Executive Director of the Institute for Energy Policies and Research (INSTEPR), Kwadwo Poku, has accused the Bank of Ghana (BoG) of artificially maintaining the cedi’s exchange rate to create the …
Economy and Finance
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Economy and FinanceNews
GRA pilots online system to tax digital and e-commerce businesses
by Adnan Adamsby Adnan AdamsThe Ghana Revenue Authority (GRA) has announced that it is piloting an online and e-commerce revenue mobilisation system as part of efforts to expand the country’s tax net. According to …
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Economy and FinanceNews
Ghana’s fiscal gains reflect discipline, not miracles — Vice President
by Adnan Adamsby Adnan AdamsVice President Professor Naana Jane Opoku-Agyemang says Ghana’s economic recovery is not a miracle but the result of deliberate policy actions aimed at restoring stability and rebuilding confidence. She explained …
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Economy and FinanceNews
Anti-money laundering and terrorism financing: BoG rolls out tougher measures
by Adnan Adamsby Adnan AdamsThe Bank of Ghana (BoG) has rolled out new Anti-Money Laundering, Countering the Financing of Terrorism, and Proliferation Financing (AML/CFT/PF) Guidelines aimed at tightening oversight and ensuring stronger compliance across …
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Economy and FinanceNews
Banks profit jumps near 50% amidst all-time low private sector credit-to-GDP gap
by Adnan Adamsby Adnan AdamsAs commercial banks posted a profit-after-tax of about GH¢9.7 billion, a 46.1% jump compared to GH¢6.7 billion recorded during the same period in 2024, private sector credit-to-Gross Domestic Product (GDP) …
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Economy and FinanceNews
Ghana plans to link intra-African debit card with mobile money
by Adnan Adamsby Adnan AdamsEfforts are intensifying to mainstream the use in Ghana of Africa’s first potentially pan-continental debit payments card – the Pan African Payment and Settlement System (PAPSS) Card. The PAPSS Card …
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Economy and FinanceNews
ADB Holds Branch Managers Strategy Session for Service Excellence and Sustainable Growth
by Adnan Adamsby Adnan AdamsThe Agricultural Development Bank PLC (ADB) has held a two-day strategic session for its branch managers, aimed at driving service excellence and setting the tone for a stronger performance going …
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Economy and Finance
Deepen collaboration with stakeholders to maintain cedi stability – Veep to BoG
by Adnan Adamsby Adnan AdamsVice President Professor Naana Jane Opoku-Agyemang urged the Bank of Ghana to strengthen its collaboration with commercial banks and the business community to maintain stability and confidence in the Ghanaian …
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ADB Promotes Joseph Abakah Major Market Account Executive Role
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Agricultural Development Bank (ADB) has promoted Joseph Mensah Abakah the position of Major Market Account Executive for the Central Zone. In this new role, …
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Economy and FinanceNews
ADB Strong Turnaround Continues as it delivers GH¢447.49million Pre-tax Profit in Q3
by Adnan Adamsby Adnan AdamsAgricultural Development Bank PLC (ADB) has posted a strong financial performance for the third quarter of 2025, with profit before tax hitting GH¢447.49million, representing 153.66% growth compared to GH¢176.41million recorded …