Business

KEY POINTS As the Ghanaian cedi stabilizes and inflation continues its downward trajectory, hopes of a forthcoming interest rate cut are gaining momentum among banking and economic circles. Speaking at…

KEY POINTS President John Dramani Mahama has unveiled plans for a major road infrastructure development in the Ashanti Region under his administration’s flagship Big Push Initiative. The project, titled the…

KEY POINTS President John Dramani Mahama has announced a sweeping directive to eliminate fuel allowances and fuel allocations for all political appointees, signaling a renewed effort by his administration to…

KEY POINTS Aiteo, one of Africa’s leading energy companies, has signed a major engineering, procurement, and construction (EPC) agreement to develop a 240,000 barrels-per-day refinery in Mozambique. The project is…

Ghana is accelerating local cocoa processing to reach 50 percent, aiming to surpass Côte d’Ivoire’s benchmark within five years

KEY POINTS An Accra High Court has granted bail to Professor Christopher Ameyaw-Akumfi, former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF), in a high-profile case involving alleged misuse…

KEY POINTS The Bank of Ghana (BoG) has opted to maintain its benchmark interest rate at 28% for the third consecutive time, signaling a cautious approach to balancing inflation control…

KEY POINTS The Ghanaian cedi has shown a notable appreciation against the United States dollar, gaining more than 11 percent in value during the first half of May 2025, according…

Dr. Amin Adam warns Ghana that retaliatory tariffs on US imports could hurt the economy and reduce consumer income

KEY POINTS Ghana’s Minister for Foreign Affairs and Regional Integration, Samuel Okudzeto Ablakwa, has announced that Germany is advancing plans for a labor mobility agreement with Ghana, which could open…