Joy Business News

The Bank of Ghana says it expects the recent stability of the cedi to continue, following improved conditions in the foreign exchange market. The Central Bank says the gains have been supported by measures including its Forex Intermediation and FX Intervention program, which have helped improve dollar supply and reduce pressure on the local currency.

The CEO of the Ghana National Chamber of Commerce and Industry (GNCCI) has urged the government to address the high cost and unreliability of electricity supply to safeguard local businesses.

An IMF staff team is scheduled to arrive in Accra on Wednesday, April 29, 2026, to commence the sixth and final review of Ghana's $3 billion Extended Credit Facility (ECF) programme.

Credit conditions in the banking sector remained subdued in February 2026, reflecting banks' cautious risk-taking stance and a continued preference for Government and Bank of Ghana securities, the Bank of Ghana has disclosed.

Ghana's debt-to-GDP ratio is projected to rise to 53.0% by the end of 2026, up from 45.3% recorded in 2025, according to the International Monetary Fund (IMF).

The Governor of the Bank of Ghana, Dr Johnson Asiama, has revealed that the country received nearly $7.8 billion in remittance inflows by the end of 2025, underscoring the increasing role of diaspora contributions in the national economy.

Diesel prices are expected to drop by about 4% to around GH¢18.50 per litre from April 16, 2026. Petrol prices, however, may rise by nearly 2% to about GH¢15.24 per litre.

The Chamber of Oil Marketing Companies (OMCs) in Ghana has expressed its support for the government's proposal to review taxes and levies on petroleum products in response to rising pump prices.

Airline ticket prices for both domestic and international travel are set to increase from today, as carriers begin implementing the government's Airport Infrastructure Development Levy.

Parliament has passed the Value for Money Office Bill 2026, clearing the way for the creation of a new independent body tasked with strengthening oversight of public spending and procurement.