Come clean, tell Ghanaians the truth – Gov’t told over GH¢1 fuel levy [Audio]
The African Institute of Energy Sustainability (AIES) has challenged the government over the newly approved GH¢1 Energy Sector Levy, commonly referred to as the...
ESLA raised GH¢9bn but power crisis remains – AOMCs CEO
The CEO of the Association of Oil Marketing Companies (AOMCs) has questioned the impact of the Energy Sector Levy Act (ESLA), after Parliament approved...
GH¢1 levy won’t fix a broken system – AOMCs CEO warns
The CEO of the Association of Oil Marketing Companies (AOMCs) says the recently approved GH¢1 energy sector levy on petroleum products will not fix...
Independent Power Generators back GH¢1 Energy Sector Levy
The Independent Power Generators Ghana (IPGG) has welcomed the introduction of the GH¢1 Energy Sector Levy, describing it as a necessary measure to restore...
BoG moves to block remittance leakages to stabilise cedi
As part of measures to stabilise the cedi, the Bank of Ghana (BoG) has initiated plans to tighten controls and block all leakages in...
They’ve brought E-levy Pro Max – Alhassan Tampuli reacts to ‘Dumsor Levy’
Member of Parliament for Gushegu and former Deputy Transport Minister, Alhassan Tampuli, has taken a swipe at the National Democratic Congress (NDC) government over...
E-Levy was a misplaced priority but GH¢1 fuel levy is different – Prof. Bokpin
Economist and Professor of Finance at the University of Ghana, Godfred Bokpin, has explained that there is a significant difference between the E-levy and...
GH¢1 fuel levy difficult, but necessary – Mahama [Video]
President John Mahama has justified the decision to impose a GH¢1 new levy on petroleum products, describing the move as difficult but a necessary...
Explainer: Why petrol and diesel just got GH₵1 more expensive
In the early hours of June 4th, 2025, Ghana’s Parliament approved a GH₵1 increase to the Energy Sector Shortfall and Debt Repayment Levy on...
GH¢1 fuel levy needed to clear energy debt – Dr Kwabena Donkor
Former Minister for Energy, Dr Kwabena Donkor, has justified the newly introduced GH¢1 fuel levy, arguing that it is a necessary step to help...
AIES urges gov’t to scrap ‘dumsor levy’ over economic hardship
The African Institute of Energy Sustainability (AIES) has strongly condemned the government’s newly introduced GHS1.00 per litre Energy Levy, dubbed the “Dumsor Levy,” describing...
Ghana falls sharply to 31st position in Africa for lowest fuel prices
Despite a roughly 9% drop in petroleum product prices, Ghana has slipped 11 places to 31st position in Africa for the lowest fuel prices.
According...
Inflation for May 2025 drops sharply to 18.4%
Inflation for the month of May 2025 has dropped significantly to 18.4 percent year-on-year, down from the 21.2 percent recorded in April.
The Ghana Statistical...
Ghana Link defends e-tracking system after national security criticism
Ghana Link Network Services Ltd, operators of the country’s Electronic Cargo Tracking (E-Tracking) system under the Integrated Customs Management System (ICUMS), has strongly refuted...
BoG to introduce Digital Lending Guidelines by August 2025
The Bank of Ghana (BoG) has announced plans to introduce comprehensive Digital Lending Guidelines by August 2025 to tackle rising risks associated with online...
My vision is to see lending rates drop below 10% – Governor Asiama
The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has expressed his determination to see lending rates in Ghana fall to less...
Prof. Bokpin endorses GH¢1 fuel levy
Economist and Professor of Finance at the University of Ghana, Godfred Bokpin, has backed the newly introduced GH¢1 levy on petroleum products, describing it...
BoG signals stronger supervision and incoming crypto regulations
The Bank of Ghana (BoG) has reaffirmed its commitment to supervisory priorities centered on governance, anti-money laundering (AML), cybersecurity, climate risk, and innovation oversight...
Ghana signs MoU with Jubilee, TEN Fields Partners to extend license to 2040
The Government of Ghana, in partnership with Tullow Oil plc, Kosmos Energy, PetroSA, Ghana National Petroleum Corporation (GNPC), and Explorco, has announced the signing...
1 litre, GH¢1: New fuel levy looms as Finance Minister submits request to Parliament
Finance Minister Dr Cassiel Ato Forson has sparked controversy in Parliament with the introduction of the Energy Sector Levy (Amendment) Bill under a certificate...
