April Sees Inflation Fall to 21.2%, Lowest in Eight Months
The rate of inflation declined to 21.2% in April, 2025 – its lowest level in eight months as a stronger cedi has helped curb import-related...
Category : Business News
AngloGold, Gold Fields Put Gold Mine Merger Negotiations on Hold
AngloGold Ashanti PLC and Gold Fields have agreed to pause discussions about a proposed joint venture to combine their Iduapriem and Tarkwa gold mines, two...
Early 2025 Sees GH¢500,000 Lost to Online Blackmail, Sextortion – CSA Alert
Financial losses from online blackmail and sextortion in Ghana have surged to GH¢499,044 in the first four months of 2025, according to data from the...
Ghana’s 2024 Upstream Oil Sector Investment Jumps by 181%
Ghana’s upstream petroleum industry recorded a remarkable 181 percent surge in investment, rising from US$32 million in 2023 to US$90 million in 2024, largely driven...
Edmond Kombat Takes Helm as TOR Managing Director Under Mahama
President John Mahama has elevated Edmond Kombat as the Acting Managing Director of the Tema Oil Refinery (TOR), replacing Dr. Yusif Sulemana. The announcement was...
Fitch Solutions Reaffirms 4.2% Economic Growth Estimate for 2025
Fitch Solutions has reaffirmed its projection that Ghana’s economy will expand by 4.2% in 2025. This estimate slightly exceeds the International Monetary Fund’s forecast of...
Godwin Tamakloe Clarifies: MoMo PINs Inaccessible to Employees
Chief Risk and Compliance Officer of Mobile Money Limited, Godwin Tamakloe, has refuted claims that mobile money service personnel are complicit in the increasing cases...
Ghana’s Gold Stockpile Hits 31.01 Tonnes, Tripled in 24 Months
The Bank of Ghana’s gold reserves climbed to a total of 31.01 tonnes as of March 31, 2025. This reflects a steady build-up strategy aimed...
Ghana’s $3 Billion IMF Initiative Stays on Path, Extension Not Required
Ghana’s $3 billion International Monetary Fund (IMF) loan-supported programme will proceed without extension if the country follows the planned implementation, Mr. Stéphane Roudet, IMF Mission...
Bukari Nikpe: Transport Industry Underperforms on Economic, Social Fronts
Minister for Transport, Joseph Bukari Nikpe, has stressed the need for collaborative efforts among stakeholders to address longstanding challenges in the country’s transport and logistics...