Business
Stories in this category
THE LAW 101: Regulating the trigger- The legal boundaries of gun ownership, use obligations, and sanctions
The recent violence over the headship processes of the Kristo Asafo Mission is a sobering reminder of how quickly institutional friction can turn bloody when firearms are brought into the equation. In the aftermath of such disturbances, a familiar pattern emerges: the state steps in, and the police routinely discover t...
No FDA approval, no advert – FDA cautions media, manufacturers
The Food and Drugs Authority (FDA) in the Ashanti Region has cautioned that no product should be advertised without prior approval, urging the media to help enforce compliance. At a media training workshop in Kumasi, Ashanti Regional Director Nathaniel Nana Nkrumah stressed that product registration must come before ad...
Middle East conflict sends global growth to lowest rate since COVID-19 – World Bank
The conflict in the Middle East is expected to slow global growth to the lowest rate since the onset of the COVID-19 pandemic amid higher energy prices, steeper inflation, and increased borrowing costs, according to the World Bank Group’s latest Global Economic Prospects report. Global growth is forecast to slow to 2.5...
Moody’s maintains Ghana’s rating at Caa1, revises outlook to positive
It said domestic financing costs have declined amid monetary policy easing and an improved fiscal position.
CUTS calls on government to increase allocation to Road Fund in 2026 Mid-Year Budget
CUTS International, a leading research and public policy think is calling on the Government to increase funding for road maintenance in the upcoming Mid-Year Budget Review, following the damage caused to roads, bridges and drains by this year’s heavy rains. Road damage is becoming a daily burden on Ghanaians. Many road...
Community banking sector grows to 147 institutions, serving over 8m customers – BoG
Ghana’s community banking sector has grown into one of the fastest-expanding segments of the country’s banking industry, with 147 licensed Community Banks, nearly 1,000 branches, more than eight million customers, and an asset base of approximately GH¢26 billion as of May 2026. Governor of the Bank of Ghana (BoG), Dr....
BoG Governor sees opportunity in Burkina Faso tomato export ban
The Governor of the Bank of Ghana, Dr Johnson Asiama, has suggested that Burkina Faso’s decision to halt tomato exports could present a strategic opportunity for Ghana to strengthen its domestic agricultural sector. He noted that rather than viewing the development as a setback, Ghana could leverage the situation to ex...
Dr Donkor named recipient of prestigious distinguished African Development Finance Leadership Award
The ECOWAS Bank for Investment and Development (EBID) has announced that its President and Chairman of the Board of Directors, Dr George Agyekum Donkor, has been named as the recipient of the Distinguished African Development Finance Leadership Award – Regional Integration & Economic Transformation at the 16th African...
TOR receives one million barrels of ‘Bonga Crude’ for refining operations
Tema Oil Refinery (TOR) has announced the arrival of approximately 1,000,000 barrels of Bonga Crude Oil aboard the MT Cap Felix as part of its ongoing refinery revitalization and crude processing program. The crude oil cargo was purchased from Shell and supplied through TOR’s tolling partner, Fujeirah/Triangle Commodit...
Government to make fresh budgetary allocation to continue BoG recapitalisation in 2027
The government has announced plans to make another budgetary allocation in the 2027 Budget to continue the recapitalisation of the Bank of Ghana, reaffirming its commitment to restoring the central bank’s financial strength under a long-term programme expected to run until 2032. Deputy Finance Minister Thomas Nyarko Am...
Majority knows BoG Governor won’t come and lie – Oppong Nkrumah on closed-door session
Former Works and Housing Minister and Member of Parliament for Ofoase-Ayirebi, Kojo Oppong Nkrumah, has accused the Majority in Parliament of preventing the public from hearing responses from the Governor of the Bank of Ghana (BoG) because, according to him, the Governor would not support their “propaganda.” Speaking o...
TI Ghana, GIPC intensify media campaign against fronting in business sector
Transparency International Ghana and the Ghana Investment Promotion Centre have intensified the 'anti-fronting' campaign with a capacity-building workshop for journalists in the Ashanti Region to enhance collaborative efforts to tackle fronting in the registration of foreign businesses.