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Ato Forson

Fitch Upgrades Ghana’s Credit Rating To B- As Economy Recovers

Ghana’s economy has received a major vote of confidence on the global stage as Fitch Ratings upgraded the country’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘Restricted Default’ (RD) to ‘B-’ with a Stable Outlook. This significant upgrade, announced on June 14, 2025, comes after Ghana completed a historic restructuring of $13.1 billion in Eurobond […]

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New GHC1 Fuel Levy Sparks GPRTU Threat Of Nationwide Strike On June 10

The Ghana Private Road Transport Union (GPRTU) has issued a stern warning to the government, threatening to embark on a nationwide strike on June 10, 2025, in protest against the newly introduced GHC1.00 fuel levy, popularly dubbed the “Dumsor Levy.” In a press conference held on Thursday, June 5, GPRTU’s Industrial Public Relations Officer, Abass

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Ghana’s D-Levy Law Passed: A Step Toward Energy Stability or a Costly Burden?

Ghana’s Parliament has passed the highly contested Energy Sector Levies (Amendment) Bill, 2025, popularly referred to as the “Dumsor Levy” or “D-Levy”, into law. This legislative decision introduces a GH¢1 levy per litre on petrol and diesel purchased at the pump, with the stated objective of generating an estimated GH¢5.7 billion annually. The government insists

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