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April 4, 2026
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There is no imminent fuel shortage – President Mahama assures Ghanaians amid Iran conflict
Money
Policy
Growth
Key Points
- President Mahama assured Ghanaians there is no imminent fuel shortage, with six weeks of petroleum reserves, despite the ongoing Iran conflict.
- An emergency cabinet meeting has been convened to discuss measures to cushion citizens from rising fuel prices, potentially adjusting fuel margins and levies.
- Fuel prices in Ghana surged significantly on April 1, 2026, with petrol rising by 15% to GH¢13.30/litre and diesel by 19% to GH¢17.10/litre.
- The government is committed to easing the burden on consumers and has measures in place to build an economy resilient to external shocks.
- Ghana also boasts six months of export cover, contributing to its economic stability amidst global uncertainties.
Why This Matters
This article highlights the direct impact of global geopolitical events on Ghana's domestic economy, particularly the cost of living and transportation. The government's proactive response to ensure fuel supply and mitigate price hikes is crucial for maintaining economic stability, controlling inflation, and preventing social unrest. It also underscores Ghana's efforts to build economic resilience against external shocks.
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Eastern Corridor Road to undergo full asphalt reconstruction, not patch repairs – Roads Minister
- The Minister for Roads and Highways announced a full reconstruction of sections of the Eastern Corridor Road.
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- This decision follows technical assessments revealing the corridor has exceeded its design life and requires a more permanent solution.
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Ibrahim Mahama to pay hospital bills of Ghana’s tallest man battling gigantism
- Businessman Ibrahim Mahama has pledged to fully cover the medical expenses of Abdul-Samed Sulemana, known as Awuche, Ghana's tallest man.
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- Awuche has safely arrived at Tamale Teaching Hospital and has commenced the necessary medical procedures.
July 9, 2026
75 Bank staff dismissed as fraud cases surge 48% – Bank of Ghana report
- Fraud cases in Ghana's financial sector surged by 48% in 2025, reaching 24,778, according to the Bank of Ghana's report.
- This increase was predominantly driven by the Payment Service Providers (PSPs) sector, which saw a 98% rise in incidents and a 95% increase in value at risk.
- While banks and Specialised Deposit-Taking Institutions (SDIs) reduced incident numbers, their value at risk increased due to specific issues like cash suppression and forgery.
- The total value at risk across the financial sector marginally rose from GH¢99 million in 2024 to GH¢101 million in 2025.
- The Bank of Ghana calls for unified efforts from all stakeholders, enhanced regulatory frameworks, and improved supervision to combat evolving fraud risks in the increasingly complex financial landscape.