Ghana’s Economic Turnaround Stuns IMF — Inflation Down, Reserves Up, Confidence Rising

Ghana’s extraordinary economic recovery has been praised by the International Monetary Fund (IMF), which also noted notable improvements in external balances, debt levels, and inflation during the current program. In addition to praising the accomplishment of single-digit inflation in September, which dropped from 54% to 9.4%, Dr. Adrian Alter, the IMF Resident Representative to Ghana…

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Courier Industry Breathes! Gov’t Reduces Fees, Halts Enforcement Till Year-End

In an effort to ease financial hardship and promote adherence to industry standards, the government has announced intentions to cut the GH¢1,070 registration cost for courier firms. The Public Accounts Committee was notified by Hon. Sam George, Minister of Communication, Digital Technology, and Innovation, that a new fees bill would be introduced to Parliament that…

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Payment Without Evidence? Minister Pushes Issue Back to Audit Service & Courts

Nartey, Samuel, payment of GHS6.7 million to Smart Infraco Limited in December 2023 was made under his predecessor, not under his government, according to George, Minister of Communication, Digital Technology, and Innovations. Due to the absence of supporting documentation, proof of services delivered, or an explanation for the spending, the payment—which was meant for a…

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GAF Reloaded! Gov’t Rolls Out Mega Reforms to Boost Combat Readiness

In order to improve operational effectiveness and readiness for changing security threats, the government has announced a significant retooling and modernization of the Ghana Armed Forces (GAF). At the 2025 Land Combat Fire Power Demonstration (LCFPD) at Bundase on October 31, Deputy Minister for Defense Ernest Brogya Genfi launched the project, calling it one of…

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$4,380 Gold Boom Triggers Massive Audit — Non-Compliant Firms Face Sanctions

In an effort to improve regulatory monitoring and recoup any wasted income, the Minerals Commission has begun a countrywide examination of significant mining corporations. Production records, mineral flows, tax and royalty payments, and environmental compliance will all be examined during the ten-year assessment, which will be headed by government auditors, forensic accountants, and independent experts….

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