Business
Stories in this category
Adamus Resources gets 12-month roadmap to turn around mine
Adamus Resources Limited has been given a reprieve after the government directed the company and relevant mining authorities to develop a 12-month roadmap to restore the mine to viable operations. The decision followed a meeting at the Presidency involving the Ministry of Lands and Natural Resources, the Minerals Commi...
AfDB forecasts 5% GDP growth for Ghana as macroeconomic indicators strengthen
The African Development Bank (AfDB) has projected a robust economic expansion for Ghana, forecasting the country’s Gross Domestic Product (GDP) to grow by 5.0 per cent in 2026.
PIAC accuses government of breaching oil fund law with $100m cap instead of required $584m
The Public Interest and Accountability Committee has said Ghana's finance ministers breached the law between 2021 and 2025 by setting the cap on the Ghana Stabilisation Fund at $100 m, far below the $584.22 m required under the country's petroleum revenue rules.
World Bank approves $500m to improve rural roads and market access in Ghana
The World Bank has approved $500 million in financing for the Ghana Market Access and Connectivity Project (GMACP), a major initiative to improve rural road connectivity, strengthen agricultural value chains, expand economic opportunities, and create short-term direct jobs for rural communities across Ghana. Poor road...
Ghana’s economic turnaround gains Global spotlight at IMF/World Bank Spring Meetings
Ghana’s economic recovery story has taken centre stage at the ongoing IMF/World Bank Spring Meetings, as Finance Minister Cassiel Ato Forson presented the country’s turnaround experience at the 13th African Fiscal Forum’s High-Level Roundtable. Addressing a session on “Macro-Fiscal Developments and Outlook in Sub-Sahar...
MPC cuts policy rate to 14% to further keep inflationary pressures in check
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has cut the policy rate by 150 basis points to 14 percent, the second consecutive time this year. In January, the committee reduced the policy rate from 18 percent to 15.5 percent. Speaking at a press conference on March 18, 2026, the BoG Governor, […]
Energy Minister John Jinapor likely to suspend some fuel margins today
Energy Minister John Jinapor is expected to announce a temporary suspension of some margins on petroleum pricing today, in what could bring relief to consumers over the next four weeks. This is what JOYBUSINESS has gathered from persons with knowledge of engagements between the Finance Minister, Cassiel Ato Forson, and...
“24-Hour Economy” must be private sector-led to survive – Amin Adam
New Patriotic Party (NPP) lawmaker and former Finance Minister, Mohammed Amin Adam, has said the government’s proposed 24-hour economy policy can only succeed if it is driven by the private sector rather than the public sector. In a Facebook post, Amin Adam argued that attempts to expand public institutions into round-...
Average lending rate falls sharply to 16.33% in April 2026
Similarly, the Ghana Reference Rate has also fallen sharply to 10.06% in April 2026, from 15.68% in January 2026.
Producer inflation rises to 2.7% in April 2026
The Manufacturing sector, which makes up 35.0% of the PPI weights, also increased from -2.2% in March 2026 to -0.6% April 2026, gaining 1.6 percentage points.
Auditor-General report flags GH¢162m in overstated claims by state agencies
The Deputy Minister for Finance, Thomas Ampem Nyarko, has disclosed that several government agencies overstated financial claims amounting to GH¢161.98 million, according to findings contained in the latest report by the Auditor-General of Ghana. Addressing Parliament on Tuesday, Mr. Ampem Nyarko explained that the dis...
SEC woos diaspora investors as Ghana Stock Exchange records strong performance
Ghana’s Securities and Exchange Commission (SEC) is ramping up efforts to attract diaspora and foreign investment into the country’s capital markets amid claims that the Ghana Stock Exchange remains one of the best-performing exchanges in Africa.