Accra Street Journal

18/09/2025

The Bank of Ghana’s gold holdings surged to 36 tonnes in August 2025, valued at $3.17 billion—a 32% year-on-year jump in volume and 78% in value—bolstering cedi stability and external buffers.

https://accrastreetjournal.com/2025/09/18/bank-of-ghana-strikes-record-gold-reserves-hit-36-tonnes-worth-3-17-billion/

18/09/2025

Automakers including VW, Nissan, and Toyota are running far below capacity in Ghana, as affordability issues, limited financing, and a thriving used-car market weigh heavily on new-vehicle sales.

Ghana’s ambition to become West Africa’s auto hub is faltering as major carmakers including Volkswagen, Nissan, and Toyota report sluggish sales of locally assembled vehicles. Despite fiscal incentives and high-profile launches, demand for brand-new cars remains far below expectations. Analysts ...

18/09/2025

The Bank of Ghana has reduced its policy rate from 25% to 21.5%, paving the way for cheaper loans. Analysts say SMEs, businesses, and households will benefit as credit costs ease.

Borrowing costs in Ghana are set to ease after the Bank of Ghana (BoG) cut its benchmark policy rate by 350 basis points, bringing it down from 25% to 21.5%. The move, announced at the 126th Monetary Policy Committee (MPC) meeting, reflects improved inflation dynamics and stronger fiscal discipline....

18/09/2025

Ghana recorded a modest US$50M trade surplus in August 2025, pushing the total trade balance to US$6.2B. Analysts say the surplus boosts investor confidence and underscores the need for export diversification.

Ghana’s trade account remained in positive territory in August 2025, with the Bank of Ghana reporting a modest US$50 million surplus that lifted the overall trade balance to US$6.2 billion. While incremental, the outcome underscores resilience in the country’s external sector and signals stabili...

17/09/2025

ASJ - Sports: Kylian Mbappé’s penalty brace secured Real Madrid a 2-1 win over Marseille in their Champions League opener, despite Dani Carvajal’s red card and an early Timothy Weah strike.

Madrid — Kylian Mbappé delivered two decisive penalties to rescue Real Madrid in their Champions League opener, sealing a 2-1 comeback victory over Olympique Marseille at the Santiago Bernabéu on Tuesday. The French forward, already in scintillating form this season, struck from the spot in both...

17/09/2025

The Ghana Stock Exchange started the week on a strong note, with indices rising, market capitalization hitting GHS 150.28 billion, and MTN Ghana leading price gains.

Accra — The Ghana Stock Exchange (GSE) opened the week on a bullish note, with trading on Monday, September 15, 2025, showing broad-based gains across equities and reinforcing investor optimism. A total of 355,634 shares valued at GHS 1.2 million changed hands during the session, pushing both indi...

17/09/2025

Gold surged to a record $3,695/oz, up 43% year-on-year, as investors bet on Fed rate cuts, a weaker dollar, and safe-haven demand amid global uncertainty.

Accra — Gold soared to new heights on Tuesday, climbing to $3,695.16 per troy ounce, its highest level on record, as investors positioned ahead of a pivotal U.S. Federal Reserve meeting that could mark the beginning of a rate-cutting cycle. The surge has propelled gold up more than 10% in the past...

17/09/2025

The Volta Region has signed an MoU with Shenzhen’s Belt and Road Environmental Technology Center to promote green investment, technology transfer, trade, and infrastructure opportunities under the Green Belt and Road Initiative.

Ho — The Volta Regional Coordinating Council has signed a Memorandum of Understanding (MoU) with the Belt and Road Environmental Technology Exchange and Transfer Center, based in Shenzhen, China, in a bid to expand trade, attract green investment, and foster technology transfer. The agreement, sig...

17/09/2025

Ghana has launched the distribution of 3 million elite coconut seedlings under the PIAA, aiming to build processing industries, boost exports, create jobs, and transform coconuts into a strategic industrial commodity. Link Below to read

https://accrastreetjournal.com/2025/09/17/ghana-rolls-out-3-million-coconut-seedlings-to-anchor-industrialisation-drive/

16/09/2025

Eni, Vitol, and GNPC sign a landmark pact with Ghana to expand oil and gas output, develop renewables, and advance social investment. The deal aims to balance energy security with sustainability while supporting SMEs and job creation.

Accra — Eni and its Offshore Cape Three Points (OCTP) partners Vitol and the Ghana National Petroleum Corporation (GNPC) have signed a Memorandum of Intent with the Government of Ghana to deepen oil and gas output while advancing renewables and sustainability initiatives. The agreement was unveile...

14/09/2025

Import taxes remain central to Ghana’s economy. We analyze how tariffs affect businesses, consumers, and government policy in 2025

14/09/2025

Explore Ghana’s ongoing debate on sales tax holidays, their potential benefits for consumers, risks for government revenue, and lessons from global experiences