Category: Business

 The Ghana Gold Board (GoldBod) has strongly dismissed a series of allegations circulating about its recent procurement activities, describing them as “fabricated claims” and “fake news.” In a detailed statement issued by its Media Relations Officer, Prince Kwame Minkah, the Gold Board addressed accusations ranging from inflated laptop purchases to claims of sole-sourced contracts and...

 Ghana’s Finance Minister, Cassiel Ato Forson, has held high-level talks with Mr. Paschal Donohoe, Managing Director and Chief Knowledge Officer of the World Bank, on the country’s economic transformation and future development agenda. The Minister noted that 2025 was dedicated to resetting the economy and placing it firmly on a path to sustainability. He emphasized...

President John Dramani Mahama on Thursday commissioned a new liquefied petroleum gas (LPG) vessel for Sahara Energy Resources in Ulsan, South Korea, describing it as a significant milestone in Ghana’s energy security and infrastructure development. The vessel, named MT Asharami Ghana, was built for Sahara Energy by HD Hyundai Heavy Industries Limited. Mahama, who is...

 The National Petroleum Authority (NPA) has moved to calm public concerns over fuel availability and pricing, assuring Ghanaians that the country has adequate stocks of petroleum products and that the national fuel supply situation remains stable. In a press release issued on Wednesday, the NPA emphasized that recent developments in global energy markets will not...

The Deputy Minister for Finance, Hon. Thomas Nyarko Ampem, on behalf of the Finance Minister, Hon. Dr. Cassiel Ato Forson, has presented a statement to Parliament addressing the Auditor-General’s special report on arrears and payables as of the end of 2024. Hon. Ampem described the findings as evidence of a “systematic plunder and abuse” of...

 The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, Esq., has welcomed a high-level delegation of the Kimberley Process to Ghana as the country hosts a review visit under the Kimberley Process Certification Scheme (KPCS) from March 9 to March 12, 2026. Addressing the delegation in Accra, Mr. Gyamfi reaffirmed Ghana’s commitment...

Ghana Link Network Services Ltd., operators of the Integrated Customs Management System (ICUMS), has strongly denied allegations that the platform is responsible for recent fuel supply disruptions across the country. In a statement issued on March 9, 2026, the company described as “false, misleading, and wholly without basis” claims attributed to Star Oil that ICUMS...

 Motorists across Ghana are facing fuel shortages as two major Oil Marketing Companies, GOIL PLC and Star Oil, have announced disruptions in supply linked to technical difficulties with the Integrated Customs Management System (ICUMS). In separate public notices, both companies explained that the ICUMS platform—used to process tax liabilities and documentation for lifting petroleum products—has...

The Government of Ghana has signed a landmark debt restructuring agreement with the Kingdom of Belgium, marking another significant step in the country’s ongoing economic recovery. The agreement was formally signed by Finance Minister Cassiel Ato Forson on behalf of Ghana. This latest accord represents the eighth agreement Ghana has concluded with countries under the...

Established on 4 March 1957, the Bank of Ghana has stood as a cornerstone of the nation’s economic and financial journey, shaping policy and guiding stability through nearly seven decades of service. Since its inception, the central bank has been led by 16 distinguished Governors, each contributing to its mission of formulating and implementing monetary...