Category: Business

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 […]

Global tensions: A new report suggests the United States may deploy a hypersonic missile in the Middle East for the first time, signalling a potential escalation in efforts to pressure Iran into reaching a diplomatic agreement. The development comes as a key deadline passed for former US President Donald Trump to secure authorisation from Congress […]

A coalition of civil society organisations has formally petitioned the National Petroleum Authority (NPA) to take urgent regulatory action to halt the flow of fuel to illegal mining operations, warning that continued access to diesel is sustaining widespread environmental destruction across Ghana. In a petition dated April 18, 2026, the Coalition Against Galamsey in Ghana […]

Producer inflation: Producer price inflation (PPI) in Ghana recorded a marginal increase in March 2026, rising to 1.5% from 1.4% in February, according to the latest data released by the Ghana Statistical Service (GSS). The slight 0.1 percentage point uptick reflects a modest increase in the cost of goods and services at the factory gate, […]

Reduction in fuel price: The Government of Ghana has announced a reduction in the prices of petrol and diesel, set to take effect from April 16, 2026, as part of measures to cushion consumers against rising global fuel costs. Under the new directive, petrol will see a reduction of GH¢0.36 per litre, while diesel prices […]

The Youth Employment Agency (YEA) has reassured its beneficiaries that efforts are ongoing to complete outstanding allowance payments, urging those yet to receive payment notifications to remain calm as arrears are being processed. In a statement issued by its Corporate Affairs Directorate, the Agency confirmed that the majority of beneficiaries have now received all outstanding […]

Russian Submarines: The UK Ministry of Defence has accused Russia of carrying out a covert submarine operation targeting critical undersea infrastructure in waters north of the United Kingdom, raising fresh concerns about the vulnerability of global communications and energy networks. Speaking at a Downing Street press briefing, John Healey revealed that three Russian submarines were […]

Global oil prices have fallen sharply while stock markets rallied after the United States and Iran agreed to a conditional two-week ceasefire that includes reopening the strategically vital Strait of Hormuz. Benchmark Brent crude oil dropped by more than 15% to below $92 per barrel, with West Texas Intermediate crude following a similar trend, falling […]

Short Term Employment Permits: Guernsey businesses are facing a potential workforce crisis as Short Term Employment Permits (STEP) for many employees approach expiration. Without a temporary extension, employers risk losing staff who have trained over the past three years, leaving businesses scrambling to recruit and retrain replacements. Cafe owner Delphine Pesrin-Auder expressed deep concern for […]

Larry Fink, CEO of global investment giant BlackRock, has called for a societal shift in how we value careers, emphasizing skilled trades like plumbing, electrical work, and welding over traditional office jobs such as law and banking. In an exclusive interview with the BBC, Larry Fink warned that as artificial intelligence (AI) transforms the workplace, […]