The Bank of Ghana (BoG) has maintained its benchmark monetary policy rate at 28%. This is a cautious stance amid lingering inflationary pressures despite recent improvements in currency stability and macroeconomic indicators. The decision was announced on Friday, May 23, 2025 at the conclusion of the Bank’s Monetary Policy CommitteeContinue Reading
The State Housing Company Limited (SHCL), has officially handed over a newly completed four-storey, 24-unit apartment complex to the Ghana Immigration Service in Savelugu.in the Northern Region. The facility, commissioned by the Minister for the Interior, Muntaka Mohammed-Mubarak, is a major milestone in SHCL’s ongoing commitment to support national securityContinue Reading
The Auditor-General is expected to submit an interim audit report on outstanding contractor claims in the coming days, which will trigger the commencement of payments by government. This development was disclosed during a meeting between the Finance Minister Dr. Cassiel Ato Forson and Ecobank Group Chief Executive Office, Jeremy Awori.Continue Reading
Data released by the Bank of Ghana has shown that the value of mobile money transactions went up significantly to reach GH₵365.0 billion by April 2025. Compared to the same period last year, the value of transactions was at GH₵303.0 billion. The data also showed that the number of transactionContinue Reading
Buying a house in Ghana can be a daunting task, especially for first-time buyers. With its growing economy and increasing demand for housing, Ghana’s real estate market offers numerous opportunities for homebuyers and investors. Waylead, a leading real estate developer in Ghana, walks you through the steps in purchasing property in theContinue Reading
JoyNews Research estimates that the 450,000 barrels of light crude oil, which arrived in Ghana on Monday, May 19, 2025, are likely to last no more than 16 days. That sets June 4, 2025 as the next critical date by which new fuel must arrive or the country might experienceContinue Reading
The Acting Chief Executive of the Ghana Chamber of Mines, Ahmed Nantogmah, is demanding the passage of a law to regulate how mineral royalties are used at the local level. He said that without such a legal framework, communities hosting mining operations will continue to suffer from underdevelopment despite theContinue Reading
Ghana owes its current level of development to the mining sector, and without it, the country would not be where it is today. That’s the claim by Ahmed Dasana Nantogmah, Acting Chief Executive of the Ghana Chamber of Mines, in an interview on JoyNews. “But for mining, Ghana won’t be hereContinue Reading
Ghana risks losing its position as a top mining investment destination due to what the Ghana Chamber of Mines describes as a harmful tax regime. Ahmed Dasana Nantogmah, Acting Chief Executive of the Chamber, told JoyNews’ PM Express Business Edition on Thursday, May 22, that it is driving exploration companies to moreContinue Reading
Ghana’s total public debt rose by GH¢42.7 billion in the first quarter of 2025 to GH¢769.4 billion in March 2024, the Bank of Ghana has revealed in its May 2025 Summary of Financial and Economic Data. In January and February 2025, the country’s total public debt stood at GH¢752.1 billionContinue Reading