Category: Business

Finance Minister Dr Cassiel Ato Forson has announced that five major statutory funds in Ghana have received their third-quarter allocations for 2026 in full and on time. The funds support key sectors, including education, healthcare, road maintenance and local development. Finance Minister Dr Cassiel Ato Forson says the government has fulfilled its third-quarter 2026 payment […]

Finance Minister Dr Cassiel Ato Forson has announced that the government has paid GH¢24.8 billion into various statutory funds since January 2026, insisting that the releases have been made on time and in full. The payments are intended to support education, healthcare, road maintenance, local government administration and other essential public services across Ghana. The […]

India Stock: India’s economy continues to expand at a pace that many countries would envy, yet its stock market is telling a very different story. The world’s fastest-growing major economy is expanding at more than 7%, despite energy shocks, higher global interest rates, trade uncertainty and weather-related disruptions. But Indian equities have become one of […]

Africa’s industrial expansion is gaining another major infrastructure boost after Nigerian billionaire Aliko Dangote announced plans to help finance a $660 million fuel pipeline linking Ethiopia and Djibouti. The major energy project is expected to improve the movement of petroleum products into landlocked Ethiopia, reduce transportation times and strengthen the country’s fuel supply chain. The […]

Ghana Income Tax: Ghana’s Income Tax (Amendment) Act, 2026 (Act 1178) introduces changes that affect both individual taxpayers and small businesses. The amendment increases the amount of income residents can earn before personal income tax becomes payable and expands the turnover ceiling for businesses that can use the simplified presumptive tax system. For individual taxpayers, […]

The Bank of Ghana (BoG) has decided to maintain the country’s monetary policy rate at 14%, marking the third consecutive time the central bank has kept the benchmark rate unchanged. The decision was announced by Bank of Ghana Governor Dr Johnson Pandit Asiama on Thursday, September 24, 2026, during the 132nd Monetary Policy Committee (MPC) […]

The Government of Ghana is in negotiations with Befesa Desalination Developments Ghana Limited to purchase the Teshie Desalination Plant at a significantly reduced price, in an effort to resolve the long-running dispute surrounding the facility and avoid paying a reported $235 million arbitration award. The development was disclosed by the Office of the Attorney-General and […]

African business mogul Aliko Dangote has praised President John Dramani Mahama for what he described as a notable improvement in Ghana’s economic situation since the beginning of the current administration. Dangote, one of Africa’s most prominent business figures, said the developments in Ghana demonstrate the important role that confidence and trust can play in economic […]

IMANI Africa has called for major changes in Ghana’s approach to combating cocaine trafficking, arguing that the country’s drug problem should be addressed as an organised-crime and security challenge rather than being reduced to partisan politics. The policy think tank says Ghana has increasingly become an important transit corridor for cocaine trafficking, with criminal networks […]

Court of Appeal restores the licence of GN Savings and Loans after ruling that the revocation was unfair and unreasonable, ordering the receiver to hand over company assets and operations to shareholders. In a landmark ruling that could reshape Ghana’s financial sector clean-up debate, the Court of Appeal has unanimously overturned an earlier High Court […]