President John Dramani Mahama’s 24-Hour Economy and Accelerated Export Development Programme represents Ghana’s most ambitious economic blueprint in decades. For a nation that imports everything from animal stomachs to basic foodstuffs while exporting raw materials, this comprehensive strategy could finally break the cycle of dependency. But that depends almost entirely on execution. The programme’s strength […]
The Ministry of Energy and Green Transition has announced the formal Declaration of Commerciality (DoC) for the Eban-Akoma oil and gas discoveries within the Cape Three Points Block 4 (CTP-B4), marking a significant step in Ghana’s upstream petroleum sector. The declaration, submitted on July 3, 2025, follows the successful completion of an appraisal programme confirming […]
Passenger arrivals at the Kotoka International Airport declined by 10.3% on a year-on-year basis to 98,146 in March 2025, the Bank of Ghana has revealed. This was down from 109,380 arrivals recorded a year ago. On a month-on-month basis, however, tourist arrivals increased by 2.2%. For the first quarter of 2025, there were 295,415 arrivals […]
A new survey by Global InfoAnalytics indicates a widespread belief among Ghanaians that the prices of goods and services will largely decrease within the next six months, signalling a robust sense of economic optimism among the populace. The poll, conducted by Mussa K. Dankwah, Pollster and Head of Research at Global InfoAnalytics, revealed that 55% […]
The Bank of Ghana (BoG) has placed all recently recalled staff, whose appointments were earlier terminated, on an extended probation, sources have told JoyBusiness. Sources say the recall decision marks a significant shift from the Central Bank’s earlier plan to reinstate only a few based on operational needs and skill requirements. Instead, all affected persons […]
FITCH Solutions warns that a sharp decline in global gold prices, potentially triggered by changes in US trade policies or easing geopolitical tensions, could severely weaken the cedi, surge inflation and interest rates. The rating agency said this could severely weaken Ghana’s external buffers and renew downward pressure on the cedi. In its latest country […]
A former Commissioner General of the Ghana Revenue Authority (GRA), Rev. Dr. Ammishaddai Owusu-Amoah, and two other former officials of the GRA are in custody over their roles in the SML Scandal, according to information exclusively available to manassehazure.com. The other two, according to sources at the OSP, are Dr. Isaac Crentsil, a former Commissioner […]
The Tree Crop Development Authority (TCDA) has announced a new regulatory framework requiring all importers of palm oil products to register and obtain a permit before engaging in any importation activities. The directive, which takes effect on 14th July 2025, is part of a wider move to sanitise the industry and promote sustainable growth in Ghana’s vital […]
Felix Kwakye Ofosu, the Minister for Government Communications, has announced a significant boost to the Ghanaian economy, revealing that more than US$3 billion has been funneled into the country within four months of the strategic Gold Board initiative. “In the last four months, over $3 billion has entered our economy in addition to the expected inflow,” […]
Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps again. This is the second time this week fuel prices have gone down at the pumps for the second pricing window of June. The reduction, JOYBUSINESS understands, is a result of competition among some major OMCs due to a price […]
All new videos uploaded on Facebook will soon be classified as Reels, simplifying how users publish visual content, social media giant Meta Platforms said on Tuesday. The Instagram parent said Reels on Facebook will no longer have length or format restrictions, and include all types of video content — short, long and live. Previously uploaded […]
The Governor of the Bank of Ghana (BoG) Dr. Johnson Asiama has assured that the country has built the needed buffers to withstand external threats to the economy, particularly from the Iran Israel war in the Middle East. According to Dr. Asiama, “Ghana’s foreign reserve position, inflation trajectory, and fiscal adjustment efforts provide a solid […]
