Crude-Free Power Generation in Sight with Ghana’s Second Gas Train – Mahama
Ghana is seeking to phase out the use of crude oil in its power generation mix over the medium term, President John Dramani Mahama has...
Category : Business
No Government Mandate for Price Cuts, Trade Minister Explains
The Minister for Trade, Industry, and Agribusiness, Elizabeth Ofosu-Adjare, has said that the government cannot compel traders to reduce prices, despite the recent appreciation of...
Makola and Okaishie Traders Stand Firm Against Price Cuts Despite Cedi Boost
Some traders within the Makola and Okaishie business hubs are pushing back against mounting calls to immediately reduce the prices of goods, despite the recent...
Ghana’s Gold Industry Shines with $2.7B in 2025 Exports
Ghana’s small-scale gold exports soared to $2.7 billion from January to April 2025, according to newly released data from the Ghana Gold Board (Goldbod). This...
Rice Price Slump to Lead 7% Global Food Price Reduction in 2025
Global food prices are expected to decline for a second consecutive year in 2025, driven primarily by a significant slump in rice prices, as abundant...
Inflation Slides to 21.2% in April, Setting Eight-Month Record Low
The rate of inflation declined to 21.2% in April, 2025 – its lowest level in eight months as a stronger cedi has helped curb import-related...
Gold Fields and AngloGold Pause Discussions on Mine Merger
AngloGold Ashanti PLC and Gold Fields have agreed to pause discussions about a proposed joint venture to combine their Iduapriem and Tarkwa gold mines, two...
CSA Warns of GH¢500,000 in Losses from Blackmail, Sextortion Scams in 2025
Financial losses from online blackmail and sextortion in Ghana have surged to GH¢499,044 in the first four months of 2025, according to data from the...
Ghana’s Upstream Petroleum Industry Booms with 181% Investment Surge in 2024
Ghana’s upstream petroleum industry recorded a remarkable 181 percent surge in investment, rising from US$32 million in 2023 to US$90 million in 2024, largely driven...
Mahama Boosts TOR Leadership with Edmond Kombat as New MD
President John Mahama has elevated Edmond Kombat as the Acting Managing Director of the Tema Oil Refinery (TOR), replacing Dr. Yusif Sulemana. The announcement was...