Stanbic Bank Ghana has called on small and medium enterprises (SMEs) to move beyond survival-driven operations and adopt structured business practices to achieve long-term growth. This message was central to the 2026 SME Clinic held in Tamale, which was themed “From Survival to Scale: Building SMEs that Endure.” The two-day engagement brought together entrepreneurs, business […]
West Africa stands at a defining moment in its development journey. The region is richly endowed with mineral resources, a youthful population, and growing industrial ambition. At the same time, it faces rising energy demand, climate vulnerability, infrastructure deficits, and increasing expectations for inclusive growth. In this context, responsible mining and sustainable power development are […]
President John Dramani Mahama has announced that the Tema Oil Refinery (TOR) will begin processing Ghanaian crude oil in June 2026 as part of efforts to increase local value addition and reduce the country’s dependence on imported refined petroleum products. He said a shipment of crude oil from Ghana’s offshore fields would be delivered to […]
Some Oil Marketing Companies (OMCs) have started increasing the prices of petroleum products at the pumps from this morning, June 1, 2026. The increase is in line with the two-week review of fuel prices by the various oil firms in the country, as part of the price deregulation policy. Star Oil took the lead this […]
Ghanaian niche fragrance house Maison Yusif Fragrance has successfully concluded the New Jersey edition of its international “The Beast” World Tour, drawing fragrance enthusiasts, supporters, and members of the local community to experience the brand’s latest fragrance release, The Beast. The event forms part of a broader international tour designed to introduce the new fragrance […]
Oil futures fell more than 1% on Friday and were on track for their steepest weekly decline since early April, following reports that the U.S. and Iran had agreed to extend a ceasefire, though it had yet to be finalised. Brent crude futures for July fell 1.1% or $1.04 to $92.67 a barrel at 0330 […]
The Bank of Ghana has filed an appeal at the Supreme Court seeking to challenge the Court of Appeal ruling on the restoration of the GN Savings and Loans license. According to an application filed at the Supreme Court and seen by JOY BUSINESS, the Bank of Ghana is asking the highest court of the […]
History was made in Alexandria, Virginia, as Maison Yusif Fragrance officially launched THE BEAST — the fragrance that has already begun shaking the foundations of modern artisan perfumery. What took place was more than a fragrance launch. It was the birth of a movement. A statement. A moment where Ghanaian artistry, luxury, power, and storytelling […]
Telecommunications giant MTN Ghana has announced new charges on transfers from Mobile Money (MoMo) wallets to bank accounts, set to take effect from June 1, 2026. In a text message sent to customers on Monday, MTN said transfers from MoMo wallets to bank accounts will now attract a fee of 0.75 percent per transaction, capped […]
The International Monetary Fund (IMF) has defended the Bank of Ghana (BoG)’s massive financial losses, stating that its aggressive policy actions were necessary to stabilise the economy during Ghana’s crisis period. Speaking on PM Express Business Edition on Thursday, IMF Mission Chief Ruben Atoyan rejected suggestions that the central bank acted too aggressively in tightening […]
The Bank of Ghana (BoG) is awaiting legal advice from its external lawyers and the Receiver of the defunct financial institution before deciding on its next course of action. This follows a Court of Appeal ruling ordering the restoration of the licence of GN Savings and Loans Company Limited. The development comes after the Appeals […]
Mobile money transactions in Ghana reached a total value of GH¢493.2 billion in April 2026, involving 967 million transactions, according to the Bank of Ghana’s latest Summary of Economic and Financial Data for May 2026. The figures show continued expansion in the country’s digital payments sector, rising from GH¢484.6 billion recorded in March 2026, reflecting […]
