Government says the long-awaited Women’s Development Bank (WDB) is on course to commence operations before the end of 2026, following the completion of key regulatory and capitalisation milestones aimed at …
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Private sector credit growth jumps 41% as lower lending rates spur borrowing
Credit to Ghana’s private sector has surged sharply, signalling renewed momentum in economic activity as lower borrowing costs and improving business confidence drive demand for financing. The Bank of Ghana …
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Ghana’s gross international reserves declined to US$12.9 billion at the end of June 2026, down from US$13.8 billion in December 2025, as rising energy-related payments linked to renewed tensions in …
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EconomyInvestmentsTop StoryTrade
President assents to GIPA Act, transforming GIPC into Investment Authority
President John Dramani Mahama has assented to the Ghana Investment Promotion Authority Act, 2026 (Act 1173), officially transforming the Ghana Investment Promotion Centre (GIPC) into the Ghana Investment Promotion Authority …
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The Bank of Ghana’s Monetary Policy Committee (MPC) on Wednesday, July 22, 2026 unanimously decided to retain its benchmark Monetary Policy Rate (MPR) at 14 percent, the second consecutive time …
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BoG holds policy rate at 14% as Middle East conflict raises inflation risks
The Bank of Ghana (BoG) has maintained its Monetary Policy Rate (MPR) at 14 percent, citing renewed geopolitical tensions in the Middle East, rising crude oil prices and emerging inflation …
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EconomyEnergyInvestmentsOil & GasTop Story
NPA monitors pilot of 24-Hour Economy in downstream petroleum sector
The Chief Executive of the National Petroleum Authority (NPA), Godwin Kudzo Tameklo, has undertaken a late-night inspection of petroleum depots in Tema to assess the implementation of the pilot phase …
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NLA, Fidelity Bank partner to boost digital operations
The National Lottery Authority (NLA) has entered into a strategic partnership with Fidelity Bank Ghana to modernise its operations through a major digital transformation programme aimed at improving service delivery, …
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Producer Price Inflation drops to 3.5% in June as mining sector costs cool
Ghana’s producer price inflation slowed sharply to 3.5 percent in June 2026, down from 5.8 percent in May, as falling prices in the dominant mining and quarrying sector eased cost …
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Banks write off GH¢883.7m in bad loans as asset quality improves
Banks in Ghana wrote off GH¢883.7 million in bad debt during the first four months of 2026, representing a 35.1 percent increase from the GH¢654.2 million recorded over the same …
