Business
Stories in this category
Chinese company Huayou agrees to fund Ewoyaa mine development amid Atlantic Lithium takeover talks
Chinese battery materials giant Zhejiang Huayou Cobalt has agreed to take over the remaining development funding obligations for Ghana’s Ewoyaa Lithium Project while simultaneously pursuing a proposed $210 million takeover of Atlantic Lithium. The move represents a major shift in the financing structure of the Ewoyaa p...
GWCL inaugurates G-Water Bottling board to drive growth and expand market reach
Ghana Water Company Limited (GWCL) has inaugurated the Board of Directors of G-Water Bottling Limited, charging members to transform the subsidiary into one of Ghana’s most visible, trusted and commercially successful bottled water brands. The inauguration forms part of GWL’s broader strategy to diversify its revenue s...
Use part of Heritage Fund to increase state stake in mining — Dr Owusu-Sarkodie
The Executive Director of the Centre for Policy Scrutiny, Dr Adu Owusu Sarkodie, has called on government to channel part of Ghana’s Heritage Fund into strategic investments in the country’s mining sector to boost local participation and long-term returns.
Bond market: Turnover rises by 343% to GH¢7.16bn
Activity beyond 2035 remained thin, with the 2035-2038 maturities accounting for just 0.42% of turnover at an average yield of 14.59%.
Bond market: Trading activities surged by 70% to GH¢689.63m
The General Category bond prices improved, with average levels strengthening from 96.0 to 98.0. Consequently, the weighted-average yield to maturity (YTM) eased to 11.68%, from 11.85%.
Non-Performing Loans decline to 18% nut elevated risk remains – BoG
Nonetheless, it disclosed in its Monetary Policy release that elevated credit risk remains a key concern and requires banks’ strict adherence to the regulatory guidelines aimed at reducing non-performing loans in the industry.
Ghana needs foreign investment to unlock full mineral potential — Chamber of Mines CEO
The Chief Executive Officer of the Ghana Chamber of Mines, Ken Ashigbey, says Ghana will continue to depend on foreign investment and technical expertise to fully exploit its mineral resources. He argues that the scale of Ghana’s mineral wealth is too large to be developed solely by local industry players, making inter...
Adongo defends BoG recapitalisation plan amid growing debate over GH¢93.82bn negative equity
Chairman of Parliament’s Finance Committee, Isaac Adongo, has defended government’s plan to recapitalise the Bank of Ghana (BoG). Bolgatanga Central MP insists that both the Central Bank and the Ministry of Finance are fully committed to restoring the institution’s financial health. His remarks come amid heightened pol...
Ghana pushes for stronger West African blue economy partnership at Liberia fisheries investment conference
Ghana is calling for deeper regional cooperation to unlock the economic potential of West Africa’s marine and freshwater resources. The Minister for Fisheries and Aquaculture Development, Emelia Arthur, appealed to the National Fisheries Investment Conference Liberia 2026 – KPONGAMA, where she urged countries to treat...
Nduom welcomes Court of Appeal ruling restoring GN Savings and Loans licence
The Global Chairman of Groupe Nduom, Dr Paa Kwesi Nduom, has expressed deep relief and gratitude following the Court of Appeal’s unanimous decision to restore the operating licence of GN Savings and Loans Company Limited.
NPP appoints Dr Frank Bannor as finance & economy sector committee spokesperson
Dr Frank Bannor, a Development Economist and Director at the Institute of Economic Research and Public Policy (IERPP), has been appointed as a spokesperson for the Finance and Economy Sector Committee of the New Patriotic Party following the constitution of the party’s Standing and Sector Committees by its National Exe...
Bond market: Turnover rebounds strongly, rising by 319% to GH¢2.34bn
The secondary market activity rebounded strongly during the week, with aggregate turnover rising 319.43% week-on-week to GH¢2.34 billion. This was largely driven by end-of-month portfolio rebalancing. Trading activity remained concentrated in the front-to-belly of the curve, with the 2031-2034 maturities accounting for...