Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, says the state must rethink its sudden crackdown on black market forex dealers because the action is already distorting rates and hindering efforts to stabilise fuel prices. He said the task force swoops are creating unintended shocks. Speaking on PM Express Business Edition, he […]
President John Dramani Mahama has pledged that his administration will work to provide agricultural credit at single-digit interest rates to boost production and ensure national food security. He said the current situation, where farmers accessed capital at high interest rates, meant they “virtually will be working for the bank, not for themselves”. The President made […]
The Public Utilities Regulatory Commission (PURC) has announced upward adjustments to electricity and water tariffs following the completion of its 2026–2030 Multi-Year Tariff Review (MYTO). The new rates take effect from January 1, 2026. According to the PURC in a statement, the tariff decision follows months of investment hearings, stakeholder consultations, and regional public forums […]
Developing countries paid out $741 billion more in principal and interest on their external debt than they received in new financing between 2022 and 2024—the largest gap in at least 50 years, according to the World Bank’s latest International Debt Report released today. Still, most countries gained some breathing room on their debt last year […]
The total value of mobile money transactions reached GH¢3.6 trillion in the first 10 months of 2025, ending October. This is according to the latest Economic and Financial Data released by the Bank of Ghana after last week’s Monetary Policy Committee meeting. The figure represents the total reported by telecom operators to the Bank of […]
The Government’s decision to lead discussions that could result in the acquisition of Springfield Exploration and Production Limited’s (SEP) interest in the West Cape Three Points Block 2 (WCTP 2) has generated widespread debate across the energy sector and the broader public space. While some of the commentary may be well-meaning, a significant portion reflects […]
The United States has officially lifted the 15% tariffs that were imposed on cocoa and certain agricultural products from Ghana, Ghana’s Foreign Affairs Minister, Samuel Okudzeto Ablakwa, has announced. According to the Minister, the decision took effect on November 13, 2025, following a new executive order from President Trump. In a post on Facebook, Mr […]
The Minister for Energy and Green Transition, John Jinapor, says the government will only support a potential state-led takeover of Springfield Exploration and Production Limited’s (SEP) stake in the West Cape Three Points Block 2 (WCTP2) after an independent and transparent valuation proves the field holds strong commercial prospects. Speaking on the Super Morning […]
Finance Minister Dr Ato Forson is set to announce a reduction in the effective VAT rate to be paid by businesses from next year. This will be captured in the 2026 Budget, which will be presented to Parliament later today. The Finance Minister is also expected to announce a major review of the country’s tax […]
Finance Minister Dr Cassiel Ato Forson will today, Thursday, November 13, present the 2026 Budget Statement and Economic Policy to Parliament – a major policy moment that will reveal how the government intends to consolidate Ghana’s fragile recovery while responding to growing public expectations for relief and renewed growth. For many Ghanaians, this budget goes […]
The Bank of Ghana (BoG) has announced the registration of more than 100 virtual asset service providers (VASPs) under a new policy to regulate the country’s growing cryptocurrency market. In a release dated November 5, 2025 and a policy paper titled Ghana’s Policy Position on Virtual Assets and Service Providers, the BoG outlined Ghana’s first national framework for regulating […]
Vice Chair of the Competitive Africa Rice Platform, Dr Ama Aning Oppong-Duah, says Ghana’s rice farmers are still battling with unsold stock from last year, while another harvest season has already begun. “We still have unsold rice from last year, and more is coming in,” she said on JoyNews’ PM Express on Wednesday. According to Dr Oppong-Duah, […]
