The Ranking Member on Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah, has questioned the credibility of Ghana’s January 2026 inflation figures, arguing that the data does not reflect the lived realities of ordinary Ghanaians in the marketplace.Ghana tourism packages According to figures released by the Ghana Statistical Service (GSS) on Wednesday, February 4, inflation...
Category: Business
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Ghana Begins Local Refining of ASM Gold
The Ghana Gold Board, in collaboration with Gold Coast Refinery, has officially commenced the local refining of gold sourced from the artisanal and small-scale mining (ASM) sector. The initiative marks a significant step in the country’s efforts to add value to its mineral resources while formalising the ASM industry. A high-level tour of the refinery...
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Ghana Records Historic Drop In Inflation To 3.8% in January, Lowest Since 2021
The Ghana Statistical Service (GSS) has announced that Ghana’s year-on-year inflation rate for January 2026 stood at 3.8 percent, marking the lowest level since the rebasing of the Consumer Price Index (CPI) in 2021. This represents a 1.6 percentage point drop from the 5.4 percent recorded in December 2025 and continues a 13-month streak of...
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ECG to Deploy Franchise Officers Nationwide from February 2026
The Electricity Company of Ghana (ECG) has announced that it will roll out franchise officers across all district operational areas beginning February 2026. The initiative is part of efforts to boost efficiency, secure revenue, and enhance customer service delivery. According to ECG, the programme is intended to bring services closer to consumers while reinforcing accountability...
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Petrol Prices to Dip Slightly in February, Diesel to Remain Unchanged
Motorists in Ghana may see a marginal reduction in petrol prices at the start of February, while diesel costs are expected to stay the same. This projection comes from the Chamber of Petroleum Consumers Ghana (COPEC), which attributes the outlook to recent developments in global market trends. Executive Secretary of COPEC, Duncan Amoah, explained that...
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Ghana Secures $12.83m AfDB Grant for Big Push Feasibility Studies
Finance Minister Cassiel Ato Forson has signed a US$12.83 million grant agreement with the African Development Bank (AfDB) to finance feasibility studies for major infrastructure and development projects under the government’s Big Push programme. The funding will support detailed designs, costings, and environmental and social impact assessments to ensure the projects are ready for construction....
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GoldBod Driving Transformation of Ghana’s Gold Value Chain — Deputy CEO
Deputy Chief Executive Officer of the Ghana Gold Board, Richard Nunekpeku, has highlighted the transformative role of GoldBod in reshaping Ghana’s gold value chain, stressing that the institution’s work goes beyond export figures to deliver lasting national value. Speaking at the Africa Trade Summit 2026, Nunekpeku disclosed that in 2025, the Ghana Gold Board exported...
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Gold Board Warns Unlicensed Jewellery Firms of Sanctions
The Ghana Gold Board (GoldBod) has issued a stern compliance notice warning jewellery manufacturers, fabricators, and gold refineries operating without valid licences to regularize their activities or face sanctions under Act 1140. In a statement dated January 28, 2026, GoldBod reminded the public that only duly licensed entities are permitted to engage in gold trading,...
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Bank of Ghana Reports Strong Economic Gains at 128th MPC Briefing
The Bank of Ghana has announced significant improvements in key economic indicators during its 128th Monetary Policy Committee (MPC) press briefing held on January 28, 2026. According to the Bank, the Composite Index of Economic Activity (CIEA) recorded an impressive 8.8 percent growth in November 2025, a sharp rise from the 1.5 percent growth posted...
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Bank of Ghana Cuts Policy Rate to 15.5%
The Bank of Ghana has, by majority decision, reduced the Monetary Policy Rate from 18 percent to 15.5 percent. Governor of the Bank, Dr. Johnson Asiama, announced the move at the 128th Monetary Policy Committee (MPC) press briefing held at the Bank Square on Wednesday, January 28. This marks the first policy adjustment by the...