According to a report by GhanaWeb on Wednesday, July 16, 2025, the Ghanaian cedi is still facing weakness on the interbank market. As of that date, the Bank of Ghana (BoG) is selling the US dollar at GH¢10.40. However, rates at forex bureaus across the country are much higher, with the dollar trading at GH¢11.95. […]
Business
Save Ghana Movement slams President Mahama’s whistleblowers reward plan
The Save Ghana Movement’s Chief Executive Officer (CEO), Mr Robert Andzie Ansah has criticized President John Dramani Mahama’s plan to offer whistleblowers a 10% of seized gold or cash from illegal gold traders. Andzie Ansah made the assertion known during an exclusive interview on Fabea FM’s Me Man Ho Dadwen show hosted by Apiah-Kubi Andzie […]
TOR’s Petroleum hub partners to train 500 Ghanaian youth in gas and petroleum management
Tema Oil Refinery Ltd (TOR) and the Petroleum Hub Development Corporation (PHDC) have agreed in principle to collaborate on a transformative initiative aimed at training 500 Ghanaian youth for careers in the oil, gas, and petrochemical industries. The agreement was reached during a preliminary meeting held at TOR’s premises, where both institutions committed to advancing […]
President John Dramani Mahama’ launches Goldbod Taskforce
President John Dramani Mahama has inaugurated the GoldBod Taskforce, a specialized unit comprising personnel from the National Security, military, and other key security agencies. The taskforce’s primary objective is to protect Ghana’s natural resources and ensure the responsible management of its gold industry. During the inauguration ceremony at the National Security Secretariat in Accra, President […]
Legal battle rocks two Ghanaian gold firms over US$300million deal
A high-stakes legal dispute between two Ghanaian companies over the Black Volta gold project has escalated to the International Chamber of Commerce (ICC), with claims and counterclaims now exceeding US$100 million. At the centre of the conflict is a terminated development agreement between Engineers & Planners (E&P), a construction firm owned by Ibrahim Mahama, brother […]
Bank of Ghana drops position of Ghana cedis against the major world currencies as at Tuesday July 8
The Bank of Ghana has released the official exchange rates for Tuesday, 8th July 2025, and the Ghanaian cedi has recorded another drop in value against the US dollar. According to the new figures published by the central bank, the US dollar is being bought at GHS 10.3448 and sold at GHS 10.3552. This shows […]
Small Scale Miners cry out against ruthless intimidations and extortions, demand rescue from government
Ghana’s small-scale mining sector is teetering on the brink of collapse, as the Ghana National Association of Small Scale Miners (GNASSM) unleashes a desperate plea to the government to stop the relentless intimidation and extortion that is crippling its members. “Enough is Enough!” declared the association, signaling a boiling point in a crisis that threatens […]
Fuel price set to rise sharply in the next price window -OMC’s warn
The CEO of the Chamber of Oil Marketing Companies (OMCs), Dr. Riverson Oppong, has warned that fuel prices are expected to surge significantly in the upcoming pricing window, despite the marginal drop recorded this week. Speaking on Channel One TV on Tuesday, June 17, Dr. Oppong explained that although consumers are currently experiencing a slight […]
Breaking News: Jubilation everywhere as president John Dramani Mahama is set to fulfill another promise
John Dramani Mahama, Ghana’s president, is set to introduce a groundbreaking agricultural programme aimed at boosting the country’s economy through farming. The initiative, known as the Feed Ghana Programme (FGP), will be launched at Methodist School Park in Techiman, a region historically known for its vital contribution to national food production. Initially slated for an earlier […]
President John Dramani Mahama bans Dstv and Satellite Tv subscription
President John Dramani Mahama has ordered an immediate ban on DSTV and other satellite television subscriptions at the Jubilee House, citing the need to curb unnecessary government spending and promote fiscal discipline. According to a high-level source within the presidency, the directive is part of a broader initiative by the President to eliminate non-essential expenditures […]