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MoMo transactions in hit record GHC365 billion in April 2025 after E-levy removal

The total value of transactions in Ghana's mobile money ecosystem reached GHC365.0 billion in April 2025, the highest monthly value to date. The Bank of Ghana's most current economic and financial statistics shows this milestone, which represents a 3.8% increase from GHC351.7 billion in...

Cedi Gains Prove Mahama’s Economic Agenda Is Working – Sammy Gyamfi

The Ghana cedi has recorded a remarkable 16.7% appreciation between January and May2025—a development the ruling NationalDemocratic Congress (NDC) credits to targeted policy actions implemented under the leadership of former President John Dramani Mahama.According to the Acting Chief Executive Officer of the Ghana Gold...

Expect more good news in mid-year budget – President Mahama

President John Dramani Mahama has promised Ghanaians that the mid-year budget review, which is scheduled to be released in August, will reveal further encouraging improvements. During his thank-you tour in Wa on Thursday, May 15, Mahama spoke at a durbar about the government's attempts...

BoG’s gold reserves hit 31.37tn ending April 2025

The Bank of Ghana’s (BoG) total gold reserves reached 31.37 tonnes ending April 2025. This was contained in a market report issued by the BoG on April 5, 2025. The gold reserves position ending April 2025 indicates more than 200 percent rise compared to...

President Mahama Appoints Matilda Asante-Asiedu as Second Deputy Governor of Bank of Ghana

President John Dramani Mahama has appointed Mrs. Matilda Asante-Asiedu as the Second Deputy Governor of the Bank of Ghana. The appointment, made in accordance with Section 17 of the Bank of Ghana Act, 2002 (Act 612) as amended, marks a significant development in the...

Value of momo transactions drops to Ghc 316bn in February 2025

According to the Bank of Ghana's Summary of Economic and Financial Data for March 2025, mobile money transactions in the nation fell from GHC 333 billion in January to GHC 316 billion in February 2025. In comparison, a larger transaction value of GHC 334.8 billion...