The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Dr Patrick Ofori, has cautioned against government fuel subsidies, arguing that they could create a greater financial burden for Ghanaians in the future.
The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Dr Patrick Ofori, has cautioned against government fuel subsidies, arguing that they could create a greater financial burden for Ghanaians in the future.
Investor confidence in Ghana's short-term debt market remained strong at the latest Treasury bill auction, with total bids significantly exceeding the government's financing target, underscoring sustained appetite for government securities despite mixed movements in yields.
Ecobank has achieved a landmark milestone in African sustainable finance with the successful listing of its US$450 million Sustainable Agriculture & Natural Capital Bond on the London Stock Exchange (LSE), becoming the first commercial bank in the world to issue a Nature Bond formally designated by the International Capital Market Association (ICMA).
The Government of Ghana, through the Ghana Cocoa Board, has announced that the producer price of cocoa will remain unchanged for the 2026 Light Crop Season, despite a downturn in international cocoa prices.
Finance Minister Dr. Cassiel Ato Forson has signaled a tougher government stance on mining lease renewals, warning that Ghana will no longer allow companies to treat lease extensions as opportunities to quickly sell valuable assets for profit.
The Ministry of Finance has disclosed that it has released GH¢1.677 billion to the Ministry of Food and Agriculture in 2026, representing 85 percent of the ministry’s approved budget for Goods and Services and Capital Expenditure (CAPEX).
President John Dramani Mahama has criticized the current global financial system as “unequal and outdated,” arguing that African economies continue to face significant structural barriers in accessing finance, technology, and international markets despite their immense growth potential.
Second Deputy Governor of the Bank of Ghana, Mrs. Matilda Asante-Asiedu, has called on banks, importers, exporters, investors, and other market participants to conduct foreign exchange transactions based on genuine business needs rather than speculation.
Government Statistician Dr. Alhassan Iddrisu has urged the government to maintain fiscal discipline and increase investment in critical food systems infrastructure following a rise in Ghana’s inflation rate in May 2026.
The Ministry of Finance has released GH¢1.677 billion to the Ministry of Food and Agriculture in 2026, representing 85 percent of the ministry’s approved budget for Goods and Services and Capital Expenditure (CAPEX).
Nigeria’s massive Dangote Refinery has announced that it has a significant surplus of jet fuel available for export and is positioning itself as a major supplier to international markets amid growing global demand.
Cassiel Ato Forson has announced that Ghana has successfully completed the final review of its International Monetary Fund (IMF) Extended Credit Facility programme and will now transition to a non-financing Policy Coordination Instrument (PCI).
An economics lecturer at the University of Ghana, Professor Patrick Asuming, has attributed the recent depreciation of the Ghana cedi to rising geopolitical tensions and growing uncertainty in the global economy.
