Gov’t begins setting aside funds for GH¢54bn DDEP repayment due next year
By Ashiadey Dotse Finance Minister Dr Cassiel Ato Forson says the government has started setting aside funds to meet a GH¢54 billion repayment under the Domestic Debt Exchange Programme (DDEP) due next year, as part of efforts to prevent another debt crisis and maintain economic stability. Speaking during a working visit by the Vice President […]
CMC MD secures Gulf offtake deals for Ghana’s semi-finished cocoa products
The Cocoa Marketing Company (CMC) Ghana Limited has secured firm offtake commitments in the United Arab Emirates and Saudi Arabia for Ghana’s semi-finished cocoa products, strengthening the country’s efforts to expand domestic value addition under President John Dramani Mahama’s target of processing 50 per cent of Ghana’s cocoa locally. The commitments were secured by CMC […]
Allow visa-on-arrival for all Africans to boost intra-African trade – AfCFTA Secretary-General
By Love Wilhelmina Abanonave The Secretary-General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has called on African governments to adopt visa-on-arrival policies for all African citizens, arguing that easier cross-border travel is essential to boosting intra-African trade and economic growth. Speaking on the GTV Breakfast Show on Tuesday, July 7, 2026, Mr […]
Government settles US$700 million eurobond debt ahead of schedule
By Ashiadey Dotse The Ministry of Finance has announced that the Government of Ghana has fully settled a US$700 million Eurobond obligation ahead of schedule.According to a press release issued by the ministry on Monday, July 6, 2026, the payment was completed on Thursday, July 2, 2026. The settlement included US$525.2 million in principal repayments […]
COCOBOD releases GH¢2.6 billion to pay cocoa farmers
By Ashiadey Dotse The Ghana Cocoa Board (COCOBOD) has released GH¢2.6 billion to Licensed Buying Companies (LBCs) to pay cocoa farmers across the country for cocoa purchases. In a press statement issued on July 2, 2026, COCOBOD said the funds are intended to ensure that farmers receive payments for cocoa supplied during the current crop […]
Ghanaians urged to embrace energy-efficient cooling as electricity tariffs rise
By Mabel Adorkor Annang In the wake of the latest electricity tariff increases, households and businesses are being urged to adopt energy-efficient refrigeration and air conditioning practices to reduce electricity consumption and lower their energy bills. Speaking in an interview to mark World Refrigeration Day, Chief Executive of the Center for Shared Responsibility and Technology […]
World Bank upgrades Ghana 2026 growth forecast to 4.8%
By Nana Karikari, Senior Global Affairs Correspondent The World Bank has adjusted its growth projections for Ghana, signaling a period of stabilization for the West African nation. According to the June 2026 Global Economic Prospects report, the institution raised Ghana’s Gross Domestic Product growth forecast for 2026 to 4.8 percent. This represents a 0.2 percentage […]
Afoko says Upper East Region needs international airport to boost exports
By: Jacob Aggrey Renowned Ghanaian businessman and an indigene of the Upper East Region, Awentami Paul Afoko, has called for the construction of an international airport in the Upper East Region, arguing that it is critical to unlocking the region’s agricultural and export potential. Addressing stakeholders at the Regional Development Framework validation forum in Bolgatanga, […]