5 h. ago Ghana’s inflation to remain on a downward trajectory in second

“The drop in price pressures reflects the cedi’s 50% appreciation against the dollar in April and May alongside a decline in global energy prices amid uncertainty surrounding US trade policy”, it added.

Events

10 h. ago Western North: Mahama promises cocoa farmers 70% of world market price

President John Dramani Mahama has pledged to ensure cocoa farmers receive a fairer share of global prices, promising that farmers will be paid 70% of the world market price for their cocoa.

Economics

11 h. ago COPEC lauds fuel allowance cut for political appointees, urges broader reforms

The Chamber of Petroleum Consumers-Ghana has welcomed the government’s decision to immediately scrap all fuel allowances for political appointees, describing the move as “commendable and forward-thinking,” while emphasising that further measures are needed. In a statement signed by the Executive Secretary, Duncan Amoah, the group noted that fuel allowances have, over the years, been enjoyed […]

Politics

12 h. ago Minority in Parliament label Mahama’s fuel allowance scrap as “settings” and PR gimmick

The Minority in Parliament has described President John Dramani Mahama’s decision to scrap fuel allowances and allocations for all political appointees as a populist move and “a PR gimmick.” President Mahama today, July 15, cancelled the payment and distribution of fuel to all political appointees as part of wider efforts to cut government spending and […]

Politics

12 h. ago 3 Key areas where scrapped fuel allowance money will be invested

The government has outlined key sectors where funds saved from the recently scrapped free fuel allocation for political appointees will be reinvested. Speaking on JoyFM on Tuesday, July 15, Deputy Presidential Spokesperson Shamima Muslim detailed the administration’s commitment to channelling these savings into critical social and development programmes, reinforcing President Mahama’s “reform and reset agenda”. […]

Politics

14 h. ago Mahama is seriously protecting the public purse – Joyce Bawah Mogtari

Special Advisor and aide to former President John Dramani Mahama, Joyce Bawah Mogtari, has lauded the President’s recent decision to cancel fuel allowances and allocations to government appointees. 

Politics

15 h. ago Ghana urgently needs a Pricing Regulatory Authority to stabilise the Economy

Ghana finds itself in a troubling economic cycle—where prices of goods and services continue to rise, often without justification or regulatory oversight. While global and local economic dynamics do play a role, the absence of a strong, specialised national pricing regulatory mechanism allows unchecked price escalation that hurts the consumer, especially the vulnerable. The time has come for Ghana to establish a Pricing Regulatory Commission or Authority, a body dedicated solely to monitoring, evaluating, and setting fair price thresholds for essential goods and services. This institution will be different from, and operate independently of, existing consumer protection structures. It will serve as a stabilising force in the economy and help restore confidence in market fairness.

Politics

15 h. ago Shamima Muslim applauds scrapping of fuel allowances for political appointees

Deputy Presidential Spokesperson, Shamima Muslim, has justified President John Mahama’s decision to scrap fuel allowances for all political appointees.

Politics

17 h. ago Too many Ghanaian businesses continue to price in US dollars – BoG Governor

Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has expressed concern over the persistent use of foreign currencies, particularly the US dollar, in domestic trade.

Economics

17 h. ago BoG considers price hedging programme for gold exports – Governor 

The Bank of Ghana Governor Dr. Johnson Asiama, has revealed that the Central Bank is considering price hedging programme for its gold exports.  The move, according to him, is to ensure that its loss is minimise, should the price of gold start declining due to developments on the international market.  The Governor of the Bank […]

Politics

25 h. ago Teddy bear made from fake human skin leads to California arrest

A man in California has been arrested after police say he staged a "macabre teddy bear" made to look as if it were constructed from human flesh at a petrol station.

Events

36 h. ago DSTV, Market Power, and the urgent case for competition (Antitrust) Law Reset

In March 2025, MultiChoice Ghana, the operator of DSTV, raised its subscription prices, triggering public backlash. Soon after, the Ghanaian cedi appreciated significantly against the US dollar, gaining roughly a third of its value. Despite the change in exchange rate, DSTV did not adjust its prices downward. From basic economics, a firm with no competitive […]

Politics

37 h. ago US Visa Restrictions fuel Ghanaian outrage, stoking economic concerns

A seismic shift in United States visa policy for Ghanaian citizens raises concerns about economic impact, educational dreams, and the very fabric of transnational families. Diplomatic and certain family-based visas continue to provide their multi-entry benefits. However, the new policy is a major setback for the majority, dramatically limiting travel for business, tourism, and especially student travel.

Politics

39 h. ago Government met only 3 out of 11 structural benchmarks, but taken strong actions to address rest – IMF

It mentioned that the quarterly electricity tariff adjustments (quarterly SB starting from end-January 2025) resumed only in April 2025 due to delays in appointing a new board of the energy sector regulator (PURC), while the publication of the audit of Electricity Company of Ghana (ECG)’s collections and uses (end-January 2025 SB) was achieved in February 2025 and covered a longer period than mandated by program conditionality.

Politics

41 h. ago Future of GH₵1 fuel levy hinges on energy sector performance – Energy Ministry

The Spokesperson and Head of the Communications Directorate at the Ministry of Energy, Richmond Rockson, has stated that the continuation or abolishment of the recently introduced GH₵1 fuel levy will depend on the future performance of the energy sector.

Politics

42 h. ago Irrationality of excessive exploitation of Azumah Resources: A case against unfair transactional value adjustments

In recent discussions surrounding the potential sale of Azumah Resources, a prominent gold exploration and mining company, a critical issue has emerged: the proposed demand for a change in the transactional value for the sale of 100% of Azumah Resources. This demand is based on fluctuating gold prices and seeks to adjust the sale price […]

Politics

5 d. ago Nigeria’s Dangote refinery plans 1.6 mln barrels fuel storage tanks in Namibia, sources say

Nigeria's Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 million barrels of gasoline and diesel to supply refined fuel to southern Africa, two sources told Reuters on Wednesday.

Events

6 d. ago Prof Bokpin backs the IMF call to BoG to reduce their FX interventions

Professor of Finance and Economics at the University of Ghana has backed the International Monetary Fund’s (IMF) recommendation for the Bank of Ghana to scale down its foreign exchange market interventions, warning that continued control by the central bank is distorting price signals and fuelling black market activity.

Politics

7 d. ago TOR throws light on premix composition amid sector reforms at stakeholder engagement

The Tema Oil Refinery (TOR) has clarified the composition and production process of premix fuel following public calls for greater technical understanding of the product used predominantly by Ghana’s fishing communities.

Politics

7 d. ago TOR dismisses claims of unchecked fuel dispatches, highlights strict multi

The Tema Oil Refinery (TOR) has refuted claims that fuel products, particularly premix fuel, are dispatched from its facility without proper oversight or verification.

Politics