The United States government has revised its visa reciprocity policy for Ghana, limiting the duration and number of entries permitted under most non-immigrant visa classifications. According to the U.S. Department of State – Bureau of Consular Affairs,holders of A-class visas; primarily diplomats and government officials, will continue to receive multiple-entry visas with validity ranging from […]
Category: Business
Trump signs executive order extending tariff deadline to August 1
U.S. President Donald Trump signed an executive order Monday extending the date on which so-called “reciprocal” tariffs will take effect to August 1. The previous deadline had been July 9. Source: Reuters
Nigerian agency fines Multichoice $501,340 for data privacy breaches
Nigeria’s data protection agency has fined Multichoice Nigeria Limited, Africa’s biggest pay television company, 766 million naira ($501,340) for violating the country’s data protection law, a spokesperson said. MultiChoice, which operates pay-TV services DSTV and GOTV in Nigeria, has faced legal and regulatory hurdles in the past two years from authorities regarding contentious price hikes and tax disagreements. The […]
24-Hour Economy policy: Game-changer that needs flawless execution
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 […]
Ghana: New oil and gas discovery Off Cape Three Points gets green light for development
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 KIA dip by 10.3% in first three months of 2025 – BoG
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 […]
Ghanaians optimistic prices of goods and services will drop within the next 6 months
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% […]
Recalled BoG staff to be put on extended probation
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 […]
Gold price slump could trigger cedi sell-off — Fitch
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 […]
SML Scandal: Former GRA Commissioner General and 2 others in custody
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 […]
TCDA introduces permit regime for palm oil imports; Effective July 14
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 […]
Gold Board initiative yields $3 billion economic boost in 4 months – Kwakye Ofosu reveals
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,” […]