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 […]
Category: Business
All new Facebook videos to be classified as Reels soon, Meta says
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 […]
We have built adequate buffers to withstand external threats – BoG Governor assures
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 […]
YellowPay and HanyPay are unlicensed digital platforms in Ghana — BoG warns public
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 […]
Prempeh I Int’l Airport runway extension project to be completed in 2025 – Transport Minister assures
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 ranked 8th among Africa’s top 10 manufacturing countries; 1D1F praised
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 […]
Apple has just showed off a new look for iPhones. Here’s everything coming in iOS 26
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 […]
Ecobank Group CEO backs stable cedi over sharp appreciation
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 declares GH₵2.13 dividend per share in 2024
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 signs $2billion oil licence extension deal with Tullow, Kosmos, PetroSA & GNPC
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 […]
Worcester restaurant serving Ghanaian food seized by US state due to unpaid taxes
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 […]
Establishment of GoldBod brought in $2.7bn in four months – Mahama
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 […]