News
Building cost inflation in Ghana falls to 3.9% in January - GSS
2+ hour, 26+ min ago (347+ words) The Ghana Statistical Service (GSS) has reported that the Prime Building Cost Index (PBCI) inflation rate declined to 3.9 per cent in January 2026, the ninth consecutive year-on-year fall." This is a marked slowdown from the 23.7 per cent recorded in January 2025, signalling…...
Germans privately hold wealth estimated at over €10 trillion
1+ mon, 3+ week ago (291+ words) Germans held just over "10 trillion ($11.7 trillion) in their private financial assets in 2025, according to a bank study. Financial assets have been rising for years because people in Germany are champion savers relative to other countries and, despite widespread scepticism about…...
Ghana inflation falls to four-year low of 8%, driven by strong food supply and fiscal stability
3+ mon, 3+ week ago (358+ words) Ghana's year-on-year inflation rate dropped sharply to 8.0 per cent in October 2025, down from 9.4 per cent in September, marking the lowest rate in four years. Data from the Ghana Statistical Service (GSS) showed that the fall is the tenth consecutive month…...
Bank of Ghana has stopped intervening in forex market - President Mahama
5+ mon, 2+ week ago (222+ words) President John Dramani Mahama has acknowledged that the Bank of Ghana used to intervene in the foreign exchange market but has recently withdrawn its support. This, he said, was to correct some imbalances warranted by the appreciation of the local…...
Ghana economy grows by 6.3% in second quarter of 2025
5+ mon, 2+ week ago (526+ words) Ghana's economy grew by 6.3 per cent in the three months to June 2025 compared to 5.7 per cent in the same period last year. It means that the economy produced more goods and services than the same time last year, 2024. Dr Alhassan…...
Cash no longer king for most Germans abroad or at home - Survey
6+ mon, 1+ week ago (197+ words) Germans" long-standing love affair with cash is fading " even when they travel abroad. A new survey released on Friday by comparison site Verivox found that only about a third of people now prefer to pay with banknotes and coins, both…...
Bank of Ghana and University of Ghana partner to advance economic thought, policy
6+ mon, 2+ week ago (860+ words) Dr. Johnson Asiama, Governor of the Bank of Ghana, has launched the Bank of Ghana Chair in Finance and Economics at the University of Ghana with a call for rigorous dialogue and collaboration to shape transformative economic ideas. "He said…...
Central bank Governor allays fears of dollar shortage
6+ mon, 3+ week ago (473+ words) Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana (BoG), has allayed fears of businesses and investors of shortage of Dollars for their daily transactions following recent concerns. While indicating that the Central Bank has observed some reduction in…...
High unemployment rate said to be driving youth indiscipline, alcoholism, cybercrime
7+ mon, 4+ day ago (458+ words) Apostle Nana Ofori (retired) of the Church of Pentecost, has called on the nation to do more to tackle the teeming youth unemployment, and increasing school-dropouts in the country....
Bank of Ghana collaborations with research institutions could fix monetary policy - Prof Yusif
8+ mon, 5+ day ago (467+ words) Professor Mohammed Hadrat Yusif, a Professor of Economics at the Kwame Nkrumah University of Science and Technology (KNUST), has advocated for stronger collaboration between the Bank of Ghana (BoG) and universities, as well as research institutions, to enhance effectiveness of…...