Ghana’s inflation rate fell sharply in 2025, marking one of the strongest improvements in recent years, according to the 2025 Annual Inflation Report released by the Ghana Statistical Service (GSS). The report shows that inflation dropped from 23.5 percent in January 2025 to 5.4 percent by December, the lowest end-year rate since 2019. Annual average...
Author: Baina Media (Baina Media)
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Damang Gold Mine Sells First Output to GoldBod in Support of Reserves
In a landmark transaction, Ibrahim Mahama’s Damang Gold Mine Limited has sold 100 percent of its first gold output to the Ghana Gold Board (GoldBod), marking a significant step in efforts to boost Ghana’s foreign reserves. The historic sale, amounting to about 110 kilograms of gold, was received earlier today at the GoldBod Assay Lab...
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GoldBod Records Strong Operational Gains in 2025
The Ghana Gold Board (GoldBod) has posted a remarkable improvement in operational efficiency in 2025, achieving exponential revenue growth while reducing expenditure, despite a major expansion in staff strength and institutional mandate. According to audited financial statements as at December 31, 2025, GoldBod increased its non-tax revenue from GH₵307.7 million in 2024 to GH₵970.76 million...
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President Mahama Visits Akosombo Dam After Substation Fire
President John Dramani Mahama today visited the Akosombo Dam to assess the Ghana Grid Company (GRIDCo) substation that was damaged by fire, an incident which resulted in the loss of more than 1,000 megawatts from the national grid. The President toured the site and inspected ongoing restoration works, commending engineers for their swift and professional...
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Majority Defends BoG, Credits Cedi Recovery to Policy Interventions
The Majority Caucus in Parliament has rallied behind the Bank of Ghana (BoG), praising the central bank for what it calls a remarkable rebound in the performance of the Cedi since the National Democratic Congress (NDC) assumed office. At a press briefing on Thursday, April 30, the Member of Parliament for Sagnarigu, Issah Atta, maintained...
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Road Crashes, Deaths Decline in March — NRSA
Ghana recorded a slight reduction in road crashes and fatalities in March 2026, according to provisional figures released by the National Road Safety Authority (NRSA), signaling a modest gain in road safety outcomes. The Authority disclosed that reported crash incidents dropped to 1,195 in March 2026, compared to 1,218 during the same month in 2025....
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Finance Minister Files Tax Returns, Urges Compliance as Civic Duty
The Minister for Finance, Dr. Cassiel Ato Forson, together with his Deputy, has publicly filed their annual tax returns, underscoring the importance of leadership by example in strengthening Ghana’s tax culture. Speaking after the filing, Dr. Forson congratulated Ghanaian taxpayers for their consistent efforts in supporting national development through compliance. He emphasized that paying taxes...
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Building Cost Inflation Records 2.2% in March 2026
The Ghana Statistical Service (GSS) has reported that the Prime Building Cost Index (PBCI) recorded a year-on-year inflation rate of 2.2 percent in March 2026, reflecting changes in the overall cost of construction inputs such as materials, labour, and equipment. The PBCI, benchmarked to a 2023 base year of 100, serves as a key tool...
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Two Arrested in Oti Region for Possession of Firearms and Ammunition
The Nkwanta Municipal Police Command has arrested two individuals for unlawful possession of firearms and large quantities of ammunition following an intelligence-led operation. According to the Ghana Police Service, officers intercepted a Kia Rhino truck with registration number GW 9927-13 at the Brewaniase Police barrier. The vehicle was driven by 27-year-old Richard Kpimbi, with 20-year-old...
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Minority Caucus Demands Decisive Action on Xenophobic Attacks in South Africa
The Minority Caucus in Parliament has called on government to take urgent and decisive measures in response to reports of xenophobic attacks against Ghanaians and other African nationals in South Africa. In a statement issued on Tuesday, the Caucus condemned incidents of harassment, assault, and obstruction of essential services faced by Ghanaian citizens, describing the...