Ghana’s inflation hits six-month high driven by rising food prices
Ghana’s annual inflation rate rose to 23 percent in November, reaching a six-month high as food prices continued to surge, the Ghana Statistical Service (GSS) has announced. This marks the third consecutive monthly increase in inflation, up from 22.1 percent in October and driven predominantly by rising costs of staples such as vegetables, tubers, and […]
Ghana’s total public debt falls to GH¢726.7bn in December 2024; fiscal deficit-to-GDP estimated at 5.2%
Ghana’s total public debt fell by GH¢15.8 billion month-on-month to GH¢726.7 billion in December 2024, the Bank of Ghana has disclosed in its March 2025 Summary of Financial and Economic Data. In November 2024, the country’s total public debt stood at GH¢742.5 billion. However, in dollar terms, the total debt stock was estimated at US$49.4 […]
African Countries Ineligible For U.S. AGOA Trade
African Countries Ineligible For U.S. AGOA Trade AGOA (the African Growth and Opportunity Act) has been a key element of U.S. economic policy and engagement with Africa since its creation in 2000. It offers eligible sub-Saharan African countries duty-free access to the U.S. market for over 1,800 products, in addition to more than 5,000 products […]
President Mahama Fulfills Key Campaign Pledge, Assents to Abolishment of Betting Tax, E-Levy, and Emissions Tax
President Mahama Fulfills Key Campaign Pledge, Assents to Abolishment of Betting Tax, E-Levy, and Emissions Tax President John Dramani Mahama has fulfilled a major campaign promise by signing into law a set of amended bills that abolish the betting tax, e-Levy, and emissions tax, among others. The signing, completed in his office, marks a significant […]
President Mahama Fulfills Key Campaign Pledge, Assents to Abolishment of Betting Tax, E-Levy, and Emissions Tax
President Mahama Fulfills Key Campaign Pledge, Assents to Abolishment of Betting Tax, E-Levy, and Emissions Tax President John Dramani Mahama has fulfilled a major campaign promise by signing into law a set of amended bills that abolish the betting tax, e-Levy, and emissions tax, among others. The signing, completed in his office, marks a significant […]
Ghana-EU Business Forum
Ghana-EU Business Forum | 20-21 May 2025 | Kempinsky Hotel, Accra The third edition of the Ghana-EU Business Forum is back and is taking place under the theme: “Deepening Ghana-EU cooperation on trade and investment in non-traditional value chains under the EU Global Gateway strategy”. This key event is a central meeting place for policymakers […]
Prices of petrol and LPG to go up; Diesel to fall from August 16
The prices of petrol and Liquefied Petroleum Gas (LPG) are expected to go up marginally from August 16, 2025. However, that of diesel is expected to go down from this weekend. This is based on the outlook report that guides the pricing of the Oil Marketing Companies (OMCs) in the country, by the Chamber of […]
World Bank warns COCOBOD’s mounting debts threaten Ghana’s cocoa sector
The World Bank’s latest Ghana Economic Update has raised concerns over the financial stability of the Ghana Cocoa Board (COCOBOD), warning that persistent operational and fiscal challenges could undermine one of the country’s most vital export industries. According to the report, despite record-high global cocoa prices, Ghana’s cocoa production remains weak, while COCOBOD owes significant […]
Coca-Cola announces price rollback on 300ml beverage
Gov’t settles GH¢10bn interest under DDEP
The government has announced the payment of GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP). In a statement issued on Wednesday, February 18, 2026, the Ministry of Finance said the payment represents the sixth coupon settlement under the programme and the second full cash payment made without any Payment-In-Kind component. “The […]