Ghana

An insightful report from a prominent professional services firm has shed light on the current economic landscape in Ghana. The firm cites a “sustained disinflationary trend”, suggesting that this trend might offer the Bank of Ghana a vital opportunity to consider easing interest rates. What if the July Monetary Policy Committee (MPC) meeting announces such a move? It could profoundly impact our financial ecosystem. Deloitte, the firm behind this report, is optimistic about the potential…

The management of the Police Hospital, a prominent referral institution in the country, has made a poignant announcement. They will soon conduct a mass burial for 300 bodies, a somber collection that includes former patients, abandoned corpses, and victims of various tragedies, such as accidents and crimes. This initiative poses an important ethical question: How should societies honor the lives of those who have passed without proper remembrance? “This solemn task is part of our ongoing efforts to ensure that the deceased…

University Announces Eviction Deadline for August 9 The University of Memphis has issued a significant notice affecting 185 Ghanaian students currently benefiting from a government scholarship program. These students, who are engrossed in various fields including science, engineering, and business, have been instructed to find alternative sources of funding by August 9, 2025, or vacate their campus accommodations. This situation raises a crucial question: what happens to dreams of education when financial support…

The Call for Clear Regulatory Frameworks in Ghana's Digital Finance Sphere During the recent Graphic Business/Stanbic Bank Breakfast Meeting, a significant conversation emerged concerning the surge of digital financial technologies in Ghana. The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison Asiama, underscored the pressing need for definitive regulations as the digital landscape evolves. As he aptly put it, “Crypto is like the air we breathe—you can’t stop it. So let’s regulate it properly.” This statement…

The recent developments in Nigeria’s maritime landscape signify a concerted effort to reposition itself as a key player in the regional cargo traffic arena. The nation is setting its sights on attracting a larger share of cargo bound for neighboring countries such as Ghana, Togo, and Côte d’Ivoire. Over the years, these countries have become established transshipment hubs for goods intended for Nigeria. Such strategic shifts raise compelling questions: What does this mean for the future of trade in West Africa? How will it…

On Monday, July 7, 2025, during the Council’s 59th session in Geneva, the vote regarding the renewal of the mandate brought forth a significant outcome: 29 member states voted in favor, 15 against, and three opted to abstain, with Ghana being one of them. This vote encapsulates a broader narrative of the ongoing struggle for LGBTQ+ rights on the global stage. Renewed Mandate: A Beacon for Global LGBTQ+ Rights The renewal of this mandate serves as a reaffirmation of the global commitment to protect the…

In a momentous development for Ghana's upstream petroleum sector, the Ministry of Energy and Green Transition has officially declared the Declaration of Commerciality (DoC) for the Eban-Akoma oil and gas discoveries. Located within the Cape Three Points Block 4 (CTP-B4), this landmark announcement is poised to rapidly change the landscape of the industry. This declaration has been put forth by a collaborative joint venture, which includes reputable players like Eni Ghana Exploration & Production Ltd, Vitol Upstream…

New Air Route Launch: A Step Toward Regional Unity The inaugural flight of Africa World Airlines made its historic landing at Ouagadougou International Airport on July 1, 2025. This milestone was celebrated with a vibrant ceremony in Accra, highlighting the significance of this new route for the region. The warm welcome by the airport staff and the palpable excitement shared among passengers set the tone for what promises to be a transformative journey in African aviation. Reports indicate that this airline will operate…

The Executive Board of the International Monetary Fund (IMF) is set to examine Ghana's fourth review of its $3 billion Extended Credit Facility (ECF) programme on July 7, 2025, in Washington, D.C. This meeting represents a critical moment for Ghana, as the outcome could have significant implications for the nation's economic trajectory. Ghana Meets All Conditions Ahead of Review Sources close to the proceedings indicate that Ghana has successfully met all conditions crucial for this upcoming review. This positions the…

Ghana's Inflation Trends: A Positive Shift Recent data from the Ghana Statistical Service indicates a significant decrease in annual inflation, which saw a sharp drop to 13.7% in June, a notable change from the preceding figure of 18.4% in May. This development marks the sixth consecutive month of decline and represents the lowest inflation rate recorded since late 2020. On the bustling streets of Accra, the cedi has held steady at 10.35 to the dollar as of 10:19 a.m. this morning. Observing the currency's…