Ghana’s inflation rate dropped sharply to 3.3 percent in February 2026, marking the 14th consecutive month of decline and the lowest level recorded in more than a decade. The Ministry of Finance announced the figures in Accra, describing the sustained decline as a major milestone in the country’s economic recovery. The latest rate represents a...
The Ministry of Finance has announced the expiration of restrictions on new domestic bond issuance, marking a significant milestone in Ghana’s economic recovery. The three-year restriction, imposed in 2023 following the debt default that preceded the Domestic Debt Exchange Programme (DDEP), prevented government from issuing new bonds. Its expiration signals renewed confidence in Ghana’s fiscal...
The National Petroleum Authority (NPA) has allayed concerns over a possible fuel shortage, assuring consumers that the country has adequate petroleum stocks despite ongoing tensions in the Middle East. Director of Economic Regulation and Planning at the National Petroleum Authority (NPA), Abass Ibrahim Tasunti, in an interview with Citi Business News, downplayed concerns that the...
Prices of petroleum products are set to increase marginally from March 1, 2026. That is according to the latest outlook report by the Chamber of Oil Marketing Companies (COMAC), which guides pricing decisions for oil marketing companies and was seen by Joy Business. This marks the third time since January this year that fuel prices...
An international marine conservation organisation, Blue Ventures, has paid a courtesy call on the Minister for Fisheries and Aquaculture, Hon. Emelia Arthur, as part of its ongoing mission to deepen collaboration on sustainable fisheries management in Ghana. The meeting, held at the Ministry, provided an opportunity for Blue Ventures to outline its objectives, share updates...
Hundreds of traders at Makola No. 2 Market in Accra on Thursday, February 26, staged a protest against what they describe as steep rent increments and a newly imposed 20 per cent VAT, warning that the situation is becoming unsustainable. Speaking to JoyNews, a market leader, Anthony Kyei Baafi, said the traders are struggling under...
Ghana’s Finance Minister, Cassiel Ato Forson, has outlined a comprehensive risk management framework under the newly approved Ghana Accelerated National Reserve Accumulation Policy (GANRAP), describing it as a historic step toward securing the nation’s economic future. Speaking in Parliament, the Minister emphasized that the government will adopt a proactive approach to managing risks associated with...
Ghana’s government has announced a bold new policy aimed at strengthening the nation’s economic resilience, following what officials describe as a decisive turnaround in macroeconomic performance over the past year. Presenting the statement before Parliament, the Minister highlighted that Ghana’s economy rebounded strongly in 2025 after the turbulence of the 2022–2023 crisis. Key indicators underscored...
The Ghana Revenue Authority (GRA) has interdicted five officers of its Customs Division pending the outcome of an internal investigation into alleged breaches of transit procedures. The decision follows preliminary findings from an enforcement operation conducted on February 18, 2026, involving a consignment of transit cargo declared for onward movement to Niger. The operation revealed...
A defining highlight of Ghana’s high-level Trade and Tourism Mission to Russia (16th–20th February 2026) was the symbolic presentation of Ghana’s indigenous textile, Fugu, by the Chief Executive Officer of the Ghana Tourism Authority, Maame Efua Houadjeto, to the Governor of the Kamchatka region, Vladimir Solodov. The gesture, described as “a cultural statement to power,”...