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Policy rate at 14%: Middle East crisis is the elephant in the room – BoG boss
The Governor of the Bank of Ghana, Johnson Pandit Asiamah, has defended the decision by the Monetary Policy Committee (MPC) to maintain the policy rate at 14 percent, insisting that lingering geopolitical tensions in the Middle East continue to pose serious risks to Ghana’s inflation outlook and economic stability. Res...
GMA assures cooperation as Sammi Awuku flags drug-linked vessel concerns
The Ghana Maritime Authority (GMA) says it is ready to cooperate with Parliament after allegations by New Patriotic Party (NPP) lawmaker Sammi Awuku over the handling of a vessel linked to suspected drug trafficking. Awuku, who serves as Vice Chairman of Parliament’s Committee on Public Administration and State Interes...
MTN Ghana completes separation from MoMo business; announces Mobile Money Fintech
Stephen Blewett, Chief Executive Officer of MTN Ghana, said: “This milestone reflects our commitment to driving innovation, strengthening digital infrastructure and delivering services that improve the lives of our customers. The structural separation positions us to scale our fintech ambitions while continuing to inve...
SEC gives online investment platforms until August 31 to register or face sanctions
All market operators, fintech service providers, and persons operating online investment and trading platforms have until August 31, 2026, to complete their registration and licensing with the regulator or risk facing sanctions. The directive, issued on June 23, 2026, by the Securities and Exchange Commission (SEC), co...
Ginger prices to remain high for two years – expert warns
Agribusiness entrepreneur and founder of Ideal Providence Farms, Georgina Koomson, has warned consumers to brace for sustained increases in ginger prices, attributing the trend to prolonged disease outbreaks that have severely affected production levels. Speaking on The Super Morning Show, Ms. Koomson explained that ma...
Heath Goldfields clears GH¢139 million in worker arrears as Bogoso-Prestea recovery begins
Heath Goldfields has paid over GH¢139 million to workers at the Bogoso-Prestea mine since taking over operations, as it works to clear a backlog of unpaid salaries and stabilise the mine. According to the company’s General Manager, Patrick Appiah Mensah, the payments form part of a deliberate effort to restore dignity...
GCB Bank backs Timeline & Innovations LTD with heavy-duty fleet to boost Ghana’s “Big Push” agenda
In a major boost to Ghana’s industrialisation and infrastructure drive, GCB Bank, in partnership with Timeline & Innovation Company Limited, has commissioned a substantial fleet of heavy-duty vehicles and industrial machinery to support the government’s flagship “Big Push” infrastructure agenda under President John Dra...
FDI inflows hit US$2.61bn in 2025 – GIPC
The Chief Executive for Ghana Investment Promotion Centre (GIPC) Simon Madjie has announced that provisional figures indicate that Foreign Direct Investment (FDI) into Ghana reached US$2.61 billion in value in 2025. This is more than the US$652 million recorded in 2024. Mr. Madjie said the development shows renewed inv...
Cocoa Protection Bill: Clause 81 could hurt farmers – Isaac Yaw Opoku
The Ranking Member on Parliament’s Food, Agriculture and Cocoa Affairs Committee, Isaac Yaw Opoku, has called for a review of a provision in the new cocoa legislation that restricts the destruction, uprooting or sale of cocoa trees without government approval. Opoku, who is also the Member of Parliament for Offinso Sou...
IMF team expected to complete final programme review on May 15
A visiting team from the International Monetary Fund (IMF) is expected to conclude the final review of Ghana’s Extended Credit Facility programme on Friday, May 15. This is what JoyBusiness has picked up from sources familiar with the engagement. The IMF mission team, led by Ruben Atoyan, has been in Ghana since April...
Africa to maintain steady growth over next three years – Bridgewater Advisors
It pointed out that the expected decline in inflation should improve conditions for households, businesses and policymakers, supporting consumption, investment planning and policy stability. “This disinflationary trend is likely to be supported by tighter monetary and exchange rate policies, improved fiscal discipline,...
GCB denies robbery at Labone branch, says no breach occurred
GCB Bank has denied reports that its Labone branch in Accra was targeted in a robbery attempt, saying no robbery or attempted robbery took place on its premises. In a statement issued on Thursday (13 August), the bank said reports about an attempted robbery in the Labone area had made references to its branch, but stre...