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Seventy-three percent of consumers in a survey conducted by Maverick Research believe prices of foreign goods should drop significantly, especially on products like electronics, auto parts, building materials, and fuel. This is due to the significant appreciation of the Ghana cedi. However, more than one in five respondents expect prices of domestically produced items to either hold steady or rise, despite the stronger currency. The survey was conducted between b June 1 and 20, 2025, across Accra, Kumasi, and Tamale. “There’s a sense that some local pricing is sticky,” said Ato Micah, Managing Principal, Maverick Research. “Even as import costs…

The Bank of Ghana (BoG) has long recognised that increasing use of technology in the financial sector comes with cyber threats, First Deputy Governor, Dr Zakari Mumuni, has said. To that end, he said measures have been taken to address the matter and that at the heart of these efforts is the consumer. “In Ghana, mobile money accounts now exceed 70 million, introducing millions of first-time users into formal finance. But with this growth comes greater exposure. Complaints about failed transactions, fraud, and service disruptions are rising,” he said. He noted that the response of the BoG has been multifaceted.…

Along side the just ended Ghana–China Business Summit 2025, the Office of the Chief of Staff at the Presidency hosted a high-powered delegation of Chinese investors, last week. The meeting was aimed boosting Ghana’s international investment drive and appeal to Chinese investors, especially manufacturers, as government is scheduled to unveil the 24-Hour Economy policy this week, The summit, organized in collaboration with the Sino-Africa Group, underscores a renewed commitment to economic partnership between the two countries. Representing President John Dramani Mahama, Hon Julius Debrah welcomed the delegation at Jubilee House and called on Chinese manufacturers to seize Ghana’s strategic advantages…

Cocoa prices ended last week’s rally upon news that Ghana’s Cocoa Board had cut its 2024/25 cocoa production forecast to 600,000 metric tonne from a December estimate of 617,500. The outlook for smaller cocoa supplies from Ghana, the world’s second-largest cocoa producer, is pushing prices sharply higher. The ongoing crop season in Ghana has been affected by several factors. One is adverse weather conditions such as unpredictable rainfall patterns, prolonged dry spells and climate change which have negatively impacted cocoa yields. Another is swollen shoot virus disease which continues to spread in cocoa-growing regions, reducing productivity and forcing the destruction…

Ghana has officially celebrated its first International Micro, Small and Medium Enterprises (MSME) Day with a strong commitment to reposition the sector as a catalyst for national transformation, digital inclusion, and sustainable economic growth. At the maiden national event held in Accra on Friday, June 27, 2025, Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, laid out a comprehensive government roadmap under the theme “Empowering MSMEs, Connecting Entrepreneurs for a Digital and Sustainable Future.” “We are gathered as a full spectrum of Ghana’s enterprise ecosystem, from government and development partners to financiers and technology enablers, to connect, collaborate and chart…

The Ministry of Education has expressed deep sorrow following the tragic deaths of three students of Nkwanta Senior High School, a result of renewed tribal violence in the Nkwanta area of the Oti Region. In a press release issued on June 27, the Ministry confirmed the fatal shooting of two female day students on Thursday, June 26, and the death of a male student who was hit by a stray bullet on Friday, June 27, 2025. “We are heartbroken to learn of the fatal shooting of two female day students on Thursday, 26th June, and the loss of a male…

The National Disaster Management Organisation (NADMO) has announced plans to begin a countrywide assessment of old buildings, following a series of building collapses in Cape Coast that have left many residents displaced. Five separate structures have crumbled in the Central Region city within a short period, prompting renewed concerns over structural integrity nationwide. Richard Amo Yartey, Director of NADMO’s Inspectorate Unit, said the initiative aims to avert future tragedies linked to neglected buildings. He made the remarks during an interview with Citi News when NADMO delivered relief items to flood victims and those affected by the building collapses in Cape…

The Bank of Ghana (BoG) has called on media professionals to strengthen their understanding of economic and financial matters to enhance the quality and accuracy of public discourse. The call came during the opening of a three-day training seminar for 25 selected journalists in Koforidua, the Eastern Regional capital. According to the central bank, better-informed financial reporting plays a critical role in helping Ghanaians make sense of economic policies and bolsters trust in the country’s economic management structures. Speaking to the media on Friday, June 27, Director of Communication at the BoG, Bernard Otabil, underscored the purpose of the seminar.…

The Women Caucus of Parliament on Friday paid a courtesy visit to Vice President Prof. Jane Naana Opoku-Agyemang at Jubilee House, offering their support following her return from medical leave. The female legislators, drawn from both the Majority and Minority sides, gathered at the Vice President’s office to express goodwill and solidarity after her months-long absence due to health concerns. Prof. Opoku-Agyemang, Ghana’s first female Vice President, had been receiving treatment both locally and in the UK since early April and returned to the country on May 22, 2025. Her recovery was formally announced by the Jubilee House, and she…

More than 5,700 people have been severely affected by heavy flooding across 14 districts in the Central Region following consistent rainfall over a 10-day period, according to the National Disaster Management Organisation (NADMO). Kwesi Dawood, the Central Regional Director of NADMO, described the damage caused by the torrential rains recorded between June 18 and June 27 as widespread and devastating. Many residents are in urgent need of support, with properties submerged and homes destroyed. “The Central Region has experienced flood disasters in 14 of our districts, excluding Cape Coast Metropolis. Affected areas include Komenda, Assin South, Dunkwa-On-Offin, Upper Denkyira East,…