Home Business

Category: Business

Post
BoG Index Signals Strong Economic Momentum as Activity Growth Reaches 14.9%

BoG Index Signals Strong Economic Momentum as Activity Growth Reaches 14.9%

Ghana’s economic activity continued its upward trajectory in 2026, with the Bank of Ghana’s Composite Index of Economic Activity (CIEA) recording real annual growth of 14.9 percent in July, signalling sustained expansion across key sectors of the economy. Data released by the central bank show that the growth rate increased from 12.4 percent in December...

Post
Deputy Finance Minister Courts Private Capital for Ghana’s Climate Investment

Deputy Finance Minister Courts Private Capital for Ghana’s Climate Investment

Deputy Minister for Finance, Thomas Nyarko Ampem, has called for increased mobilisation of private capital to finance Ghana’s climate investment needs, saying public and concessional resources must be strategically deployed to attract more investment into climate-related projects. Speaking at the Green Climate Fund (GCF) Regional Dialogue for West and Central Africa in Accra, he said...

Post
Ghana Wins $393 Million Tullow Tax Arbitration Case

Ghana Wins $393 Million Tullow Tax Arbitration Case

The Government of Ghana has secured a major legal victory after an international arbitral tribunal ruled in its favour in a tax dispute involving oil producer Tullow Ghana Limited. In a statement issued by the Ministry of Finance on Wednesday, September 30, 2026, the tribunal, constituted under the Rules of Arbitration of the International Chamber...

Post
Ghana, Philippines to Strengthen Trade and Investment Ties as Manila Opens Embassy in Accra

Ghana, Philippines to Strengthen Trade and Investment Ties as Manila Opens Embassy in Accra

Ghana and the Philippines have agreed to deepen cooperation in trade and investment, with both countries set to promote stronger business linkages through the organization of business fora and the establishment of a chamber of commerce. The commitment was reached during a meeting between Ghana’s Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, and the Philippines’...

Post
Gold Board Tightens Assay Rules, Warns of Enforcement

Gold Board Tightens Assay Rules, Warns of Enforcement

The Ghana Gold Board (GoldBod) has announced sweeping changes to its assay regime for local gold purchases, effective October 1, 2026, alongside a stern reminder to aggregators and licensed buyers to ensure full compliance with regulatory requirements. In a compliance notice signed by Chief Executive Officer Samuel Gyamfi, Esq., the Board stated that the Water...

Post
Bank of Ghana Clarifies Representation on Gold Board

Bank of Ghana Clarifies Representation on Gold Board

The Bank of Ghana has issued a formal clarification regarding its representation on the Ghana Gold Board (GoldBod), following recent public discussions about the role of its officials on the statutory body. In a statement released by the Communications Department, the Bank confirmed that Governor Dr. Johnson Asiama ceased to serve as a member of...

Post
COCOBOD Announces GH¢2,650 Producer Price for 2026/27 Cocoa Season

COCOBOD Announces GH¢2,650 Producer Price for 2026/27 Cocoa Season

The Ghana Cocoa Board (COCOBOD) has announced a new producer price of GH¢2,650 per 64kg bag of cocoa for the 2026/2027 crop season, effective Friday, September 25, 2026. According to the Board, the new price translates to GH¢42,400 per tonne and represents 71.18 percent of the Realized Gross Free-on-Board (FOB) price for the season. The...

Post
No Rift Between BoG and GoldBod – Governor’s Board Withdrawal Was Only a Delegation, GoldBod Insists

No Rift Between BoG and GoldBod – Governor’s Board Withdrawal Was Only a Delegation, GoldBod Insists

A clarification has been issued to dispel what has been described as a wrong impression making rounds that the Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, “resigned” from the governing Board of the Ghana Gold Board (GoldBod), suggesting a rift between the two institutions or some form of irregularity at GoldBod. According...

Post
German‑Ghanaian Consortium Explores Partnership with GoldBod on Sustainable ASM

German‑Ghanaian Consortium Explores Partnership with GoldBod on Sustainable ASM

 The Ghana Gold Board (GoldBod) has held discussions with representatives of the YEMAYA Science Project consortium to explore collaboration aimed at strengthening responsible and sustainable artisanal and small‑scale mining (ASM) in Ghana. The consortium, comprising TU Bergakademie Freiberg (Germany), the University of Mines and Technology (UMaT), and the University of Environment and Sustainable Development (UESD),...