Category: Business

 Ghana’s debt risk classification has officially been lowered from high to moderate, marking the country’s first improvement in more than a decade. The announcement, made by the Ministry of Finance, signals a significant step in efforts to stabilize the economy and restore investor confidence. A visual released by the Ministry highlighted the shift, showing a...

Ghana is spending at least US$168 million annually on fresh and processed tomato imports, while a disease outbreak has pushed the country’s dependence on imported ginger beyond 99 percent. The figures, presented by researchers at the Council for Scientific and Industrial Research (CSIR), highlight the scale of Ghana’s import dependence in two key horticultural commodities...

 The Minister for Trade, Agribusiness and Industry, Hon. Elizabeth Ofosu‑Adjare, has commended Focus Electronic Company Limited for its contribution to job creation, workers’ welfare and the production of quality Made‑in‑Ghana products. During a visit to the company on Monday, August 10, 2026, Hon. Ofosu‑Adjare inspected operations and engaged with management and workers. She expressed satisfaction...

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, Esq, has underscored the transformative role of artisanal and small‑scale mining (ASM) in stabilizing Ghana’s economy and strengthening the local currency. Speaking on the Board’s performance, Mr. Gyamfi revealed that ASM gold alone generated over US$10.8 billion in foreign exchange earnings, enabling the...

 The Minister for Lands and Natural Resources, Hon. Emmanuel Armah‑Kofi Buah, has upheld the revocation of the Akango, Salman and Nkroful mining leases of Adamus Resources Ltd, confirming that the decision takes immediate effect. It will be recalled that on April 26, 2026, the Minister revoked the company’s leases after investigations established breaches of Ghana’s...

 Ghana generated an estimated US$4.34 billion from 1.3 million international tourist arrivals in 2025, as the tourism, culture and creative arts sector recorded growth across several key areas, according to Minister for Tourism, Culture and Creative Arts, Hon. Dzifa Abla Gomashie. Speaking at the Government Accountability Series on Monday, the Minister outlined developments and achievements...

 Minister for Finance, Dr. Cassiel Ato Forson, has announced that government has paid GH¢877 million to sustain the Ghana School Feeding Programme, ensuring that children across the country continue to receive a hot meal every school day. The initiative, one of government’s flagship social protection programmes, is aimed at improving school enrolment, attendance, and retention...

Ghana’s inflation rate slowed to 4.6 percent in July, marking the first decline after three consecutive monthly increases and signaling renewed relief for households and businesses facing rising costs. Data released by the Ghana Statistical Service (GSS) show headline inflation fell by 0.7 percentage points, down from 5.3 percent in June. The moderation suggests that...

 The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, today opened the Bank of Ghana–Chartered Institute of Restructuring and Insolvency Practitioners (CIRIP) Ghana Forum on Non-Performing Loans and Post-Commencement Financing at Bank Square. Addressing participants, Dr. Asiama underscored the importance of a disciplined business rescue framework that supports viable enterprises while safeguarding overall...

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...