Business
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Invite more investors to explore Ghana’s oil and gas potentials – PIAC to gov’t
The Public Interest and Accountability Committee, (PIAC) has made a proposal to government to institute measures to invite new investors to explore potential oil fields across the country. This is to support the country to maximize benefits from the oil and gas sector. The call follows persistent decline of crude oil p...
Bank of Ghana’s mandate should be price stability and nothing else – Dr Nsafoah
He suggested that the solution is to improve coordination between institutions responsible for macroeconomic stability and those responsible for structural transformation and employment creation, and not to dilute the mandate of the Bank of Gha
Jumia to lay off 200 workers and employ AI to reduce costs
Jumia has never had the luxury of fat margins. The pan-African e-commerce platform — long tagged “the Amazon of Africa” — sells to customers who earn roughly $200 to $300 a month across markets like Nigeria, Kenya, and Côte d’Ivoire. You can’t build a business on thin wallets without running an extremely thin operation...
Transport operators give government two-day ultimatum to stabilise fuel prices
Commercial transport operators in Ghana have issued a two-day ultimatum to the government to stabilise fuel prices, warning that failure to act could lead to a 20 percent hike in transport fares. In a press statement dated March 29, representatives from the Ghana Private Road Transport Union and other driver associatio...
Finance Minister announces expiration of DDEP-induced restrictions on domestic bond issuance
The Ministry of Finance has officially announced the end of restrictions on the issuance of new domestic bonds, signaling a major shift in Ghana’s post-debt restructuring strategy. Finance Minister Dr. Cassiel Ato Forson explained in a statement that the limitations were introduced in 2023 following the country’s debt....
Oil prices jump after US launches new attacks on Iran
Oil prices have jumped after the US carried out new attacks on Iran, targeting a military site in Bandar Abbas, a strategic port city.
Why Ghana’s export story is no longer about raw cocoa
For decades, Ghana’s export narrative has been defined by one dominant image: raw cocoa beans leaving the shores for processing elsewhere. Cocoa remains a pillar of the economy, but new data suggests the country’s export story is quietly changing, and in a way that could reshape its long‑term economic prospects. The re...
Tony Elumelu appointed chairman of Seplat Energy
The board has also appointed Engr. Effiong Okon as Chief Executive Officer commencing 1st August 2026
EU backs Ghana’s poultry scheme with 150k birds for 3,000 farmers
The European Union (EU) has thrown its weight behind Ghana’s flagship Feed Ghana programme, donating 150,000 fully vaccinated birds to 3,000 poultry farmers across six districts in the Upper East, Savannah and North East regions. The support was announced at the launch of the government’s ‘Nkoko Nkitinkiti’ initiative...
BOSAG, Gov’t aligns to scale Ghana’s BPO & GBS sector and create 100,000 jobs
The Business Outsourcing Services Association Ghana (BOSAG) has called for stronger government backing to accelerate the growth of Ghana’s Business Process Outsourcing (BPO) and Global Business Services (GBS) sector, as part of efforts to position the country as a competitive global outsourcing destination and deliver...
Bond market: Turnover rebounds strongly by 240% to GH¢1.62bn
Trading activity was led by the 2027-2030 maturities, which accounted for 57.67% of total turnover at a weighted-average yield of 12.09%.
Banker in court for allegedly stealing GH¢12m, blowing GH¢600K on online betting
A relationship manager at a private bank has appeared before an Accra Circuit Court over allegations of syphoning GH¢12 million from a client’s accounts, with investigators further claiming that a portion of the funds was channelled into online sports betting.