HomeBusinessBusiness

Business

Egg sellers rally support for May Day discount sale at Multimedia to boost consumption

Egg sellers in Accra are urging the public to take advantage of a special May Day egg sale organised by Multimedia Group Limited, aimed...

GRA in Ashanti rolls out a digital modified tax system to capture informal sector

The Ghana Revenue Authority (GRA) has intensified efforts to broaden tax mobilisation in the informal sector in the Ashanti Region, following the introduction of...

We inherited a collapsed power sector and $1.5bn debt – Abass Nurudeen

The Chief Executive Officer of the Social Investment Fund, Abass Nurudeen, has accused the opposition New Patriotic Party of leaving behind a struggling energy...

Ghana, IMF commence sixth review as government signals next phase of reforms

Ghana has begun the sixth review of its programme with the International Monetary Fund (IMF), with Finance Minister Dr. Cassiel Ato Forson describing the...

Fuel prices dip from May 1 as diesel drops sharply, LPG set to surge

Fuel prices are set for a mixed adjustment from Friday, May 1, 2026, with petrol and diesel expected to decline, while Liquefied Petroleum Gas...

Bond market: Turnover declines by 66% to GH¢559m

The secondary market activity moderated during the week, with aggregate turnover declining by 66.88% week-on-week to GH¢559 million. Trading was concentrated in the front-to-belly segment...

Cedi extends depreciation trend for past two weeks; one dollar equals GH¢11.85

The Ghana cedi extended its depreciation trend over the past two weeks, but with notably milder swings. The local currency recorded volatility of approximately 0.5%...

Royal Gold Refinery Limited pledges to align with government’s 24-Hour Economy vision

Royal Gold Refinery Limited has pledged to align its operations with the government’s 24-Hour Economy vision to boost gold processing and create more jobs. The...

ACEP raises alarm over deepening power crisis, demands urgent reforms

The Africa Centre for Energy Policy (ACEP) has expressed grave concern over Ghana’s worsening power crisis, warning that persistent outages are disrupting livelihoods, weakening...

GRIDCo CEO proceeds on leave, Frank Otchere takes over operations

The Chief Executive of the Ghana Grid Company (GRIDCo), Mark Awuah Baah, has proceeded on his annual leave, effective Monday, April 27, 2026. This was...

COCOBOD CEO, Swiss Ambassador visit KOA Impact to boost cocoa innovation

The Chief Executive of the Ghana Cocoa Board (COCOBOD), Randy Abbey, together with the Swiss Ambassador to Ghana, Benin and Togo, H.E. Simone Giger,...

Banks’ record GH¢2.5bn profit as of end of February 2026

Banks operating in Ghana recorded a profit-after-tax of GH¢2.5 billion as of the end of February 2026. This is compared with GH¢2.0 billion in the...

T-bills: Government records undersubscription for 6th consecutive week

The government failed to meet its treasury bills target for the sixth consecutive week. However, the undersubscription was marginal, nearly one percent. According to the auction...

Lanja yam farmers appeal for storage facilities, market infrastructure

Yam farmers at Lanja in the Nanumba North Municipality are calling on government, through the Ministry of Food and Agriculture, to provide storage facilities...

Hitz FM hosts maiden edition of ‘My Hustle’ aimed at empowering young entrepreneurs

Hitz FM has held the maiden edition of its youth entrepreneurship conversation, ‘My Hustle’, aimed at empowering young business people. The programme took place on...

Kumasi to see improved power supply within six months — ECG boss

The Electricity Company of Ghana (ECG) has assured residents of a stable and improved power supply in the Ashanti Region within the next six...

Mahama reaffirms commitment to business-friendly environment, private sector growth

President John Dramani Mahama has reiterated his administration’s commitment to creating a business-friendly environment, positioning the private sector as the engine of Ghana’s economic...

Deputy Finance Minister defends Publican AI rollout despite traders’ pushback

The Deputy Minister for Finance, Thomas Nyarko Ampem, has justified government’s decision to introduce the Publican AI system at the country’s ports, despite mounting...

EU backs Ghana’s poultry scheme with 150k birds for 3,000 farmers

The European Union (EU) has thrown its weight behind Ghana’s flagship Feed Ghana programme, donating 150,000 fully vaccinated birds to 3,000 poultry farmers across...

Rainforest Alliance convenes stakeholders to deepen sustainability dialogue in the cocoa sector

The Rainforest Alliance has convened a high-level media roundtable in Accra aimed at strengthening collaboration and accelerating sustainability efforts within Ghana’s cocoa value chain. The...

