Ghana and Côte d’Ivoire’s export sectors face heightened risks, as the October-December cocoa crop development period coincides closely with the expected peak in El Niño conditions, Fitch Solutions has revealed. According to the UK-based firm, lower rainfall and higher temperatures…
Ten State-Owned Enterprises (SOEs) collectively recorded a net loss of GH¢8.8 billion in 2024, about 1.0% of Gross Domestic Product (GDP). This constituted over 90% of total SOE net losses. The SOEs were Electricity Company of Ghana, Volta River Authority,…
The Newmont Ahafo Development Foundation (NADeF) has urged young people in the Ahafo Mines host communities to take greater advantage of its financing opportunities to establish businesses, advising that reliance on employment opportunities in the mining industry and its contracting…
The stock of non-performing loans (NPLs) in Ghana’s banking sector declined to GH¢19.9 billion at the end of June 2026, down from GH¢20.7 billion a year earlier. New data from the Bank of Ghana show that the industry’s NPL ratio…
Nsoatreman Community Bank Plc’s profit before tax more than doubled in 2025 as stronger lending boosted earnings, while the bank expanded its balance sheet and deposits despite a sharp decline in interest rates. Profit before tax rose 123.46% to GH¢7.45…
Eni Ghana, together with its partner, Vitol Upstream Tano Ltd (Vitol), has signed two Memoranda of Understanding with the Government of Ghana covering two offshore blocks, GH WB 3 and GH WB 8, in Ghana’s Tano Basin, paving the way…
By Eugene Davis Ghana’s economy grew by a provisional 6.0 per cent year-on-year in the second quarter of 2026, including oil and gas, according to the Ghana Statistical Service (GSS). The latest growth rate marks a moderation from the 6.6…
By Eugene Davis The Minority Caucus in Parliament has renewed and updated its demand for full disclosure over the alleged $1.7 billion loss recorded in connection with GoldBod operations, arguing that recent findings by the International Monetary Fund (IMF) and…
The Ministry of Finance has moved to clarify the status of salary payments to 6,300 newly posted staff of the Ghana Education Service (GES), confirming that all staff inherited by the government in 2025 have been paid. The Ministry said…
Emirates is elevating the award-winning Premium Economy experience even further with the launch of the world’s first electrically powered Premium Economy seat, featuring a full-height adjustable privacy screen between every seat. Debuting on newly received Airbus A350 aircraft, the new…