Inflation eases to 4.6%

The government has no plans to sell the Volta Aluminium Company (VALCO) but is instead seeking a strategic investor to inject more than US$700 million needed to revive the state-owned aluminium smelter, the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has said.

The Volta River Authority (VRA), Ghana Infrastructure Investment Fund (GIIF) and 24-Hour Economy and Accelerated Export Development Secretariat (24H+) have commenced negotiations on a Master Concession Agreement to develop the Volta Economic Corridor.

The Chartered Institute of Human Resource Management, Ghana (CIHRM Ghana) has conferred Chartered Human Resource Management Practitioner status on 35 professionals and admitted 182 new Associate Members at its 16th Conferral and 20th Graduation Ceremony held at the Ghana Tertiary Education Commission (GTEC) in Accra.

The African Agribusiness Consortium (AAC), a subsidiary of the Jospong Group of Companies, has secured 750 acres of irrigated land at Konadu in the Kwahu Afram Plains from the Ministry of Food and Agriculture (MoFA) to establish a large-scale vegetable production facility.

The International Monetary Fund (IMF) has advised the Bank of Ghana (BoG) to maintain a cautious monetary policy stance as risks from energy prices, exchange rate pressures and fiscal expansion could undermine recent inflation gains.

Access Bank (Ghana) Plc has partnered with Points Africa, a mobile-first rewards platform, to enhance the Rewards by Access loyalty programme by expanding the network of locations where customers can earn and redeem loyalty points.

The Ghana Extractive Industries Transparency Initiative (GHEITI) has raised concerns about long-term preservation of mineral wealth.

The Bank of Ghana (BoG) and the Chartered Institute of Bankers (CIB Ghana) have pledged their shared commitment to deepen collaboration, strengthen ethics and professionalism to ensure a more resilient and trusted banking sector.