Ghana Minute.
Monday, 15 June 2026
Ghana’s news, on the hour · Est. 2026
Monday, 15 June 2026
Accra—:—London—:—New York—:—Beijing—:—

Business & Economy

Companies, markets, trade, jobs.

Business

GOIL PLC reports 7% net profit growth despite lower 2025 revenue

The News

GOIL PLC posted a strong 2025 performance with net profit after tax rising 7.05 per cent to GH¢90.67 million, although revenue declined from GH¢20.36 billion in 2024 to GH¢18.55 billion in 2025 due to market conditions and crude oil price volatility. The Company achieved improved profitability through cost optimisation and operational efficiency.

Why it matters

GOIL PLC reports 7% net profit growth despite lower revenue, demonstrating operational resilience in challenging market conditions.

3 hours ago · The Ghanaian Times

Today

  1. GOIL PLC reports 7% net profit growth despite lower 2025 revenue

    GOIL PLC posted a strong 2025 performance with net profit after tax rising 7.05 per cent to GH¢90.67 million, although revenue declined from GH¢20.36 billion in 2024 to GH¢18.55 billion in 2025 due to market conditions and crude oil price volatility. The Company achieved improved profitability through cost optimisation and operational efficiency.

    3 hours ago · The Ghanaian Times

  2. Bank of Ghana orders halt to unauthorised crypto platform services

    The Bank of Ghana has directed all regulated financial institutions to discontinue support for unauthorised foreign currency wallet services offered by some cryptocurrency platforms to users in Ghana. The BoG said those platforms have not been authorised to undertake such activities and institutions that support them risk supervisory and enforcement sanctions.

    3 hours ago · The Ghanaian Times

  3. Italy-Ghana water tech workshop scheduled for July 2026 in Accra

    The Italian Trade Agency, in collaboration with BolognaFiere and Accadueo, will host a two-day Italy-Ghana Water Technology workshop in Accra on July 8–9, 2026, bringing leading Italian water treatment, wastewater management, and filtration firms to showcase innovations and foster business partnerships with Ghanaian stakeholders.

    4 hours ago · Joy Online

  4. Ghana lotto operators defend their role in economy

    The Ghana Lotto Operators Association has defended licensed Private Lotto Operators' contributions to the economy, arguing that recent comparisons between their GH¢44.9 million licence fees and KGL Technology Limited's reported GH¢173 million contribution present a misleading picture because the two entities operate under different conditions, with KGL enjoying exclusive access to a dedicated USSD platform.

    4 hours ago · The Ghanaian Times

  5. Fuel prices to fall sharply from June 16 amid global oil declines

    Petrol, diesel, and LPG prices are projected to drop significantly during the second pricing window of June, with petrol expected to fall by up to 9.31% to around GH¢14.72 per litre. The decline is attributed to falling global oil prices, though cedi depreciation has limited the extent of the cuts.

    6 hours ago · Joy Online

  6. Bank of Ghana extends money transfer operator registration to 2026

    The Bank of Ghana has extended the registration deadline for International Money Transfer Operators (IMTOs) to July 31, 2026, warning that unregistered operators will be barred from operating in the country and any partnerships between unregistered operators and financial institutions will be cancelled after that date.

    6 hours ago · Joy Online

  7. Esiama market complex to serve as Ellembelle commercial hub

    Ghana's Minister of Lands and Natural Resources says the GH¢9 million Esiama market complex, funded from Ghana National Gas Company Limited royalties, will become Ellembelle District's commercial hub when completed in September 2026, decongesting traders and operators from the main highway and reducing traffic and accident risks. The project, about 80% complete, will include 76 stores, a car park, security post, and sheds.

    6 hours ago · Joy Online

  8. Wenchi 24-Hour Market construction reaches twenty percent completion

    Construction on the 24-Hour Market project in Wenchi Municipality's Bono Region is progressing, with about 20 percent of works completed within two months, according to the site engineer. The project will include lockable stores, police and fire service posts, a clinic, warehouses, livestock market, trading spaces, and bus terminal, among other facilities.

    7 hours ago · Joy Online

  9. Ghana Stock Exchange gains 52.84% year-to-date in May

    The Ghana Stock Exchange's market capitalisation rose to GH¢262.95billion in May with a year-to-date gain of 52.84 percent, driven by declining inflation, lower interest rates, and increasing investor participation in equities.

    7 hours ago · Business & Financial Times

  10. China regulator summons Walmart executive over food safety

    China's market regulator has summoned a Walmart China executive to discuss food safety issues detected at Sam's Club. The regulator required the U.S. retailer to prevent food safety risks throughout its supply chain and safeguard public dietary safety.

    8 hours ago · Joy Online

  11. Ghana Lotto Operators Association defends PLO contributions

    The Ghana Lotto Operators Association (GLOA) has defended the 29 licensed Private Lotto Operators' contribution to the National Lottery Authority, arguing that comparisons with KGL Technology Limited's GH¢173 million reported payment against private operators' combined GH¢44.9 million in 2025 licence fees misrepresent the industry by ignoring different operating conditions and the broader economic impact of PLOs.

    10 hours ago · Business & Financial Times

  12. GNPC staff refurbish kindergarten as 40th anniversary project

    Staff of the Ghana National Petroleum Corporation have handed over a fully refurbished four-unit kindergarten classroom block to Republic Road Nursery School in Tema as part of the Corporation's 40th anniversary activities. The project, funded and executed entirely by GNPC staff as a personal initiative, included new ceilings, tiled floors, washroom facilities, and furniture made from recycled plastic materials.

    10 hours ago · Business & Financial Times

Yesterday

  1. UK and Japan agree £18 billion investment partnership

    The UK and Japan have agreed a multi-billion-pound investment deal in which Japanese firms will spend more than £9bn on UK infrastructure and financial services and up to £9bn on UK offshore wind, creating tens of thousands of jobs, according to Downing Street.

    13 hours ago · Joy Online

  2. Bank of Ghana bans unauthorised fiat currency wallet services

    The Bank of Ghana has directed banks and other regulated financial institutions to stop facilitating unauthorised fiat currency wallet services, particularly those denominated in foreign currencies offered by certain crypto platforms to users in Ghana. The Central Bank states the platforms lack authorisation under payment and foreign exchange legislation, and warns that non-compliance may result in supervisory or enforcement actions.

    15 hours ago · Joy Online

  3. Ghana, EU pledge closer cooperation on export compliance

    Ghana and the EU have pledged closer collaboration to help exporters comply with evolving market access requirements, with Ghana's GIPC chief raising concerns about frequent changes to EU regulations including the Deforestation Regulation and sanitary standards. The Foreign Affairs Minister proposed developing a local assessment mechanism to ensure exports meet EU requirements before shipment, and participants agreed on sustained dialogue and technical cooperation to strengthen trade.

    15 hours ago · Joy Online

  4. Richie Mensah unveils The Octave speaker via Lynx Electronics

    Musician and entrepreneur Richie Mensah has launched The Octave, a new speaker under his Lynx Electronics brand, through a dramatic rain-themed reveal video. According to Lynx Electronics, the device is designed to deliver powerful sound and exceptional clarity for an immersive listening experience.

