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EBID grieves with the government and people of Ghana

The ECOWAS Bank for Investment and Development (EBID) has expressed its deep sadness over the tragic helicopter crash of Wednesday, August 6, 2025, that...

BoG postpone launch of cedi’s 60th Anniversary after helicopter crash

The Bank of Ghana (BoG) has announced that it has postponed the National launch of the cedi’s 60th Anniversary programme on Friday, August 8. According...

Inflation is falling, the cedi is rising: So why are prices still high?

Ghana is currently experiencing what should be a moment of economic optimism. Inflation has been on a steady decline throughout the first half of...

1D1F was a failure; factories have become white elephants – Deputy Trade Minister [Audio]

Deputy Minister for Trade and Agribusiness, Sampson Ahi, has described the implementation of the One District, One Factory (1D1F) programme under the previous New...

We haven’t cheated cocoa farmers – Deputy Trade Minister defends [Listen]

Deputy Minister for Trade and Agribusiness, Sampson Ahi, has rejected claims that the government has shortchanged cocoa farmers with the newly announced producer price. Speaking...

July 2025 inflation slows marginally to 12.1%

The year-on-year Inflation for July 2025 slowed down to 12.1% from the 13.7% recorded in July 2025. This is the seventh consecutive decline this year...

Lending rates to fall from August 6, 2025 – Ghana Association of Banks CEO

The Chief Executive of the Ghana Association of Banks (GAB), John Awuah, is projecting a reduction in interest rates on loans from August 6,...

What has the gov’t used the dollar for? – John Boadu questions currency stability

Former General Secretary of the New Patriotic Party (NPP), John Boadu, has raised concerns about the government’s management of the economy despite the recent...

Stop making excuses for cocoa price – John Boadu to NDC

Former General Secretary of the New Patriotic Party (NPP), John Boadu, has taken a swipe at the National Democratic Congress (NDC) over what he...

The era of high interest rates cannot be sustained – BoG Governor warns banks

The Bank of Ghana Governor, Dr. Johnson Asiama, has advised commercial banks that to review their business models to ensure that their operations are...

Clara Arthur appointed new CEO of GhIPSS

The Board of the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS), a subsidiary of the Bank of Ghana (BoG), has appointed Mrs. Clara...

Finance Minister decries mismanagement at PBC, charges new Board to restore integrity and viability

The Minister for Finance, Dr. Cassiel Ato Forson, has expressed deep concern over the ongoing mismanagement and corruption at the Produce Buying Company (PBC)...

New cocoa price disappointing, farmers feel betrayed – Dr. Isaac Opoku

Ranking Member of Parliament’s Food and Cocoa Affairs Committee, Dr. Isaac Yaw Opoku, has expressed disappointment over the newly announced cocoa producer price for...

Adwumawura Programme not a cash giveaway – Youth Minister clarifies

Minister for Youth Development and Empowerment, George Opare-Addo, has debunked claims that the government’s new Adwumawura Programme is a cash giveaway scheme. Speaking on Asempa...

COPEC kicks against 20% transport fare hike 

The Chamber of Petroleum Consumers (COPEC) has strongly opposed reported plans to increase commercial transport fares by 20%, warning that such a move would...

First batch of National Apprenticeship Programme beneficiaries to be matriculated next week – Opare-Addo

Minister for Youth Development and Empowerment, George Opare-Addo, has announced that the first cohort of Ghana’s National Apprenticeship Programme will be matriculated on August...

Shoprite set to exit Ghana as it sells off local operations

South Africa’s largest grocery retailer, Shoprite Holdings, has confirmed plans to sell off its operations in Ghana, marking its ongoing strategy to retreat from...

Honour your promise to farmers – Minority demands fair cocoa price

The Minority in Parliament is demanding that the government increase the producer price of cocoa to at least GHS 3,800 per bag, urging authorities...

Gov’t inaugurates five-member Interim Committee to revive Komenda Sugar Factory

The government has inaugurated a five-member Interim Management Committee (IMC) to spearhead efforts to revive the Komenda Sugar Factory, a key but long-dormant industrial...

4 out of 6 members of BoG Monetary Policy Committee voted for a 300 basis points rate cut

Four out of six members of the Monetary Policy Committee of the Bank of Ghana (BoG) have voted for a 3.0% rate cut. This was...

