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Fitch upgrades Ghana’s credit rating, citing strong economic management under Finance Minister Ato Forson

In a significant vote of confidence in Ghana’s economic recovery efforts, global credit rating agency Fitch Ratings has upgraded the country’s Long-Term Foreign-Currency Issuer...

Scrap ‘Dumsor’ levy completely – Oppong Nkrumah tells government

The Member of Parliament for Ofoase Ayirebi and Ranking Member on Parliament’s Committee on Economy and Development, Kojo Oppong Nkrumah, has called on the...

Some OMCs reduce fuel prices at pumps; petrol selling at GH¢10.99

Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps from Monday, June 16, 2025. Market leader Star Oil is...

Horticulture key to Ghana’s growth – Fidelity Bank MD

Fidelity Bank Ghana has once again positioned itself at the forefront of Ghana’s export-led growth agenda, with a strong call for cutting-edge sustainable solutions...

BoG eyes drop in inflation to 12% by year-end – First Deputy Governor

The Bank of Ghana expects inflation to trend downwards in the coming months due to the tight monetary policy measures being implemented. First Deputy Governor...

COMAC predicts stable fuel prices

The prices of petroleum products will remain stable in the second pricing window of June, the Chamber of Oil Marketing Companies (COCMC) has predicted. The...

Mahama urges Ministers to safeguard fuel price gains amid Israel-Iran conflict

President Mahama has directed the Ministers of Energy and Finance to prepare measures aimed at protecting recent gains made in reducing petroleum product prices,...

Fuel prices to drop from June 16 following suspension of GH¢1.0 levy

The prices of petroleum products are expected to drop at the pumps from Monday, June 16, 2025, following the postponement of the GH¢1.0 Energy...

GRA postpones implementation of GH¢1 fuel levy again

The Ghana Revenue Authority (GRA) has for the second time postponed the implementation of the recently approved GH¢1 energy sector levy on petroleum products. Originally...

Urban population growth to drive Ghana’s construction sector – Fitch Solutions

Ghana’s urban population is projected to grow by 2.7% year-on-year over the next decade, with urban residents expected to account for 65.5% of the...

We are populating the sinking and stabilisation funds – Seth Terkper

The economic advisor to President John Mahama, Seth Terkper, says the current administration is laying strong financial foundations to prevent a recurrence of Ghana’s...

Cedi’s appreciation could trigger revision of programme targets – IMF

The International Monetary Fund (IMF) has indicated that the sharp appreciation of the Ghanaian cedi against the US dollar in the first half of...

IMF welcomes GH¢1 fuel levy

The International Monetary Fund (IMF) has described the government’s decision to increase the Energy Sector Levy on each litre of petroleum products in Ghana...

Stability is not forever – Seth Terkper warns of economic vulnerabilities

Economic Advisor to President John Mahama and former Finance Minister, Seth Terkper, has cautioned that Ghana’s current economic stability is only temporary and must...

Ghana Diaspora Investment Forum highlights urgent call to block diaspora capital for national development

Over 100 public and private sector stakeholders convened in Accra for the Ghana Diaspora Investment(GDI) Forum 2025, a high-level platform focused on harnessing diaspora...

5.3% Q1 GDP growth a good sign – Mahama

President John Mahama has described the 5.3% growth recorded in Ghana’s economy during the first quarter of 2025 as a positive sign. Speaking during a...

Transport Minister assures completion of Prempeh I Airport Runway extension by end of 2025

The Minister for Transport, Joseph Bukari Nikpe, has assured that government will allocate the necessary resources to complete the runway extension project at the...

Ghana ranked 8th among Africa’s top 10 manufacturing countries

Ghana has been ranked 8th among Africa’s top 10 manufacturing countries, according to a report by The African Exponent, a leading analytical business platform...

Ghana secures 0% tariffs for exported goods to China

Ghana has made significant strides in strengthening its economic partnership with China, securing a 0% tariff on all its exports to the Asian powerhouse. This...

BoG warns public against transactions with YellowPay and HanyPay

The Bank of Ghana (BoG) has issued a stern warning to the public and financial institutions to desist from engaging in any transactions with...

Mahama rallies farmers and youth to drive productive economy

President John Dramani Mahama has urged exporters, farmers, and the youth to take decisive action in advancing Ghana’s productive economy, stressing that “the time...