    20 hours ago · Joy Online

  5. Bank of Ghana halts support for foreign currency crypto wallets

    The Bank of Ghana has ordered all regulated financial institutions to stop supporting fiat currency wallet services in foreign currencies, particularly US dollars, offered by crypto platforms to users in Ghana. The central bank stated that crypto platforms have not been authorized to undertake such activities and are required to comply with payment systems, foreign exchange, and other regulatory requirements.

    21 hours ago · Joy Online

  6. Entrepreneur reframes plastic waste as economic opportunity for Ghana

    Plastic waste entrepreneur Senam Lassey argues that Ghana's plastic challenge should be viewed as an economic opportunity rather than merely waste, calling for investment in collection systems and recycling infrastructure to unlock its value and create jobs.

    14 June 2026 · Joy Online

  7. AGI and Danish industries launch sustainability capacity initiative

    The Association of Ghana Industries and the Confederation of Danish Industries have launched the Sustainable African Value Chain Initiative (SAVI) to help Ghanaian businesses integrate sustainability principles into their operations and value chains through capacity-building, technical assistance, and peer learning.

    14 June 2026 · Joy Online

  8. ECOWAS pursues minerals processing to boost AfCFTA trade

    Ghana is rallying ECOWAS countries behind a "mine together, process together" campaign to add value to West Africa's mineral wealth through industrialisation and increased continental trade. Ghana's Trade Minister called for factory construction, integrated standards, and transport infrastructure to enable jobs and value addition rather than exporting raw minerals.

    14 June 2026 · Joy Online

Saturday 13 June

  1. Bank of Ghana orders halt to unregulated crypto forex platforms

    The Bank of Ghana has directed all regulated financial institutions to immediately cease ties with cryptocurrency platforms operating illicit foreign currency wallets in the country. The central bank says these digital wallet operations, which allow users to bypass standard banking channels and are funded via bank transfers, mobile money, and credit cards, violate the Payment Systems and Services Act, 2019 and the Foreign Exchange Act, 2006.

    13 June 2026 · Joy Online

  2. Anthropic suspends Claude Fable 5 after US security concerns

    Anthropic has suspended its Claude Fable 5 AI model following US government orders citing security concerns, including a potential method for bypassing restrictions; the company said authorities had not identified specific vulnerabilities but acknowledged a demonstrated jailbreaking technique affecting minor, previously known issues.

    13 June 2026 · Joy Online

  3. NAB Consulting completes €250m finance facility for Niger

    NAB Consulting has announced successful completion of a €250 million structured finance facility for Niger, co-arranged with Coris Bank Niger and funded by Afreximbank. The financing, granted through Niger's Ministry of Economy and Finance, supports priority sectors including agriculture, energy, healthcare, infrastructure, and SMEs as part of the government's economic recovery programme.

    13 June 2026 · Joy Online

  4. Mobile Money Fintech shareholders approve Q1 dividend at EGM

    Shareholders of Mobile Money Fintech Limited approved a dividend of GH¢0.03 per share for Q1 2026 and endorsed corporate governance resolutions at an Extraordinary General Meeting in Accra. The company also ratified Ernst & Young as external auditors and transitioned its directors following its rebrand from Mobile Money Limited.

    13 June 2026 · Joy Online

  5. Bank of Ghana extends IMTO registration deadline to July 2026

    The Bank of Ghana extended the registration deadline for International Money Transfer Operations to 31st July 2026, warning that IMTOs failing to comply will not be permitted to operate and any existing partnerships with banks and payment service providers will be nullified.

    13 June 2026 · Joy Online

  6. Ghana Stock Exchange indices up sharply in May 2026

    The GSE's Composite Index and Financial Stock Index posted returns of 63.67% and 68.99% respectively in May 2026, with market activity reaching 89,945 transactions. Twelve stocks recorded losses for the month, including Ecobank Transnational Inc., CalBank PLC, and Ghana Commercial Bank PLC.

    13 June 2026 · Joy Online

  7. Elon Musk becomes world's first trillionaire, per Bloomberg

    Elon Musk achieved trillionaire status on Friday with an estimated net worth of about $1.11 trillion, according to Bloomberg, driven by a record-breaking SpaceX stock market debut and the rising value of his stakes in Tesla and SpaceX over the past six years.

    13 June 2026 · Joy Online

  8. EBID President Dr Donkor wins African Development Finance Leadership Award

    The ECOWAS Bank for Investment and Development announced that its President and Chairman, Dr George Agyekum Donkor, has been named recipient of the Distinguished African Development Finance Leadership Award – Regional Integration & Economic Transformation at the 16th African Business Leadership Awards 2026. EBID has also been positioned as a Strategic Development Finance Partner of the ALM Africa Summit 2026, and Dr Donkor will serve as Special Guest of Honour and Keynote Speaker at the awards ceremony on 3 July 2026 in London.

    13 June 2026 · Joy Online

Friday 12 June

  1. Paramount's $111bn Warner Bros acquisition approved by US Justice Department

    The US Department of Justice has approved Paramount Skydance's $111 billion acquisition of Warner Bros Discovery, saying the merger is unlikely to harm competition and would likely increase competition across media and entertainment. However, the deal is not yet finalized, as states including California are reviewing the sale and could file suit to block it.

    12 June 2026 · Joy Online

  2. SpaceX launches IPO, becomes available to public investors

    SpaceX, owned by Elon Musk and private investors, has launched an initial public offering with shares trading on the stock market as of Friday, raising at least $75bn at $135 per share. The company, which operates in space exploration, satellite communication, and AI ventures, plans to use the capital to expand current activities and fund new ventures including asteroid mining, Mars colonisation, and space-based AI data centres.

    12 June 2026 · Joy Online

  3. Studio and one-bedroom units outperform villas in Accra real estate

    Smaller apartment units in Accra are delivering higher rental yields than larger villas in 2026, with studios and one-bedroom apartments in high-demand areas achieving 10 percent or more in gross yields according to market data, making them attractive for first-time and diaspora investors.

    12 June 2026 · Joy Online

  4. Guide to buying off-plan property safely in Accra

    Off-plan purchases in Accra allow diaspora buyers to commit to units before or during construction at below-market prices and pay in stages, but the risk is high if developers run out of cash and projects stall; proper due diligence is essential to capture appreciation without losing money.

    12 June 2026 · Joy Online

  5. AfCFTA success requires cooperation, trade facilitation

    Mohammed Ali, Director in charge of Trade in Goods of the AfCFTA Secretariat, says the African Continental Free Trade Area's success depends on reducing trade barriers, strengthening regional cooperation, improving trade infrastructure, and establishing efficient institutions and modern trade systems. He emphasized that effective border management, streamlined customs procedures, improved logistics, and sustained collaboration among governments and the private sector are critical to reducing business costs and unlocking intra-African trade potential.

    12 June 2026 · Business & Financial Times

  6. SpaceX IPO raises $75 billion; Musk becomes trillionaire

    SpaceX raised a record $75 billion in its initial public offering on Thursday. Following the share sale, Elon Musk's net worth surpassed $1 trillion, making him the world's first trillionaire.

    12 June 2026 · Joy Online

  7. Diaspora homecoming movement driving property ownership in Accra

    Ghana's Year of Return campaign in 2019, which marked 400 years since the first enslaved Africans were taken to Jamestown, Virginia, has evolved from heritage visits into sustained property ownership, reshaping who owns prime real estate in Accra. The follow-up "Beyond the Return" programme, launched in December 2019 and running to 2030, institutionalised the shift from temporary diaspora engagement to permanent settlement.

