Category: Business

GTA Unveils Bold Tourism Strategy to Transform Volta Region into Global Investment Hub

Business

The Chief Executive Officer of the Ghana Tourism Authority (GTA), Maame Efua Houadjeto, has launched an ambitious strategic roadmap to position the Volta Region as a premier frontier for economic tourism. Speaking at the 2025 Volta Investment Summit in Ho on December 4, 2025, she characterized the region as a “stronghold of economic tourism,” emphasizing […]

Economic Stabilization: Finance Minister Welcomes Record Low Inflation of 6.3%

Business

Finance Minister Dr. Cassiel Ato Forson has hailed the latest consumer price data as a definitive signal of Ghana’s economic recovery. In November 2025, the national inflation rate dropped to 6.3%, marking the lowest level recorded since the 2021 rebasing of the Consumer Price Index. This milestone represents the eleventh consecutive month of disinflation, suggesting […]

Bank of Ghana Emphasizes Loan Discipline Amid Calls for Improved Credit Access

Business

The Bank of Ghana (BoG) has issued a firm reminder to borrowers nationwide to fulfill their loan repayment commitments and utilize credit facilities strictly for their designated business objectives. Matilda Asante-Asiedu, the Second Deputy Governor, highlighted during a sensitization workshop for the Ghana National Chamber of Commerce and Industry that financial accountability is the cornerstone […]

NPA Honored for Upholding National Standards at 14th AGI Industry and Quality Awards

Business

The National Petroleum Authority (NPA) has been officially recognized as the “Key Government Agency that Upholds National Standards” during the 14th AGI Ghana Industry and Quality Awards. Held at the Accra International Conference Centre, the ceremony highlighted the NPA’s consistent efforts in maintaining safety, ensuring regulatory compliance, and prioritizing consumer protection within the petroleum downstream […]

Togo suspends Russian ride-hailing app Yango

Business

The Togolese Ministry of Transport has officially suspended the operations of the ride-hailing platform Yango across the country. The suspension follows a brief period of operation that began in June, during which the ministry claims the service launched without the necessary legal authorizations and in direct violation of national administrative procedures. Government officials cited significant […]

Canada and Mexico Forge Strategic Alliance Amid Rising U.S. Trade Pressures

Business, International

In a significant diplomatic shift, Canadian Prime Minister Mark Carney and Mexican President Claudia Sheinbaum met in Mexico City on December 18, 2025, to deepen bilateral ties and present a unified front against the protectionist policies of the United States. This meeting, Carney’s first official visit to Mexico as prime minister, marks an intentional “reset” […]

Government appoints KPMG as transaction advisor for AT–Telecel merger

Business

Ghana’s Minister for Communications, Digital Technology, and Innovations, Sam Nartey George, has officially appointed KPMG as the transaction advisor to oversee the proposed merger between AT Ghana (formerly AirtelTigo) and Telecel Ghana. Announced on September 5, 2025, this move is a strategic intervention by the government to restructure the telecommunications landscape, which is currently dominated […]

COCOBOD Settles GH¢2 Billion Coupon Payment to Strengthen Financial Stability

Business

In a significant move to stabilize its financial position, the Ghana Cocoa Board has successfully paid out GH¢2 billion in coupons to investors holding restructured cocoa bonds as of September 1, 2025. This payment follows the implementation of the Domestic Debt Exchange Programme, which saw short-term cocoa bills converted into long-term bonds, primarily affecting the […]

Vodafone Exits Ghana Market with Sale of 70% Majority Stake to Telecel Group

Business

British telecommunications leader Vodafone Plc has finalized an agreement to sell its majority stake in its Ghanaian operations to the Telecel Group. This strategic exit allows Vodafone to streamline its global portfolio and focus on its primary markets in Europe and other parts of Africa. Under the terms of the deal, Telecel will acquire the […]