Business

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.