Home / Business (page 4)

Business

BoG Unveils New FX Operations Framework to Boost Transparency and Market Confidence

The Bank of Ghana (BoG) has introduced a new Foreign Exchange (FX) Operations Framework aimed at enhancing transparency, strengthening market confidence, and ensuring greater stability in the country’s foreign exchange market. The framework, approved by the BoG Board, represents a major policy shift that clarifies the objectives, principles, and operational procedures guiding the central bank’s FX interventions. It adopts a …

Read More »

Labour Unions Disappointed Over 9% Salary Increase for Public Sector Workers

By Adoa News, November 11, 2025 Some labour unions have expressed deep disappointment over the 9 percent salary increase announced for all public sector workers under the Single Spine Salary Structure (SSSS) for the 2026 fiscal year. The unions, including branches of the Senior Staff Association of Universities of Ghana (SSA-UoG) and the Teachers and Educational Workers’ Union (TEWU) of …

Read More »

Ghana Records Single-Digit Inflation for First Time Since June 2021

Ghana’s inflation rate has fallen to 8.0% in October 2025, marking the lowest level since June 2021 and continuing a tenth consecutive month of decline. According to the Ghana Statistical Service (GSS), this represents a 1.4 percentage point drop from September’s 9.4% and a sharp improvement from the 23.8% recorded in December 2024, highlighting the easing of price pressures in …

Read More »

Finance Minister Warns Against Pricing in US Dollars, Urges Support for Cedi

The Minister for Finance, Dr. Cassiel Ato Forson, has cautioned businesses and the general public against trading or pricing goods and services in foreign currencies, particularly the US dollar, stressing that the Ghana cedi remains the country’s only legal tender. Speaking at the official launch of the Cedi@60 celebration in Accra, Dr. Forson urged Ghanaians to demonstrate patriotism by preserving …

Read More »

Bank of Ghana Launches Year-Long Celebration to Mark 60 Years of the Cedi

The Bank of Ghana (BoG) will today, Tuesday, October 28, officially launch a year-long celebration to mark 60 years of the cedi, Ghana’s enduring symbol of economic sovereignty and national identity. The official launch of the Cedi@60 commemoration will take place at the Accra International Conference Centre under the theme: “60 Years of the Cedi: A Symbol of Sovereignty, Stability, …

Read More »

Mahama Administration Plotting to Cancel 1D1F Policy — Michael Okyere Baafi Alleges

The Ranking Member of Parliament’s Trade and Industry Committee and MP for New Juaben South, Mr. Michael Okyere Baafi, has cautioned that the John Mahama administration is allegedly planning to cancel the One District, One Factory (1D1F) initiative introduced under former President Nana Addo Dankwa Akufo-Addo. He warned that any such move would have serious financial implications for the state …

Read More »

Government to Begin Poultry Distribution Under ‘Nkoko Nkitinkiti’ Programme in November — John Dumelo

The Deputy Minister of Food and Agriculture, John Dumelo, has announced that the government will commence the distribution of birds under its flagship poultry initiative, the ‘Nkoko Nkitinkiti’ Programme, from mid-November 2025. According to the Deputy Minister, this marks the first phase of the initiative, under which the government plans to distribute three million birds to farmers and households across …

Read More »

Ghana’s Producer Price Inflation Rises to 3.2% in September 2025

The year-on-year Producer Price Inflation (PPI) for all goods and services in Ghana stood at 3.2% in September 2025, according to the latest data released by the Ghana Statistical Service (GSS). This marks a 0.2 percentage point increase from the 3.0% recorded in August 2025. However, it reflects a sharp decline of 27.3 percentage points compared to the same period …

Read More »