    12 June 2026 · Joy Online

  8. US-Ghana trade reaches $4 billion in 2025

    Trade between Ghana and the United States reached an estimated $4 billion in goods and services in 2025, with officials from both countries expressing optimism about expanding investment and commercial ties. More than 100 American companies operate in Ghana, creating jobs and investing in sectors including mining, technology, agriculture, and hospitality.

    12 June 2026 · The Chronicle

  9. Ghana attracts African diaspora through passport policy and real estate investment

    Ghana has pursued a sustained decade-long strategy to welcome the global African diaspora, beginning with Right of Abode provisions and accelerated by the 2019 Year of Return campaign, which drew over a million visitors and more than 3 billion dollars into the local economy. The article suggests this policy framework is now driving African American investment in Ghanaian real estate as a practical step following diaspora citizenship.

    12 June 2026 · Joy Online

  10. Ghana's business environment challenging for entrepreneurs, Crown Peak CEO says

    Crown Peak Holdings CEO Dr. Kobbina Tuyee Awuah says Ghana's system makes it difficult for entrepreneurs to succeed, though he notes success on the continent is driven by resilience and personal drive rather than supportive systems. He argues that while Ghana presents structural challenges compared to the West, it is a relatively better place to do business within Africa.

    12 June 2026 · Joy Online

  11. Fire Service halts electrical fire at Techiman GRIDCO station

    A fire broke out at the GRIDCO Power Station in Techiman on Tuesday, June 9, 2026, when a capacitor bank caught fire. A crew of six firefighters from the Techiman Fire Station extinguished the blaze using the premises' installed fire extinguishers, preventing damage to other equipment and a potential major power disruption.

    12 June 2026 · The Ghanaian Times

  12. SMEs need government support for food processing equipment

    The Director of CSIR-FRI has urged Ghana's food processing SMEs to adopt available food processing technologies, noting that research institutions have developed several innovations to improve food value addition. However, he stressed that high equipment costs remain a major challenge, and SMEs need support to acquire essential processing machinery such as dehydrators.

    12 June 2026 · Joy Online

  13. Ghana showcases sustainable supply chain policy at global symposium

    The ISEAL Global Sustainability Symposium convened in Accra to discuss Ghana's policy leadership on sustainable supply chains, with speakers from COCOBOD and cocoa farming communities sharing experiences in strengthening traceability, forest governance and sustainable cocoa production.

    12 June 2026 · Joy Online

  14. Ankobra West Community Bank reports strong 2025 growth

    Ankobra West Community Bank's deposits grew 38.15 percent to GH¢107.37 million, net advances surged 208.72 percent to GH¢66.96 million, and profit after tax rose 17.64 percent to GH¢5.19 million in 2025, with the bank strengthening its capital base ahead of Bank of Ghana requirements.

    12 June 2026 · Business & Financial Times

  15. Zeal Environmental leader stresses human capital for business growth

    The Board Chairman of Zeal Environmental Technologies Limited says human capital development is critical to sustaining business growth in Ghana's environmental sector, emphasizing that equipment investments require competent people to succeed. He was speaking during a visit by Tullow Oil Ghana staff to the company's waste treatment facility in Nyankrom, Western Region.

    12 June 2026 · Business & Financial Times

  16. AI shifts marketing from productivity tool to pattern discovery

    An industry analyst argues that artificial intelligence's real disruption in Ghanaian marketing is not automation but the ability to uncover behavioural patterns and hidden opportunities at scale, moving beyond the broad generalisations and assumptions that have long dominated the industry.

    12 June 2026 · Business & Financial Times

  17. Michael Sarpong launches BuukMeNow digital booking platform

    Michael Sarpong, co-founder of BuukMeNow, has developed a technology-driven appointment-booking platform designed to help service providers streamline operations, reduce no-shows, and improve customer experience. The platform originated from his desire to solve the problem of long wait times for haircuts.

    12 June 2026 · Business & Financial Times

  18. AAK Academy launches in Ghana to boost food innovation

    AAK, a global leader in plant-based oils and fats, has launched the AAK Academy in Ghana with the Embassy of Denmark to drive innovation and technical expertise in chocolate, confectionery, and food applications, supporting Ghana's agro-processing sector and shea value chain development.

    12 June 2026 · Daily Guide

  19. Ghana's non-traditional exports hit record US$5 billion in 2025

    Ghana's non-traditional export sector produced record earnings of US$5.006 billion in 2025, a 30.7 percent increase from US$3.83 billion in 2024, with processed and semi-processed products accounting for more than 83 percent of total export earnings.

    12 June 2026 · Business & Financial Times

  20. Bank of Africa launches nationwide tree planting and financial literacy initiative

    Bank of Africa Ghana has partnered with schools nationwide to plant trees and promote financial inclusion through education, with the aim of fostering environmental sustainability and teaching students responsible financial habits from an early age.

    12 June 2026 · Joy Online

  21. Harvest season expected to bring inflation down later this year

    The Government Statistician expects inflation to decline later in the year due to the approaching harvest season, as food makes up a significant portion of the Consumer Price Index. Food inflation rose to 3.3% in May 2026 from 2.2% in April 2026, driven by rising prices of tomatoes, charcoal, ginger and supply issues.

    12 June 2026 · Joy Online

  22. MMFL releases white paper on fighting digital fraud

    MobileMoney Fintech LTD has released a strategic white paper calling for coordinated, cross-sector action to address digital fraud in Ghana's financial ecosystem. The paper draws from stakeholder engagement involving regulatory institutions, financial service providers, fintechs, law enforcement, and telecoms, and identifies priorities including joint coordination mechanisms and intelligence-sharing.

    12 June 2026 · The Ghanaian Times

  23. Ghana Water Limited inaugurates board for G-Water Bottling subsidiary

    Ghana Water Limited has inaugurated a five-member Board of Directors for G-Water Bottling Limited, a subsidiary established to manufacture, package and distribute safe, high-quality drinking water on commercial principles, as part of GWL's strategy to diversify revenue streams and strengthen business operations.

    12 June 2026 · The Ghanaian Times

  24. Bawumia credits UK-Ghana Business Council with attracting investments

    Former Vice President Dr Mahamudu Bawumia highlighted the impact of the UK-Ghana Business Council, which he co-chaired, in attracting major investments and supporting infrastructure development while fostering economic cooperation between the two nations.

    12 June 2026 · Joy Online

  25. Microfinance operators call for BoG capital framework adjustments

    Ghana's microfinance industry is urging the Bank of Ghana to reconsider its revised capital framework, endorsing the reform's direction but warning that tight implementation timelines and high minimum thresholds could harm financial inclusion and market structure. The framework requires existing institutions to meet GH¢50million minimum capital by December 31, 2026, and new entrants GH¢100million, with a pathway declaration deadline of June 30, 2026.

    12 June 2026 · Business & Financial Times

  26. Ghana-Canada investment forum scheduled for June 2026

    Ghana and Canada will host an investment forum in Toronto on June 15, 2026, to explore strategic opportunities, forge partnerships, and advance Ghana's economic transformation agenda, with a focus on the 24-Hour Economy and Accelerated Export Development Programme.

