4 h. ago Poorly performing SOEs pose fiscal risks to economic stability – World Bank warns  

On debt, it pointed out that Ghana’s public debt is assessed as sustainable in the medium term, contingent on completing external debt restructuring and maintaining strong fiscal discipline.

Events

11 h. ago Ghana’s growing youth population can drive growth if jobs follow, says World Bank

Ghana’s rapidly expanding youth population presents a major opportunity for economic growth, but only if the country can create the jobs to absorb new entrants into the labour market, the World Bank has warned.

Politics

11 h. ago World Bank warns COCOBOD’s mounting debts threaten Ghana’s cocoa sector

The World Bank’s latest Ghana Economic Update has raised concerns over the financial stability of the Ghana Cocoa Board (COCOBOD), warning that persistent operational and fiscal challenges could undermine one of the country’s most vital export industries. According to the report, despite record-high global cocoa prices, Ghana’s cocoa production remains weak, while COCOBOD owes significant […]

Events

12 h. ago Fix energy and cocoa sectors to protect economy – World Bank tells Ghana

The World Bank has urged Ghana to urgently address structural challenges in its energy and cocoa sectors as part of a broader push to safeguard the country’s economic stability and growth prospects.

Politics

17 h. ago CDS explains use of cocoa sacks in helicopter crash recovery

Lieutenant General William Agyapong, Chief of Defence Staff of the Ghana Armed Forces, has explained that cocoa sacks were used to transport the remains of eight helicopter crash victims due to severe heat damage.

Events

23 h. ago Ghana’s Power Utility Faces US$2.2 Billion Gap, Cocoa Board Strains Finances

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-power-utility-faces-us2-2-billion-gap-cocoa-board-strains-finances/Ghana’s state-owned enterprises risk derailing national finances, the World Bank warns. Without urgent reform, the Electricity Company of Ghana (ECG) will face a $2.2 billion funding gap by late 2025. This shortfall could spiral to $9 billion by 2026. Robert Taliercio, World Bank Country Director for Ghana, Sierra Leone, and Liberia, sounded the alarm at […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-power-utility-faces-us2-2-billion-gap-cocoa-board-strains-finances/

Economics

23 h. ago Ghana Fixed Income Trading Heats Up as Cocoa Board Bonds Dominate

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-fixed-income-trading-heats-up-as-cocoa-board-bonds-dominate/Ghana’s fixed income market saw concentrated activity in state-backed corporate paper on Wednesday, with a single Ghana Cocoa Board bond drawing 77.7 million cedis in trades. The 2028-maturity debt instrument overshadowed sovereign trading as investors navigated fiscal headwinds flagged hours earlier by the World Bank. You’d find the Cocoa Board’s 13% note maturing August 2028 […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-fixed-income-trading-heats-up-as-cocoa-board-bonds-dominate/

Politics

24 h. ago COCOBOD, Banks Chart Path for Successful 2025/26 Cocoa Season

News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/cocobod-banks-chart-path-for-successful-2025-26-cocoa-season/The Management of Ghana Cocoa Board (COCOBOD) has met with commercial banks in Ghana to discuss key issues affecting the cocoa industry and the role of the banking sector in the 2025/2026 cocoa season, which opened on August 7, 2025. Discussions at the meeting, which was attended by senior executives of COCOBOD and the Cocoa […] News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/cocobod-banks-chart-path-for-successful-2025-26-cocoa-season/

Politics

27 h. ago World Bank cautions BoG on excessive FX Interventions, calls for banking sector reforms

The World Bank has urged the Bank of Ghana (BoG) to avoid excessive foreign exchange (FX) interventions, warning that such actions could disrupt market balance and weaken economic resilience. This was contained in the latest Ghana Economic Update report, launched in Accra today, August 14, 2025 which emphasised the need for the central bank to […]

Politics

46 h. ago Ghana’s SOEs Bleed Billions as Water Losses, Cocoa Deficits Deepen

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-soes-bleed-billions-as-water-losses-cocoa-deficits-deepen/Ghana Water Company Limited wastes over half the treated water it produces daily for Greater Accra residents. Managing Director revealed the utility loses 73 million gallons each day through theft, illegal connections, and crumbling pipes, despite producing roughly 140 million gallons. Only about 67 million gallons are properly accounted for and billed. This massive leakage […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-soes-bleed-billions-as-water-losses-cocoa-deficits-deepen/

