Research unit of Joy Online that analyzes official data and conducts investigations on Ghanaian public policy issues including trafficking prosecutions, budget spending, and power generation capacity.
… COCOBOD spokesperson Jerome Sam told JoyNews Research that the commercial paper is intended to fund cocoa purchases, while bonds are intended to refinance legacy debt. …
Ghana is struggling to raise money on its domestic market to finance cocoa purchases for the 2026/27 season, sources with knowledge of the sector told JoyNews Research, as licensed buyers warn that GH¢4 billion ($350 million) in unpaid debts could hinder them from buying beans fr …
… The JoyNews Research desk, in examining the IMF report and GoldBod’s audited accounts, found that the loss referred to the Bank of Ghana and not a GH¢22 billion loss incurred by GoldBod. …
Petrol and diesel prices in Ghana have risen by more than 33% since the start of the year, according to industry data tracked by JoyNews Research, piling pressure on households and businesses still recovering from the country’s worst economic crisis in a generation. …
… An official of PIAC told the JoyNews Research that several individuals and institutions, including high-profile bodies, have advised the committee to seek clarification from the Supreme Court on the proper interpretation of the Petroleum Revenue Management Act. …
Ghana’s government spent barely three quarters of what it had planned for the first three months of 2026, the widest gap between budget and actual spending in at least a decade, according to official data analysed by JoyNews Research. …
A JoyNews Research has revealed Bank of Ghana would have closed 2025 with a loss of nearly GH¢33.2 billion — more than double the GH¢15.63 billion it actually reported but for the sale of refined gold accumulated largely from purchases made in 2023 and 2024 under the central bank …
Ghana’s recent wave of intermittent power outages (dumsor) appears to stem less from technical faults and more from a significant shortfall in electricity generation, according to exclusive data obtained by JoyNews Research. …
COCOBOD's first offering under its GH¢16.3 billion Cocoa Notes Programme may use proceeds to repay a bridge loan linked to legacy debt, though the investor presentation presented it as funding for cocoa purchases. The prospectus permits commercial paper proceeds to be used first to repay bridge funding, creating an unresolved question about whether this aligns with the stated allocation of commercial paper for cocoa purchases and bonds for refinancing existing obligations.
COCOBOD's first offering under its GH¢16.3 billion Cocoa Notes Programme may use proceeds to repay a bridge loan linked to legacy debt, though the investor presentation presented it as funding for cocoa purchases. The prospectus permits commercial paper proceeds to be used first to repay bridge funding, creating an unresolved question about whether this aligns with the stated allocation of commercial paper for cocoa purchases and bonds for refinancing existing obligations.
Ghana is struggling to raise money domestically to finance cocoa purchases for the 2026/27 season, with licensed buyers warning that GH¢4 billion in unpaid debts could prevent them from buying beans from farmers. Local institutional investors are demanding higher risk premiums and coupon rates; syndicated international funding has dried up since Ghana's 2022 economic crisis and 2023 debt exchange.
A JoyNews Research analysis of official data from 2017 to 2025 found that of 1,264 human trafficking cases recorded in Ghana, only 361 progressed to prosecution and 158 resulted in convictions. The gap in the criminal justice process occurs before prosecution; once cases reach court, 44% end in conviction.
An opinion piece argues that Ghanaian media coverage of allegations and counter-allegations between Parliament's Minority Leader and the Ghana Gold Board CEO has failed to independently verify claims or educate the public, instead simply giving both sides equal airtime.
Petrol and diesel prices in Ghana have risen by more than 33% since the start of the year, piling pressure on households and businesses. The National Petroleum Authority raised its benchmark price floor for petrol to GH¢14.53 per litre and diesel to GH¢16.97 per litre for the first pricing window of August, while the government has offered temporary relief through a GH¢2.00 per litre reduction in the regulatory margin on diesel.
Ghana spends 0.084% of its overall expenditure on the creative industry, equivalent to GH¢255 million, according to JoyNews Research presented at the ninth Joy FM Showbiz Roundtable.
GNPC Explorco acquired a 7% stake in Ghana's Jubilee and TEN oil fields through Occidental Petroleum's 2019 divestment following its US$55 billion acquisition of Anadarko. A legal disagreement persists over whether revenues from the asset should be paid into the Petroleum Holding Fund.
Ghana's government spent about GH¢66 billion in the first quarter of 2026 against a plan of GH¢90 billion—roughly 73 percent of the target, the widest gap between budget and actual spending since at least 2017. The shortfall was concentrated in capital expenditure, goods and services, debt repayment, and support for the poor.
Bank of Ghana would have reported a loss of nearly GH¢33.2 billion in 2025 but for the sale of roughly 870,000 ounces of refined gold, purchased largely in 2023 and 2024 under its Domestic Gold Purchase Programme. A single bullion transaction absorbed GH¢17.56 billion of losses through the sale generating GH¢9.57 billion in profit as the price of gold rose from when it was originally purchased.
JoyNews Research data shows Ghana faces a 37% dependable capacity deficit, with thermal plants generating 1,679 of 2,551 expected megawatts and hydropower producing only 403 of 1,411 expected megawatts, suggesting power generation shortfall rather than technical disruptions is the root cause of recent outages.