The Government has announced plans to abolish the 20 per cent excise duty on locally manufactured fruit juices, a move aimed at boosting agro-processing, supporting local manufacturers and creating jobs across the agricultural value chain. The measure forms part of the proposed Excise Duty Bill, one of several tax reforms outlined by Finance Minister Dr. Cassiel Ato Forson during the…
By Kofi Ahovi The Government has secured more than US$3.5 billion in new investment commitments to revitalise Ghana's upstream petroleum sector, as part of a broader strategy to reverse years of declining crude oil production and strengthen the country's energy security. Presenting the 2026 Mid-Year Budget Review to Parliament on Thursday, July 23, 2026, Finance Minister Dr. Cassiel Ato Forson…
…central bank’s MPC adjudges upside and downside risks balanced By Toma Imirhe After considering the upside and downside dynamics currently impacting on the performance of the country’s economy, the Bank of Ghana’s Monetary Policy Committee (MPC) on Wednesday, July 22, 2026 unanimously decided to retain its benchmark Monetary Policy Rate (MPR) at 14%. This is the second consecutive time it…
