Ghana’s Central Bank maintains Monetary Policy Rate at 27% amid inflationary pressures 

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has announced its decision to maintain the policy rate at 27%, citing persistent inflationary pressures and uncertainties in the global economic environment. The announcement was made during …

Ghana central bank holds policy rate for second meeting in a row

Ghana's central bank kept its main interest rate at 27.00% for the second meeting in a row on Monday, after inflation rose last month. The West African gold and cocoa producer, which defaulted on most of its external borrowing in December 2022, is …

Ghana maintains interest rate as its new adminstration settles in

This decision was taken, in anticipation of price pressures decreasing, as the country's new administration tightens fiscal policy. The governor of the country’s central bank, Ernest Addison informed reporters during a press briefing in the capital, …

Edudzi Tameklo pledges transformative reforms for Ghana’s petroleum sector

The Acting Chief Executive Officer of the National Petroleum Authority (NPA), Edudzi Tameklo, has pledged to initiate transformative reforms aimed at revitalising Ghana’s downstream petroleum industry. Speaking to the press on his first day in office, Mr …

Being top of Ghana Premier League table keeps us more focuse...

The head coach of Asante Kotoko, Dr. Prosper Narteh Ogum has indicated that his team will go into upcoming games motivated, especially after going top of the Ghana Premier League table. According to the tactician, the new status of his team will keep them …

Zifa officials off to Ghana

Road tolls won't improve Ghana's revenue – KOKA

Ghanaian entertainment pundit, Kwaku Osei Korankye Asiedu, also known as KOKA, has argued that the reintroduction of road tolls will not boost the country’s revenue. During a discussion on Adom TV on January 26, 2025, KOKA pointed out that the revenue …

Stop Galamsey protest to hit streets of Ghana on March 6 - Barker-Vormawor hints

Youth activist, Oliver Barker-Vormawor, has hinted at a Stop Galamsey protest on March 6, 2025. This comes on the back of reports suggesting that some person are illegally mining in the Tano Anwia forest. To Barker-Vormawor, such things cannot be made to …

Ghana sees improved macroeconomic environment: central bank governor

ACCRA, Jan. 27 (Xinhua) -- Ghana witnessed an improved macroeconomic environment in 2024 due to the impact of reforms backed by the International Monetary Fund (IMF) and strong gold exports, according to Ernest Addison, governor of the Bank of Ghana, the …

Why I conceded defeat within 14 hours after close of polls— ex-Ghana’s VP

A former Vice President of Ghana, Muhamadu Bawumia, says his decision to concede defeat early in the last presidential election in his country was aimed at preventing political violence. Mr Bawumia stated this during a conference in Abuja on Monday. The …