Central Bank

Central Bank — monetary authority that has moderated currency swings in Ghana's cedi, per economist commentary on recent depreciation.

2026-05-122026-10-29

News reports

Order a long-term news report on Central Bank

Every mention in the Ghanaian press over the period you choose, compiled as a PDF or Word document.

In coverage

Verbatim sentences from the source article.

October 2026
28 OctJoy Online
… According to the Central Bank, the sharp rise in market capitalisation also reflected strong investor confidence and increased demand for equities, strong performance of financial-sector stocks, lower interest rates and portfolio reallocation, improved corporate performance, and …
Food & Beverages sector records highest growth of 431% on GSE in first eight months of 2026
6 OctJoy Online
… Mr Ayariga said he would have a meeting on Tuesday, October 6 with the Governor of the Central Bank, with all heads of the financial institutions. …
Government to involve corporate Ghana in street maintenance – Ayariga
September 2026
1 SeptJoy Online
… The Central Bank said the stronger growth underscored the resilience and continued expansion of Ghana’s mobile money ecosystem.
Number of debit cards issued by banks decreased by 11.8% to 5.7m in 2025
July 2026
9 JulJoy Online
… This comes after the Central Bank’s 2025 Fraud Report shows that reported fraud cases across banks, specialised deposit-taking institutions (SDIs) and payment service providers (PSPs) increased from 15,164 in 2022 to 24,778 in 2025. …
Use Ghana Card beyond identification to fight financial fraud – Fraud Investigator urges
June 2026
4 JunJoy Online
… The Central Bank representative pledged to move beyond simple gender‑balance metrics to develop and launch an active, value-chain-wide inclusive policy specifically for women by mid-2027. …
Building Economic Resilience: How FILMA is creating dignified livelihoods in rural Ghana
4 JunDaily Guide
… The Central Bank representative pledged to move beyond simple gender‑balance metrics to develop and launch an active, value-chain-wide inclusive policy specifically for women by mid-2027. …
Building Economic Resilience: How FILMA is Creating Dignified Livelihoods in Rural Ghana In the landscape of rural development, the transition from subsistence to sustainability is often cited as a goal; however, it is rarely measured with the precision of a fintech operation. Reflecting on the insights shared during the inaugural Financial Inclusion for Last Mile Actors (FILMA) Learning Event at the Accra Marriott Hotel, which hosted over 230 stakeholders, it is clear that the “last mile” is no longer the end of the road, but rather the starting point for systemic economic transformation. A scene during one of the community engagements Program Context: A Multi-Partner Vision For Rural Ghana Implemented by Temple Investments in partnership with the Mastercard Foundation, FILMA is a four-year, multi-partner initiative (2024–2028) designed to empower 100,000 young Ghanaians. The program specifically targets young women, youth, and persons with disabilities (PWDs) by providing access to affordable credit, inclusive financial services, and market opportunities. Central to this mission is the Last Mile Actor (LMA), defined as the essential yet often overlooked players at the end of the agricultural value chain. This demographic primarily comprises young women, youth, and PWDs serving as smallholder farmers, processors, and traders. These actors have historically been excluded from formal financial systems due to systemic barriers: a lack of traditional collateral, limited financial footprints, and the high perceived risk of rural enterprises. The program operates with a precise mandate: ensuring that 70% of LMAs are women and 5% are persons with disabilities, focusing its efforts across 18 districts in the Volta, Oti, Bono East, and Northern Regions. To achieve this scale, the program is driven by a strategic consortium led by Temple Investments, providing strategic leadership and managing the Catalytic Facility for Inclusive Finance (CFIF). This ecosystem is fortified by the specialized expertise of Catholic Relief Services (CRS), AV Ventures, SEND Ghana, and Enterprise Life, which provides tailored insurance solutions to de-risk the financial landscape for rural actors. More than just an intervention, FILMA serves as a critical test case for a high-impact sustainability model. It marks a definitive departure from traditional grant-based modules, aiming instead to transform agricultural and agri-adjacent value chains, including production and the introduction of emerging technology, into self-sustaining hubs of economic resilience. Solid Evidence: Operational Milestones and Alternative Livelihoods Two years into the four-year program, FILMA’s data reflects deep structural changes. The program has enrolled 77,868 LMAs; representing 78% of the total life-of-project target, and successfully transitioned 44,476 youth into dignified and fulfilling work, with young women making up 90% (40,028) of this total. Additionally, 2,151 persons with disabilities are actively participating in the program’s pathways. The average monthly income of an LMA has more than doubled, rising from a baseline of GH¢1,334 to GH¢2,793, while the portion of LMAs able to self-secure a financial product has jumped from 3% to 38%. Crucially, the program is de-risking rural life by introducing microinsurance and promoting diversified, non-traditional income streams to hedge against agricultural volatility. To date, this includes specialized training and equipment distribution