Category: Business

Rand Refinery, Africa’s leading LBMA-accredited gold refinery, has announced a strategic partnership with Ghana’s Gold Coast Refinery (GCR) to support the Ghana Gold Board (Goldbod) in refining artisanal and small-scale (ASM) gold and elevating responsible sourcing standards across West Africa. The agreement, signed earlier this month, will see Rand Refinery provide technical, operational, and commercial...

 The Ministry of Finance has announced a new directive requiring all cargo imports into Ghana to be insured locally, effective February 1, 2026. The policy, grounded in Section 222 of the Insurance Act, 2021 (Act 1061), is expected to strengthen the domestic insurance industry and retain premium revenues within the national economy. The enforcement will...

A 15-member delegation from the Tanzanian Minerals Commission on Tuesday, January 20, 2026, paid a study visit to the Ghana Gold Board (GoldBod) to gain insights into the entity’s operations and Ghana’s regulatory framework for the precious minerals sector. According to the delegation, the visit was aimed at understanding Ghana’s gold-buying system and regulatory regime...

The Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has credited the recent extension of the African Growth and Opportunity Act (AGOA) to sustained technical, diplomatic, and political engagements spearheaded by her ministry. Her comments follow the decision of the United States Senate to renew AGOA for an additional three years, after the programme lapsed...

 Ghana has recorded a significant decline in multidimensional poverty, according to the latest figures released by the Government Statistician, Dr. Alhassan Iddrisu. The report shows that multidimensional poverty fell from 24.9% in the fourth quarter of 2024 to 23.9% in the first quarter of 2025, and further down to 21.9% by the third quarter of...

 The Ghana Gold Board has signed a historic Gold Refining Agreement with Gold Coast Refinery Company Limited, marking the country’s first-ever local refining arrangement between government and a Ghana-based refinery. Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, described the deal as a decisive step in Ghana’s quest to deepen value addition and...

Ghana and China have deepened their bilateral cooperation with the signing of a US$30 million grant agreement to support the construction of a university in Damongo, Savanna Region. The agreement was formalized during a courtesy call by the outgoing Chinese Ambassador to Ghana, H.E. Tong Defa, on Finance Minister Cassiel Ato Forson earlier today. On...

The Minister for Trade, Agribusiness and Industry, Hon. Elizabeth Ofosu-Adjare, MP, has held discussions with the leadership of the Ghana Standards Authority (GSA) and the Chamber of Cement Manufacturers Ghana (COCMAG) to address emerging issues in the cement industry. The engagement, held on Monday, 19th January 2026, focused on ensuring stability, fairness, and compliance across...

The Ghana Gold Board will on Tuesday, January 20, 2026, formally sign a landmark gold refining agreement with Gold Coast Refinery, in a move aimed at strengthening Ghana’s gold value chain and boosting local refining capacity. The ceremony, scheduled for 10:00 a.m. at the Conference Room, 5th Floor of the Gold Board Head Office in...

Ghana’s economy expanded by 3.8% in October 2025, marking a notable improvement over the 3.0% growth recorded in the same period last year, according to the Ghana Statistical Service (GSS). The figures, released as part of the Monthly Indicator of Economic Growth (MIEG), reflect increased production of goods and services across key sectors. Government Statistician,...