South African Finance Minister Enoch Godongwana has announced R10 billion ($609 million) in temporary fuel levy relief to ease pressure on households and businesses facing record petrol and diesel prices. Presenting the Medium-Term Budget Policy Statement on October 21, 2026, Godongwana outlined reductions that will take effect in November and continue into early January 2027. […]

An 18.5 per cent increase in Liquefied Petroleum Gas prices for the second half of October 2026 has raised the cost of refilling a 15-kilogramme cylinder by approximately GH¢48, intensifying pressure on households and businesses that depend on cooking gas. A refill that previously cost about GH¢261 now costs approximately GH¢309, with retail prices approaching […]

The Ghana Revenue Authority (GRA) is expanding its use of digital technology to strengthen tax compliance and increase revenue collection to GH¢310 billion by 2028. Led by Commissioner-General Anthony Kwasi Sarpong, the reforms seek to broaden the tax base, improve revenue administration and identify collection gaps. The authority’s figures show collections of GH¢153 billion in […]

Mobile money has emerged as the preferred channel for accessing microinsurance in Ghana, with 61.4 per cent of respondents in a joint survey favoring mobile-based options for purchasing and managing cover. The findings, released on Monday, October 19, 2026, by the National Insurance Commission (NIC) and the Youth Employment Agency (YEA) Graduate Program, highlight an […]

International oil prices retreated on Monday, October 19, as expectations of increased Russian fuel exports eased some supply concerns, although persistent tensions in the Middle East continued to support prices. The pullback followed Washington’s decision to waive certain Russia-related sanctions and tariffs, raising expectations that additional Russian diesel could reach international markets. Traders weighed the […]

The African Union has recommended Ghana’s GoldBod framework to other African countries, describing it as a model for improving mineral governance and translating resource wealth into greater economic stability. Speaking at the African Minerals Policy Forum, dubbed Mining in Motion 2026, in Accra on Monday, October 19, AU Commissioner Francisca Tatchououp Belobe said the state-led […]