The Bank of Ghana has hosted a seminar on Central Bank Digital Currencies (CBDCs) and digital payments, bringing together central bank governors, senior officials from the IMF and World Bank, and experts from across Africa. The seminar focused on remittances, compliance, and interoperability in the digital transformation of financial systems. […]
Business News
GUTA Urges Traders to Drop Prices Following Cedi Gains
The Ghana Union of Traders Associations (GUTA) has appealed to its members to reduce prices following recent improvements in the exchange rate between the cedi and the US dollar. GUTA President Dr. Joseph Obeng said traders have a responsibility to reflect the currency gains in their pricing, especially given the […]
Bank of Ghana to Commemorate Cedi’s 60th Anniversary
The Bank of Ghana will commemorate the 60th anniversary of the Cedi, Ghana’s sole legal tender, on July 19, 2025. The Cedi was introduced on July 19, 1965, replacing the Ghanaian Pound as the country’s official currency. To mark this milestone, the Bank of Ghana plans to organize a series […]
Ghana Airports Company Limited Repossesses Land from McDan Group
The Ghana Airports Company Limited (GACL) has repossessed prime airport lands from the McDan Group of Companies following a High Court ruling in Accra on May 6, 2025. The court granted GACL full re-entry and possession of over 16 acres of land formerly occupied by subsidiaries of the McDan Group. […]
S&P Upgrades Ghana’s Credit Rating to CCC+ Amid Economic Progress
Ghana’s foreign-currency sovereign credit rating has been upgraded from Selective Default (SD) to CCC+ by global credit rating agency S&P Global Ratings. The upgrade reflects renewed investor confidence and positive momentum in economic management under Finance Minister Dr. Cassiel Ato Forson. The rating agency cited Ghana’s decisive progress in restructuring […]







