Business & Economy


May 7, 2025 Josiah

Inflation rate eased to 21.2% in April 2025

Ghana’s  marking its lowest level in eight months. The decline was driven in part by a stronger Ghanaian cedi, which helped reduce import-related price pressures. Both food and non-food inflation saw a slowdown. Food inflation dropped to 25.0% from 26.5% in March, while non-food inflation decreased to 17.9% from 18.7%. On a monthly basis, consumer […]

February 13, 2025 Josiah

Heritage Bank could have transformed Ghana’s banking industry -Alhaji Seidu Agongo

Alhaji Seidu Agongo, the majority shareholder of the now-defunct Heritage Bank, has expressed confidence that his bank could have transformed Ghana’s banking industry with unmatched competition. “Heritage Bank would have given the entire banking industry in Ghana competition they could never match. Have you visited any of our branches before? Our success was in the […]
4min 3000

January 28, 2025 Josiah

Monetary Policy Rate at 27 percent.

The Monetary Policy Committee (MPC) of the Bank of Ghana has decided to maintain the Policy Rate at 27 percent. The announcement was made by the Chairman of the MPC and Governor of the Bank of Ghana, Dr. Ernest Addison, during the 122nd MPC press conference held in Accra.   In his address, Dr. Addison […]
2min 2261

January 22, 2025 Josiah

E-LEVY removal will help business operations

The Mobile Money Advocacy Group Ghana (MoMAG) is optimistic that the removal of the e-levy will significantly enhance their business operations. During his recent vetting, Minister-Designate for Finance, Dr. Cassiel Ato Forson, announced that the government’s first budget would eliminate the e-levy.   Speaking at the association’s new executive induction ceremony, MoMAG President Edward Ofori […]
2min 2457

January 16, 2025 Josiah

FAGE extends its congratulations to President John Dramani Mahama

The Federation of Associations of Ghanaian Exporters (FAGE) has extended its congratulations to President John Dramani Mahama on his election victory, commending his commitment to agricultural transformation and boosting export growth. FAGE acknowledged the pivotal role of President Mahama’s administration in advancing Ghana’s export sector and expressed optimism about the renewed opportunities for growth under […]
2min 2987

January 8, 2025 Josiah

President John Mahama to meet stakeholders

The Member of Parliament for Yapei-Kusawgu and former Deputy Energy Minister, John Abdulai Jinapor, has announced that President John Mahama has instructed the Chief of Staff to convene an emergency meeting with key stakeholders in the power sector to address an impending energy crisis. His Excellency the President directed the Chief of Staff to chair […]
3min 3518

December 30, 2024 Josiah

9% oversubscription; interest rates hit 30% for T- bills

The government successfully achieved an oversubscription of approximately 9.0% in its treasury bills sale, just a week after experiencing a slight undersubscription. The total amount raised was GH¢4.65 billion, surpassing the target of GH¢4.262 billion. All bids submitted for the short-term instruments were accepted. The majority of the bids came from the 91-day bill, which […]
1min 3643

November 25, 2024 Josiah

24-hour ultimatum to the government

Aggrieved customers of the defunct gold dealership firm, Menzgold Ghana Limited, have issued a 24-hour ultimatum to the government, demanding a bailout of GH¢2 million from their locked-up funds to ease their financial distress. Speaking at a press conference in Accra, the customers warned that failure to meet their demands would result in a collective […]
2min 4481

November 21, 2024 Josiah

The Bank Square Commissioned

The grand architectural masterpiece at the heart of the capital is set to become a symbol of Ghana’s economic vitality and a beacon of financial innovation. Speaking at the commissioning ceremony, President Nana Addo Dankwa Akufo-Addo hailed the new Bank of Ghana headquarters as a testament to the institution’s enduring significance and its commitment to […]
4min 5342

November 15, 2024 Josiah

Fuel Prices expected to drop – COPEC

Fuel prices are expected to decrease starting tomorrow, November 16, 2024, barring any unexpected developments. The Chamber of Petroleum Consumers (COPEC) forecasts a reduction of approximately 5.06% in petrol prices, 3.88% in diesel prices, and 1.14% in Liquefied Petroleum Gas (LPG) prices. COPEC attributes this anticipated decline to a 0.72% drop in global crude oil […]
1min 4387



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Omanghana is an online news portal that provides readers around the world with a greater focus on Ghana and other parts of Africa. Established in 2009, Omanghana regularly publishes articles related to News, Sports, and Entertainment.


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