    12 June 2026 · Joy Online

  27. PBC workers demand salary payment fulfillment from President Mahama

    Workers of PBC Limited have called on President Mahama to fulfil his campaign promise to revamp the cocoa-buying company, citing worsening conditions including unpaid salaries for twenty-seven months for permanent workers and over thirty-six months for casual workers, who earn a maximum of GH₵350 per month.

    12 June 2026 · Joy Online

  28. National airlines critical economic infrastructure, Kenya Airways CEO says

    Kenya Airways' CEO urged African countries including Ghana to treat national airlines as strategic economic infrastructure rather than purely commercial ventures, arguing they drive connectivity, trade, tourism, and GDP growth. He cited Kenya's experience as demonstrating how strong national carriers generate significant spillover effects across tourism, hospitality, and employment sectors.

    12 June 2026 · Business & Financial Times

  29. South Korea fines Coupang $400m for major data breach

    South Korea's Personal Information Protection Commission issued a record fine of more than $400m to e-commerce platform Coupang over a data breach that exposed the data of more than 30 million customers, including names, contact details, and order histories. The fine comprises 423.6bn won for the personal data breach and 201bn won for non-consensual information collection; Coupang says it plans to challenge the decision.

    12 June 2026 · Joy Online

  30. Procurement reforms needed to combat corruption, boost African growth

    Corruption in procurement weakens trust and discourages investment across African countries, according to the Global CEO of the Chartered Institute of Procurement and Supply. He called for strengthened ethical standards, transparency, and accountability in procurement systems to attract investment and build stronger economies.

    12 June 2026 · Business & Financial Times

  31. Charcoal surges 50%, becomes Ghana's top inflation driver

    Government Statistician Dr Alhassan Iddrisu says charcoal prices have risen more than 50% over the past year, making it the single biggest driver of inflation in Ghana. Food inflation also rose to 3.3% in May 2026 from 2.2% in April, with food prices jumping 2% in a single month and tomato prices surging 38.8% between April and May 2026 alone.

    12 June 2026 · Joy Online

  32. Achimota Retail Centre plans immersive World Cup viewing experience

    Achimota Retail Centre is launching a campaign called "ARC is the Stadium" to transform the shopping centre into a viewing venue for the 2026 FIFA World Cup, featuring match-day entertainment, special promotions, prizes and branded merchandise throughout the tournament's 39 days.

    12 June 2026 · Business & Financial Times

  33. GOIL net profit rises 7% despite revenue decline in 2025

    GOIL PLC increased net profit to GH¢90.67 million in 2025, up 7.05 percent from GH¢84.70 million in 2024, despite revenue falling by GH¢1.8 billion to GH¢18.55 billion. The company cut debt obligations and reduced financing costs to cushion the impact of volatile global market conditions.

    12 June 2026 · Business & Financial Times

  34. Dangote Refinery seeks $1 billion private placement ahead of listing

    Nigeria's Dangote Petroleum Refinery is raising about $1 billion through private placement at $0.35 per share, valuing the company at approximately $39.1 billion. Proceeds will fund expansion and general corporate purposes as the 650,000-barrels-per-day refinery ramps up operations ahead of a potential public listing.

    12 June 2026 · Joy Online

Thursday 11 June

  1. Ghana's inflation falls, but food prices rise sharply

    Ghana's overall inflation performance has improved, but the Government Statistician warns that food inflation rose to 3.3% year-on-year in May 2026 from 2.2% in April, with food prices jumping 2% in a single month—the fastest monthly increase in recent times. Tomato prices have surged nearly 39% in a month and are identified as a major driver of the food price shock.

    11 June 2026 · Joy Online

  2. Ghana Platinum Excellence Awards to honour century-old businesses

    Ghana's oldest and most enduring businesses will be recognised under a new national awards scheme that celebrates corporate longevity, resilience, and contributions to the country's economic development. The Ghana Platinum Excellence Awards, an initiative of Re-Focus Experience Ghana Limited, seeks to identify, celebrate, and learn from organisations that have survived decades of economic, political, and technological change.

    11 June 2026 · Joy Online

  3. Kasapreko raises GH¢700m in oversubscribed IPO

    Kasapreko PLC successfully concluded its Initial Public Offer, raising GH¢700 million from subscriptions worth approximately GH¢1.73 billion (146 percent oversubscribed). The beverage manufacturer's shares are scheduled to begin trading on the Ghana Stock Exchange on June 15 under the ticker symbol "KASA".

    11 June 2026 · Business & Financial Times

  4. Ghana's non-traditional exports exceed $5 billion for first time

    Ghana's non-traditional export sector achieved a record US$5.006 billion in earnings in 2025, a 30.7 per cent increase from US$3.83 billion in 2024. Exporters were urged to sustain the compliance and innovation that drove this growth at a Ghana Shippers' Authority forum.

    11 June 2026 · Business & Financial Times

  5. PURC, ECG, GRIDCo align plans for stable power during 2026 World Cup

    The Public Utilities Regulatory Commission convened a strategic meeting with the Electricity Company of Ghana and Ghana Grid Company to review preparedness measures and align operational plans ahead of the 2026 FIFA World Cup, establishing a monitoring framework to ensure reliable electricity supply during the tournament.

    11 June 2026 · Joy Online

  6. Fortune names Yellow Card among top global crypto innovators

    Yellow Card, a stablecoin-based infrastructure provider operating across over 50 markets, has been named to Fortune's inaugural Crypto Innovators list for advancing the global digital asset ecosystem through technology, infrastructure, security, and adoption.

    11 June 2026 · Joy Online

  7. NPA receives ultra-modern rest stop for tanker drivers at Kumasi

    The National Petroleum Authority has received a modern rest stop and park for tanker drivers at the BOST Kumasi Depot from ROCK AFRICA, intended to address concerns about drivers parking along roadsides when fatigued and improve road safety and working conditions in the petroleum haulage sector.

    11 June 2026 · Joy Online

  8. GOIL reports GH¢90.67m profit, proposes GH¢23.5m dividend

    GOIL PLC recorded net profit after tax of GH¢90.67 million in 2025, up from GH¢84.70 million in 2024, and has proposed a final dividend of GH¢23.5 million to shareholders despite challenging petroleum sector conditions.

    11 June 2026 · Joy Online

  9. Phoenix Insurance donates computers to KBTH Surgical Department

    Phoenix Insurance Company Limited has donated 10 high-end desktop computers valued at GH₵95,000 and accessories worth GH₵11,000 to the Surgical Department of Korle Bu Teaching Hospital to support healthcare delivery, teaching and research activities. The company's Managing Director said the donation marks the beginning of a broader partnership with the hospital.

    11 June 2026 · Business & Financial Times

  10. Bank of Ghana's negative equity worsens to GH₵94 billion

    The Bank of Ghana's negative equity position has worsened to approximately GH₵94 billion as of 2025, driven by the Domestic Debt Exchange Programme, monetary policy operations, and exchange rate losses. An opinion piece questions whether the central bank should consider investing in digital assets as a strategy to manage this deficit, or whether such moves would exceed its mandate.

    11 June 2026 · Joy Online

  11. PAPSS enables faster, cheaper cross-border African trade

    The Pan-African Payment and Settlement System (PAPSS) is designed to address structural constraints in intra-African trade by enabling transactions in local currencies with near-instant settlement, reducing transaction costs and friction for businesses, particularly small and medium-sized enterprises.

