Consumers can expect some relief at the pumps in the second pricing window of December, as fuel prices are projected to decline, according to the latest outlook from the Chamber of Oil Marketing Companies (COMAC). COMAC’s data suggests that petrol prices could drop by about 3.89 percent, while diesel is anticipated to fall by 4.59 percent. Prices for Liquefied Petroleum Gas (LPG) are also expected to ease by approximately 2.16 percent. The projected reductions are largely attributed to a sharp fall in international refined petroleum product prices, which have more than offset the effects of the cedi’s slight depreciation during the period. Although crude oil prices saw a modest increase of 1.06 percent, major refined products recorded significant declines ahead of the festive season, primarily due to oversupply in the global market. Petrol prices dropped by 6.55 percent, diesel by 11.67 percent, and LPG by 0.22 percent. Meanwhile, the cedi weakened slightly from GHS 11.14 to GHS 11.43 against the US dollar during the second pricing window, marking a 2.68 percent depreciation. This movement was driven by seasonal demand and tight foreign exchange inflows. Despite earlier indications of a possible 5 percent rise in fuel prices at the start of December, stemming from currency pressure and rising international prices, oil marketing companies kept prices steady. Energy sector stakeholders attribute this to heightened competition in the downstream petroleum market, which continues to cushion consumers against price volatility. Source: Apexnewsgh.com  

An International Monetary Fund (IMF) Technical Assistance mission has completed a four-day visit to Accra, aimed at supporting Ghana’s drive to implement critical governance reforms outlined in the IMF’s recent Governance Diagnostic Report. The mission, which took place from December 8 to 11, 2025, was led by Ms. Tina Burjaliani and included Mr. Gomiluk Otokwala and Ms. Nusula Nassuna. It was conducted at the request of Ghanaian authorities, following the publication of the Governance Diagnostic Report for Ghana on November 3, 2025. The report provides an in-depth evaluation of governance and corruption risks in the country, and highlights priority reforms to improve public financial management, revenue administration, property rights, public-sector integrity, and accountability across state institutions. During their visit, the IMF team worked closely with Ghanaian officials as they began implementing the report’s key recommendations. The team also discussed ways to coordinate technical and financial support with other development partners, in order to maintain momentum for reform. Meetings were held with senior government officials, civil society organisations, and international partners, centring on follow-up actions, implementation strategies, and maximizing external support for advancing the governance agenda. The IMF pledged ongoing collaboration with the Ghanaian authorities and development partners, including within the framework of the Extended Credit Facility programme, to ensure effective implementation of the Governance Diagnostic recommendations. In conclusion, the Fund expressed its gratitude to the Ghanaian authorities and stakeholders for their cooperation, hospitality, and open dialogue throughout the mission. Source: Apexnewsgh.com

Emmanuel Danso, Chairman of the Ghana National Association of Driving Schools (GNADS), has sounded a stark warning about the dangers posed by Ghana’s informal approach to driver education. Speaking to the media December 12, Danso revealed a startling statistic: only 10% of drivers in Ghana have learned to drive through accredited driving schools. Describing the figure as “staggering,” Danso pointed to it as a major factor behind the rising number of preventable road accidents across the country. “Driving is like a profession, and there are certain dynamics you should understand,” he explained, stressing that the technical skills and discipline required to drive safely can only be gained through structured, formal training. According to Danso, the vast majority of Ghanaian drivers acquire their skills informally—often learning from friends or family, without the benefit of proper instruction. This, he said, leaves them unprepared for the complexities and responsibilities of being on the road, leading to countless avoidable crashes and fatalities. “Ghana’s road crashes remain predictable, preventable, and avoidable,” he lamented. “But the country continues to record high fatalities because many drivers lack the knowledge and discipline that proper training provides.” He warned that without a nationwide commitment to improving driver education, the crisis on Ghana’s roads would only persist. Danso commended the Driver and Vehicle Licensing Authority (DVLA) for establishing a roadmap toward responsible licensing, but emphasized that the onus is now on driving schools and drivers themselves to align with these standards. “DVLA is doing well, but it is left for us to align with them and do training holistically,” he said. He projected that with a national push for formal driver education, Ghana could see a dramatic drop in road crashes within just a few years. “If we do it in two to five years, we will reduce accidents from four digits to three digits,” he asserted. Calling the surge in road accidents a “canker,” Danso urged all stakeholders, including drivers, regulators, and the wider public, to unite in tackling the problem. “Let us all come together and fight this cancer. It is possible,” he assured, expressing hope that with the right commitment, Ghana’s roads can become safer for everyone. Source: Apexnewsgh.com

The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Simon Madjie, has held a strategic engagement with officials from the U.S. Embassy to discuss the Ghana Investment Promotion Authority (GIPA) Bill, which is currently under review. During the meeting, Mr. Madjie expressed appreciation for the Embassy’s ongoing partnership and welcomed its input in refining the Bill ahead of its eventual submission to Parliament. He emphasised that stakeholder input is vital to building a more robust and resilient investment framework for Ghana. Mr. Madjie reiterated GIPC’s commitment to transparent and collaborative engagement with development partners, stressing the Centre’s ongoing priority to foster an enabling environment that both attracts and protects investors. The proposed GIPA Bill aims to broaden GIPC’s mandate, introduce a new governance structure, and update minimum foreign capital requirements in line with international best practices. The legislation also seeks to enhance investor protection and promote sustainable economic growth. Once enacted, the Bill will further streamline the registration, monitoring, and record management of Technology Transfer Agreements (TTAs) under the GIPC, marking a significant step forward for Ghana’s investment landscape. Source: Apexnewsgh.com