The Government of Ghana slightly missed target in the latest treasury bill auction, securing GH¢5.2 billion against a target of GH¢5.38 billion representing an undersubscription of approximately 3.15 percent.
In a significant move toward enhancing Ghana’s energy independence and economic resilience, Finance Minister Dr. Cassiel Ato Forson joined Energy and Green Transition Minister John Abdulai Jinapor on Monday, May 12, to inaugurate the Implementation Committee for Ghana’s Second Gas Processing Plant (GPP II).
The Bank of Ghana (BoG) has filed a motion at the High Court in Accra asking the court to strike out a suit filed by a Ghanaian retiree who has dragged the bank and its immediate past Governor, Dr Ernest Addison, to court, citing gross negligence in the management of the Ghana Cedi.
The Ghana Union of Traders’ Associations (GUTA) has called on traders to reduce the prices of goods and services following the recent appreciation of the Ghanaian cedi against the US dollar and other major currencies.
S&P Global Ratings has upgraded Ghana’s foreign currency issuer credit rating to ’CCC+’ from ’SD’ (selective default), based on the nearing completion of the country’s debt restructuring negotiations with its commercial creditors.
The US has agreed to reduce import taxes on a set number of British cars and allow some steel and aluminium into the country tariff-free, as part of a new agreement between the US and UK.
The Food and Beverage Association of Ghana (FABAG) has announced that prices of key commodities within the sector are beginning to fall, with further reductions expected in the coming weeks.
Deputy Minister for Finance, Thomas Ampem Nyarko, has given the strongest indication yet that government will prioritise the completion of the University of Engineering and Agricultural Science at Bunso in the Eastern Region.
Traveling to the United States will soon be even more convenient for Ghanaians wanting to visit the U.S. Delta Air Lines is launching new seasonal daily nonstop flights from Atlanta to Accra, starting December 1, 2025.
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has assured stakeholders that the recent appreciation of the Ghanaian cedi is not a fleeting development but the result of deliberate and strategic economic management.
President John Mahama has revealed that Finance Minister Dr Cassiel Ato Forson has commissioned a formal inquiry into the collapse of several indigenous banks and financial institutions in Ghana during the previous administration.
The Ghana Union of Traders’ Associations (GUTA) has commended the Bank of Ghana (BoG) for the recent appreciation of the cedi, noting that the local currency’s improved performance has provided much-needed relief to businesses.
Ghana’s inflation slowed for a fourth month in a row in April, to 21.2% year on year from 22.4% in March, the Ghana Statistical Service (GSS) has announced.
Deputy Minister for Finance, Thomas Ampem Nyarko, has reaffirmed government’s commitment to ensuring the timely release of funds for essential health services to safeguard the well-being of Ghanaians and promote national productivity.
