HomeBusiness

Business

Even those spreading the rumours know it’s false – GIADEC CEO on VALCO sale claims

The Chief Executive Officer of the Ghana Integrated Aluminium Development Corporation (GIADEC), Reindorf Twumasi Ankrah, has dismissed claims that the Volta Aluminium Company (VALCO)...

Ghana seeks stronger partnerships with Australian mining sector at Mining Indaba reception

Ghana’s Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, who is also Acting Minister for Environment, Science and Technology, has called for deeper...

Cancelling 1D1F shows lack of policy understanding – Former Trade Minister [Video]

Former Minister for Trade and Industry, K.T. Hammond, has expressed surprise and disappointment over the government’s decision to cancel the One-District-One-Factory (1D1F) programme. Speaking in...

Is VALCO for sale? Here are the facts

By any serious industrial measure, Ghana’s Volta Aluminium Company (VALCO) is at a crossroads. Either the country secures a strategic investor to modernise the smelter,...

VALCO workers demand removal of GIADEC CEO over alleged mismanagement

Workers of the Volta Aluminium Company (VALCO) have called for the immediate removal of Reindorf Twumasi Ankrah, Chief Executive Officer of the Ghana Integrated...

VAT hike crushing spare parts dealers, GRA ‘too lazy’ – PRO [Video]

Public Relations Officer of the Abossey Okai Spare Parts Dealers Association, Kwadwo Takyi Addo, has accused the Ghana Revenue Authority (GRA) of being “lazy”...

WLA president pledges to enhance lotteries across Africa

The President of the World Lottery Association (WLA), Andreas Kotter, says the WLA is committed to strengthening and supporting its member states in Africa...

Does it really work? – KT Hammond questions 24-hour Economy Policy

Former Minister for Trade and Industry, Kobina Tahiru Hammond, has expressed concerns about the practicality of Ghana’s proposed 24-hour economy policy, particularly its relevance...

Pay us now or farmers will suffer – Licensed Cocoa Buyers urge COCOBOD

President of the Licensed Cocoa Buyers Association of Ghana (LICOBAG), Samuel Adimado, has raised alarms over a “looming collapse” in the cocoa sector due...

Abossey Okai spare parts dealers threaten one-week strike over new VAT regime

The Abossey Okai Spare Parts Dealers Association has warned of a possible one-week strike if the government does not urgently review the newly implemented...

Energy Commission steps up port surveillance to protect public safety

The Board and Management of the Energy Commission (EC) have intensified surveillance and enforcement activities at its Inspectorate Unit at the Tema Port. This forms...

T-bills: Government exceeds target by 246; interest rates fall sharply to 9.9%

Investor interest in government securities remained high, as the government exceeded its treasury bills target by 246%. This was, however, achieved at a reduced target...

Lands Minister Armah-Kofi Buah arrives in South Africa to lead Ghana’s delegation at Mining Indaba

The Minister for Lands and Natural Resources and Acting Minister for Environment, Science and Technology, Emmanuel Armah-Kofi Buah, has arrived in South Africa to...

Abossey Okai spare parts dealers threaten one-week strike over new VAT regime

The Abossey Okai Spare Parts Dealers Association has warned of a possible one-week strike if the government fails to urgently review the newly implemented...

MIIF projects changing global market dynamics in 2026

The Minerals Income Investment Fund (MIIF),  has projected a cautiously optimistic outlook for global and Ghanaian financial markets in 2026, as easing inflation,...

MIIF releases 2025 economic and market overview report

The global economy recorded modest expansion in the final quarter of 2025, driven largely by activity in the manufacturing and services sectors, according to...

Several OMCs flout NPA’s fuel price floor directive

Several Oil Marketing Companies (OMCs) are reportedly flouting the National Petroleum Authority’s (NPA) directive that no industry player should price petroleum products below the...

Ministry of Finance relocates offices to Kanda

The Ministry of Finance has officially relocated its offices to Kanda in Accra as part of efforts to enhance efficiency and improve service delivery. In...

COCOBOD, gov’t explore new funding model to reduce raw cocoa exports

The Ghana Cocoa Board (COCOBOD), in collaboration with government and financial sector players, is exploring a new funding model aimed at reducing the country’s...

Ghana to exit IMF programme with dignity, not as supplicant – President Mahama

President John Dramani Mahama has announced that Ghana is on course to exit its International Monetary Fund (IMF) programme by April 2026, citing significant...

