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Ahafo cocoa farmers demand urgent action as smuggling threatens livelihoods and national economy

Cocoa farmers in the Ahafo Region have condemned the ongoing cross-border smuggling of cocoa beans, branding the illicit trade as a "nation-wrecking" crisis that...

Inflation for June 2026 rises sharply to 5.3%; rising non-food prices main contributor

Ghana's year-on-year inflation rate rose to 5.3% in June 2026, up from 3.7% in May, marking a 1.6 percentage point increase largely driven by...

Ginger, shrimps, mangoes lead June 2026 food inflation price hikes

Ghana’s latest inflation report has revealed a sharply mixed price picture, with some household items recording steep increases while some food staples and vegetables...

Tantanlawura, TCDA launch 1,000-hectare tree plantation to fight climate change

To ensure a sustainable environment while safeguarding livelihoods, Tantanlawura Alhaji Darrison Dramani, newly installed Chief of the Wasipe Traditional Kingdom under the Gonja Paramountcy,...

World Bank says Finance Ministry fiscal controls delayed GARID project

The World Bank has blamed fiscal controls introduced by the Ministry of Finance for significantly delaying implementation of the Greater Accra Resilient and Integrated...

NIB targets stronger 2026 performance after Q1 profit rises to GH¢34.3

National Investment Bank (NIB) says it is on course for a stronger financial performance in 2026 as it continues to implement its turnaround...

OMCs slash fuel prices as GOIL leads with petrol at GH¢12.79

Some Oil Marketing Companies (OMCs) have begun reducing fuel prices at the pumps in line with industry projections. Market leader GOIL has reduced petrol prices...

Wait, don’t increase tariffs yet – AGI urges PURC to watch falling oil prices

The Association of Ghana Industries (AGI) has urged the Public Utilities Regulatory Commission (PURC) to suspend its latest electricity tariff increase, arguing that falling...

Bond market: Turnover declines by 71% to GH¢1.56bn

The secondary market activity softened during the week, with turnover declining by 71.11% week-on-week to GH¢1.56 billion. Trading remained concentrated in the belly of the...

Energy agencies present strategic roadmaps to Finance Ministry

Agencies under the Ministry of Energy and Green Transition have presented their strategic roadmaps to the Ministry of Finance as part of efforts to...

NPA issues mandatory safety measures for flooded fuel stations

The National Petroleum Authority (NPA) has directed all Oil Marketing Companies, fuel station operators, dealers and transporters to immediately implement strict safety measures at...

NPA cuts fuel price floors ahead of July pricing window as petrol, diesel and LPG expected to become cheaper

Petrol, diesel and liquefied petroleum gas (LPG) are expected to become cheaper in the first pricing window of July after the National Petroleum Authority...

GRA urges Businesses to prioritise safety amid floods, assures continuous services

The Ghana Revenue Authority (GRA) has assured businesses and taxpayers that it is taking steps to maintain essential tax and customs services despite the...

Prudential Bank marks sixth Tree for Life Restoration, plants over 200 trees at Achimota Forest

Prudential Bank has reaffirmed its commitment to environmental sustainability with the sixth edition of its “Tree for Life Restoration” initiative, planting over 200 trees...

Heavy rain disrupts economic activity in Ho

Heavy rainfall has disrupted economic activity in the Volta Regional capital, Ho, bringing business operations in the central business area, Asigato, to a near...

GCAA begins probe into alleged mistreatment of Accra-bound KLM passengers

The Ghana Civil Aviation Authority (GCAA) has launched an investigation into allegations of passenger mistreatment on a KLM flight from Amsterdam to Accra, following...

World Bank increases Ghana’s growth rate for 2026 to 4.8%  

The World Bank has increased Ghana’s Gross Domestic Product (GDP) growth by 0.2 percentage points to 4.8%, its June 2026 Global Economic Prospects have...

MTN Ghana announces internet disruption over subsea cable cuts off Côte d’Ivoire

MTN Ghana has announced that damage to undersea cables off the coast of Abidjan, Côte d'Ivoire, is currently affecting internet connectivity and data services...

Talks ongoing to revive Komenda Sugar Factory – Mahama

President John Dramani Mahama has disclosed that the government is in active discussions with an investor to revive the long-dormant Komenda Sugar Factory. Speaking during...

GIADEC signs €300 million MoU with Danieli for Aluminium Foil Plant in Tema

Ghana has taken a major step toward industrialisation as the Ghana Integrated Aluminium Development Corporation (GIADEC) signed a €300 million Memorandum of Understanding (MoU)...