    11 June 2026 · Joy Online

  12. Should telecom operators pay for SIM re-registration costs?

    Joy Online argues that since telecommunications companies profit from every active SIM card through calls, data, and mobile money, the State should not bear the cost of SIM re-registration exercises when telecom operators are the primary beneficiaries.

    11 June 2026 · Joy Online

  13. Accra flooding costs economy billions in hidden damages

    This year's flooding in Accra has submerged whole communities and disrupted businesses and livelihoods. According to the World Bank, approximately US$3.2 billion worth of economic assets in the Greater Accra Region are currently exposed to flood risk, with that figure projected to quadruple by 2050 without effective mitigation.

    11 June 2026 · Business & Financial Times

  14. Kasapreko IPO raises GH¢700m, oversubscribed 146%, lists June 15

    Kasapreko, a leading beverage manufacturer, successfully completed its IPO raising GH¢700,000,000 through issuance of 583,333,333 shares at GH¢1.20 per share. The offer attracted 18,781 applicants with subscriptions totalling GH¢1.73 billion, representing 146% oversubscription, and will list on the Ghana Stock Exchange on June 15th.

    11 June 2026 · Joy Online

  15. Frederick Attakumah elected Ghana Chamber of Mines President

    Ing. Frederick Attakumah, Executive Vice President of Asante Gold Corporation, has been elected President of the Ghana Chamber of Mines at its 98th Annual General Meeting. He pledged to increase gold production, deepen local value creation, and strengthen sustainable mining practices through stakeholder collaboration.

    11 June 2026 · Joy Online

  16. Bank of Ghana Governor announces new GHIB CEO, growth plans

    The Bank of Ghana Governor, Dr. Johnson Asiama, stated that the Ghana International Bank will become a leading financial bridge between Africa and international capital markets. The GHIB Board announced Chartered Accountant and Banker Ian Greenstreet as the new CEO, subject to regulatory approval, succeeding Dean Adansi who led the bank for eight years.

    11 June 2026 · Joy Online

  17. Ghana Water Limited inaugurates bottled water subsidiary board

    Ghana Water Limited has inaugurated the Board of Directors of G-Water Bottling Limited, its subsidiary established to manufacture, package and distribute bottled drinking water as part of GWL's strategy to diversify revenue streams and strengthen business operations. The company aims to transform G-Water into a recognised commercial brand, leveraging GWL's expertise in water production and quality assurance.

    11 June 2026 · Joy Online

  18. AfCFTA roots in decades of African economic integration efforts

    Dr Fareed Arthur, Senior Technical Advisor on AfCFTA Implementation Committees, traces the continental free trade area to decades-long efforts following the OAU's 1963 establishment, with momentum accelerating after the global financial crisis as Africa sought to reduce external dependence and finance its own development.

    11 June 2026 · Joy Online

  19. Ghana's economy expands 6.4% in early 2026

    Ghana's economy grew 6.4% in the first quarter of 2026, up from 6.2% in the same period last year, with strong performance in services, mining, and oil and gas. The analysis notes that while the growth is broad-based and resilient, services-led growth must be complemented by stronger industrial expansion and manufacturing for sustained development.

    11 June 2026 · Joy Online

  20. Chinese shoe imports exceed $40m, dominate Ghana market

    The Ghana Leather and Footwear Manufacturers Association says more than 70 percent of footwear sold domestically between 2024 and 2025 was imported from China, with imports worth over US$40 million while local exports remained below US$1 million. The association alleges that cheap imports have wiped out over 30 percent of market share for locally made footwear over the past decade and forced many producers out of business, and accuses some importers of exploiting customs loopholes by declaring finished products as rubber waste to evade higher duties.

    11 June 2026 · Business & Financial Times

  21. Ghana Treasury bill auction raises 4.87 billion, misses target

    Ghana's latest Treasury bill auction raised GH¢4.87 billion against a target of GH¢5.89 billion, representing a shortfall of approximately GH¢1.02 billion, though investor participation remained relatively strong, particularly for 91-day bills.

    11 June 2026 · Business & Financial Times

  22. Uber marks 10 years in Ghana with 200,000 driver-partners

    Uber is celebrating a decade of operations in Ghana, during which more than 200,000 driver-partners have earned through the platform across Accra, Kumasi, Cape Coast, and Takoradi, collectively earning hundreds of millions of dollars while facilitating over 1.18 billion kilometres of movement.

    11 June 2026 · Business & Financial Times

  23. Global Media Alliance launches World PR Day Festival 2026

    The Global Media Alliance has officially launched the World PR Day Festival 2026, its sixth consecutive edition running from June to July with the theme "Reimagining PR." The festival will feature over 20 expert speakers and combine physical events with digital dialogues to address industry transformations in strategic communications.

    11 June 2026 · Business & Financial Times

  24. Fuel price relief threatens BOST financial sustainability

    A temporary suspension of BOST's diesel margin, introduced to shield consumers from rising global fuel prices, could create monthly revenue shortfalls of nearly GH¢40 million if prolonged, raising concerns about the company's financial stability despite the intervention's immediate relief to households and businesses.

    11 June 2026 · Business & Financial Times

  25. AAK launches Academy platform to advance Ghana food innovation

    AAK, in collaboration with the Embassy of Denmark in Ghana, has launched the AAK Academy in Ghana to strengthen innovation and technical expertise in chocolate, confectionery and other food applications, as part of its commitment to advancing Ghana's agro-processing sector and shea value chain.

    11 June 2026 · Business & Financial Times

  26. COCOBOD launches tranche-based commercial paper programme for cocoa financing

    Ghana Cocoa Board is preparing a new tranche-based commercial paper programme ahead of the 2026/2027 cocoa season to reduce financing costs, broaden domestic participation, and lessen dependence on offshore borrowing. The programme targets pension funds, commercial banks, and other cocoa value-chain participants, replacing the traditional pre-export facilities that ranged between US$1 billion and US$1.5 billion annually but became unsustainable following Ghana's debt crisis and rising global interest rates.

    11 June 2026 · Business & Financial Times

  27. UK watchdog investigates Ryanair charging parents to sit with children

    The UK's Competition and Markets Authority is investigating whether Ryanair's policy of charging parents a fee (typically £8 each way) to sit next to their child on flights violates consumer law. Ryanair says the investigation is "bogus" and its family seating policy complies with all relevant laws, though the CMA noted other major airlines seat children with parents without charge.

    11 June 2026 · Joy Online

  28. South Korea fines Coupang over $400m for data breach

    South Korea's Personal Information Protection Commission has issued a record fine of more than $400m against e-commerce platform Coupang over a data breach that exposed the personal data of more than 30 million customers, including names, contact details, delivery information, and order histories. The fine represents the largest ever issued by the commission for a data breach.

    11 June 2026 · Joy Online

  29. Kintampo Community Bank delivers strong 2025 growth across metrics

    Kintampo Community Bank Plc's total income grew 20.14 percent to GH¢35.31 million in 2025, while total assets surged 41.71 percent to GH¢185.73 million and profit before tax increased 35.13 percent to GH¢13.9 million, driven by expansion in loans, deposits, and investments.

