Eric Afful, the head of Parliament’s Economy Committee, said that the reported $214 million “loss” under the Gold-for-Reserves (G4R) program should not be called a loss but a cost of doing business for the Ghana Gold Board (GoldBod). He said this in response to worries raised by the Minority in Parliament about how the program…
The Ghana cedi is in its strongest position in ten years as it enters the last days of 2025. This is a big boost to the local economy.The currency has gone against the usual trend of losing value at the end of the year, which is a big change that is giving the private sector…
Bright Simons, the Honorary Vice President of IMANI Africa, said that GoldBod helped keep the Cedi stable in 2025, but it wasn’t the main reason. He said that no one thing controls exchange rates. “Gold makes up a huge part of Ghana’s exports, and exports are a big reason why exchange rates change. We should…
The Virtual Asset Service Providers (VASP) Bill has been signed into law by President John Dramani Mahama.This happened after Parliament passed the VASP bill after a long and careful review.Mensah Thompson, the Acting Deputy Director-General of the Securities and Exchange Commission, made this announcement on his Facebook page on Tuesday, December 30.The Bill makes it…
The Ghana Gold Board announced that it has exceeded its 2025 benchmark for small‑scale gold shipments, moving beyond the planned 100 tonnes and bringing in in excess of $10 billion in foreign exchange for Ghana, a development that underlines the expanding importance of artisanal mining to the national economy and reflects a stronger performance than anticipated. CEO Sammy Gyamfi…
The Driver and Vehicle Licensing Authority (DVLA) has stated to the public that motorists who are currently using Departure from Port (DP) stickers and DV number plates can keep using them for now, following the postponement of the planned rollout of the new licence plate system. The new plates were supposed to be introduced on…
The IMF projects that in the year 2029, both Ghana’s extractive industries like oil, gas, and gold and non-extractive sectors such as agriculture, services, and parts of manufacturing will grow at about 5 percent, showing a more balanced growth path over the medium term. Currently, non-extractive industries are growing faster, while extractive sectors have slowed…
Ghana has taken a major step toward bringing its rapidly expanding crypto and digital asset market under official rules after Parliament approved the Virtual Asset Service Providers Bill, which sets up a clear system for supervising virtual asset businesses and the services they offer. With lawmakers’ approval now complete, the focus turns to putting the…
Ghana’s cedi is projected to receive additional backing after approximately US$365 million from the International Monetary Fund was paid into the Bank of Ghana’s account on Monday, December 22, 2025, after the Fund endorsed the nation’s fifth review under its programme. The release followed the IMF Executive Board’s assessment of Ghana’s Extended Credit Facility arrangement…
The Second Deputy Governor of the Bank of Ghana (BoG), Matilda Asante‑Asiedu, has urged the nation to adopt a coherent, strategic approach to tackle the proliferation of unauthorised financial actors that are undermining confidence and resilience in Ghana’s financial architecture. Warning that as the economy rebounds and digital financial services and credit access widen, gaps…
