Ghana’s financial sector staged a significant recovery in 2025, with total assets reaching GH¢647.25 billion, representing roughly 45.1% of the nation’s GDP, according to the latest Financial Stability Review. The milestone comes on the back of a strong domestic economic performance in which real GDP growth accelerated to 6.0%, surpassing the 5.8% recorded the previous year. Launching the review in…
Government has explained that the decision to transition to the Non-bailout Technical Assistance Policy Coordination Instrument (PCI) under an International Monetary Fund (IMF) is to complement government’s effort to achieve Investment Grade rating. Ghana today, May 15, successfully completed its Extended Credit Facility (ECF) financial bailout programme with the IMF. A statement released by the Presidency explained that the PCI…
A rescue operation at a mining concession in the Asante Akyem Central Municipality ended with a mix of relief and anxiety on Friday, May 15, after 10 miners were pulled from the rubble of a collapsed underground pit. The incident occurred on a site belonging to Northern Mines Limited in Konongo, a well-known hub for gold mining in the Ashanti…