    11 June 2026 · Business & Financial Times

  30. Sinapi Aba mentorship pairs 300 young entrepreneurs with experienced business owners

    Three hundred young entrepreneurs in the MSME sector are being supported by the Sinapi Aba Mentorship Programme, which pairs them with experienced business owners to provide guidance and strategies for scaling sustainable ventures across trading, manufacturing and agriculture sectors.

    11 June 2026 · Joy Online

  31. Non-tariff barriers add 15–20% to West African cross-border trade

    Ghana's Trade Minister Elizabeth Ofosu-Adjare told the ECOWAS Ministers of Trade and Industry meeting that non-tariff barriers are the most stubborn obstacle to regional trade, imposing an estimated 15 to 20 percent cost increase on cross-border commerce and affecting traders, businesses, and consumers throughout West Africa.

    11 June 2026 · Joy Online

  32. Africa's fintech and banking sectors must collaborate for inclusion

    At the Africa Fintech Forum 2026 in Nairobi, a speaker highlighted how traditional banks and fintech solutions can work together across the continent. Sub-Saharan and North Africa have over 1.2 billion registered mobile money accounts and drive over $1.4 trillion in annual transaction volumes, forming a cornerstone of financial inclusion.

    11 June 2026 · Joy Online

  33. Cracks emerge on Tema Motorway Interchange surface

    Motorists using the Tema Motorway Interchange have raised concerns after cracks appeared on sections of the recently asphalted road surface, particularly on the route towards Afienya-Akosombo. Road users have called on relevant agencies to investigate the cause and take corrective action before deterioration worsens.

    11 June 2026 · Joy Online

  34. Emelia Arthur sets premix fuel price ceiling at GH¢180

    The Minister for Fisheries and Aquaculture has directed Landing Beach Committees not to sell premix fuel above GH¢180 per yellow "Kufour gallon," warning that sanctions will be imposed on those who violate the directive. The minister stressed that the government's premix fuel subsidy was intended to support artisanal fishermen, not enrich middlemen or committee members.

    11 June 2026 · The Chronicle

  35. Deputy Transport Minister praises MPS investments at Tema Port

    The Deputy Minister for Transport Dorcas Affo-Toffey visited Meridian Port Services at Tema Port and praised the company's significant investments and modern technology, describing the facility as one of West Africa's most modern and well-equipped ports.

    11 June 2026 · Joy Online

  36. Kwabre East MCE begins 24-hour economy market construction at Mamponteng

    The Municipal Chief Executive for Kwabre East has officially cut the sod for construction of a 24-Hour Economy Model Market at Mamponteng, designed to stimulate round-the-clock economic growth, create jobs, and boost household incomes. The multi-purpose facility will feature 250 shops, a Women's Bank, and auxiliary infrastructure including a police post, fire station, and healthcare clinic, with completion scheduled within three years.

    11 June 2026 · The Chronicle

  37. Ghana Water Ltd inaugurates institute governing council

    Ghana Water Limited has inaugurated the Governing Council of the Ghana Water Institute, a subsidiary focused on water-sector training, research, consultancy and professional development in West Africa. The institute evolved from Ghana Water Training Schools established in 1965.

    11 June 2026 · Joy Online

  38. ECG announces planned power outages on June 11, 2026

    The Electricity Company of Ghana will conduct maintenance exercises on Thursday, June 11, 2026, causing planned power outages in Accra East (9:00am–5:00pm) and Western Region (9:00am–4:00pm). Affected areas include West Trassaco, Salem Estates, Ayikuma, Doryumu, Akoon, Railway Quarters, and surrounding communities.

    11 June 2026 · Joy Online

  39. MobileMoney Fintech releases white paper on digital fraud risks

    MobileMoney Fintech LTD has released a white paper calling for stronger collaboration across Ghana's digital financial services sector to combat growing digital fraud threats. The paper, informed by a stakeholder forum, highlights the need for coordinated action among regulators, financial institutions, fintech companies, telecommunications operators, law enforcement and agent networks.

    11 June 2026 · Joy Online

  40. CXP Ghana and KPMG launch 2026 customer experience awards

    Customer Experience Professionals Ghana and KPMG have launched the 2026 Ghana Customer Experience Excellence Awards, following a successful first edition in 2025. Nominations open 8 June and close 31 August 2026, recognising excellence across customer-facing roles and sectors including banking, telecoms, insurance, public sector, health, and hospitality.

    11 June 2026 · Joy Online

  41. Ghana International Bank CEO Dean Adansi relieved, Ian Greenstreet named

    UK-based Ghana International Bank's Chief Executive Officer Dean Adansi has been relieved of his duties by the Board, which is controlled by the Government of Ghana through the Bank of Ghana. Ian Owulakwao Greenstreet, an investment banker and financial risk management expert, has been named as his replacement, subject to regulatory approval.

    11 June 2026 · Joy Online

  42. Ghana's economy grows 6.4% in Q1 2026, driven by mining and ICT

    Ghana's economy expanded by 6.4 per cent in the first quarter of 2026, up from 6.2 per cent a year earlier, largely driven by mining and quarrying and information and communication technology. The Ghana Statistical Service noted the acceleration was accompanied by a sharp easing of price pressures, with the GDP deflator declining from 23.9 per cent to 4.1 per cent.

    11 June 2026 · Joy Online

  43. Ghana's economy grew 6.4% in first quarter 2026

    Ghana's economy expanded 6.4 percent in Q1 2026, driven by services and mining sectors, according to Ghana Statistical Service provisional estimates. The growth rate slightly outpaced Q1 2025's 6.2 percent, supported by rising domestic demand and investment activity, while the GDP deflator fell sharply to 4.1 percent from 23.9 percent, signalling easing inflationary pressures.

    11 June 2026 · Business & Financial Times

  44. Government to offer tax incentives for factories outside Accra

    The Deputy Minister of Finance says the government will provide tax incentives to companies and investors who establish factories outside Accra as part of a strategy to decentralise industrial development and ensure equitable economic distribution across the country. The initiative aims to address the concentration of industries in the capital, which has contributed to rural–urban migration, congestion, and unequal development.

    11 June 2026 · Joy Online

  45. Ghana welcomes Belarusian mining equipment manufacturers next week

    President Mahama announced that Belarusian manufacturers of mining equipment will visit Ghana next week following an agreement reached at the Ghana–Belarus Business Forum in Minsk. Mahama highlighted Ghana's investment appeal, citing access to 34 million domestic consumers and 1.3 billion people via the African Continental Free Trade Area, alongside infrastructure initiatives including a US$10 billion five-year Big Push Programme.

    11 June 2026 · Joy Online

  46. NLA Director-General urges joint action against illegal gambling

    At the 2026 European Lotteries Industry Days in Marrakesh, Morocco, Ghana's NLA Director-General Mohammed Abdul-Salam called on members of European Lotteries and the African Lotteries Association to intensify efforts against illegal gambling to protect economies and citizens from revenue losses. The conference, themed "Lotteries Bridging Continents," brought together over 200 participants to share best practices on responsible gaming, digital solutions, and strategies to combat illegal practices.

    11 June 2026 · Business & Financial Times

  47. Korle Klottey internally generated revenue surges to 40 million cedis

    The Korle Klottey Municipal Assembly increased its internally generated revenue from GH¢14.7 million in 2023 to GH¢40 million in 2025, driven by reforms in revenue mobilisation including digitalisation of property rate collection and business permits. The municipality is positioning itself as an investment hub and using the increased revenue to fund major infrastructure projects including market redevelopment and sanitation services.

