Ghana’s economy is experiencing an unusual moment of relief and the lifeline is not cocoa or oil, it is gold. As global ...
Ghana’s new central bank chief has suspended the West African nation’s program of paying for oil with gold and said he expects the cedi to stabilize after it’s volatility of last year. “We intend to ...
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Gold-for-Oil Policy: How BoG lost billions
The Gold for Oil (G4O) policy was introduced in 2022 to address Ghana’s declining foreign currency reserves and the increasing demand for dollars by oil importers. These challenges were contributing ...
The decline in the price of fuel – from ¢13.6 per litre to ¢12.3 per litre – in the last two months, will have a ripple effect on people’s personal economies, he says. “We are focused on efficiency in ...
Ghana’s Q3 2025 GDP grew 5.5%, led by agriculture and services Growth slowed due to hydrocarbons slump and weak industrial performance Inflation eased to 6.3% in November; central bank cut rates 1,000 ...
Ghana has launched a new gold coin to help it manage money-market liquidity, while boosting domestic savings. The coin, made from gold mined in Africa’s biggest producer of the metal, has been refined ...
As gold prices spike across the globe, illegal mining is exploding—and driving the west African country toward ecological collapse. An unhappy prospect: A group of men engaged in illegal gold mining ...
The Ghanaian government is researching a bilateral agreement with the Republic of Colombia that would allow Ghanaian teachers to visit Colombia to assist English instruction and, more significantly, ...
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