… A technical and financial assessment undertaken by KPMG that year subsequently recommended equity investment as the most commercially viable option for restoring VALCO. …
… It is more than an awards platform; it is a movement that celebrates credibility, inspires excellence, and strengthens Africa’s food ecosystem.” In a major move to reinforce transparency and international best practices, KPMG, one of the world’s leading professional services and …
… The court also noted that Interpol previously withdrew a Red Notice after an internal commission determined the matter possessed political dimensions, while an independent review by KPMG detected no financial criminality within the examined contracts. …
… The ruling further referenced a KPMG review commissioned by the Ghanaian government, which identified inefficiencies in the SML contract arrangement but did not establish criminal wrongdoing by Mr Ofori-Atta or his staff.
… Access Bank Ghana was named Best Bank in SME Customer Experience 2025 by KPMG and received other notable recognitions, including Ghana’s Best Bank 2025 at the Euromoney Awards and the Global Finance Best Bank Award 2025. …
… Access Bank Ghana was named Best Bank in SME Customer Experience 2025 by KPMG and received several other notable recognitions, including Ghana’s Best Bank 2025 at the Euromoney Awards and the Global Finance Best Bank Award 2025. …
… losed. “He holds a First Class Degree in Civil Engineering from Obafemi Awolowo University, a Master’s degree in Business Administration (Switzerland) and a Master’s degree in Public Administration (Birmingham). “He worked as a Senior Partner and Head of Advisory Services at KPMG …
… The clinic was delivered in collaboration with KPMG and the Ghana Enterprises Agency (GEA), both of whom played a central role in facilitating the sessions. …
The government has established an eight-member negotiations team to secure a strategic partnership with a prospective investor to modernise and expand the Tema-based Volta Aluminium Company Limited (VALCO). The team will examine prospective partners' technical capabilities, financial strength and investment plans to restore VALCO's productive capacity and position it as a competitive player in Ghana's aluminium industry.
The government has established an eight-member negotiations team to secure a strategic partnership with a prospective investor to modernise and expand the Tema-based Volta Aluminium Company Limited (VALCO). The team will examine prospective partners' technical capabilities, financial strength and investment plans to restore VALCO's productive capacity and position it as a competitive player in Ghana's aluminium industry.
The Ministry of Transport has contracted Vision Consult and KPMG to conduct a six-month feasibility assessment of a proposed coastal water transport service between Keta in the Volta Region and Axim in the Western Region, examining technical and operational requirements and the commercial viability of the project.
The Ghana Institute of Procurement and Supply will host the second National Procurement and Supply Chain Conference (NPSC 2026) on September 2–3, 2026, at UPSA Auditorium in Accra, bringing together procurement professionals, policymakers, and business leaders to discuss smart and inclusive procurement systems for national development.
Maxima Media Group has launched the inaugural Foodies Choice Awards, a Pan-African recognition platform for consumers to celebrate excellence across the continent's food value chain, opening nominations across Ghana, Nigeria, Kenya, Tanzania, and Rwanda to recognise governments, farmers, agribusinesses, chefs, food brands, hospitality operators, media personalities, and innovators.
A United States Immigration Judge in Virginia granted former Ghana Finance Minister Ken Ofori-Atta's application for adjustment of status, finding insufficient evidentiary foundation in the Department of Homeland Security's opposition, which cited criminal charges filed in Ghana concerning the Strategic Mobilisation Limited contract. The ruling highlights differing standards between US immigration adjudication and Ghanaian criminal prosecution.
A United States immigration judge ruled on June 15, 2026, that Ghana's Office of the Special Prosecutor failed to provide persuasive evidence that former Finance Minister Ken Ofori-Atta committed criminal wrongdoing, citing lack of convincing proof in the OSP's affidavit and finding the former minister's testimony credible.
Access Bank (Ghana) Plc reported a record balance sheet of GH¢19.02 billion for 2025, up 14.9% year-on-year, supported by deposit growth of 11.5% to GH¢14.54 billion and loan book expansion of 36.7% to GH¢5.06 billion. The bank is now prioritizing disciplined earnings growth, operating efficiency, and risk-adjusted returns through a three-pillar strategy of Grow, Transform, and Protect.
Access Bank (Ghana) reported a record balance sheet of GH¢19.02 billion for 2025, a 14.9% year-on-year increase driven by deposit growth, expanded lending, and retained earnings. The bank is now shifting focus from balance sheet expansion to disciplined earnings growth, operational efficiency, and risk-adjusted returns.
