Ghana Records ¢493.2B In Mobile Money Transactions In April
The value of mobile money transactions in Ghana rose to GH¢493.2 billion in April 2026, according to the latest Summary of Economic and Financial Data for May 2026 released by….
Category: Business
Cedi Depreciates 8.4% Against Dollar As Inflation Falls To 3.4% – Bank Of Ghana Data
The Ghana cedi recorded a year-to-date depreciation of 8.4 per cent against the United States dollar by mid-May 2026, even as macroeconomic stability continued to take hold and inflationary pressures….
Ghana’s Public Debt Hits GH¢674.1Bn As Of February 2026
Ghana’s public debt stock increased to GH¢674.1 billion as of February 2026. This is equivalent to 42.2% of Gross Domestic Product (GDP). In dollar term, the public debt stock stood….
Oil Falls After Trump Says US Will End Iran War ‘Very Quickly’
Oil prices eased on Wednesday after U.S. President Donald Trump again asserted the war with Iran will end “very quickly”, though investors remain wary about the outcome of peace talks amid….
Meet Ghana’s New Richest Stockholder
Business tycoon and founder of oil marketing company ZEN Petroleum, William Tewiah, has emerged as the richest individual shareholder in the history of the Ghana Stock Exchange (GSE), following a….
Banks Face Pressure To Expand Lending
The Bank of Ghana has raised concerns over the effectiveness of monetary policy transmission and the banking sector’s ability to support private sector activity, even as the economy records improving macroeconomic conditions….
Navy Rescues 7 Suspected Ivorian Stowaways Hidden In Oil Tanker Off Tema Coast
The Ghana Navy has rescued seven suspected stowaways from a Belgian-registered crude oil tanker off the coast of Tema after the vessel raised an alarm over individuals hidden in its….
Target The Bank, Not Wontumi – Haruna Mohammed On Exim Loan Case
The Deputy General Secretary of the New Patriotic Party, Haruna Mohammed, has defended the Ashanti Regional Chairman of the party, Bernard Antwi Boasiako, over charges linked to a loan facility from….
Oil Prices Rise After Trump Warns Iran Over Stalled Peace Talks
Oil prices rose on Monday in Asia after US President Donald Trump warned Iran the “clock is ticking” as talks to bring the war to an end have stalled. The….
Export Concentration Failing To Create Enough Jobs
Ghana’s record trade surplus and export growth are failing to generate broad-based employment gains, with policymakers, economists and exporters warning that the country’s trade structure remains concentrated in raw commodities….