The Deputy Minister for Finance, Hon. Thomas Nyarko Ampem, has warned State-Owned Enterprises (SOEs), to improve performance or risk dissolution. Speaking at a meeting with core stakeholders of State-Owned Enterprises and Specified Entities under the theme, “Leveraging Public Assets For Shared Prosperity”, Mr. Ampem explained that the government will no longer tolerate loss-making SOEs under…
CEO of the Ghana Venture Capital and Private Equity Association(GVCA), Amma Gyampo has made a call for Ghana to transition from a treasury bill-driven economy to a more productivity-led growth model, with a strong focus on demand-driven development and industrialisation. Speaking on the topic ”Ghana’s Economic Reset:What it means for Investors and SMEs” as part…
The Managing Director and Chief Knowledge Officer of the World Bank Group, Mr. Paschal Donohoe, has commended Ghana’s Finance Minister, Dr. Cassiel Ato Forson, for what he described as the remarkable improvement in the country’s national finances. Mr. Donohoe made the remarks during a meeting with the Finance Minister as part of his first official…
The Government of Ghana has implemented a new sliding-scale gold royalty regime which took effect on March 10, 2026.Under the new policy, a 12% royalty rate will be imposed on large-scale mining companies when gold prices exceed $4,500 per ounce, replacing the previous flat 5% royalty rate. Reacting to the policy, Economist and Lecturer at…
The Government of Ghana has signed a debt restructuring agreement with Belgium as part of its ongoing efforts to stabilize the country’s public finances following the severe economic crisis of 2022–2023. Highlighting on the significance of the agreement, the Minister for Finance, Dr. Cassiel Ato Forson, having recalled the difficult period Ghana endured during the…
The 24-Hour Economy Secretariat has announced a strategic partnership with the Ghana Venture Capital Trust Fund to strengthen support for Ghanaian businesses. The collaboration, disclosed in an X post on March 2, 2026, is aimed at providing businesses with the capital required to scale up operations, expand sustainably, and create jobs. According to the Secretariat,…
The Ministry of Finance has announced the expiration of the restrictions on new domestic bond issuance. In a Statement released on March 2,2026 the Ministry explained that the three year restrictions which was imposed in 2023 as a result of debt default that preceded the Domestic Debt Exchange Programme (DDEP) and hence prevented the…
President John Dramani Mahama has stated that all is now set for the implementation of the government’s 24-hour economy policy. Delivering the State of the Nation Address in Parliament on February 27, 2025, President Mahama explained that the passage of the 24-Hour Economy Authority Bill and the recent budgetary allocation of GH¢110 million have brought…
The President and Chief Executive Officer of the World Economic Forum, Børge Brende, has resigned after eight and a half years in charge following revelations linking him to convicted financier Jeffrey Epstein. In a personal statement announcing his resignation, Brende reflected on his tenure, highlighting key achievements and expressing gratitude to colleagues, partners and stakeholders…
The Minister of Finance, Cassiel Ato Forson, has presented the Value for Money Office Bill to Parliament of Ghana. According to the minister, the bill aims not only to provide Ghanaians with maximum benefit from every single amount spent by government, but also to create a specialised and independent oversight institution with the technical mandate…