Some Oil Marketing Companies (OMCs) have begun adjusting prices at the pumps, with GOIL leading the way. A litre of petrol is now selling at GH¢13.38, up from GH¢12.99 on September 2, 2025. Diesel has also increased to GH¢14.20 per litre, from GH¢13.90. GOIL, the second-largest player in the industry, is the first to adjust […]
Tag: Ghana
Running for presidency in Ghana now costs $200m – CDD-Ghana
The Ghana Centre for Democratic Development (CDD-Ghana) has raised alarm over the escalating cost of contesting presidential elections, warning that democracy risks being captured by the wealthy elite. At an Open Society forum in Accra, the think tank’s Executive Director, Professor H. Kwasi Prempeh, revealed that it now requires an estimated $200 million to mount […]
World Bank disburses $360 million to support Ghana’s economy
The World Bank has disbursed $360 million from its International Development Association (IDA) for Ghana. The disbursement is coming under the Second Resilient Recovery Development Policy Financing operation, to support the Government of Ghana’s efforts to restore macroeconomic stability and reinforce the foundations for more sustainable and resilient economic growth for job creation. This was after the World […]
‘AGOA is dead’ – Mahama declares after U.S. slaps 15% tariffs on Ghana
President John Mahama has declared the African Growth and Opportunity Act (AGOA) “technically dead” after the United States imposed fresh tariffs on African exports, including a 15% levy on Ghana’s goods. He made the remarks during his first presidential media encounter of his second term in office, warning that there is little hope of the […]
Why Ghana has been excluded from US Millennium Challenge list for 2026
Ghana has been excluded from the United States Millennium Challenge Corporation’s (MCC) list of candidate countries for the 2026 fiscal year. According to the MCC Candidate Country Report for Fiscal Year 2026, released in Washington in August 2025, Ghana is ineligible to receive U.S. foreign assistance under section 7012 of the Fiscal Year 2025 State, Foreign […]
Serene Insurance CEO wins top most award at two industry events
The Chief Executive Officer of Serene Insurance Company Limited, a member of the First Sky Group, Mrs. Mercy Naa Koshie Boampong has been adjudged Insurance Personality for 2025 and Insurance Professional of the Year 2024 at two separate prestigious insurance industry events in August, 2025. Mercy was the recipient of the topmost award at the […]
BoG suspends remittance partnership of 3 Payment Service Providers
The Bank of Ghana (BoG) has announced the suspension of the remittance partnership of three Payment Service Providers for one-month, effective September 18. The institutions are Flutterwave, Celulant Ghana and Halges Financial Technologies The central bank, in the notice, stated that the action was due to breaches of its updated guidelines for inward remittance services […]
Explainer: Why the cedi is slipping
The cedi has had one of its most dramatic years in recent memory. It opened 2025 at GH₵14.7 to the dollar. By February it had weakened slightly to GH₵15.50 and held there until April, making it one of the longest periods of stability in more than a decade. Then came the surprise. Between April and […]
Constitution Review Committee to submit draft report October
Barring any unforeseen circumstances, a draft report on the review of the 1992 Constitution will be presented to President John Dramani Mahama by the first week of October this year. The Secretary of the Constitution Review Committee’s (CRC’s), Dr Rainer Akumperigya, said: “We are working hard to finalise the draft report, and we expect to […]
My focus is on fiscal discipline for last mandate as president – Mahama
President John Dramani Mahama has said he will not contest the 2028 presidential election because per the 1992 Constitution his mandate will end on January 7, 2029. “I will not be a candidate in the next election and, therefore, I can hold the line when it comes to fiscal discipline,” he added. In line with […]
Ghana’s airspace safest in Africa — Aircraft Accident Investigation Bureau
The acting Commissioner of the Aircraft Accident and Incident Investigation and Prevention Bureau (AIB), Ghana, John Mmeb Kunyan Wumborti, has given assurance that the country’s airspace remains the safest in Africa despite the recent military helicopter crash near Obuasi in the Ashanti Region. The International Civil Aviation Organisation (ICAO) recently rated Ghana’s aviation safety as […]
Ghana-Singapore trade crosses $215m, Mahama eyes billion-dollar growth
President John Dramani Mahama has revealed that trade between Ghana and Singapore reached over US$215 million in 2024, and he is now targeting billion-dollar growth. Speaking at the opening of the 8th Africa–Singapore Business Forum in Singapore on Tuesday, he said Ghana is ready to deepen ties with Asia and scale up trade. “Ghana-Singapore trade […]