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Category: Business

Get the latest updates and in-depth analysis on global markets, finance, startups, and economic policies.

Cedi Forecast: Prof Bokpin Predicts GH₵13.5 to $1 by Year-End

Cedi Forecast showing Ghanaian cedi and US dollar bundles with exchange rate GH₵13.5 to $1 in a modern office setting

Prof Bokpin says the cedi’s early surge “jumped the gun,” but forecasts GH₵13.5 to $1 by year-end, stressing reforms and fiscal discipline for stability.

Ghana Trade Surplus Hits $6.2bn in Eight Months; Reserves Climb to $10.7bn – BoG Governor

Ghana Trade Surplus with cedi banknotes, coins, and stock ticker showing rising currency and commodity values in Accra.

Ghana Trade Surplus surged to $6.2bn in 2025, boosting reserves to $10.7bn and strengthening the cedi as exports of gold and cocoa soared.

Banks 5% Forex Withdrawals: What BoG’s New Rule Means

Banks 5% forex withdrawals fee applied at a Ghanaian bank as customers react to new BoG directive

Banks 5% forex withdrawals spark heated debate in Ghana as banks impose a 5% fee under BoG’s new rule. Businesses and customers warn of rising costs, while analysts caution about black market risks.

World Bank $360M Ghana Disbursement to Stabilize Economy

World Bank Ghana $360M disbursement shown at Bank of Ghana headquarters with officials walking outside the building under national and World Bank flags.

World Bank $360M Ghana disbursement supports fiscal reforms, energy stability, and social resilience after approval in July and payout in September 2025.

Larry Ellison Briefly Becomes World’s Richest in $65B Gain

Larry Ellison briefly becomes world’s richest person while speaking at an event, holding a microphone and addressing the audience.

Larry Ellison briefly becomes world’s richest person after Oracle’s stock soared on AI demand, overtaking Musk and Arnault in a historic $65B wealth surge.

Ghana Excavator Imports Spark Alarming Galamsey Crisis

Ghana excavator imports at Tema Port showing rows of yellow excavators with workers inspecting them, highlighting West Africa’s highest import levels.

Ghana excavator imports soared to $205M in 2023, the highest in West Africa. But behind the numbers lies a galamsey crisis shaking the nation.

GoldBod Refining in October: Ghana Moves to End Raw Exports

GoldBod Refining plant in Ghana with workers pouring molten gold into molds under bright industrial lighting

GoldBod Refining begins October 2025, marking Ghana’s bold shift from raw gold exports to refining, certification, and value addition in the domestic market.

Abossey Okai Ultimatum: Dealers Give Foreigners 3 Days to Vacate Shops

Abossey Okai Ultimatum as spare parts dealers argue with traders in Accra market.

Foreign traders at Abossey Okai face a three-day ultimatum: vacate shops or risk forced closure. The standoff, fueled by the GIPC Act, has sparked legal and economic debate.

Engineers and Planners Takeover Sparks Ghana Mining Revival

Engineers and Planners takeover of Black Volta and Sankofa Gold projects showing mining equipment, workers, and Ghana flag on site.

The Engineers & Planners takeover of Ghana’s Black Volta and Sankofa Gold projects ends two decades of delays, promising jobs, revenue, and stronger local ownership.

BoG UBA Ghana Suspension: A Wake-Up Call for Ghana’s Financial Sector

BoG UBA Ghana suspension – Editorial photograph of UBA building in Accra with the UBA logo and Ghana national flag during forex licence halt.

ExcerptBoG UBA Ghana suspension shocks the financial sector as the central bank cracks down on unauthorized remittance activities. What happens next for FX users?

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