The Public Utility Workers’ Union (PUWU) of TUC Ghana has expressed strong opposition to government plans to appoint a transaction advisor to transition the Electricity Company of Ghana (ECG) into …
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The International Monetary Fund (IMF) is proposing a three-month extension of Ghana’s Extended Credit Facility (ECF) programme. According to the IMF, the extension is needed to allow for the implementation …
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The International Monetary Fund has advised the government to begin the issuance of treasury bonds on a gradual basis. The government has given its intention of resuming T-bonds issuance in …
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The Tema Oil Refinery (TOR) has restarted crude oil refining operations after several years of inactivity, marking a major step in efforts to revive Ghana’s downstream petroleum sector. The resumption …
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Banking & FinanceInvestmentsTop Story
BoG’s international reserves could cross US$13bn by end of 2025
The Bank of Ghana (BoG) has revealed that its international reserves could cross US$13 billion by the end of 2025. According to the Central Bank, this projection is based on …
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Banking & FinanceEconomyExtractivesMiningTop Story
BoG debunks reported losses from gold operations as speculative
The Bank of Ghana has maintained that figures reported in relation to losses from gold operations in 2025 should be described as speculative. The Bank argues that since its audited …
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ExtractivesInvestmentsMiningTop Story
GoldBod rejects IMF claims of US$214m losses under gold-for-reserves policy
The Ghana Gold Board (GoldBod) has dismissed claims that Ghana recorded US$214 million in losses under the gold-for-reserves programme, describing the assertion as inaccurate and misleading. The Chief Executive Officer …
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The International Monetary Fund (IMF) is proposing a three-month extension of Ghana’s Extended Credit Facility (ECF) programme. According to the IMF, the extension is needed to allow for the implementation …
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Banking & FinanceEconomyTop Story
Ghana and Afreximbank announce successful resolution of US$750m facility
The Ministry of Finance has announced that Ghana and Afreximbank have reached a successful resolution regarding the US$750 million facility. In a joint statement, the Ministry of Finance and Afreximbank …
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The Ministry of Lands and Natural Resources has announced plans to revoke the licences of 50 large-scale mining companies found to have breached key regulatory requirements. The decision follows a …
