Companies, markets, trade, jobs.
Tonyi Senayah, founder of shoemaking business Horseman, says his venture is driven by a mission to create employment for artisans and challenge the view that vocational trades are for school dropouts. Senayah, who studied at the University of Ghana, said his interest in human development and helping people fulfil their potential led him to entrepreneurship in shoemaking and craftsmanship.
51 min ago · Joy Online →
Tonyi Senayah, founder of shoemaking business Horseman, says his venture is driven by a mission to create employment for artisans and challenge the view that vocational trades are for school dropouts. Senayah, who studied at the University of Ghana, said his interest in human development and helping people fulfil their potential led him to entrepreneurship in shoemaking and craftsmanship.
51 min ago · Joy Online →
MTN Ghana reported a 44.4 per cent year-on-year increase in the value of Mobile Money transactions for the first half of 2026, and plans to invest US$1.1 billion over three years to expand its network infrastructure and digital services, including deploying 500 new network sites across Ghana in 2026.
1 hour ago · Joy Online →
Ghana's Trade Minister announced a proposed bilateral trade agreement with Burkina Faso to boost cooperation in handicrafts, agro-processing, shea, cotton, leather and agricultural value chains, with formal trade between the two countries exceeding US$1 billion last year.
2 hours ago · Joy Online →
Binance co-CEO Richard Teng said the security breach involved multiple points of compromise beyond an initial suspected compromised laptop, with hackers using a self-destruct mechanism to cover their tracks. The firm has set aside more than $6.34 billion in company funds to cover the stolen assets and is actively buying crypto tokens to recover them.
3 hours ago · Joy Online →
Amansie Community Bank PLC posted profit before tax of more than 73 million cedis in 2025, more than doubling the previous year's 36 million cedis. The bank became the first community bank in the Ashanti region to mobilize one billion cedis in deposits, increasing deposit mobilization by 48 per cent from 687.82 million cedis in 2024.
3 hours ago · Joy Online →
Benjamin Turkson Junior, National Board Chairperson of the Micro Credit Association Ghana, has attributed loan defaults in the microcredit sector to weak risk management systems among lending institutions and has urged financial institutions to strengthen their assessment of borrower creditworthiness. He stated that sound risk management frameworks would help identify reliable borrowers and reduce defaults, while also acknowledging that some borrowers deliberately fail to meet repayment obligations.
8 hours ago · Joy Online →
Jumia Ghana's 14th Black Friday festival begins October 30, 2026, featuring month-long promotions on electronics, fashion, home appliances, beauty products and groceries, with Samsung as headline sponsor and free delivery on selected categories including fashion, home items, and phone accessories.
8 hours ago · Joy Online →
Ghana aims to increase local pharmaceutical production from about 30% to 70% to reduce reliance on imported medicines and strengthen medicine security. The government plans to establish a pharmaceutical innovation park with shared utilities and quality-control labs, though manufacturers cite access to funding as a major barrier to expansion.
9 hours ago · Joy Online →
Financial economist Dr. Razak Opoku has praised KGL Group's continuous growth, arguing it benefits Ghana through revenue to the National Lottery Authority and Ghana Revenue Authority, and investment in sports and entertainment. He also commended President Mahama for not succumbing to what he characterizes as propaganda calling for abrogation of the NLA–KGL contract.
9 hours ago · Joy Online →
Lexta Ghana says product samples submitted to the Ghana Standards Authority for microbiological assessment met acceptable limits under Ghana Standard GS 1248:2019, covering samples associated with consumer complaints and selected batches. The company acknowledged that consumer satisfaction extends beyond laboratory results and said it continues to review and improve products in areas of breathability, design, fit and comfort.
9 hours ago · Joy Online →
The Council for Scientific and Industrial Research has called for an immediate shift from basic scientific research toward scalable, market-ready products and services at its maiden National Scientific Conference in Accra, bringing together 321 participants from government, industry, and academia to present 194 scientific papers across seven development-focused themes.
10 hours ago · Joy Online →
Swiss Group Limited, the official Jetour and Soueast distributor in Ghana, introduced two new vehicle models—the Jetour G700 luxury SUV and F700 hybrid off-road pickup truck—at the Swiss Auto Expo 2026, emphasizing brand-building and after-sales customer support.
10 hours ago · Joy Online →
Vivo Energy Ghana PLC won four major awards at the National PR and Communications Excellence Awards by the Institute of Public Relations, Ghana, including Best PR Organisation of the Year – Energy and Utilities, Best PR Organisation of the Year – Commercial, and double recognition for its She'llFix initiative as Best Promotional Event and Best PR Campaign of the Year.
11 hours ago · Joy Online →
Societe Generale Ghana has rewarded four customers with GH₵10,000 each in the first mini draw of its 2026 Deposit & Win Promo, which runs until December 2026 and culminates in a grand draw with a GH₵200,000 prize for one customer.
13 hours ago · Joy Online →
Multimedia Group Limited and Influencer Africa have brought together Ghana's prominent social media influencers and content creators to feature on selected programmes across the group's radio and television platforms, aiming to strengthen the relationship between mainstream media and Ghana's digital content creation industry.
13 hours ago · Joy Online →
Absa Bank Ghana has introduced Instant Loans, allowing eligible salaried customers to borrow up to GH¢350,000 through digital banking platforms with pre-approved offers and immediate fund access, requiring no collateral or guarantor.
14 hours ago · Joy Online →
The chairman of the Agricultural Development Bank's staff union noted that while the bank's total assets expanded from GH¢734.6 million in 2009 to GH¢1.789 billion in 2025, it accumulated losses of approximately GH¢2.056 billion by 2024, though 2025 results showed improvement with a net profit of GH¢367.3 million and accumulated losses reduced to GH¢1.747 billion.
14 hours ago · Daily Guide →
Cryptocurrency exchange Binance disclosed that $6.3bn in digital assets were compromised in what is suspected to be the largest crypto hack on record, with about half of the assets frozen and the remainder in hackers' hands. Two analytics firms have attributed the incident to a North Korean hacking unit known as Lazarus Group or TraderTraitor, eclipsing a $1.5bn Bybit hack in 2025.
14 hours ago · Joy Online →
Sankofa Job, a free employment platform built by Ghanaian company G&T Prestige Ltd, has launched across all 16 regions of Ghana and connects job seekers with employers regardless of education or qualifications, using Ghana Card verification for safety. About one in three young Ghanaians aged 15 to 24 seeking work cannot find employment, according to the Ghana Statistical Service.
16 hours ago · Joy Online →
The Ghana Revenue Authority has been named PR Organisation of the Year 2025 in the Public Sector Category at the Institute of Public Relations, Ghana Excellence Awards, recognizing its commitment to professional public relations and strategic communication. The award was presented at the 2026 National PR Summit in Koforidua.
16 hours ago · The Ghanaian Times →
MTN Ghana is investing US$1.1 billion over the next three years to expand network infrastructure, improve service quality, and extend connectivity to underserved communities. The company plans to deploy 500 new cell sites this year, with about US$380 million earmarked for 2026 to strengthen network capacity and resilience.
16 hours ago · The Ghanaian Times →
Ghana Water Limited's Accra West Region honoured GIHOC Distilleries and KANE-EM Limited for timely bill payment during Customer Service Month. The recognition emphasised the importance of prompt payments in sustaining the utility's operations and maintaining strong service provider–customer relationships.