Ghana on track to exit IMF programme by April 2026 — President Mahama

President John Dramani Mahama has confirmed that Ghana is on track to complete its International Monetary Fund (IMF) programme by April 2026, citing significant...

IMF should move its headquarters to Ghana if we can’t manage after exit – GNCCI CEO

The Ghana National Chamber of Commerce and Industry (GNCCI) CEO, Mark Badu-Aboagye, has warned Ghana’s political leadership that the country cannot continue to return...

17 times is enough – GNCCI boss backs IMF exit, demands discipline

The Ghana National Chamber of Commerce and Industry (GNCCI) CEO, Mark Badu-Aboagye, says Ghana must not return to its old habits after exiting the...

NPA boss highlights disciplined regulatory regime at 2026 Nigeria International Energy Summit

The Chief Executive of the National Petroleum Authority (NPA), Mr. Godwin Kudzo Tameklo Esq., has underscored the Authority’s disciplined regulatory regime as a key...

Fidelity Bank donates GH¢50,000 to support Ashanti GJA press centre project

Fidelity Bank Ghana has donated GH¢50,000 to the Ashanti Regional Branch of the Ghana Journalists Association (GJA) to support the construction of a new...

Inflation falls, but prices remain high; is data wrong? – Bantama MP questions stats

The Member of Parliament for the Bantama Constituency in the Ashanti Region, Francis Asenso-Boakye, has questioned the recent decline in Ghana’s inflation rate. He says...

Ghana recorded highest transport fare reduction in its history last year – Transport Ministry

Minister for Transport, Joseph Bukari Nikpe, has announced plans to introduce a mobile application to regulate and standardise spare parts pricing, following what he...

Minority demands immediate payment to cocoa farmers over delays since November

The Ranking Member on Parliament’s Food, Agriculture and Cocoa Affairs Committee, Isaac Yaw Opoku, has called on the government and the Ghana Cocoa Board...

Trade Ministry claims diplomatic victory as U.S. extends AGOA for Ghana

The Ministry of Trade, Agribusiness and Industry says Ghana has secured a major reprieve in its trade relationship with the United States after Washington...

Motor insurance tariffs set for marginal increase from February 16

Motor insurance tariffs are set to go up marginally from February 16, 2026, following approval by the National Insurance Commission (NIC). The NIC has authorised...

24-hour economy will drive productivity and industrial growth – Veep

Vice President Prof. Jane Naana Opoku-Agyemang has said Ghana’s proposed 24-hour economy policy holds significant potential to boost productivity, expand trade and accelerate industrial...

Ghana launches local gold refining at Gold Coast Refinery

Ghana has officially commenced local refining of gold from the Artisanal and Small-Scale Mining (ASM) sector, following the start of operations at the Gold...

SMEs remain competitive despite challenges – Jane Naana Opoku-Agyemang

Vice President Prof Jane Naana Opoku-Agyemang has praised Ghana’s Small and Medium-sized Enterprises (SMEs) for their resilience and competitiveness, even in challenging economic conditions...

Only 20% of African SMEs engage in export trade – Prof. Opoku-Agyemang

Vice President Professor Naana Jane Opoku-Agyemang has expressed concern about the low participation of African small and medium-sized enterprises (SMEs) in cross-border trade. She warned...

Finance Minister inspects Gold Coast Refinery, signals push for value addition in gold sector

The Minister for Finance, Dr. Cassiel Ato Forson, has described the Gold Coast Refinery as a significant milestone in Ghana’s industrialisation drive and broader...

Cross-border payment reforms key to AfCFTA success — Deputy BoG Governor

Payments remain one of the biggest obstacles to Africa’s ambition of building a truly integrated single market under the African Continental Free Trade Area...

AfCFTA Association of Commodities Exchanges appoints Setutsi Ivowi as first Secretary-General

The AfCFTA Association of Commodities Exchanges (A-ACX) continues to build momentum toward deeper integration and collaboration across Africa’s commodity markets. At a recent General Meeting,...

Agricultural Economist suggests government pays cocoa farmers with gold proceeds

Head of the Department of Agricultural Economics at the Kwame Nkrumah University of Science and Technology (KNUST), Professor Robert Aidoo, has urged the government...

Ghana inflation falls to 3.8%, lowest since 2021

Ghana’s consumer inflation slowed for the 13th consecutive month, dropping sharply to 3.8% year-on-year in January from 5.4% in December, signalling growing price stability...

Parliament to consider major economic and financial sector bills – Majority Leader

Parliament will review a wide range of economic and financial sector legislation as it resumes work, Majority Leader Mahama Ayariga has announced. He said the...