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BoG converts all Rural Banks into Community Banks in major sector reform
The Bank of Ghana (BoG) has announced the conversion of all Rural Banks nationwide into Community Banks as part of sweeping reforms to strengthen the microfinance sector and expand access to financial services. The central bank said the conversion takes immediate effect under the Guideline on the Revised Microfinance S...
Mahama reaffirms commitment to business-friendly environment, private sector growth
President John Dramani Mahama has reiterated his administration’s commitment to creating a business-friendly environment, positioning the private sector as the engine of Ghana’s economic transformation. This came during a courtesy call by members of the Ghana CEO Network at the Presidency, where the President outlined...
IMF outlines 10 reforms Ghana must pursue after $3bn bailout programme
The International Monetary Fund (IMF) has outlined 10 key reforms it wants Ghana to prioritise as the country transitions from its $3 billion bailout programme to a new policy support arrangement aimed at sustaining economic recovery. The IMF Executive Board last week approved the sixth and final review of Ghana’s Exte...
Ghana’s reset agenda anchored on financial health — Finance Minister
Finance Minister, Dr. Cassiel Ato Forson, has underscored the centrality of “financial health” in the country’s economic transformation following a high-level engagement with Queen Máxima of the Netherlands, the United Nations Secretary-General’s Special Advocate for Financial Health. Describing the meeting as a distin...
BoG Governor engages X content creators on service export proceeds
The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, today met with Ghanaian X content creators at Bank Square. The engagement follows the Bank’s statement on 20 April 2026 addressing concerns raised by creators regarding access to digital platform payouts. Dr Asiama assured the creators that the Bank places a...
Mid-Year Budget Review: Energy sector remains a significant fiscal risk to economy – Deloitte
Despite the progress made by the government in restoring macroeconomic stability, the energy sector remains one of the most significant fiscal risks facing the country, Deloitte has disclosed in its assessment of the Mid-Year Budget Review. According to the professional services firm, though the Mid-Year Review identif...
Ghana’s budget transparency score plunges to 22% in 2025 Global Survey
Ghana’s performance in budget transparency has recorded a significant decline, according to the 2025 Open Budget Survey released by the International Budget Partnership (IBP). The report shows that Ghana’s budget transparency score dropped from 46 percent in 2023 to 22 percent in 2025, placing the country well below th...
Misrepresentation of GN Bank’s financial position led to collapse – Dr Kweku Nduom
President of Groupe Ndoum, Dr Kweku Ndoum, has alleged that deliberate falsehoods about the financial health of GN Bank contributed significantly to the institution's eventual collapse in 2019.
GSE indices maintain positive momentum in May 2026, but 12 stocks record losses
The price losers for the month were Ecobank Transnational Inc. (-36.24), CalBank PLC (-18.89%), Ghana Commercial Bank PLC (-15.16%), SIC Insurance Company PLC (-11.50%), Access Bank Ghana PLC (-9.80%), Enterprise Group PLC (-8.88%), Republic Bank (Ghana) PLC (-6.64%), Scancom PLC (-4.41%) TotalEnergies Marketing Ghana...
Gov’t is set to issue a 7-year cedi bond on March 30, first since 2022
The government is set to issue a 7-year cedi-denominated bond on March 30, 2026.
Kpandai Assembly supports schools with maize ahead of lean season
The Kpandai District Assembly has distributed 200 bags of maize to selected schools in the district to support their feeding programmes and ensure students have access to food during the lean season. The beneficiary institutions are Kpandai Senior High School, Nkanchina Nursing Training College, Let Us Shine Academy, a...
Gov’t decision on cocoa prices shows financial discipline — Kofi Adams
Gov’t decision on cocoa prices shows financial discipline — Kofi Adams The Member of Parliament for Buem Constituency and Minister of Sports and Recreation, Kofi Adams Iddi, has reaffirmed that the government’s decision to reduce cocoa prices was driven by financial discipline and the pursuit of long-term economic stab...