BETALimited access to capital and business support structures continues to hold back many women-led enterprises in Ghana, despite their significant contribution to the economy, stakeholders have said at the 3rd Women in Business Dialogue held in Kumasi. Speaking at the event, Chief Executive Officer of the Business and Financial Times (B&FT), Dr Gordon Acquaye, stressed that beyond financing, structural support is critical to helping women grow sustainable businesses.
The Vice President of the Ghana Union of Traders Association (GUTA) Joseph Paddy has cautioned that high cost of doing business is forcing companies to scale down production and relocate to neighbouring countries. He observed that Ghana remains one of the most expensive operating environments in the sub-region, making locally produced goods less competitive compared […]
The Deputy Chief Executive Officer in charge of Operations and Technical at the Petroleum Hub Development Corporation, Onasis Kobby Rosely, has clarified that the land earmarked for the proposed Petroleum Hub project in the Western Region is 5,000 hectares, not 5,000 acres as widely circulated. Speaking at a stakeholder engagement in Tikobo in the Jomoro Municipality, Mr Rosely said the directive from President John Dramani Mahama had been misinterpreted, fuelling confusion among sections of the
The Ghana Stock Exchange (GSE) staged one of its most spectacular single-day rallies in recent memory on Wednesday, as investor wealth surged by 2.22 billion cedis in just one trading session. The total market capitalisation of the bourse jumped from 279.77 billion cedis on Tuesday to 281.99 billion cedis by the close of Wednesday's trading – a gain of 2.22 billion cedis. The benchmark GSE Composite Index simultaneously smashed through the psychological 15,000 barrier, but it is the sheer scale
The Ghana Gold Board (GoldBod) significantly expanded its workforce in 2025 as part of its institutional transformation, increasing staff strength from 114 under the former Precious Minerals Marketing Company (PMMC) in 2024 to 450 employees.
Ghana’s construction sector is showing sustained signs of easing price pressures, with the latest data indicating a continued slowdown in building cost inflation, creating cautious optimism for investors, developers and households. According to the March 2026 Prime Building Cost Index (PBCI) released by the Ghana Statistical Service, year-on-year inflation in building costs declined to 2.2%, […]
The Managing Director of GOIL PLC, Edward Bawa, has assured stakeholders in the aviation industry that there is no shortage of aviation fuel in the country. His comments come in response to growing concerns about potential supply constraints and their impact on flight operations. Speaking to Joy Business on the sidelines of GOIL’s Safety Week […]
The Ghana Gold Board (GoldBod) posted strong financial performance for 2025, recording total revenue of GH¢5.55 billion and an operational surplus of GH¢909.71 million.
NILEE Consult, has marked its fifth anniversary in business with a donation and mental health awareness initiative at the Pantang Psychiatric Hospital. Items donated including cartons of beverages, packs of tissues, detergents, bleach, food and water are expected to contribute to improving the welfare of patients at the facility. Beyond the donation, the event also featured a mental health awareness campaign aimed at educating the public and reducing the stigma surrounding mental health conditio
Ghana’s currency slide at the start of the year is less a crisis than a ritual — but one that continues to expose deeper fragilities in the economy’s structure and policy discipline. The cedi has weakened by nearly six per cent against the US dollar since the turn of the year, slipping from about GH¢10.45 at the end of 2025 to roughly GH¢11.08 by April 24. The losses have been mirrored across major currencies: the pound has climbed from GH¢14.00 to GH¢14.96, while the euro has strengthened from
Scancom PLC, the owner of MTN Ghana, has delivered an impressive set of first-quarter results, propelled by a stunning 35.7 per cent surge in service revenue and a radical overhaul of its dividend policy that will see shareholders receive payments every three months going forward. The telecommunications giant, which completed the structural separation of its mobile money business on March 31, 2026, reported profit after tax of GH₵2.48 billion for the three months ended March 2026 – a 46.8 per ce
GOIL PLC has officially launched its HSSEQ Week 2026, reaffirming its unwavering commitment to health, safety, security, environment and quality (HSSEQ) excellence across its operations. The week-long celebration, themed “Promoting a Positive Psychosocial Working Environment,” brings together staff, regulators, and key industry stakeholders to highlight the importance of both physical and mental well-being in the […]
Old Mutual Ghana has unveiled a new insurance product, the Legacy Transition Plan, aimed at redefining funeral cover by integrating it into broader family financial planning. The product, which offers benefits ranging from GH¢20,000 to GH¢300,000, is designed to provide financial protection while helping families plan for long-term stability in the event of bereavement. Unlike conventional funeral policies, the plan incorporates automatic annual benefit escalation of 10 per cent, ensuring that c
Ghana’s banking sector is regaining momentum, with total industry assets climbing to GH¢465.4 billion as of February 2026, according to the Bank of Ghana (BoG)'s March Monetary Policy Report.
The Chief Executive of the National Petroleum Authority (NPA), Godwin Edudzi Tamakloe, has cautioned oil marketing companies against prioritising profit at the expense of safety. He emphasised that industry players must invest in robust safety systems and risk prevention measures to safeguard lives, assets, and the environment. “The cost of neglecting safety is far greater […]
The Ghana Stock Exchange (GSE) staged a strong recovery on Tuesday, reversing the previous session's modest decline as the GSE Composite Index climbed nearly 24 points to close at 14,878.21. The index now stands 0.70 per cent higher year-to-date, offering renewed hope to investors. Total turnover, however, cooled significantly to just under 5.5 million cedis from over 34 million cedis on Monday, as only 972,638 shares changed hands. But what the market lacked in volume, it made up for in price a
Ghana’s upstream petroleum sector is set for a fresh boost as Tullow Ghana Limited has outlined plans to bring four additional wells on stream in the coming months. The development forms part of a broader drilling campaign at the Jubilee Field, where the operator has confirmed that six wells are scheduled to be operational in 2026, including five production wells and one water injector. Two of the wells are already producing, while three more are expected to begin operations between June and Jul
More than 300 women have been trained in importation and affiliate marketing under the Click-to-Cargo Programme, a two-day initiative aimed at positioning them for Ghana’s fast-growing digital economy.
After enduring one of the most severe economic crises in a generation, Ghanaian businesses are finally experiencing a resurgence. The most significant sign of this turnaround are interest rates. The Bank of Ghana has trimmed its benchmark Monetary Policy Rate (MPR), which stood at a punishing 30% at the close of 2023, in consecutive reductions through 2025 to reach 14.0% by March of this year. Inflation, meanwhile, has plunged to 3.30% well below the central bank's target band and the cedi has a
The Open Institute of Technology (OPIT) has announced the introduction of a fully online Professional Doctorate in Applied Artificial Intelligence, a move aimed at addressing the growing demand for advanced digital leadership across Africa’s rapidly evolving technology landscape. The Level 8 programme, which is scheduled to commence in September 2026, has been designed to equip professionals with the skills to apply artificial intelligence solutions to real-world challenges across sectors such a