    11 June 2026 · Joy Online

  48. EPAC executive urges greater packaging investment for Ghana's local brands

    The Head of Sales at EPAC Flexible Packaging West Africa has called for improved packaging solutions for small and medium-sized enterprises in Ghana, arguing that fit-for-purpose packaging is essential for products to reach consumers, compete in the marketplace, and help local brands stand out.

    11 June 2026 · Joy Online

  49. Embodied AI enables physical machines to learn from real-world interaction

    Embodied intelligence creates machines that perceive, learn, and interact with their environments through physical experience rather than pre-programmed instructions. The global robotics market, valued between US$50 billion and US$88 billion, is expected to expand significantly due to labour shortages and demand for automation.

    11 June 2026 · Joy Online

Wednesday 10 June

  1. Kasapreko IPO attracts GH¢1.72bn in oversubscribed bids

    Kasapreko PLC's Initial Public Offering received total bids of approximately GH¢1.72 billion, more than double its GH¢700 million target and representing a 246% subscription level. The oversubscribed offering is attributed to the beverage manufacturer's strong brand portfolio, growth trajectory, and expanding export footprint.

    10 June 2026 · Joy Online

  2. Ghana launches women and youth employment programme for 30,000 jobs

    Ghana has officially launched the Ghana Women and Youth Employment and Social Cohesion (GWYESCO) Programme, funded by the African Development Bank, to create more than 30,000 jobs and economic opportunities for women and young people across the country.

    10 June 2026 · Joy Online

  3. Platform-based work driving income in Ghana's billion-dollar digital economy

    A Bolt-commissioned study finds platform-based activity—including ride-hailing, delivery, e-commerce, and freelancing—is increasingly supporting income generation and entrepreneurship in Ghana's estimated $1 billion digital services economy. Ride-hailing has emerged as the second-largest gig economy segment after e-commerce, with financial independence and flexible earning cited as key drivers.

    10 June 2026 · Joy Online

  4. Microfinance firms seek extended deadline for GH¢50m capital rule

    The Ghana Association of Microfinance Companies has asked the Bank of Ghana to review the implementation timeline for reforms requiring microfinance banks to meet a GH¢50 million minimum capital threshold by December 31, 2026, arguing the deadline and requirements are unrealistic for many operators and could force institutions out of business and undermine financial inclusion.

    10 June 2026 · Joy Online

  5. Global stock markets fall on tech fears and Middle East tensions

    Asian stock markets suffered steep losses on Monday as investors grew concerned about overvalued artificial intelligence investments and a rise in oil prices following renewed Iran-Israel strikes. US markets recovered some losses with the Nasdaq closing up 0.9% and the S&P 500 up 0.3%, though South Korea's Kospi index fell 8.3% and Japan's Nikkei dropped 3.9%.

    10 June 2026 · Joy Online

  6. SG Ghana posts GH¢397m profit amid improving economic conditions

    Societe Generale Ghana PLC reported a profit after tax of GH¢397 million for the 2025 financial year, attributed to improving macroeconomic conditions and growing investor confidence in the banking sector. The bank's share price rose 199 percent during the year as the banking sector's non-performing loan ratio declined to 18.9 percent from 21.8 percent in 2024.

    10 June 2026 · Joy Online

  7. Tafo Zongo breaks ground on new abattoir facility

    A privately financed abattoir and poultry processing centre with an estimated cost of about GH¢1m has begun construction in Tafo Zongo, expected to employ close to 200 people and serve the community and neighbouring areas.

    10 June 2026 · Joy Online

  8. Company Secretaries' Summit and Awards scheduled for July 2026

    Ghana's Company Secretaries' Summit and Awards 2026 is scheduled for 16 July at Labadi Beach Hotel in Accra, expecting about 200 participants including company secretaries, governance practitioners and corporate leaders. The one-day event will feature discussions on contemporary governance issues and an awards ceremony to recognise excellence in governance practice.

    10 June 2026 · Joy Online

  9. Ghana launches women and youth employment programme for 30,000 jobs

    Ghana has officially launched the Ghana Women and Youth Employment and Social Cohesion (GWYESCO) Programme, funded by the African Development Bank, aimed at creating more than 30,000 jobs and economic opportunities for women and young people. The initiative, implemented through the Social Investment Fund, seeks to address youth unemployment, promote women's economic empowerment, and strengthen social cohesion in vulnerable communities.

    10 June 2026 · Business & Financial Times

  10. MP praises Free Zones Authority, urges Act review

    Michael Okyere Baafi, Ranking Member of Parliament's Trade, Industry, and Tourism Committee, praised the Ghana Free Zones Authority's progress in attracting investment and creating employment, and urged management to review the Free Zones Act to keep pace with global trade dynamics and strengthen partnerships with international financing institutions.

    10 June 2026 · Joy Online

  11. PPT and MTN launch FlexiPension for informal sector workers

    People's Pension Trust and MTN Mobile Money Fintech Limited have launched FlexiPension, a digital pension product designed to extend retirement savings coverage to millions of informal sector workers traditionally excluded from formal pension arrangements.

    10 June 2026 · Joy Online

  12. GOIL strengthens market position amid intense downstream competition

    Ghana's petroleum downstream sector is experiencing dynamic transformation with intensified competition from indigenous Oil Marketing Companies. GOIL, the leading indigenous OMC and largest retail network operator, recorded over 1.06 billion litres in annual sales and 22.72% peak market share in October 2022, but faced market pressures from 2022–2025 due to shifting consumer patterns and aggressive competition from emerging players.

    10 June 2026 · Joy Online

  13. Ghana's economy grew 6.4% in Q1 2026, driven by services and mining

    Ghana's economy expanded by 6.4 percent in the first quarter of 2026, up from 6.2 percent a year earlier, led by strong growth in the services and industrial sectors. The services sector expanded 7.1 percent and accounted for 45.7 percent of GDP, with information and communication growing 25.2 percent; the GDP deflator declined sharply from 23.9 percent to 4.1 percent, indicating easing inflation.

    10 June 2026 · Business & Financial Times

  14. Yuno partners with Onafriq for Pan-African payments access

    Yuno, a global financial infrastructure platform, has partnered with Onafriq, a Pan-African payments network, to give merchants worldwide access to payment infrastructure spanning 43 African markets, nearly 1 billion mobile wallets, 500 million bank accounts, and 2,000 cross-border corridors through a single API. The partnership aims to reduce complexity and technical overhead for merchants operating across the continent.

    10 June 2026 · Joy Online

  15. Ghana-Germany PSInno project launched to support northern SMEs

    The Private Sector and Innovation Promotion (PSInno) project has been launched in Tamale to strengthen small and medium-sized enterprises, with support targeting over 1,100 women-led and youth-led businesses in agribusiness and the digital economy. The initiative, implemented by the Northern Regional Coordinating Council with the Ministry of Trade, Agribusiness and Industry and German development agency GIZ, is expected to generate about 2,000 jobs and support around 60 innovations by 2028.

    10 June 2026 · Business & Financial Times

  16. Ghana's economy grows 6.4% in Q1 2026, led by services

    Ghana's GDP expanded by 6.4 percent in the first quarter of 2026, up from 6.2 percent a year earlier, with the Services sector accounting for 48.3 percent of overall GDP growth, driven by ICT expansion of 25.2 percent, while Mining and Quarrying grew by 10.7 percent.