AkoFresh CEO wins US$100,000 OPEC Fund Youth Entrepreneurship Award

Founder and Chief Executive Officer of AkoFresh, Mathias Charles Yabe, has won the Youth Entrepreneurship Award at the OPEC Fund’s 2026 Annual Award for...

Trade Ministry secures €415,437 grant to drive PharmaVax Programme

The Ministry of Trade, Agribusiness and Industry has secured a €415,437.78 grant under the PharmaVax Programme to strengthen Ghana’s pharmaceutical industry and position the...

Gov’t to buy 30% of large miners’ gold output from July 1, statement

Government has struck a deal with its large-scale mining companies to purchase 30% of their gold ​output beginning July 1, the government said on...

Why fuel prices haven’t fallen despite drop in global oil prices

Fuel prices in Ghana are once again caught between global oil swings and the structure of domestic pricing. Crude markets have eased, but pump...

Bank of Ghana bans repeat dud cheque offenders from credit facilities and cheque issuance for three years

The Bank of Ghana has announced tough new sanctions against customers who issue dud cheques, with repeat offenders facing a three-year ban on cheque...

Ecobank Ghana plants 3,800 trees in Chipa Forest to advance environmental sustainability

Ecobank Ghana has strengthened its commitment to environmental sustainability by planting 2,000 trees in the Chipa Forest, bringing the total number of trees planted...

Ghana Gold Board to buy 30% of large-scale miners’ output from July 1 under new agreement

The Ghana Gold Board (GoldBod) will, from July 1, 2026, purchase 30percent of the gold output of all large-scale mining companies in Ghana. This...

Current economic conditions do not justify tariff increases — GUTA President

The President of the Ghana Union of Traders’ Associations (GUTA), Clement Boateng, has criticised the recent utility tariff hikes, arguing that the current economic...

Inflation to average 12.8% in 2027 – Fitch Solutions

Fitch Solutions has stated that Ghana’s inflation will average 12.8% in 2027 from 6.0% in 2026. According to the UK-based firm, this will weigh on...

Prudential Bank goes ‘prevention first’ with free health screening for staff

Prudential Bank has rolled out a comprehensive, fully funded health screening exercise for its employees, reinforcing its belief that a healthy workforce is the...

Gov’t applies for BoG licence to establish Women’s Development Bank

The Ministry of Finance has officially applied to the Bank of Ghana for a licence to establish the proposed Women’s Development Bank, a flagship...

Deputy Finance Minister reveals GoldBod earned over $10bn from gold exports in 2025

The Ghana Gold Board (GoldBod) generated more than $10 billion from gold exports in 2025, significantly boosting the country’s foreign exchange reserves and contributing...

Gold Board spent $16.1 billion on gold purchases between January 2025 and May 2026 – Deputy Finance Minister

The Deputy Minister for Finance, Thomas Ampem Nyarko, has disclosed that the Ghana Gold Board spent approximately US$16.1 billion on gold purchases between January...

Women’s Development Bank awaiting Bank of Ghana licence – Deputy Finance Minister

The Deputy Minister for Finance, Thomas Ampem Nyarko, has disclosed that the company established to operationalise the Women’s Development Bank has been successfully registered...

Over 1,000 gold-buying companies licensed by GoldBod as of May 31 – Deputy Finance Minister discloses

Deputy Finance Minister Thomas Ampem Nyarko has disclosed that the Ghana Gold Board has licensed a total of 1,184 gold-buying companies as of May...

Prudential Bank supports Nima Police District to enhance community safety

Prudential Bank Ltd (PBL) has reinforced its commitment to community safety and national development with a donation to the Nima Police District to support...

Ginger prices to remain high for two years – Expert warns

Agribusiness entrepreneur and founder of Ideal Providence Farms, Georgina Koomson, has warned consumers to brace for sustained increases in ginger prices, attributing the trend...

SEC gives online investment platforms until August 31 to register or face sanctions

All market operators, fintech service providers, and persons operating online investment and trading platforms have until August 31, 2026, to complete their registration and...

ITALKOL by Velo West Africa marks 10 years of innovation in Ghana’s construction industry

Velo West Africa Group has celebrated the 10th anniversary of ITALKOL in Ghana, marking a decade of providing innovative construction and finishing solutions to...

GoldBod announces introduction of new official gold pricing regime effective July 1

The Ghana Gold Board (GoldBod) has announced the introduction of a new official gold pricing regime that will take effect on July 1, 2026. This...