Publican AI system only provides suggestions, not final decisions – GRA clarifies

Assistant Commissioner at the Ghana Revenue Authority (GRA) Customs Laboratory, Samuel Akrofi, has clarified that the new Publican AI system deployed at the port...

Daniel Afari-Djan writes: Why Ghana’s plunging interest rates are catalyst for industrial growth

After enduring one of the most severe economic crises in a generation, Ghanaian businesses are finally experiencing a resurgence. The most significant sign of...

Parliament’s Energy Committee commends NPA’s openness

Chairman of Parliament’s Energy Committee, Emmanuel Kwasi Bedzrah, has commended the National Petroleum Authority (NPA) for what he described as its transparency and constructive...

Regional Agric Directors advocate for sustainable agricultural funding

Regional Directors of Agriculture across Ghana’s sixteen regions have appealed for sustainable and predictable funding for Regional and District Departments of Agriculture under the...

Ghana’s reset agenda anchored on financial health — Finance Minister

Finance Minister, Dr. Cassiel Ato Forson, has underscored the centrality of “financial health” in the country’s economic transformation following a high-level engagement with Queen...

Chiefs around Volta Lake unite against illegal fishing as stocks decline

The Paramount Chief of Yeji Traditional Area, Nana Pimampim Yaw Kagblese V, has called on traditional leaders along the Volta Lake to take urgent...

TAGG backs Ghana Shippers Authority over cap on port charges

The Traders Advocacy Group Ghana (TAGG) has thrown its full support behind the Ghana Shippers Authority (GSA) following its directive to streamline and cap...

Ghana Gas CEO engages industrial off-takers in Western Region over gas supply, production needs

Ghana National Gas Company CEO, Ms Judith Adjobah Blay, has toured manufacturing companies in the Western Region that depend on processed lean gas from...

Economy faced significant slowdown in liquidity expansion in 2025 – BoG

Annual growth in broad money supply (M2+) decelerated to 16.0% in February 2026 from 33.1% in February 2025, marking a significant slowdown in liquidity...

IEAG backs Shippers’ Authority move to cap container charges

The Importers and Exporters Association of Ghana (IEAG) has thrown its full support behind a directive by the Ghana Shippers' Authority to cap Container...

Domestic debt increased by GH¢24bn to GH¢333.8bn in December 2025

Ghana’s domestic debt increased modestly from GH¢309.8 billion to GH¢333.8 billion in December 2025, despite a reduction in the domestic debt-to-Gross Domestic Product (GDP)...

Total revenue falls marginally in 2025; total expenditure declined by 13% – BoG

Total Revenue & Grants for 2025 amounted to GH¢224.883 billion, about 16.1% of Gross Domestic Product, the March 2026 Monetary Policy Report by the...

Some vendors in Ellembelle reject ¢0.20 coins for business transactions

Some traders and vendors in the Ellembelle District have started rejecting the ¢0.20 and ¢0.10 pesewas coins as legal tender for business transactions. Although there...

24-hour markets to transform Ghana’s economy, set for completion within two years – Minister

The Minister for Local Government and Rural Development, Ahmed Ibrahim, has said the government’s flagship 24-hour market initiative is expected to become a major...

24-hour markets to run essential services round-the-clock – Local Government Minister

The Minister for Local Government and Rural Development, Ahmed Ibrahim, has outlined key businesses expected to operate 24 hours within the government’s newly designed...

Police stations, banks, restaurants to be included in 24-hour markets – Local Government Minister

TThe Minister for Local Government and Rural Development, Ahmed Ibrahim, has revealed that the government’s proposed 24-hour markets will go beyond the traditional concept...

Poor planning, underinvestment in power distribution behind outages – Energy Ministry

The Ministry of Energy has attributed the recent power outages in parts of the country to longstanding challenges in the electricity distribution system, citing...

Bakers and flour users call for government support to boost local bakery industry

The newly inaugurated Royal Bakers and Flour Users Association of Ghana (Royal Bakers and Flour Users Association of Ghana) has called on the government...

Ghana Wheat Initiative takes root in Ashanti as Otumfuo backs “Opemsuo Wheat” proposal

Arima Farms Ghana has paid a courtesy call on the Otumfuo Osei Tutu II to seek his royal blessing for Ghana’s emerging wheat project. During...

National Service Authority to expand tomato production to 200 acres

The National Service Authority (NSA) has announced plans to expand tomato production to at least 200 acres this year as part of efforts to...