HomeBusinessBusiness

Business

Government releases US$300 million for Eurobond coupon payments

The government has released US$300 million today, July 3, 2025, to service coupon payments owed to Eurobond holders. The Ghana cedi portion of the debt...

Government to borrow GH¢3.36 billion on treasury market today

The government is set to borrow GH¢3.36 billion from the treasury market today, July 3, 2025, through the issuance of 91-day, 182-day, and 364-day...

Draft VAT reform to be ready by September 2025 – GRA

The Ghana Revenue Authority (GRA) has assured that it is on track to complete work on the proposed Value Added Tax (VAT) reforms by...

Fuel price adjustment: petrol down, diesel up at GH₵13.25 per litre

Some Oil Marketing Companies (OMCs) have started adjusting petroleum product prices at the pumps, with mixed changes observed. Petrol prices have marginally decreased, while diesel...

Inflation for June 2025 slows significantly to 13.7%

The year-on-year inflation rate for June 2025 slowed significantly to 13.7 percent from 18.4 percent in May 2025, marking the sixth consecutive monthly decline...

SEC warns public against unlicensed investment platforms on News GH, Ghana News

The Securities and Exchange Commission (SEC) has issued a strong warning to the public against investing in unlicensed investment products being advertised by News...

BoG reserve assets jump by $709m in April, boosting cedi stability

The Bank of Ghana’s reserve assets saw a significant improvement, rising from US$391.1 million in April 2024 to US$1.1 billion in April 2025, largely...

IMF Board to consider Ghana’s 4th programme review on July 7, 2025

The Board of the International Monetary Fund (IMF) has scheduled July 7, 2025, to consider Ghana’s fourth programme review in Washington, D.C., USA, according...

GRA sets date for implementation of fuel levy

Barring any last-minute changes, the Ghana Revenue Authority (GRA) has announced that the implementation of the GH¢1 energy sector levy on petroleum products will...

Finance Minister concludes debt restructuring talks in China

Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has concluded a series of engagements in China aimed at advancing the country’s ongoing debt restructuring efforts. In...

55% of Ghanaians support ‘Dumsor Levy’ – Global InfoAnalytics

A new survey by Global InfoAnalytics has revealed a surprising level of public support for Ghana’s recently suspended Energy Sector Levy, commonly known as...

T-Bills Auction: Gov’t misses target again; investors still prefer BoG bills

The government failed to meet its treasury bills target for the fifth consecutive week as investors continue to prefer Bank of Ghana bills, which...

The cedi must be respected – Coconut Grove Regency CEO tells Ghanaians

As Ghana prepares to commemorate Republic Day on Tuesday, July 1, the National Treasurer of the Association of Ghana Industries (AGI), Ralph Ayitey, has...

Banks wrote-off GH¢654.2m as bad debt in first four months of 2025

Banks in Ghana wrote off GH¢654.2 million as bad debt in the first four months of 2025. According to the Domestic Money Bank Report by...

Trades Minister declares gov’t’s bold agenda to empower MSME; targets GH¢6bn financing by 2027

Ghana has marked its first official celebration of International MSME Day with a bold commitment to reposition the Micro, Small and Medium Enterprises (MSME)...

BoG urges journalists to deepen knowledge to curb misinformation

The Bank of Ghana (BoG) has emphasized the importance of journalists—particularly reporters, morning show hosts, and radio presenters—being well-versed in financial and economic issues...

Tax expert questions untaxed gifts to religious leaders at anti-corruption forum

Tax expert Professor Abdallah Ali-Nakyea has cast a spotlight on the controversial practice of religious leaders receiving lavish, untaxed gifts. Professor Ali-Nakyea, an Associate Professor...

MOTI to mark 2025 MSME Day with focus on digital growth

The Ministry of Trade, Agribusiness and Industry (MOTAI), in collaboration with the Ghana Enterprises Agency (GEA) and a host of development and private sector...

Recalled BoG staff to be put on extended probation

The Bank of Ghana (BoG) has placed all recently recalled staff—whose appointments were earlier terminated—on an extended probation, sources have told JoyBusiness. The recall marks...

Zoomlion extends sustainable waste management solutions to Burkina Faso

Zoomlion Ghana Limited, the leading subsidiary of the Jospong Group of Companies, is poised to expand its expertise into Burkina Faso's waste management sector,...

