The Chamber of Oil Marketing Companies (COMAC) is asking the government to take steps to curb the cedi’s depreciation to help stabilize fuel prices at the pumps. The call comes …
Economy and Finance
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Economy and Finance
Govt to leverage PPPs to close $37bn annual infrastructure gap – Dep. Finance Minister
by Adnan Adamsby Adnan AdamsThe government says it is intensifying efforts to unlock the potential of Public-Private Partnerships (PPPs) to close Ghana’s widening infrastructure deficit, estimated at $37 billion annually over the next three …
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As part of measures to control foreign currency exchange market, commercial banks have started enforcing a new directive from the Bank of Ghana on foreign currency withdrawals. The directive is …
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Economy and Finance
ADB MD pushes for Non-interest banking and finance
by Adnan Adamsby Adnan AdamsThe Managing Director of the Agricultural Development Bank (ADB) PLC, Edward Ato Sarpong, has expressed support for the Bank of Ghana’s (BOG) non-interest banking and finance initiative, describing it as …
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Economy and FinanceReligion
GCB Bank PLC launches Hajj Account to assist Ghanaian pilgrims
by Adnan Adamsby Adnan AdamsGCB Bank PLC has launched a Hajj Account to help Muslims in Ghana save and plan towards performing the annual pilgrimage to Mecca. The product was introduced at a ceremony …
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Economy and Finance
BoG’s remittance oversight a stability measure, not panic response — Atuahene
by Adnan Adamsby Adnan AdamsBanking consultant Dr. Richmond Atuahene has dismissed claims that the Bank of Ghana is acting out of panic following its recent clampdown on the foreign-exchange and remittance markets. His remarks …
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Economy and Finance
Increasing fraud within financial institutions: Deloitte Audit Partner charges Board, management to strengthen control measures
by Adnan Adamsby Adnan AdamsThe Financial Services Industry leader at Deloitte Ghana, Charlotte Forson-Abbey, has stated that it is not the responsibility of auditors to identify fraud in banks or institutions. According to her, …
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Economy and FinanceMining & Energy
Gold reserves increased by 4.7% to 36.02 tonnes in August 2025 – BoG
by Adnan Adamsby Adnan AdamsThe Bank of Ghana’s gold reserves increased by 4.70% in July 2025 to 36.02 tonnes in August 2025. According to data from the Central Bank, the gold reserves have risen …
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Economy and Finance
New tax regime will ease burden on creatives – GRA
by Adnan Adamsby Adnan AdamsVictor Yao Akogo, Chief Revenue Officer at the Ghana Revenue Authority (GRA), has announced a new tax regime that will bring some relief to players in the cultural and creative …
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Economy and Finance
The Dilemma of MiDA: Can the CEO beat the buried hope?
by Adnan Adamsby Adnan AdamsAlex Mould is the Acting CEO of Ghana’s Millennium Development Authority (MiDA), a creation of the Millennium Challenge Corporation by the U.S. Congress in January 2004 with strong bipartisan support. …