Ghana’s gold production recorded a 23.41 per cent increase in 2025, rising from 4.82 million ounces to 5.94 million ounces, driven largely by a historic surge in small-scale mining output.
President John Dramani Mahama was on Monday accorded a ceremonial welcome at the Belarusian Presidential Palace, where he held bilateral discussions with his Belarusian counterpart, President Alexander Lukashenko, as part of his State Visit to Belarus.
A statement issued by Ghana’s Presidency said the engagements culminated in the signing of three Memoranda of Understanding (MoUs) aimed at strengthening cooperation between Ghana and Belarus in key areas of mutual interest.
It said the agreements cover the establishment of a Joint Commission for Cooperation in Trade and Economic Affairs, enhanced collaboration between the respective Chambers of Commerce of both countries, and cooperation in the field of agriculture.
It noted that the Ghanaian side of the MoUs was signed by Mr Samuel Okudzeto Ablakwa, the Minister of Foreign Affairs; Dr Koma Steem Jehu-Appiah, Ghana’s Ambassador to Russia with concurrent accreditation to Belarus, and Mr Eric Opoku, the Minister for Food and Agriculture.
It noted that the agreements reflect the shared commitment of Ghana and Belarus to deepen bilateral relations, expand economic opportunities, and advance cooperation in sectors that support sustainable growth and development.
Ghana’s inflation rate rose for the second consecutive month in May 2026, signalling a slowdown in the country’s disinflation trend as food prices continued to drive up consumer costs.
Nigeria’s 650,000-barrel-per-day (bpd) Dangote oil refinery has a large surplus of jet fuel and can supply the product worldwide, Chief Executive David Bird said on Tuesday.
The Bank of Ghana (BoG) has dismissed reports suggesting it is considering the sale of its newly constructed headquarters in Accra, describing the publication as false and misleading.
The State Interests and Governance Authority (SIGA) has commended the Tema Oil Refinery (TOR) for recording a profit before tax of GHC 1.24 billion in 2025 and submitting six years of outstanding audited financial statements.
President John Dramani Mahama has announced that the Tema Oil Refinery (TOR) will begin processing Ghanaian crude oil in June 2026 as part of efforts to increase local value addition and reduce the country's dependence on imported refined petroleum products.
The National Petroleum Authority (NPA) has urged fuel consumers to always demand receipts and verify their purchases at filling stations to prevent disputes and protect themselves from possible malpractice.
Ghana’s economy has moved “from the Intensive Care Unit (ICU) to the Wellness Centre,” shifting to reform partnership, Finance Minister Finance Minister Dr. Cassiel Ato Baah Forson has declared.
Dr. Cassiel Ato Baah Forson, the Minister of Finance, says Ghana does not expect to return to the International Monetary Fund (IMF) for another financial bailout in the foreseeable future.
Parliament is set to lead by example in Ghana’s transition to renewable energy with plans to install solar panels at the Parliamentary enclave as part of efforts to promote clean energy adoption across Ghana.
