
Ghana's Inflation Rises to 5.3% in June 2026 as Non-Food Prices Drive Increase
Ghana's inflation rate increased to 5.3% in June 2026 from 3.7% in May, driven mainly by higher non-food prices, according to the Ghana Statistical Service.

Ghana's inflation rate increased to 5.3% in June 2026 from 3.7% in May, driven mainly by higher non-food prices, according to the Ghana Statistical Service.

GOIL and StarOil have reduced fuel prices as Ghana enters the first pricing window of July 2026, driven by lower global crude oil prices and a stronger cedi.

The Bank of Ghana has withdrawn GH¢11.39 billion from the banking system through the sale of 14-day central bank bills to support liquidity management, monetary policy and inflation control.

Bank of Ghana Launches Sustainable Finance Roadmap to Drive Green Investment and Economic Growth

Tema Oil Refinery has presented nine years of audited financial statements, with the government reaffirming its commitment to modernising and recapitalising the state-owned refinery to strengthen Ghana's energy security.

Fuel prices are expected to decline from July 1, 2026, as falling global crude oil prices and a stronger cedi drive projected reductions in petrol, diesel and LPG prices, according to COPEC.

The Government of Ghana exceeded its Treasury bills target after raising GH¢6.01 billion at the latest auction, driven by strong investor demand, particularly for the 364-day bill.

Chinese Ambassador Cong Song says China supports Ghana’s drive for energy self reliance as Phase Two of the Sentuo Oil Refinery boosts local refining capacity to 100,000 barrels per day.

Government is reviewing the VAT exemption on locally assembled vehicles following concerns from industry players that the tax has slowed production, reduced competitiveness and threatened investments.

The Ghana Gold Board has signed a landmark agreement with the Ghana Chamber of Mines to purchase 30% of gold output from large scale mining companies, boosting reserves and supporting local refining.

Fitch reports that Ghana's macroeconomic fundamentals remain relatively shielded from global energy market disruptions caused by the US-Iran conflict, with inflation staying well below historical averages despite rising fuel costs.

Fitch Solutions has revised Ghana's 2026 real GDP growth forecast upward from 5.5% to 5.7% following a stronger-than-expected first-quarter expansion of 6.4% year-on-year.

Deputy Finance Minister Thomas Ampem Nyarko says the Gold Board purchased over 135 metric tonnes of gold between January 2025 and May 2026, generating more than $10 billion and boosting Ghana’s foreign reserves.

The Bank of Ghana has revised its dud cheque regulations, imposing a three-year ban on third-time offenders and introducing stricter sanctions to restore confidence in the payment system.

Agricultural Development Bank posted a profit after tax of GH¢367.29 million in 2025, supported by recapitalisation, improved revenue generation and stronger operational efficiency.

GHEITI Co-Chair Dr. Steve Manteaw says the misuse of mineral royalty revenues by district assemblies is preventing meaningful development in Ghana’s mining communities.

Government says the Energy Sector Shortfall and Debt Repayment Levy generated GH¢8.81 billion in 2025, while total spending on energy sector shortfalls and legacy debt reached GH¢22.67 billion.

The Ghana Revenue Authority is urging businesses and individuals to comply with tax laws as government seeks to strengthen domestic revenue mobilisation and reduce reliance on borrowing.

The Bank of Ghana absorbed GHS14.63 billion through Tender 867, selling 14-day Bank of Ghana bills at a 10.50% weighted average interest rate, signalling continued liquidity control.

GoldBod will replace live gold price updates with LBMA Gold Price AM and PM benchmarks from July 1, 2026, publishing two official cedi purchase prices daily and enforcing compliance under Act 1140.

Ghana Stock Exchange turnover jumped to GHS48.92 million on June 22, 2026, after a Kasapreko block trade drove an 18.81 million share session and pushed the stock to a new year high.

PURC says electricity tariffs will rise by 3.49% from July 1, 2026 after its Q3 review, driven by exchange rate movements, inflation, generation mix and natural gas costs.

GoldBod has met licensed gold traders to improve transparency and fairness in Ghana’s ASM gold trade, including adopting the LBMA pricing formula and recording trades within the LBMA window.

Ghana base lending rate remains one of the highest on the African continent despite a steep fall in the Bank of Ghana’s policy rate over the past year, according to the African Development Bank’s 2026 African Economic Outlook.

Ghana Stock Exchange turnover climbed to GHS17.15 million on June 19, 2026, with MTN Ghana accounting for over 70% of value traded, even as the stock closed slightly lower.

The Bank of Ghana sold GHS10 billion in 14-day Bank of Ghana bills at Tender 866, with a 10.50% weighted average interest rate, signalling continued liquidity control.

Energy Minister John Abdulai Jinapor says Africa's energy transition must prioritise energy access, industrialisation, job creation and affordability while advancing sustainability goals.

The Bank of Ghana's total assets increased by GH¢10.8 billion in March 2026, driven by strong growth in foreign assets, foreign securities, and gold reserves, signaling improved economic resilience.

Ghana Gold Board has secured international backing for its responsible sourcing, traceability, and artisanal mining reforms at the 2026 LBMA Sustainability & Responsible Sourcing Summit in London.

Ghana’s producer inflation increased to 5.8% in May 2026 from 2.7% in April, driven by higher prices in mining, manufacturing and transport sectors, according to the Ghana Statistical Service.

Ghana's Energy Minister says investments in transmission infrastructure and utility-scale solar are positioning Ghana as a regional electricity trader under the West African Power Pool, while power sector reform underpins President Mahama's Accra Reset industrial agenda.

Ghana's Energy Minister John Abdulai Jinapor says ongoing power sector reforms are already yielding measurable results, including stronger utility payment collections and improved investor confidence, as Ghana repositions as a regional industrial hub.

The Bank of Ghana has officially converted all Rural Banks into Community Banks as part of its 2026 microfinance sector reforms aimed at deepening financial inclusion across Ghana.

Ghana’s secondary bond market recorded its highest turnover since the Domestic Debt Exchange Programme, with trading activity rising 343% week-on-week to GH¢7.16 billion.

Bank of Ghana Governor Dr Johnson Asiama says Ghana's Composite Index of Economic Activity surged 12.6% in March 2026 while cautioning banks that improving conditions must not lead to weaker credit underwriting as NPLs remain elevated.

Bank of Ghana Governor Dr Johnson Asiama has announced significant improvements in Ghana's banking sector, with total assets expanding 26.6% to GHS 493.9 billion and the capital adequacy ratio rising sharply to 22.3% from 17.5% a year earlier.

Fuel prices drop across Ghana as GOIL, Star Oil and Zen Petroleum cut petrol and diesel prices following lower global crude oil prices and revised NPA price floors.

Government exceeded its Treasury bill target after raising GHS 8.29 billion in Tender 2011, with the 91-day bill dominating investor demand amid strong activity in Ghana’s fixed income market.

Kasapreko PLC rose 10% on its first trading day on the Ghana Stock Exchange as market turnover reached GH¢46.38 million, driven by strong activity in GCB Bank and MTN Ghana shares.

Kasapreko PLC has officially listed on the Ghana Stock Exchange after an oversubscribed IPO that exceeded its GH¢700 million target by GH¢1.73 billion, signaling renewed investor confidence in Ghana’s capital market.

Finance Minister Dr. Cassiel Ato Forson has urged Ghana and Côte d’Ivoire to deepen cooperation in the cocoa sector to protect farmers, strengthen economies and build a more resilient industry.

