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Deputy Energy minister backs nuclear power for Ghana’s future

Deputy Energy minister backs nuclear power for Ghana’s future

The Deputy Minister for Energy and Green Transition, Richard Gyan-Mensah (MP), has thrown his weight behind nuclear energy as a vital component of the country’s power generation mix. He said this is a decisive move to bolster Ghana’s long-term...

Over 70% of Ghana’s export earnings still from primary commodities since independence – Prof Bokpin

Over 70% of Ghana’s export earnings still from primary commodities since independence – Prof Bokpin

Since Independence, Ghana’s export earnings still remains driven by primary commodities after several failed interventions, this is according to economist, Professor Godfred Bokpin. He argued that the situation leads to weak economic fundamentals...

Emerging African economies in the global world

Emerging African economies in the global world

By Louis GYIMAH In the mid-2020s, the world economy continues to demonstrate unprecedented complexity, interdependency, and velocity. The fragility of global economic systems was highlighted by the COVID-19 pandemic and subsequent supply chain...

Asanko Gold Mine launches 5-year socio-economic dev’t plan for catchment communities

Asanko Gold Mine launches 5-year socio-economic dev’t plan for catchment communities

Asanko Gold Mine has launched a five-year socio-economic development plan focused on infrastructure improvement and community development in its catchment of Amansie West and South districts of the Ashanti Region. The plan aims to create a...

Livestream: Joy Business Economic Forum tackles “Ghana at Risk: The Economic Fallout of Distant Conflict”

Livestream: Joy Business Economic Forum tackles “Ghana at Risk: The Economic Fallout of Distant Conflict”

Today's edition of the Joy Business Economic Forum on the Joy News channel is looking at the topic, “Ghana at Risk: The Economic Fallout of Distant Conflict”. The in-studio programme is in response to the geopolitical instability in the Middle...

Ghana’s Endless Fuel Levy: Two Decades of Payments With No Debt Relief in Sight

For twenty years, Ghanaian motorists have unwittingly funded what appears to be a financial paradox. The Tema Oil Refinery (TOR) Debt Recovery Levy, introduced in 2003 as a temporary measure, continues to deduct 8 pesewas from every liter of fuel...

Stanbic Bank launches ‘Trade Connect’ to propel Ghanaian businesses 

Accra, June 25, GNA – Stanbic Bank Ghana has successfully launched the maiden edition of Stanbic Trade Connect, a new initiative designed to prepare Ghanaian entrepreneurs and small and medium enterprises (SMEs) for entry into the global market....

Ghana Pushes Cassava as Industrial Staple to Cut Imports, Boost Farmers

Ghana’s drive to transform cassava from a household staple into an industrial powerhouse takes center stage this Thursday, as researchers unveil breakthrough technologies enabling the crop to replace imported raw materials in manufacturing. At a...

Ghana Approves Modest Power Tariff Hike as Water Rates Hold Steady

Ghana’s Public Utilities Regulatory Commission (PURC) has implemented a 2.45% electricity tariff increase effective July 2025 while maintaining current water prices, a decision reflecting the delicate balance between economic pressures and...

Ghana Parliament Confirms Seven Supreme Court Justices Amid Minority Objections

Ghana’s Parliament approved all seven Supreme Court nominees proposed by President John Mahama on Tuesday, overriding vehement objections from the Minority caucus regarding constitutional procedures and judicial independence. The confirmation,...

Ghana’s Banking Sector Gets Major Skills Boost as CIB Launches Transformation Initiatives

The Chartered Institute of Bankers, Ghana (CIB Ghana) has unveiled three strategic programs designed to reshape the country’s financial sector through digital upskilling, leadership development, and enhanced knowledge sharing. The launch event at...

Ghana’s Kumasi Launches $100M Airport City Amid Push for Local Investment

As Ghana’s second city breaks ground on the transformative Kumasi Airport City, traditional ruler Otumfuo Osei Tutu II has demanded national policy reforms to prioritize Ghanaian investors. The Asantehene’s call for “bold interventions that reward...

Ghana’s Suspended Fuel Levy: A Temporary Reprieve or Fiscal Calm Before the Storm?

When the Ghanaian government paused the implementation of a GH₵1 per litre Energy Sector Levy in mid-June, the move was hailed as a relief for consumers already strained by soaring living costs. The decision came amid geopolitical turmoil in the...

Market Complacency on Iran Risks Misjudges Fragile Truce, Warns deVere CEO

Investors are dangerously underestimating escalating global threats, warns deVere Group CEO Nigel Green, citing new intelligence showing U.S. airstrikes failed to cripple Iran’s nuclear capabilities—a mispricing that could trigger abrupt market...

Ghana Dodges Fuel Price Crisis as Middle East Ceasefire Reshapes Oil Markets

When tensions between Israel and Iran flared earlier this month, Ghana’s energy sector braced for impact. Analysts had warned that surging global oil prices could compound inflationary pressures, forcing painful fuel price hikes just as the...

Stanbic Bank Joins BRIDGE-in Agriculture Programme to Drive Inclusive Agricultural Growth

Accra, June 25, GNA – Stanbic Bank Ghana joins BRIDGE-in Agriculture, an ambitious partnership involving Mastercard Foundation and CrossBoundary Advisory, to give Ghana’s agricultural sector a major boost through support for agri-SMEs (small and...

Ghana Leads Africa’s Gold Reserve Surge as Central Banks Shun Currency Risk

African central banks are accelerating gold acquisitions to shield reserves from global financial volatility, with Ghana emerging as a standout—holding nearly half its foreign assets in bullion—amid a continent-wide pivot toward the precious metal...

Ghana Launches Ambitious Labor Export Program to Position Citizens in Global Workforce

The Ghanaian government has taken a decisive step toward establishing itself as a key player in international labor markets with the inauguration of the Ghana Labour Exchange Program (GLEP). Chaired by Employment Minister Abdul Rashid Hassan...

GIZ Ghana donates detection dogs to GRA Customs to bolster border security

By Stanley Senya Accra, June 25, GNA – GIZ Ghana has officially handed over two specially trained detection dogs to the Customs Division of the Ghana Revenue Authority (GRA) to strengthen Ghana’s fight against drug trafficking and illicit...

Ghana’s GH¢6.5 Billion Decentralisation Push: Expert Warns Against Misuse of Local Funds

As Ghana prepares to inject GH¢6.5 billion into its 261 Metropolitan, Municipal, and District Assemblies (MMDAs) next year, a governance expert is calling for stricter safeguards to ensure the funds catalyze meaningful local development rather...

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