The Bank of Ghana has authorised 12 foreign exchange brokers and three cross-border payment providers to operate in the Ghana Interbank FX market in 2026.
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi has dismissed allegations that his institution recorded losses under the Gold-for-Reserves programme, revealing instead a substantial financial surplus for 2025.
China's BYD has overtaken Elon Musk's Tesla as the world's biggest seller of electric vehicles (EVs), marking the first time it has outpaced its American rival in annual sales.
Ghana is working to reduce its reliance on external financial assistance, with the government focused on restoring economic stability and public confidence after years of slow growth, high inflation, and rising debt.
The Minister of Finance, Dr. Cassiel Ato Baah Forson, has announced that the Government of Ghana has successfully settled a US$709 million Eurobond obligation ahead of its due date.
The Public Utility Workers’ Union of the Trades Union Congress (PUWU-TUC), Ghana, has strongly opposed what it describes as a rushed government move toward private sector participation (PSP) in the Electricity Company of Ghana (ECG).
The government of Ghana and the African Export-Import Bank (Afreximbank) have reached a mutual agreement to resolve issues linked to a US$750 million financing facility signed in 2022, paving the way for continued cooperation on Ghana’s development priorities.
The Minister for Finance, on May 2, 2025, issued a directive requiring all Covered Entities to submit their Quarterly Commitment Control Reports (CCR) to the Internal Audit Agency (IAA).
President John Dramani Mahama, has directed the Ministry of Finance to release GH¢1 billion to pay contractors who have been owed by the state since 2017, with the payment expected to be made before Christmas.
The President announced the directive on Sunday, December 21, 2025, during a sod-cutting ceremony for the Sunyani–Atronie–Acherensua Road Project in the Bono Region, under the government’s Big Push programme.
According to President Mahama, the payment will cover outstanding certified works carried out by contractors over the years. He said ongoing audits will guide the process to ensure that only verified claims are paid.
“I have directed the Finance Minister, Dr. Ato Forson, to release GH¢1 billion to settle debts owed to contractors since 2017 before Christmas,” the President said. “All the contractors will be paid, and the families of deceased contractors should also come forward to receive the money.”
He urged contractors to submit their documents quickly to avoid delays in payment. “I want to encourage contractors to hurry up with their certificates to receive your money. Your money will only be delayed if you are lazy,” he added.
President Mahama also stated that funds have been set aside under the Big Push programme to revive and complete stalled infrastructure projects across the country.
The Dormaahene, Osagyefo Oseadeeyo Dr. Agyemang Badu II, speaking at the event, cautioned contractors against shoddy work, calling on the government to enforce strict supervision to ensure quality work output.
President Mahama characterized the Sunyani–Atronie–Acherensua Road Project as a key development for the Bono Region and reaffirmed his government’s commitment to clearing long-standing contractor arrears and restarting abandoned projects nationwide.
The Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has paid a working visit to the Ekumfi Juice Factory as part of the government’s efforts to strengthen agro-processing and accelerate industrial growth under the 24-Hour Economy policy.
Parliament has approved the government’s plan to spend GH₵357 billion in the 2026 fiscal year following the passage of the Appropriation Number Two Bill, 2025.
Vice President Professor Jane Naana Opoku-Agyemang has reaffirmed the government’s commitment to strengthening Ghana’s trade, agribusiness and industrial base, assuring the Ministry of Trade, Agribusiness and Industry of full support to deliver on its national development mandate.