Category: Business

Global oil and gas prices fell sharply on Tuesday after Donald Trump suggested the ongoing conflict involving Iran might not last long. Oil prices had surged to nearly $120 per barrel on Monday amid fears that the war could severely disrupt energy supplies from the Middle East. However, prices dropped to around $92 after Trump […]

Strait of Hormuz: The US warns Iran against disrupting global oil shipments through the Strait of Hormuz as tensions raise fears of rising energy prices worldwide. US President Donald Trump has issued a strong warning to Iran, cautioning that any attempt to disrupt oil shipments through the Strait of Hormuz would provoke a powerful military […]

China’s exports: Strong global demand for electronics and manufactured goods drives China’s exports, even as shipments to the United States decline. China’s exports surged dramatically in the first two months of the year, highlighting the resilience of the country’s trade sector despite ongoing tensions with the United States. Official data released by the government in […]

President Mahama says Ghana’s economy is stabilising, but cocoa price collapse and Middle East war pose fresh threats. President John Dramani Mahama last Friday delivered a calm yet confidence-boosting assessment of Ghana’s economic direction in the second State of the Nation Address of his second term. After years marked by high inflation, a weakening cedi, […]

Special Prosecutor tells Accra High Court Republic is awaiting immigration and extradition outcomes involving Ken Ofori-Atta and Ernest Darko Akore. The Special Prosecutor, Kissi Agyebeng, has informed the Accra High Court that the Republic of Ghana is awaiting the outcome of two separate proceedings in the United States involving former Finance Minister Ken Ofori-Atta, as […]

The Ghana Cocoa Board (COCOBOD) has strongly denied reports alleging that it provided a GH¢12 million sponsorship package to Ghana’s national football team. In a public notice issued to address the circulating claims, the Board described the allegation as false, misleading, and entirely without factual basis. The report had suggested that COCOBOD donated GH¢12 million […]

New global tariffs introduced by Donald Trump have officially come into force at a 10% rate; lower than the 15% figure the US president suggested over the weekend. According to official documents, the 10% levy began on Tuesday, with no directive issued to raise the rate further. The White House has not yet provided clarification […]

Netflix Boss: The chief executive of Netflix has publicly defended the company’s multi-billion-dollar bid to acquire major assets from Warner Bros. Discovery, arguing that the deal would drive industry growth rather than shrink competition. Speaking to the BBC, Netflix co-CEO Ted Sarandos said the streaming giant’s proposal would expand both its business and the broader […]

Domestic Debt Exchange Programme: The Ministry of Finance has announced that the Government of Ghana has successfully paid GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP), marking a significant milestone in the country’s ongoing debt restructuring efforts. In a press release dated Wednesday, February 18, 2026, the Ministry confirmed that the […]

Cocoa Crisis Deepens: Unsold bags of cocoa beans are stacked nearly to the ceiling inside a warehouse in Duekoue, western Ivory Coast, highlighting the growing crisis facing farmers and cooperatives in the world’s largest cocoa-producing nation. Sekou Dagnogo, who runs a local cooperative in the region, says exporters have been reluctant to purchase cocoa at […]