Finance Minister Dr. Cassiel Ato Forson has commended President John Dramani Mahama for steering Ghana towards economic stability, describing his leadership as a much-needed rescue mission after what he called the “economic crime scene” left behind by the Akufo-Addo administration. Delivering the 2025 Mid-Year Budget Review in Parliament on Wednesday, Dr. Forson painted a grim […]
By: Nana Kwasi Roka Ghana’s power sector is witnessing a bold transformation marked by unprecedented financial performance, improved service delivery and sweeping operational reforms, Energy and Green Transition Minister, Hon. John Abdulai Jinapor has disclosed. Speaking to journalists in Accra, the Minister revealed that the Electricity Company of Ghana (ECG) has undergone a rigorous overhaul […]
The Ghana Gold Board (GoldBod) has outlined a bold vision for the country’s gold mining sector, emphasizing sustainable practices, responsible sourcing, and value addition. Speaking at the Mining in Motion Summit in Accra, Chief Executive Officer of the GoldBod highlighted the board’s commitment to transforming the sector and maximizing benefits for Ghanaians. According to the […]
Ghana has emerged as a trendsetter in sustainable mining within the West African subregion, according to the Minister for Lands and Natural Resources,Hon. Emmanuel Armah-Kofi Buah. Speaking at the launch of the West Africa Mining and Power Expo (WAMPEX) 2025, Armah-Kofi Buah highlighted the country’s enviable success in the extractive sector, attributing it to the […]
Under NDC’s unrelenting commitment to economic prudence, President John Dramani Mahama has underscored Ghana’s determination to maintain stringent fiscal discipline upon exiting the International Monetary Fund (IMF) programme in 2026. Delivering a keynote address at the 9th Ghana CEO Summit, aptly themed “Transforming Business and Governance for a Sustainable Futuristic Economy,” President Mahama emphasized the […]
Upon consideration of several petitions from stakeholders, the Ghana Gold Board (GoldBod) wishes to inform the general public, that the deadline for the transition to the new gold trading license regime, has been extended from 21st May, 2025 to 21st June, 2025. Consequently, any person who hold a license issued by the defunct PMMC and/or […]
The recent gains made by the local currency cedi against the US dollar have sparked optimism among car dealers that vehicle prices could potentially drop in the coming months. According to industry players, the strengthening cedi could ease the cost burden for consumers, particularly those looking to purchase second-hand vehicles, which dominate Ghana’s automotive market. […]
Dr. Sharif Khalid, Economic Advisor to the Office of the Vice President, has dismissed claims by former Vice President Dr. Mahamudu Bawumia that the recent stability of the Ghanaian cedi is a result of policies implemented by the erstwhile NPP administration. Dr. Bawumia had asserted that the local currency’s appreciation is due to the gold […]
The Ghanaian local markets are experiencing a welcome respite from pricing uncertainties, thanks to the recent stability of the Ghanaian cedi. According to Samson Asaki Awingobit, Executive Secretary of the Importers and Exporters Association of Ghana, the cedi’s steady performance is easing pressure on traders, particularly in key commercial hubs like Abossey Okai and Okaishie. […]
Commuters in Ghana may soon breathe a sigh of relief as the Ghana Private Road Transport Union (GPRTU) hints at an imminent reduction in transport fares. According to Abass Imoro, the union’s Industrial Relations Officer, ongoing negotiations with the Ministry of Transport are nearing a conclusion, with a final meeting scheduled for Tuesday, May 20. […]