Month: December 2025

GPRTU Condemns Illegal Fare Hikes: Union Urges Passengers to Resist Overcharging

News

The Ghana Private Road Transport Union (GPRTU) has issued a stern warning to commercial drivers regarding the implementation of unauthorized fare increases. Abass Imoro, the union’s Public Relations Officer, clarified during a recent television interview that any driver unilaterally raising prices is acting illegally and engaging in the “cheating” of the public. He emphasized that […]

Accra Security Intensifies: 132 Arrested in Major Pre-Christmas Police Crackdown

News

The Greater Accra Regional Police Command has intensified its security operations ahead of the festive peak, resulting in the arrest of 132 suspects and the seizure of numerous motorcycles and suspected stolen items. Superintendent Juliana Obeng, the Regional Public Relations Officer, announced on Tuesday that these targeted swoops are part of a coordinated strategy to […]

President Mahama Refutes Ownership Claims of Chain Homes Estate

News

President John Dramani Mahama has officially dismissed rumors linking him to the ownership of the Chain Homes residential estate, calling the allegations entirely false. Speaking during a community engagement on Monday, December 22, 2025, the President addressed the speculation that has circulated regarding his residency in the upscale development. He clarified that his presence in […]

Economic Hardship in Nkwanta South: Local Traders lament poor sales as farm produce remains unsold

Business

Shoppers and traders in the Nkwanta South Municipality of the Oti Region are reporting a significant downturn in commercial activity, casting a shadow over this year’s Christmas celebrations. Market centers that are typically bustling during the festive season are currently seeing very low patronage, leaving essential farm produce such as gari, beans, maize, and yam […]

Building construction inflation drops to 5.9% in November 2025

Business

The building construction sector in Ghana is experiencing a significant reprieve as inflation rates continued their downward trend in November 2025. According to the latest Prime Building Cost Index (PBCI) from the Ghana Statistical Service, annual construction inflation dropped to 5.9%, a notable decrease from the 7.8% recorded just a month prior. This marks the […]

Surge in Bond Market Activity: Investors Favor Mid-Term Maturities Ahead of Festive Season

Business

Ghana’s secondary bond market witnessed a significant boost in performance this week, with total turnover soaring by 64.39% to reach GH¢6.75 billion. Market liquidity was primarily anchored by the February 2030 bond, which solidified its position as a key benchmark by attracting GH¢2.98 billion in trading volumes. This robust activity highlights a strong appetite for […]

Minister for Finance publishes list of institutions complying with Commitment Control Report Directive

Business, News

The Minister for Finance has initiated a vital fiscal oversight measure by mandating that all Covered Entities deliver their Quarterly Commitment Control Reports (CCR) to the Internal Audit Agency. This directive is designed to act as a rigorous financial safeguard, ensuring that public institutions adhere to strict commitment discipline and avoid any unauthorized spending. By […]

Ghana Ranks 23rd in African Fuel Prices Despite Recent Local Reductions

Business

Even though domestic consumers have recently seen a notable decline in fuel costs, Ghana concludes the year positioned 23rd on the African continent for the highest petroleum prices. Data from GlobalPetrolPrices.com as of mid-December 2025 indicates that petrol in the country is priced at approximately $1.297 per litre, while diesel is trading at $1.145 per […]

Investor Confidence Surges as Ghana’s Treasury Bill Sale Sees Heavy Oversubscription Amid Falling Rates

Business

For the fourth consecutive week, the Ghanaian government’s treasury bill auction has significantly exceeded its targets, signaling robust investor appetite. While the initial goal was to raise GH¢3.7 billion, the auction drew in total bids of GH¢5.6 billion, representing a substantial 47.7% oversubscription. Of this total, the government ultimately opted to accept GH¢5.3 billion. The […]