Category: Business

Stanley Martey, Communications Manager at the Ghana Water Company Limited (GWCL), has assured Ghanaians that the utility will continue to provide efficient water services despite the upcoming tariff increases. Speaking to JoyNews, he said, “It will be a bit difficult, but we’ve managed the system the same way over all this period. So, we hope...

The Public Utilities Regulatory Commission (PURC) has confirmed upward revisions to electricity and water tariffs following the conclusion of its 2026–2030 Multi-Year Tariff Review (MYTO). The new charges will come into effect on January 1, 2026. In a statement, the Commission explained that the decision was reached after months of investment hearings, stakeholder engagements, and...

GoldBod Chief Executive Officer, Sammy Gyamfi, Esq., has been conferred with the prestigious Suma Adinkra Sword by the Suma Traditional Council, marking a historic recognition of his leadership and contributions to Ghana’s mining sector. The ceremony, presided over by Paramount Chief Odeneho Dr. Affram Brempong III, celebrated Gyamfi’s outstanding stewardship at the Ghana Gold Board,...

The cost of petroleum products is projected to rise modestly at fuel stations starting today, December 1. This forecast was highlighted in the latest outlook report from the Chamber of Oil Marketing Companies (COMAC), which serves as a guide for pricing decisions by oil marketing firms . Petrol: Prices are expected to climb between 1.97%...

GoldBod Jewellery Limited has launched Ghana’s first-ever 24-hour digital gold showroom, opening up instant global access to the nation’s finest handcrafted jewellery and investment-grade gold tablets. The new e-commerce platform, jewellery.goldbod.gov.gh, was unveiled by Managing Director, Getrude Emefa Donkor, who described the initiative as a bold step toward ending Ghana’s long-standing reliance on exporting raw...

Finance Minister Dr. Cassiel Ato Forson has praised the Bank of Ghana’s latest monetary policy decision, describing it as a major step forward in the country’s economic rebound. The commendation follows the central bank’s move to lower the policy rate to 18 percent — its lowest point since March 2022. According to Dr. Forson, the...

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has announced a sharp cut in the policy rate, lowering it by 350 basis points to 18 percent from the previous 21.5 percent. The decision followed the conclusion of the committee’s 127th meeting held on November 25, 2025. At a press briefing at the...

Ghana’s public debt increased by GhC71.6 billion in the third quarter of 2025, pushing the total debt stock to GhC684.6 billion as of September. The Bank of Ghana’s November 2025 Summary of Economic and Financial Data indicates that despite this quarterly rise, the country continues to record notable progress in cutting its overall debt burden...

The 127th Monetary Policy Committee (MPC) meeting commenced today at Bank Square, with Governor Dr. Johnson Asiama outlining the priorities that will shape deliberations over the next three days. Addressing the opening session, Dr. Asiama emphasized three key areas guiding the Committee’s work: Managing the pace of disinflation and real interest rates Strengthening foreign exchange...