The National Petroleum Authority has announced new ex-pump price floors for petrol, diesel and LPG for the June 16–30, 2026 pricing window, with diesel maintaining the highest floor price.

Government exceeded its Treasury bill target by raising GHS 8.29 billion in the latest auction, driven by strong demand for 91-day bills and sustained investor appetite for short-term securities.

Gold prices climbed 2% after the United States and Iran reached a preliminary peace agreement, lowering oil prices, weakening the dollar, and boosting demand for bullion.

Oil prices dropped more than 4% after the United States and Iran announced an initial peace agreement that could reopen the Strait of Hormuz and restore global energy supplies.

ASEC's Executive Director Ing. Justice Ohene-Akoto is calling on GRIDCo and Ghana's energy sector to transition from reactive to predictive maintenance and build redundancy into critical grid infrastructure following the Akosombo Substation fire.

The Africa Sustainable Energy Centre says the Akosombo Substation fire resulted from pure engineering and structural failure, calling for immediate reforms to Ghana's transmission infrastructure, fire suppression systems, and protection coordination frameworks.

Ghana Gas CEO Judith Adjobah Blay has showcased Ghana’s energy investment opportunities at the Global Energy Show in Canada, highlighting major gas infrastructure projects and the country’s strategic role in West Africa’s energy sector.

Prestea Sankofa Gold Limited has signed an MoU with Kingmamo Resources Holdings to boost gold production, modernise operations and strengthen Ghana’s state-linked mining sector.

Tullow Oil says its Ghana drilling campaign is progressing strongly, with Jubilee production exceeding expectations and supporting higher-end 2026 output guidance.

The Ghana Stock Exchange recorded GHS 27.87 million in turnover on June 10, 2026, driven by strong trading in ZEN Petroleum Holdings, MTN Ghana and NewGold ETF.

The Bank of Ghana has absorbed GHS 24.80 billion through its latest 14-day bill auction as part of efforts to manage excess liquidity, support monetary policy, and maintain macroeconomic stability.

Ghana’s economy grew by 6.4% in the first quarter of 2026, supported by strong performances in services, mining, information and communication, and transport sectors.

Former Mines and Energy Committee Chairman Dr Kwabena Donkor says any renewal of Gold Fields’ Tarkwa mining lease must secure improved fiscal terms, stronger value retention, and greater benefits for Ghana.

The Bank of Ghana has absorbed GHS 17.24 billion from the market through its latest 14-day bill auction, reinforcing efforts to manage liquidity, support monetary stability, and contain inflationary pressures.

Ghana has revised its 2026 petroleum revenue projection from US$985 million to US$1.5 billion amid rising global oil prices, with government also expecting economic growth to exceed 6%.

Ghana Stock Exchange turnover reached GHS 13.94 million on June 8, 2026, driven by strong trading in NewGold, MTN Ghana and GCB Bank, amid cautious investor sentiment.

Ghanaian fintech entrepreneur Andrew Takyi-Appiah faces renewed scrutiny after Zeemoney Barbados ceased operations following regulatory action, while Zeepay Ghana battles a creditor’s winding-up petition in Accra.

Energy Minister John Abdulai Jinapor says the delivery of Jubilee crude oil to Sentuo Oil Refinery marks a major step toward local value addition, energy security, industrialisation, and job creation in Ghana.

The National Petroleum Authority marked World LPG Day 2026 by reaffirming its commitment to expanding LPG access, enhancing safety standards, and advancing Ghana’s clean energy transition.

Government has fully settled its GH¢1.05 billion SSNIT debt for 2024, with over 70% paid in cash, according to SSNIT Director-General Kwasi Afreh Biney.

Unilever Ghana has declared a final dividend of GH¢1.00 per share after reporting a strong 2025 financial performance, with profit rising to GH¢96 million and cash reserves reaching GH¢210 million.

Ghana’s gold production reached a historic 5.94 million ounces in 2025, with the mining sector contributing GHS24.22 billion to government revenue as small-scale mining overtook large-scale operations.

Oil prices climbed sharply after renewed military exchanges between Iran and Israel heightened concerns over Middle East stability, threatening peace talks and raising fears over global oil supply disruptions.

Ghana exceeded its Treasury bill auction target by raising GHS 5.83 billion, reflecting strong investor demand for short-term government securities despite declining yields.

Energy Minister Dr. John Abdulai Jinapor has directed developers of the Takoradi 900MW Power Plant to accelerate work and target completion by September 2027.

Ghana Stock Exchange turnover fell to GHS3.88 million on June 4, 2026, with MTN Ghana leading trading activity while losses in banking and energy stocks weighed on market sentiment.

The Bank of Ghana has absorbed GH¢11.28 billion through its latest 14-day bill auction as it intensifies efforts to manage liquidity, support price stability, and maintain favorable money market conditions.

Finance Minister Dr. Cassiel Ato Forson has raised concerns over mining lease transfers after renewals, as government prepares to decide the future of the Tarkwa Mine and implement reforms to maximise mining revenues.

Ghana’s transition to clean energy presents an opportunity to localise the solar PV industry, create jobs, support SMEs, attract investment, and drive economic transformation, according to ACEP.

Mozambique has enacted a new mining law requiring a minimum 15% state stake in all mining ventures and mandating local mineral processing to boost national benefits from natural resources.

Deputy Finance Minister Thomas Nyarko Ampem says government has released GH¢1.677 billion, representing 85% of the Ministry of Food and Agriculture’s 2026 budget, to boost food production and agricultural transformation.

Ghana's year-on-year inflation rate increased to 3.7% in May 2026 from 3.4% in April, driven mainly by higher food prices, according to the Ghana Statistical Service.

The Bank of Ghana will auction up to $1.2 billion in June 2026 under its Forex Intermediation Programme as it seeks to support market liquidity and manage cedi volatility.

The Ghana Stock Exchange closed higher despite declines in trading volume and turnover, with TotalEnergies leading gainers and MTN Ghana dominating market activity.

Energy Minister Dr. John Abdulai Jinapor says Ghana has secured over US$3.5 billion in oil and gas investment commitments as government reforms restore confidence in the energy sector.

Government says it will soon submit the Damang Gold Mine lease agreement to Parliament for ratification while defending continued operations at the mine following its takeover from Gold Fields.

Deputy Finance Minister Thomas Nyarko Ampem says West Africa spends up to US$4 billion annually importing rice and must invest in local production to strengthen food security and create jobs.

The Ghana Stock Exchange opened June with a turnover of GH¢31.78 million, driven by strong MTN Ghana trading activity and a sharp price gain by Zenith Bank Ghana.

The Bank of Ghana withdrew GH¢17.06 billion from the financial system through its latest 14-day bills auction as part of efforts to manage liquidity, contain inflation and support exchange rate stability.

Finance Minister Dr. Cassiel Ato Forson announces a new COCOBOD financing model to raise about US$1 billion through commercial papers to support cocoa bean purchases for the 2026/2027 crop season.

Finance Minister Dr. Cassiel Ato Forson says government will launch a new economy framework in the 2027 Budget to attract investment into agriculture, energy, mining, and infrastructure.

Goldman Sachs says rising oil prices may be eroding demand, potentially offsetting the impact of tighter global supplies and creating downside risks for crude prices.

Government raised GH¢4.87 billion from the latest Treasury bill auction, missing its GH¢5.89 billion target despite strong investor demand for short-term securities.

