HomeBusiness
Business
Business
Ghana’s petroleum revenue drops by 56% in H1 2025 — PIAC Report
Ghana’s petroleum receipts fell by 56% year-on-year in the first half of 2025. This is according to the Public Interest and Accountability Committee (PIAC) in its latest Semi-Annual Report on petroleum revenue utilisation
Business
World Bank revises Ghana’s end-year growth rate upward to 4.3%
The World Bank now expects Ghana’s economy to end 2025 with a growth rate of 4.3%, up from its earlier projection of 3.9%
Business
BoG begins FX sales under Domestic Gold Purchase Programme in October
The Bank of Ghana (BoG) has announced plans to commence foreign exchange (FX) intermediation under its Domestic Gold Purchase Programme starting October, 2025
Business
IMF to begin Ghana’s fifth $3bn bailout review ahead of October disbursement
An International Monetary Fund mission is due in Accra on September 29 for Ghana’s fifth review under its $3bn Extended Credit Facility
Business
Ecuador Set to overtake Ghana as world’s second-largest cocoa producer
Ecuador is on track to surpass Ghana as the world’s second-largest cocoa producer, with output expected to exceed 650,000 metric tonnes in the 2026/27 season
Business
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