The Bank of Ghana (BoG) has issued a warning to the public that any unauthorized foreign exchange transactions—including black market activities, pricing, quoting, advertising, issuing receipts, and making or receiving payments in foreign currencies like the US dollar—are explicitly forbidden under the Foreign Exchange Act, 2006 (Act 723).
The Bank of Ghana (BoG) has announced amendments to the rules governing the import and export of foreign currency, effective September 1, 2025, as part of its anti-money laundering measures.
The Ghana Gold Board (GoldBod) has announced a special temporary bonus of GH¢832 per pound of gold for all licensed miners across the country, effective Wednesday, August 27, 2025.
The National Petroleum Authority (NPA) on Monday, August 25, convened a stakeholder forum in Accra to deliberate on the draft NPA Bill, as part of efforts to finalise the proposed legislation.
The Public Accounts Committee (PAC) has referred the Ministry of Finance to the Attorney General for prosecution over procurement breaches totalling GH₵1.3 million, as revealed in the 2024 Auditor General’s Report.
The Government of Ghana has pledged to intensify reforms in the gold sector as it prepares for a crucial international evaluation of its anti-money laundering efforts.
President John Dramani Mahama has reaffirmed Africa’s readiness for business by highlighting the importance of a rules-based trading system and pledging support for the African Continental Free Trade Area (AfCFTA).
PKA Export and Import, a Ghanaian company, has signed a memorandum of understanding with Chinese firms Polyrocks and Sinovcle to establish an electric vehicle assembly plant in Ghana.
Dr Abdul-Rashid Hassan Pelpuo, Minister of Labour, Jobs and Employment, says government remains committed to implementing policies to boost labour and multi-factor productivity.
Billionaire Elon Musk and his social media firm X have reached a tentative settlement with former employees who had sued for $500m (£373m) in severance pay.
An analysis of the Annualized Percentage Rates (APRs) for June 2025 has revealed a significant disparity in loan costs, with households often receiving more favourable rates than Small and Medium Enterprises (SMEs).
President John Mahama has announced a significant overhaul of Ghana’s investment rules, aimed at making the country more accessible to foreign investors.
