Economy
Stories in this category
Gov’t has recapitalised banks, restored confidence in financial sector – Ato Forson
Finance Minister Dr Cassiel Ato Forson says government has taken decisive steps to restore confidence and stability in Ghana’s financial sector through the recapitalisation of key banks and measures to strengthen financial institutions.
Longer life expectancy alone is not enough to raise retirement age – SSNIT boss
Director-General of the Social Security and National Insurance Trust (SSNIT), Kwasi Afreh Biney, has cautioned against any hasty move to increase Ghana’s retirement age.
Deputy COCOBOD CEO for Finance, Ato Boateng, outlines new financing framework at Ghana-UK Investment Summit
The Ghana Cocoa Board (COCOBOD) is at an advanced stage of implementing a new locally financed funding regime that will enable the institution to raise working capital from domestic investors through a commercial paper programme.
BoG calls for industry-wide system to fight fraud across banks, fintechs and mobile money platforms
The Head of Fintech and Innovation at the Bank of Ghana, Elhanan Owureku Asare, is calling for a coordinated industry-wide system to combat fraud across banks, mobile money operators, fintech companies and non-bank financial institutions.
Ghana’s 2026 artisanal gold output likely to surpass record 2025 level, Gold Board says
Gold Board bought up to 54 metric tons of gold from artisanal and small-scale mining (ASM) in the first half of 2026, and the sector's output is on track to match or surpass last year's record, the state entity's CEO said on Tuesday.
Banks, fintechs trade claims over regulatory burden as fraud risks grow
Banks and fintech companies are raising competing concerns over regulation in Ghana’s digital financial sector, with each side suggesting the other operates under a lighter supervisory regime.
Finance Minister welcomes IMF team for 6th review, cites economic gains and job concerns
Finance Minister Cassiel Ato Forson has described Ghana’s programme with the International Monetary Fund (IMF) as a “success,” citing economic stabilisation and restored credibility as key achievements ahead of a crucial review of the arrangement.
We don’t see inflation increasing above 5% by December 2026 – Ato Forson
According to him, the government has implemented measures to stabilise the economy, and so far, the country has managed those shocks well.
COCOBOD to issue commercial papers to raise $1bn for cocoa purchases next season – Dr. Ato Forson
According to the Finance Minister, the transaction advisor for the deal has completed its work and submitted its report, paving the way for the issuance of the commercial papers in the coming weeks.
Slump continues as cedi becomes worst-performing currency in sub-Saharan Africa in 2026
Ghana's cedi, which has suffered a steady decline in recent weeks, has now become the worst-performing currency in sub-Saharan Africa and one of the worst performers on the continent. According to multiple analyses, including publications by Reuters using data from the London Stock Exchange Group (LSEG), the cedi has s...
AGRA Food Security Monitor shows a mixed picture for Ghana’s food markets
The latest AGRA Food Security Monitor shows a mixed picture for Ghana's food markets, with maize prices falling sharply as rice and sorghum continue to rank among the highest-priced staples in the region.
BoG questions whether punishment for digital fraud offers enough deterrence
The Head of Fintech and Innovation at the Bank of Ghana, Elhanan Owureku Asare, says it is difficult to conclude that existing punishment for digital financial fraud is enough to deter offenders.