limited and Chairman of the Board of the CSIR–Crop Research Institute, Dr. (h.c.) Daniel Fahene Acquaye, is leading an Agri-Impact delegation to the Ghana-UK Investment Summit scheduled for June 1–2, 2026, in London, United Kingdom. As part of the summit, Dr. Acquaye will part...
Government tightens grip on premix funds as accountability exercise tracks GH¢4.6 million
The Government has intensified efforts to strengthen accountability and financial oversight within the premix fuel distribution system, with Landing Beach Committees accounting for GH¢4,676,011.14 in the Community Development Fund during an ongoing nationwide Premix Fuel Accountability and Bookkeeping Exercise. The exe...
Digital payments can formalise Ghana’s informal economy, but fraud threatens uptake – Economist
Ghana’s digital finance drive is helping to bring informal-sector workers and unbanked citizens into the formal economy, but Economist and Professor of Finance at the University of Ghana Business School, Godfred Bokpin, warns that fraud could slow that progress.
Cedi weakens further against major currencies as demand for foreign exchange rises
The Ghana cedi has continued to depreciate against major trading currencies over the past two weeks, with rising demand for foreign exchange and growing corporate repatriation needs intensifying pressure on the local currency. The cedi, according to the latest market update, weakened in both the interbank and retail fo...
Oil prices fall and shares jump after US-Iran deal announced
Oil prices have fallen and shares risen after the US and Iran said they had agreed a framework deal to end the war, which US President Donald Trump said would see the reopening of the key Strait of Hormuz shipping route.
COCOBOD’s shift to local market financing is the right move – BoG
The Governor of the Bank of Ghana (BoG) Dr. Johnson Pandit Asiama has endorsed the Ghana Cocoa Board’s (COCOBOD) decision to replace its traditional syndicated loan with local market financing, describing the new approach as a positive reform that will strengthen the country’s cocoa financing framework. Speaking after...
BoG to engage industry actors in operationalising virtual asset law
Speaking during a UK-Ghana Chamber of Commerce and EY Ghana webinar on “The Evolving Regulatory Landscape for Virtual Assets in Ghana: Insights from the Bank of Ghana and Industry”, Mr. Alhassan remarked that “This is a whole new sector that has never been regulated in Ghana and we need to develop very comprehensive gu...
Ghana’s prolonged period of disinflation has come to an end – BoG
The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, says the country’s prolonged period of disinflation has come to an end, with the Monetary Policy Committee (MPC) now assessing whether the recent rise in inflation is temporary or signals a more persistent shift in the inflation outlook. Speaking at the openi...
Parliament approves reintroduction of electronic road tolls
Parliament has approved a concession agreement for the reintroduction of road and bridge tolling in Ghana through a nationwide electronic toll collection system. The agreement establishes the legal and commercial framework for the financing, design, construction, operation and maintenance of the electronic tolling syst...
Ghana’s cocoa production expected to fall 16% next season
Ghana’s cocoa production is expected to fall by at least 16% in the 2026 to 2027 season, market regulator COCOBOD has said. It cites weather effects, the crop’s natural fruit-bearing cycle and disease, adding detail to warnings farmers have raised. The regulator, responding to questions from Reuters, said the decline...