Ghana has won a US$393.09 million tax arbitration against Tullow Ghana Limited, with an international tribunal upholding the GRA's assessment on business interruption insurance proceeds.
Energy analyst Ben Nsiah urges government to inject dollar reserves into the forex market to curb cedi depreciation and fuel prices before inflation wrecks the economy.
Energy analyst Ben Nsiah says Ghana has so far managed the impact of the US Iran war on fuel supplies and prices, but warns that the GH¢2 diesel intervention carries costs for the petroleum downstream sector.
ACEP is demanding greater scrutiny of petroleum pricing margins after an Auditor-General’s audit showed GH¢13.22 billion in UPPF receipts against GH¢11.17 billion in expenditure.
Tullow Oil directed about US$130 million of its US$134 million first-half 2026 capital expenditure to Ghana as Jubilee and TEN increasingly anchor the company’s production and investment strategy.
S&P Global Ratings has affirmed Ghana’s B-/B sovereign credit rating with a stable outlook, citing stronger gold exports and fiscal reforms while flagging risks from debt costs, GoldBod and the Bank of Ghana.
GoldBod has revised Ghana’s local gold assay regime from October 1, making XRF the definitive method for purity and payment while imposing a 0.7% discount where water density is used.
The Bank of Ghana says Governor Johnson Asiama stopped serving on the GoldBod Board on May 11, 2026, with Second Deputy Governor Matilda Asante-Asiedu now representing the central bank.
Bank of Ghana Governor Johnson Asiama says he resigned from the GoldBod Board about five months ago, responding to NPP concerns over a possible conflict of interest.
Finance Minister Cassiel Ato Forson says Ghana’s New Economy programme will boost local production, reduce import dependence and create jobs through targeted investment in productive sectors.
The Bank of Ghana has sold GH¢9.97 billion in 14-day bills at an annualised interest rate of 10.4977%, continuing efforts to manage short-term banking sector liquidity.
Tema Oil Refinery has received 950,000 barrels of Sankofa crude oil from GNPC for domestic refining, marking the first time the refinery has taken crude from the field.