Ghana’s fuel market will see mixed adjustments in June 2026 as petrol and LPG price floors rise while diesel prices fall slightly under the latest NPA pricing outlook.

Energy Minister Dr John Abdulai Jinapor has praised workers and partners at Ghana’s TEN Fields after visiting the FPSO John Evans Atta Mills and Noble Venturer offshore facilities.

President John Mahama says urgent business regulatory reforms are critical to boosting productivity, attracting investment, and positioning Ghana as a competitive economy.

Finance Minister Dr Cassiel Ato Forson says Ghana’s AI-powered customs system at Tema and Takoradi ports is helping detect undervaluation and increasing daily revenue collection by millions of dollars.

The African Development Bank projects Ghana’s economy will expand by 5% in 2026 and 5.4% in 2027, supported by improving macroeconomic stability and stronger fiscal performance.

Energy Minister Dr John Abdulai Jinapor has warned ECG engineers against politicising their duties, announcing new monitoring systems and operational support to improve power supply reliability in Ghana.

The Ghana Stock Exchange closed mixed on May 26, 2026, as MTN Ghana’s decline weighed on the Composite Index despite stronger turnover and gains in selected equities.

Tema Oil Refinery has received one million barrels of Bonga Crude from Shell to support refining operations, improve energy security and reduce fuel imports in Ghana.
Ghana attracted an estimated US$2.61 billion in foreign direct investment inflows in 2025, driven by renewed investor confidence and improved economic stability.
MTN Ghana dominated trading on the Ghana Stock Exchange as turnover hit GH¢59.47 million, despite the telecom giant recording one of the session’s sharpest declines.

Ghana Gold Board has signed a new agreement with Royal Ghana Gold Refinery to refine up to one metric tonne of gold weekly as part of Ghana’s value addition strategy.

The Ghana Chamber of Mines is pushing for reforms to mining taxes and royalty distribution, warning that small-scale gold mining contributes too little to national revenue.

MTN Ghana dominated trading on the Ghana Stock Exchange as turnover reached GH¢4.90 million, while ZEN Petroleum emerged as the session’s top gainer.

ECG has invested over GH¢3 million in transformer upgrades and network improvements to stabilise electricity supply across 40 communities in Accra West.

The Bank of Ghana has absorbed GH¢21.89 billion from the financial system through its latest 14-day bill auction as part of efforts to manage liquidity and maintain macroeconomic stability.

Lands Minister Emmanuel Armah-Kofi Buah says government remains committed to maintaining investor confidence, policy stability and local participation in Ghana’s mining industry.

Deloitte warns that rising fuel prices could reverse Ghana’s disinflation gains in 2026, increasing pressure on transport costs, utilities and non-food inflation.

Ghana’s government raised GH¢3.93 billion in the latest Treasury bill auction, missing its target as investor demand weakened despite lower interest rates.

GOIL has announced a final dividend of GH¢0.06 per share for the 2025 financial year, subject to shareholder approval at its upcoming AGM.
Oil prices tumbled more than 5% in Asian trading after reports that a deal to reopen the Strait of Hormuz and extend the ceasefire is nearing completion.

COMAC Board Chairman Gabriel Kumi says sustainable downstream fuel supply is critical to Africa’s industrial growth, energy security, and long-term economic transformation.

GNPC showcased Ghana’s energy investment opportunities at OTC 2026 in Houston, highlighting partnerships, technology adoption, and sustainable growth in the upstream petroleum sector.

Ghana’s crude oil production has declined for the sixth consecutive year, falling to 37.3 million barrels in 2025, raising concerns about investment and the future of the oil and gas sector.

Petroleum Hub Development Corporation says Ghana has created a conducive environment for energy sector investment, with policies aimed at reducing risks and guaranteeing investor returns.

IMF Mission Chief Dr Ruben Atoyan says Ghana will access the final US$318 million tranche under its IMF programme after Board approval of the sixth review in July 2026.

Ghana’s Fixed Income Market recorded GH¢1.51 billion in trades on May 21, 2026, driven by sell/buy-back transactions and treasury bill activity amid falling yields and liquidity management.

Bank of Ghana Governor Dr Johnson Pandit Asiama says Ghana is emerging as a key contributor to the future of global financial markets through digital payments, fintech regulation, e-Cedi development and regional integration.

At the close of trading, the benchmark GSE Composite Index (GSE-CI) remained unchanged at 14,489.47 points.

The latest ruling overturns an earlier High Court judgment that upheld the Bank of Ghana’s decision to revoke the company’s licence during the financial sector reforms introduced in 2018.

Bank of Ghana Governor Dr Johnson Pandit Asiama says non-performing loans are expected to decline further as tighter regulations and improved supervision strengthen banking sector stability.

Ghana’s mobile money transaction value climbed to GH¢493.2 billion in April 2026, reflecting strong growth in digital payments, active accounts and mobile financial services.

The Bank of Ghana sold GH¢18.88 billion in 14-day bills at its latest auction as the central bank continues liquidity management amid falling interest rates.

Ghana’s export earnings climbed to $11.15 billion by April 2026, driven by strong gold exports and rising reserves, despite pressure from oil imports and cedi depreciation.

The Bank of Ghana’s Monetary Policy Committee is expected to maintain the policy rate at 14% as rising oil prices, cedi pressure and global risks complicate further monetary easing.

Ghana’s public debt dropped to 42.2% of GDP in February 2026 as fiscal balances improved and debt restructuring efforts continued to ease pressure on the economy.

Ghana Stock Exchange closes higher with gains in ZEN Petroleum and GCB Bank, while trading volumes and financial stocks face renewed pressure.

Energy Minister John Abdulai Jinapor says Africa’s transformation depends on reliable energy systems, industrialisation and strategic investments at the Africa Energy Technology Conference in Accra.

ISODEC has criticised Ghana’s proposed IMF Policy Coordination Instrument, arguing the country’s recent economic recovery was driven by local reforms rather than IMF intervention.

Standard Chartered plans to cut about 7,800 back-office jobs by 2030 as the bank accelerates artificial intelligence and automation across its global operations.

Ghana’s mineral royalty receipts rose by 40% to over GH₵2 billion in the first quarter of 2026, driven largely by strong gold prices, increased production and improved compliance efforts.

Damang Gold Mine has delivered 100% of its gold production to GoldBod for the second time, strengthening Ghana’s gold value retention strategy and supporting economic stability.

The Bank of Ghana says there is no forex crisis despite recent cedi depreciation, assuring businesses and investors that adequate dollar reserves remain available to support the market.

Government exceeded its Treasury bills target after raising GH¢5.48 billion in the latest auction, highlighting strong investor appetite for Ghana’s short-term securities despite declining yields.

Dr Steve Manteaw says Ghana should reform its free-carried interest in mining companies and improve mineral royalty governance to increase local benefits from mining.

Mining governance expert Dr Steve Manteaw says Gold Fields deserves lease renewal if obligations have been met, while urging Ghana to pursue strategic localisation in the mining sector.

Benjamin Boakye says Ghana must avoid policy unpredictability in the mining sector and pursue evidence-based reforms that protect investment stability and national benefits.

Africa Centre for Energy Policy Executive Director Benjamin Boakye says Ghana must clearly state its position on resource nationalism to protect investor confidence and economic stability.

Policy analyst Bright Simons says Ghana’s push to take control of its minerals should focus on better policies and citizen benefits rather than symbolic ownership changes in the mining sector.

