Business
Stories in this category
Fuel prices likely to remain stable despite global decline – COPEC
The Chamber of Petroleum Consumers (COPEC) has indicated that fuel prices are more likely to remain stable than record a significant reduction in the next pricing window, despite recent declines in global fuel prices. Executive Secretary of COPEC, Duncan Amoah, said while international crude oil prices have fallen in r...
Annoh-Dompreh leads Minority MPs to Offinso Traditional Council ahead of Ashanti Cocoa Farmers Tour
Minority Members of Parliament, led by the Minority Chief Whip and MP for Nsawam-Adoagyiri, Frank Annoh-Dompreh, on Sunday paid a courtesy call on the Offinsomanhene, Nana Dwamena Akenten II, and the Queenmother, Nana Adwoa Afranewaa III, during the Akwasidae celebration in Offinso, Ashanti Region. The visit was intend...
President Mahama engages CEO network Ghana on private sector growth and economic transformation
President John Dramani Mahama has reaffirmed his government’s commitment to creating a conducive environment for private sector growth, job creation, and sustainable economic transformation.
New airport infrastructure tax – a costly own goal that ground Ghana’s aviation ambitions
The government’s rationale is clear enough, since Ghana requires sustained investment in airport infrastructure to support growth, improve connectivity, and position itself as a regional hub. However, the question is not whether to invest, but whether imposing such heavy upfront costs on passengers is the right way to...
Youth in Energy Ambassador Tydon Dadzie crowned “Young Energy Innovator of the Year” at AETC 2026
The 2026 Africa Energy Technology Conference (AETC) at the Labadi Beach Hotel reached a crescendo this past week as Tydon Dadzie, the renowned Youth in Energy Ambassador, was awarded the prestigious title of Young Energy Innovator of the Year. The award recognises Dadzie’s relentless commitment to driving sustainable e...
Nduom reacts to Supreme Court suspension of GN Savings and Loans ruling
Businessman and founder of Groupe Nduom, Dr Papa Kwesi Nduom, has reacted to the Supreme Court’s decision to suspend the Court of Appeal judgment that had paved the way for GN Savings and Loans to resume operations. In a brief Facebook post on Thursday, July 16, Dr Nduom wrote: “It takes huge ‘akokodur’ [courage] to […...
Government outlines reforms to transform fisheries sector through Blue Economy
The Ministry of Fisheries and Aquaculture has announced a series of reforms aimed at transforming Ghana’s fisheries sector through stronger regulation, sustainable resource management and increased investment in the Blue Economy. The reforms were outlined during the Ministry’s Mid-Year Media Engagement held on Wednesda...
Bank of Ghana orders financial institutions to stop supporting unauthorised USD wallet services
The Bank of Ghana (BoG) has directed banks, payment service providers and other regulated financial institutions to immediately cease supporting unauthorised foreign currency wallet services, particularly United States Dollar (USD) wallets offered by some cryptocurrency platforms operating in Ghana. In a supervisory di...
China’s producer inflation jumps to 4-year high, squeezing manufacturers
China's producer price inflation surged to its highest level in four years in June, piling pressure on manufacturers' profit margins as weak domestic demand limits their pricing power.
Savings and Loans industry records GH¢515.32m profit in 2025, NPLs decrease to 11.8%
The Savings and Loans sector recorded a profit of GH¢515.32 million in 2025, compared to GH¢141.57 million in the previous year. According to the 2025 Bank of Ghana Annual Report and Financial Statement, the sub-sector recorded Capital Adequacy Ration (CAR) of 3.5% at in December 2025, increasing from -0.6% at the end...
Community banking has transformed financial inclusion in Ghana over five decades – BoG Governor
The Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has described Ghana's community banking model as one of the country's most successful financial inclusion initiatives, saying it has brought millions of previously excluded Ghanaians into the formal financial system and contributed significantly to pove...
GhIPSS pays GH¢14.58m dividend to BoG for 2025
The Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) has formally presented its 2025 dividend of GH¢14.58 million to the Bank of Ghana, its sole shareholder. The presentation ceremony, held at The Bank Square, follows the successful conclusion of GhIPSS’ Annual General Meeting. Welcoming the Board and Ma...