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BoG Governor: Ghana’s Economic Recovery Proves Credibility and Discipline Can Restore Stability

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The Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, says Ghana’s strong economic rebound shows that credibility, transparency and disciplined policy reforms can restore stability even after a major financial crisis.

Speaking at the opening of the maiden Pan-African Central Bank Governors’ Conference in Accra on Monday, Dr. Asiama recalled that just three years ago the country was battling what the World Bank described as a “homegrown crisis.”

“Inflation had soared to 54.1 percent, the cedi had lost half of its value, and reserves had dropped to less than one month of import cover,” he recounted.
“When my team assumed office in 2025, we chose one mission — stabilisation. We tightened policy, sterilised excess liquidity, and communicated openly with the public, the markets and citizens.”

A Recovery Backed by Data

He noted that these measures have yielded significant results. Inflation has now dropped to 8 percent — the first time Ghana has returned to single-digit inflation since 2021.

The country’s international reserves have also improved, reaching $11 billion, enough to cover 4.8 months of imports as of September 2025. Additionally, the cedi has appreciated by more than 34 percent year-to-date, reversing last year’s depreciation.

“Our stability is real, but still young — it is still being tested,” Dr. Asiama cautioned.
“Credible communication and sustained fiscal discipline will be key to protecting these gains.”

Pan-African Conference on Central Banking

The two-day high-level conference is being hosted by the Bank of Ghana in partnership with the Bank of England and the UK Foreign, Commonwealth and Development Office (FCDO).

Held under the theme:
“Central Bank Governance: Leadership, Credibility and Resilience in African Central Banking,”
the event brings together leaders of 23 African central banks to discuss policy independence, governance and regional financial stability.

Notable attendees included:

  • British High Commissioner to Ghana, Dr. Christian Rogg

  • Deputy Governor for Monetary Policy at the Bank of England, Clare Lombardelli

  • First Deputy Governor of BoG, Dr. Zakari Mumuni

  • Second Deputy Governor of BoG, Matilda Asante-Asiedu

Collaboration and Peer Learning

Dr. Rogg praised the growing cooperation among African central banks, noting that shared learning is now key in addressing inflation, debt risks and global market instability.

He emphasized that the partnership between the Bank of Ghana and the Bank of England — which began in 2015 — has evolved from aid-oriented support into a knowledge-sharing model that strengthens financial governance and resilience.

Ms. Lombardelli added that the Bank of England remains committed to supporting central banks across the Global South through training, research collaborations and initiatives such as the UK and international market funding programmes.

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Albert Bondah takes over Media & PR Duties for Ghana Comedy Awards 2026

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The organisers of the Ghana Comedy Awards 2026 have officially unveiled Albert Bondah as the new Media and Public Relations Manager for the highly anticipated sixth edition of the awards ceremony.

The announcement, which has already generated excitement within Ghana’s entertainment industry, forms part of the organisers’ broader efforts to strengthen the awards brand and expand its visibility ahead of this year’s event.

A graduate of the University of Cape Coast, Albert Bondah brings on board a wealth of experience in entertainment publicity, media relations, and strategic communications. His impressive portfolio includes serving as Road Manager for the Central Music Awards, as well as Media Relations Officer for organisations and brands such as African Arts Network, 2Cute Entertainment, Parrot Mouth Productions, PB Entertainment, Keche Global, and Fiifi Coleman Productions, among several other notable institutions within the creative industry.

With his extensive background in entertainment communications, Albert Bondah is expected to play a major role in promoting the awards scheme while strengthening engagement with audiences, stakeholders, media partners, and industry players. Many within the entertainment space see his appointment as a strategic move aimed at elevating the profile of the Ghana Comedy Awards both locally and internationally.

Over the years, the Ghana Comedy Awards has grown into one of the country’s leading entertainment platforms dedicated to celebrating comedians, comic actors, and creatives who continue to shape Ghana’s comedy landscape. The scheme has consistently recognised excellence, creativity, and innovation within the rapidly growing comedy industry.

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General News

Mahama to Host Zimbabwe President Mnangagwa for Three-Day State Visit

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President John Dramani Mahama is set to host Zimbabwean President Emmerson Mnangagwa on a three-day State Visit to Ghana from Wednesday, April 1 to Friday, April 3, 2026.

 

According to a statement from the Presidency, President Mnangagwa will arrive at the Accra International Airport at 3:00 PM on Wednesday, where he will be received with full military honours by President Mahama. The ceremony will feature an inspection of a Guard of Honour mounted by the Ghana Armed Forces, followed by a 21-gun salute.

 

Later in the evening, President Mahama will host a State Banquet in honour of his Zimbabwean counterpart, in celebration of the long-standing relations between the two countries.

 

The highlight of the visit will be bilateral talks between the two leaders at the Peduase Lodge. The discussions, which will begin with a tête-à-tête, are expected to focus on strengthening cooperation in key sectors including trade, tourism, health, sanitation, agriculture, anti-corruption efforts, and job creation.

 

Both leaders are also expected to preside over the signing and exchange of several Memoranda of Understanding aimed at deepening diplomatic and economic ties between Ghana and Zimbabwe.

 

As part of his itinerary, President Mnangagwa will visit the Sweden Ghana Medical Centre and the Accra Compost and Recycling Plant to gain insight into Ghana’s advancements in healthcare delivery and sustainable waste management.

 

He will also pay homage to Ghana’s founding father, Dr Kwame Nkrumah, by laying a wreath at the Kwame Nkrumah Memorial Park.

 

President Mnangagwa is expected to depart Ghana on Friday, April 3, with full departure honours at the Jubilee Lounge.

 

The visit is anticipated to further strengthen bilateral relations and expand cooperation between Accra and Harare.

 

Read the statement below;

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General News

Global InfoAnalytics: Mahama’s approval rating at 67%; economic optimism slips

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President John Dramani Mahama continues to enjoy strong public support, maintaining a 67% approval rating, according to a new poll by Global InfoAnalytics.

 

The survey released on March 25, 2026, showed that only 26% of voters disapprove of his performance, though it was a slight increase from 24% recorded in December 2025, while approval remains unchanged.

 

Support for President Mahama, according to the survey, spans all regions, including traditional opposition strongholds.

 

In the Ashanti Region, which is the stronghold of the opposition, New Patriotic Party (NPP), the poll showed that 56% of voters approve of his performance, while approval stands at 64% in the Eastern Region and 65% in the North East Region.

 

The poll also indicates that a majority of party affiliates back the president’s performance, except for supporters of the NPP.

 

In the direction of the country, 65% of respondents in the survey noted that Ghana is headed in the right direction, though there was a marginal drop from 66% in the previous quarter.

 

Meanwhile, 28% believe the country is on the wrong path, up from 24%, while those with no opinion declined from 10% to 7%.

 

Living standards appear to have improved for many Ghanaians, with 58% of voters saying their conditions are better than a year ago, compared to 16% who report a decline.

 

However, optimism about the future has dipped slightly. The poll found that 68% of voters expect their standard of living to improve over the next 12 months, down from 70% in the previous quarter, suggesting growing unease over potential inflationary pressures linked to the Middle East conflict.

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