The Bank of Ghana has announced an audit of remittance transactions for the fourth quarter of 2024, covering the period from October 1, 2024, to December 31, 2024. This audit aims to assess the remittance process and provide recommendations to strengthen the existing regulatory framework. The audit will also evaluate […]

In a welcome relief for motorists, the Institute for Energy Security (IES) has predicted a slight decrease in petrol and diesel prices in the second pricing window of February 2025. This forecast is based on a decline in global fuel prices, despite the cedi’s depreciation against the dollar. According to […]

Ghana’s domestic revenue mobilization has been on a downward spiral, falling short of its peers in Africa. The World Bank reports that the country’s collected revenues as a share of Gross Domestic Product (GDP) dwindled from 15.7% in 2017 to a mere 13% in 2021. This decline is not just […]

President John Mahama has reaffirmed his commitment to completing the stalled Takoradi Market Circle project in the Western Region. During an inspection of the abandoned project, Mahama assured market women, traders, and the people of the western region that he would complete the project, which was initiated in 2020 but […]