Category: Business

The Food and Beverages Association of Ghana (FABAG) has called for an immediate rollback of the latest utility tariff hikes, warning that pushing through the new rates without addressing long-standing structural failures will only worsen Ghana’s economic challenges. In a statement released on December 8, the Association rejected the Public Utilities Regulatory Commission’s (PURC) decision...

The Ghana Standards Authority (GSA) and the Ghana Gold Board have held a strategic meeting to advance a new national initiative aimed at standardizing and calibrating gold scales across the country. The collaboration is expected to ensure accurate measurement, fair pricing for both miners and buyers, and greater transparency across the gold value chain. Officials...

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...