The Ghana cedi recorded marginal losses against major international currencies over the past two weeks, although it remained relatively stable on the retail foreign exchange market, supported by continued interventions by the Bank of Ghana. Latest market data indicate that the cedi depreciated by 0.47% against the US dollar on the interbank market, closing the […]

President John Dramani Mahama has directed the National Petroleum Authority (NPA) to absorb GH¢2 on every litre of diesel, in a move aimed at cushioning consumers against the impact of recent fuel price increases. The intervention, which takes effect on Tuesday, August 4, 2026, is expected to provide some relief to commercial transport operators, businesses […]

Ghanaians lost an estimated US$1.3 million to mobile money fraud during the first quarter of 2025, according to the INTERPOL African Cyberthreat Assessment Report 2026. The findings highlight the growing threat of cyber-enabled financial crime as mobile money and other digital payment services become increasingly important to households and businesses. INTERPOL identified mobile money fraud […]

The Bank of Ghana has published a list of 20 digital credit applications accused of operating illegally in the country and warned the public to stop conducting business with them. The warning was contained in Public Notice No. BG/GOV/SEC/2026/25, issued by the central bank on Monday, August 3, 2026. According to the regulator, the listed […]

Motorists across Ghana are beginning to experience a fresh increase in fuel prices as several Oil Marketing Companies (OMCs) implement new pump prices under the latest petroleum pricing window. Star Oil was among the first major OMCs to revise its prices on Saturday, August 1, 2026. The company increased the price of petrol from GH¢14.47 […]

Traders at the Agbogbloshie Market in Accra have appealed to the government and the Accra Metropolitan Assembly to repair the market’s deteriorated roads and address its persistent sanitation problems. They say muddy pathways, deep potholes and stagnant water have made movement within the trading area extremely difficult, particularly during the rainy season. According to the […]

MTN Ghana has warned Mobile Money loan defaulters that changing or discarding their SIM cards will not erase their outstanding debts. The company explained that every MoMo account is linked to the subscriber’s unique Ghana Card identity, making it possible to trace borrowers even after they abandon the telephone numbers used to secure loans. MTN […]

Ghana requires an estimated US$37 billion every year to address its widening infrastructure deficit and manage the pressures associated with rapid urbanization, according to findings highlighted by the World Bank. The substantial financing requirement underscores the urgency of investing in essential infrastructure capable of transforming the country’s growing cities into productive and sustainable economic centers. […]