A defining highlight of Ghana’s high-level Trade and Tourism Mission to Russia (16th–20th February 2026) was the symbolic presentation of Ghana’s indigenous textile, Fugu, by the Chief Executive Officer of the Ghana Tourism Authority, Maame Efua Houadjeto, to the Governor of the Kamchatka region, Vladimir Solodov. The gesture, described as “a cultural statement to power,”...
Category: Business
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President Mahama Praises Trade Minister as KEDA Expands with New Glass Factory in Shama
President John Dramani Mahama has commended the Minister for Trade, Agribusiness, and Industry, Hon. Elizabeth Ofosu-Adjare, for her hard work and sterling performance in advancing Ghana’s industrialisation agenda. The President’s praise came during a series of industrial engagements in Shama on Tuesday, February 24, 2026, which included the sod-cutting ceremony for a new float glass...
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President Mahama Cuts Sod for New Glass Factory in Shama
President John Dramani Mahama has cut sod for the construction of the New Float Glass Manufacturing Company in Shama, describing the project as a significant step in Ghana’s industrial transformation agenda. The ceremony, organised by KEDA (Ghana) Ceramics Company Limited, also featured the inauguration of the fifth phase of the company’s tile production line and...
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Finance Minister Lays Value for Money Office Bill, 2026 Before Parliament
On behalf of President John Dramani Mahama, Finance Minister Cassiel Ato Forson has laid before Parliament the Value for Money Office Bill, 2026, a landmark proposal aimed at tackling inefficiencies in Ghana’s public spending. The Bill seeks to confront long-standing challenges such as inflated contracts, abandoned projects, cost overruns, and waste in the use of...
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GRIDCo Engineers Race to Restore Power After Tema Outage
Parts of Tema were plunged into darkness late Monday night after a fault occurred on a feeder at the Smelter-2 Substation. The Ghana Grid Company Limited (GRIDCo) confirmed that the incident happened at 10:58 p.m. on February 23, disrupting electricity supply to several customers in the industrial city. In a statement issued Tuesday, GRIDCo explained...
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Ghana, Japan Sign US$20m Grant to Boost Health Delivery
Ghana and Japan have signed a US$20 million grant facility aimed at improving health delivery in selected hospitals across the Northern Region. The agreement was formalized at the Ministry of Foreign Affairs, where Ghana’s Foreign Affairs Minister Samuel Okudzeto Ablakwa and Japanese Ambassador to Ghana, H.E. Hiroshi Yoshimoto, signed the exchange of notes. The grant...
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Bank of Ghana Reaffirms Commitment to Stability and Growth
The Bank of Ghana has reiterated its commitment to consolidating macroeconomic gains and strengthening long-term resilience during a high-level engagement with the UK-Ghana Chamber of Commerce at Bank Square. In his opening remarks, Governor Johnson Pandit Asiama highlighted the progress achieved through disciplined monetary policy and regulatory reforms, noting that these measures have contributed to...
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“Macroeconomic Stability Restored” – Finance Ministry Reports Robust 2025 Gains
The Ministry of Finance has announced that Ghana recorded one of its most significant economic turnarounds in history during 2025, with fiscal discipline and structural reforms driving broad-based improvements across key indicators. In a press release issued on Monday, February 23, 2026, the Ministry highlighted that the overall fiscal balance on commitment basis recorded a...
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“We Will Not Allow Customs Regime to Be Exploited” – Finance Minister Warns
Finance Minister Cassiel Ato Forson has directed the Ghana Revenue Authority (GRA) to undertake comprehensive investigations following the interception of eighteen articulated trucks suspected to be involved in a transit diversion scheme. On Wednesday night, the Customs Division of the GRA intercepted the trucks, which had been declared as goods in transit to Niger. Intelligence...
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Mahama Commissions B5 Plus Steel Plant, Hails Boost to 24-Hour Economy
President John Dramani Mahama has officially commissioned a state-of-the-art Steel Ball Mill and Section Mill Manufacturing Plant by B5 Plus Group, describing the investment as a bold step in Ghana’s industrial transformation and a significant boost to the government’s 24-Hour Economy agenda. The new facility, unveiled on Friday, February 20, is set to substantially enhance...