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Fuel prices to drop from October 16, but LPG set to rise sharply – COMAC

Drivers can expect a small sigh of relief at the pump starting October 16, as petrol and diesel prices are set to go down...

Public money belongs to the people, not government officials – Ato Forson

Finance Minister Dr. Cassiel Ato Forson has called on public officials to account for every cedi entrusted to them and build systems that make...

GRA clarifies digital VAT system will not introduce new tax

The Ghana Revenue Authority (GRA) has dismissed reports suggesting that a new digital Value Added Tax (VAT) collection system will impose an additional 20...

Domestic VAT collections rise 11.5% in July as retail sales decline 1.5%

Consumer spending, proxied by domestic VAT collections and retail sales, posted a mixed performance in July 2026, compared with the corresponding period in 2025,...

GRA identifies about 100 additional foreign digital service providers for VAT collection

The Ghana Revenue Authority (GRA) has identified about 100 additional foreign digital service providers that are not charging Value Added Tax (VAT) and plans...

Digital VAT collection system will not add another 20% to existing charges – GRA clarifies

The Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Kwasi Sarpong, says the new digital Value Added Tax (VAT) collection system will not impose...

Cedi edges higher as GoldBod boosts dollar supply to banks

The Ghana cedi has recorded marginal gains against the US dollar on the interbank market for the second consecutive week, supported by improved foreign...

Bank of America hit with $1.2bn fine for money laundering failings

Bank of America has been fined $1.2bn (£910m) for failing to detect potential money laundering and other illegal activity, the US Treasury Department said...

Banks to charge 20% VAT on payments for Netflix, Zoom, TikTok and others

Commercial banks are preparing to apply 20 per cent Value Added Tax (VAT) to payments for cross-border digital services and e-commerce transactions made with...

Oil prices climb as traders weigh Saudi supply risk, Russian diesel flow

Oil prices climbed on Wednesday as traders weighed supply risk from fighting between Yemen's Iran-allied Houthis and Saudi Arabia against the ​prospect of increased...

Petrol, diesel prices set to fall from Oct. 16 as LPG faces 18.5% hike

Petrol and diesel prices are expected to fall marginally at the pumps from Friday, October 16, 2026, while liquefied petroleum gas (LPG) could see...

FUA Xpress launches 24-hour laundry facility to create jobs

A new large-scale laundry facility, FUA Xpress, has opened in East Legon, Accra, with a focus on creating employment opportunities while improving the delivery...

‘We have turned the tide’ – Ato Forson says Ghana is ready to take off

Finance Minister Dr. Cassiel Ato Forson says Ghana has turned the tide from economic crisis and laid the foundation for sustained progress, but has...

Ghana’s outlook brightens as IMF raises growth forecast to 5.7%, projects 4.8% inflation

The International Monetary Fund (IMF) has raised Ghana’s growth forecast for 2026 to 5.7% and cut its year-end inflation projection to 4.8%, signalling a...

GoldBod refines up to 90% of gold locally before export – Sammy Gyamfi

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, says between 80 and 90 per cent of the gold purchased and...

IMF raises Ghana’s 2026 growth forecast to 5.7%, sees inflation falling to 4.8%

The International Monetary Fund (IMF) has raised Ghana’s economic growth forecast for 2026 to 5.7% and projected year-end inflation at 4.8%, despite global economic...

Labour Minister signs MoU to create 5,000 overseas jobs for Ghanaians

Labour Minister Emmanuel Kwadwo Agyekum has signed a Memorandum of Understanding (MoU) with a United Arab Emirates-based company to facilitate the recruitment of up...

BoG proposes new rules to ensure banks can always pay customers when they need their Money

The Bank of Ghana (BoG) has proposed a new regulatory requirement that would compel banks to maintain sufficient high-quality liquid assets to cover their...

Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies

Oil prices slipped on Monday on expectations of more Russian supplies after US ‌President Donald Trump said Ukraine and Russia had agreed to halt...

GoldBod pumps US$255m into banks as festive dollar demand rises

The Ghana Gold Board (GoldBod) has sold US$255 million to commercial banks through its GoFX platform as it steps up efforts to support dollar...