GRTCC confirms 20% increase in public transport fares effective August 8

The Ghana Road Transport Coordinating Council (GRTCC) has announced a 20% increase in public transport fares, effective Friday, August 8, 2025. Speaking to Adom News...

COCOBOD to open upcoming cocoa season earlier than usual – CEO

The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Dr. Ransford Abbey, has announced that the upcoming cocoa season will open earlier than...

Cocoa farmers are not being shortchanged – COCOBOD CEO assures

The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Dr. Ransford Abbey, has assured cocoa farmers that they are receiving a fair price...

COCOBOD failed to submit financials for six quarters – CEO reveals

Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Dr. Ransford Abbey, has disclosed that the institution failed to submit its financial statements to...

COCOBOD no longer in charge of cocoa roads as exposure hits GH¢21bn – CEO

Chief Executive of the Ghana Cocoa Board (COCOBOD), Dr. Ransford Abbey, has revealed that the institution’s financial exposure to cocoa road contracts has reached...

Vehicle prices may drop significantly by 2026 – Automobile Dealers Union

The Automobile Dealers Union of Ghana (ADUG) has expressed optimism about Ghana’s economic outlook, predicting that a significant drop in vehicle prices could be...

Government introduces Tertiary Education Scholarship for cocoa farmers’ children – Finance Minister

The Government of Ghana has announced the introduction of a Tertiary Education Scholarship Scheme for children of cocoa farmers, as part of comprehensive measures...

Government reintroduces Free Fertiliser Programme for cocoa farmers — Ato Forson

The Government of Ghana has reintroduced the Free Cocoa Fertiliser Programme as part of its renewed commitment to support cocoa farmers and increase productivity...

Gov’t announces new cocoa price

Government has announced a new producer price for cocoa for the 2025/2026 crop season, increasing it from US$3,100 to US$5,040 per tonne. The new rate...

24-Hour economy: UK and Ghana deepen strategic partnership with new agreement

Senior UK and Ghanaian government officials convened at the British High Commissioner’s Residence in Accra for the bi-annual UK-Ghana Partnership for Jobs and Economic...

Gov’t raises GH¢5.49bn from Treasury Bills in well-subscribed auction

Government has successfully raised GH¢5.49 billion from its latest Treasury bill auction held on Friday, August 1, 2025, according to results released by the...

Restoring UniBank licence won’t be wrong – Prof. Mensah

A professor of Financial Economics at the University of Ghana Business School, Prof. Laud Mensah, says there is now a credible path to restoring...

June MoMo transactions reach GH¢323bn despite slight decline

The total value of mobile money (MoMo) transactions in Ghana stood at GH¢323.2 billion in June 2025, reflecting a 10.2% decline from the GH¢360...

Gov’t to announce new producer price for cocoa today

Government is expected to announce a new producer price for cocoa for the 2025/2026 crop season today, August 4, 2025. Joy Business understands that the...

Don’t cut your coat just yet – Economist warns gov’t over budget austerity

A professor of Finance and Economics at the University of Ghana has warned government not to celebrate what he calls a superficial display of...

Edem Agbana writes to Agric Minister, demands urgent action on Ohawu Agric College

The Member of Parliament for Ketu North, Eric Edem Agbana, has officially written to the Ministry of Agriculture, demanding urgent government intervention in the...

Entrepreneurs are the lifeblood of Ghana’s progress – Julius Debrah

The Chief of Staff, Julius Debrah, has lauded Ghanaian entrepreneurs for their resilience and critical role in driving national development. His remarks were delivered on...

Receiver was in doubt on UniBank’s total liabilities – Kwame Akuffo

Kwame Akuffo, the official Receiver appointed to manage the assets and liabilities of the collapsed UniBank, has raised concerns about the accuracy of the...

Ghana must intentionally build indigenous agribusiness unicorns – Agri-Impact CEO

Ghana must intentionally develop indigenous agribusiness champions to drive industrialisation, create jobs, and position the country on the global trade map, Dan Fahene Acquaye,...

Agri-Impact and Israeli Embassy host agribusiness innovation forum in Accra

Leading agribusiness firm Agri-Impact Limited, in collaboration with the Embassy of Israel in Ghana, convened an Agribusiness Innovation Forum on Thursday, July 31, 2025,...