HomeBusiness

Business

Cedi records modest appreciation on improved liquidity, but external risks linger

The Ghana cedi recorded a modest appreciation against the US dollar across both the interbank and retail forex markets over the past two weeks. This...

PETROSOL ends 2026 Women in Leadership Conference with strong call for women inclusivity

Dr. Audrey Smock Amoah, Guest of Honour at this year’s PETROSOL Platinum Energy 2026 Women in Leadership Conference, has commended PETROSOL for setting up...

Fuel shortages unlikely despite Middle East tensions – TOR assures Ghanaians

The Corporate Affairs Officer in charge of External Affairs at the Tema Oil Refinery, Godwin Mahama Ayaba, has assured Ghanaians that the country is...

Obra Show: Farmer seeks justice for ‘unauthorised’ harvest of crops he cultivated

What happens when months of sweat on the farm disappear in your absence? That is the painful incident Osei Akwasi brought before the Obra Show...

T-bills accounted for 62% of banks’ investments in 2025 – BoG

Treasury bills constituted the largest component of banks’ investment portfolio in 2025. According to the January 2026 Monetary Policy Report by the Bank of Ghana,...

US–Israel–Iran conflict: Shippers Authority warns of higher freight charges

The Ghana Shippers Authority (GSA) is warning importers and exporters in Ghana to prepare for higher shipping costs and possible delays following disruptions to...

Bond market: Turnover declined by 2.5% to GH¢2.91bn

The secondary market activity eased slightly over the week, with aggregate turnover declining by 2.58% week-on-week to GH¢2.91 billion. Trading rotated toward the 2027–2030 segment,...

National Petroleum Authority assures public of adequate fuel stocks

The National Petroleum Authority (NPA) has assured the public that Ghana’s fuel stocks are sufficient and that the country’s petroleum supply remains stable. In a...

Importers, traders welcome Finance Minister’s land transit ban on selected goods

The Executive Secretary of the Importers and Exporters Association of Ghana, Samson Asaki Awingobit, has commended Finance Minister Cassiel Ato Forson for directing a...

Auditor-General report flags GH¢162m in overstated claims by state agencies

The Deputy Minister for Finance, Thomas Ampem Nyarko, has disclosed that several government agencies overstated financial claims amounting to GH¢161.98 million, according to findings...

BoG touts resilience of banking sector as NPL ratio drops to 18.9% in 2025

The Bank of Ghana (BoG) says Ghana’s banking sector recorded notable improvements in 2025, with stronger capital levels, improved liquidity, and a decline in...

BoG Governor updates parliamentary committee on Ghana’s economic recovery

The Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has told Parliament that Ghana’s economy is stabilising after a period of...

Full speech: BoG Governor engages Parliamentary Committee on Economy and Development

The Governor of Bank of Ghana (BoG), Dr. Johnson Pundit Asiama, on Monday, March 9, 2026, appeared before the Parliamentary Committee on Economy and...

TAGG files writ against GRA over AI contract at Tema Port

The Traders Advocacy Group Ghana (TAGG) has filed a writ against the Ghana Revenue Authority (GRA) in court over its refusal to disclose details...

Concerned Media Practitioners allege Automobile Dealers Union operating illegally

A group calling itself the Concerned Media Practitioners has accused the Automobile Dealers Union Ghana of operating illegally and urged authorities to investigate the...

60 people in Asutifi South receive items under NAP to reduce unemployment

In the Asutifi South District of the Ahafo Region, 60 individuals have been provided with essential items under the National Apprenticeship Programme (NAP) to...

Oil prices fall and stocks rise after Trump declares Iran war ‘very complete’

The price of oil has fallen sharply after US President Donald Trump said that the war in Iran would come to an end "very...

This week will be decisive – NPA boss on crude prices amidst Middle East tensions

The Chief Executive Officer of the National Petroleum Authority, Godwin Edudzi Tameklo, has highlighted how geopolitical events can quickly influence global oil prices. In a...

Telcos risk sanctions over poor call quality as NCA tightens standards

Telecommunications companies operating in Ghana risk facing regulatory penalties if they fail to comply with tighter call quality standards introduced by the National Communications...

Asiedu Nketia urges farmers, industry to address tomato glut in Ghana

The National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketia, has urged improved coordination between farmers and industries to tackle the persistent...

