Business
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TCDA bans distribution of uncertified tree crop seedlings from July 3
The Tree Crops Development Authority (TCDA) has directed all development partners, government agencies, non-governmental organisations, individuals and other actors involved in the distribution of tree crop seedlings to source planting materials only from TCDA-certified suppliers. The directive, issued under the Tree C...
IMF revises Ghana’s growth rate for 2026 to 4.8%, inflation at 7.9% despite global economic pressures
The International Monetary Fund (IMF) has revised Ghana’s 2026 economic growth rate to 4.8%. This represents a marginal increase over the earlier 4.6% projection released this year. The IMF, in its Economic Outlook for sub-Saharan Africa, had initially projected growth at 4.6% for 2026, citing macroeconomic stabilisati...
Ashaiman traders threaten “boot for boot” as eviction tensions escalate with municipal chief executive
The spokesperson for the Peaceful Settlers Association at Ashaiman Traffic, Jeffrey Elli, has warned that traders are prepared to go “boot for boot” if authorities attempt to demolish their shops again. He explained that the group does not want violence, but they will not sit back and watch their shops destroyed for th...
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 been watching for with cautious optimism: a formal upgrade of Ghana’s Long-Term Foreign-Currency Issuer Default Rating (LTFC IDR) from ‘B-‘ to ‘B’, wit...
Government considers transfer of Gold Fields Tarkwa mine to local firms after expiration of lease
According to the government sources, any transfer will also be evaluated against commitment to environmental rehabilitation, local employment and infrastructure development in the surrounding communities.
New Havenn Garments pushes Made-in-Ghana fashion agenda
Managing Director of New Havenn Garments, Afua Gyekyewaa Prempeh, has shared her journey of building a fashion manufacturing brand while calling for stronger support for local production in Ghana. She spoke on Brekete, during the SME’s Corner segment on AsaasePa, which highlights the achievements of local businesses. B...
GoldBod Jewellery announces change of official e-commerce website
GoldBod Jewellery Limited has officially announced a change to its e-commerce platform, urging customers to update their bookmarks to the company’s new website. In a public notice issued on Monday, July 13, 2026, the company stated that its official online shopping platform has moved to www.goldbodjewellery.gov.gh. “Cu...
Angola and Ghana seize Us crude market share as Nigerian exports plunge 47%
The United States has sharply cut its imports of Nigerian crude oil, reducing shipments by nearly half in January, a move that has opened the door for Angola and Ghana to expand their share of the U.S. market. According to the latest data from the US Census Bureau and the Bureau of Economic Analysis, Nigerian crude imp...
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 comprehensive regulatory framework for Ghana’s bitumen industry. The committee has been tasked with formulating regulations to guide the qua...
NLA denies claims of salary reductions and pay increase allegations
The National Lottery Authority (NLA) has denied social media claims suggesting that its Director-General, Mohammed Abdul-Salam, has reduced staff salaries while increasing his own pay. In a statement, the Authority described the allegations as false and misleading, and intended to damage the reputation of management. T...
Gov’t owed GN Bank GH¢300m in unpaid IPCs before reclassification and licence revocation — Dr Kweku Ndoum
President of Groupe Ndoum, Dr Kweku Ndoum, has alleged that the financial difficulties that eventually led to the collapse of GN Bank began after the government terminated contracts the bank had been financing following a review by the New Patriotic Party (NPP) administration in 2017.
Government owes GN Bank GH¢300m in unpaid interim payment certificates — Dr Ndoum
President of Groupe Ndoum, Dr Kweku Ndoum, has alleged that the financial difficulties that eventually led to the collapse of GN Bank began after the government terminated contracts the bank had been financing following a review by the New Patriotic Party (NPP) administration in 2017.