Category: Business

The Government of Ghana has welcomed the decision by the United States Administration to rescind the 15 percent tariffs previously imposed on Ghana’s cocoa and selected agricultural products. In a Facebook announcement, Minister for foreign affairs, Mr. Samuel Okudzeto Ablakwa, disclosed that Washington has officially communicated the tariff reversal to Accra. He noted that the...

Deloitte Ghana has commended the government’s decision to implement a debt reprofiling and buyback programme, describing it as a well-considered response to the challenges posed by costly debt obligations and uneven repayment schedules. The firm advised that to maximise the impact, authorities should focus buybacks on the most expensive and volatile debt instruments, particularly those...

 Minister for Food and Agriculture, Hon. Eric Opoku, has announced that Ghana has secured $81.92 million from the World Bank under the Food Systems Resilience Program (FSRP) to support farmers affected by drought. Speaking in Parliament in response to a question posed by Keta MP Kwame Dzudzorli Gakpey, Mr. Opoku explained that the funds are...

The Chief Executive Officer of the Ghana Gold Board delivered a stirring address at the Kimberley Process Ministerial Meeting in Dubai, urging delegates to embrace reform and renewal in the global diamond trade. Speaking on behalf of the Republic of Ghana, the CEO commended the United Arab Emirates for hosting the conference and reflected on...

Ghana’s economy expanded by 5.1% in August 2025, according to preliminary figures from the Monthly Indicator of Economic Growth (MIEG) released by the Ghana Statistical Service (GSS). This marks a slight improvement over the 4.9% growth recorded in August 2024. The GSS attributed the August 2025 performance largely to the Services sector, which surged by...

 GoldBod Jewellery Limited has unveiled its ambitious vision to position Ghana as a global leader in gold value addition, following a high-profile visit to business mogul Richard Nii Armah Quaye (RNAQ). The Managing Director of GoldBod Jewellery Ltd, Gertrude Emefa Donkor, Esq., led the delegation, accompanied by celebrated brand ambassadors Mr. Bola Ray and Ms....

Former President John Dramani Mahama injected humour into the Cedi@60 anniversary celebration as he playfully teased Ghanaians who often lament receiving fewer cedis when exchanging foreign currency. Speaking at the event on Tuesday, November 17, themed “Sovereignty, Stability, and Economic Resilience,” President Mahama recalled past travel experiences where members of his entourage would anxiously calculate...

Governor of the Bank of Ghana, Dr. Johnson Asiama, has appealed to citizens to view the protection and stability of the cedi as a shared responsibility, stressing that no single institution can secure the currency on its own. He made the appeal at the Cedi @ 60 Conference in Accra, where policymakers, economists, and business...

 Jake Kudjo Samahar, Director of Special Services at COCOBOD, has disclosed that Ghana lost 7,128.13 tonnes of cocoa to smuggling between the 2020 and 2025 crop seasons in the Volta and Oti regions. He explained that cocoa output in these areas has seen a sharp decline over the years. “The tonnage recorded for 2020/21 crop...

Ghana’s renewed push for economic diplomacy has received a significant boost following a high-level meeting between Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, and Sheikh Mansour bin Jabor bin Jassim Al Thani, Chairman of Al Mansour Holdings, during an official visit to Qatar. Sheikh Mansour, a prominent investment mogul and member of the Qatari royal...