The Minority in Parliament has said that Ghana could lose up to a million jobs if the Minerals and Mining Royalty Regulations, 2025, are passed. These rules set up a sliding-scale royalty system that changes rates based on international commodity prices. Patrick Boamah, the head of the Subsidiary Legislation Committee, warned that higher royalties could…
Oil marketing companies (OMCs) in Ghana are worried that bulk fuel distributors (BDCs) are raising prices too soon. They point out that the petroleum products that are currently on the market were brought in before the Middle East conflict and should not yet reflect the costs of war. Dr. Riverson Oppong, the CEO of the…
Ibrahim Adjei, the Resident Country Director of International Investments LLC, says that the government’s 24-hour economy policy will mostly depend on the factories that were built under the One District One Factory (1D1F) program that the last government started. He said on Channel One TV’s Breakfast Daily that the industrial base built by President Nana…
Edward Bawa, the Group CEO of GOIL PLC, said that the systems at the Tema Ports have been fixed, so fuel loading can start again. He said on social media on March 9 that things were back to normal after a brief interruption caused by the Integrated Customs Management System (ICUMS), which had raised concerns…
As part of a compliance review under the Kimberley Process Certification Scheme, Ghana has made its diamond export system stronger to make sure that conflict diamonds don’t get into the global market. Sammy Gyamfi, the Chief Executive Officer of the Ghana Gold Board, spoke at the start of the review mission in Accra. He said…
The Public Utilities Regulatory Commission (PURC) has called an emergency meeting with the Electricity Company of Ghana (ECG) after many news reports and complaints from the public about how quickly prepaid electricity units are running out after the recent tariff change under the Multi-Year Tariff Order (MYTO). The Commission wrote a letter on February 25,…
John Mahama has broken ground on a $250 million float glass factory in Shama, which is in the Western Region. He has also opened a sanitary ware plant and Phase Five of the tile line by KEDA (Ghana) Ceramics Company Limited. He said that the glass plant, which is supposed to be able to make…
Kwabena Donkor says that the Ghana Cocoa Board (COCOBOD) is no longer useful in the cocoa economy and is a bad example of corporate governance because it is both a regulator and a market player. On the GTV Breakfast Show on February 24, 2026, he compared Ghana to Côte d’Ivoire, which changed its cocoa board…
Mike Fraser, the Group Chief Executive Officer of Gold Fields, said that gold production went up by 18% in 2025 compared to 2024. He said on Channel One TV’s The Point of View on February 23 that the growth was due to strong performance in all of its global operations. He named Ghana as a…
The Ghana Chamber of Mines has raised the alarm about Ghana’s rising tax burden, saying that the country’s average effective tax rate, which is close to 60%, could stop future domestic and foreign investment in the mining sector. Kenneth Ashigbey, the Chief Executive Officer, said that the total burden, which includes a 5% royalty, a…
