BoG resets microfinance rules, raises capital and sets 2026 deadline
The Bank of Ghana has rolled out a far-reaching reform of the microfinance sector, raising minimum capital requirements, restructuring the […]
Economy
Bank of Ghana cuts policy rate to 15.5%
The Bank of Ghana (BoG) has, by a majority decision, reduced the Monetary Policy Rate (MPR) from 18% to 15.5%,
MPC slashes policy rate to 15.5% amid stable inflation and economic growth
The Bank of Ghana has further eased monetary policy, cutting the Monetary Policy Rate (MPR) by 250 basis points to
Cedi slips about 4% against major currencies in early 2026
The Ghana cedi has begun 2026 under renewed pressure, depreciating by an average of about four per cent against major
BoG rules out premature rate cuts despite improving macro indicators
The Bank of Ghana (BoG) is weighing a complex mix of domestic and external risks as it considers its next
Oil prices hold above Nigeria’s $64.85 budget amid Middle East tensions
Global oil prices remained steady on Monday, maintaining levels above Nigeria’s 2026 budget benchmark of $64.85 per barrel, as ongoing
Ghana cedi best-performing currency in Africa for 2025 – IMF
The Ghana cedi emerged as Africa’s best-performing currency in 2025, according to data from the International Monetary Fund (IMF) analysed
We are all shocked and surprised at the quick turnaround of Ghana’s economy – Mahama
President John Dramani Mahama has expressed astonishment at the speed of Ghana’s economic recovery, noting that the turnaround has occurred
VAT reforms key to closing Ghana’s 60% compliance gap – GRA Official
Ghana is losing nearly 60 per cent of its potential Value Added Tax (VAT) revenue due to inefficiencies, Mr Thomas
Ofosu-Dorte: Ghana’s economy to hit 6% growth in 2026, above IMF forecast
Ghana’s economy is projected to expand by about 6% by the end of 2026, outperforming the International Monetary Fund’s earlier