Ghana says it will not return to the international capital market in 2026 as the government shifts to an IMF Policy Coordination Instrument focused on fiscal discipline and economic stability.

Ghana’s financial sector assets climbed to GH¢647.25 billion in 2025 as lower inflation, stronger growth and improved market confidence supported recovery across banking, pensions, insurance and capital markets.

NPA’s fuel price floors have increased for the second pricing window of May 2026, with diesel recording the highest jump as global crude oil volatility persists.

The IMF has urged Ghana to fast-track private sector participation in ECG operations, warning that inefficiencies in the energy sector continue to threaten fiscal stability and economic recovery.

The IMF has advised Ghana to maintain prudent monetary policy, strengthen the Bank of Ghana’s balance sheet and reinforce financial sector stability following a recent mission visit.

Ghana has officially concluded its IMF Extended Credit Facility programme and will transition to a non-financing Policy Coordination Instrument aimed at sustaining reforms, boosting investor confidence and supporting economic growth.

A sharp dispute has emerged over the future of Gold Fields’ Tarkwa Mine as the IEA pushes for greater Ghanaian ownership while the Chamber of Mines warns against damaging investor confidence.

Energy economist Aephaniel Owusu-Agyemang warns rising global oil prices could worsen fuel price inflation in Ghana, urging targeted government interventions instead of blanket subsidies.

Ghanaian fintech and e-commerce platform Hubtel has been ranked 48th on the Financial Times’ 2026 list of Africa’s fastest-growing companies after recording strong revenue growth between 2021 and 2024.

Trading on the Ghana Fixed Income Market reached GH₵1.52 billion on May 13, 2026, driven by Treasury bills and sell/buy-back transactions as investors maintain focus on liquidity and short-term securities.

Ghana recorded a 7.7% economic growth rate in February 2026, driven by strong performances in industry and services, according to the Ghana Statistical Service.

Mpraeso MP Davis Ansah Opoku has backed calls for greater Ghanaian ownership of the Tarkwa mine, arguing that local expertise and indigenous firms can manage Ghana’s mineral resources.

Former Chief Justice Sophia Akuffo says Ghana has the technical expertise and mining professionals needed to independently operate the Tarkwa mine without foreign operators.

The Institute of Economic Affairs is urging government to reject any extension of Gold Fields’ Tarkwa mine lease and prioritise greater Ghanaian ownership of strategic mineral assets.

The World Bank says Ghana can strengthen its regional and global trade position under AfCFTA despite rising global trade fragmentation and supply chain uncertainty.

Africa is losing an estimated $90 billion annually through illicit financial flows, raising concerns over tax evasion, weak regulation and declining public revenues.

The National Petroleum Authority has selected 268 fuel stations, eight depots and two refineries for the pilot phase of Ghana’s 24-hour economy programme.

Parliament’s Select Committee on Lands and Natural Resources has visited the Minerals Commission to assess regulatory operations, digitisation reforms and mining sector oversight.

JICA has pledged GH¢35 million to establish a rice seed production plant in Northern Ghana to improve food security and support Ghana’s rice sector.

Experts from Africa and Europe are meeting in Pretoria under the PanAfGeo+ programme to strengthen mineral governance, reporting standards and sustainable resource management.

MIIF and key state institutions have revived an inter-agency committee to improve monitoring, verification and collection of mineral royalties and mining revenues in Ghana.

Ghana’s banking sector recorded stronger capital levels, lower bad loans and increased lending activity in 2025, signaling a steady recovery from recent economic shocks.

Energy policy analyst Benjamin Nsiah is urging government to review Ghana’s Petroleum Act to guarantee Tema Oil Refinery consistent access to locally produced crude oil amid operational and financial challenges.

The Bank of Ghana sold GH¢19.06 billion in 14-day bills in its latest auction as the central bank intensified liquidity management amid lower inflation and declining market yields.

The new law establishes an independent Value for Money Office that will be responsible for reviewing public procurement processes, particularly sole-source contracts, to ensure efficiency, transparency and accountability in the use of state resources.

Ghana’s GoldBod says the GANRAP programme aims to purchase three tonnes of gold weekly to strengthen reserves, stabilise the cedi and generate over $400 million each week.

Ghana’s government accepted GH¢6.09 billion in the latest Treasury bill auction, exceeding its GH¢4.35 billion target as strong investor demand boosted short-term securities.

Ghana is considering processing excess eggs into powder and other products under a proposed poultry master plan aimed at reducing farmer losses and stabilising the poultry sector.

Atlantic Lithium has approved the transfer of Elevra Lithium’s rights and obligations in the Ewoyaa Lithium Project to Zhejiang Huayou Cobalt, paving the way for accelerated development of Ghana’s flagship lithium project.

Fitch Ratings has upgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating to ‘B’ from ‘B-’, citing falling debt, stronger reserves, fiscal discipline and robust economic growth.

COCOBOD plans to introduce cedi-denominated commercial notes to finance cocoa purchases from the 2026/27 season as Ghana restructures its cocoa financing model.

Former Finance Minister Seth Terkper says reforms in Ghana’s gold sector helped strengthen reserves, stabilise the cedi and improve management of gold exports.

Ghana has risen to become Africa’s eighth-largest economy in 2026 after GDP increased to $118.29 billion, driven by mining, ICT and financial services growth.

Energy Minister Dr. John Jinapor to embark on a working tour of major power infrastructure projects in Kumasi aimed at improving electricity supply and energy delivery.

The Civil Service Council has praised Ghana’s Finance Ministry for helping restore economic stability, citing cedi appreciation, fiscal reforms and renewed public confidence.

MIIF CEO Justina Nelson led a delegation to Newmont’s Ahafo North Mine to discuss royalties, sustainability, safety and responsible mining as Ghana deepens collaboration with mining firms.

Atlantic Lithium Limited has entered into a binding Scheme Implementation Deed with China's Zhejiang Huayou Cobalt for a US$210 million all-cash acquisition, valuing the Ghana-focused lithium developer at a 26.6% premium to its last closing share price.

Africa’s richest man Aliko Dangote has announced plans for a 20,000MW power project as part of a wider strategy to expand energy, fertiliser, LNG and infrastructure investments across Africa.

An IMF mission has urged the Bank of Ghana to conduct annual assessments of systemically important banks and publicly disclose the results to improve transparency and financial stability.

MTN Ghana dominated trading on the Ghana Stock Exchange as market turnover rebounded to GH¢21.64 million on May 6, 2026.

Ghana requires $22.6 billion in climate financing to strengthen resilience, support adaptation and advance its green transition agenda.

President Mahama and UAE President Sheikh Mohamed bin Zayed discuss energy cooperation, LNG investment and renewable energy partnerships.

Bank of Ghana Governor calls for expansion into digital credit, embedded finance and cross-border services to drive Africa digital finance growth.

GhIPSS outlines plans to boost digital financial integration in Africa through cross-border payment interoperability and innovation.

Ghana’s inflation edges up to 3.4% in April 2026, driven by services and non-food prices despite overall stability.

Ghana's stock market closed lower on Tuesday, May 5, 2026, with the GSE-Composite Index shedding 0.35% to 15,061.38 points and the Financial Stock Index dropping 1.46%, as traded volumes fell sharply across both equity and fixed income markets.

EU Ambassador Rune Skinnebach cautions that Ghana’s economic recovery could be short-lived without deeper structural reforms and stronger revenue systems.

