Category: Business

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 […]

Cocoa Price: The Government of Ghana has announced a downward revision of the cocoa producer price for the remainder of the 2025/2026 crop season, reducing it from GH¢3,625 to GH¢2,587 per bag. The decision, disclosed by the Minister for Finance, Dr. Cassiel Ato Forson, during an emergency press briefing on Thursday, February 12, 2026, comes […]

Ghanaian Passport Gains Power: Holders of the Ghanaian passport can now travel to approximately 50 countries without requiring a visa, marking a significant milestone in the country’s diplomatic and international mobility efforts. The announcement was made by Ghana’s Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, on the sidelines of the African Union (AU) Summit held […]

The Government of Ghana has announced a significant reduction in the cocoa producer price for the remainder of the 2025/2026 crop season, lowering it from GH¢3,625 to GH¢2,587 per bag. The announcement was made by the Minister for Finance, Dr. Cassiel Ato Forson, during an emergency press briefing on Thursday, February 12, 2026, following a […]