Category: Business

 The National Petroleum Authority (NPA) has moved to calm public concerns over fuel availability and pricing, assuring Ghanaians that the country has adequate stocks of petroleum products and that the national fuel supply situation remains stable. In a press release issued on Wednesday, the NPA emphasized that recent developments in global energy markets will not...

The Deputy Minister for Finance, Hon. Thomas Nyarko Ampem, on behalf of the Finance Minister, Hon. Dr. Cassiel Ato Forson, has presented a statement to Parliament addressing the Auditor-General’s special report on arrears and payables as of the end of 2024. Hon. Ampem described the findings as evidence of a “systematic plunder and abuse” of...

 The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, Esq., has welcomed a high-level delegation of the Kimberley Process to Ghana as the country hosts a review visit under the Kimberley Process Certification Scheme (KPCS) from March 9 to March 12, 2026. Addressing the delegation in Accra, Mr. Gyamfi reaffirmed Ghana’s commitment...

Ghana Link Network Services Ltd., operators of the Integrated Customs Management System (ICUMS), has strongly denied allegations that the platform is responsible for recent fuel supply disruptions across the country. In a statement issued on March 9, 2026, the company described as “false, misleading, and wholly without basis” claims attributed to Star Oil that ICUMS...

 Motorists across Ghana are facing fuel shortages as two major Oil Marketing Companies, GOIL PLC and Star Oil, have announced disruptions in supply linked to technical difficulties with the Integrated Customs Management System (ICUMS). In separate public notices, both companies explained that the ICUMS platform—used to process tax liabilities and documentation for lifting petroleum products—has...

The Government of Ghana has signed a landmark debt restructuring agreement with the Kingdom of Belgium, marking another significant step in the country’s ongoing economic recovery. The agreement was formally signed by Finance Minister Cassiel Ato Forson on behalf of Ghana. This latest accord represents the eighth agreement Ghana has concluded with countries under the...

Established on 4 March 1957, the Bank of Ghana has stood as a cornerstone of the nation’s economic and financial journey, shaping policy and guiding stability through nearly seven decades of service. Since its inception, the central bank has been led by 16 distinguished Governors, each contributing to its mission of formulating and implementing monetary...

Ghana and Belarus have taken a major step toward strengthening bilateral relations following high-level talks between the Minister for Trade, Agribusiness and Industry, Hon. Elizabeth Ofosu-Adjare, and Belarusian Foreign Minister Ryzhenkov Maxim. The Belarusian delegation, comprising eight senior officials including Deputy Minister of Industry Ryzhkouski Leanid and Deputy Minister of Agriculture Yakouvhyts Aliaksandr, joined business...

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...