17 hours ago · The Ghanaian Times →
Telecel Ghana marked World Sustainability Day as a premium partner at the Ghana National Climate & ESG Policy Summit 2026, where company leaders discussed integrating sustainability into network operations, products, and workplace culture. A Telecel executive called for sustainability concepts to be simplified and translated into practical actions that organisations and individuals could understand and adopt.
17 hours ago · The Ghanaian Times →
Youth from Amansie South and Amansie West districts are benefiting from a Community Skills and Apprenticeship Programme by Asanko Gold Ghana Ltd, with training in welding, electrical work, heavy equipment operation, and other technical fields. A total of 71 beneficiaries graduated after one year of training, with about 40 gaining full-time employment with Asanko and its business partners, while a further 75 participants have been inducted into Cohort Two.
20 hours ago · Joy Online →
Desmond Darko, now CEO of Young Dee Group and owner of three fuel stations, credits a conversation with Springfield Group CEO Kevin Okyere at a Shell station with inspiring him to transition from employee to business owner. Okyere's encouragement to consider filling station ownership prompted Darko to register his company and approach Shell about taking over a station.
20 hours ago · Joy Online →
Ghana's National Petroleum Authority says the monthly LPG import tender programme fixes import prices for one month, allowing local prices to fall or rise independently of international market fluctuations, depending on the price secured for each cargo.
20 hours ago · Joy Online →
Absa Group, one of South Africa's largest banks, has opened its first Gulf office in Dubai to connect Gulf-based corporates, investors and institutions with Absa's operations across 16 African markets. The office, licensed by the Dubai Financial Services Authority in July, will not lend from its own balance sheet and joins other South African banks in establishing a presence in Dubai to tap growing trade and investment flows between the Middle East and Africa.
21 hours ago · Joy Online →
Desmond Darko, CEO of Young Dee Group, attributes his rise from helping his mother sell roadside plantain and working various jobs to becoming a fuel retailer with three stations to persistence and willingness to seize opportunities. After deciding not to continue formal education due to struggles with a science course, he worked in hunting, shoemaking, construction, food vending and as a pump attendant before building his fuel retail business.
22 hours ago · Joy Online →
Ghana's LPG prices are falling despite rising international prices because the country secures its monthly LPG cargo through a tender programme that locks in the import price for that month, shielding consumers from immediate global price shifts. The National Petroleum Authority says Ghana imported its current cargo at a lower price before global prices rose, explaining the domestic price drop.
22 hours ago · Joy Online →
The Bank of Ghana Governor says falling lending rates (from 30.25% in December 2024 to 15.78% in September 2026) and stronger private sector credit growth (from 0.20% to 26.42%) are creating improved conditions for businesses to access financing and expand operations, particularly benefiting young people seeking employment or starting businesses.
30 October 2026 · Joy Online →
The Governor of the Bank of Ghana called for a dedicated digital platform to make official statistics more accessible in machine-readable formats, enabling researchers, policymakers and businesses to use artificial intelligence and machine learning to identify economic trends. He emphasized that accurate and timely statistics are essential to the central bank's work in setting monetary policy and regulating the financial sector.
30 October 2026 · Joy Online →
Major fuel importers have prioritised Ghana's fuel needs over exports to neighbouring countries, according to the Ghana Chamber of Bulk Oil Distributors' Chief Executive Officer, who assured that supplies would remain available through December.
30 October 2026 · Joy Online →
The Ghana Chamber of Bulk Oil Distributors' CEO says members are maintaining ethical standards and not increasing prices on existing stocks to finance the next consignment, while self-regulating to protect consumers and ensuring steady supplies.
29 October 2026 · Joy Online →
Leonant Yert Ltd has been named the "Most Outstanding Public Relations Agency" for the 2025 review period at the 2026 Institute of Public Relations PR Ghana Excellence Awards, marking its second consecutive win of the award after also winning in the 2023-2024 review period.
29 October 2026 · Joy Online →
The CEO of the Ghana Chamber of Bulk Oil Distributors says cargo arrangements are locked in through December and Ghana will not experience fuel queues, with bulk oil distributors prioritizing domestic supply over exports.
29 October 2026 · Joy Online →
Ghana's Cabinet has approved a new textile and garment policy targeting $1.2 billion in investment and 150,000 direct and indirect jobs over the next decade, while aiming to expand the industry from $400 million to $2 billion and revive domestic cotton production across 50,000 hectares.
29 October 2026 · Joy Online →
Binance froze around $3bn in digital assets to prevent theft while investigating a security issue, temporarily suspending deposits and withdrawals. Other platforms Tether and Circle also froze approximately $2.4bn in response, while crypto experts estimate the actual theft at over $5bn.
29 October 2026 · Joy Online →
The Governor of the Bank of Ghana has called for an electronic portal to provide national statistical data in machine-readable formats for researchers, academics, and policymakers to apply AI and advanced analytical tools. He commended the Ghana Statistical Service's Ghana in Numbers 2025 report, saying improved access to reliable statistics would strengthen evidence-based decision-making and understanding of the country's socio-economic conditions.
29 October 2026 · The Chronicle →
DoorDash will acquire grocery delivery firm Instacart in a $17bn deal expected to close in about a year, creating a combined service that will expand customer access to meals, quick-need purchases, and weekly grocery shops. The companies said the acquisition will increase Instacart shoppers' access from 100,000 to 150,000 stores and allow DoorDash to expand beyond restaurants into retail.
29 October 2026 · Joy Online →
The government has launched the Cabinet-approved Ghana Pharmaceutical Manufacturing Policy to double domestic medicine production, address dependence on imports (which account for 70% of medicine supply), and increase locally manufactured medicines' share of the domestic market from 30% to 60%. The policy, announced by the Trade Minister, provides a coordinated framework covering investment, regulation, public procurement, skills development, and regional trade.
29 October 2026 · Joy Online →
Ghana's Deputy Minister for Trade, Agribusiness and Industry urged Polish and European businesses to invest in the country, citing democratic stability, the rule of law, a growing middle class, and Ghana's role as host of the AfCFTA Secretariat as advantages for accessing the wider African market of 54 countries.
29 October 2026 · Joy Online →
African business leaders remain confident about growth prospects, with 79% confident in their own organisations' growth and 86% reporting revenue growth in their latest financial year, according to the 2026 KPMG Africa CEO Outlook. However, only 58% expect annual earnings growth of at least 2.5% over the next three years, suggesting challenges in converting revenue gains into sustained profitability.
29 October 2026 · Joy Online →
MTN Ghana reported a profit before tax of GH¢11.3 billion for the first nine months of 2026, a 51.8% increase from GH¢7.4 billion in the same period last year, with total revenue reaching GH¢23.2 billion (up 35.7% year-on-year).
29 October 2026 · Joy Online →
Maven Communications is hosting the fifth edition of the Ghana Corporate Brands Conference and Honours, bringing together C-suite executives, brand and marketing leaders, and policymakers to discuss emerging branding trends, reputation management, and the role of technology in shaping public perception in Ghana's business environment.
