The National Petroleum Authority (NPA) has allayed concerns over a possible fuel shortage, assuring consumers that the country has adequate petroleum stocks despite ongoing tensions in the Middle East. Director of Economic Regulation and Planning at the National Petroleum Authority (NPA), Abass Ibrahim Tasunti, in an interview with Citi Business News, downplayed concerns that the...
Category: Business
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Fuel Prices To Increase Marginally From March 1, Driven By Crude Price surge
Prices of petroleum products are set to increase marginally from March 1, 2026. That is according to the latest outlook report by the Chamber of Oil Marketing Companies (COMAC), which guides pricing decisions for oil marketing companies and was seen by Joy Business. This marks the third time since January this year that fuel prices...
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Blue Ventures Strengthens Ties with Fisheries Ministry on Sustainable Management
An international marine conservation organisation, Blue Ventures, has paid a courtesy call on the Minister for Fisheries and Aquaculture, Hon. Emelia Arthur, as part of its ongoing mission to deepen collaboration on sustainable fisheries management in Ghana. The meeting, held at the Ministry, provided an opportunity for Blue Ventures to outline its objectives, share updates...
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Makola No. 2 traders protest against high Rents and new 20% VAT
Hundreds of traders at Makola No. 2 Market in Accra on Thursday, February 26, staged a protest against what they describe as steep rent increments and a newly imposed 20 per cent VAT, warning that the situation is becoming unsustainable. Speaking to JoyNews, a market leader, Anthony Kyei Baafi, said the traders are struggling under...
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Ghana Unveils Bold Reserve Accumulation Policy to Safeguard Economy
Ghana’s Finance Minister, Cassiel Ato Forson, has outlined a comprehensive risk management framework under the newly approved Ghana Accelerated National Reserve Accumulation Policy (GANRAP), describing it as a historic step toward securing the nation’s economic future. Speaking in Parliament, the Minister emphasized that the government will adopt a proactive approach to managing risks associated with...
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Ghana Charts Path to Economic Resilience with New Reserve Policy
Ghana’s government has announced a bold new policy aimed at strengthening the nation’s economic resilience, following what officials describe as a decisive turnaround in macroeconomic performance over the past year. Presenting the statement before Parliament, the Minister highlighted that Ghana’s economy rebounded strongly in 2025 after the turbulence of the 2022–2023 crisis. Key indicators underscored...
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GRA Interdicts Five Customs Officers Over Transit Cargo Breach
The Ghana Revenue Authority (GRA) has interdicted five officers of its Customs Division pending the outcome of an internal investigation into alleged breaches of transit procedures. The decision follows preliminary findings from an enforcement operation conducted on February 18, 2026, involving a consignment of transit cargo declared for onward movement to Niger. The operation revealed...
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A Cultural Statement to Power” — Ghana Showcases Fugu in Russia
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,”...
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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...