Ghana positions itself as an investment destination as IMF talks near completion, with renewed investor confidence in economic recovery.

Ghana’s Reference Rate dips slightly to 10.03% in May 2026, raising prospects of lower lending rates for borrowers.

Gold Fields CEO Mike Fraser reaffirms commitment to Tarkwa Mine, seeking a 20-year lease extension and pledging significant reinvestment.

Ghana signs a key term sheet with Eni, Vitol and GNPC to expand gas production under the OCTP project, strengthening energy security.

TotalEnergies Marketing Ghana reports a drop in Q1 2026 profit to GH¢60.4m as revenue declines and operating costs rise despite stable margins.

Ghana engages large-scale mining companies under GANRAP to strengthen reserves, stabilise the cedi, and enhance gold acquisition systems.

Senyo Hosi argues the Bank of Ghana’s GH¢15.6bn loss reflects the cost of stabilising inflation, currency, and the economy, not failure.

Ghana faces a $1 billion arbitration claim over the Bogoso-Prestea mine, raising concerns about investor confidence and mining sector governance.

Ghana’s anti-smuggling taskforce curbs illegal gold trade, boosting ASM exports and strengthening foreign exchange inflows.

The US unveils Project Freedom to guide stranded ships through the Strait of Hormuz amid tensions with Iran, raising global security concerns.

Ghana misses treasury bill target, raising GH¢4.43bn as investors favour short-term instruments amid cautious market sentiment.

Ghana Fixed Income Market records GH¢2.52bn turnover, driven by strong activity in DDEP bonds and Treasury bills.

Ghana’s macroeconomic stabilisation helped prevent petrol prices from exceeding GH¢20 per litre despite global tensions, analyst says.

Ghanaian businesses view Bank of Ghana losses as necessary for macroeconomic stability but remain cautious about long-term sustainability.

President John Mahama announces a 1200MW gas-fired power plant to boost Ghana’s energy capacity, improve stability, and support economic growth.

Seven OPEC+ countries agree on a 188,000 barrels per day production adjustment for June 2026 to stabilise global oil markets.

NAIMOS arrests 49 suspected illegal miners after surviving an armed ambush in Nzema East, seizing cash, weapons, and suspected gold.

Akosombo Fire Preventable – ACEP Blames Negligence and Weak Accountability

Ghana Chamber of Mines calls on Bank of Ghana to publish disaggregated data on mining sector forex inflows to improve policy and transparency.

Analysis shows Bank of Ghana’s policy costs are essential for stabilising inflation, exchange rates, and economic confidence.

ZEN Petroleum records a sharp post-IPO rally on the Ghana Stock Exchange, driving market activity and boosting investor confidence.

Fuel prices in Ghana decline slightly in May 2026, with petrol and diesel seeing reductions as global oil trends ease pressure on the market.

Damang Gold Mine sells 100% of its first gold output to GoldBod for Bank of Ghana reserves, marking a historic move.

Fan Milk PLC reports strong Q1 2026 results with revenue up 33% and profit before tax rising 84%, driven by improved margins and efficiency.

Ghana’s PURC records a 98.67% complaint resolution rate in 2026, signaling stronger consumer protection and regulatory efficiency.

President Mahama says the Akosombo fire presents an opportunity to modernise infrastructure as power restoration efforts continue.

Finance Minister Cassiel Ato Forson files tax returns and calls for stronger tax compliance to support national development.

Ghana signs MoU with Blue Ventures Conservation to boost sustainable fisheries, tackle IUU fishing, and protect marine resources.

Falling cement prices in Ghana are easing construction cost pressures, though rising costs in other materials continue to impact the sector.

Global cocoa prices are expected to fall by over 50% in 2026 as supply recovers, according to the World Bank’s latest outlook.

Ghana begins IMF sixth review with focus on sustaining economic recovery, boosting private sector growth, and advancing reforms.

Finance Minister says Ghana’s IMF programme has stabilised the economy as the sixth review begins, with focus shifting to jobs and long-term reforms.

GoldBod reports revenue growth to GH¢970.8 million in 2025 while cutting costs, delivering a significant operational surplus.

Ghana’s building inflation slows to 2.2% in March 2026, marking 11 months of decline and easing construction cost pressures.

GOIL PLC hosts HSSEQ Week focusing on psychosocial workplace safety, with COMAC praising efforts to promote employee well-being and performance.

Ghana’s banking sector records strong growth with assets reaching GH¢465.4 billion in February 2026, reflecting improved stability, deposits, and capital strength.

Government restores fourth unit at Akosombo Dam as efforts intensify to stabilize Ghana’s power supply after recent outages caused by substation fire.

Ghana announces 2026 closed fishing season for marine fleet to restore fish stocks, enforce regulations, and promote sustainable fisheries management.

Minority in Parliament claims Ghana owes over $700 million to IPPs and fuel suppliers, raising concerns about the financial stability of the power sector.

Energy Ministry rejects claims of a power generation deficit in Ghana, saying installed capacity exceeds demand and outages are temporary disruptions.

Tullow Oil reports strong Ghana production growth, improved efficiency, and new investments to sustain output from Jubilee and TEN fields.

Ghana prepares for the IMF final review under its Extended Credit Facility, with government expressing confidence in a successful programme exit by August 2026.

GoldBod moves closer to signing a refining agreement with Royal Ghana Gold Refinery as Ghana pushes to process gold locally and end raw exports by 2030.

Government highlights falling inflation, a stabilising cedi, and improved external balances as proof of Ghana’s economic recovery progress.

ECG will release frequent power outage updates as repairs at the Akosombo Hydroelectric Plant evolve, Energy Minister John Jinapor announces.

ACEP calls for a load-shedding timetable, transparent communication, and investigations into Ghana’s power crisis following the Akosombo substation fire.

ACEP warns Ghana’s power crisis reflects deeper systemic failures, urging long-term reforms following Akosombo substation fire and widespread outages.

PURC insists current outages do not require a load-shedding timetable, citing technical issues and ongoing upgrades to stabilise power supply in Ghana.

MP Sammi Awuku calls on President Mahama to address unstable power supply as WASSCE and BECE candidates prepare for exams.

IMF delegation arrives in Accra for Ghana’s final ECF review, assessing fiscal performance, reforms, and eligibility for final funding tranche.

Ghana shuts down Akosombo Dam after devastating GRIDCo substation fire destroys key infrastructure, causing nationwide power outages.

Energy Minister orders nationwide audit of installations following Akosombo substation fire, aiming to boost safety and system resilience.

Adamus Resources Limited rejects allegations behind mining lease revocation, citing lack of due process and affirming compliance with Ghana’s laws.

GoldBod partners Better Brands Zimbabwe to establish ASM financing centre to boost productivity, formalisation, and transparency in Ghana’s mining sector.

Government revokes Adamus Resources Limited mining leases after investigations reveal illegal mining and environmental violations.

Energy Minister John Jinapor directs GRIDCo CEO to step aside pending investigations into Akosombo power control centre fire.

Ghana removes over 67,000 ghost names from public payroll, saving millions and strengthening financial discipline, says Deputy Finance Minister.

Minerals Commission CEO Isaac Tandoh warns that unsafe mining threatens lives, investment, and Ghana’s global reputation, urging stricter safety and environmental standards.

President Mahama highlights Ghana’s economic recovery and commits to a business-friendly environment, positioning the private sector as key to growth.

