The Bank of Ghana has directed commercial banks to immediately stop paying foreign currency cash to large corporates, including bulk oil distribution companies and mining firms, unless the transactions are backed by equivalent deposits. This move aims to reduce pressure on the foreign exchange market and promote stability. The central […]

Vice President Prof. Naana Jane Opoku Agyemang has met with the leadership of MTN Ghana, including CEO Stephen Blewett, to discuss the company’s role in supporting government initiatives. The Vice President thanked MTN Ghana for their support and partnership in various government programs, particularly in advancing digital literacy. She urged […]

ACCRA – The Ministry of Communication, Digital Technology and Innovations has imposed a daily fine of GH₵10,000 on DStv Ghana, a subsidiary of MultiChoice Ghana, for its failure to submit requested pricing information. The penalty, which began on August 14, follows a series of non-compliance issues and a meeting between […]

The Management of Ghana Cocoa Board (COCOBOD) has met with commercial banks in Ghana to discuss key issues affecting the cocoa industry and the role of the banking sector in the 2025/2026 cocoa season, which opened on August 7, 2025. Discussions at the meeting, which was attended by senior executives of COCOBOD and the Cocoa Marketing […]

Dr. Zakari Mumuni, the First Deputy Governor of the Bank of Ghana, detailed the country’s successful use of gold to navigate recent economic challenges during a speech at the CNVERGE ’25 trade and banking event in London. He explained that a strategic shift was necessary after external shocks and pre-existing […]