The highly anticipated National Economic Dialogue 2025 begins this morning at the Accra International Conference Centre, bringing together top economic experts, policymakers, and industry leaders to address Ghana’s pressing economic challenges. Led by President John Mahama, the forum will focus on the theme “Resetting Ghana: Building the Economy We Want Together.” Discussions will center on […]
Ghana has recorded a significant trade surplus of GH₵44.7 billion in 2024, as total exports soared to GH₵294.9 billion, surpassing imports, which stood at GH₵250.2 billion, according to the latest Ghana Statistical Service (GSS) Trade Report. The 2024 Annual Trade Report and the Quarter Four (Q4) Trade Newsletter, launched in Accra yesterday, highlighted Ghana’s strengthening […]
Dutch Ambassador to Ghana, Jeroen Verheul, has revealed that the overwhelming majority of Ghanaians who reach out to him do so to seek assistance with visa applications rather than raise concerns about the visa process itself. “If I’m approached by a Ghanaian, it’s mostly about visa issues, and it’s mostly because they want to have […]
Honda vehicle owners in Ghana are being urged to check whether their cars are affected by an ongoing recall for airbag replacements, following safety concerns. The recall, which is part of a global safety initiative, targets specific Honda models manufactured between 2001 and 2015. The affected models include: Honda Civic (2001 – 2011) Honda Accord […]
The Ministry of Foreign Affairs has alerted Ghanaian traders and businesses to Burkina Faso’s continued ban on the export of cereals and white beans, urging full compliance to avoid sanctions. In a statement issued on Tuesday, February 25, the Ministry cited official communications from Burkina Faso – joint communiqués No. 023-0017 dated December 19, 2023, […]
The Ghana Union of Traders’ Associations (GUTA) has expressed cautious optimism ahead of the government’s 2025 Budget Statement, emphasising the need for significant reforms to reduce the cost of doing business. The Association welcomed assurances from the new administration to streamline the tax system and cut down taxes, duties, and levies, which have long been […]
President John Mahama has urged the Governor of the Bank of Ghana, Dr Johnson Pandit Asiama and his First Deputy Governor to uphold and protect the independence of the bank. Speaking at Jubilee House on Tuesday, February 25, shortly after swearing them into office, he emphasised that as part of efforts to strengthen the economy, […]
President John Maham has nominated the Head of Financial Markets at the Bank of Ghana (BoG) Dr Zakari Mumuni as First Deputy Governor of the Bank of Ghana. JoyBusiness understands that the decision was taken last Friday, February 21. Dr Mumuni is a distinguished central banker and researcher known for his contributions to monetary policy […]
The Bank of Ghana (BoG) has announced an audit of remittance transactions covering the period from October 1, 2024, to December 31, 2024, as part of efforts to strengthen the country’s financial regulatory framework. According to a notice to the public signed by the Secretary of the central bank, Sandra Thompson on February 19, the […]
The Ghana National Petroleum Corporation (GNPC) has announced Kwame Ntow Amoah as its new Acting Chief Executive Officer. He takes over from Edward Abambire Bawa, who has been reassigned to GOIL as Managing Director and Group CEO. Mr Amoah brings a wealth of experience to his new role, having previously served as Deputy Chief Executive […]
Consumers are bracing for mixed outcomes at the pumps as global fuel prices decline, but the local currency’s depreciation threatens to offset potential relief. Despite a steady drop in Brent crude prices and refined petroleum product costs on the international market, the Ghanaian Cedi’s 2.18% fall against the U.S. Dollar is keeping fuel prices volatile. […]
World Bank Country Director for Ghana, Liberia, and Sierra Leone, Robert Taliercio, has cautioned Ghana against making a premature return to international capital markets, warning that such a move could undermine the country’s recent economic recovery. Speaking at the launch of the World Bank’s latest Public Finance Review report, titled “Building the Foundations for a Resilient […]