Small-Scale gold exports surpass large-scale for first time – GoldBod CEO
For the first time in Ghana’s history, gold exports from the artisanal small-scale mining (ASM) sector have overtaken exports from large-scale producers, marking what...
Finance Minister inaugurates SSNIT Board, warns against politically-motivated asset sales
The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated the new Board of Trustees for the Social Security and National Insurance Trust (SSNIT),...
BoG targets loan defaulters in new regulatory measures
Commercial banks will now be required to disclose blacklisted willful defaulters in their audited financial statements, along with sectoral breakdowns of non-performing loan (NPL)...
Goldbod rakes in $1.17 billion after first full month – Finance Minister
Finance Minister Dr. Cassiel Ato Forson has disclosed that Ghana earned over $1.1 billion in foreign exchange during the first full month of operations...
BoG introduces new rules on interest charges, pricing, and bank recapitalisation
The Bank of Ghana (BoG) has introduced new regulatory measures targeting interest charges on digital platforms, pricing on forex (FX) transactions, Non-Performing Loans (NPLs),...
Fuel prices drop across Ghana as projected – ASEC
Fuel prices across Ghana have started to fall, bringing much-needed relief to consumers and businesses, according to the Africa Sustainability Energy Centre (ASEC).
This trend...
GoldBod has sanitised gold export, raked in $2.7 billion – Mahama
President John Mahama has disclosed that the establishment of the Ghana Gold Board (GoldBod) has sanitised the gold trading and export business, raking in...
Gov’t to revamp AirtelTigo – Communications Minister
The Minister for Communications, Digital Technology and Innovation, Samuel Nartey George, has revealed that the government is working on plans to revamp AirtelTigo to...
Fitch projects 2.5% growth in Ghana’s real household spending for 2025
Ghana’s real household spending is expected to grow by 2.5% year-on-year to GH¢129.7 billion in 2025, according to a new forecast by Fitch Solutions....
OMCs cut fuel prices; petrol now selling at GH¢11.77 per litre
Oil Marketing Companies (OMCs) across the country have reduced prices of petroleum products at the pumps in line with earlier projections.
The price reductions will...
GRA to deploy enhanced technology on E-VAT as 5,000 entities prepare to onboard
The Ghana Revenue Authority (GRA) has assured of enhanced use of technology in the implementation of the electronic Value Added Tax (VAT) system this...
Prof. Kwaku Asare shoots down Fiscal Council proposals
As Ghana grapples with an elevated public debt-to-GDP ratio, hovering around 85% by late 2024, and navigates stringent fiscal reforms mandated by its Extended...
GoldBod can stabilise cedi if… – Ghana Association of Banks CEO
John Awuah, CEO of the Ghana Association of Banks, says the effective implementation of the new Ghana GoldBod has the potential to help stabilise...
Fitch revises 2025 cedi forecast to GH¢13; predicts 12.9% appreciation
Fitch Solutions has revised its end-of-year projection for the Ghana cedi, forecasting it to end 2025 at GH¢13.0 to the US dollar—an improvement from...
T-Bills Auction: Gov’t fails to meet target, accepts all bids
The government failed to meet its treasury bill target this week, just a week after recording a 17% oversubscription.
According to auction results published by...
GOIL, Star Oil drop fuel prices as cedi gains trength
Motorists across Ghana are breathing a sigh of relief as two of the country’s leading oil marketing companies—Goil and Star Oil—announce significant reductions in fuel prices,...
Cedi to strengthen further this week – Reuters report
The Ghana cedi is forecasted to gain strength in the coming week, bolstered by continued remittance inflows and interventions from the central bank, while...
Fuel prices to drop significantly from June 1
The prices of petroleum products are expected to witness one of the biggest drops at the pumps this year, driven by the recent appreciation...
World Bank donates 2,000 seedlings to Adansi South farmers
The World Bank has donated 2,000 seedlings—1,000 coconut and 1,000 palm oil—to farmers in the Adansi South District as part of efforts to reduce...
Mahama pledges 200,000 hectares of new cocoa farms to revive industry
President John Dramani Mahama has unveiled an ambitious initiative aimed at reviving Ghana’s cocoa industry, pledging to add 200,000 hectares of new cocoa farms...