The Bank of Ghana (BoG) has cautioned the public against engaging with two digital financial service providers — YellowPay and HanyPay — for operating without the necessary licenses and regulatory approvals in Ghana. In a public notice dated June 10, 2025, the central bank flagged YellowPay, a product of Yellow Card Financial Inc., for promoting itself […]
The Minister for Transport, Joseph Bukari Nikpe has assured that government will allocate resources to complete the runway extension project of the Prempeh I International Airport in Kumasi by end of this year. The completion of the extension project will allow some international aircrafts land in Kumasi safely. Speaking to journalists at a stakeholders’ breakfast […]
Ghana has been ranked 8th among Africa’s top 10 manufacturing countries, according to a report by The African Exponent, an analytical business information source for entrepreneurs and potential investors in Africa. The report stated that Ghana’s long-term focus on value-added manufacturing in agriculture and cocoa has transformed its industrial landscape. Again, the “One District One […]
The release delivers a stunning new design, powerful Apple Intelligence capabilities, new ways to stay connected in the Phone and Messages apps, and exciting updates to CarPlay, Apple Music, Maps, and Wallet. Apple on Monday previewed iOS 26, a major update that brings a beautiful new design, intelligent experiences, and improvements to the apps users […]
Group Chief Executive of Ecobank, Jeremy Awori, says he supports calls for Bank of Ghana intervention to maintain a fairly stable cedi exchange rate, rather than the sharp daily appreciation seen in recent months. Speaking to Joy Business in Lomé, Togo, after the Annual General Meeting of Ecobank Transnational, Mr. Awori acknowledged the recent strong recovery […]
Benso Oil Palm Plantation (BOPP) PLC has announced a total dividend of GH₵2.1364 per share for the 2024 financial year, rewarding shareholders with nearly 80 per cent of the company’s profit after tax. The declaration was made by the Chairman of the Board of Directors, Dr Alfred Mahamadu Braimah, during the company’s Annual General Meeting. […]
Ghana has taken a major step towards reinforcing its position as a leading oil and gas producer in West Africa, following the signing of a Memorandum of Understanding (MoU) between the government and key energy partners to extend the production licences for the Jubilee and TEN oil fields to 2040. The agreement,announced in a statement […]
A restaurant located on Worcester’s Grafton Street that serves cuisine from Ghana has been seized by the state’s Department of Revenue (DOR) due to unpaid taxes, according to two signs posted on the building’s windows. Accra Girls at 1280 Grafton St. was seized by the DOR because of nonpayment of taxes, the two orange signs […]
President John Mahama has disclosed that the establishment of the Ghana Gold Board (GoldBod) has sanitised the gold trading and export business, raking in $2.7 billion in the short span of its operations. He added that the GoldBod has also strengthened the oversight responsibility in the export of the precious mineral, ensuring that Ghana benefits […]
The prices of petroleum products are expected to witness one of the biggest drops at the pumps this year. This is due to the appreciation of the cedi against the dollar. According to the latest Chamber of Oil Marketing Companies (COMAC) pricing outlook for the first pricing window of June 2025, fuel prices will fall […]
The Ghana cedi is forecasted to gain strength in the coming week, bolstered by continued remittance inflows and interventions from the central bank, while Kenya’s shilling is expected to remain steady, and Nigeria’s naira to stay range-bound, traders said. GHANA The cedi currency has jumped more than 40% versus the U.S. dollar this year, far outperforming its […]
A US federal court has blocked President Donald Trump’s sweeping tariffs, in a major blow to a key part of his economic policies. The Court of International Trade ruled that an emergency law invoked by the White House does not give the president unilateral authority to impose tariffs on nearly every country. The Manhattan-based court […]
