The Bank of Ghana’s withdrawal of GH¢8.48 billion from the financial system through its 14-day bill auction of Wednesday, August 5, representing a 48.83 percent reduction from the GH¢16.57 withdrawn …
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Banking & FinanceEconomySMEsTop Story
July inflation eases to 4.6%, extending decline in price pressures
Ghana’s inflation rate declined to 4.6 percent in July 2026, its lowest level in recent months and a sharp drop from 12.1 percent recorded a year earlier, signalling a broad-based …
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Banking & FinanceEconomyExtractivesInvestmentsTop Story
IMF calls for permanent end to BoG quasi-fiscal operations after GH¢22bn DGPP losses
The International Monetary Fund (IMF) has called on the Bank of Ghana (BoG) to permanently discontinue quasi-fiscal activities after the Domestic Gold Purchase Programme (DGPP) recorded losses of GH¢22 billion …
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Many banks in Ghana now find themselves in a race of time to avoid new regulatory sanctions by reducing their non-performing loans ratios (NPLs) to below 10 percent of their …
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The recent surge in global cocoa prices is expected to provide some relief for Ghanaian cocoa farmers, but many producers may still record lower overall incomes as declining harvests offset …
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Global cocoa prices rallied sharply after Ghana announced a significant reduction in its production outlook for the 2026/27 crop season, renewing concerns about tightening global supplies from the world’s second-largest …
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Banking & FinanceEconomyNationalNewsTop Story
BoG directs banks to cut NPLs to 10% by December this year
The Bank of Ghana (BoG) has directed banks and other regulated financial institutions to reduce their non-performing loan (NPL) ratios to 10 percent or below by December 2026, as it …
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Ghanaian exporters now have a fixed address in one of the world’s most influential cities, London, following the opening of the Ghana Trade House by the Ghana Export Promotion Authority …
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Banking & FinanceEconomyInvestmentsMoneyTop Story
Stanbic Bank becomes first bank in Ghana to offer direct Chinese Yuan settlement via CIPS
Stanbic Bank Ghana, a member of Standard Bank Group, has become the first bank in Ghana to offer clients direct access to the China Cross-Border Interbank Payment System (CIPS), following …
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The announcement by COCOBOD, Ghana’s cocoa sector regulator, that production for the impending crop seasons could drop significantly—by roughly 16 percent, down to between 450,000 and 550,000 metric tons, from …