President Bola Ahmed Tinubu swore in Joseph Tegbe as Minister of Power and Sola Enikanolaiye as Minister of State for Foreign Affairs on Monday, following the resignations of their predecessors Adebayo Adelabu and Yusuf Tuggar. Tegbe holds degrees in civil engineering and business administration, and has over 35 years of experience in fiscal and economic reform.
Stanbic Bank Ghana held a two-day SME Clinic in Tamale themed "From Survival to Scale: Building SMEs that Endure," calling on small and medium enterprises to move beyond survival-driven operations and adopt structured business practices for long-term sustainability. The bank's Head of Business and Commercial Banking noted that while SMEs account for over 90 percent of businesses in Ghana and contribute about 70 percent of GDP and nearly 85 percent of employment, many remain constrained by weak internal systems and limited access to knowledge.
The UK's economy grew 0.3% in March, exceeding analyst expectations of contraction, as consumers and businesses brought forward spending due to fears of future price rises from the Iran conflict. First-quarter growth reached 0.6%, the fastest quarterly pace in a year and the highest among G7 countries reporting data.
The Bank of Ghana's 2025 audited financial statements show it spent GH¢16.73 billion in a single year paying interest to commercial banks on liquidity-absorption instruments—nearly double the 2024 amount and the central bank's single biggest structural cost burden.
The opposition NPP and governing NDC are locked in dispute over the 2025 Bank of Ghana audited financial statements, with disagreement over whether losses should be counted as GH¢15.6 billion (the operating loss, as the government maintains) or GH¢34.9 billion (combining the operating loss with GH¢19.32 billion in Other Comprehensive Income, as the Minority argues).
Ofoase Ayirebi MP Kojo Oppong Nkrumah has criticised Sammy Gyamfi's comments on Bank of Ghana financial losses, arguing that the central bank's net equity declined by GH¢34.9 billion, not the GH¢15 billion figure Gyamfi highlighted. Oppong Nkrumah contends that separating the Bank's operating loss from its total comprehensive loss does not alter the overall impact on the country's finances.
Ghana's recent economic stabilization—marked by single-digit inflation, cedi appreciation, and rebuilt reserves—represents "borrowed calm" financed by instruments and commitments whose sustainability is questionable, according to an analysis that questions whether the recovery is durable despite acknowledging genuine improvements since the 2022–2023 crisis.
The Minority Caucus in Parliament released an analysis of the Bank of Ghana's 2025 audited financial statements, arguing that bad policy decisions significantly worsened the central bank's financial position, partly contributing to an estimated underlying loss of about GH¢44 billion. Although the BoG officially reported a headline loss of GH¢15.6 billion, the Minority argues this figure understates the true economic cost when additional losses in Other Comprehensive Income and one-off gains from gold sales are adjusted for.
KPMG auditors have recommended that the Bank of Ghana fast-track financial sector reforms and enhance clarity in its financial reporting to strengthen transparency and public confidence. They also called for greater caution in managing credit risks and urged the Bank and Government to adhere to agreed recapitalization roadmaps while maintaining transparency about the BoG's negative equity position.
The Bank of Ghana has rejected claims by the NPP Minority Caucus about its 2025 audited accounts, describing them as misleading and a misinterpretation of reserve management. The BoG stated that the GH¢9.6 billion gain from gold sales was legitimate and standard practice for central banks, and that removing this gain to construct a deficit was artificial and inconsistent with accounting frameworks.
A new report by the Chamber of Commerce and Industry France and Ipsos forecasts Ghana's real GDP growth between 4.6 and 5.9 percent by year-end 2026, as the economy shifts from crisis management toward stabilization and recovery. The forecast depends on fiscal discipline and completion of debt-restructuring efforts, with inflation expected to stabilize within a 6 to 10 percent target band.
The Bank of Ghana published audited 2025 financial statements on 1 May 2026, showing a net loss of $1.25 billion and total comprehensive losses of $2.80 billion; cumulative negative equity reached approximately $9 billion, widening from $3.99 billion the previous year.
The Bank of Ghana published its audited 2025 financial statements on 1 May, revealing a net loss of $1.25 billion and total comprehensive losses of $2.80 billion, with cumulative negative equity reaching approximately $9 billion, widening from $3.99 billion a year earlier.
The Bank of Ghana's operating loss for 2025 reached GH¢15.6 billion, up from GH¢9.4 billion in 2024, driven by surging costs of monetary policy operations including Open Market Operations that rose 95% to GH¢16.7 billion, sterilisation liabilities that jumped 186%, and a GH¢23.6 billion revaluation loss triggered by cedi appreciation. Negative equity worsened to GH¢93.82 billion from GH¢58.62 billion, while the Domestic Debt Exchange Programme reduced returns on government securities by an estimated GH¢12 billion.