Ghana’s inflation rate has been cut by more than half in less than a year, signalling a decisive turn in the fight against rising prices and currency instability. The Bank of Ghana’s latest Summary of Economic and Financial Data shows headline inflation easing to 11.5 percent in August 2025, down sharply from 23.8 percent in […]| The Herald Ghana
Government’s flagship 24-Hour Economy Plus (24H+) programme has taken a significant step forward following the signing of a financing agreement with the Arab Bank for Economic Development in Africa (BADEA), unlocking up to US$500 million in support for the initiative. The agreement, signed at the Bank of Ghana headquarters, includes an initial US$60 million tranche […]| The Herald Ghana
The Bank of Ghana (BoG) has commenced a one-month suspension of the remittance partnerships of five Money Transfer Operators (MTOs) and the Foreign Exchange Trading Licence of United Bank for Africa (UBA Ghana), effective yesterday. The Central Bank, as usual, seems to be dancing around violations within the financial system rather than effectively cracking down […]| The Herald Ghana
The Bank of Ghana (BoG) will commence foreign exchange (FX) intermediation under the Domestic Gold Purchase Programme, with plans to sell up to US$1.15 billion for the month. These sales will be conducted on a spot basis through twice-weekly, price-competitive auctions open to all licensed banks. Dr Johnson Pandit Asiama, the Governor, made this known […]| The Herald Ghana
