Business

Ghana is accelerating local cocoa processing to reach 50 percent, aiming to surpass Côte d’Ivoire’s benchmark within five years

KEY POINTS An Accra High Court has granted bail to Professor Christopher Ameyaw-Akumfi, former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF), in a high-profile case involving alleged misuse…

KEY POINTS The Bank of Ghana (BoG) has opted to maintain its benchmark interest rate at 28% for the third consecutive time, signaling a cautious approach to balancing inflation control…

KEY POINTS The Ghanaian cedi has shown a notable appreciation against the United States dollar, gaining more than 11 percent in value during the first half of May 2025, according…

Dr. Amin Adam warns Ghana that retaliatory tariffs on US imports could hurt the economy and reduce consumer income

KEY POINTS Ghana’s Minister for Foreign Affairs and Regional Integration, Samuel Okudzeto Ablakwa, has announced that Germany is advancing plans for a labor mobility agreement with Ghana, which could open…

KEY POINTS The Bank of Ghana (BoG) has reaffirmed its policy permitting cash withdrawals in foreign currencies from Foreign Exchange Accounts (FEA) and Foreign Currency Accounts (FCA), a move analysts…

KEY POINTS Ghana’s inflation rate declined to 21.2% in April 2025, marking the fifth straight monthly drop amid signs of moderating price pressures. Food and non-food inflation rates also fell,…

President Mahama donates gifted vehicles to reinforce his commitment to transparency and ethical governance under the new code of conduct

KEY POINTS President John Dramani Mahama has appointed seasoned banker Matilda Asante-Asiedu as the Second Deputy Governor of the Bank of Ghana (BoG), effective immediately. The announcement, made on Tuesday…