29 October 2026 · Joy Online →
Ghana is reviewing its National Employment Policy to identify opportunities for creating decent jobs through the transition to a greener economy. A validation workshop examined findings on green employment diagnostics and recommended ways to address youth unemployment, skills mismatches, informal employment, and digital transformation challenges.
29 October 2026 · Joy Online →
Petrol prices are expected to drop by 3.35% per litre from November 1, while diesel prices will rise by 1.50%, according to the Chamber of Oil Marketing Companies. The mixed outlook reflects movements in international petroleum prices, cedi appreciation, and government-industry support that moderates diesel increases.
29 October 2026 · Joy Online →
Government Statistician Dr Alhassan Iddrisu says only 7.7% of Ghana's 2.64 million businesses operated formally in 2024, with micro enterprises accounting for about 90% of all businesses. Although unemployment fell from 14.6% in 2023 to 12.8% in 2025, more than 70% of jobs remained informal.
29 October 2026 · Joy Online →
Gaming company Nsaa Play has unveiled Chop Money, a mobile raffle platform allowing Ghanaians to enter prize draws for GHS5 per ticket through USSD dial *2727# or website, with the first raffle opening in November 2026 and winners drawn on December 4. The platform has received approval from the National Lottery Authority to operate.
29 October 2026 · Joy Online →
Energy Minister Dr John Abdulai Jinapor has sworn in a new Board of BOST Energies Limited, with Moses Bukari Mabengba as chair and Afetsi Awoonor as Managing Director. The minister charged board members to strengthen corporate governance, improve operational efficiency, and ensure the company fulfils its strategic role in fuel supply and petroleum stock management.
29 October 2026 · Joy Online →
MTN Ghana is extending its National Business Pitch competition to all 16 regions, selecting 48 SMEs with three from each region, offering a GH¢300,000 national grand prize and GH¢30,000 regional prizes. The company says the expansion recognizes SMEs' role in job creation and economic growth.
29 October 2026 · Joy Online →
Ghana is developing local capacity to manufacture active pharmaceutical ingredients to reduce dependence on imported drugs, with about 70 per cent of medicines currently imported. A proposed 2,000-acre Legon Pharmaceutical Innovation Park under the 24-Hour Economy Programme is expected to support pharmaceutical manufacturing, research, diagnostics, and medical-device production.
29 October 2026 · Joy Online →
Ghana's National Vaccine Institute CEO declared the pharmaceutical industry has entered a "golden era" as the government launched the Ghana Pharmaceutical Manufacturing Policy on October 28, 2026, aimed at transforming Ghana into a continental hub for medicine and vaccine manufacturing. The policy addresses financing challenges facing local manufacturers, including support for private manufacturers Atlantic Lifesciences and DEK Vaccines Ltd, which require at least $100 million to build and equip their plants.
29 October 2026 · Joy Online →
At the 5th Ghana CEO Vision Expo, executives called for increased private sector participation in the government's reset agenda, emphasising local production, innovation and digital finance, and plan to submit practical recommendations to the Presidency.
29 October 2026 · Joy Online →
Alhaji Seidu Agongo has begun distributing 10,000 free sewing machines to vulnerable women and youth nationwide, urging young Ghanaians to match their talents with hard work. The initiative, implemented with the National Entrepreneurship and Innovation Programme, aims to empower beneficiaries with skills and tools to start or expand tailoring enterprises.
29 October 2026 · Joy Online →
Apple announced its first-ever MacBook Pro with a touchscreen, the PROLED XDR Display model, launching November 6 in 14-inch and 16-inch versions starting at $2,899 and $3,399 respectively. The company is targeting creative professionals and app developers with features like drag-and-drop slide presentations, direct app testing, and tools for designers and musicians.
29 October 2026 · Joy Online →
The Governor of the Bank of Ghana says average lending rates declined from 30.25% in December 2024 to 15.7% in September 2026, while private sector credit growth reached 26.4%. He attributed the improvements to gains in macroeconomic stability, noting that inflation remained in single digits for 13 consecutive months and the exchange rate remained relatively stable.
29 October 2026 · Joy Online →
Reconstruction of the first section of the 19.5-kilometre Accra-Tema Motorway is 53 per cent complete, with work funded by A.T. Expressway Limited estimated at US$339 million and scheduled for completion in August 2027. The 27.7-kilometre corridor project includes a 10-lane highway, interchange reconstructions, toll plazas, and footbridges designed to ease congestion and improve road safety.
29 October 2026 · The Ghanaian Times →
Ghana's Securities and Exchange Commission will host the Africa Virtual Asset Summit on November 2–3, 2026, in Accra, bringing together regulators, policymakers and industry leaders to advance virtual asset regulation across Africa under the theme of tokenisation. The summit aims to produce the Accra Declaration, a shared set of principles to guide responsible development of virtual assets, with focus on unlocking value in gold, real estate, cocoa, bonds and trade receivables.
29 October 2026 · Daily Guide →
The Professional and Managerial Staff Union of Agricultural Development Bank has raised concerns about proposed share disposals in the bank, warning that decisions threatening jobs or weakening its agricultural mandate could undermine the institution. The union chairman called on government, the Bank of Ghana, ADB's Board and management to prioritise recapitalisation and sound corporate governance, and demanded transparency and independent valuation for any strategic transactions.
29 October 2026 · Daily Guide →
A First National Bank executive warns young people against treating financial windfalls from inheritance, gifts, or prizes as immediate spending opportunities, recommending instead that they develop a structured financial plan and avoid major decisions for six to 12 months after receiving windfall funds.
29 October 2026 · Daily Guide →
Ghana recorded 2.64 million business establishments in 2024, with 92% operating informally and 9 in 10 classified as micro businesses, according to the Ghana Statistical Service. Though business establishments nearly tripled between 2014 and 2024, they have grown faster than job creation, with more than 7 in 10 jobs remaining informal.
29 October 2026 · Joy Online →
Former EPA Executive Director Dr Henry Kwabena Kokofu says the authority gave Empire Cement Ghana Limited three months in 2023 to prepare a relocation plan after concerns about its facility's proximity to the Densu Delta Ramsar Site, though the process stalled when the company sought ministerial intervention.
29 October 2026 · Joy Online →
The Ghana Grid Company Limited has finished 70% of the upgrade of the 161kV Anwomaso–Ahodwo transmission line in Kumasi, with planned power interruptions from Friday, October 30, to Sunday, November 29 (excluding weekends, 9am–5pm) as engineers complete remaining work on stringing conductors. The project, expected to finish by end of November 2026, aims to improve electricity supply reliability in Kumasi and surrounding communities.
29 October 2026 · Joy Online →
MTN Ghana has awarded scholarships to 500 students and teachers (300 tertiary students and 200 teachers) under its Bright Scholarship Programme; each scholarship covers tuition, accommodation, a laptop and a stipend, and was selected from 5,194 applicants.
29 October 2026 · Daily Guide →
Takoradi MP Kwabena Okyere Darko-Mensah has called for innovative approaches to job creation through technology, arguing that government employment alone cannot absorb growing numbers of job seekers. He cited Japan and Singapore as examples and urged youth-focused employment programmes that equip young people with skills in emerging technology-driven industries.
29 October 2026 · Daily Guide →
Francesca describes her journey growing a shea butter and organic skincare business that works with 600 women producers in northern Ghana, and highlights challenges including access to finance and gender bias in banking.
