BETAFollowing the highly successful three-day Kwahu Business Forum, Republic Bank (Ghana) PLC has reaffirmed its commitment to supporting the growth and transformation of Ghanaian enterprises following its participation as a proud sponsor and key contributor to the forum, held under the theme “The Future of Business: Scaling Up Local Enterprise.” The three-day forum brought together […]
The Western Regional Minister, Joseph Nelson, has underscored the transformative potential of the Petroleum Hub project, describing it as a flagship initiative capable of reshaping the economic fortunes of the Western Region. Speaking during a courtesy call by the Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), Toni Aubynn, in Sekondi-Takoradi on April 9, 2026, Mr Nelson said the project could unlock new opportunities across multiple sectors, including job creation,
The Netherlands has reclaimed its position at the centre of the global cocoa trade, overtaking Germany as the world’s leading exporter of cocoa products in 2025, with Ghana among the key suppliers feeding the booming European market. New data released by Statistics Netherlands (CBS) shows that Dutch cocoa exports reached €12.4 billion last year, marking a sharp rise driven largely by surging global cocoa prices and strong demand for semi-processed products used in chocolate manufacturing. The fi
Global technology firm Qualcomm Incorporated has selected 10 African startups for its 2026 Make in Africa Mentorship Programme, reinforcing its push to support deep-technology innovation across the continent. The initiative, now in its fourth year, forms part of the Qualcomm Africa Innovation Platform and is designed to nurture early-stage startups developing solutions in advanced fields such as artificial intelligence, machine learning, the Internet of Things and next-generation connectivity. T
The CEO of the Chamber of Oil Marketing Companies (COMAC), Dr Riverson Oppong, is demanding full transparency on proceeds from the controversial “dumsor levy,” as government moves to ease fuel prices.
The Ministry of Finance (MoF) and Bank of Ghana (BoG) have dismissed claims that Databank has been endorsed as a Bond Market Specialist (BMS) for the government. The disclaimer drew attention to an official notice issued by the BoG on February 10, 2026, bearing Notice Number BOG/FMD/2026/08, which contained the revised and authoritative list of Primary Dealers (PDs) and BMSs approved by both institutions. According to the official notice, six institutions have been designated as BMSs for the iss
The Ghana Stock Exchange (GSE) closed the final trading day of the week on a mixed note, with the GSE Composite Index (GSE-CI) edging down 19.59 points to 13,106.52, as gains in banking and insurance stocks were offset by sharp declines in Access Bank and MTN Ghana. Trading data for the 7,187th session, held on April 9, 2026, showed selective buying interest in select financial counters, while market capitalisation rose to GH¢246.18 billion from GH¢244.95 billion in the previous session, marking
The National Pensions Regulatory Authority (NPRA) has recovered more than GH¢27 million in 2025, representing 30 percent of total defaulted pension contributions, from employers across the country following an intensified compliance exercise. Speaking at a press conference, Deputy Chief Executive Officer of the Authority, Victor Azumah said the funds were retrieved after compliance officers were […]
THE Head of Programmes at STAR-Ghana Foundation, Eunice Agbenyadzi, has called for stronger collaboration among key stakeholders to support and grow women-owned businesses in Ghana. She said women contribute significantly to the country’s economy, accounting for about 42 per cent of micro, small and medium-sized enterprises (MSMEs). However, she said many women-led businesses continue to face persistent challenges that limit their growth. Mrs Agbenyadzi made the call at a roundtable dialogue org
Global commodities trading giant Trafigura Group has entered Ghana’s gold sector for the first time, signing an offtake agreement with Heath Goldfields Ltd. for 700,000 ounces of gold doré from the Bogoso–Prestea Gold Mine and providing US$65 million in debt financing to restart oxide ore operations. The agreement, announced on April 9, 2026, marks Trafigura’s second gold transaction on the African continent, following a debt financing deal in Sierra Leone in December 2025. It also signals the c
Small and medium-sized enterprises (SMEs) in Ghana are set to gain increased access to international funding following a strategic partnership between Mobile Web Ghana and the Euro Nordic Funding Alliance (ENFA). The collaboration, unveiled at the Ghana–Europe Investment Pipeline, is designed to bridge the persistent financing gap facing SMEs by connecting viable Ghanaian businesses to […]
Stanbic Bank Ghana has strengthened its support for small and medium-sized enterprises (SMEs) with the launch of a practical digital skills training programme designed to help businesses expand their reach and remain competitive in an increasingly digital economy.