Ghana Link denies claims ICUMS caused fuel supply disruptions

Ghana Link Network Services Ltd has dismissed allegations that its Integrated Customs Management System (ICUMS) was responsible for recent fuel supply disruptions across the...

Ghana not immediately threatened by fuel shortages – Energy Ministry

Ghana is not facing an immediate fuel supply shortage despite rising concerns over tensions in the Middle East, the Technical Advisor at the Ministry...

Curbing food smuggling key to protecting local industry — John Dumelo

The Deputy Minister of Food and Agriculture, John Dumelo, has called for decisive action to halt the smuggling of food products from neighbouring Togo...

Cabinet approves new round of SIM registration exercise

The Communication Minister, Samuel Nartey George, has revealed that Cabinet has approved a completely new SIM registration exercise following what he described as an...

Middle East War: Gov’t must turn oil price gains into relief for the poor – Economist

Economist Dr Adu Owusu Sarkodie is urging government to channel any oil revenue windfall from rising global crude prices into targeted support for drivers...

Akyemansa Cocoa Farmers welcome Ghana’s 28% price reduction, call for additional incentives

Cocoa farmers in the Akyemansa District of the Eastern Region have expressed support for the government’s decision to reduce the 2025/2026 cocoa producer price...

Diesel price to hit GH¢15 by March 16 – Energy expert predicts

The Executive Director of the Centre for Environmental Management and Sustainable Energy (CEMSE), Benjamin Nsiah, has predicted that the price of diesel in Ghana...

Ghana’s fuel reserves “abysmal” – COPEC calls for immediate stockpiling

The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has described Ghana’s current fuel reserves as “abysmal,” despite assurances from the...

Gov’t decision on cocoa prices shows financial discipline — Kofi Adams

Gov’t decision on cocoa prices shows financial discipline — Kofi Adams The Member of Parliament for Buem Constituency and Minister of Sports and Recreation, Kofi...

OMCs free to cut prices anytime – NPA says market is fully competitive

The National Petroleum Authority (NPA) says Oil Marketing Companies (OMCs) are free to reduce fuel prices at any time, insisting the downstream petroleum sector...

Ghana’s reference rate drops sharply to 11.71%; major interest rate cuts expected

Ghana’s Reference Rate (GRR), the key benchmark used by commercial banks to price loans, has dropped sharply to 11.71% for March, down from 14.58%...

Ghana signs debt restructuring agreement with Belgium

Ghana has signed a debt restructuring agreement with Belgium as part of ongoing efforts to stabilise the country’s public finances, following the severe economic...

Gideon Boako alleges insider trading in sale of Ghana’s gold reserves

The Member of Parliament for Tano North, Gideon Boako, has alleged possible insider trading in the sale of 18 tonnes of Ghana’s gold reserves...

Let’s build a culture of tax compliance – GRA to Ghanaians

The Ghana Revenue Authority (GRA) is urging Ghanaians to embrace a culture of tax compliance, emphasizing that paying taxes is a civic duty crucial...

Falling inflation bringing relief to consumers, boosting sales — GUTA

The Executive Secretary of the Ashanti Business Owners Association and Head of the Business and Economic Bureau of Ghana Union of Traders Association (GUTA),...

ADB donates GH¢200,000 to boost Ghana Medical Trust Fund’s ‘Heal Ghana Month’ campaign

The Agricultural Development Bank has donated GH¢200,000 to the Ghana Medical Trust Fund to support its “Heal Ghana Month” campaign, aimed at raising resources...

Cedi’s depreciation against dollar slows to 1.65% since start of 2026

The cedi’s rate of depreciation against the US dollar has slowed significantly in the first week of March 2026. The local currency, which had depreciated...

NPA didn’t scrap fuel discounts, it corrected an error – Oil Marketing Chamber CEO

The CEO of the Ghana Chamber of Oil Marketing Companies, Dr Riverson Oppong, has rejected claims that the National Petroleum Authority (NPA) has scrapped...

Uniform fuel pricing to protect consumers – NPA Boss

The Chief Executive Officer of the National Petroleum Authority (NPA), Edudzi Tamakloe, has said that the directive enforcing uniform fuel prices across the country...

Fuel price differentials reflect competition, not abuse – COPEC

The Executive Director of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has said that fuel price differences across regions are largely driven by...