for 1,099 individuals in beekeeping, 500 in mushroom production, and 2,661 in dry-season vegetable production. Voices from the Last Mile: The LMA Youth Panel A powerful session at the forum brought five last-mile actors to the stage to share their real-world transformations. Sakina, a young participant, described how saving was once a distant dream, as she struggled to manage the small allowances provided by her parents. Following the financial literacy and saving guides provided by the program, she began consistently saving 30% of her funds, turning a dream into an active, empowering daily practice. Gifty, a university graduate, shared how she turned to mushroom farming in the Oti Region due to the scarcity of formal employment. Although she managed to build a basic farming structure using her national service allowance, she lacked the capital to purchase compost and spawn. Initially dismissing Voluntary Savings and Loan Associations (VSLAs) as groups meant only for older community members, Gifty joined the program, mobilized other young people, and formed a VSLA. The collective savings from this group provided the critical capital needed to purchase compost and launch her commercial operations, highlighting how local, structured savings can bypass traditional borrowing barriers. Redefining the Ecosystem: Systemic Debates and Institutional Commitments The final stakeholder panel confronted the harsh economic realities facing rural and local producers. Caleb Edwards, Managing Director of WAMI AGRO, offered a sobering view on the impact of import liberalization, pointing out that local producers struggle to compete with importers backed by cheaper foreign capital, subsidies, and tax exemptions. He shared that local companies have faced six-figure impairments due to these policies, forcing a local rice farm to let go of 18 workers, and emphasized that credit access will fail without corresponding market protection and hedging strategies. Addressing lending risks, panel representatives from Absa and Maroon Capital discussed the necessity of digital lending to offset last-mile delivery costs, but warned of a culture of default that led to a bank taking a 32 million GHS impairment. They called for a unified shift in borrower mindset toward “contractual faithfulness” and robust data literacy. These provocations led to critical institutional commitments. The Central Bank representative pledged to move beyond simple gender‑balance metrics to develop and launch an active, value-chain-wide inclusive policy specifically for women by mid-2027. The Ministry of Finance committed to crafting highly actionable, solution-oriented policies within the upcoming National Financial Inclusion and Development Strategy (NFIDS). Concurrently, disability advocates and WAMI Agro announced a collaborative framework with international disability facilitators to train financial institutions on accessible services, ensuring local PWD structures are intentionally integrated into future outreach. The Women Behind the Work: From Survival to Destiny “For us at Temple, these women are not a video. They are the reason we are here. They are not characters in a story; they are the story,” noted Cecilia Hesse, Managing Director of Temple Investments, during her opening address. Her words underscored a fundamental shift in how development is measured: moving away from distant spreadsheets toward the lived realities of the women who are the bedrock of the nation. She also shared a proverb that captures the resilience of the program’s target demographic: “Even if the housefly has nothing, it rubs its hands together in anticipation.” This spirit of preparation and work is what FILMA seeks to harness. By recognizing the brilliance and drive of these women, the program ensures they no longer have to struggle just to survive, but are instead empowered to build a lasting destiny for their families and communities. A FILMA beneficiary
2 JunJoy Online
… Dr Forson said that very soon, the Central Bank intends to work with the Ministry of Finance to ensure that the remittances the diaspora community brings home actually hit the balance of payments. …
Ghana is open for business – Finance Minister urges investors
May 2026
25 MayJoy Online
… The Central Bank has been able to moderate swings. I think it is generally kept at a low level, and on that note, I don’t think we should start raising alarms,” he said. …
No cause for alarm over recent cedi depreciation — Prof Asuming
18 MayJoy Online
… Central Bank governor Michael Atingi-Ego had warned last month that the ⁠law could diminish financial flows into Uganda and risked running down foreign exchange reserves, in a situation he called an “economic disaster for our country”. …
Uganda’s president signs contentious law meant to curb foreign influence
12 MayJoy Online
… He described the Central Bank’s passage of the Virtual Asset Service Providers Act, 2025 (Act 1154) as a landmark development, arguing that tying innovation to regulation ensured that all players in the industry moved forward together. …
3i Africa Summit connects fintechs to investors, customers

Business

Food & Beverages sector leads GSE growth at 431.9% in eight months

The News

The Food and Beverages sector recorded the highest growth of 431.9% on the Ghana Stock Exchange in the first eight months of 2026, followed by Finance (131.7%) and Agriculture (123.2%). Overall market capitalization stood at GH¢285.58 billion at the end of August 2026, up from GH¢149.59 billion in August 2025, driven by improved corporate earnings, easing inflation, and sustained investor confidence.

