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Gov’t launches procurement reforms to save GH¢2.36bn lost annually
Deputy Minister for Finance, Thomas Nyarko Ampem, has disclosed that the government has launched major reforms in the country’s public procurement system
Business
Ghana’s Mobile Money Transactions reach GH¢354.1bn in August
Mobile money transactions in Ghana amounted to GHC354.1 billion in August 2025, according to the latest Summary of Economic and Financial Data released by the BoG
Business
Ghana’s debt climbs to GH¢628.8bn after brief decline
Ghana’s public debt stock rose sharply by GH¢15.8 billion in July 2025, reaching GH¢628.8 billion ($59.9 billion), according to the Bank of Ghana’s latest economic and financial data.
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.
Business
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
Business
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
Business
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