Business
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Bond market: Turnover declines sharply by 60% to GH¢941.11 million
The secondary bond market activity softened over the week, with aggregate turnover declining sharply by 60.44% week-on-week to GH¢941.11 million. Trading activity was concentrated in the front-to-belly segment of the curve. The 2027–2030 maturities led activity, accounting for 53.33% of total traded volumes at a weight...
Azumah Resources rejects media reports; says Black Volta concessions remain under its management
Azumah Resources Ghana Ltd has dismissed reports that foreign investors have regained control of the Black Volta gold project, insisting no court or arbitration tribunal has ordered the handover of the mine and describing recent media reports as false and misleading. In a press release issued on Thursday (9 July), the...
Sam George pushes $250m AI drive, eyes Accra as Africa’s tech hub ahead of One Vecta Summit
The Minister for Communication, Digital Technology and Innovations, Samuel Nartey George, has held discussions with AlphaVecta Technologies Limited on a strategic partnership ahead of the upcoming One Vecta Summit 2026 scheduled for Accra. The meeting, held with a delegation led by the Chief Executive Officer of AlphaV...
GUTA criticises Deputy Finance Minister over handling of customs AI concerns
The Ghana Union of Traders Association (GUTA) has criticised the conduct of the Deputy Finance Minister, accusing him of showing disrespect during engagements over the controversial customs AI system. GUTA President Clement Boateng said that although traders continue to respect the Minister due to his office, the manne...
IC Insights predicts growth rate of 6.4% for Ghana in 2025
Ghana’s economic rebound gathered pace in quarter one 2026, with growth dynamics suggesting broadening of momentum beyond the extractive sector into firmer consumer spending.
Trade Minister engages rubber industry players on government’s export ban
The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has convened a meeting with stakeholders in the rubber industry to address key challenges affecting the sector, including concerns over raw rubber pricing. The engagement brought together rubber farmers, association representatives, processors,...
Chip giant TSMC pledges another $100bn to expand US production
Taiwanese chipmaker TSMC will invest another $100bn (£74bn) in Arizona as it expands its production in the US, a move the Commerce Department said will create tens of thousands of American jobs.
Fuel prices set to rise despite possible government intervention — Chamber of OMCs
Fuel prices in Ghana are expected to increase from 16 May 2026, even if government extends its current policy aimed at cushioning consumers from rising global crude oil costs. This is according to Dr Riverson Oppong, Chief Executive Officer of the Chamber of Oil Marketing Companies, who outlined two pricing scenarios i...
Government eyes growth after completing fiscal consolidation — Ato Forson
Finance Minister Dr. Cassiel Ato Forson says the government has begun setting aside funds to meet a GH¢54 billion repayment obligation under the Domestic Debt Exchange Programme (DDEP) due next year, as part of efforts to prevent another debt crisis. Speaking during a working visit by Vice President Professor Naana Jan...
Why fuel price cuts won’t translate instantly – ACEP boss explains
Executive Director of the Africa Centre for Energy Policy (ACEP), Ben Boakye, has cautioned that recent interventions to stabilise fuel prices will not immediately translate into relief for consumers. Speaking on PM Express Business Edition on Joy News Thursday, on the sidelines of the IMF Spring Meetings in Washington...
Traders suspend industrial action after meeting over Publican AI system
The Joint Business Forum has announced the suspension of its ongoing industrial action following a high-level meeting with the Ministry of Finance and the Ghana Revenue Authority over concerns surrounding the controversial Publican AI system. The engagement brought together leaders of major trade associations and gover...
Ghana signs landmark PPP with FarmMate to tackle tomato imports
Ghana has taken a decisive step toward achieving tomato self-sufficiency following the signing of a landmark Public-Private Partnership agreement between the Ministry of Food and Agriculture and FarmMate Limited. The agreement establishes a strategic collaboration in which government provides enabling support and coord...