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Fitch raises Ghana’s credit rating to ‘B-’; outlook stable
Fitch Ratings has upgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘Restricted Default’ (RD) to ‘B-’, assigning a Stable Outlook.
Business
AfDB to launch facility in Ghana to unlock infrastructure financing
The African Development Bank (AfDB) Group plans to set up a special facility in Ghana to reduce investment risks and boost financing for infrastructure and real sector development
Business
Petrol, diesel and LPG prices to decline amid Cedi appreciation and GH¢1 levy suspension
Prices of petroleum products at the pumps are expected to decline beginning today, June 16, 2025, following the government’s decision to suspend the proposed GH¢1.0 Energy Sector Levy.
Business
Economy Expands 5.3% in Q1 2025, Buoyed by Services and Agriculture
Ghana’s economy posted a year-on-year growth of 5.3% in the first quarter of 2025, outpacing the 4.9% expansion recorded in the same period last year
Business
Gov’t to launch 24-Hour Economy Initiative with round-the-clock port operations
Government will make Tema and Takoradi ports operate 24/7 from July 1, 2025, under the new 24-hour economy policy to boost trade and production
Business
Consumer Price Inflation down to 18.4% in May as Cedi gains, fiscal measures drive stability
The Consumer Price Inflation for May fell by 2.8 percentage points to 18.4% from 21.2% recorded in April 2025
Business
ACUC urges Gov’t to link Tema Port to Sahel Region to boost trade
The AfriKan Continental Union Consult (ACUC) has called on the government of Ghana to connect the Tema Port to landlocked Sahel countries to facilitate trade