29 October 2026 · The Chronicle →
SanlamAllianz insurance has opened the second edition of its PROUD Moments campaign, inviting Ghanaians to nominate themselves or others for celebrating everyday achievements and meaningful contributions. Participants can enter by posting a video on Instagram mentioning @sanlamallianzghana and using #PROUDMomentsGH, with entries closing on 13th November 2026; winners receive a PROUD box worth GHS 5,000.
29 October 2026 · Joy Online →
The CEO of PETROSOL Platinum Energy PLC, addressing Ghana's National Chamber of Commerce and Industry, called on government to protect economic recovery through consistent policies, prudent spending, and support for indigenous businesses, cautioning that improving indicators signal recovery has started but not that the economy has fully recovered.
29 October 2026 · Joy Online →
Acting Board Chairman Charles Owusu-Aduamere said Twifu Community Bank PLC recorded significant growth in total assets, deposits, investments, net advances, and profit in 2025, while strengthening its capital position and aligning operations with Bank of Ghana reforms aimed at improving governance and financial sustainability in the rural banking sector.
29 October 2026 · The Chronicle →
The Ghana Airports Company Limited (GACL) celebrated its 20-year anniversary, highlighting its role in airport infrastructure development, trade facilitation, and tourism promotion across Ghana's multi-airport system. The company's Managing Director said GACL has maintained safe and efficient operations while managing the Kotoka International Airport Terminal Three development and upgrades to airports in Tamale and Kumasi.
29 October 2026 · The Chronicle →
Absa Bank Ghana held its annual Wow October customer service programme featuring health screenings at multiple branches, a business expo at Absa Place to help customer businesses showcase products, branded items for visitors, and recognition of employees for customer service excellence.
29 October 2026 · The Ghanaian Times →
Agricultural Development Bank recorded a profit before tax of GH¢478.5 million for the nine months ended September 30, 2026, up from GH¢447.5 million in the same 2025 period, while customer deposits grew 19.5% to GH¢15.36 billion and its Capital Adequacy Ratio rose significantly to 27.41%.
29 October 2026 · Joy Online →
The Agricultural Development Bank's Managing Director Edward Ato Sarpong says effective leadership, sound management, and strong structures are essential to supporting the bank's performance. He noted that while the macroeconomic environment has improved, ADB must strengthen internal systems and resolve structural problems, with potential to grow from current 400 million profit to one billion.
29 October 2026 · The Ghanaian Times →
President John Dramani Mahama expressed optimism that Ghana's national airline would be operational before the end of his tenure, describing the effort as part of government's broader modernisation of the transport sector to improve connectivity and support economic activity.
29 October 2026 · The Ghanaian Times →
VAST Ghana has called on the Finance Ministry to reconsider removing the 20 per cent excise tax on locally produced fruit juices under the Excise Tax Act 2026, warning that the exemption could undermine public health objectives and weaken efforts to prevent non-communicable diseases. The group expressed concern that the tax cut could jeopardise the sustainability of the Ghana Medical Trust Fund and Free Primary Health Care Policy.
29 October 2026 · Joy Online →
NPP 2028 flagbearer Dr Mahamudu Bawumia has called for the abolition of a proposed pre-shipment inspection requirement for imported vehicles following a meeting with the Vehicles and Assets Dealers Union of Ghana, which raised concerns including high import duties, port delays, and unfair foreign competition.
29 October 2026 · Joy Online →
Karpowership committed GH¢210,550 for 63 engineering students' tuition at Takoradi Technical University for 2026/2027, and added Petroleum Engineering to its scholarship scheme established in 2022, which has graduated 78 beneficiaries to date.
29 October 2026 · Joy Online →
Microsoft reported quarterly profits exceeding $36.6 billion and revenue of $92.3 billion, up 19% year-on-year, driven by cloud computing growth, days after announcing plans to offer buyouts to around 60,000 workers as it invests heavily in artificial intelligence infrastructure.
28 October 2026 · Joy Online →
The Bono East Regional Minister pledged the Regional Coordinating Council's full commitment to work with the Ghana Free Zones Authority to boost investments and economic growth. The engagement marked the establishment of the first Free Zones Office in Bono East since the region was created in 2018.
28 October 2026 · Joy Online →
Ghana has signed a Memorandum of Understanding with Russia's Republic of Tatarstan to facilitate employment opportunities for Ghanaian citizens under the Alabiga Start programme, with the agreement also covering business collaboration, academic research, and cultural exchanges. The Labour Minister said the arrangement would provide Ghanaians access to jobs with competitive salaries, accommodation, and residence permits, with government commitment to protect workers' rights and conditions of service.
28 October 2026 · Joy Online →
The government is urging Ghanaian businesses to prepare for the EU's Carbon Border Adjustment Mechanism (CBAM), which entered its definitive regime on January 1, 2026, with carbon-related requirements for selected goods imported into the European Union. Minister Seidu Issifu says manufacturers and exporters must strengthen emissions reporting and adopt cleaner production methods to maintain competitiveness and access to international markets.
28 October 2026 · Joy Online →
Ghana's Presidential Coordinator for the Pharmaceutical Hub announced the Cabinet-approved Pharmaceutical Manufacturing Policy, which aims to increase domestic medicine production and reduce import dependence by addressing challenges in finance, infrastructure, raw materials, skills, and investment incentives.
28 October 2026 · Joy Online →
Twenty-six countries have signed the United Nations Convention on Negotiable Cargo Documents at a ceremony in Accra on October 26, 2026, with Ghana as the first signatory. The Convention establishes a harmonised legal framework for negotiable cargo documents across road, rail, air and sea transport, aimed at facilitating international trade, expanding trade finance access and accelerating digitalisation, particularly for SMEs.
28 October 2026 · Joy Online →
The Professional and Managerial Staff Union of Agricultural Development Bank PLC has raised concerns over proposed share disposals, calling for safeguards against job losses and protection of the bank's agricultural mandate. The union does not oppose strategic transactions but demands transparency, independent valuation and clear protections for the national interest.
28 October 2026 · Joy Online →
Telecel Ghana participated as a premium partner in the Ghana National Climate & ESG Policy Summit 2026, where its Head of Sustainability urged organisations to translate sustainability from abstract concepts into practical, understandable actions that reduce costs and improve resilience.
28 October 2026 · Joy Online →
Ghana's Trade Minister Elizabeth Ofosu-Adjare met with Guinea's Trade Minister Aboubacar Kourocuma to discuss strengthening bilateral economic ties, including plans to harmonise standards, renovate Nkrumah's former residence as a tourism site, and support AfCFTA implementation.
28 October 2026 · Joy Online →
Nana Akomea has raised concerns about a National Insurance Commission process requiring vehicle owners to submit Ghana Card details and photographs directly to NIC after paying premiums, saying the additional step is an unnecessary obstacle despite data already being held by insurance companies. He reported repeated failures in submitting his photograph online and expressed uncertainty about his insurance status despite payment.
28 October 2026 · The Ghanaian Times →
Accra-Tema Expressway Limited has launched a website (www.atexpresswayltd.com) to provide the public with regular updates on the ongoing Accra-Tema Motorway and Extensions Project, including construction progress, traffic diversions, and safety advisories. The Chief Resident Engineer disclosed that work on the first section has reached 53 per cent completion, though construction is slightly behind schedule.
