The Bank of Ghana is anticipated to adopt a more restrictive monetary stance during the first half of 2026 as a proactive measure against inflation. According to market analysis by IC Securities, the central bank is expected to keep real policy rates in the double digits to prevent a second wave of price increases following […]
At the JoyBusiness Review 2025 economic forum, Joe Jackson, the Chief Executive Officer of Dalex Finance, characterized the GoldBod initiative as a transformative “game changer” for the Ghanaian economy. He explained that the program’s timing was exceptionally fortunate, as its rollout coincided with a dramatic surge in international gold prices, which climbed from approximately $2,000 […]
The International Monetary Fund’s Executive Board has officially expressed satisfaction with Ghana’s economic performance, marking a significant milestone in the country’s recovery journey. Following the approval of the fifth program review, the IMF has authorized an immediate disbursement of approximately $385 million, which increases the total financial support provided under the current arrangement to roughly […]
In response to recent industry forecasts, several Oil Marketing Companies (OMCs) in Ghana have started lowering fuel prices. Vivo Energy, operating under the Shell brand, has initiated cuts by reducing petrol from GH¢12.69 to GH¢12.50 per litre, while diesel prices have dropped from GH¢13.22 to GH¢12.99 per litre. Similarly, PETROSOL has adjusted its rates, bringing […]
Ghana’s economy has found an unexpected source of stability in gold rather than its usual reliance on cocoa or oil. A surge in mineral prices throughout 2025 has led to a stronger cedi, increased export income, and higher international reserves. Data from the Bank of Ghana shows that gold prices climbed significantly from $2,641 in […]
President John Dramani Mahama has characterized Ghana’s annual $400 million expenditure on poultry imports as a national embarrassment, signaling a major policy shift toward local production. Speaking at the launch of the Feed Ghana Programme in Techiman, the President announced a targeted intervention to support 54 specialized producers in raising four million birds. This effort, […]
Government Statistician Prof. Samuel Kobina Annim has reported that Ghana’s annual inflation rate rose to 22.1% in October 2024, marking a 0.6 percentage point increase from the 21.5% recorded in September. Addressing the media in Accra, Prof. Annim attributed this marginal uptick to rising costs in both the food and non-food sectors. Specifically, food inflation […]
Edward Azi, an officer with the Cocoa Health and Extension Division (CHED), has issued a stark warning regarding the escalating rate of cocoa smuggling in the Suaman District of the Western North Region. Speaking at the 2025 Farmers’ Day celebration in Antokrom, Mr. Azi highlighted that illegal trade is currently sabotaging the rigorous agronomic training […]
President John Dramani Mahama has announced the upcoming rollout of the School Agriculture Programme, a mandatory initiative designed to integrate practical farming into the Ghanaian educational system. Speaking at the 41st National Farmers’ Day in Ho, the President directed that all secondary schools and tertiary institutions across the country establish and maintain their own school […]
President John Dramani Mahama has made a compelling case for public officials and formal sector workers to venture into agriculture, describing it as a “dependable” path to personal wealth and national food security. Speaking at the 41st National Farmers’ Day celebration in Ho on December 5, 2025, the President shared his personal success as an […]