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    Wednesday, 16 September 2026 | Ghana's Premier Data Journalism Platform

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    Economy

    Cedi Weakens to GHS 11.95 Against Dollar

    Ghana's cedi has weakened significantly, reaching GHS 11.95 to the US dollar at forex bureaus. This depreciation is driven by strong corporate and offshore demand for foreign exchange, particularly for import payments and profit repatriation. The Bank of Ghana's reduced intervention target further tightened market liquidity. This trend impacts businesses and consumers, raising import costs and potentially fueling inflation. While the Bank of Ghana and GoldBod plan interventions, the cedi is expected to face continued pressure, highlighting the need for increased local production and diversified export revenues.

    Adwoa Mensah-Bonsu|2h ago
    Politics & Policy

    Catholic Bishops Propose 20 Percent Admission Quota

    Nana Yaw Amoako|6h ago
    Markets & Data

    Ghana Fixed Income Market Sees GHS 883 Million Turnover, Treasury Bills Dominate

    Abena Owusu|9h ago
    Business

    Bank of Ghana Issues GHS 13.71 Billion in 14-Day Bills

    Kwame Kusi|9h ago
    Economy

    GRA Targets GHS 260 Billion Revenue by 2028

    Nana Yaw Amoako|11h ago

    Economy

    Economy

    GRA Targets GHS 260 Billion Revenue by 2028

    The Ghana Revenue Authority (GRA) plans to collect GHS 260 billion in revenue by 2028, a significant increase from the GHS 130 billion collected in 2024. This ambitious target relies heavily on the growth of Ghanaian businesses and industries, alongside enhanced tax compliance and digitisation efforts. Commissioner-General Anthony Kwasi Sarpong emphasized that the GRA's success is directly tied to a thriving private sector, highlighting a strategic focus on broadening the tax base and simplifying tax rules.

    Nana Yaw Amoako|11h ago
    Business

    Ghana Ports Face Crisis as Importers Call for Urgent Decongestion

    Ghana's ports face a looming crisis due to severe congestion and operational bottlenecks, according to the Importers and Exporters Association of Ghana (IEAG). The IEAG has called for immediate high-level intervention, led by the Chief of Staff, to prevent a full-blown crisis that could harm trade competitiveness, revenue generation, and the national economy. The Association highlights systemic issues across customs, inspections, and terminal operations, urging for measurable performance targets and accountability from all agencies involved in port activities.

    Esi Larbi|11h ago
    Economy

    COVID-19 Fumigation Audit Gap Raises Concerns Over Public Funds

    An investigation revealed a GHS 624 million gap between actual COVID-19 fumigation expenditure and the amount reported by the Auditor-General. This disparity, highlighted by Edem Senanu, raises serious concerns about public financial accountability and the accuracy of official audit reports in Ghana.

    Ama Mensah|12h ago

    Markets & Data

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    Markets & Data

    Ghana Stock Exchange Trading Surges 130% to 34.6 Million Shares

    Trading on the Ghana Stock Exchange saw a substantial increase, with 34.59 million shares changing hands, a 130.2% rise from the previous week. Transaction values also climbed by 77.8% to GHS 165.94 million. This surge in activity occurred even as the GSE Composite Index and market capitalization declined, indicating concentrated trading in specific stocks rather than broad market gains. Information and communications technology stocks, led by MTN Ghana, dominated the value traded.

    Abena Owusu|1d ago

    Ghana Stock Exchange Rises 0.07% as Banking Stocks Boost Market

    Dr. Nana Asare|1d ago

    Ghana Bond Market Turnover Plummets 68% to GHS 2.12 Billion

    Abena Owusu|4d ago

    Ghana Fixed-Income Trading Reaches GHS 1.21 Billion With Focus on Longer-Dated Securities

    Dr. Nana Asare|6d ago

    Business

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    Business

    Sentuo Group Breaks Ground on Airport Garden City Project, Promises 3,000 Jobs

    Sentuo Group has commenced its Airport Garden City project in Accra, a large-scale mixed-use development expected to create over 3,000 jobs. Former President John Dramani Mahama officially launched the project, which includes residential units, a hotel, conference facilities, and retail spaces. The initiative aims to enhance Accra's urban appeal and contribute to Ghana's economic development through job creation and skills transfer.

