25.9 C
Accra
Sunday, June 7, 2026
HomeBusiness

Business

Cedi loses momentum as dollar continues to strengthen

The rally of the Ghanaian cedi has lost momentum, with its appreciation against the U.S. dollar slumping by half from mid-year highs.

BoG reserves fall by over $400m in two months

Ghana’s gross international reserves fell to US$10.7 billion at the end of August 2025, equivalent to 4.5 months of import cover, down from US$11.12 billion (4.8 months) in June. The decline of more than US$4

Ghana Records Growth Rate of 6.3%, up from 5.7% in Q2 2024

The Ghana Statistical Service has announced the latest Gross Domestic Product figures for the second quarter of the year 2025

Ghana’s economy expands 6.3% in Q2 2025, driven by strong services growth

Ghana’s economy grew 6.3% year-on-year in the second quarter of 2025, accelerating from a revised 5.7% a year earlier, according to new data from the Ghana Statistical Service

$150m AirtelTigo Debt: Government engages transaction advisor on future of state-owned telco

The government has appointed the international audit and advisory firm, KPMG, as transaction advisor to provide guidance on the future of AT Ghana

T-Bills auction sees 15% oversubscription on strong investor demand

The Treasury rebounded last week, with the government’s latest Treasury bill auction recording its first oversubscription after four weeks of undersubscription

Inflation drops to 11.5% in August, beating end-year target

Ghana’s headline inflation eased further to 11.5% in August 2025, down from 12.1% in July, the Ghana Statistical Service (GSS) has reported