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Cedi Stable, But Dollar Is Scarce: Importers Cry Foul Over Dollar Shortage At Banks
Business

Cedi Stable, But Dollar Is Scarce: Importers Cry Foul Over Dollar Shortage At Banks

A growing contradiction between official exchange rates and real-world market dynamics is wreaking havoc on Ghanaian businesses, particularly importers, who…

Jul 17, 2025 · Kelvin Yiadom

Fuel Prices Set to Rise by Up to 10% from July 16 — COMAC Warns of Further Hikes Despite GHC1 Levy
Business

Fuel Prices Set to Rise by Up to 10% from July 16 — COMAC Warns of Further Hikes Despite GHC1 Levy

Ghanaians should brace for another round of fuel price hikes starting July 16, with petrol and diesel expected to rise by up to 10%, even without the impact of…

Jul 15, 2025 · Kelvin Yiadom

Reserves Will Not Be Depleted Despite Heavy Forex Interventions – BoG Clarifies IMF Report
Business

Reserves Will Not Be Depleted Despite Heavy Forex Interventions – BoG Clarifies IMF Report

The Bank of Ghana (BoG) has affirmed that its active participation in the foreign exchange (forex) market during the first quarter of 2025 has not weakened its…

Jul 15, 2025 · Kelvin Yiadom

Bank of Ghana Injects $1.4 Billion in FX Market In First Quarter, IMF Warns of Risks
Business

Bank of Ghana Injects $1.4 Billion in FX Market In First Quarter, IMF Warns of Risks

The Bank of Ghana (BoG) sold a staggering $1.4 billion in foreign exchange during the first quarter of 2025, surpassing its entire 2023 intervention total and…

Jul 14, 2025 · Kelvin Yiadom

GNCCI Boss Warns: 24-Hour Economy Policy Doomed Without Business Environment Reforms
Business

GNCCI Boss Warns: 24-Hour Economy Policy Doomed Without Business Environment Reforms

The Chief Executive Officer of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu-Aboagye, has cautioned that the newly launched 24-hour…

Jul 8, 2025 · Kelvin Yiadom

Energy Sector Levies Increment Set to Take Effect on July 16 – GRA Confirms
Business

Energy Sector Levies Increment Set to Take Effect on July 16 – GRA Confirms

The Ghana Revenue Authority (GRA) has officially confirmed that the Energy Sector Levies (Amendment) Bill, 2025, will come into effect on Wednesday, July 16,…

Jul 2, 2025 · Kelvin Yiadom

U.S. Tariff War Reason Behind Cedi Appreciation — Economist
Business

U.S. Tariff War Reason Behind Cedi Appreciation — Economist

The Ghanaian cedi has posted recent gains against the US dollar, a trend attributed to the United States’ ongoing tariff war with several global economies,…

May 6, 2025 · Kelvin Yiadom

Ghana’s Current Account Surplus to Dip in 2025 Amid Major Cut in U.S. Aid — Fitch
Business

Ghana’s Current Account Surplus to Dip in 2025 Amid Major Cut in U.S. Aid — Fitch

Ghana’s economic buffer, its current account surplus, expected to shrink by 3 per cent in 2025, following a drastic cut in aid from the United States,…

May 6, 2025 · Kelvin Yiadom

Government to Borrow GH¢6.32 Billion from Treasury Market to Settle Maturing Debts
Business

Government to Borrow GH¢6.32 Billion from Treasury Market to Settle Maturing Debts

The Government of Ghana is set to raise GH¢6.32 billion from the domestic treasury market today, May 2, 2025, through the issuance of short-term instruments —…

May 2, 2025 · Kelvin Yiadom

Stanbic Bank Chief to Gov’t: Fix the Economy, But Don’t Forget the Private Sector
Business

Stanbic Bank Chief to Gov’t: Fix the Economy, But Don’t Forget the Private Sector

Ghana needs more than just bold promises to bounce back—it needs a careful dance between fiscal discipline and private sector support. That’s the message from…

Apr 9, 2025 · Kelvin Yiadom

Missed Treasury Bill Targets Expose Propaganda – IERPP Criticizes Finance Minister Amid Market Reactions
Business

Missed Treasury Bill Targets Expose Propaganda – IERPP Criticizes Finance Minister Amid Market Reactions

The Institute of Economic Research and Public Policy (IERPP), a policy think tank focused on social reform and economic governance, has raised serious concerns…

Apr 8, 2025 · Kelvin Yiadom

Government’s Treasury Bill Auction Falls Short for Third Consecutive Week Amid Investor Caution
Business

Government’s Treasury Bill Auction Falls Short for Third Consecutive Week Amid Investor Caution

For the third consecutive week, the Government of Ghana has failed to meet its Treasury bill (T-bill) auction target, signaling a potential shift in investor…

Apr 7, 2025 · Kelvin Yiadom

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