Business

A policy paper by banking consultant Dr. Richmond Akwasi Atuahene says the abuse of Ghana cedi notes is driving up currency replacement costs and undermining national discipline.

The Ghana Stock Exchange's benchmark Composite Index climbed above 15,100 points as Hords, MTN Ghana and Intravenous Infusions posted gains despite a sharp drop in trading volumes.

Finance Minister Dr. Cassiel Ato Forson will present Ghana’s 2026 Mid-Year Budget Review to Parliament, with attention on growth, inflation, debt, revenue and the country’s post-IMF policy direction.

Growing uncertainty over oil flows through the Strait of Hormuz is making the Middle East oil market increasingly difficult to assess, Reuters columnist Ron Bousso warns.

The Bank of Ghana and GoldBod are finalising a new financing arrangement aimed at supporting gold purchases while protecting the central bank's balance sheet.

The Bank of Ghana has maintained the Monetary Policy Rate at 14% as rising oil prices, geopolitical tensions and inflation risks shape the economic outlook.

The Bank of Ghana has warned that refusing to accept cedi coins is a criminal offence, with offenders facing fines, imprisonment of up to three years, or both.

The Ghana Stock Exchange's benchmark Composite Index has crossed the 15,000-point mark for the first time, extending its remarkable 2026 rally with a year-to-date return of nearly 72%.

The Ghana cedi weakened to GH¢11.55 against the US dollar in July 2026, extending its year-to-date depreciation despite strong exports, reserves and a sizeable trade surplus.

Higher gold prices boosted the value of Ghana's gold reserves in June 2026, but rising oil imports and exchange rate pressures continue to pose risks to the country's external sector.

Ghana's gross international reserves declined to US$12.94 billion in June 2026 even as the country posted a strong trade surplus and current account balance, according to Bank of Ghana data.