Ato Forson leads Ghana to IMF–World Bank high-level meetings in Bangkok

Finance Minister Dr. Cassiel Ato Forson is leading Ghana’s delegation to the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World...

Treasury bill auction oversubscribed by 53.5% as yields fall across maturities

Government has raised approximately GH¢4.41 billion in its latest Treasury bill auction, exceeding its GH¢2.87 billion target by about 53.5% as investor demand remained...

New Economy will turn growth into jobs and transformation – Ato Forson

Finance Minister Dr Cassiel Ato Forson says the New Economy will address the structural weaknesses that have prevented Ghana’s economic growth from delivering enough...

BoG develops AI directive to promote innovation and address emerging risks in financial sector

The Bank of Ghana (BoG) is developing a directive to regulate the use of artificial intelligence (AI) in the financial sector, as it seeks...

New economy will tackle unemployment and restore hope – Ato Forson

Finance Minister Dr Cassiel Ato Forson says Ghana’s New Economy will confront the human cost of unemployment and address the barriers preventing young people,...

GRA clarifies GH¢807.68 airport duty payment after alleged extortion

The Ghana Revenue Authority (GRA) has defended the handling of a customs duty payment involving a passenger at the Accra International Airport, insisting that...

BoG to introduce Credit Risk Management Directive to curb rising non-performing loans in financial sector

The Bank of Ghana (BoG) has announced plans to issue a Credit Risk Management Directive to strengthen lending practices, improve loan recovery and address...

Prudential Bank secures GHS 1.13 billion investment from Bloom Africa Holdings

Prudential Bank Limited has received a major financial boost following regulatory approval from the Bank of Ghana for a GHS 1.13 billion investment by...

Mahama congratulates Kasapreko PLC on successful GSE listing

President John Mahama on Thursday paid a working visit to Kasapreko PLC, commending the company for its successful listing on the Ghana Stock Exchange...

We must properly account for every cedi of public money – Finance Minister

The Minister for Finance, Dr. Cassiel Ato Forson, has called for a renewed national commitment to recover, protect, and properly account for every cedi...

Jinapor warns energy sector board chairs, CEOs against toxic working relationships

The Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has warned board chairpersons and chief executives of state-owned energy institutions against toxic...

GRA invites Jamila Home management over alleged assault on officer

The management of Jamila Home, an antique showroom in Accra, has been invited by the Ghana Revenue Authority (GRA) to assist investigations into an...

GRA warns public against fake recruitment advert

Job seekers have been cautioned against a purported recruitment advert circulating in the name of the Ghana Revenue Authority (GRA), with a warning graphic...

Ghanaians urged to embrace insurance as eight tertiary institutions battle in 2026 debate

The National Insurance Commission (NIC) has called for intensified public education on insurance, urging Ghanaians to embrace insurance as a vital tool for protecting...

Mahama commissions expanded production line at Nestlé Ghana Ltd

President John Dramani Mahama on Thursday commissioned the expanded evaporated milk production line at Nestlé Ghana Limited in the industrial city of Tema.  President Mahama...

Model markets key to tackling foreign encroachment in informal retail – GIPA CEO

Ghana Investment Promotion Authority (GIPA) CEO Simon Madjie says government’s model markets offer the ultimate solution to foreign participation in Ghana’s informal retail sector. Speaking...

Jubilee, ENI partners announce $3.5bn investments in Ghana’s oil sector

Jubilee and ENI partners have announced investments totalling $3.5 billion in Ghana’s oil sector, Ghana Investment Promotion Authority (GIPA) CEO Simon Madjie has said. Speaking...

Foreign capital no passport to Ghana’s informal retail market – GIPA CEO

Ghana Investment Promotion Authority (GIPA) CEO Simon Madjie says no amount of foreign capital gives an investor the right to enter Ghana’s informal retail...

GRA warns public against attacking officers

The Ghana Revenue Authority (GRA) has cautioned the public against assaulting or obstructing its officers, warning that offenders will face the full force of...

New Economy must create jobs at scale for Ghana’s youth – Ato Forson

Finance Minister Dr Cassiel Ato Forson says Ghana’s next phase of economic transformation must focus on creating decent and productive jobs, particularly for the...