The Bank of Ghana (BoG) has posted an operating loss of GH¢9.49 billion for the 2024 financial year, a significant but narrowed deficit compared to the GH¢13.23 billion loss restated for 2023.
Ghana’s inflation slowed for a fifth month in a row in May, to 18.4% year on year from 21.2% in April, the Ghana Statistical Service (GSS) has announced.
Ghana has taken a major step towards reinforcing its position as a leading oil and gas producer in West Africa, following the signing of a Memorandum of Understanding (MoU) between the government and key energy partners to extend the production licences for the Jubilee and TEN oil fields to 2040.
Elon Musk has hit out at President Donald Trump's signature tax and spending bill, describing it as a "disgusting abomination", in a widening rift between the two allies.
President John Mahama has projected that the Ghana cedi will stabilise within a band of GH¢10 to GH¢12 against the US dollar, describing it as a fair value to support both exporters and importers while maintaining macroeconomic stability.
The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated a new Board of Trustees for the Social Security and National Insurance Trust (SSNIT), with a strong call for prudence, integrity, and transparency in the management of Ghana’s pension funds.
Finance Minister Dr. Cassiel Ato Forson has assured the newly inaugurated Board of Trustees of the Social Security and National Insurance Trust (SSNIT) that the government has cleared all arrears owed to the Fund.
Finance Minister Dr. Cassiel Ato Forson has disclosed that Ghana earned over $1.1 billion in foreign exchange during the first full month of operations under the Goldbod gold purchase programme.
Ghana and Japan have signed a grant agreement valued at ¥402 million under the Japanese Grant Aid for the Human Resource Development Scholarship (JDS) Programme.
Speaker of Parliament Alban Bagbin says that through Parliament’s Public Accounts Committee’s due diligence over public sector institutions, it saved Ghana over GH¢273 million at the end of 2024.
The Majority Leader, Mr Mahama Ayariga, has disclosed that the Minister for Finance, Dr Cassiel Ato Forson, has been scheduled to brief the House on the payment of some statutory funds and other important matters.
Eni Ghana, in collaboration with Vitol Upstream Ghana Ltd and the Ghana National Petroleum Corporation (GNPC), has commenced drilling activities on the Sankofa East 1X Side Track 2 well in the Offshore Cape Three Points (OCTP) block, marking a new chapter in the growth of Ghana’s upstream oil and gas sector.
