BUSINESS NEWS

Matilda Asante-Asiedu Appointed BoG 2nd Deputy Governor

President John Mahama has appointed Matilda Asante-Asiedu as the Second Deputy Governor of the Bank of Ghana (BoG). The appointment, made under Section 17 of the Bank of Ghana Act, 2002 (Act 612), underscores the government’s commitment to bringing seasoned expertise to the nation’s financial sector. This was contained in …

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VIDEO: Landguards, National Security Operatives Allegedly Used In Forced Eviction Of Asiaw Farmers By Sand-Winning Contractors

A land dispute involving sand-winning activities has sparked tensions in Asiaw, a farming community in the Nsawam-Adoagyiri Municipality, Eastern Region. This assertion coincides with claims made by farmers and community members that landguards and other national security officers, allegedly hired by sand-winning companies, had forcibly evicted them from their ancestral …

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HMD Officially Enters Ghanaian Market With Launch of Innovative Mobile Devices

Leading European mobile phone manufacturer and official smartphone partner of FC Barcelona, Human Mobile Devices (HMD), officially debuted in Ghana on April 15, 2025, at the Mövenpick Ambassador Hotel in Accra, with the launch of four new mobile devices designed specifically to meet the needs of Ghanaian consumers.     …

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Mineral Development Fund Hosts National Stakeholder Forum

The Chief Executive Officer of the Mineral Development Fund (MDF), Dr. Hannah Bissiw, recently engaged the media at the Alisa Hotel Auditorium on April 23, 2025. The interaction aimed to provide insights into the significance of the National Stakeholder Forum, which brought together key stakeholders from various sectors.     …

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GoldBod Begins Licensing Of Service Providers

The Ghana Gold Board (GoldBod) has announced the commencement of the licensing of service providers within the gold trading sector, effective Wednesday, April 23, 2025.Ghanaian fashion A Ghanaian 18 years and above or a fully owned Ghanaian company may apply to GoldBod for a license online via GoldBod’s official website, …

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Tariff Increases Will Cripple Traders — GUTA Slams PURC

The Ghana Union of Traders’ Association (GUTA) has strongly criticised the Public Utilities Regulatory Commission (PURC) over recent utility tariff hikes, describing the Commission’s justification as unconvincing and tone-deaf to the current economic hardship facing businesses and ordinary Ghanaians. This follows PURC’s announcement of a 14.75% increase in electricity tariffs …

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All Gold Trading Licences Issued By PMMC Nullified – GoldBod Announces

The Ghana Gold Board (GoldBod) has announced a significant restructuring of the country’s gold trading framework following the passage of the Ghana Gold Board Act (Act 1140), 2025. The law, passed by Parliament on 29th March 2025 and assented to by the President on 2nd April 2025, effectively revokes all …

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Prof. Gyampo Sets New Austerity Tone At Ghana Shippers Authority

Professor Ransford Gyampo

The Chief Executive Officer of the Ghana Shippers Authority (GSA), Professor Ransford Gyampo, has outlined a series of cost-cutting and ethical leadership measures aimed at restoring financial stability and public trust in the institution. Reflecting on his early days in office, Prof. Gyampo revealed that he inherited a financially strained …

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US Tariff To Impact Ghana’s Cocoa, Textiles And Agriculture

Ghanaian exporters are bracing for the impact of a new 10% tariff on imports imposed by the United States, which is expected to affect key non-traditional exports. The measure, announced by US President Donald Trump, has sparked concern among local producers and exporters over potential losses in market share, pricing …

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