Key players in Ghana’s logistics and trade sectors are set to stage a major protest against the practices of shipping lines operating within the country on Tuesday, September 24, 2024. The Ghana Institute of Freight Forwarders (GIFF), the Association of Customs House Agents of Ghana, Freight Forwarders Association of Ghana, and the Customs Brokers Association […]

The Ministry of Finance (MoF) has reported that Ghana’s Gross Domestic Product (GDP) shows signs of a strong economic recovery despite global challenges and ongoing debt restructuring efforts. According to the latest figures from the Ghana Statistical Service (GSS), the country’s economic growth in the second quarter (Q2) of 2024 reached 6.9%, up from 4.7% […]

Comedian and actor Michael Blackson has voiced his deep disappointment with the Ghanaian government following its default on Eurobond payments. Blackson, who is of Ghanaian descent, had invested in Eurobonds to support his charitable project, the Michael Blackson Academy, located in Agona Nsaba. In a series of posts on X (formerly Twitter), he expressed frustration […]

Ghana risks losing an estimated $50 million in revenue if the European Union (EU) enforces a ban on the export of vegetables and other produce due to the ongoing damage caused by illegal mining activities.   The Vegetable Producers and Exporters Association of Ghana (VEPEAG) has raised concerns about the serious impact such a ban […]

Fuel prices are projected to decrease in the upcoming pricing window, starting Monday, September 16, 2024, according to the Chamber of Petroleum Consumers (COPEC). Amid fluctuations in global petroleum prices, consumers can expect an average price reduction of about 4% on diesel, petrol, and LPG, COPEC indicated.   “Unless there are any significant unexpected changes […]

The inflation rate in Ghana for August 2024 decreased to 20.4%, down from 20.9% in July, continuing a six-month downward trend since March, when inflation peaked at 25.8%. Government Statistician, Professor Samuel Kobina Annim, attributed this decline to a reduction in food inflation, which dropped to 19.1% in August. In contrast, non-food inflation rose slightly […]

At the China-Ghana Business Forum in Shenzhen, China, on September 7, 2024, President Nana Addo Dankwa Akufo-Addo made a strong appeal for increased Chinese investment in Ghana. Addressing a group of Chinese business leaders, the President highlighted the enduring relationship between the two countries and outlined the vast investment opportunities available in Ghana across sectors […]

The Ghana Airports Company Limited (GACL) has warmly welcomed Virgin Atlantic’s decision to resume operations in Ghana starting in May 2025. Virgin Atlantic will become the 25th airline to operate out of Kotoka International Airport, with a daily flight schedule on a Boeing 787 Dreamliner.   The airline’s return highlights the confidence in Ghana’s aviation […]

Consumer inflation in Ghana has been on a downward trend for the past four months, with the year-over-year rate dropping to 20.9% in July. This marks a 2.1 percentage point decrease from June’s 23.0%, reflecting a gradual easing of the economic pressures that were more intense in 2023.   In July, food inflation stood at […]

Subscribers of mobile network operators, particularly those with Telecel Ghana, should prepare for a possible increase in the cost of voice and data services provided by the telecom company. In a notice to its customers, Telecel Ghana announced that these potential price changes would come into effect today, August 12, 2024. While the notice did […]