28 October 2026 · Joy Online →
The CEO of A.T. Expressway Limited says the Accra-Tema Motorway project, Ghana's first PPP toll road concession under a 30-year arrangement, is expected to establish a new model for financing major infrastructure without placing the entire financial burden on the state.
28 October 2026 · Joy Online →
The first section of the Accra-Tema Motorway and Extensions Project has reached 53 per cent completion 805 days after construction began in August 2024, according to the Chief Resident Engineer of Accra-Tema Expressway Limited. The contractor is being urged to accelerate work to meet the August 2027 completion deadline; the project will include a two-lane expressway, an urban highway with three lanes in each direction, and improvements to four interchanges.
28 October 2026 · Joy Online →
Financial advisors encourage young people receiving windfalls to avoid immediate lifestyle upgrades and instead develop a structured plan that considers short, medium, and long-term financial needs. Experts recommend waiting six to 12 months before making major financial commitments and seeking professional advice.
28 October 2026 · Joy Online →
The Microfinance and Small Loans Centre (MASLOC) has disbursed an initial GH¢4 million to about 200 market traders in Kumasi to expand their businesses. MASLOC's Deputy Director of Operations stated the loans were provided without political considerations and the centre is working to recover outstanding loans from a previous administration.
28 October 2026 · Joy Online →
Ghana's total export earnings increased by 24.8% to US$22.39 billion in the first eight months of the year, driven by higher international commodity prices and volumes, particularly in crude oil and cocoa, while the trade surplus reached US$8.80 billion. Gold export earnings rose 32.9% to US$14.86 billion, though non-traditional exports declined by 3%.
28 October 2026 · Joy Online →
Ghana's composite commodity price index rose 5.6% year-to-date through August 2026, driven by gains in crude oil (42.9%), gold (2.1%), and cocoa (1.5%). Total export earnings increased 24.8% to US$22.39 billion, boosting the trade surplus to US$8.80 billion, though non-traditional exports declined by 3%.
28 October 2026 · Joy Online →
The Food and Beverages sector recorded the highest growth of 431.9% on the Ghana Stock Exchange in the first eight months of 2026, followed by Finance (131.7%) and Agriculture (123.2%). Overall market capitalization stood at GH¢285.58 billion at the end of August 2026, up from GH¢149.59 billion in August 2025, driven by improved corporate earnings, easing inflation, and sustained investor confidence.
28 October 2026 · Joy Online →
Ginny Rice won the Above-the-Line Campaign of the Year 2025 award from the Chartered Institute of Marketing, Ghana for its "Fly Dubai" campaign, which offered consumers who purchased its 4.2kg rice pack a scratch-and-win promotion with the chance to win a trip to Dubai.
28 October 2026 · Joy Online →
Ghana will host the Africa Virtual Asset Summit (AVAS) on November 2–3, 2026, where the Securities and Exchange Commission will convene African regulators, policymakers and industry leaders to advance virtual asset and tokenisation frameworks across the continent, with the aim of producing the Accra Declaration—a shared set of principles to guide responsible development of digital assets.
28 October 2026 · Joy Online →
MTN Group President and CEO Ralph Mupita, visiting Ghana as the company marks 30 years of operations, reaffirmed MTN's commitment to supporting Ghana's digital infrastructure and digital sovereignty through mobile broadband and financial networks. During his visit, Mupita engaged with government stakeholders including the Vice President and Minister of Communication on advancing financial inclusion, connectivity, and digital economy development.
28 October 2026 · Joy Online →
Ghana's National Petroleum Authority has reduced the petrol price floor to GH¢15.39 per litre from GH¢16.09, while raising the diesel floor to GH¢17.41 from GH¢17.09, for the November 1–15 pricing window. The adjustments could lead to lower petrol and LPG prices at the pump, though final retail prices will depend on premiums and margins set by individual oil marketing companies.
28 October 2026 · Joy Online →
The Ministry of Communication and MultiChoice have announced four new DStv subscription packages—Starter, Select, Sports and Ultimate—priced at GH¢50, GH¢100, GH¢250 and GH¢570 monthly, effective November 5, 2026, replacing six existing packages. Communications Minister Samuel Nartey George said the new prices represent lower costs than subscribers paid a year ago and are fixed pending committee review.
28 October 2026 · The Ghanaian Times →
Colgate has launched an eight-week scholarship campaign in partnership with Melcom Supermarkets, running until December 18, 2026, offering GH¢240,000 in scholarships and GH¢120,000 in shopping vouchers. Customers who purchase two participating Colgate products at any of Melcom's 54 stores can nominate a student for the scholarship, with weekly winners selected.
28 October 2026 · The Ghanaian Times →
QNET, an e-commerce direct-selling company, says it is collaborating with the Economic and Organised Crime Office (EOCO) and INTERPOL to investigate and prosecute persons engaging in fraudulent activities in its name. The company has signed a Memorandum of Understanding with EOCO and is working with INTERPOL to identify and apprehend individuals implicated in such activities.
28 October 2026 · The Ghanaian Times →
Ghanaian real estate company Capemay Properties has launched Capemay Futures, an internship and youth development initiative combining classroom learning with practical industry experience through mentorship, site visits, and interactive sessions. The programme offers two pathways—a High School Leadership Programme and a University Internship Programme—to expose students to careers in real estate development, architecture, investment, and finance.
28 October 2026 · Joy Online →
The Western Regional Minister has threatened to terminate TEK Constructions' contract for the Amenfi Central 24-hour market project if work does not accelerate, citing unsatisfactory progress since the contractor moved to site in August. Traditional leaders accompanying the minister have also expressed concern about the slow pace of construction.
28 October 2026 · The Chronicle →
Nigeria's $1.6 billion Dangote refinery IPO has received about three times its targeted orders, with 6.4 trillion naira ($4.78 billion) in subscriptions from Nigerian retail and institutional investors. The offering, which closes Tuesday and targets millions of ordinary Nigerians and Africans with shares starting at $4, has attracted over 2 million investors through digital channels so far and is expected to trigger a greenshoe option to increase the offering to $2.1 billion.
28 October 2026 · Joy Online →
GoldBod injected US$130 million into the forex market in the last three weeks, helping the cedi appreciate 1.20% against the US dollar and pound sterling in the interbank market by fortnight's close, though it remains down 9.0% year-to-date. The board plans to supply US$1.5 billion total—US$1 billion to commercial banks and US$500 million to the central bank—as part of its broader currency stabilisation programme.
28 October 2026 · Joy Online →
Ecobank Group reported profit before tax of US$737 million for the first nine months of 2026, up 12% year-on-year, with net revenue growing 12% to US$2.0 billion, supported by operational efficiency, deposit mobilisation, and technology investments.
27 October 2026 · Joy Online →
Ghana has developed a distinctive form of digital commerce using Instagram, WhatsApp, TikTok, and mobile money, where sellers post products on social media, buyers negotiate via messaging, and dispatch riders handle delivery—bypassing traditional website-based e-commerce infrastructure.