Deputy Finance Minister defends Publican AI system at Ghana’s ports, citing revenue gains, transparency, and improved customs efficiency despite trader resistance.

GOIL posts strong Q1 2026 profit growth driven by lower finance costs, improved margins, and stronger cash flow despite a slight revenue decline.

GoldBod meets small-scale miners to address gold purity losses and strengthen support for responsible mining in Ghana.

Finance Minister Ato Forson meets Queen Máxima to discuss financial inclusion and strategies to improve financial health in Ghana.

Ghana’s mining regulator gives Newmont, AngloGold Ashanti, and Zijin until December 2026 to comply with local contract mining rules or face sanctions.

ZEN Petroleum CEO William Tewiah outlines the company’s growth, mining sector dominance, and expansion across Ghana’s petroleum value chain.

Bank of Ghana Governor meets X content creators to address payout concerns and support digital service exports in Ghana.

NPA CEO Edudzi Tamakloe urges reforms to Ghana’s petroleum law, citing outdated regulations and evolving challenges in the downstream sector.

ZEN Petroleum lists 640 million shares on the Ghana Stock Exchange, adding a new energy stock to the market and expanding investment opportunities.

IMF projects Ghana’s debt-to-GDP ratio will increase to 53% in 2026, raising concerns about borrowing, growth, and fiscal sustainability.

Ghana Cylinder Manufacturing Company warns that nearly 30% of gas cylinders are unsafe, urging expansion of the Cylinder Recirculation Model nationwide.

Ghana Stock Exchange records gains led by banking stocks, though trading activity declines, signaling a narrow but strong market rally.

Importers and Exporters Association of Ghana supports new cap on Container Administrative Charges, calling it long overdue relief for traders.

Ghana’s domestic debt increased to GH¢333.8 billion in 2025, while the overall debt-to-GDP ratio declined due to cedi strength and fiscal discipline.

Karpowership Ghana is negotiating with government to extend its power supply agreement, aiming to sustain reliable electricity delivery.

Ghana and Norway deepen cooperation on a Blue Economy strategy, focusing on sustainable fisheries, marine protection, and ocean governance.

GETFund disburses GH₵199.47 million to settle outstanding payments for perishable supplies under Ghana’s Free SHS and TVET programmes.

Ghana’s MIIF posts record GH₵5.43bn in mineral royalty inflows in 2025, driven by stronger compliance and improved oversight in the mining sector.

ECG Managing Director Kwame Kpekpena apologises for power outages in Ghana, promising reforms to improve reliability and customer response.

President Mahama says Ghana will sustain single-digit inflation after rate drops to 3.2%, citing fiscal discipline and prudent policies.

Ghana records growth in consumer spending with VAT and retail sales rising year-on-year in January 2026, despite monthly declines.

Vice President Naana Jane Opoku-Agyemang backs tomato production investment with GB Foods to reduce imports and strengthen agribusiness in Ghana.

Bank of Ghana Governor Johnson Asiama says remittances reached $7.8bn in 2025, urging a shift toward diaspora investment to boost economic growth.

Engineers & Planners’ takeover of Damang Mine marks a major shift from contractor to owner, highlighting growing Ghanaian capacity in large-scale mining operations.

President Mahama inspects new transformers in Tamale, reaffirming commitment to stable electricity supply under the Resetting Ghana agenda.

Engineers and Planners officially takes over Damang Mine, with CEO Ibrahim Mahama pledging major investments and infrastructure development.

Ghana’s non-traditional exports surge 30.7% to $5 billion in 2025, driven by cocoa derivatives, manufacturing, and strong global demand.

IMF expresses optimism about Ghana’s economic outlook ahead of its 2026 programme exit but warns fiscal discipline is key to sustaining gains.

GCB Bank declares GH₵1.00 dividend for 2025 after Bank of Ghana approval, backed by strong financial performance and profit growth.

ECG completes Phase Two transformer upgrade at Lashibi Primary Substation ahead of schedule, improving power reliability and reducing outages.

Ghana’s cedi and Zambia’s kwacha expected to weaken, while Kenya and Uganda currencies remain stable amid easing FX demand.

Bank of Ghana highlights inter-agency collaboration and intelligence-led operations to combat cybercrime and financial fraud.

Finance Minister Ato Forson says Ghana’s economic reforms are driving growth, stabilising the cedi, and restoring investor confidence.

Financial analyst Richmond Atuahene cautions that Ghana cedi stability could weaken exports and deepen import dependence, urging a shift to export-led growth.

National Petroleum Authority sets new fuel price floor for April 16, with diesel dropping significantly while LPG records a slight increase.

Diesel prices expected to fall slightly while petrol rises nearly 2% in Ghana as government intervention cushions impact of rising global oil prices.

Government absorbs GH¢2 per litre on diesel and GH¢0.36 on petrol to cushion consumers as global oil prices rise, effective April 16, 2026.

IMF revises Ghana’s 2026 growth forecast to 4.8% amid improved economic outlook, while warning of global risks tied to geopolitical tensions and inflation pressures.

Energy Minister John Jinapor warns ECG district offices over poor performance and delays in addressing power outages, hinting at possible shake-up.

Ghana launches its first Marine Protected Area in the Greater Cape Three Points Area to boost marine conservation and sustainable fishing.

CEMSE Proposes Balanced Petroleum Tax Cuts to Cushion Ghanaians from War-Driven Fuel Price Surge

Bank of Ghana Governor calls for urgent IMF reforms to tackle Africa’s debt distress, climate shocks, and financing pressures.

CalBank reports strong Q1 2026 financial results with profit nearly tripling, driven by growth in income and improved asset quality.

Ghana’s Agriculture Ministry signs MoU with Sentuo Group to establish cashew processing and fertilizer plants, advancing agro-industrial development.

The Ghana Insurers Association reaffirms commitment to competition and transparency following SIGA’s clarification on state enterprise insurance procurement.

Ghana records a historic $4.2 billion trade surplus in Q4 2025, driven by strong gold exports and improved external sector performance.

IMANI Africa, COPEC, and partners propose a GH¢1.65 reduction in fuel prices to ease economic pressure on Ghanaians amid rising global uncertainties.

Ghana’s economic recovery has been highlighted at the IMF-World Bank Spring Meetings, with Finance Minister Ato Forson presenting strong growth, lower inflation, and improved fiscal performance.

COPEC is proposing a temporary 50% reduction in the dumsor levy to cut fuel prices and ease cost pressures on consumers while maintaining energy sector stability.

Cassiel Ato Forson has declared that Ghana debt sustainability is now within reach, signaling a shift from economic stabilisation toward a growth-driven recovery.

Moody’s Ghana Outlook Upgraded to Positive Amid Improving Financing Conditions

COMAC CEO calls for transparency on dumsor levy proceeds as government moves to cut fuel prices, urging accountability and clarity on tax adjustments.

Ghana Stock Exchange records declines in key indices as selling pressure drags market performance despite strong year-to-date gains.

Afreximbank reports 19% rise in net income to $1.2 billion in 2025, driven by trade finance demand and strong balance sheet expansion.

Ghana government plans to remove some fuel taxes and margins to reduce pump prices and cushion consumers amid global oil market disruptions.

EBID reports strong financial and operational growth in 2025 as Ghana’s Finance Minister Ato Forson calls on member states to meet capital obligations at Accra session.

