S&P Upgrades Ghana to ‘B-/B’ on Fiscal Reforms and Rising Reserves
S&P Global Ratings lifts Ghana’s credit rating to ‘B-/B’ with a stable outlook, citing fiscal discipline, debt reform, and stronger foreign reserves.
Gov’t Beats Inflation Target as October Rate Drops to 8.0% — But Ghanaians Still Feel the Pinch
Inflation drops to 8.0% in October, below Ghana’s 2025 target, marking a major macro win — but cost-of-living pressures still squeeze households.
Government to Recover ECG Assets After Winning $190 Million PDS Arbitration Case in London
The LCIA has ruled in Ghana’s favour in the PDS case. Gov’t says it will recover all ECG assets and revenues after the $190m power concession dispute.
IEA Urges Government to Scrap Mining Tax Incentives
The IEA is calling for the abolition of mining tax incentives and a review of Ghana’s royalty rates to ensure citizens benefit fairly from natural resources.
Government to Revoke Licenses for Dormant Oil Blocks — Jinapor Warns Operators
Energy Minister John Jinapor warns that oil firms holding inactive blocks will lose their licenses as Ghana moves to revitalize petroleum exploration.
Inflation Drops to 8% in October, the Lowest in Four Years — GSS Reports
Ghana’s inflation falls to 8% in October 2025 — the lowest in four years and the 10th straight monthly drop, reports the Ghana Statistical Service.
Oti Region to Host 500MW Biomass Power Plant Under ‘24-Hour Economy’ Initiative
Oti Region to host a 500MW biomass plant under Ghana’s 24-Hour Economy drive, boosting renewable power, jobs, and agricultural value chains.
OSP Targets GH₵125 Million Recovery from SML as State Intensifies Crackdown on Financial Misconduct
Ghana’s Office of the Special Prosecutor has directed the recovery of GH₵125 million from Strategic Mobilisation Ghana Limited (SML) after uncovering automatic overpayments totaling GH₵1.43 billion between 2018 and 2024. The case highlights deepening scrutiny over state contracts and public finance accountability.
Fuel Prices Drop Significantly Across Ghana as November Window Takes Effect
Fuel prices in Ghana fall sharply as petrol, diesel, and LPG record major reductions from November 1, driven by a stronger cedi and lower crude oil prices.
Cedi@60: Bank of Ghana Launches Year-Long Celebration of National Currency
The Bank of Ghana has launched year-long celebrations for the Cedi@60 anniversary, marking six decades of Ghana’s national currency with exhibitions, policy forums, and public-education campaigns on the theme “Sovereignty, Stability, and Resilience.”
Benchmark Reduction Key to Curbing Smuggling Surge — FBAG Secretary Tells DM Media
Food and Drugs Association Secretary Samuel Aggrey tells DM Media that Ghana must reduce import benchmark values to fight smuggling. He warns high taxes and duties are crippling legitimate trade and costing the nation revenue.
Finance Minister Ato Forson to Present 2026 Budget on November 13
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, is set to present the 2026 Budget Statement and Economic Policy to Parliament on November 13, 2025. The budget is expected to outline key fiscal measures for stabilizing the economy, advancing debt restructuring efforts, and accelerating growth under the IMF-supported reform program. Economic analysts anticipate major announcements on tax policy, infrastructure spending, and job creation initiatives.
FABAG Blames Rising Smuggling on High Import Duties.
The Freight Forwarders and Border Agents Association of Ghana (FABAG) has attributed the growing trend of goods smuggling to Ghana’s high import duty rates. The group warns that the country is losing significant revenue as traders divert shipments to neighboring ports with lower tariffs. FABAG is calling on the government to review its import tax structure to make Ghana’s ports more competitive and curb the surge in illegal trade activities.
Bank of Ghana Deepens Market Development Reforms to Boost Financial Integration and Trade
The Bank of Ghana is partnering with the World Bank, Afreximbank, and Development Bank Ghana to expand credit access and align its financial infrastructure with the Pan-African Payment and Settlement System. Reforms include FX market modernization, NOP limit revision, and ISO 20022 upgrades.
Digital Is Banking”: Bank of Ghana Governor Calls for Trust and Innovation in Financial Transformation
Bank of Ghana Governor Dr. Johnson Asiama says digital finance is redefining banking in Ghana, with mobile money transactions surpassing GHS 300 billion in 2024. He calls for ethical AI use, strong cybersecurity, and open banking standards to build a trusted financial ecosystem.
Ghana Cedi Poised for Historic First Annual Gain Against US Dollar
The Ghana cedi is poised for its first annual appreciation since 2007, up 36% year-to-date. Bank of Ghana auction data shows stable 56-day bill yields averaging 21.42%, reflecting investor confidence and monetary stability.
IMF and Moody’s Endorse Ghana’s Economic Recovery
The IMF and Moody’s have reaffirmed confidence in Ghana’s economic reforms, citing stronger growth, reduced debt, and fiscal stability. Analysts urge continued vigilance amid external and structural challenges.

