Category: Business

Ghana’s international merchandise trade performance in 2025 showed significant growth, with exports far outpacing imports to deliver a record trade surplus, according to the Ghana Statistical Service (GSS). The 2025 Annual International Merchandise Trade Statistics Report revealed that total trade stood at GH¢654.7 billion (US$52.5 billion). Exports amounted to GH¢401.5 billion (US$32.0 billion), while imports...

 Following President John Dramani Mahama’s directive to cushion consumers through a temporary reduction of GHS2.00 per litre in the regulatory margin on diesel, the Minister of Energy and Green Transition, John Abdulai Jinapor, has met with the National Petroleum Authority (NPA) and key stakeholders to discuss implementation of the measure. Mr. Jinapor explained during the...

 The Ghana Gold Board (GoldBod) has issued a public notice alerting citizens to the circulation of AI-generated videos on social media falsely featuring its Chief Executive Officer, Sammy Gyamfi, Esq. GoldBod cautioned that it will never request money, transfers, fees, or banking/mobile money details through social media platforms, phone calls, or messaging apps. The Authority...

 The Ghana Gold Board (GoldBod) has strongly condemned the circulation of false and misleading publications aimed at distorting its enforcement actions and undermining public confidence in its operations. In a statement issued by its Media Relations Unit, GoldBod urged the public to disregard fabricated claims and rely solely on information disseminated through its official communication...

 The Bank of Ghana has cautioned the public against engaging with unlicensed digital credit service providers operating in the country without authorization. In a notice issued on August 3, 2026, the central bank stressed that such entities violate customer data privacy, consumer protection, and regulatory standards. It warned banks, specialised deposit‑taking institutions (SDIs), and payment...

The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has underscored the indispensable role of resilient pension systems in promoting financial stability and sustainable economic development across Africa. Addressing the Africa Pension Supervisors Association (APSA) Annual Conference in Accra, Dr. Asiama emphasized that stronger collaboration among regulators, enhanced supervisory frameworks, technological resilience, and...

Motorists, transport operators and businesses should prepare for another increase in fuel costs from August 1, as industry projections point to higher petrol, diesel and LPG prices in the first pricing window of the month. The Chamber of Oil Marketing Companies (COMAC) projects petrol prices could increase by about 7.58%, while diesel is expected to...

Parliament has passed a bill amending the Income Tax Act, 2015 (Act 896), introducing significant changes aimed at easing the tax burden on workers and aligning thresholds for small businesses. The amendment revises individual income tax rates, exempts the National Daily Minimum Wage from income tax, and harmonises the presumptive tax turnover threshold with the...

Parliament has adopted the report of the Finance Committee approving the engagement of Principal Consult Limited to develop, implement, and deploy a cross‑border E‑commerce Value Added Tax (VAT) monitoring and collection system for the Ghana Revenue Authority (GRA). Presenting the Committee’s report to the House, Chairman Hon. Isaac Adongo explained that the proposed system is...

 The Food and Drugs Authority (FDA) has taken swift action following a viral video that exposed smoked and salted fish being processed under unhygienic conditions in parts of the country. A rapid response team, working in collaboration with the Tema Metropolitan Assembly and the Ghana Police Service, was dispatched on Monday, July 27, to confiscate...