The National Petroleum Authority (NPA) has increased the price floor for the second “Pricing Window” from September 16. Market data collected by JOYBUSINESS showed that the price floor for petrol has been raised from GH¢ 14.53 to GH¢ 16.00 per…
Ghana risks losing portions of its import trade to competing ports in the sub-region if urgent measures are not taken to resolve persistent congestion and delays at its ports, the Importers and Exporters Association of Ghana (IEAG) has warned. The…
Kaaseman Community Bank PLC plans to strengthen its capital base through bonus shares, dividend reinvestment and other measures as it prepares to meet a new minimum capital requirement for community banks in Ghana. The bank’s board has proposed using a…
Zoomlion Ghana Limited has reaffirmed its preparedness to deploy the necessary personnel and logistics to help mitigate public health risks arising from the recent floods in the Volta Region. The Volta Regional Manager of the company, Mr Emmanuel Amemakalor, gave…
Ghana and Côte d’Ivoire’s export sectors face heightened risks, as the October-December cocoa crop development period coincides closely with the expected peak in El Niño conditions, Fitch Solutions has revealed. According to the UK-based firm, lower rainfall and higher temperatures…
Ten State-Owned Enterprises (SOEs) collectively recorded a net loss of GH¢8.8 billion in 2024, about 1.0% of Gross Domestic Product (GDP). This constituted over 90% of total SOE net losses. The SOEs were Electricity Company of Ghana, Volta River Authority,…
By Eugene Davis Ghana’s economy grew by a provisional 6.0 per cent year-on-year in the second quarter of 2026, including oil and gas, according to the Ghana Statistical Service (GSS). The latest growth rate marks a moderation from the 6.6…
Illegal mining, or galamsey, is responsible for about a quarter of fibre-optic cable cuts recorded across Ghana, according to Samuel Nartey George, the Minister for Communication, Digital Technology and Innovations. The disclosure highlights an increasingly overlooked cost of illegal mining:…
The Ghana Revenue Authority (GRA) has moved to clarify the Customs treatment of mobile phones and other personal effects carried into the country by travellers, stressing that carrying more than two phones does not automatically trigger a Customs duty charge.…
Growth demonstrated that a business was creating value; it did not, on its own, give lenders and investors sufficient confidence to commit capital. A bankable business is, therefore, one that is ready to attract funding, with credible financial records, the…