Business
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GIPA scraps minimum capital requirement for foreign-owned businesses
The Ghana Investment Promotion Authority (GIPA) has announced major changes under the GIPA Act, 2026 (Act 1173), including the removal of minimum capital requirements for wholly foreign-owned businesses and joint ventures. Principal Investment Promotion Officer at GIPA, Vera Adjei, said the requirement has been scrappe...
Don’t suspend AI system — Importers Association backs enforcement, urges compliance
The Executive Secretary of the Importers and Exporters Association of Ghana, Sampson Asaki Awingobit, has opposed calls to suspend the controversial customs AI valuation system, insisting it is necessary to curb under-declaration and protect government revenue. Speaking on the Asaase Breakfast Show on Tuesday (14 April...
Full text: 2026 Mid-Year Budget Statement
Finance Minister Dr Cassiel Ato Forson has presented the 2026 Mid-Year Budget Statement to Parliament. The presentation took place on Thursday, July 23, outlining the government’s assessment of the economy’s performance during the first half of the year and its fiscal outlook for the remainder of 2026. The Mid-Year Bud...
Economy grew 6.4% in Q1 2026 on services, mining expansion
Ghana’s economy expanded by 6.4 percent in the first quarter of 2026, up from 6.2 percent recorded in the same period of 2025, driven mainly by strong performances in the services and industrial sectors. Presenting provisional estimates in Accra, Government Statistician Dr. Alhassan Iddrisu said the economy showed broa...
Nationalising mines will not automatically increase state revenue — Mineral Economist
A mineral economist at the Mineral Commission, Mr. Wisdom Puplampu, has cautioned against calls for the nationalisation of mines in Ghana, arguing that such a move would not automatically guarantee greater financial benefits for the state.
Societe Generale Ghana records resilient performance amid macroeconomic resetting
According to the Bank, the year 2025 marked a significant improvement in Ghana’s macroeconomic environment resulting in a sharp decline in interest rates, strong appreciation of the Ghana cedi and easing inflation.
Africa’s future depends on moving people, skills and ideas across borders — Dr Yamson
Speaking at the Kgalema Motlanthe Winter Seminar 2026 in Johannesburg, held under the theme “Migration as a catalyst for African integration, innovation and shared prosperity,” Dr Yamson said well-managed migration has historically been a major driver of economic growth and regional integration across Africa.
MTN Ghana trains 200 SMEs in Koforidua to boost business growth
About two hundred small and medium size Enterprises, SME business owners in Koforidua in the New Juaben South Municipality of the Eastern Region, have participated in a two-day business clinic organised by MTN Ghana, to equip them with practical skills and mentorship to grow their businesses. The initiative, the first...
2026 Budget is all bones with no meat – Amin Adam criticises government’s Mid-Year Review
Former Finance Minister Dr Mohammed Amin Adam has described the 2026 Budget as a document filled with “bones and no meat”, arguing that the government has failed to present policies and programmes that directly address the concerns of Ghanaians. Dr Amin Adam, who is the Member of Parliament for Karaga and Ranking Membe...
GOIL MD and Azumah Nelson serve customers in Ghana Month celebration
The forecourt of the GOIL filling station at 37 Military Hospital area in Accra was unusually vibrant, filled with energy, smiles, and a strong sense of connection between management and customers. It was GOIL Pride Day, part of the Ghana Month celebrations, and the atmosphere reflected more than just business—it was a...
Deloitte to host 2026 Banking Bootcamp to drive industry transformation
Organised under the theme “Embracing Change in the Banking Sector,” the bootcamp aims to equip participants with practical tools and forward-looking strategies to navigate an increasingly complex financial landscape.
‘I don’t even drink whisky’: Scotland reels in visitors as much of Europe swelters
More direct flights from North America and, say tourism chiefs, Highland warriors and Tartan Army have helped For the tourist industry, 2026 has been a rocky year, with war, EU border delays, climate and economic woes gnawing away at holiday plans. But while much of Britain is feeling the loss of visitors from the Midd...