HomeBusiness

Business

Tariff hikes will kill businesses and the 24-Hour Economy – Food and Beverages Association

The Food and Beverages Association of Ghana (FABAG) says the proposed upward review of electricity tariffs by the Public Utilities Regulatory Commission (PURC) will...

Gold prices soar, but Ghana’s production struggles tell a different story – Chamber of Mines

President of the Ghana Chamber of Mines, Michael Edem Akafia, says soaring global gold prices present mixed fortunes for mining firms in Ghana, as...

Local cement industry faces collapse from cement influx from Togo – COCMAG

The Chamber of Cement Manufacturers Ghana (COCMAG), has expressed deep concern over the growing influx of imported bagged cement, particularly from Togo. According to the...

Electric cars, smart doors, security cams: Why you need to be at the ongoing Ecobank-JoyNews Habitat Fair

The Ecobank-JoyNews Habitat Fair at Gud Park near Accra Mall is shaping up to be more than just a showcase of homes, it’s a window...

Mahama pledges full local chicken production within three years

President John Dramani Mahama has unveiled an ambitious plan to make Ghana entirely self-sufficient in chicken production within the next three years. The initiative, dubbed...

IMF expects Ghana’s total debt stock to reach 60% of GDP by end of 2025

The International Monetary Fund (IMF) expects Ghana’s total debt stock to reach 60% of Gross Domestic Debt (GDP) by the end of 2025. The Bretton...

World Bank disburses $360 million to support Ghana’s economy

The World Bank has disbursed $360 million from its International Development Association (IDA) for Ghana. The disbursement is coming under the Second Resilient Recovery Development Policy Financing operation,...

Ghana still reigns as Africa’s gold king with 4.8 million ounces in 2024 – Chamber of Mines

Ghana is still holding on to its position as the biggest gold producer in Africa, according to the President of the Ghana Chamber of...

Demand VAT invoice to support development – GRA to Ghanaians

The Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Kwasi Sarpong, has urged Ghanaians to make tax payment a national priority, stressing its crucial...

Mahama confirms BoG has withdrawn from forex market

President John Mahama has revealed that the Bank of Ghana (BoG) has withdrawn its interventions in the foreign exchange market, a move that has...

Mpraeso MP urges government to pause AT–Telecel merger

The Member of Parliament for Mpraeso, Davis Ansah Opoku, has urged the government to pause the proposed merger of AT Ghana and Telecel, warning...

AGOA renewal unlikely after U.S. imposes tariffs on Ghanaian exports – Mahama

President John Dramani Mahama has expressed doubt over the future of the African Growth and Opportunity Act (AGOA), warning that the trade programme is...

It must find its true value – Mahama on cedi’s fall

President John Mahama says the recent tumble of the cedi reflects both overvaluation and undervaluation, insisting the currency must settle at its true value. Speaking...

Prices of goods and services have stabilised – Mahama

President John Mahama says Ghana’s economy is witnessing a period of price stability, with inflation falling sharply and the cost of goods and services...

Transport Minister must block excavator imports, its a canker in the country – Samson Awingobit

Executive Secretary of the Importers and Exporters Association, Samson Asaki Awingobit, has accused the Transport Minister of the continued importation of excavators into Ghana,...

Cedi depreciates further; Year-To-Date gain drops to 18.5%, one dollar going for GH¢13.10

The Ghana cedi continued its weak run, with the Year-to-Date gain reduced to 18.51% on Tuesday, September 9, 2025, from 20.35% recorded on Friday,...

Ghana’s economy records 6.3% growth in Q2 2025, highest since 2019

Ghana’s economy expanded by 6.3 percent in the second quarter of 2025, marking the highest growth rate since 2019, according to data released by...

International buyers release over $4bn for Ghana’s cocoa purchases

Some international buyers of Ghana’s cocoa have begun advancing part of more than $4 billion to COCOBOD for cocoa bean purchases for the 2025/2026...

Economist praises government for AT and Telecel Ghana merger

Economist and business consultant, Bismark Osei, has commended government’s decision to merge AirtelTigo (AT) and Telecel Ghana, describing it as a bold and strategic...

Rektron Group reaffirms $150m bid to acquire 60% stake in AT Ghana

Canadian multinational conglomerate Rektron Group Incorporated has restated its commitment to acquiring a controlling 60% equity stake in AT Ghana Limited for $150 million,...