Transport Minister urges domestic airlines to reduce fares amid cedi gains

The Minister for Transport, Joseph Bukari Nikpe, has appealed to domestic airline operators to reduce air transport fares in the wake of the strong...

Ghana’s economy is recovering based on quarter one GDP estimates – GSS boss

The Government Statistician, Dr. Alhassan Iddrisu, has indicated that Ghana's economy is recovering, based on the first-quarter Gross Domestic Product (GDP) estimates. According to him,...

SML condemns OSP raid, warns of national revenue risks

Strategic Mobilisation Ghana Limited (SML) has strongly condemned what it describes as an “unwarranted and unjustified” raid by the Office of the Special Prosecutor...

Economy grew by 5.3% in quarter one 2025

Ghana's economy grew by 5.3% in the first quarter of 2025, up from the 4.9% recorded during the same period in 2024. The non-oil GDP...

Thirteen stocks record gains in May – GSE report

Thirteen stocks recorded gains in May 2025, the Ghana Stock Exchange (GSE) Summary of Financial and Economic Data has revealed. This is compared to 15...

BoG’s cumulative loss since 2007 redenomination hits GH¢82.79bn – Eight times its profit

Since the redenomination of the Ghana cedi in 2007, the Bank of Ghana (BoG) has accumulated losses totalling GH¢82.79 billion, according to data compiled...

World Bank predicts worst decade for global growth since 60s

The global economy will see the slowest decade for global growth since the 1960s as the effects of Donald Trump's tariffs are felt, the...

Detailed account of OSP’s raid on SML’s offices [Listen]

  The Strategic Mobilisation Ghana Limited (SML) has confirmed that its offices were raided by security operatives from the Office of the Special Prosecutor (OSP). Dr....

Parliament summons GUTA, others over refusal to reduce prices

The Committee on Trade, Industry, and Tourism of Parliament has summoned the Ghana Union of Traders Association (GUTA), the Association of Ghana Industries (AGI),...

Support ongoing payroll audit to protect public funds – Finance Minister urges Teacher Unions

Minister for Finance, Dr. Cassiel Ato Forson, has called on tertiary education unions to support the ongoing national payroll audit aimed at eliminating ghost...

Your Book and Research Allowances have been captured in this year’s budget – Ato Forson assures Teacher Unions

Minister for Finance, Dr. Cassiel Ato Forson, has assured tertiary education unions that the 2025 Budget fully provides for the payment of Book and...

GoldBod at the heart of Mahama’s economic recovery plan – Sammy Gyamfi

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has underscored the pivotal role of the newly established board in the...

IPPG raises concerns over new fuel levy

The International Perspective for Policy and Governance (IPPG) has expressed concern over the recent passage of the Energy Sector Levies (Amendment) Bill, 2025, which...

Ghana likely to miss 2024/2025 cocoa production target – COCOBOD CEO

Ghana is expected to fall short of its cocoa production target for the 2024/2025 crop season, according to the Ghana Cocoa Board (COCOBOD). Prior to...

Nana Ansah Sasraku III outlines SSNIT Board’s commitment to integrity and growth

Chairman of the newly constituted Board of Trustees of the Social Security and National Insurance Trust (SSNIT), Nana Ansah Sasraku III, has outlined the...

Education Minister inaugurates new CIHRM Council

The Minister of Education, Haruna Iddrisu (MP), has inaugurated the new Council of the Chartered Institute of Human Resource Management, Ghana (CIHRM). The 11-member CIHRM...

COPEC urges gov’t to scrap GH₵1 fuel levy, find innovative solutions

The Chamber of Petroleum Consumers (COPEC) has asked government to develop innovative ways to clear the power sector debt and not unnecessarily burden petroleum...

Total currency in circulation increased to GH₵71bn in 2024 – BoG

The total amount of money in circulation increased significantly from GH₵44 billion in 2023 to GH₵71 billion by the end of December 2024. This was...

Ecobank boss backs Bank of Ghana’s move for stable cedi

Group Chief Executive of Ecobank, Jeremy Awori, says he supports calls for Bank of Ghana intervention to maintain a fairly stable cedi exchange rate,...