Ofosu-Dorte warns lack of institutional coordination weakens Ghana’s economic resilience

Senior Partner at AB & David Africa, David Ofosu-Dorte, has cautioned that the lack of coordination among key state institutions is significantly undermining Ghana’s...

Ghana needs US$3 billion for 6-month strategic fuel reserves – Oil Marketing Chamber Chair

The Board Chairman of the Chamber of Oil Marketing Companies, Gabriel Kumi, has revealed that Ghana will need approximately US$3 billion to secure six...

Use data to drive long-term development – Prof. Bokpin

Economist, Professor Godfred Bokpin, has called for a renewed commitment to long-term economic planning in Ghana, emphasizing the critical need to leverage national data...

Electricity tariffs up by 2.45%, water remains unchanged – PURC

The Public Utilities Regulatory Commission (PURC) has announced a 2.45% increase in electricity tariffs across all customer categories. According to PURC, the increment, which takes...

AB & O rebrands as Swift Lane Logistics, reflecting speed, growth, and a revamped customer experience

Accra, Ghana – June 2025 – After more than a decade of serving businesses and individuals across Ghana, AB & O has announced a...

GH₵1 energy levy likely to return amid sector pressures – Dr. Acheampong

Economist and political risk analyst Dr. Theophilus Acheampong has hinted at a possible reintroduction of the controversial GH₵1 energy levy, citing persistent financial strain...

Ghana can lead Africa in AI innovation – Deloitte Partner

Yaw Appiah Lartey, Partner for Strategy, Risk and Transactions at Deloitte, has expressed optimism that Ghana is at a unique turning point with its...

Inflation projected to drop to 16% in June 2025 – IC Research

Inflation is expected to witness another sharp decline in June 2025, falling to 16%, according to IC Research. The anticipated drop is attributed to favourable...

Ghana’s economy projected to grow above 4.8% in 2025 – IC Research

Ghana’s economy is projected to grow by more than 4.8% in 2025, according to IC Research in its latest paper titled “Ghana’s Q1 2025...

Ghanaian businesses in Israel fear rising freight charges amid Israel-Iran conflict

Some Ghanaian businesses operating in Israel have expressed concern over a potential surge in freight charges due to the escalating conflict between Israel and...

BoG acted within labour law in terminating recruits – Austin Gamey

Renowned human resource consultant, Austin Gamey, says the Bank of Ghana (BoG) acted within the confines of labour laws in terminating the appointments of...

TOR to resume full operations in October 2025 – Acting MD

The management of the Tema Oil Refinery (TOR) has announced plans to resume full operations by October 2025. According to officials, the refinery’s return to...

Gov’t misses Treasury Bill target for 4th straight week

The government has failed to meet its treasury bill target for the fourth consecutive week, falling short by about 24%, according to auction results...

GRA introduces modified tax plan

The Ghana Revenue Authority (GRA) is set to roll out a new initiative aimed at simplifying tax filing for micro and small businesses across...

Fitch warns falling gold prices could erode Ghana’s reserves, trigger cedi sell-off

Fitch Solutions has warned that a sharp decline in global gold prices—driven by a shift toward conventional trade policies in the U.S. or the...

Ghana has enough fuel to last over 2 months – NPA boss

The Chief Executive of the National Petroleum Authority (NPA), Edudzi Tamakloe, has assured Ghanaians that the country has enough fuel reserves to last more...

BoG justifies termination of a fraction of persons recruited in December 2024

The Bank of Ghana has justified its decision not to confirm the appointments of a fraction of personnel recruited in December 2024. Sources close to...

Africa World Airlines launches Accra–Ouagadougou flight route

Africa World Airlines (AWA) has officially inaugurated a new flight route linking Accra, Ghana, to Ouagadougou, the capital city of Burkina Faso. The launch ceremony...

GNPC reaffirms strategic role in West Africa’s energy future

The Ghana National Petroleum Corporation (GNPC) has reaffirmed its commitment to energy transformation and regional integration with a forward-looking gas strategy unveiled at the...

Prices still climbing despite falling inflation – Prof Asuming

Prices in Ghana are still rising despite a consistent decline in inflation, economist Professor Patrick Asuming has cautioned. Speaking on JoyNews’ PM Express Business Edition...