Joseph Yoyowah
BoG Eyes Gold Price Hedging to Shield Export Earnings as Reserves Hit $11bn
Ghana's gold reserves have reached $11bn, with measures underway to stabilise the cedi and promote its use as Ghana’s primary…
Azumah Resources, E&P in Confidential Talks to Resolve Black Volta Gold Project Dispute
The Black Volta Gold Project is expected to produce 163,000 ounces annually, representing about 3% of Ghana’s gold output once…
BoG Forex Intervention Hits $1.4bn in Q1 as Cedi Rallies to Global Top Performer
The Bank of Ghana sold $1.4bn in forex in Q1 2025, surpassing 2023’s full-year intervention, with reserves rising to $10.6bn.…
Bank of Ghana Launches Cedi@60 Campaign to Celebrate Six Decades of National Currency
The Bank of Ghana has launched a five-month “Cedi@60” campaign to mark the currency’s 60th anniversary, featuring nationwide events, a…
ENI Upgrade Boosts Ghana’s Gas Supply to 270 MMscfd, Strengthening Energy Security
ENI’s infrastructure upgrade has boosted Ghana’s gas supply from 245 MMscfd to 270 MMscfd, the Energy Ministry announced, reaffirming its…
Poverty Dips as Ghana’s Social Safety Nets Deliver Relief
Ghana’s poverty rate fell slightly to 25.9% in 2024 from 26.4% in 2023, driven by growth in services and expanded…
Gov’t to Reverse New Civil Servant Hires as Part of Fiscal Consolidation Drive-IMF
The IMF revealed government plans to reverse new civil servant hires to support fiscal consolidation. This could limit public sector…
Mahama Assures Transparent Disbursement Of Oil Funds For $10bn ‘Big Push’
President Mahama has pledged transparent use of oil revenues to fund his $10bn “Big Push” infrastructure plan, investing $2bn annually…
ICU Seeks Clarity as Government Scraps One-District-One-Factory Policy for 24-Hour Economy Agenda
ICU plans to engage government over the cancellation of Ghana’s One District One Factory policy. Trade Minister Elizabeth Ofosu-Adjare confirmed…
Mahama Orders Crackdown on Unapproved Shipping Fees to Protect Port Revenue
President Mahama has ordered an immediate review of all unapproved shipping fees in Ghana, declaring such charges illegal without parliamentary…
Shippers Authority Probes Shipping Lines Over Arbitrary FX Rates, Set to Submit Report to BoG
Ghana Shippers Authority CEO, Prof. Ransford Gyampo, says findings on shipping lines using arbitrary exchange rates will be submitted to…
ECG Launches ‘ALL MUST PAY’ Campaign to Recover Billions in Unpaid Arrears
ECG will launch its nationwide “Operation ALL MUST PAY” revenue mobilisation campaign from July 14-25 to clear outstanding arrears. The…
ICU Calls $4Bn Allocation for 24-Hour Economy “Woefully Inadequate,” Urges Gov’t to Increase Funding
ICU General Secretary Morgan Ayawine says the $4 billion allocated for Ghana’s 24-hour economy policy is “woefully inadequate” to create…
Prof Bokpin Predicts Significant Policy Rate Cut as BoG Faces Pressure to Ease Rate
Prof. Godfred Bokpin predicts a 3-5% cut in the Bank of Ghana’s policy rate at its July MPC meeting, citing…
BoG Orders Mandatory Registration of Binance and All Virtual Asset Firms by August 15
The move aims to enhance oversight of Ghana’s digital asset sector, though registration does not grant operational licences or legal…