The International Monetary Fund (IMF) is expected to announce a staff-level agreement with Ghana today, following the successful conclusion of the Fifth Review of the country’s $3 billion Extended Credit Facility (ECF) programme The anticipated agreement comes after two weeks of technical discussions between the IMF mission team—led by Dr …
Read More »World Bank Upgrades Ghana’s 2025 Growth Forecast to 4.3%
The World Bank has revised Ghana’s 2025 economic growth forecast upward to 4.3%, from its earlier projection of 3.9%, reflecting renewed optimism about the country’s economic recovery. The update was revealed in the October 2025 edition of Africa’s Pulse, the Bank’s flagship regional report, released in Washington, D.C. Although the …
Read More »Bank of Ghana Reports Drop in Job Adverts Despite Overall First-Half Growth
The number of job advertisements in Ghana fell significantly in June 2025, according to the latest Monetary Policy Report released by the Bank of Ghana (BoG). Data from the report show that 2,502 job vacancies were advertised in selected print and online media in June, marking a 15.7% drop compared …
Read More »Fuel Prices Set to Rise in Ghana from October 1
Story by Doris Sarpong Consumers should anticipate a marginal increase in the prices of petroleum products at the pumps starting Wednesday, October 1, 2025, according to an industry outlook. The anticipated adjustment is driven primarily by two key factors: rising global petroleum product prices and the continued depreciation of the …
Read More »Fuel Prices Expected to Rise in Ghana from October 1
Story by Doris Sarpong Consumers should anticipate a marginal increase in the prices of petroleum products at the pumps starting Wednesday, October 1, 2025, according to an industry outlook. The projected adjustments are based on the latest pricing review from the Chamber of Oil Marketing Companies (COMC), which guides its …
Read More »Ghana Secures Major DStv Upgrade Deal for Subscribers Following Government Negotiations
DStv subscribers in Ghana are set to enjoy significantly enhanced service offerings after what the government has described as a major concession by MultiChoice Africa. The announcement was made by the Minister for Communication, Digital Technology, and Innovations, Hon. Samuel Nartey George, during a press briefing on Monday, September 29. …
Read More »Finance Minister Confirms Deloitte Audit on DBG to Be Handed to Attorney General
Finance Minister Dr. Cassiel Ato Forson has confirmed that the Deloitte audit report on the Development Bank Ghana (DBG) will be formally submitted to the Attorney General’s Department for potential legal action. The move, he said, marks a decisive step toward restoring public trust and institutional integrity at the state-backed …
Read More »Government Inaugurates National E-Commerce Steering Committee to Boost Digital Trade
Source: GNA The Government of Ghana has officially inaugurated a 26-member National Technical Steering Committee for E-Commerce, marking a decisive step towards building a resilient and inclusive digital trade ecosystem that aligns with national development goals and global best practices. The Committee, launched on Wednesday, comprises representatives from key sectors, …
Read More »ECG Records Highest Monthly Revenue, Clarifies Tariff Proposal
The Electricity Company of Ghana (ECG) has announced a significant improvement in revenue mobilisation, recording its highest-ever monthly revenue of GH₵1.74 billion in July 2025. Briefing Parliament’s Energy Committee on the utility’s performance and ongoing reforms, acting Managing Director, Engineer Julius Kpekpena, said the milestone is the result of deliberate …
Read More »World Bank Urges Ghana to Prioritise Concessional Loans Over Costly Domestic Borrowing
The World Bank has advised the Government of Ghana to shift its financing strategy by relying more on concessional external funding—particularly from the International Development Association (IDA)—rather than continuing to depend on high-cost domestic borrowing to fund capital projects. Speaking at the launch of the World Bank’s 2025 Policy Notes: …
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