The Ghana Industrial Trawlers Association has praised government for reinstating fishing licenses for four industrial vessels, calling the move a boost for confidence and regulatory fairness.

Ghana cedi slips slightly amid rising forex demand. Mild correction recorded across major currencies

Trade Minister Elizabeth Ofosu-Adjare says Ghana must move beyond symbolism and demonstrate that AfCFTA can deliver real trade, exports and industrial growth from Accra.

ECG will invest GH¢240 million in transformer replacement and upgrades across parts of Accra, with planned outages expected as work begins on April 8, 2026.

IC Insights forecasts Ghana's inflation will tick up to 3.4% year-on-year in April 2026, driven by rising global energy prices linked to the Middle East conflict and a 4.9% year-to-date depreciation of the cedi.

Ghana's headline inflation declined to 3.2% year-on-year in March 2026, the 15th consecutive month of disinflation, as food and non-food price pressures remained broadly contained despite emerging energy cost risks.

A new McKinsey report identifies six strategic themes — from AI industrialisation to financial inclusion — that will determine which African banks succeed in the post-rate-cycle era leading to 2030.

Development Bank Ghana has begun consultations with stakeholders in the oil palm value chain as government prepares a US$500 million financing package to boost production, cut imports, and create jobs.

Trading on the Ghana Stock Exchange opens with MTN Ghana leading market momentum, even as financial stocks and weaker liquidity raise concerns about the durability of the rally.

Ghana onion truck blockade concerns are deepening after the Ghana Onion Sellers Association warned that political interference is disrupting supplies and could trigger sharp price increases in local markets.

Ghana onion supply disruption is looming after several trucks transporting onions from Niger through Nigeria were reportedly seized, threatening supplies to markets across the country.

Africa's SME banking segment is projected to grow at 8% CAGR through 2030, as digital payments, mobile money, and fintech innovation unlock credit for millions of previously underserved businesses.

African banks delivered a return on equity of 19% in 2024, far outpacing the global banking average of 10%, driven by high interest rates, loan growth, and foreign exchange gains, according to a new McKinsey report.

President Mahama says Ghana’s reliance on tomato imports is unsustainable and has launched a crisis production programme to boost local agriculture and processing.

President Mahama has called an emergency cabinet meeting to consider urgent measures to cushion Ghanaians against rising fuel prices amid Middle East tensions.

Stanbic Bank Ghana posted a 38.4% rise in profit after tax in 2025, driven by strong trading income, improved asset quality, and diversified revenue growth.

CBOD CEO Dr Patrick Ofori says Ghana’s petroleum supply remains relatively stable despite concerns over limited stock levels and storage capacity.

Dr Mohammed Amin Adam argued that reducing levies on fuel products would not undermine Ghana’s 2026 budget.

IRENA says global renewable energy capacity surged 15.5% in 2025

Historic Earnings Signal New Phase of Growth

The GPRTU fuel taxes transport fares debate has intensified after the Ghana Private Road Transport Union issued a 48-hour ultimatum to government to abolish fuel-related taxes or face a possible nationwide increase in transport fares.

Ghana’s inflation rate eased to 3.2% in March 2026, the lowest since 2021, despite global fuel price pressures and rising service costs.

OmniBSIC Bank Ghana has posted a 104% rise in profit before tax for 2025, with strong growth in assets, deposits, liquidity and capital adequacy.

ACEP Executive Director Ben Boakye is urging government to incentivise in-country fuel storage and strategic reserves as Ghana faces rising pump prices and global supply risks.

A USDA annual report says Ghana’s food processing ingredients imports reached $1.27 billion in 2025 as demand for convenience foods and local production gaps continue to shape the market.

First National Bank Ghana reported GH¢106.8 million profit after tax in 2025, supported by stronger income, deposit growth, improved capital, and lower bad loans.

Government signals possible fuel tax review as global oil prices threaten pump prices in Ghana

Government has set an initial pricing guidance of 12%–12.5% for its new 7-year cedi bond as Ghana returns to the domestic bond market for the first time since 2022.

Government has renewed its call for large-scale investment in women-led businesses, with plans to launch a Women’s Development Bank to support female entrepreneurs across Ghana.

Mahama signals fuel price intervention as global oil volatility threatens pump prices

Finance Minister Cassiel Ato Forson says Ghana has signed its 11th bilateral debt restructuring agreement with EXIM India as government pushes debt sustainability reforms.

S&P Global Ratings has affirmed Ghana’s sovereign credit rating at B-/B with a stable outlook, citing fiscal reforms, stronger reserves, and improving external balances.

Government has allocated $6 million to support Ghana’s tree crop sector, with new measures targeting oil palm expansion, farmer registration and anti-galamsey enforcement.

GCB Bank ended 2025 with stronger capital, lower bad loans and a 215.7% rise in share price, as its new medium-term strategy begins to reshape the business.

GCB Bank has posted a record GHS3.17 billion profit before tax for 2025, driven by strong deposit growth, loan expansion, rising fee income and disciplined execution.

Ghana will issue its first local-currency bond since the 2022 debt default as government seeks to rebuild market confidence and finance the 2026 budget.

Food and Agriculture Minister Eric Opoku outlines Ghana’s tomato sovereignty plan, including improved seeds, irrigation and backyard gardening after Burkina Faso’s export ban.

Bank of Ghana Governor Johnson Asiama and GEXIM officials call for closer alignment between monetary policy and trade finance to strengthen export competitiveness.

Vice President Jane Naana Opoku-Agyemang urges GEXIM to move beyond lending and lead Ghana’s value addition and export competitiveness agenda.

Ghana launches the Bank of Ghana Cyber and Information Security Directive 2026 to boost cyber resilience, protect financial data and strengthen trust in the digital economy.

Parliament passes the Value for Money Office Bill 2026 to improve efficiency, transparency and accountability in Ghana’s public spending and procurement.

Fitch Ratings affirms Ghana’s credit rating at B-, citing governance indicators, recovery assumptions, and fiscal outlook risks and opportunities.

Ghana and the UK review the Trade Partnership Agreement at five years, focusing on diversification, dispute resolution, and services trade growth.

President Mahama unveils free fertiliser policy for 2026 to support farmers and reduce losses, alongside new agricultural infrastructure projects.

President Mahama breaks ground for Ghana’s first farmers’ service centre in Afram Plains to boost productivity, jobs, and agricultural transformation.

COPEC calls for a review of fuel taxes as rising global prices push petrol and diesel costs higher, increasing pressure on consumers.

Ewoyaa Lithium Project Ratified by Parliament After Years of Debate

Ghana Gold Board CEO Sammy Gyamfi backs Bank of Ghana’s gold reserve diversification strategy, citing falling gold prices and the need for stability.

Vice President Jane Naana Opoku-Agyeman praises Agric Minister Eric Opoku for driving Ghana’s agricultural agenda, boosting food production and reducing food inflation.

Newmont Ghana pays GH¢12.8 billion in taxes and statutory payments in 2025, reinforcing its role as a top contributor to national revenue.

Bank of Ghana reduces policy rate to 14% to support economic growth and ease borrowing costs amid global uncertainties.

President Mahama reveals Ghana’s energy sector crisis has cost over $8bn, straining public finances and limiting spending on wages and development.

Finance Minister Ato Forson warns Ghana’s wage bill is unsustainable, revealing government borrowed GH¢17 billion to pay salaries.

Ghana records 6.0% GDP growth in 2025, driven by strong performance in services and non-oil sectors, according to official data.

