Fuel prices in Ghana are anticipated to decrease by between five and nine per cent in the next pricing cycle, as forecasted by the Africa Sustainable Energy Centre (ASEC). This expected reduction is primarily linked to the recent strengthening of the Ghanaian cedi against the US dollar. Ghana’s fuel pricing system operates on a biweekly...

President John Dramani Mahama has deemed the call from certain Ghanaians for the US dollar to be valued at GH¢1 as impractical. He cautioned that such a significant appreciation of the cedi could have detrimental effects on Ghana’s export sector. “Some people say it will come to GH¢1 to $1. No, that’s extreme. We’ll eventually...

Ghana’s mobile money ecosystem is experiencing a significant resurgence, marked by a surge in transactional activity following the removal of the controversial Electronic Transaction Levy (E-Levy).  According to the latest summary of economic and financial data published by the Bank of Ghana, the total value of mobile money transactions reached a record GHC 365 billion...

Ghana’s national currency, the cedi, has demonstrated a remarkable recovery in the foreign exchange market, achieving unprecedented gains against its primary trading currencies. As reported in the latest Summary of Economic and Financial Data published by the Bank of Ghana (BoG) in May 2025, the cedi has strengthened by 24.1% against the US dollar, 16.2%...

The Government of Ghana has launched a new visa initiative that promises to process applications within a maximum of five working days, a significant reduction from the previous timeframe of four to six weeks. In a recent announcement, Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, stated that the policy is effective immediately and aims to...

Commuters and transport operators should brace for the usual disputes over fares in the coming days, following the announcement of a 15% reduction in transport fares effective May 24. The fare cut follows successful negotiations between the Ministry of Transport and transport unions, including the Ghana Private Road Transport Union (GPRTU). The reduction reflects recent...

Ghana President John Mahama, in a latest development, has announced the important ties between the European Union and Ghana on trade, which is targeted to boost the economy of the country. According to the video that was shared on the official YouTube channel of Joy News TV, the president, while addressing the men of the...