20 h. ago South African car exports to U.S. plunge as Trump tariffs bite

South African car exports to the United States dropped sharply in the first quarter of 2025, and tumbled more than 80% in April and May after import tariffs imposed by U.S. President Donald Trump hit automakers' sales, industry association Naamsa said.

Politics

5 d. ago BoG to cut policy rate by 300 basis points to 25% – IC Research

The Monetary Policy Committee (MPC) of the Bank of Ghana may cut the policy rate by 300 basis points to 25%. This is due to a sharp fall in inflation in June 2025 to 13.7%. “We maintain a dovish outlook for the July MPC meeting, raising our expected cut in the policy rate to at […]

Events

5 d. ago Inflation to end 2025 at 11.3%, July inflation to fall to 12.7% – Report

Headline inflation came in sharply below IC Research estimate for June 2025, reflecting a stronger-than-expected pass-through of the recent appreciation of the Ghanaian cedi and deepens its dovish expectation for the July 2025 Monetary Policy Committee meeting.

Politics

9 d. ago Resetting fiscal credibility: Why bond markets are taking notice

Ghana’s macroeconomic landscape is undergoing a fundamental reset. After navigating a turbulent period of high inflation, fiscal strain, and currency depreciation, the economy is now witnessing a notable recovery. A combination of falling inflation, a strengthening cedi, and reinforced fiscal discipline has driven a sharp decline in domestic bond yields. The turnaround in investor sentiment […]

Politics

1 week ago Stronger cedi, lower prices: Decathlon Ghana slashes prices by 35% on over 500 sports items

Decathlon Ghana has announced a major price drop, slashing prices by 35% on more than 500 sports products available both in-store and online.

Sport

2 w. ago TCDA sets new minimum producer price for shea nuts to strengthen sector sustainability, export compliance

The Tree Crops Development Authority (TCDA) has officially announced the Minimum Producer Price (MPP) for raw shea nuts (kernels) for the 2025 crop season. This strategic directive, aimed at boosting economic returns and sustainability in Ghana’s fast-growing shea sector, pegs the price at GH¢9.01 per kilogram, equivalent to GH¢765.63 per 85kg bag, effective July 1, […]

Politics

2 w. ago BoG forecast shows inflation to fall within 12% by end of 2025

The Bank of Ghana has revealed that its staff projections show a high probability of inflation getting to within 12.0% by the end of 2025 and further down to the medium-term target of 8 ± 2%. According to the May 2025 Monetary Policy Report, the inflation projections are subject to both upside and downside risks. […]

Politics

3 w. ago Prices still climbing despite falling inflation, says Prof Asuming

Prices in Ghana are still rising despite a consistent decline in inflation, according to economist Professor Patrick Asuming.

Economics

3 w. ago Producer Price Inflation falls sharply to 10.25% in May 2025, lowest since November 2023

The two most important contributors to the decline of producer price inflation in May 2025 were Mining and Quarrying (10.6 percentage points) and Manufacturing (9.5 percentage points), both accounting for 78.7% of PPI.

Economics

3 w. ago Producer price inflation falls sharply to 10.25% in May 2025, lowest since Nov. 2023

The two most important contributors to the decline of producer price inflation in May 2025 were Mining and Quarrying (10.6 percentage points) and Manufacturing (9.5 percentage points), both accounting for 78.7% of PPI.

Economics

4 w. ago Coconut Grove Hotels slash rates by up to 30% in response to strengthening Cedi, falling inflation

Coconut Grove Hotels, one of Ghana’s leading hospitality brands, with facilities in Accra, Elmina and Obuasi, has announced significant price reductions of between 15% and 30% in response to the recent appreciation of the Ghanaian Cedi and a nationwide decline in inflation. The decision comes as manufacturers, airlines, and businesses across the informal sector begin […]

Politics