Government has paid GH¢10 billion in interest under the Domestic Debt Exchange Programme (DDEP), marking a major milestone in the country’s fiscal consolidation efforts. The payment, announced on Wednesday, is the sixth coupon settlement under the programme and the second made entirely in cash, with no Payment-In-Kind component. The full cash settlement covers cedi-denominated DDEP […]
President John Dramani Mahama has announced that Ghana will stop relying on foreign funding to purchase cocoa and will instead mobilise domestic resources to finance the crop, in a move he says will strengthen local processing and support economic growth. Speaking at the Accra Reset Summit, a high-level side event of the 39th African Union […]
The National Petroleum Authority (NPA) has increased the minimum price levels for petroleum products for the second pricing window of February 2026. The new price floor takes effect from February 16 to 28, 2026. Under the directive, no Oil Marketing Company (OMC) is permitted to sell petrol below GH¢10.24 for the next two weeks. This […]
Prices of petroleum products are set to increase marginally from February 16, 2026. That is according to the latest outlook report by the Chamber of Oil Marketing Companies (COMAC), which guides pricing decisions for oil marketing companies and was sighted by Joy Business. This marks the second time fuel prices are projected to rise, largely […]
The National Communications Authority (NCA) has introduced stricter, enforceable performance standards for mobile telecommunications services. The regulator is tightening rules on call quality, internet speed, and messaging delivery across all Metropolitan, Municipal, and District Assemblies (MMDAs). In a statement dated Sunday, February 15, 2026, the regulator said it has amended the Quality of Service (QoS) […]
The president of the Licensed Cocoa Buyers Association, Samuel Adimado, has disclosed that Licensed Buying Companies (LBCs) have not received payments from the Ghana Cocoa Board for two consecutive seasons, with arrears estimated at $185 million. Speaking on Joy News’ PM Express on Tuesday, he said the unpaid bills are at the centre of a […]
President of the Ghana Union of Traders’ Associations (GUTA), Clement Boateng, has accused some traders of deliberately refusing to reduce prices despite a drop in input costs. Speaking on Joy News’ PM Express on Monday, Mr Boateng said the cedi’s appreciation has delivered gains for the business community, and those benefits must be reflected in […]
The Bank of Ghana (BoG) has ruled out the restoration of the banking licence of GN Bank, which was downgraded to GN Savings and Loans Company Limited before its licence was revoked. The Governor of the BoG, Dr Johnson Asiama, in an interview with the Daily Graphic, stated that the matter had been conclusively settled […]
The Ghana National Chamber of Commerce and Industry (GNCCI) CEO, Mark Badu-Aboagye, says Ghana must not return to its old habits after exiting the International Monetary Fund (IMF) programme this year. He warned that failure to manage the economy independently would make the country a permanent client of the Fund. Speaking on Joy News’ PM […]
Ghana has taken a major step in its gold industry by beginning to refine gold locally, a move the government hopes will help the country earn more foreign exchange and keep more value from its mineral resources at home. The new refining push follows a deal involving Gold Coast Refinery and Rand Refinery. Together, the […]
The Ministry of Trade, Agribusiness and Industry says Ghana has secured a major reprieve in its trade relationship with the United States after Washington extended the African Growth and Opportunity Act (AGOA) for one year. In a statement, the sector Minister, Elizabeth Ofosu-Adjare, welcomed the decision, describing it as a timely intervention that will protect […]
Walmart has become the first traditional retailer to hit a $1tn (730bn) market valuation, propelling it into a small group dominated by tech firms. The milestone reflects the US retail giant’s booming e-commerce business and its success in drawing in price-conscious shoppers. Wall Street has also responded enthusiastically to its investments in artificial intelligence (AI). […]