Utility tariffs: Passing costs to consumers is not sustainable – Kwadwo Poku

Energy policy analyst, Kwadwo Nsafoah Poku, has warned that ordinary consumers will suffer the most if the Public Utilities Regulatory Commission (PURC) approves steep...

National Service Authority welcomes New Director-General

The National Service Authority (NSA) on Tuesday officially transitioned leadership during a brief handing-over ceremony at its headquarters. Outgoing Director-General Mr. Felix Gyamfi formally handed...

GUTA backs Abossey Okai Dealers in ultimatum to foreign traders

The Ghana Union of Traders Association (GUTA) has thrown its support behind spare parts dealers at Abossey Okai in Accra, who have directed foreign...

Small-scale gold exports hit record $6.3bn – GoldBod

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has announced that small-scale gold exports between January and August 2025 reached...

Ghana is resetting and Africa is rising; GoldBod is ready – Sammy Gyamfi

Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has announced far-reaching reforms aimed at boosting Ghana’s gold production and ensuring greater...

Ghana risks importing water if… – Nana Yaa Jantuah warns

Presidential Staffer and Head of the Utility Review Hearing Committee, Nana Yaa Jantuah, has warned that Ghana risks importing water in the near future...

GH¢12 rate stronger and more sustainable than GH¢10.5 – Joe Jackson

Chief Executive Officer of Dalex Finance, Joe Jackson, has attributed recent fluctuations in the Ghana cedi to deliberate measures by the Bank of Ghana,...

Dr Adrian Alter assumes office as IMF Resident Representative for Ghana

The new International Monetary Fund (IMF) Resident Representative for Ghana, Dr. Adrian Alter, has officially assumed office. Joy Business understands that Dr. Alter began duty...

Government assures investors of fiscal discipline after IMF exit

Government is moving to reassure investors, donors, and markets that Ghana will maintain fiscal discipline after exiting the International Monetary Fund (IMF) programme in...

Evalue-Ajomoro-Gwira MP urges fast-track of Petroleum Hub Project after Asia tour

Member of Parliament for Evalue-Ajomoro-Gwira, Kofi Arko Nokoe, has called for urgent national commitment to the Petroleum Hub Project, describing it as a potential...

TEWU announces strike over delayed conditions of service agreements

The Teachers and Educational Workers’ Union (TEWU) of the Trades Union Congress (TUC) has announced an industrial action effective Thursday, September 19, 2025, citing...

Abossey Okai Spare Parts dealers issue three-day ultimatum to foreign traders

The Abossey Okai Spare Parts Dealers Association has issued a three-day ultimatum to foreigners engaged in retail trading within the enclave, demanding that they...

In the era of ESG sustainability: Why are some African and emerging market economies’ participation lagging the global push?

Introduction:  Environmental, Social, and Governance (ESG) principles have become central to global conversations on sustainability. The Global ESG Imperative: ESG frameworks have evolved from a...

Several investors submit proposals for Damang Mines’ takeover

Acting Chief Executive of the Minerals Commission, Isaac Andrews Tandoh, has revealed that several investors have submitted proposals for the possible takeover of the...

Ghana ineligible to receive U.S. foreign assistance for 2026 financial year under MCC

Ghana is ineligible to receive foreign assistance for the Financial Year 2026 from the United States under the Millennium Challenge Compact. This is pursuant to...

South Africa steps in to resolve Gov’t-MultiChoice dispute [Listen]

South Africa has waded into the ongoing standoff between Ghana’s Ministry of Communications and MultiChoice Ghana over DStv subscription fees, as diplomatic efforts intensify...

Why Telecel–AT Ghana merger won’t solve fundamental problems – Abirem MP

Deputy Ranking Member of Parliament’s Communications Committee, Charles Asuako Owiredu, has cast doubt on the government’s proposed merger between AT Ghana and Telecel, warning...

Ghana’s Diaspora Affairs office, Nigeria’s Presidential Economic Advisory Council laud AfriCanada Expo 2025

The Diaspora Affairs Office at the Office of the President of Ghana and the Presidential Economic Advisory Council of Nigeria have endorsed the upcoming...

IMF Staff Mission expected in Ghana at end of September for 5th Programme Review

An International Monetary Fund (IMF) staff mission is expected in Accra at the end of September 2025 to assess Ghana’s economic progress and conduct...

Ghana’s mining shake-up: Engineers & Planners takes over Black Volta and Sankofa Gold projects

The long-dormant Black Volta and Sankofa gold projects in Ghana’s Upper West Region are set for revival after Engineers & Planners (E&P), one of...