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GPRTU suspends planned fare increment following fuel price relief
The Ghana Private Road Transport Union (GPRTU) has announced that it is holding off on plans to increase transport fares following government’s intervention to reduce fuel prices. Deputy Public Relations Officer of the Union, Samuel Amoah, said the decision was taken in response to assurances by President John Dramani...
NPA refutes media claims over Auditor-General’s audit findings
The National Petroleum Authority (NPA) has dismissed media reports suggesting that the Auditor-General’s recent Performance Audit Report uncovered corruption, financial misappropriation or revenue losses at the Authority. In a statement issued on Monday, July 20, the NPA said it had taken note of a media publication co...
Transport operators cancel planned fare increase after government intervention
Road transport operators in Ghana have announced a decision not to increase transport fares, citing ongoing government interventions aimed at stabilizing petroleum prices. In a joint press release, the Ghana Private Road Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council (GRTCC) said the groups h...
Finance Ministry credits GH¢350m to flood relief and mitigation accounts
In line with Article 177 of the 1992 Constitution, the Finance Minister first secured parliamentary approval through the Finance Committee for the withdrawal from the Contingency Fund.
Vivo Energy completes acquisition of TotalEnergies Marketing Jordan, introduces Engen brand
The transaction includes TotalEnergies Marketing Jordan's network of about 180 service stations, as well as its commercial fuels and lubricants business.
COCOBOD CEO calls for united African front to increase cocoa value and farmer earnings
The Chief Executive of the Ghana Cocoa Board (COCOBOD), Dr Ransford Abbey, has called on Africa’s leading cocoa-producing countries to unite in boosting local cocoa processing and securing better prices for farmers through collective action. Delivering a goodwill message at the Cocoa Value Addition Summit 2026 in Abuja...
Ghana’s gross reserves plummet to US$12.94bn in June 2026, but trade surplus hits US$8.80bn
According to the July 2026 Summary of Economic and Financial Data by the Bank of Ghana, the country’s reserves stood at $14.15 billion in March 2026, higher than US$13.82 billion in December 2025.
Solvent governments may default if they lack liquidity to repay loans – World Bank
In its June 2026 Global Economic Prospects report, it said liquidity and rollover risks render interest rates more sensitive to additional debt, adding, high inflation is associated with a stronger linkage between spreads and debt, whereas weaker governance increases the estimated sensitivity of domestic-currency bond...
World Bank document shows 27 countries seeking to ensure access to crisis funds
Twenty-seven countries have moved since the Iran war started to put in place crisis instruments that could quickly access funding from existing World Bank programs, according to an internal document viewed by Reuters. The World Bank document did not name the countries or the total amount of funds potentially being so...
Ghana’s new investment law to reduce bureaucracy, strengthen investor confidence – GIPC CEO
Speaking at the 2026 Ghana-European Union Partnership Dialogue in Accra, Mr Madjie said the legislation was designed to improve the ease of doing business and create a more efficient and investor-friendly environment.
Ghana’s leading businesses honoured at 3rd Ghana Outstanding Business Achievement Awards
Ghana’s corporate excellence was celebrated in grand style at the 3rd Edition of the Ghana Outstanding Business Achievement Awards (GOBAA) 2026, held on Friday, June 26, 2026, at the prestigious La Palm Royal Beach Hotel, Accra. Themed “Champions of Industry: Recognising Excellence, Advancing National Prosperity,” the...
GCB Bank strengthens market leadership with record GHS3.2 billion profit in 2025
GCB Bank PLC, Ghana's largest indigenous bank, on Wednesday, March 25, 2026, posted a record Profit Before Tax (PBT) of GHS3.17 billion for the 2025 financial year.