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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.