Finance
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Policy rate at 14%: Middle East crisis is the elephant in the room – BoG Governor
The Governor of the Bank of Ghana, Johnson Pandit Asiamah, has defended the decision by the Monetary Policy Committee (MPC) to maintain the policy rate at 14 percent, insisting that lingering geopolitical tensions in the Middle East continue to pose serious risks to Ghana’s inflation outlook and economic stability. Res...
NIA debunks claims Ghana Card can be used for financial transactions
The National Identification Authority (NIA) has dismissed reports claiming that the Ghana Card can now be used for financial transactions, describing them as inaccurate and misleading. In a statement signed by the Head of Corporate Affairs, Williams Ampomah Emmanuel Darlas, the Authority clarified that the Ghana Card h...
Isaac Boadi: Structural weaknesses, not macroeconomic indicators, behind cedi slide
Profesor Isaac Boadi, executive director of the Institute of Economic Research and Public Policy (IERPP), says the persistent depreciation of Ghana’s currency, the cedi, is driven by structural imbalances in foreign exchange supply and demand, even as several macroeconomic indicators show signs of recovery. The comment...
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...
Local experts unlock pension capital as Ci Gaba Fund raises GH¢380m to finance SMEs
A locally driven investment initiative aimed at unlocking pension capital for private sector growth has taken off in Accra, with the launch of a GH¢1 billion fund-of-funds designed to channel long-term financing into expanding small and medium-sized enterprises (SMEs).
Jospong chairman urges African-led partnership at Africa Forward Summit
The Executive Chairman of Jospong Group of Companies, Dr. Joseph Siaw Agyepong, has delivered a forceful call for partnership rooted in shared interest and mutual respect, declaring that “Africa does not need sympathy. Africa needs partnership built on shared interest, mutual respect and a common vision,” he stated. At...
Gabby Otchere-Darko writes: Ubuntu, Afrophobia and Africa’s unfinished struggle for unity
This month the news about Africa continues to centre around the disturbing images from South Africa circulating worldwide on social media. Not even the Africa Forward Summit in Nairobi could shift that. African migrants attacked, their shops looted, people chased, assaulted and blamed simply for being from another Afri...
NDC, NPP urged to back campaign finance reforms
The Executive Director of the African Centre for Parliamentary Affairs (ACEPA), Dr Rasheed Draman, has urged the National Democratic Congress (NDC) and the New Patriotic Party (NPP) to support reforms to promote transparency, fairness and equal opportunities in political competition.
Mid-year budget review was splendid, Mahama and Ato Forson have delivered – Deputy Finance Minister
Deputy Finance Minister Thomas Nyarko Ampem has described the 2026 Mid-Year Budget Review presented by Finance Minister Dr Cassiel Ato Forson as “splendid,” saying the government’s economic management has yielded results that Ghanaians can appreciate. Speaking on Asempa FM’s Ekosii Sen show after the presentation of th...
Pamela Graham in line to replace Johnson Akuamoah Asiedu as Auditor-General
President John Dramani Mahama has nominated public finance expert Pamela Graham as Auditor-General, a move seen as part of efforts to strengthen financial oversight and restore confidence in state institutions. The nomination, announced by the Presidency, is subject to consultation with the Council of State in line wit...
Labour backs proposed IPEC but demands full involvement in pay reforms
Organised labour has expressed support for the proposed Independent Public Emoluments Commission (IPEC), while calling for its continuous involvement in the process of establishing the new public sector compensation body.
Cedi depreciates 8.4% against dollar as inflation falls to 3.4% – Bank of Ghana data
The Ghana cedi recorded a year-to-date depreciation of 8.4 per cent against the United States dollar by mid-May 2026, even as macroeconomic stability continued to take hold and inflationary pressures eased to their lowest levels in years, according to the latest Summary of Economic and Financial Data released by the Ba...