Business
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Non-tariff barriers adding up to 20% to cost of trade in West Africa – Trade Minister
Ghana’s Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has described non-tariff barriers as the most persistent obstacle to regional trade in West Africa, warning that they continue to impose significant costs on businesses and consumers across the sub-region. Speaking at the 5th Joint Meeting o...
The Money summit: “People have money but don’t know where to invest” — Acquaye
The Business and Financial Times (BnFT) will host the 2026 edition of its Money Summit this week, with a focus on rebuilding investor confidence and sustaining Ghana’s recent macroeconomic stability, its chief executive has said. Dr Godwin Acquaye said the summit — now in its sixth edition — will bring together key pla...
Thousands of depositors locked out as Equity Savings and Loans faces collapse
Thousands of customers of Equity Savings and Loans Limited have been left stranded after widespread reports that their deposits are locked up following what appears to be the collapse of the company, sparking anger, anxiety, and renewed concerns about Ghana’s savings and loans sector.
World Bank, GCEA provide FIDIC contract management training in Accra
The World Bank has partnered with the Ghana Consulting Engineers Association (GCEA), to provide FIDIC Condition of Contract Management Training Programme, at the Engineering Centre, Roman Ridge, Accra. The 4-day intensive training programme began on Tuesday, 24th March and ended on Friday, 27th March, 2026. Countries w...
Ghana Reference Rate drops for June marginally to 10.02%, interest rates set to reduce further
Ghana Reference Rate (GRR) for June 2026 has dropped marginally to 10.02%, down from 10.03% in May. The figure is based on JOYBUSINESS calculations using the formula adopted by industry players in determining the Ghana Reference Rate each month. The GRR is the key benchmark used by commercial banks in pricing loans in...
GIISDEC to launch data centre to boost transparency and traceability
The Ghana Integrated Iron and Steel Development Corporation (GIISDEC) is set to launch a new data centre within the next month to improve data management, enhance regulatory oversight, and strengthen transparency in the industrial materials value chain. The facility, which is expected to be commissioned with the presen...
Chief of Staff urges young business leaders to embrace mentorship as key to success
Chief of Staff Julius Debrah emphasised that younger business leaders must actively make themselves available for mentorship, describing it as a cornerstone for personal and national economic success.
Guinness Ghana celebrates ‘Artiste of the Year winner with GH₵100,000 support towards his next creative project
Guinness Ghana Breweries PLC welcomed Ghanaian music star Mohammed Ismail Sherif, popularly known as Black Sherif, to its Achimota Brewery on Sunday, 25th May 2026, in celebration of his outstanding achievement at the 2026 Telecel Ghana Music Awards. The visit followed Black Sherif’s remarkable double win at the awards...
Salma Okonkwo calls for stronger support networks among women entrepreneurs
Founder of Blue Power Energy, Salma Okonkwo, has called on women entrepreneurs and professionals to build stronger support systems and remain resilient in their pursuit of business growth and wealth creation. She made the remarks during the 6th Global Women’s Professional and Business Exchange Conference and Expo held...
Corporate Ghana Hall of Fame to honour top executives at 11th Induction Ceremony
The Corporate Ghana Hall of Fame, an initiative of the Business Executive Group, is set to hold its 11th induction ceremony on March 26, 2026, at the La Palm Royal Beach Hotel, further cementing its status as one of Ghana’s most prestigious platforms for corporate leadership. Organisers say the initiative continues to...
New management tackling debt, boosting operations at TOR – Godwin Mahama Ayaba
Corporate Affairs Officer of Tema Oil Refinery (TOR), Godwin Mahama Ayaba, says the new management is prioritising financial discipline and engagement with creditors to settle inherited debts while improving operations at the refinery.
Ghana to refine locally produced crude oil in historic shift – Mahama
President John Dramani Mahama has revealed that Ghana will begin supplying crude oil from its domestic fields to a local refinery for processing, a development he says signals a renewed push toward industrialisation and value addition. He said the arrangement will take effect in June and marks a return to a policy dire...