Joy Business News

CEO of the Ghana Association of Banks, John Awuah, says banks have begun engaging the Ministry of Foreign Affairs to deal with cases of loan defaults.

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The Chamber of Petroleum Consumers (COPEC) pushes for the removal of certain levies on fuel, to protect consumers from high prices.

Some Oil Marketing Companies have begun increasing fuel prices at the pumps in line with projections for the first pricing window of October 2025.

President John Mahama has disclosed that his government is in negotiations with the United States over the 15 per cent tariffs imposed under the Trump administration

Prices of petroleum products are set to rise by 4% per litre starting today, as OMCs adjust rates amid growing pressure on the cedi.

A visiting team from the IMF has commenced technical engagements with the Government of Ghana, focusing on fiscal, energy and banking sector developments.

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News from the world of business.

The Bank of Ghana (BoG) has revealed that it has in recent times, met all dollar requests and import demands from commercial banks.

The Bank of Ghana has indicated that it expects the policy rate cut to impact the cost of credit and interest rates in the country from October 2025.

Ghana's debt burden expands as total public debt hits GHS 629 billion

Fuel prices are expected to rise sharply from Tuesday, September 16, 2025, as the second pricing window opens, according to the Chamber of Petroleum Consumers (COPEC).

Fuel prices are expected to rise sharply from Tuesday, September 16, 2025, as the second pricing window opens, according to the Chamber of Petroleum Consumers (COPEC).

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News from the world of business.

The Bank of Ghana has announced that it has suspended the foreign exchange trading license of United Bank for Africa (UBA Ghana) effective September 18, 2025.

The Ghana Cocoa Board (COCOBOD) has settled coupon payments worth GH¢2 billion to investors of its restructured cocoa bills.

Some Oil Marketing Companies increase prices at the pumps; diesel selling at GH¢13.90, Petrol at GH¢12.99

Some Oil Marketing Companies (OMCs) have begun adjusting fuel prices in line with industry projections.

The price of petroleum products is set to go up by some significant margin per litre from Monday, September 1, 2025.

Bank of Ghana Governor, Dr. Johnson Asiama, has revealed that COCOBOD is expecting over $4 billion in inflows before the end of this year.

The governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has described the current pressure on the cedi as a short-term blip and assured that the situation will normalise soon.

The 2025 Ghana Banking Survey report by PwC has revealed a remarkable surge in Generative Artificial Intelligence (GenAI) adoption within Ghana's banking sector.

Some major Oil Marketing Companies (OMCs) have maintained petroleum product prices at the pumps despite industry projections of marginal changes from August 16.

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Loan defaulters risk five-year ban from accessing credit and names published in national dailies as part of new Non-Performing Loans directives from Bank of Ghana

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News from the world of business.

First Deputy Governor of the Bank of Ghana, Dr Zakari Mumuni, says the Central Bank's Gold Purchase Programme has been instrumental in stabilising the cedi and easing inflation in recent months.

The Ghana Statistical Service is set to roll out a new module for calculating inflation as it works to reveal the basket of goods.

Inflation for November has gone up marginally to 23% from the October figure of 22.1%. The adjustment was influenced by rising prices of some food stuff on the market over the past month.

The International Monetary Fund (IMF) Board has passed Ghana on the third programme review and approved disbursement of some US$360 million to Ghana.

The Bank of Ghana has assured that the cedi's recent rebound should continue with the dissipation of election-related uncertainties and the improved foreign exchange buffers accumulated by the central bank.

Industries and traders have ruled out reducing the prices of goods despite the recent improvement in the cedi's performance against the dollar.

Some financial sector stakeholders doubt the Bank of Ghana's gold coin initiative's ability to fully mop excess liquidity.

The Bank of Ghana has released the pricing guidelines for Ghana Gold Coin (GGC) this week. The GGC is issued and guaranteed by the Bank of Ghana and is available in three different sizes including one ounce, half ounce and a quarter ounce.

Sunon Asogli Power Ghana Limited has announced the resumption of operations at its 560-megawatt power plant following an emergency funding intervention by government.

Economist, Professor Lord Mensah describes IMF verdict on Ghana's program performance as a major boost for the economy.

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The governor of the Bank Of Ghana, Dr. Ernest Addison states that the Bank Square is an architectural masterpiece that stands as a testament to Ghana's growing influence in Africa's financial ecosystem and its commitment to sustainable development.

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