General News
Bank of Ghana Maintains Policy Rate at 14% as Inflation Hits 5.3% in June 2026
The Bank of Ghana (BoG) has maintained its Monetary Policy Rate at 14.0 percent following the conclusion of the 131st Monetary Policy Committee (MPC) meeting, citing rising inflation and growing external risks despite the country’s resilient economic performance.
The central bank noted that headline inflation increased to 5.3 percent in June 2026, up from 3.7 percent in May, driven by increases in both food and non-food prices.
On the global front, the MPC observed that easing geopolitical tensions proved short-lived as renewed conflict in the Middle East led to another closure of the Strait of Hormuz, pushing crude oil prices above US$85 per barrel. The Bank warned that higher energy prices and supply chain disruptions are expected to slow the pace of global disinflation.
Despite these external challenges, Ghana’s economy remained resilient. The country’s real Gross Domestic Product (GDP) grew by 6.4 percent in the first quarter of 2026, compared with 6.2 percent during the same period in 2025. Growth was mainly supported by the services and industry sectors.
The banking sector also recorded significant improvements. Average lending rates declined to 15.6 percent from 27.0 percent, contributing to a sharp increase in private sector credit growth to 41.2 percent in June 2026, compared with 8.6 percent a year earlier. The Bank said the financial sector remained strong, supported by robust asset growth, improved solvency, and better asset quality.
On the fiscal side, the Bank indicated that first-quarter performance reflected strong expenditure restraint despite revenue shortfalls, resulting in better-than-targeted fiscal balances. Meanwhile, the external sector posted a strong performance in the first half of 2026, supported by robust export earnings, although higher energy costs linked to the Middle East conflict increased the country’s import bill.
The Ghana cedi experienced demand pressures in May but has since recovered. However, as of 17 July 2026, the local currency had depreciated cumulatively by 9.5 percent against the US dollar.
The Bank of Ghana said it will continue to closely monitor inflationary pressures and global developments to safeguard macroeconomic stability. The next Monetary Policy Committee meeting is scheduled for 22–24 September 2026.
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Chief Justice Paul Baffoe-Bonnie has come under intense public scrutiny after remarks about the performance of state institutions triggered concerns over the perceived political neutrality of Ghana’s Judiciary.
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General News
WAEC RELEASES 2026 WASSCE RESULTS — OVER 512,000 CANDIDATES GET THEIR RESULTS
The West African Examinations Council (WAEC) has officially released the provisional results of the 2026 WASSCE for School Candidates, with Social Studies recording the strongest performance among the four core subjects.
WAEC announced the release on September 5, 2026, following the examination which saw 512,862 candidates from 1,022 schools registered to participate. The figure represents an 11.07% increase over the 461,736 candidates who entered for the 2025 examination.
SOCIAL STUDIES LEADS THE CORE SUBJECTS
Social Studies emerged as the best-performing core subject.
A total of 393,918 candidates, representing 78.04%, obtained grades between A1 and C6.
English Language followed with 62.40%, while Integrated Science recorded 62.08%. Core Mathematics saw 60.75% of candidates obtaining A1-C6.
ENGLISH PERFORMANCE CONTINUES TO DROP
One of the major talking points from the results is the continued decline in English Language performance.
WAEC’s four-year analysis shows the proportion of candidates obtaining A1-C6 in English falling from 73.11% in 2023 to 69.42% in 2024, 69.00% in 2025 and 62.30% in 2026.
Meanwhile, Mathematics and Social Studies recorded significant improvement compared with 2025, while Integrated Science also improved.
8,295 CANDIDATES FACE SANCTIONS
The release has also been accompanied by serious examination-malpractice concerns.
WAEC cancelled the entire results of 861 candidates after they were found with mobile phones in examination halls. The Council also cancelled the subject results of 7,434 candidates for bringing foreign materials, including prepared notes and textbooks, into examination halls.
In addition, the subject results of 957 candidates and the entire results of 270 candidates have been withheld over suspected offences.
Results involving candidates from 169 schools have also been withheld over alleged collusion, with investigations ongoing. WAEC says decisions on those cases may be made by October 30, 2026.
HOW CANDIDATES CAN CHECK
WAEC says the results have been hosted online, with school heads receiving login details to access their candidates’ results.
Candidates can also check their individual results through the Council’s official results-checking platform. WAEC has warned the public against fraudsters who claim they can upgrade examination results for money.
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