27 October 2026 · Joy Online →
An analysis argues the Ghana Reference Rate's current formula—blending the central bank's policy signal, interbank borrowing, and government investment returns—does not directly measure banks' deposit costs and should be reformed. The article proposes testing a simpler formula that directly includes bank deposit interest costs as a benchmark for credit pricing.
27 October 2026 · Joy Online →
Hubtel, a Ghanaian fintech company, is advocating for an approach to artificial intelligence that prioritizes local data ownership rather than external dependence. Ghana launched a ten-year national AI strategy in 2025 with $270 million in government commitment, and Hubtel presented its perspective on the country's AI journey during a documentary premiere on Joy News.
27 October 2026 · Joy Online →
Ghanaian small and medium businesses should carefully assess whether used pickups and SUVs suit their specific transport needs before purchasing fleet vehicles, as unsuitable models or high maintenance costs can quickly offset bulk discounts. The real value lies in matching vehicle specifications to farming, delivery, or fieldwork conditions and coordinating maintenance with drivers, mechanics, and finance staff.
27 October 2026 · The Ghanaian Times →
Telecel Ghana has awarded a Hyundai Creta to subscriber Eric Ayamgash in the 15th cycle of its Dream Car promotion, which has distributed eight cars and six houses to winners over 15 cycles. The company announced improvements to the 16th cycle, including an additional GH¢100,000 cash prize and a larger car prize.
27 October 2026 · Joy Online →
Trade Minister Elizabeth Ofosu-Adjare announced that Ghana will review its laws to facilitate implementation of the Accra Convention on Negotiable Cargo Documents, which introduces negotiable documents of title for goods in transit and allows businesses to use cargo as collateral for loans. The convention aims to address inequalities in access to credit, particularly for businesses transporting goods by road, and recognises electronic cargo documents as equivalent to paper-based versions.
27 October 2026 · Joy Online →
MoMo Fest 2026 at Baba Yara Sports Stadium in Kumasi brought digital payments to traders and consumers, allowing purchases of food, clothing and other goods via mobile money. The event, supported by Mobile Money Fintech Ltd and MTN, aimed to expand digital financial inclusion and encourage cashless payment adoption at the grassroots level.
27 October 2026 · Joy Online →
Uganda Airlines began scheduled commercial flights to Accra on October 27, 2026, operating four-times-weekly services linking Entebbe, Lagos and Accra. The new route is expected to enhance regional connectivity, trade, investment and tourism between West and East Africa.
27 October 2026 · Joy Online →
Ghana is introducing a collection and monitoring system for VAT on foreign digital services, but this is not a new tax nor a rate increase — VAT on these services has been part of Ghana's law since 2022 and the combined rate remains 20 per cent. The change is only in how the tax is collected, shifting from reliance on foreign companies to self-declare to a new collection mechanism.
27 October 2026 · Joy Online →
Ghana's Prime Building Cost Index increased to 5.1% in September 2026 from 4.6% in August, with plant and equipment costs up 19.1% over the year as the main driver. Material costs rose 6.5% year-on-year while labour costs fell 3.2%.
27 October 2026 · Joy Online →
Hubtel, a Ghanaian fintech company, has developed an approach to AI that emphasizes local data ownership while making intelligence accessible to users. Ghana launched a ten-year national AI strategy in 2025 with $270 million in government commitment, and Hubtel's Head of Engineering shared insights on the country's AI journey during a Digital Economy Forum documentary premiere on Joy News.
27 October 2026 · Joy Online →
The Prime Building Cost Index year-on-year inflation rate was 5.1% in September 2026, up from 4.6% in August, driven largely by plant and equipment costs. While cement and steel prices fell (−6.1% and −8.8% respectively), finishing inputs like plumbing, glazing, and tiles rose significantly.
27 October 2026 · Joy Online →
The Agricultural Development Bank is targeting annual profit of GH¢1 billion as it focuses on improving staff productivity, strengthening operational structures, and reducing its non-performing loans ratio to 45 percent by year-end. The Managing Director said the bank currently generates about GH¢400 million in profit and aims to resolve structural problems to reach its profit target.
27 October 2026 · Daily Guide →
Digital entertainment platforms including online casinos are optimizing for mobile-first design with larger buttons, faster page loading, and clean menus to compete for attention alongside streaming services and other apps.
27 October 2026 · The Ghanaian Times →
GCB Bank and UnionPay International have partnered to issue UnionPay debit and prepaid cards that enable customers to make payments directly in Chinese renminbi, marking UnionPay's first RMB payment card for direct clearing and settlement. The initiative responds to growing trade and travel between Ghana and China, with bilateral trade reaching US$14.1 billion in 2025.
27 October 2026 · The Ghanaian Times →
The Managing Director of Tema Oil Refinery says the refinery's restoration to production has created 1,657 permanent and temporary jobs, including 415 young engineers in permanent positions, plus about 6,500 indirect jobs in the downstream petroleum sector.
27 October 2026 · The Ghanaian Times →
Canal+ and MultiChoice Ghana have replaced six DStv subscription packages with four new ones — Starter, Select, Sports and Ultimate — priced at GH¢50, GH¢100, GH¢250 and GH¢570 a month respectively, following government engagement aimed at making pay television more affordable and discouraging piracy.
27 October 2026 · Joy Online →
Tema Oil Refinery Managing Director Edmond Kombat told the IMF that its past prescriptions for state-owned enterprises "haven't helped" developing countries, and noted that the Fund appears to be revising its approach. He said Ghana's state entities are now functioning profitably under President John Dramani Mahama.
27 October 2026 · Joy Online →
The president of Ghana's Chamber of Digital Assets and Blockchain Innovations has launched two books on digital asset regulation to inform policy decisions in Ghana and West Africa. The books examine regulatory frameworks across multiple regions and present policy findings and options for Ghana to consider.
27 October 2026 · Joy Online →
The Managing Director of Tema Oil Refinery told the IMF at a Government Accountability Series press conference that the Fund's long-standing advice to developing countries on state-owned enterprises "hasn't helped" and that Ghana's state entities are now operating profitably under President John Dramani Mahama.
27 October 2026 · Joy Online →
Yellow Card, a fintech company, won Gold in the Diamond category—the programme's highest honour—at the 2026 Money Awards in Las Vegas, recognising transformative achievements in the global financial technology industry. The award marks the company's second consecutive recognition at the global fintech awards.
27 October 2026 · Joy Online →
Apple says it will replace iPhone Duo foldable handsets that developed screen problems shortly after launch, with some users reporting lines and cracks on the inner display. The company said the issue affects "a small number" of units but did not specify how many devices were affected.
26 October 2026 · Joy Online →
AI developer Anthropic plans a US stock market listing on Nasdaq under the symbol ANT, with a valuation expected to exceed SpaceX's $1.8 trillion, while warning in regulatory filings that AI systems pose "catastrophic or existential risks to humanity." The company reported $16.3bn in first-half revenue against losses exceeding $80.7bn, and will become the first fully AI-focused company to go public.
26 October 2026 · Joy Online →
Atwima Kwanwoma Community Bank PLC posted profit after tax of GH¢44.2 million for the year ended December 31, 2025, a 17.33 per cent increase, driven by prudent lending, efficient loan recovery and improved service delivery. The bank's loans and advances surged 75.30 per cent to GH¢179.2 million, total assets grew 30.80 per cent to GH¢945.4 million, and deposits increased 28.68 per cent to GH¢762 million.