President John Mahama stresses the importance of innovation and technology in transforming agriculture at the Ghana AgroTech Fair 2026.

President John Mahama launches Ghana AgroTech Fair 2026, stressing the role of innovation and local technology in transforming agriculture.

Ghana’s Trade Minister Elizabeth Ofosu-Adjare calls for pragmatic, country-led solutions to boost intra-African trade at the African Trade Conference 2026.

Bank of Ghana Governor Johnson Asiama says Ghana’s international reserves have increased to $14.5 billion, strengthening the country’s ability to withstand external shocks.

Finance Minister Cassiel Ato Forson meets World Bank’s Paschal Donohoe to discuss Ghana’s economic transformation and strategies for job creation.

Bank of Ghana Governor Johnson Asiama warns that Middle East tensions and rising oil prices could threaten Ghana’s disinflation progress.

Dalex Finance CEO Joe Jackson warns that disruptions in the Strait of Hormuz could increase fuel costs and drive food inflation in Ghana.

Ghana’s Parliament reduces the Growth and Sustainability Levy on gold mining companies from 3% to 1% as part of reforms to support the mining sector.

Petrol, diesel and LPG prices in Ghana are projected to rise sharply from March 16, 2026, following global crude oil price increases and new price floors.

President John Dramani Mahama commissions the MT Asharami Ghana LPG carrier in South Korea to strengthen Ghana’s LPG supply chain and improve fuel distribution reliability.

Tema Oil Refinery’s return to full operations could improve fuel supply stability in Ghana and help ease pressure on pump prices, according to Technical Advisor Nana Amoasi VII.

Argus Media Vice-President James Gooder says Ghana’s growing oil exports are boosting infrastructure investment, LPG production, and transparency in West Africa’s energy markets.

SEC Ghana admits 11 companies into its virtual asset regulatory sandbox to test fintech and crypto-related services under the Virtual Asset Service Providers Act, 2025.

Industry highlights gaps in refining and logistics

Government calls for urgent reforms to ensure faster movement of goods in Ghana, reduce trade bottlenecks and improve efficiency at ports and borders.

Ghana Agrotech Fair 2026 opens in Accra from March 17–19 to showcase local agricultural technology, promote agro-processing, and accelerate innovation in Ghana’s agribusiness sector.

The Ghana Chamber of Mines proposes an alternative gold royalty framework capped at 8% with a 1% community development levy to balance government revenue and mining sector sustainability.

COMAC urges stronger technological coordination across Ghana’s petroleum management systems after a petroleum supply disruption linked to ERDMS rather than ICUMS.

Policy analyst Steve Manteaw raises concerns over consultation gaps in Ghana’s new mining royalty policy as the sliding-scale regime takes effect.

Bank of Ghana Governor Johnson Asiama says the gold sale was a strategic reserve diversification move and not a loss of Ghana’s national assets.

Finance Minister announces a ban on land transit of selected goods through Ghana’s borders to curb revenue leakages and strengthen customs control.

Ghana hosts a Kimberley Process Ghana review visit aimed at strengthening transparency, accountability and responsible governance in the country’s diamond trade.

Government plans to establish over 250 Farm Service Centres across Ghana within four years to improve farmers’ access to mechanisation, inputs and agricultural support services.

Ghana faces a potential fertilizer supply crisis as Middle East tensions disrupt global shipping through the Strait of Hormuz, raising concerns about food security and rising fertilizer costs.

COPEC is urging the government to establish a strategic fuel reserve Ghana fund to build emergency petroleum stocks and protect the economy from global supply disruptions.

President John Mahama signs the 24-Hour Economy Authority Bill into law, launching full implementation of Ghana’s flagship economic policy aimed at boosting productivity and creating jobs.

Ghana bans land transit of rice, tomato paste and mackerel to curb diversion schemes, protect domestic manufacturers and strengthen customs enforcement.

President John Dramani Mahama assures the private sector of a stable and transparent policy environment to support business growth and investment in Ghana.

Energy Minister Dr. John Abdulai Jinapor meets petroleum stakeholders to safeguard Ghana fuel security amid Middle East crisis and global oil market volatility.

The Office of the Registrar of Companies warns businesses to meet the April 30 Annual Returns deadline or face penalties, daily fines and possible delisting.

The Bank of Ghana 14-day bill auction mops up GH¢13.9 billion as part of liquidity tightening measures to sustain disinflation, with yields settling at 11.90%.

Ghana’s Finance Ministry has lifted DDEP bond issuance restrictions, allowing new longer-term domestic bonds as investor confidence and macroeconomic conditions improve.

Ghana has fallen to 53rd in the 2025 Global Mining Investment Attractiveness Index as policy concerns and global competition reshape investor sentiment.

The National Petroleum Authority assures Ghanaians that fuel stocks will last several weeks despite global oil market uncertainty caused by Middle East tensions.

Global oil prices have surged following the Strait of Hormuz blockade, raising concerns about possible fuel price increases in Ghana.

President Mahama says the Feed Ghana Programme is reducing food inflation, boosting production, and strengthening food security under Ghana’s Agriculture for Economic Transformation Agenda.

New gold-backed framework targets stronger external buffers.

A witness in court has admitted that fuel sold at the Atimpoku Shell filling station was contaminated with water, confirming allegations that unsuspecting motorists purchased adulterated petroleum products.

COCOBOD denies claims it diverted GH¢12 million meant for cocoa farmers to sponsor the Black Stars, assuring stakeholders that farmer welfare remains its top priority.

Ghana launches its first national reserve policy, GANRAP, targeting 15 months of import cover by 2028 through gold-backed accumulation and structural reforms.

The Office of the Special Prosecutor is probing a suspected palm oil diversion corruption scheme involving Customs officers, security operatives, and an estimated GHS10.5 million tax loss.

Government officials say the 24-Hour Economy initiative aims to create 200,000 jobs this year as industrial projects roll out.

The troubled Bogoso-Prestea mine has resumed production after two years, but community petitions and funding concerns remain unresolved.

Deputy Finance Minister Thomas Nyarko Ampem says government could consider reducing some taxes and import duties if it succeeds in plugging revenue leakages, as a recent customs enforcement operation raises fresh concerns over compliance and fairness in the tax system.

Ghana’s public debt declined sharply between 2024 and 2025, signaling a significant shift in fiscal stability as inflation and deficit levels also improved.

Ghana’s Parliament has approved licence extensions for major offshore oil fields, unlocking billions in investment and securing long-term production.

President John Mahama has signed the 24-Hour Economy Authority Bill into law, launching implementation of a flagship policy aimed at boosting jobs, productivity, and investment.

Gold Fields will hand over Ghana’s Damang Mine to the state in April, a move analysts say could reshape investor confidence and mining policy direction.

Government settles latest interest payment under its domestic debt exchange programme as authorities seek to stabilize markets and restore investor trust.

Ghana’s Government Statistician says producer prices rose 3.3% month-on-month in January 2026, a sign that short-term cost pressures are strengthening even as year-on-year producer inflation remains moderate, urging consumers, firms and policymakers to avoid overreacting.

The Government of Ghana has paid GH₵10 billion in interest under the Domestic Debt Exchange Programme, marking its sixth coupon settlement and reinforcing investor confidence in the country’s fiscal recovery.

Excerpt: President discloses he owns cocoa farms affected by price cuts, announces major policy shift to end raw exports of cashew, shea, and rubber.