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July 30, 2026
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Government rejects proposal to tax President’s ex gratia and pension benefits – Ayine
Money
Policy
Key Points
- The Ghanaian government has rejected proposals to tax the President's ex gratia and pension benefits.
- However, the government supports taxing the President's salary, allowances, and applicable indirect taxes on goods and services.
- Attorney-General Dr. Dominic Ayine announced this stance as part of ongoing constitutional review efforts.
- The decision is framed as contributing to strengthening governance and improving public accountability.
- The government accepts the principle that the President should not enjoy tax exemptions solely by virtue of office.
Why This Matters
This decision directly impacts public perceptions of fairness and accountability regarding the emoluments of Ghana's highest office. While the government accepts taxing the President's salary, the exemption of ex gratia and pension could fuel debates on executive privilege and equitable taxation within the public sector. It's a key development in the ongoing constitutional review aimed at strengthening governance.
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September 13, 2026
Massive crowds flock to JoyNews–Republic Bank Habitat Fair on final day to explore mortgages and seek expert advice
- The second JoyNews–Republic Bank Habitat Fair in Accra concluded after three days, attracting massive crowds.
- The fair connected prospective homeowners with financial institutions, property developers, construction companies, and industry professionals.
- Attendees explored various mortgage options, including those from Republic Bank Ghana and the National Homeownership Fund (NHF).
- Exhibitors showcased a wide range of products and services, from building materials and security to renewable energy and interior design.
- The strong turnout underscores a growing interest in homeownership and the significant demand for accessible financing and expert guidance in Ghana.
September 13, 2026
COPEC calls for GH¢1 petrol, continuation of GH¢2 diesel subsidy amid price surge
- COPEC is calling on the Ghanaian government to extend fuel subsidies into the second pricing window of September.
- The Chamber proposes a GH¢1 per litre relief for petrol and maintaining the GH¢2 per litre subsidy on diesel.
- This appeal comes as COPEC projects significant price increases from September 16, with petrol reaching GH¢16.26/litre and diesel GH¢19.07/litre.
- The projected increases are attributed to substantial rises in international crude oil (from $89.30 to $103.07/barrel) and refined product prices.
- COPEC also urged Oil Marketing Companies to reduce their margins and the government to expedite Tema Oil Refinery's (TOR) expansion to 100,000 barrels per day to reduce import reliance.
September 12, 2026
IFC Managing Director Makhtar Diop to visit Ghana for investment talks
- The Managing Director of the International Finance Corporation (IFC), Makhtar Diop, will visit Ghana from September 15 to 17, 2026.
- The visit aims to engage government and private sector leaders to boost private investment and support Ghana's development priorities.
- Discussions will focus on mobilizing private capital, strengthening businesses, expanding access to finance, and creating jobs across key sectors like agribusiness, renewable energy, and the creative economy.
- Mr. Diop will meet senior government officials, business leaders, entrepreneurs, civil society, and academic institutions.
- IFC's commitments in Ghana significantly increased to $670 million in fiscal year 2026, up from $61 million in fiscal year 2021, reflecting its growing role in mobilizing private investment.