Business

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.

Cedi gains explained: What the latest FX data shows

January 13, 2026

Ghana’s cedi has recorded notable gains across major currencies over the past two weeks, buoyed largely by subdued foreign exchange...

Business

Ghana achieves milestone: Inflation down, debt reduced after IMF exit

by Mabel Boamah

January 8, 2026

Ghana has recorded significant macroeconomic gains as it prepares to exit its International Monetary Fund (IMF) support programme by mid-2026,...

Business

Food Prices Drive Inflation Down to 5.4% in 2025

by Mabel Boamah

January 7, 2026

Ghana ended 2025 with further easing in price pressures as inflation fell to 5.4 percent in December, driven largely by...

Business

Changan taps Yango to boost fleet quality in Africa

by Mabel Boamah

November 11, 2025

Changan Automobile has taken a bold step in its African expansion strategy by partnering with UAE-based tech powerhouse Yango Group...

The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework designed to regulate the country’s expanding cryptocurrency market. The move is part of Ghana’s Policy Position on Virtual Assets and Service Providers, released by the central bank in November 2025. It marks Ghana’s first national framework for the oversight of virtual assets such as cryptocurrencies, tokens, and blockchain-based services. According to the Bank, a registration exercise conducted in July 2025 identified over 100 companies offering services such as crypto exchange, wallet management, brokerage, and investment advisory to more than three million users nationwide. To strengthen supervision, the BoG will establish a Virtual Assets Regulatory Office (VARO) to coordinate with agencies including the Securities and Exchange Commission (SEC), the Financial Intelligence Centre (FIC), the Ghana Revenue Authority (GRA), and the National Communications Authority (NCA). “The Bank recognises that virtual assets can no longer remain outside Ghana’s financial regulatory remit,” the policy document stated. The framework shifts Ghana’s stance from caution to regulation. Previously, in 2018 and 2022, the BoG warned that cryptocurrencies were not legal tender and directed financial institutions to avoid processing crypto-related transactions. Under the new regime, Ghana’s regulatory approach will be risk-based and activity-specific, meaning that high-risk activities such as crypto trading and custody will undergo stricter licensing, while low-risk services will go through simplified procedures. Although virtual assets will not be recognised as legal tender, the Bank says the new policy aims to balance innovation, consumer protection, and financial stability, while mitigating risks such as money laundering, fraud, and terrorism financing. The policy also introduces the National Virtual Assets Literacy Initiative (NaVALI), which will promote financial education and responsible crypto usage among young Ghanaians — the country’s largest group of digital asset users. Ghana’s move aligns with international standards set by the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS), placing it among Africa’s emerging leaders in regulated digital finance.

Business

BoG registers 100+ crypto firms under new regulation

by Mabel Boamah

November 6, 2025

The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework...

Business

Inflation down to 8% as food prices ease — GSS

by Mabel Boamah

November 6, 2025

Ghana’s inflation rate has dropped to 8 percent, the lowest in more than four years, as food prices continue to...

Business

MIIF probe escalates with Goldridge Refinery in spotlight

by Mabel Boamah

October 1, 2025

The anti-corruption investigation into the Minerals Income Investment Fund (MIIF) has intensified, placing Goldridge Refinery Ltd at the centre of...

Business

Inflation falls below 10% for first time in four years, now at 9.4%

by Mabel Boamah

October 1, 2025

Ghana’s inflation rate has finally dropped into single digits for the first time since 2021, signaling a turning point in...

Business

AGOA expiry sparks urgent call for Ghana to diversify exports

by Mabel Boamah

September 30, 2025

Today, September 30, 2025, marks a historic turning point as the African Growth and Opportunity Act (AGOA) officially expires after...

Business

IMF review puts spotlight on Ghana’s economy as $360m decision looms

by Mabel Boamah

September 29, 2025

Ghana’s economic programme with the International Monetary Fund (IMF) enters a decisive phase today, September 29, 2025, as the Fund...

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Business

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.

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