Ghana to launch first manganese refinery
Ghana is set to establish its first manganese refinery, with the Ministry of Lands and Natural Resources announcing a sod-cutting ceremony to mark the start of construction in November at Tarkwa in the Western Region. The $450 million project aims to add value to the manganese produced in Ghana, a resource that has been exported […]
We will continue to inspect goods in transit – GRA to GUTA
Commissioner-Customs Division, Ghana Revenue Authority (GRA), Brigadier General Zibrim Ayorrogo has stated that Customs will continue to inspect already-cleared goods in transit when necessary. Over the years, some importers and manufacturers – including members of the Ghana Union of Traders Association (GUTA) in Ashanti Region – have expressed concern about the re-examination of cleared imported […]
T-bills: Government records another marginal oversubscription but interest rates surge
The government recorded another marginal oversubscription of treasury bills but at the expense of rising interest rates. According to auction results from the Bank of Ghana, the government bagged GH¢4.078 billion as against a target of GH¢4.01 billion. All the bids tendered were oversubscribed. About GH¢3.32 billion representing 82.97% came from the 91-day bill. A […]
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 […]