Business

All existing Rural Banks have been directed to convert into Community Banks by March 31, 2026, as the Bank of Ghana rolls out a sweeping overhaul of the country’s microfinance sector aimed at strengthening financial stability, improving…
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The Minister for Foreign Affairs, Hon. Samuel Okudzeto Ablakwa, has highlighted major reforms and security upgrades to Ghana’s passport system, describing the document as one of the most modern, secure and globally valuable passports in the…
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The Bank of Ghana (BoG) has, by a majority decision, reduced the Monetary Policy Rate (MPR) from 18% to 15.5%, marking its first policy decision of 2026. Dr Johnson Asiama, Governor of the Bank of Ghana, announced the decision during a…
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Gold prices surged to fresh record highs on Wednesday, breaking through the $5,300 an ounce mark as the US dollar hovered near four-year lows and investors sought safe-haven assets ahead of the Federal Reserve’s interest rate decision.…
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The Member of Parliament for Okaikwei Central, Patrick Boamah, has called on the Bank of Ghana to suspend its continuous injection of foreign exchange into the economy to stabilise the cedi. Speaking to Citi News on Wednesday, January 28,…
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A total of 7,708 poultry birds, made up of 5,216 broilers and 2,492 layers, have been distributed to 159 farmers in the Old Tafo Municipality of the Ashanti Region under the government’s Nkoko Nkitikiti poultry initiative, with municipal…
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The Chief Executive Officer of aYo Intermediaries Ghana, Francis Gota, has disclosed that the company recorded a 41 percent growth in revenue, climbing from GH¢71 million to GH¢100 million in 2025, while paying out about GH¢14 million in…
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The Ghana cedi has begun 2026 under renewed pressure, depreciating by an average of 4% against major trading currencies. Data from the Bank of Ghana’s January 2026 Summary of Economic and Financial Data show the cedi trading at GH¢10.88 to…
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Mobile money (MoMo) transactions in Ghana surged to a record GH¢518.4 billion in December 2025, underscoring the growing dominance of digital payments in the country’s financial system, according to the latest Bank of Ghana Summary of…
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The Ministry of Foreign Affairs has officially approved the issuance of a Ghanaian passport to American streaming sensation Darren Watkins Jr, popularly known as IShowSpeed. The announcement follows the streamer’s high-octane “Speed Does…
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