Minority alleges secret plot to capture VALCO, demands transparency

September 13, 2026

• 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

• 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.

September 12, 2026

• The Ghana National Association of Private Schools (GNAPS) demands the complete abolition of the 15% priority placement allocation in the Senior High School (SHS) system.
• GNAPS argues that the current policy unfairly advantages students from public basic schools over those from private schools in securing preferred SHS placements.
• They contend that the definition of 'deprived schools' is flawed, wrongly equating public school attendance with low-income status and excluding private schools operating in challenging communities.
• GNAPS warns that the policy threatens the sustainability of private schools by potentially causing declining enrollment as parents move children to public schools for better placement odds, leading to financial difficulties.
• The association advocates for an SHS placement system based on equal opportunity for all students, irrespective of the type of basic school they attended.