The Government of Ghana has held high-level discussions with large-scale mining companies as part of efforts to accelerate the implementation of the Ghana Accelerated National Reserve Accumulation Policy (GANRAP), a flagship initiative aimed at strengthening national reserves and stabilising the cedi.
The Chief Executive Officer of GoldBod, Sammy Gyamfi, has announced a landmark development in Ghana’s mining and economic landscape, revealing that the Damang Gold Mine—owned by businessman Ibrahim Mahama—has sold 100 per cent of its first gold output to GoldBod and the Bank of Ghana to support the country’s national reserves.
The Vice President of the Ghana Union of Traders Association, Joseph Paddy, has stated that Ghana’s current economic conditions are creating a more stable and predictable environment for businesses, particularly within the trading sector.
The Government Statistician, Alhassan Iddrisu, has announced that Ghana’s building inflation rate continued its downward trend in March 2026, falling to 2.2 percent year-on-year. According to him, this marks the eleventh consecutive month of decline, signaling a sustained easing of cost pressures within the construction sector.
The National Pensions Regulatory Authority (NPRA) has announced that its upcoming Pensions Digital Ecosystem (PDE) will significantly improve transparency, strengthen oversight, and reduce fraud within Ghana’s pensions industry.
The Ghana Gold Board (GoldBod) has recorded a significant financial turnaround, with revenue increasing sharply from GH¢307.7 million in 2024 to GH¢970.8 million in 2025, reflecting what officials describe as exponential growth in operational performance.
Fuel prices in Ghana are set for a mixed adjustment beginning Friday, May 1, 2026, with petrol and diesel expected to record slight to significant reductions, while Liquefied Petroleum Gas (LPG) is projected to see a sharp increase. The latest projections are based on data released by the Chamber of Oil Marketing Companies, reflecting developments in both global oil markets and domestic economic conditions.
The Minister for Roads and Highways, Kwame Governs Agbodza, has announced that the government has settled $29.5 million in outstanding payments owed to contractors working on the Suame Interchange Project. The move is expected to accelerate construction activities and restore momentum on one of Ghana’s major infrastructure developments.
Fuel prices in Ghana are expected to record a slight decline from May 1, 2026, as the National Petroleum Authority (NPA) announces revised ex-pump price floors for petroleum products for the first pricing window in May.
The Government of Ghana continues to face mounting challenges in the domestic debt market, as its latest Treasury bill auction held on April 24 recorded a sixth consecutive undersubscription, highlighting persistent investor caution and tightening liquidity conditions.
The Environmental Protection Authority has issued a strong directive to mining companies across Ghana, warning that firms will face severe regulatory sanctions if they fail to prevent illegal mining activities within their concessions.
In a press statement released on Thursday, April 23, the Authority reaffirmed its legal powers under the Environmental Protection Act, 2025, and the Environmental Protection (Environmental Assessment) Regulations, 2025. It stressed that all licensed operators are legally obligated to protect the environmental integrity of their concession areas.
The EPA expressed growing concern over the increasing incidence of illegal mining—commonly known as “galamsey”—occurring within legally granted mining concessions. According to the Authority, this trend is significantly contributing to environmental degradation across the country.
Among the key impacts highlighted are the pollution of rivers and other water bodies, the destruction of forest reserves, and widespread land degradation. The EPA warned that these environmental harms are undermining national conservation efforts as well as the lawful operations of licensed mining companies.
In response to the situation, the Authority outlined a series of compulsory measures that all mining companies must implement without delay. These include strengthening security within concession areas to prevent illegal encroachment and establishing robust surveillance and monitoring systems.
Companies have also been instructed to promptly report all unauthorized mining activities to relevant state security and regulatory agencies. In addition, operators must strictly comply with all conditions attached to their environmental permits, including approved Environmental Impact Assessments (EIAs) and Environmental Management Plans.
The EPA emphasized that preventing pollution and environmental degradation within operational zones remains a core legal obligation for all licensed firms.
The Authority warned that any failure to adequately protect concessions or control illegal mining activities will be treated as a breach of permit conditions. Citing provisions under the Environmental Protection Act, 2025, the EPA indicated it is prepared to take firm enforcement action against non-compliant companies.
Sanctions may include suspension or outright revocation of environmental permits, imposition of administrative fines, and coordinated enforcement operations in collaboration with state security agencies.
The EPA said this tougher stance reflects a broader shift toward stricter environmental governance as Ghana intensifies efforts to combat illegal mining and its associated environmental damage.
As part of its enforcement strategy, the EPA announced plans to conduct a nationwide compliance monitoring exercise across all mining concessions. The exercise is scheduled to begin on May 10, 2026, and will assess whether mining companies are fully adhering to environmental regulations and permit conditions.
Mining firms have been urged to take immediate steps to ensure full compliance ahead of the inspections, which the Authority described as comprehensive in scope.
The EPA reiterated its commitment to enforcing environmental laws and protecting the country’s natural resources. It also called on mining companies to act responsibly and support national efforts to curb illegal mining.
“The Environmental Protection Authority remains committed to the strict enforcement of environmental laws and calls on all mining companies to uphold responsible environmental stewardship in support of national efforts to combat illegal mining,” the statement concluded.
Cocoa farmers in Ghana say delayed payments of up to six months are undermining their ability to harvest a rain-boosted mid-crop, despite improved yields in the world’s second-largest cocoa producer.
The Northern Electricity Distribution Company has seized more than 300 electricity meters in a sweeping anti-power theft operation conducted in Tamale, targeting residents accused of illegally bypassing their meters.