22 hours ago · Joy Online →

Yesterday

Food & Beverages sector leads GSE growth at 431.9% in eight months
The Food and Beverages sector recorded the highest growth of 431.9% on the Ghana Stock Exchange in the first eight months of 2026, followed by Finance (131.7%) and Agriculture (123.2%). Overall market capitalization stood at GH¢285.58 billion at the end of August 2026, up from GH¢149.59 billion in August 2025, driven by improved corporate earnings, easing inflation, and sustained investor confidence.
22 hours ago · Joy Online →

Tuesday 6 October

Government partners with corporations to maintain major city streets
The Ministry of Local Government has announced a programme assigning major streets in the nation's capital cities to private businesses—including banks, manufacturers, construction and logistics firms—to clean, green, light, and maintain them, with naming rights and advertising opportunities as incentives.
6 October 2026 · Joy Online →

Tuesday 1 September

Debit cards issued by banks fell 11.8% to 5.7m in 2025
The number of debit cards issued by banks decreased by 11.8% to 5.7 million in 2025 from 6.5 million in 2024, mainly due to destruction and withdrawal of expired cards, while credit cards and active mobile money customers grew.
1 September 2026 · Joy Online →

Thursday 9 July

Integrate Ghana Card into payment systems to combat fraud
A certified fraud examiner has urged Ghana to move beyond using the Ghana Card only as visual identification and integrate it fully into banking and mobile money services, warning that stronger biometric verification could reduce fraud linked to impersonation and fake identities.
9 July 2026 · Joy Online →

Thursday 4 June

FILMA program aims to empower 100,000 young rural Ghanaians
Implemented by Temple Investments and the Mastercard Foundation, FILMA is a four-year initiative (2024–2028) providing young women, youth, and persons with disabilities access to affordable credit, inclusive financial services, and market opportunities in rural Ghana.
4 June 2026 · Joy Online →
FILMA program doubles income for 77,868 rural actors in Ghana
Temple Investments' four-year FILMA initiative (2024–2028) has enrolled 77,868 last-mile actors—primarily young women, youth, and persons with disabilities—across 18 districts, more than doubling average monthly income from GH¢1,334 to GH¢2,793 while transitioning 44,476 youth into dignified work and raising financial product self-uptake from 3% to 38%.
4 June 2026 · Daily Guide →

Tuesday 2 June

Finance Minister appeals to diaspora investors to return to Ghana
Finance Minister Dr Cassiel Ato Baah Forson told diaspora Ghanaians in London that Ghana is "open for business" and invited them to invest, noting that diaspora remittances exceeded $7 billion last year and describing the diaspora as important partners in nation-building.
2 June 2026 · Joy Online →

Monday 25 May

Recent cedi depreciation remains manageable, economist says
University of Ghana economist Patrick Asuming says the Ghana cedi's recent depreciation is within a manageable range and does not warrant alarm, noting that the Central Bank has moderated currency swings. He stressed that exchange rate fluctuations are normal and should only trigger concern if they involve sustained, sharp losses over a short period.
25 May 2026 · Joy Online →

Monday 18 May

Uganda's president signs foreign influence curb law
Uganda's President Yoweri Museveni signed a law criminalizing promotion of foreign interests against Uganda's and banning those working for foreign interests from developing or implementing policy without government approval, with penalties up to 10 years in prison. Rights groups say the broad language could allow the government to criminalize political opposition, though parliament softened earlier provisions that concerned financial institutions.
18 May 2026 · Joy Online →

Tuesday 12 May

2026 3i Africa Summit in Accra showcases fintech innovation
The three-day 3i Africa Summit in Accra brought together fintech companies, investors, and consumers, enabling digital finance innovators—from crypto exchanges to digital lenders—to showcase solutions and form partnerships. Exhibitors reported the fair provided opportunities to promote their brands, connect with investors, and engage on regulatory compliance.
12 May 2026 · Joy Online →