The Ghana Ports and Harbours Authority (GPHA) and the Ghana Shippers’ Authority (GSA) committed to strengthening their collaboration to reduce delays and inefficiencies in the cargo clearance process. The commitment was made at a high-level meeting between the two institutions chaired by GPHA Director General, Brig. Gen. Paul Seidu Tanye-Kulono, and GSA CEO, Prof. Ransford...

Dr Cassiel Ato Forson, Ghana’s Minister for Finance, has outlined the key factors contributing to the “unprecedented” appreciation of the Ghanaian cedi. As of May 13, the cedi had strengthened by 16.7% against the US dollar, making it the best-performing currency globally this year. In his remarks, Dr Forson attributed this remarkable performance to a...

The Volta Regional Minister, Mr. James Gunu, has announced the commencement of a strategic industrial park project in the region, aimed at accelerating socio-economic development and supporting the government’s 24-hour economy initiative. Speaking during an inspection of the 2,700-acre project site at Adaklu-Waya, Mr. Gunu emphasised the transformative potential of the industrial park. He called...

Financial analyst Joe Jackson has highlighted a combination of internal and external influences as the reasons behind the cedi’s recent appreciation. As the Chief Executive Officer of Dalex Finance, Jackson commended the Gold4Oil initiative for providing stability to the cedi. He also pointed to the global decline in the dollar’s value, which he linked to...

The Minister for Energy and Green Transition, John Abdulai Jinapor, has formally inaugurated the newly appointed board of Go Energy Company Limited, which operates as a subsidiary of Goil Plc. During the ceremony held on Friday, May 16, Mr. Jinapor urged the board to focus on elevating the company’s status to become the most dependable...

The Bank of Ghana has entered into a strategic partnership with the National Bank of Rwanda and Singapore’s Global Financial Technology Network to initiate the Next-Gen Digital Payment Infrastructure Project (DPI). This ambitious venture represents a significant advancement in establishing a robust, innovation-driven framework for cross-border digital payments throughout Africa. Dr. Johnson Pandit Asiamah, Governor...

Ghana’s Auditor-General has revealed the recovery of GH¢12.7 billion from disallowed expenditures spanning the years 2020 to 2023. This achievement highlights the office’s dedication to enhancing accountability and ensuring the proper utilisation of public funds. The announcement was made during a press conference presenting the Auditor-General’s annual report, which detailed financial recoveries and initiatives aimed...

The Bank of Ghana has issued a stern warning to the public regarding individuals and groups masquerading as foreign investors, luring unsuspecting citizens with the allure of high investment returns. In a public announcement dated 9th May 2025 and signed by the Bank’s Secretary, Ms. Sandra Thompson, the central bank highlighted that these so-called investors...