Gov’'t targets higher-value tourism to boost forex earnings

The Bank of Ghana (BoG) has expanded its monetary policy education efforts with the second edition of its Monetary Policy Committee Educational Observership Programme (MPC-EOP), giving university students direct exposure to the analytical and deliberative processes that underpin the setting of the policy rate.

Some 576 volunteers have removed 51.5 tonnes of waste from Ananse Beach at Nungua in Accra as part of activities marking World Cleanup Day 2026.

The Ghana National Petroleum Corporation (GNPC) has supplied about 950,000 barrels of Sankofa crude oil to the Tema Oil Refinery (TOR) in a commercial deal that strengthens the link between the country's upstream production and domestic refining.

Economist and legal practitioner Appiah Kusi Adomako has called on government to test the US$235million desalination penalty award for legal grounds to mount a challenge, while negotiating a settlement that contains the state’s exposure and restores water supply to Teshie and surrounding communities.

Must a country build everything others built, in the same order, before its people can enjoy similar opportunities? Leapfrogging offers a different way of thinking about that question. 

Power tariffs will remain unchanged in the fourth quarter (Q4) despite a 3.04 percent depreciation of the cedi and a sharp rise in the inflation assumption used by the Public Utilities Regulatory Commission (PURC) as lower natural gas costs and a stronger projected contribution from hydro generation help contain pressure on electricity prices.

The Bank of Ghana has maintained its policy rate at 14 percent, with the Monetary Policy Committee assessing the risks to inflation and economic growth as broadly balanced despite renewed global price pressures.

The Bank of Ghana will introduce a new series of banknotes in November, replacing the current designs with upgraded notes featuring enhanced security and durability features as the central bank seeks to strengthen currency integrity and improve cash management.