    Ekow Quansah|13h ago

    Fidelity Bank Donates GHS 200,000 to Ghana Medical Trust Fund

    Kwesi Boateng|18h ago

    Tema Port Faces Trade Diversion Threat Amid Rising Costs

    Ekow Quansah|23h ago

    Ghanaian Leather Producers Seek 36.1% Duty Relief on Raw Materials

    Kwesi Boateng|23h ago

    Politics & Policy

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    Politics & Policy

    ACEP Director Challenges EOCO's GHS 850 Million PDS Probe

    Benjamin Boakye, Executive Director of the Africa Centre for Energy Policy (ACEP), has strongly criticised the Economic and Organised Crime Office's (EOCO) handling of the renewed Power Distribution Services (PDS) investigation. He insists that accounts between the Electricity Company of Ghana (ECG) and PDS must be reconciled to establish any debt before criminal charges are pursued, particularly concerning an alleged GHS 850 million. Boakye warns that current investigative tactics risk blurring the line between investigation and punishment, citing frozen accounts and stringent bail conditions for individuals linked to PDS.

    Grace Adjei|18h ago

    Illegal Mining Breaches Atewa Forest, Police Accused of Complicity

    Grace Adjei|1d ago

    Private Schools Demand Scrap 15% SHS Priority Quota

    Kofi Asante|3d ago

    Ghana Abolishes 20% Excise Duty on Local Fruit Juices

    Grace Adjei|4d ago

    Energy & Resources

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    Energy & Resources

    Fuel Prices to Surge 10% as Global Oil Costs Rise

    Ghanaian consumers will experience significant increases in fuel prices starting September 16, 2026. Diesel prices are projected to rise by 10.23% to GHS 19.07 per litre, while petrol could increase by 4.24% to GHS 16.26 per litre. These hikes are driven by a sharp surge in international crude oil and refined petroleum product prices, despite a marginal strengthening of the Ghana cedi against the US dollar. The Chamber of Petroleum Consumers (COPEC) made these projections, highlighting the broader economic impact on transportation and business costs.

    Samuel Darko|23h ago

    Oil Prices Jump 3% Amid Middle East Conflict and Diplomatic Stalls

    Samuel Darko|1d ago

    Eni and Vitol Secure Two Offshore Oil Blocks

    Samuel Darko|1d ago

    Fuel Prices Set to Rise Sharply, Diesel Up 10.23 Percent

    Akosua Boateng|2d ago

    Agriculture

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    Agriculture

    Ghana Food Prices Stabilise as Rice Falls 16.4% Annually, Fuel Costs Threaten Gains

    Ghana's food prices showed broad stability in August, with key staples like rice and sorghum experiencing significant year-on-year declines. Rice prices fell 16.4% from a year ago, offering relief to consumers. However, the Alliance for a Green Revolution in Africa (AGRA) warns that increasing fuel prices, tightening global grain markets, and a strong El Niño event could undermine these gains. Policymakers face the challenge of not only boosting food production but also reducing transport and distribution costs to maintain affordability.

    Abena Owusu|13h ago

    COCOBOD's GHS 5.11 Billion Profit Masks Financial Recklessness

    Abena Owusu|1d ago

    Ghana Targets 400,000 Tonnes Annual Tomato Production

    Dr. Nana Asare|3d ago

    Ghana Maize Prices Halve While Consumer Food Costs Remain High

    Abena Owusu|3d ago

    Companies

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    Companies

    Bawa Rock Donates GHS 1.5 Million to Obuasi Fire Victims

    Bawa Rock Limited, an Obuasi-based gold trading company, has donated GHS 1.5 million, 65 industrial sewing machines, and 110 Butterfly-branded sewing machines to victims of the recent Obuasi Town Hall fire. This significant contribution aims to support those who lost their livelihoods and properties in the devastating incident.

    Kwame Kusi|1d ago

    GoldBod Reports GHS 896.5 Million Profit Surge

    Kwesi Boateng|4d ago

    Tema Oil Refinery Records GHS 1.09 Billion Profit After Years of Losses

    Kwame Kusi|5d ago

    UMB and 3TREES Launch Nationwide Paint Discount Scheme

    Kwame Kusi|6d ago

    Most Read

    1Cedi Weakens to GHS 11.95 Against Dollar2Catholic Bishops Propose 20 Percent Admission Quota3Ghana Fixed Income Market Sees GHS 883 Million Turnover, Treasury Bills Dominate4Bank of Ghana Issues GHS 13.71 Billion in 14-Day Bills5GRA Targets GHS 260 Billion Revenue by 20286GRA Targets GHS 260 Billion Revenue by 20287Ghana Ports Face Crisis as Importers Call for Urgent Decongestion8COVID-19 Fumigation Audit Gap Raises Concerns Over Public Funds9Minority Boycotts Briefing Over GHS50 Million Evacuation Bill10Ghanaians Link Double-Track System to Reduced SHS Quality