26 October 2026 · Joy Online →
GCB Bank has partnered with UnionPay International to introduce Ghana's first Renminbi debit and prepaid cards, allowing customers to make payments directly in Chinese currency without intermediate conversions. The cards will enable Ghanaian businesses and travellers to make transactions in China amid bilateral trade reaching US$14.1 billion in 2025.
26 October 2026 · Joy Online →
The Ghana Tourism Authority has closed several unregistered accommodation facilities in Kasoa for operating without the required licences under the Registration and Licensing of Food, Beverage and Entertainment Enterprises regulations. The GTA warned that operators who reopen without registration and licensing face prosecution.
26 October 2026 · Joy Online →
Four stars—KiDi, Nana AmaMcBrown, Giovanni Caleb, and Stonebwoy—have been unveiled as Community Captains for the Indomie Yi WoDeɛ National Consumer Promo, running from October 15, 2026 to January 15, 2027, with each championing causes focused on women and children while consumers enter codes to support their chosen celebrity and compete for GH¢4 million in rewards.
26 October 2026 · Daily Guide →
Ekumfi Fruits & Juices has leveraged approximately $6 million in Ghana EXIM Bank participation to build an industrial enterprise valued at $53 million, including a modern fruit-processing facility and Ghanaian juice brands. With the government's abolition of the 20% excise duty on local fruit juices and the Feed the Industries Programme, the company is positioned for potential annual turnover of $48 million and expansion into a 24-hour production model.
26 October 2026 · Joy Online →
MultiChoice Ghana unveiled four new DStv subscription packages taking effect November 5, 2026, offering monthly prices from GH¢50 (90 channels) to GH¢570 (premium sports and entertainment), designed to provide flexible options suited to different budgets and viewing preferences.
26 October 2026 · Joy Online →
Tema Oil Refinery's managing director reports the refinery was near total collapse upon his January 2025 appointment, with GH¢10 billion in accumulated losses, debt of $517 million, and two major production units non-functional since 2019 and 2021 respectively.
26 October 2026 · The Ghanaian Times →
Tema Oil Refinery has returned to profitability after ten years, recording a profit before tax of GH¢1.24 billion in 2025, according to Managing Director Edmond Kombat. The refinery also reduced trade and other payables from GH¢7.1 billion to GH¢5 billion in a single year and completed audited accounts for 2019 to 2025.
26 October 2026 · The Ghanaian Times →
Environment, Science and Technology Minister Zanetor Agyeman-Rawlings has warned that Ghana risks industrial stagnation if universities and research institutions fail to translate scientific discoveries into practical solutions for businesses and industry, citing a disconnect between academic research and commercial application that limits the country's ability to turn scientific knowledge into industrial growth and economic development.
26 October 2026 · Joy Online →
Republic Bank (Ghana) PLC received recognition in the Climate Finance category at the WSBI-ESBG SDG Awards in Bangkok for its investment in mechanized borehole projects at four locations in Ghana—two senior high schools in the Volta Region, and sites in the Upper East and Northern regions—delivered through its Power to Make a Difference initiative to support clean water access and Sustainable Development Goal 6.
26 October 2026 · Joy Online →
Ghana's micro, small, and medium enterprises, which constitute over 90% of registered businesses and contribute roughly 70% of GDP, face a $4.8 billion annual financing gap with over 90% locked out of formal credit. New fintech platforms like iSmart and Korba are building digital credit infrastructure to serve this market despite Ghana's strong mobile money transaction volumes.
26 October 2026 · Joy Online →
The Tema Oil Refinery reported a profit before tax of GH¢1.24 billion in 2025, its first profitable year in a decade, attributed to prudent management and improved commercial operations. The refinery reduced trade and other payables from GH¢7.1 billion to GH¢5 billion and cut receivables days from 1,099 to 652.
26 October 2026 · Joy Online →
The Chartered Institute of Credit Management, Ghana, is calling for more flexible lending conditions, increased credit capital and stronger financial literacy programmes to improve access to finance for small and medium-sized enterprises and informal-sector operators, citing stringent collateral requirements and high interest rates as barriers, particularly in rural communities.
26 October 2026 · Joy Online →
African Export-Import Bank delivered satisfactory financial performance for nine months to September 2026, with net income rising 24% to US$813.5 million, while total assets and contingencies grew 12% to US$54.1 billion, supported by expansion in its lending portfolio.
26 October 2026 · Joy Online →
Toyota Tsusho Manufacturing Ghana has launched the ninth-generation Hilux and new Land Cruiser FJ, with investment in new equipment and workforce training to support local assembly operations. The company has assembled the Hilux in Ghana for four or five years and sees potential for developing local component manufacturing to expand employment and economic growth.
26 October 2026 · Joy Online →
The Chartered Institute of Bankers Ghana and Ghana Investment Support Programme held a two-day workshop in October 2026 for SME portfolio managers from banks across Ghana to strengthen their capacity in assessing and financing small and medium-sized enterprises using contemporary approaches beyond traditional credit criteria.
26 October 2026 · Joy Online →
OmniBSIC Bank Ghana Limited received the African Banking Excellence Award for Growth, Innovation and Customer Value at the 12th International Forum on African-Caribbean Leadership in New York, recognising the bank's outstanding performance in growth and customer value. The bank's 2025 financial results showed total assets more than doubled to GH¢21.58 billion, deposits reached GH¢16.56 billion, and profit before tax rose 104 percent to GH¢641 million.
26 October 2026 · Joy Online →
PwC's Global Infrastructure Outlook projects that by 2050, infrastructure will be shaped by electrification, data, automation and circular resource flows, with roads supporting autonomous vehicles and airports becoming predictive hubs. The report emphasizes that consistent, medium- to long-term investment planning is essential, as "boom-and-bust" funding cycles weaken delivery capacity, and technology is now core to infrastructure integration.
26 October 2026 · Joy Online →
Tema Oil Refinery's recovery has boosted Burkina Faso's petroleum product movements through Ghana from 15 per cent in 2024 to 40 per cent, according to TOR's Managing Director, reflecting improved collaboration among petroleum sector institutions and strengthening Ghana's regional fuel supply role.
26 October 2026 · Joy Online →
PwC Global Infrastructure Outlook projects aggregate annual spending across Ghana, Kenya, Nigeria, and South Africa will increase from $54 billion in 2024 to $96 billion in 2050. Africa is expected to experience the fastest annual growth in infrastructure spending of any region, driven by demographic change and urbanisation, with transport infrastructure projected to more than double.
26 October 2026 · Joy Online →
Tema Oil Refinery has completed audited financial statements covering 2019 to 2024, ending six consecutive years without completed audited accounts. The refinery submitted seven audited financial reports to the State Interests and Governance Authority, restoring its financial reporting obligations to date.
26 October 2026 · Joy Online →
The Tema Oil Refinery's recovery programme has created 1,657 permanent and temporary jobs directly and engaged more than 6,500 indirect and temporary workers during turnaround maintenance, according to Managing Director Edmond Kombat. The positions include 415 young engineers in permanent roles, temporary workers on maintenance units, and employees hired through local contractors.
