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Volivo Bridge, Kumasi Ring Road set to take off as JICA secures fresh funding
Ghana is set to advance two key infrastructure projects, the Volivo Bridge and the Kumasi Inner Ring Road, following renewed engagement with the Japan International Cooperation Agency (JICA) at the ongoing IMF/World Bank Spring Meetings.
Some OMCs begin fuel price cuts in line with NPA floor
Some Oil Marketing Companies (OMCs) have begun reducing fuel prices across the market, with leading players GOIL and Star Oil lowering their pump prices. Data gathered by JoyBusiness shows that the two companies are now selling petrol at GH¢13.27 per litre, while diesel is going for GH¢16.10 per litre. GOIL, in a socia...
Delays in investor approval deepen hardship at Akosombo Industrial Company Ltd as workers await revival deal
Workers of Akosombo Industrial Company Limited (AICL), formerly Akosombo Textiles Limited (ATL), say prolonged delays in government approval of a prospective investor takeover are worsening the company’s financial and operational crisis. The workers, through their union leadership, have expressed frustration over what...
GoldBod records GH¢5.4 billion surplus for 2025
The Ghana Gold Board (GoldBod) posted strong financial performance for 2025, recording total revenue of GH¢5.55 billion and an operational surplus of GH¢909.71 million.
Ghana’s real estate market boosted with launch of Prime Accra
Speaking on the state of the sector, Belo Cida Haruna, Commercial Director of Kasa Properties, noted that “the lack of long-term housing policies, high construction costs, and financing hurdles continue to limit access to affordable housing for many Ghanaians.”
GACL rebuts claims on Terminal 2, defends repurposing decision
The Ghana Airports Company Limited has responded to concerns raised in a recent opinion article questioning the future of Terminal 2 at the Kotoka International Airport, describing claims that the facility is obsolete as “false, misleading and misconceived.” In a statement, the company acknowledged public interest in a...
OMCs begin fuel price cuts as Star Oil and Goil sell petrol at GH¢13.25
Industry giants have moved to cut the prices of petrol and diesel in line with the price floor announced by the National Petroleum Authority last week.
Ivory Coast or Ghana: who really has the best performing economy?
For more than a decade, Côte d'Ivoire has recorded strong GDP growth, generally between 6% and 7% per year, making it one of the most successful economies in the world. Ghana also shows solid growth, around 5% to 6% in the last two years, but this is more volatile. After registering a strong expansion in the 2010s - up...
Meet us halfway – Trade Minister tasks private sector with AfCFTA success
The Minister of Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has called on the Ghanaian private sector, insisting that the ambitious goals of the African Continental Free Trade Area (AfCFTA) will only be realised if businesses step up their investment in modern technology and governance.
Buy wrong gold, face prosecution – Gold Board CEO cracks down on rogue dealers
Chief Executive Officer of the Gold Board, Sammy Gyamfi, has warned that individuals and firms buying gold outside approved channels risk prosecution as authorities tighten oversight of the sector. Speaking on Joy News’ PM Express Business Edition recently, he said the Board is enforcing strict controls to ensure respo...
Post-IMF era could test Ghana’s economic gains – AGI Chief warns
Ghana’s recent economic stability and growing investor confidence may come under pressure once the country exits its programme with the International Monetary Fund (IMF), the Association of Ghana Industries (AGI) has cautioned. While acknowledging improvements in fiscal management and renewed market optimism, concerns...
Analysis: Why the Bank of Ghana sold half its gold reserves
Somewhere between November and December 2025, the Bank of Ghana decided to sell roughly half of its gold reserves. At the last reporting before the sale in October 2025, the bank’s gold holdings stood at 38.04 tonnes. The next reporting in December 2025 showed that holdings had dropped to 18.6 tonnes. That represents a...