Business
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Presidency cuts political appointees by 124, but compensation bill jumps 148% and staff classifications raise questions
President Mahama had 124 fewer political appointees at the Jubilee House in 2025 than the last publicly available figures from the Akufo-Addo administration in 2023.
Dubai Chamber leads 19 companies on trade mission to Ghana as non-oil trade hits AED39.6bn
The Dubai Chamber of Commerce has organised a series of bilateral business meetings in Accra between companies from Dubai and Ghanaian counterparts, as economic ties between the two markets deepen on the back of strong growth in non-oil trade. The meetings formed part of a trade mission led by the chamber under its “Ne...
Financial sector fraud cases surge to nearly 25,000, exceeds GH¢100 million in value at risk
According to the central bank, the sharp increase was driven almost entirely by fraud in the Payment Service Provider (PSP) sector, reflecting the rapid expansion of digital financial services and the growing sophistication of electronic fraud.
First National Bank introduces its first Private Banking Lounge, redefining Premium Banking in Ghana
The Head of Retail Banking at First National Bank, Akweley Laryea, said the new Gold Coast Lounge is a tangible expression of the bank's promise to its valued clients.
BoG shifts focus to cross-border use of e-cedi digital currency
The Bank of Ghana (BoG) is advancing plans to deploy its digital currency, the e-cedi, for cross-border settlements and wholesale payments following the successful completion of a pilot phase. Governor Johnson Pandit Asiama said the central bank is now focusing on how the digital sovereign currency can facilitate faste...
Accra Brewery calls for postponement of new excise duty increases
Accra Brewery Limited (ABL) has appealed to government to postpone the implementation of the newly approved excise duty increases on locally manufactured beer, calling for further stakeholder consultations to assess the potential impact on businesses, consumers and the wider economy. The call was made by Thatokuhle Hlo...
Nearly 30% of working Ghanaians turn to betting to survive — report
Nearly 30 percent of working Ghanaians are increasingly turning to gambling and betting to cope with daily expenses and debt obligations, despite signs of improving incomes, according to a new report. The Old Mutual Financial Wellness Monitor highlights a mixed picture of cautious economic recovery alongside persistent...
DTI breaks ground on $28m Berekuso Campus to transform skills training in Ghana
The groundbreaking ceremony attracted senior government officials, traditional leaders, industry players, diplomats, and development partners, underscoring the national importance of the initiative. Speaking at the event, the Minister for Youth Development and Empowerment, George Opare Addo, highlighted what he describ...
Finance expert warns Ghana could face deflation amid rapid inflation drop
Associate Professor of Finance, Andrews University, USA, Prof Williams Peprah has cautioned that Ghana could face deflation if the government continues its aggressive approach to reducing inflation.
Mahama to dine with business leaders at 2026 Kwahu Business Forum
Ghanaian business leaders participating in the 2026 edition of the Kwahu Business Forum will be granted the rare privilege of attending an exclusive dinner hosted by President John Dramani Mahama. This session, serving as the climax of the inaugural day of the widely anticipated Kwahu Business Forum, will afford these...
Ghana Gold Board to buy 30% of large-scale miners’ output from July 1 under new agreement
The Ghana Gold Board (GoldBod) will, from July 1, 2026, purchase 30percent of the gold output of all large-scale mining companies in Ghana. This comes after the board reached an agreement with the Ghana Chamber of Mines. Under the arrangement, each large-scale mining company will sell the agreed percentage of its gold...
COMAC threatens to halt Atuabo LPG deliveries over price gap
The Chamber of LPG Marketing Companies (COMAC) has warned the National Petroleum Authority (NPA) and government officials that Liquified Petroleum Gas (LPG) deliveries from Atuabo may be suspended unless urgent action is taken to close a nearly GH¢1.00/kg price gap with Tema-based suppliers. In a letter directed to the...