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of the banking licence of GN Bank, which was downgraded to GN Savings and Loans Company Limited before its licence was revoked.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). […]
The Ghana Gold Board (GoldBod) has announced plans to intensify enforcement efforts against unlicensed jewellery manufacturers, gold fabricators and gold refineries operating in the country, following concerns over widespread non-compliance with licensing requirements. In a press statement issued on Wednesday, January 28, GoldBod disclosed that it has become aware that several entities within the gold […]
Fees and charges for services provided by the Office of the Registrar of Companies (ORC) are set to increase from Monday, February 2, 2026. According to the Office, the adjustment is in line with the Fees and Charges (Miscellaneous Provisions) Regulations, 2025 (L.I. 2512), which mandates a review of fees and charges for services rendered […]
The Ghana cedi emerged as Africa’s best-performing currency in 2025, according to data from the International Monetary Fund (IMF) analysed across more than 20 major economies on the continent. The report has been sighted by Joy Business. The IMF data shows that the cedi appreciated by more than 40 per cent against the US dollar […]
US President Donald Trump has threatened to slap a 100% tariff on Canadian goods if the country strikes a trade deal with China. “If Canada makes a deal with China, it will immediately be hit with a 100% Tariff against all Canadian goods and products coming into the U.S.A.,” Trump said on Truth Social. It […]
Donald Trump has vowed to “100%” follow through on his threat to impose tariffs on European countries that oppose his demand to take control of Greenland. European allies have rallied around Greenland’s sovereignty. Denmark’s foreign minister emphasised that the US president cannot threaten his way to ownership of the semi-autonomous Danish territory. UK Foreign Secretary […]
There’s something uniquely agonising about having your cryptocurrency stolen. All transactions are recorded in a digital ledger, known as a blockchain, so even if someone takes your money and puts it in their own crypto wallet, it remains visible online. “You can see your money there on the public blockchain, but there’s nothing you can […]
