HomeBusinessBusiness

Business

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...

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...

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...

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...

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...

Black Stars victory boosts jersey sales in Ahafo Region

Traders in the Ahafo Region dealing in Ghana national team jerseys say sales have increased significantly following the Black Stars' first victory in the...

BoG demystifies central bank operations, exchange rates and reserves

The Bank of Ghana (BoG) has intensified efforts to deepen public understanding of monetary policy, exchange rates, inflation and reserve management, urging journalists to...

Cedi makes strong comeback against dollar; going for GH¢12.10 in retail market

The Ghana cedi recovered strongly against the US dollar in the last two weeks. The local currency’s Year-To-Date losses reduced significantly from about 11% to...

GIPC woos Canadian investors for value addition in key industrial sectors 

The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has said Ghana is seeking to attract increased Canadian investment into...

“How your Bank will define you”: Prudential Bank charts hybrid future led by experience, not identity

The Head of Digital Transformation at Prudential Bank Ltd, Terrance Addy, has said, that the future of banking will be defined by AI-driven services...

Plastic manufacturers oppose 2027 Styrofoam ban, plead with Mahama for extension to 2030

The Ghana Plastic Manufacturers’ Association (GPMA) has strongly opposed the Environmental Protection Authority’s planned ban on Styrofoam products, warning that the January 2027 deadline...

T-bills: Government record 20% undersubscription; interest rates continue to rise

The government failed to meet its treasury bills target just a week after achieving an oversubscription, as demand moderated.   According to auction results by...

Emirates expands operations in Ghana with additional weekly flights

Emirates Airlines has announced an expansion of its operations in Ghana with the introduction of four additional weekly services between Dubai and Accra from...

Ghana rises again: Fitch’s upgrade to ‘B’ with positive outlook and what it means for nation

A nation reclaiming its standing On Friday, 8 May 2026, global credit rating agency Fitch Ratings delivered what many economists, policymakers, and market observers had...

75 youth in Agbakorfe trained in green businesses to boost employment

A total of 75 young men and women in Agbakorfe, a suburb in the South Tongu District of the Volta Region, have successfully completed...

GoldBod secures global support for Ghana’s responsible sourcing agenda at LBMA summit in London

The Ghana Gold Board (GoldBod) has secured strong international support for Ghana’s responsible sourcing, ASM formalisation, traceability, and value-addition agenda at the Sustainability &...

NPA inaugurates 16-member committee to develop bitumen regulatory framework

The Chief Executive Officer of the National Petroleum Authority (NPA), Godwin Kudzo Tameklo, has inaugurated a 16-member multi-stakeholder Bitumen Technical Committee to develop a...

Tomato traders call for farmer training to boost local production

Some tomato traders at the Tema Central Market have called on the government and agricultural stakeholders to strengthen farmer training programmes to improve local...

PPI for May increases sharply to 5.8% from 2.7% in April 2026

The Producer Price Inflation (PPI) for May 2026, increased sharply to 5.8%, up from 2.7% in April 2026, representing a 3.1 percentage point increase....

BoG converts all Rural Banks into Community Banks in major sector reform

The Bank of Ghana (BoG) has announced the conversion of all Rural Banks nationwide into Community Banks as part of sweeping reforms to strengthen...

Raising retirement age could block young people from jobs for years – SSNIT boss

The Director-General of the Social Security and National Insurance Trust (SSNIT), Kwasi Afreh Biney, has warned that any rushed decision to raise Ghana's retirement...

Ghana Gas pays courtesy call on NPA CEO

Ghana Gas has paid a courtesy call on the Chief Executive Officer of the National Petroleum Authority (NPA), Godwin Kudzo Tameklo, to deepen collaboration...

Côte d’Ivoire and Ghana move to harmonise cocoa farm-gate prices

Côte d’Ivoire and Ghana have agreed to harmonise their cocoa farm-gate pricing policies in a major step aimed at improving farmer incomes, stabilising the...

Complete Farmer deepens agritech Innovation with farmer and buyer focused platforms

Complete Farmer’s CF Grower and CF Buyer platforms are positioning digital technology as a practical tool for improving how farmers produce, how buyers source,...

Complete Farmer launches CF Grower and CF Buyer to deepen digital agriculture in Ghana

Complete Farmer has launched two digital platforms, CF Grower and CF Buyer, to help farmers produce more efficiently and give buyers a more reliable...

GRA targets informal sector with modified tax scheme

The Ghana Revenue Authority (GRA) has reiterated its push to bring informal sector operators into the tax net, with a senior official explaining the...

Ghana’s tax-to-GDP ratio improves to 14% in 2025 – Deputy Finance Minister

Deputy Minister for Finance, Thomas Nyarko Ampem, has announced that Ghana’s tax-to-GDP ratio improved from approximately 12.3 percent to about 14 percent in 2025,...

COCOBOD CEO calls for greater trust and unity in Ghana–Côte D’Ivoire cocoa partnership

The Chief Executive of the Ghana Cocoa Board (COCOBOD), Dr. Randy Abbey, has called for deeper trust, transparency, and commitment between Ghana and Côte...

We’re optimistic stabilising Iran-US tensions could push crude oil prices below $80 – COMAC CEO

The Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), Dr. Riverson Oppong, has expressed optimism that easing tensions between Iran and...

Cocoa sector must become more resilient, prosperous and profitable – Finance Minister

Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, has called for a fundamental transformation of the cocoa sector, insisting that the industry must become...

Finance Minister opens 7th Steering Committee Meeting of Côte d’Ivoire-Ghana Cocoa Initiative in Abidjan

Minister for Finance, Dr. Cassiel Ato Forson, has opened the 7th Steering Committee Meeting of the Côte d’Ivoire-Ghana Cocoa Initiative in Abidjan, calling for...

Bank of Ghana orders financial institutions to stop supporting unauthorised USD wallet services

The Bank of Ghana (BoG) has directed banks, payment service providers and other regulated financial institutions to immediately cease supporting unauthorised foreign currency wallet...

GEISHA Ghana crowns Mrs Patience Abbah as maiden Mama G 2026

Geisha Ghana has crowned Mrs Patience Abbah as the maiden Mama G 2026 at a colourful grand finale held on Sunday, June 14, 2026,...