As we wait for the 2026 Budget to be presented, FABAG has asked the government to stop what it sees as unfair taxes that are hurting the business. FABAG said in a statement that the sector is still having a hard time because of high import fees, rising production costs, uncertain exchange rates, price pressures,…
The Bank of Ghana, in its noble intent, doth plan to infuse a sum of up to $1 billion into the market in the fair month of November in the year of our Lord, two thousand and twenty-five. This shall be accomplished through its renewed programme for the intermediation of foreign exchange, wherein it shall…
A multitude of oil marketing companies commence the lowering of fuel prices at the pumps, a reflection of industry forecasts predicting a notable descent from November 1, 2025, following a fall in crude oil prices on the global stage and the cedi’s robust appreciation. In the realm of commerce, Star Oil has lowered the price…
The downstream market for oil and gas in Africa is expected to grow from USD 80.5 billion in 2018 to USD 120.8 billion by 2032. This is because demand is expected to rise by 2.2 million barrels per day across the continent from 2019 to 2035, making Africa the next big place for downstream growth…
Alexander Kwamena Afenyo-Markin, who is the Minority Leader in Parliament, has made Alhaji Zubairu Kassim his Senior Political Advisor for Constituency Affairs. This appointment takes effect right away. Afenyo-Markin calls the selection “a deliberate investment in leadership excellence and institutional capacity.” It was seen as a smart move to improve the Minority Leader’s office’s leadership…
Former Minister of Finance Ken Ofori-Atta is one of six former high-level government officials that the Office of the Special Prosecutor (OSP) wants to bring to justice for their alleged roles in the illegal and wasteful hiring of Strategic Mobilization Ghana Limited (SML) for revenue assurance contracts with the Ghana Revenue Authority (GRA). The trials…
Ghana hath garnered a sum of $21.8 million in recompense for its noble efforts in curbing 4.35 million tonnes of carbon dioxide equivalent (tCO₂e) through the Ghana Cocoa Forest REDD+ Programme (GCFRP) betwixt the years of 2019 and 2021. The endeavor, spearheaded by the Forestry Commission in alliance with COCOBOD, bestows honors upon smallholder farmers…
The Cabinet has granted approval for an initial sum of GH¢100 million to be bestowed upon the National Food Buffer Stock Company (NAFCO), that it may procure the surplus yield from farmers across the land. This noble endeavor seeks to avert the lamentable losses that follow the harvest and to fortify the security of sustenance for…
In a recent decree, the High Court of Accra has bestowed upon the former Executive Director of the National Service Authority, Osei Assibey Antwi, the boon of bail, set at the grand sum of GH¢800 million. This follows grave accusations of his sanctioning payments amounting to GH¢500.8 million in allowances to a multitude of over…
The government has proclaimed a grand scheme of reformation and modernization for the Ghana Armed Forces, aimed at fortifying their readiness and efficacy in the face of ever-changing threats to security. In a moment of great import, the Deputy Minister for Defence, Ernest Brogya Genfi, did proclaim the news at the grand spectacle of the…