Politics

55 h. ago Ghana Cocoa Farmers See Little Gain from Price Surge, IMANI Reveals

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-see-little-gain-from-price-surge-imani-reveals/Record cocoa prices won’t automatically rescue Ghana’s struggling farmers, policy think tank IMANI Africa warns. Despite the government hiking producer prices, most smallholders still earn as little as GHC 5.90 daily per hectare barely enough to cover costs. The problem isn’t prices but productivity, IMANI stresses. With 70% of farmers tending plots under two hectares, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-see-little-gain-from-price-surge-imani-reveals/

Politics

2 d. ago Prof William Coffie appointed acting Managing Director of Cocoa Processing Company Limited

President John Dramani Mahama has appointed Prof William Coffie as the acting Managing Director of the Cocoa Processing Company Limited (CPC). This crucial appointment comes at a time when the CPC, a vital component of Ghana’s cocoa value chain, is facing significant financial and operational challenges. Prof Coffie is a distinguished financial economist, chartered accountant, […]

Politics

3 d. ago Inside Ghana’s cocoa: The pressure and the children caught in between

Just beyond the tree line that borders the forest reserve, Samuel Tobi stays on the farm alone while it rains, with his boots crunching over the wet, dead leaves on the ground.

Events

3 d. ago Digital Cedi Backed By Gold, Cocoa Proposed to Boost Stability

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/Ghana could anchor a future digital currency to its gold and cocoa reserves, creating a more stable foundation for monetary policy and reducing reliance on foreign financial systems, according to Professor Yegandi Imhotep Paul Alagidede, the Bank of Ghana Chair in Finance and Economics at the University of Ghana. Speaking at the launch of his […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/

Politics

3 d. ago Ghana Cocoa Farmers Reject Government’s Price Increase as Broken Promise

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-reject-governments-price-increase-as-broken-promise/Cocoa farmers across Ghana are protesting what they call a betrayal by President John Mahama’s administration after it failed to deliver a promised sixfold price increase. Last week’s announcement of a GHS128.75 per bag hike bringing prices to GHS3,228.75 fell drastically short of the GHS6,000 pledge central to Mahama’s 2024 election campaign. The gap leaves […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-reject-governments-price-increase-as-broken-promise/

Politics

4 d. ago Cedi’s Rise Squeezes Cocoa Farmers Despite Global Price Surge

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-rise-squeezes-cocoa-farmers-despite-global-price-surge/Ghana’s currency appreciation is delivering mixed blessings for its vital cocoa sector. While the cedi’s 40% gain this year bolsters national economic stability, it has sharply limited local benefits from soaring global cocoa prices. Farmers recently learned their produce will fetch only 4% more in cedis this season, despite international prices jumping over 60% in […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-rise-squeezes-cocoa-farmers-despite-global-price-surge/

Politics

6 d. ago Banking Expert Challenges Ghana’s Central Bank Over Lending Rate Vision

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-expert-challenges-ghanas-central-bank-over-lending-rate-vision/Banking consultant Dr. Richmond Atuahene has issued a stark warning: the Bank of Ghana Governor’s push for lower lending rates will fail unless the government urgently clears massive debts owed to contractors and power producers. His critique targets Governor Dr. Johnson Asiama’s recent declaration that the era of high borrowing costs is over. Atuahene argues […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-expert-challenges-ghanas-central-bank-over-lending-rate-vision/

Politics

6 d. ago Ghana Intensifies Child Labor Crackdown to Protect Cocoa Exports

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-intensifies-child-labor-crackdown-to-protect-cocoa-exports/Ghana is racing to secure its vital cocoa exports to Europe by eliminating child labor and ensuring full farm-to-port traceability before new EU regulations take effect in December 2025. The world’s second-largest cocoa producer faces high stakes: over 60% of its beans feed European chocolate markets now governed by strict EU Deforestation Regulation (EUDR) rules […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-intensifies-child-labor-crackdown-to-protect-cocoa-exports/

Politics

8 d. ago Federated Commodities Profit Soars 720% on Cocoa Price Surge

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/federated-commodities-profit-soars-720-on-cocoa-price-surge/Ghanaian agribusiness Federated Commodities PLC reported a sevenfold increase in net profit for the first nine months of 2025, driven by soaring cocoa prices and strategic debt reduction. Unaudited financials show net earnings jumped to GH¢47.1 million from GH¢5.7 million year-on-year, as turnover tripled to GH¢3.35 billion despite rising operational costs. The company slashed its […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/federated-commodities-profit-soars-720-on-cocoa-price-surge/

Economics

1 week ago Cocoa farmers are disappointed in Mahama for ‘failing to honour his promise’ – Ntim Fordjour

The Ranking Member of Parliament’s Defence and Interior Committee, Rev John Ntim Fordjour, has accused the Mahama-led administration of deceiving Ghana’s cocoa farmers with what he describes as empty promises and unfair pricing. 

Politics