BETAParliament’s ratification of Ghana’s first lithium mining lease was expected to trigger visible activity at Ewoyaa. Yet weeks later, the site still appears largely quiet, with little sign of the large-scale development many had anticipated. The lease, granted to Barari DV Ghana Limited, a subsidiary of Atlantic Lithium, was seen as the beginning of Ghana’s […]
The 91-day bill was once again the most subscribed bill as GH¢5.7 billion of the bids were tendered, representing 73% of the total bids. The uptake was, however, GH¢4.3 billion.
What began in December 2025 as a bold customer reward initiative by GCB Bank has culminated in a vibrant grand finale, bringing to a close a five-month nationwide campaign that transformed consistent saving into a competitive, reward-driven experience for hundreds of thousands of customers.
The Managing Director of GCB Bank, Farihan Alhassan, has commended customers for embracing disciplined saving habits, describing participation in the bank’s Pa To Pa Promo as “nothing short of incredible”.
The National Lottery Authority (NLA) has commended GCB Bank for ensuring fairness, transparency and credibility in the conduct of its Pa To To Pa Promo, which came to a close with a grand finale held at the La Palm Royal Beach Hotel on Friday, May 8.
In celebration of leadership, resilience, and transformational impact, Nana Akua Maafo-Dosoo, Chief Executive Officer of the LB Group, was named Activist of the Year at the prestigious Glitz Africa Women's Awards, one of Africa’s foremost platforms honouring women redefining excellence across business, governance, philanthropy, and social impact. The recognition places Mrs. Maafo-Dosoo among an elite class of African women using influence and enterprise as instruments of change, while spotlighti
The McDan Youth Connect continues to position itself as one of Ghana’s most impactful youth empowerment platforms by transforming entrepreneurial dreams into practical opportunities. Through its highly energetic “fast-pitch” sessions, young people present business ideas directly to Dr Daniel McKorley and his team for funding and mentorship support. More than a competition, the initiative serves […]
The Ghana Fixed Income Market (GFIM) closed the month with a volume traded of 35.05 billion. This represented an increase of 93.45% compared to the same period last year.
The Ghana Stock Exchange (GSE) recorded a steep decline this week, shedding GH¢12.5 billion in market capitalisation as a broad-based selloff swept through the Accra bourse in the trading week ended Friday, May 8, 2026. Market capitalisation collapsed from GH¢281.36 billion at the close of trading on Monday, May 4, to GH¢268.91 billion by Friday afternoon, representing a loss of nearly 4.4 per cent in just five trading sessions. The GSE Composite Index, the benchmark measure of equity performanc
The Managing Director of the Cocoa Marketing Company (CMC), Dr Wisdom Kofi Dogbey, has called on industry players in Africa to increase investment in value addition and downstream processing to enable the country to tap into high-value sectors beyond chocolate production. He said that although Africa produces about 70 to 75 per cent of the world’s cocoa, the continent earned less than 10 per cent of the estimated $130 billion global chocolate market, a gap he described as a major opportunity for
The Ghana Reference Rate (GRR) declined marginally to 10.03 per cent for May 2026 from 10.06 per cent in April. On the surface, the latest adjustment appears small. But underneath the modest movement lies a broader indication that the country’s financial system is steadily emerging from crisis conditions into a more stable monetary environment. The latest figure extends one of the sharpest downward shifts in benchmark borrowing conditions since Ghana’s post-pandemic inflation and debt crisis int
The Chief Executive of Ghana Cocoa Board (COCOBOD), Dr. Ransford Abbey, has disclosed that modalities for a new funding model for Ghana’s cocoa sector are nearing completion ahead of its implementation in the 2026/2027 crop season. He said the new model marks a major shift in Ghana’s cocoa financing strategy and seeks to ensure price […]
Former Finance Minister Seth Terkper has credited the clean-up of Ghana’s gold marketing system with strengthening the country’s reserves and supporting the recent appreciation of the cedi.
The net proceeds of the issue of the Notes will be deployed to finance the concurrent any-and-all tender offer of the ETI U.S.$350 million 8.750% Tier 2 notes due June 2031.
FIDELITY Bank Ghana has launched the second cohort of its Orange Inspire programme, in partnership with ALX Ghana, a leading talent accelerator, to equip emerging creative businesses with the skills, mentorship and industry exposure needed to transform creative ideas into sustainable enterprises. Orange Inspire is a specialised programme under the Fidelity Young Entrepreneurs Initiative (FYEI) and anchored by the Fidelity Cultural and Creative Fund (FCCF). Launched in April 2025, the initiative
AFRICA must move beyond expanding access to financial services and focus on creating real economic value from digital finance, the Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has said. He said the continent had made significant progress in financial inclusion; however, it must now ensure that such gains translate into tangible benefits for individuals and businesses. “It is clear that we are now at a point where progress must translate into scale, and access must translate int
A former member of the Parliamentary Select Committee on Energy, Paul Apreku Twum Barimah, has welcomed the decision by the National Petroleum Authority (NPA) to reduce the floor price of petroleum products. He said the move signalled a willingness by the NPA Chief Executive Officer, Edudzi Tamakloe, to listen to stakeholder concerns and pursue reforms in the downstream petroleum sector. Mr Twum Barimah, who is also a former Member of Parliament (MP) for Dormaa East, insisted that the reduction,
Letshego Africa Holdings Limited has entered into binding agreements to sell 100 per cent of its issued share capital in five East and West African subsidiaries, including Letshego Ghana Savings and Loans PLC, as part of a broader portfolio optimisation strategy aimed at sharpening the Group's focus on its core Southern African markets. According to a press release issued on April 27, 2026, the Gaborone-based inclusive finance group has agreed to sell the subsidiaries to Axian Digital Venture Ho
Competition Manager at Nestlé Ghana, Myron Otoo, praised all participating teams and regions for their commitment and fighting spirit.
The Chief Executive Officer of the Minerals Income Investment Fund (MIIF), Justina Nelson, has led a team from the Fund to pay a working visit to Newmont Corporation’s Ahafo North Mine in the Ahafo Region. The visit on May 4, 2026 formed part of MIIF’s stakeholder engagement programme and efforts to strengthen ties with mining companies. The team toured the site and held discussions with Newmont’s management on operations, royalties, safety and environmental performance. She said she was encoura
