Inflation Cools to 13.7%, But SEC Flags Risky Investments: What You Need to Know

Ghana's economic landscape is showing signs of relief for consumers, but not without warning bells. As inflation trends downward, new concerns about unlicensed investment scams and financial market risks have surfaced. Here's a breakdown of what’s happening this week.

Inflation Drops to 13.7%, the Lowest Since 2021

In a positive turn, year-on-year inflation for June 2025 dropped sharply to 13.7%, down from 18.4% in May. This marks the sixth consecutive monthly decline and the lowest inflation rate Ghana has recorded since December 2021.

According to the Ghana Statistical Service (GSS), this milestone was driven largely by easing food prices and declining costs across key consumer goods.

“The downward inflationary trend over the last 6 months provides some consistency and assurance of a real sustained shift in prices,” said Government Statistician, Dr. Alhassan Iddrisu.

Even more notably, Ghana recorded a 1.2% deflation month-on-month, meaning prices for many goods and services were actually lower in June than in May. For the average Ghanaian, this could mean slightly more breathing room at the market.

However, regional disparities remain. The Upper West Region recorded the highest inflation at 32.3%, while Bono saw the lowest at 8.4%. Dr. Iddrisu called for better use of regional data to tailor inflation control policies effectively.

SEC Warns Against ‘Gold AI Rise’ and Fake Investment Offers

While consumers may be paying less at the market, the Securities and Exchange Commission (SEC) is warning Ghanaians not to fall for online scams promising unrealistic profits.

In a statement dated July 1, 2025, the SEC named News GH and Ghana News as promoters of unlicensed and potentially fraudulent investment schemes.

One of these platforms is advertising a product called the “Gold AI Rise Platform”, claiming high returns with zero risk which is a classic red flag.

“Any promise of high returns with no risk is a red flag,” the SEC emphasized.

The SEC clarified that these platforms are not licensed under the Securities Industry Act, 2016 (Act 929) and should be avoided.

The Commission is working with law enforcement to take down these schemes and advised the public to verify any investment opportunity by calling 0800-100065 or visiting www.sec.gov.gh.

Enterprise Group Declares 30% Dividend Boost After 2024 Profit Surge

In corporate news, Enterprise Group PLC has declared a 30% increase in dividend payout, rewarding shareholders with ₵0.126 per share, totalling ₵22.5 million.

At the company’s Annual General Meeting on July 2, Board Chairman Keli Gadzekpo attributed the Group’s strong 2024 performance to operational efficiency, digital transformation, and a focus on customer service.

• 📈 Insurance revenue rose 30.5%

• 💰 Net profit surged by 49.6%, hitting ₵366 million

• 📊 Recovered from a negative 2023 due to IFRS 17 adjustments

“With renewed focus on fiscal consolidation, tax reforms, and improving investor confidence, we expect growth to be sustained into 2025,” said Gadzekpo.

Enterprise Group also announced a new strategic cycle starting in 2025, focusing on talent development and expanding Nigerian operations.

Investor Insight: T-Bills Are Sold Weekly

Today's investor tip from the Cedi Board®, a reminder that Treasury Bills are auctioned every Friday by the Bank of Ghana. This allows for better cash flow planning and the chance to reinvest more frequently for stronger returns.

From easing inflation to rising corporate dividends, Ghana's economy appears to be entering a more stable phase. But with stability comes complacency, and the SEC’s alert is a timely reminder to stay cautious and verify every financial opportunity.

Stay tuned to the Cedi Board® for real-time updates on Ghana’s financial pulse. From prices and policy to investment tips that help you make sense of the numbers.