Economy
Stories in this category
AI gone wrong with businesses hit with inflated customs charges – Minority blasts gov’t
Minority Leader Alexander Afenyo-Markin has raised concerns over what he describes as unjustified customs charges driven by artificial intelligence systems at Ghana’s ports, warning that businesses are being unfairly burdened.
ISODEC rejects Ghana’s IMF PCI request, pushes for alternative economic strategy
The Integrated Social Development Centre (ISODEC) has strongly opposed Ghana’s decision to seek an International Monetary Fund (IMF) Policy Coordination Instrument (PCI). It describes it as a continuation of structural adjustment policies that could deepen dependence on external economic prescriptions and weaken the co...
BoG Governor honoured for stabilising cedi, improve inflation
The trade association commended the Governor’s leadership over the past months, citing his role in bringing inflation under control and stabilising the cedi.
Cedi slides as demand for forex increases; one dollar equals GH¢11.70
On the interbank market, the local currency weakened by 1.55% against the dollar, 1.66% against the pound, and 0.90% to the the euro, closing at mid-rates of GH¢10.94 against US dollar, GH¢14.62 to the the pound and GH¢12.61 to the euro.
GRA urges businesses to comply with tax laws to boost revenue mobilisation
The Ghana Revenue Authority (GRA) is urging businesses and individual taxpayers to comply fully with tax laws, warning that failure to register, file returns and account for taxes collected could attract penalties and other legal sanctions. Speaking on Time with Ghana Revenue Authority – GRA Connects on the Super Morni...
Inside the BoG’s new approach: Why the Governor publishes how each MPC member votes
Thirteen months into his tenure, Bank of Ghana (BoG) Governor Dr Johnson Asiama is reshaping how monetary policy is conducted — and communicated — in Ghana. Speaking at the Ghana Exim Fireside Chat on 25 March 2026, Dr Asiama explained why he decided to publish how each member of the Monetary Policy Committee (MPC) vot...
BoG has not abandoned eCedi project – BoG Governor assures
The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, says the central bank has not abandoned the eCedi project, stressing that authorities are still exploring ways to deploy the digital currency to support cross-border payments and improve trade across the region. Speaking after the Monetary Policy Committee me...
Economic activity strengthens in quarter one 2026, but business, consumer sentiments soften – BoG
Similarly, Ghana’s Purchasing Managers’ Index declined to 50.3 in April 2026 from 51.4 in March 2026.
We are not intervening in the market but building reserves – BoG Governor on cedi pressures
Governor of the Bank of Ghana, Dr. Johnson Asiama, says the central bank is not artificially intervening in the foreign exchange market despite recent pressures on the cedi, insisting that the Bank’s focus remains on building strong external reserves to support long-term stability. Speaking after the Monetary Policy Co...
Nutrifoods commissions $1m wastewater treatment plant to boost sustainable manufacturing
Nutrifoods Ghana Limited has commissioned an upgraded wastewater treatment plant at its Tasty Tom factory in Tema, reinforcing its commitment to environmental sustainability and responsible industrial practices.
Ghana’s tax architecture more data and enforcement driven than any point in modern history – Tax report
A Tax Outlook report by legal firm, Bentsi-Enchill Letsa and Ankomah has described Ghana’s current tax administration as moving towards data driven, more enforcement friendly and ambitious ever in the country’s fiscal history. According to the outlook which is prepared for investors targeting Ghana for their business e...
Visiting IMF team expected to complete final programme review on May 15
A visiting team from the International Monetary Fund (IMF) is expected to conclude the final review of Ghana’s Extended Credit Facility programme on Friday, May 15.