Business
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SG Ghana reports strong 2025 performance as profit reaches GH¢397m
Societe Generale (SG) Ghana PLC has reported a strong financial performance for the 2025 financial year, posting a profit after tax of GH¢397 million amid improving macroeconomic conditions and growing investor confidence in the banking sector. The performance was highlighted at the bank’s 46th Annual General Meeting (...
IMF report raises fresh questions over GOLDBOD’s losses – IERPP’s Economist
Economic analyst, Dr. Frank Bannor, has raised fresh questions over the losses associated with Ghana’s gold-purchasing programme, following his review of a 45-page International Monetary Fund (IMF) report. Dr. Bannor said the report deserved closer scrutiny, particularly the disclosure in paragraph 14 on page 10 that G...
CITG urges faster dispute resolution amid Publican AI concerns
The Chartered Institute of Taxation Ghana (CITG) has thrown its weight behind the Ghana Revenue Authority’s deployment of an artificial intelligence-driven tax administration platform, known as Publican Artificial Intelligence (AI), while cautioning that legitimate concerns raised by businesses and taxpayers must be ad...
Emirates expands operations in Ghana with additional weekly flights
Emirates Airlines has announced an expansion of its operations in Ghana with the introduction of four additional weekly services between Dubai and Accra from July 12, 2026. According to the airline, the move reaffirms its long-term commitment to Ghana and supports the country’s growing demand for travel and global conn...
African EV firm Agilitee seeks US capital markets entry to scale green mobility
African electric vehicle manufacturer Agilitee is preparing to enter the United States public markets through a reverse merger, in a move aimed at unlocking capital and accelerating the growth of electric mobility across the continent. The Johannesburg-based firm is pursuing a merger with U.S.-listed Media Sentiment In...
Exchange rate stability a game changer for Ghana’s Economy – Prof. Gyeke-Dako
Economist and lecturer at the University of Ghana Business School, Prof. Agyapomaa Gyeke-Dako, has described the recent stability of Ghana’s exchange rate as a significant turning point for the economy. According to her, the sharp and often unpredictable fluctuations that previously characterised the cedi’s performance...
We inherited a collapsed power sector and $1.5bn debt – Abass Nurudeen
The Chief Executive Officer of the Social Investment Fund, Abass Nurudeen, has accused the opposition New Patriotic Party of leaving behind a struggling energy sector burdened with significant debt. Speaking on Ekosii Sen on Asempa FM, Mr. Nurudeen claimed that the current administration inherited a “collapsed power se...
There is a mismatch between reference rate and inflation – Mark Badu-Aboagye
The Chief Executive Officer of the Ghana National Chamber of Commerce and Industry, Mark Badu-Aboagye, has expressed concern over what he describes as a disconnect between Ghana’s reference rate and prevailing inflation figures.
Recent stability in exchange rate creating a healthy business environment – GUTA
The Vice President of the Ghana Union of Traders Association (GUTA), Joseph Paddy, says recent stability in Ghana’s exchange rate is creating a healthier environment for businesses to plan and grow. Speaking on JoyBusiness Roundtable discussion on the theme “Mahama at 16 Months: Do Economic Narratives Match Real-Sector...
Reading the World Bank Cocoa Forecast Correctly: The floor is already here
Why headlines about a “50% cocoa price drop in 2026” mislead Ghanaian farmers and policymakers. The recent reporting around the World Bank’s April 2026 Commodity Markets Outlook, which projects cocoa prices to fall by more than 50 percent in 2026, has understandably caused anxiety among Ghanaian cocoa farmers, licensed...
Job creation remains weakest link in economic recovery, says Joe Jackson
Youth unemployment remains Ghana’s most pressing economic challenge despite recent signs of macroeconomic stabilisation, economist and CEO of Dalex Finance, Joe Jackson, has said. Speaking at the JoyBusiness Roundtable on April 30, Mr Jackson acknowledged that the country has made notable progress in stabilising key ec...
Macro turnaround clear, but market reality still tough — Finance Ministry
A technical adviser at the Ministry of Finance has defended the Mahama administration's economic record, arguing that the dramatic turnaround in Ghana's macroeconomic indicators is beginning to reach businesses and households, even if many Ghanaians are yet to feel it. Frederick Amissah, speaking at The JoyBusiness Rou...