Economy

Mobile Money Overtakes Cash as Ghanaians’ Top Transaction Method

Mobile money has overtaken cash as the most widely used transaction method in Ghana, according to a nationwide survey data. The Ghana Earnings & Savings...

Cedi is World’s Best Performing Currency – Mahama Tells Investors at Japan Forum

President John Dramani Mahama has told investors at the 9th Tokyo International Conference on African Development (TICAD IX) that the Ghanaian cedi has become...

Ghana Imports GH₵1.53bn from Côte d’Ivoire in 2024, Driven by Petroleum Bitumen, Palm Oil and Mangoes

Petroleum bitumen, palm oil, and mangoes together accounted for more than a third of Ghana’s imports from Côte d’Ivoire in 2024, according to figures...

Ghana’s July 2025 Inflation Drops, Lowest Since October 2021

Ghana’s headline inflation has slowed for the seventh consecutive month, reaching its lowest level since October 2021. According to fresh data released by the Ghana...

Oil Revenue: Ghana Bags $370.78m in First Half of 2025, 55% Decline From Last Year

Ghana accrued $370.78m from crude oil in the first six months of the year, according to the Bank of Ghana's semi-annual report. The proceeds seemed...

Mid Year Budget Review: Ghana Posts Strongest First-Quarter Growth Since 2020

Ghana’s economy grew by 5.3% in the first quarter of 2025, marking the strongest Q1 performance since 2020, despite ongoing global economic pressures. The...

Unpacking the 5000KM ‘The Big Push’ Roads Region by Region

The Minister of Finance, Dr Cassiel Ato Forson, announced the Big Push Agenda during the mid-year budget review, with road infrastructure taking centre stage. The...

Bitcoin Reaches an all Time High as US Debates Crypto Rules

Bitcoin surpassed $120,000 on Monday, July 14, 2025 reaching an all time record for the first time in the crypto world. Bitcoin scaled a record...

Cocoa Prices Fluctuate Amid Supply Volatility and High Stockpiles

Cocoa futures rose to $8,869.08 per tonne today, gaining 2.68% from the previous period. Despite the uptick, the market remains highly volatile, caught between...

GRA Suspends Collection of GH₵1 Fuel Levy, but Minority Demands Full Overhaul

The Ghana Revenue Authority (GRA) has indefinitely postponed the collection of the GH₵1  Levy on petroleum products. The levy was scheduled to be implemented from...

China to Drop Tariffs on All Exports from Ghana, and the Rest of Africa

China has offered a 0% tariff on all exports from Ghana, the Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, has announced. The decision was taken...

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