26 October 2026 · Joy Online →
The Tema Oil Refinery's Managing Director disclosed that when the current management assumed office in May 2025, TOR had accumulated losses of approximately GH¢10 billion and debt of about US$517 million, alongside a negative equity position of GH¢7.6 billion by end-2024. He attributed the deterioration to prolonged operational shutdowns, outstanding statutory obligations, and growing liabilities, noting that key production units had been inactive since 2019–2021 and audited financial statements had not been filed for six years.
26 October 2026 · Joy Online →
Tema Oil Refinery aims to increase crude-processing capacity from 28,000 to between 45,000–55,000 barrels per stream day, with engineers completing work on the F-61 crude heater as part of operational recovery efforts.
26 October 2026 · Joy Online →
Social commerce company IGNITE has appointed Ghanaian media entrepreneur Bola Ray to its newly formed Global Advisory Board, as part of an expansion aimed at connecting African micro-entrepreneurs and digital creators to global social commerce networks. The company unveiled four core product lines and said its model provides training, digital tools and consumer products to micro-entrepreneurs and brand affiliates.
26 October 2026 · Daily Guide →
Researchers at the Bank of Ghana have proposed e-Inflation, an AI-powered framework that uses Big Data to collect price information from websites and estimate inflation in real time. The system aims to provide timely inflation estimates ahead of official releases and preliminary results suggest it can estimate current inflation rates more accurately and at a lower cost.
26 October 2026 · Joy Online →
As the year approaches its final weeks, CEOs should examine financial outcomes, operational effectiveness, customer satisfaction, employee performance, and progress against strategic objectives to understand why results occurred and determine what must change to improve future performance. The purpose is to recognize what worked, understand performance gaps, and take corrective action while there is still time to influence year-end results.
26 October 2026 · Joy Online →
MTN Ghana has given cash prizes to over 30,000 customers and awarded nine subscribers brand-new Toyota Land Cruiser Prados as part of its 30th anniversary celebrations. Customers earned rewards points through regular use of MTN services, with top scorers selected for monthly car prizes and others receiving cash.
26 October 2026 · Joy Online →
The Customs Division of Ghana's Revenue Authority has urged importers, exporters and trade actors to minimise documentation errors, warning that inaccurate or incomplete declarations delay Customs processing and increase business costs. Recurring problems include missing supporting documentation, data-entry errors in vehicle specifications, incomplete certificates of origin, and incorrect invoices and bills of lading.
26 October 2026 · Joy Online →
An analysis argues the Ghana Reference Rate, which sets the baseline for business lending rates, should be reformed because it currently blends the central bank's policy rate, interbank borrowing, and government investment returns without directly measuring banks' deposit costs. The article calls for a review of the benchmark's formula weights and testing whether including banks' deposit interest costs would better reflect actual financing conditions.
26 October 2026 · Joy Online →
The Securities and Exchange Commission's Director-General has urged the public to avoid investing in unlicensed financial institutions promising unusually high returns, and to verify companies' licensing status before investing. He warned that thousands of families have lost savings through such schemes and that high returns do not guarantee investment security.
26 October 2026 · The Ghanaian Times →
Ghana's stock market shed GH¢4.54 billion in market capitalisation last week as both major indices fell and trading activity weakened, though year-to-date gains remained substantial.
26 October 2026 · The Ghanaian Times →
Ghana's Transport Minister Joseph Bukari Nikpe has presented a strategic agenda to transform the country's ports into a world-class maritime hub and position Ghana as West Africa's preferred trade gateway. The plan focuses on infrastructure expansion, digital innovation, environmental sustainability, workforce development, multimodal connectivity and regional integration.
26 October 2026 · The Ghanaian Times →
Gambia's Special Adviser to the President on ICT and Digital Economy, Ousman Bah, has praised Ghana's digital identity interoperability system and announced that Gambia has adopted the same technology through a partnership with Margins ID Group, citing Ghana's approach to consolidating data and driver's licensing as a model for African-led digitalisation.
26 October 2026 · Joy Online →
The Electricity Company of Ghana is undertaking planned and emergency maintenance works across selected communities in six regions from October 26 to 30, involving technical and network interventions to upgrade infrastructure, repair underground cables, and improve power distribution reliability.
26 October 2026 · Joy Online →
Ghanaian beverage manufacturer Twellium Industrial Company Limited received the Ultimate Beverage Manufacturing Brand of the Decade award at the 2026 National Governance and Business Leadership Awards, recognising its manufacturing growth and product development since 2014. The company's Verna Mineral Water subsidiary also won the Outstanding Environmental Sustainability Initiative of the Year award for its No Seal, Less Waste programme.
26 October 2026 · Joy Online →
Foreign investor participation in Ghana's capital markets strengthened considerably in the first half of 2026, supported by improved macroeconomic conditions, declining sovereign risk perceptions, and exchange rate stability, according to the September 2026 Monetary Policy Report. Ghana's sovereign risk spreads have remained relatively stable and compare favourably with peer sub-Saharan African economies.
26 October 2026 · Joy Online →
Fitch Ratings revised the outlooks of nine Nigerian banks and two bank holding companies to Positive from Stable, affirming their Long-Term Issuer Default Ratings at 'B'. The revision follows Fitch's upgraded outlook on Nigeria's sovereign credit rating and reflects confidence in ongoing policy reforms and the country's operating environment.
26 October 2026 · Joy Online →
Ghana's government exceeded its treasury bill auction target by 12%, receiving total bids of GH¢4.26 billion and accepting GH¢3.9 billion. Yields on the 91-day and 182-day bills declined, while the 364-day yield increased.
26 October 2026 · Joy Online →
Bright Simons has proposed a US$13 million AI assistant for Ghana's civil service as a more practical alternative to the government's planned US$270 million GhanaChat project, questioning whether developing a national AI platform to compete with global services like ChatGPT, Gemini, and Claude is the best use of resources when existing models could support government operations at lower cost.
25 October 2026 · Joy Online →
Bright Simons, Vice-President at IMANI Centre for Policy and Education, has questioned the financial viability of Ghana's planned US$270 million AI data centre for GhanaChat, warning that its operating costs could require substantial annual government subsidies. The facility is expected to have a computing capacity of about 2,100 graphics processing units and an IT load of 4.3 megawatts.
25 October 2026 · Joy Online →
An International Monetary Fund delegation, led by Ghana Resident Representative Dr. Adrian Alter, visited Tema Oil Refinery to review its operations and assess ongoing rehabilitation work. TOR's Managing Director reported the refinery has relied on internally generated funds since the current management took office in May 2025 to sustain operations and restore processing plants.
25 October 2026 · Joy Online →
The Tema Oil Refinery is exploring a Ghana Stock Exchange listing to attract fresh investment while managing an inherited debt burden of approximately $517 million, including $120 million owed to government. Managing Director Edmond Kombat told an IMF delegation that the refinery has operated since May 2025 on internally generated funds without government support.
25 October 2026 · Joy Online →
At the GPHA's 40th Anniversary Dinner, the Transport Minister called for collaboration among port authorities, government, private operators, and regulators to improve cargo handling, reduce delays, strengthen coordination, and adopt digital systems and automation. He also emphasised the importance of better transport connectivity linking ports, roads, railways, and logistics centres, alongside environmental sustainability and workforce development.
25 October 2026 · Joy Online →