Business
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Minority accuses NDC of hiding BoG’s true financial crisis amidst claims of GH¢44bn loss
The Minority caucus in Parliament has sharply criticised the Bank of Ghana following the release of its 2025 audited financial statements, accusing the central bank of concealing its true financial position and warning that it is facing what they describe as “policy insolvency.” Addressing a press conference in Parliam...
Call off strike in interest of Ghanaians — Tema Central MP Appeals to GUTA
Member of Parliament for Tema Central, Charles Forson, has appealed to the Ghana Union of Traders’ Associations (GUTA) and other trading groups to reconsider their ongoing strike action. Speaking on Adom FM’s Dwaso Nsem, he urged the associations to listen to public concerns and place a temporary pause on the strike. A...
BoG appeals court ruling on GN Savings and Loans license restoration
The Bank of Ghana has filed an appeal at the Supreme Court seeking to challenge the Court of Appeal ruling on the restoration of the GN Savings and Loans license. According to an application filed at the Supreme Court and seen by JOY BUSINESS, the Bank of Ghana is asking the highest court of the […]
Malta High Commissioner commends GIU as institution attains university status
The Malta High Commissioner to Ghana, Ronald Micallef, has commended the past and current leadership of the Ghana Insurance University College (GIU) following its attainment of university status. “Nineteen years is not merely a measure of time. It represents nearly two decades of commitment to knowledge, professional e...
MTN Ghana targets 5G rollout with new $1.1Bn investment
MTN Ghana says it plans to invest $1.1 billion over the next three years to expand its telecommunications network, roll out 5G technology and strengthen its mobile money and digital services as part of its 30th anniversary celebrations. The investment will focus on network expansion, improved service quality and new di...
4,000 applicants, 23 selected as Elevate Africa unveils new fellowship class
Speaking on the development, the Media and Communications Officer of Elevate Africa, Blessing Collins Igrubia, said the emergence of Cohort II reflects the organisation’s commitment to nurturing leaders who are intentional about driving measurable impact.
Director-General’s salary not doubled — NLA refutes circulating claims, threatens lawsuit
Management of the National Lottery Authority (NLA) has strongly refuted claims that its Director-General, Alhaji Mohammed Abdul-Salam, reduced staff salaries or unlawfully increased his own earnings. In a press statement, the Authority described the allegations as false and damaging, stating: “The information circulati...
Gideon Boako alleges insider trading in sale of Ghana’s gold reserves
The Member of Parliament for Tano North, Gideon Boako, has alleged possible insider trading in the sale of 18 tonnes of Ghana’s gold reserves and is calling for a thorough investigation into the transaction. Speaking in an interview on Ekosii Sen on Asempa FM, he questioned the rationale behind the government’s decisio...
Republic Bank Ghana PLC leverages Kwahu Business Forum deliberations
Following the highly successful three-day Kwahu Business Forum, Republic Bank (Ghana) PLC has reaffirmed its commitment to supporting the growth and transformation of Ghanaian enterprises following its participation as a proud sponsor and key contributor to the forum, held under the theme “The Future of Business: Scali...
DVLA clarifies Toyota Voxy commercial use is owners responsibility
The Driver and Vehicle Licensing Authority (DVLA) has emphasised that the responsibility for the commercial deployment of Toyota Voxy vehicles lies entirely with owners, not the Authority. Addressing concerns over the registration of Toyota Voxy vans for long-distance commercial transport, an operation deemed illegal.....
Calls for practical, collective leadership on food security intensify ahead of 34th FAO Regional Conference
The Food and Agriculture Organization is raising concerns about effects of global shocks on African economies including trade disruptions and its rising impact on the cost of fertilizer, fuel and freight. According to the Organization, conflict displaces farmers from their land causing real and intensifying problems wh...
Ghana’s reference rate drops sharply to 11.71%; major interest rate cuts expected
Ghana’s Reference Rate (GRR), the key benchmark used by commercial banks to price loans, has dropped sharply to 11.71% for March, down from 14.58% in February. The decline marks one of the most significant reductions in recent times in the benchmark used to determine the cost of credit. JOYBUSINESS understands that the...