The Chief Executive Officer of Scancom Ghana PLC (MTN Ghana), Stephen Blewett, has been awarded 21,382 MTN Group shares valued at approximately R4.12 million (US$252,000) as part of the telecommunications giant's Performance Share Plan 2010, according to a group announcement released on April 7, 2026. The Chief Financial Officer of MTN Ghana, Antoinette Kwofie, also received 13,660 shares valued at approximately R2.63 million (US$160,000) under the same plan. Both executives serve as directors o
Asanko Gold Ghana Limited is working with the Amansie West District Assembly to revive road rehabilitation efforts by addressing fuel constraints for maintenance equipment. Under the District Road Improvement Programme (DRIP), the Assembly has had access to machinery for reshaping roads, but high fuel costs have limited its ability to sustain operations across affected communities. […]
The recent bull run on the Ghana Stock Exchange has acquired a familiar hallmark of frontier markets: concentration risk dressed up as momentum. At its centre sits MTN Ghana, whose outsized weight and liquidity have turned it into both the engine and the barometer of equity market performance. Year on Over the past 12 months, MTN’s near-70 per cent appreciation—followed by a further surge in early 2026—has done more than reward shareholders. It has effectively dictated the trajectory of the GSE
Agricultural Development Bank (ADB) PLC has pulled off a stunning financial turnaround, recording GH¢367.2 million historical profit for the end of 2025. According to the bank’s audited financial statements for the year ended December 31, 2025, ADB PLC recorded a profit after tax of GH¢367.2 million, a quantum leap from the GH¢35 million profit recorded in 2024. The recovery has been driven by a successful recapitalisation exercise and a sharp focus on recovering non-performing loans (NPLs). Tur
Rural banks across the country have begun transitioning into the community bank model, with institutions rebranding their signages and operational identities, following the implementation of the Bank of Ghana’s Revised Microfinance Sector Framework. So far, three rural banks — Nyakrom Rural Bank, Jomoro Rural Bank and Akuapem Rural Bank — have already adopted their new identities, while others are at various stages of the transition process. The reform was introduced to address long-standing str
The rollout of an artificial intelligence-based customs classification and valuation system at Ghana’s ports marks a significant step in the country’s effort to strengthen revenue mobilisation. Early indications suggest that the Publican Trade Solution is already delivering results, flagging undervalued imports and helping the state to recover revenue that would otherwise have been lost. At a time when domestic revenue remains critical to fiscal stability, such gains are both timely and necessar
The Ghana Stock Exchange (GSE) recorded its third consecutive session of gains on Wednesday, with the GSE Composite Index (GSE-CI) adding 44.92 points to close at 13,126.11, as buying interest in banking and oil marketing stocks continued to drive the market. Trading data for the 7,186th session, held on April 8, 2026, showed sustained investor confidence, with market capitalisation increasing to GH¢244.95 billion, up from Tuesday's GH¢244.37 billion. Total volume of shares traded for the sessio
A NEWLY launched voluntary pension product, the Teachers’ Provident Fund Scheme (TPFS), has enrolled 2,649 members, all from the Ghana Education Service, as of the end of February this year. Designed by GLICO Pensions Trustee Ltd for workers in the education sector TPFS was licensed by the National Pensions Regulatory Authority (NPRA) on April 5, 2023 and piloted to test its efficiency and acceptability. The Director of GLICO Pensions, Dr Francis Sapara-Grant, disclosed at the launch of the prod
