The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained the policy rate at 28.0 percent, citing easing inflationary pressures and a stable macroeconomic environment. The decision was made at the 124th regular meeting of the MPC, which evaluated recent economic developments and assessed the risks to […]
Business News
GoldBod Extends Deadline for New Gold Trading License Regime
The Ghana Gold Board (GoldBod) has extended the deadline for transitioning to the new gold trading license regime from May 21, 2025, to June 21, 2025. This decision follows petitions from stakeholders, allowing holders of licenses issued by the defunct Precious Minerals Marketing Corporation (PMMC) and the Ministry of Lands […]
Accra Mayor Engages Street Hawkers Ahead of Decongestion Exercise
The Mayor of Accra, Hon. Michael Kpakpo Allotey, has engaged street hawkers in parts of the Central Business District (CBD) ahead of a major decongestion exercise slated to begin on Tuesday, May 20. The Mayor, accompanied by the Municipal Chief Executive (MCE) for the Korle Klottey Municipal Assembly, walked through […]
Transport Fares to Drop by 15% Effective May 24
Transport fares in Ghana are set to decrease by 15% starting Saturday, May 24, 2025, following negotiations between transport operators and the Ministry of Transport. The fare adjustment is in response to recent macroeconomic developments, including the appreciation of the cedi against the US dollar, which has led to a […]
Former Vice President Bawumia Addresses Global Leaders on Trade Wars
Former Vice President Dr. Mahamudu Bawumia participated in a high-level panel discussion at the 2025 International Democracy Union Forum in Brussels. The panel discussed the topic “Trade Wars, Tariff Battles and the New Geoeconomic Order: How to Restore Stability”. Dr. Bawumia emphasized that trade imbalances are a result of macroeconomic […]