    10 June 2026 · Joy Online

  17. Ghana's economy grows 6.4% in Q1 2026, led by services

    Ghana's GDP expanded 6.4% in the first quarter of 2026, up from 6.2% a year earlier, with the Services sector driving growth at 7.1% and accounting for 48.3% of overall GDP growth. The Industry sector accelerated to 6.9%, boosted by Mining and Quarrying (10.7%) and Oil and Gas (7.0%), while Agriculture grew 4.0% despite a sharp 18.5% decline in Fishing.

    10 June 2026 · Joy Online

  18. Ahmad Tea appoints Antoine Semenyo as global brand ambassador

    Ahmad Tea announced the appointment of Premier League and Ghana international footballer Antoine Semenyo as its new Global Brand Ambassador. The partnership features Semenyo in Ahmad Tea's "Preparation is Everything" campaign, celebrating the dedication and excellence required in both professional sport and the brand's craftsmanship.

    10 June 2026 · Joy Online

  19. Ahmad Tea appoints Antoine Semenyo as Global Brand Ambassador

    Ahmad Tea announced Premier League and Ghana international footballer Antoine Semenyo as its Global Brand Ambassador ahead of the 2026 FIFA World Cup. Semenyo will feature in the brand's "Preparation is Everything" campaign, which draws parallels between the meticulous craftsmanship of Ahmad Tea blends and the dedication required for success in professional sport.

    10 June 2026 · Joy Online

  20. AfDB pegs Ghana unemployment at 13.1%, inequality at 43.5%

    The African Development Bank reports in its Economic Outlook 2026 that unemployment and inequality remain high in Ghana, with joblessness disproportionately affecting women at 14.8% and youth at 32%, signaling non-inclusive growth.

    10 June 2026 · Joy Online

  21. AfDB pegs Ghana's unemployment at 13.1%, inequality at 43.5%

    The African Development Bank's 2026 Economic Outlook reports that Ghana's unemployment stands at 13.1% and inequality at 43.5%, with unemployment disproportionately affecting women (14.8%) and youth (32%). The medium-term outlook remains positive, with inflation expected to decline to single digits and fiscal deficit projected to remain broadly within target.

    10 June 2026 · Joy Online

  22. PPT and MTN launch FlexiPension for informal sector workers

    People's Pension Trust and MTN Mobile Money Fintech have launched FlexiPension, a digital personal pension product designed to extend pension coverage to informal sector workers previously excluded from formal pension arrangements.

    10 June 2026 · Joy Online

  23. Maxceeda Ghana wins praise at West Africa beauty expo

    Maxceeda Ghana was highlighted as a standout exhibitor at the 10th Beauty, Cosmetics & Wellness West Africa expo held at UPSA Auditorium from June 3–5, 2026, with participants praising the company's innovative beauty, wellness, and lifestyle products and its commitment to quality and accessibility.

    10 June 2026 · Business & Financial Times

  24. Maxceeda Ghana praised at tenth Beauty, Cosmetics expo

    Maxceeda Ghana was a standout exhibitor at the 10th Beauty, Cosmetics & Wellness West Africa expo held June 3–5 at UPSA Auditorium, where participants and industry stakeholders praised the company's innovative beauty, wellness, and lifestyle products and its commitment to quality and customer care.

    10 June 2026 · Business & Financial Times

  25. Tony Elumelu appointed chairman of Seplat Energy

    Tony Elumelu, founder and chairman of Heirs Holdings, has been appointed chairman of Seplat Energy effective January 2027, succeeding Senator Udoma Udo Udoma. Engr. Effiong Okon was also appointed Chief Executive Officer, commencing 1st August 2026.

    10 June 2026 · Joy Online

  26. Tony Elumelu appointed Seplat Energy chairman from January 2027

    The Board of Seplat Energy has announced Tony Elumelu as the next Chairman, succeeding Senator Udoma Udo Udoma effective January 2027. The board has also appointed Engr. Effiong Okon as Chief Executive Officer from 1st August 2026.

    10 June 2026 · Joy Online

  27. AfDB projects Ghana 5.0% GDP growth in 2026, highlights financing gap

    The African Development Bank projects Ghana will grow at 5.0% in 2026 and 5.4% in 2027, down from an estimated 5.8% in 2025, but warns the country faces an investment financing gap of about 9% of GDP due to high public debt and low domestic revenue.

    10 June 2026 · Joy Online

  28. AfDB projects Ghana's GDP growth at 5.0% in 2026, flags financing gap

    The African Development Bank projects Ghana's GDP growth at 5.0% in 2026 and 5.4% in 2027, supported by improved confidence and macroeconomic management, but warns the country faces an estimated investment financing gap of about 9% of GDP due to high public debt and low domestic revenue.

    10 June 2026 · Joy Online

  29. NLA director calls for unified action against illegal gambling

    The Director-General of Ghana's National Lottery Authority addressed European Lotteries and African Lotteries Association members at the 2026 EL Industry Days in Morocco, urging a coordinated effort to combat illegal gambling and protect economies from revenue losses. The conference, themed "Lotteries Bridging Continents," brought together over 200 participants to share best practices on responsible gaming, digital solutions, and strategies against illegal operators.

    10 June 2026 · Joy Online

  30. NLA Director-General calls for concerted fight against illegal gambling

    At the European Lotteries Industry Days in Marrakesh, the NLA Director-General urged members to combat illegal gambling to protect economies and citizens from revenue losses. The conference, themed "Lotteries Bridging Continents," aims to foster collaboration between Europe and Africa on gaming industry challenges, responsible gaming, and strategies against illegal practices.

    10 June 2026 · Joy Online

  31. Betway Ghana marks 10 years with customer-focused anniversary campaign

    Betway is celebrating ten years of operations in Ghana this June with the "IT'S YOUR TEN" campaign, which shifts focus from the brand to reward customer loyalty and engage sports fans who have been part of its journey.

    10 June 2026 · Joy Online

  32. Betway Ghana marks decade in business with customer rewards campaign

    Betway is celebrating ten years of operations in Ghana this June with the "IT'S YOUR TEN" campaign, designed to reward customer loyalty and place focus on the customers who have supported the sports betting platform throughout its decade in the country.

    10 June 2026 · Joy Online

  33. Sub-Saharan Africa leads mobile financial services innovation globally

    Seven of every ten mobile transactions worldwide occur in Africa, driven by fintech systems like Kenya's M-Pesa (launched 2007), which has expanded from money transfers to utilities, loans, insurance, and government services. Digital platforms like Twiga have also improved agricultural supply chains, reducing crop losses from 30% to 4%.

    10 June 2026 · The Ghanaian Times

  34. Sub-Saharan Africa leads mobile financial services innovation

    Sub-Saharan Africa accounts for seven of every ten mobile transactions worldwide. Kenya's M-Pesa system, launched in 2007, pioneered mobile money services and expanded to utilities, loans, government services, and investments, while Kenya's IT infrastructure has spurred digital platforms in agriculture and pharmaceuticals.

    10 June 2026 · The Ghanaian Times

  35. Electroland Ghana partners Tribe Culture Fest for World Cup activations

    Electroland Ghana has partnered with Tribe Culture Fest as the festival's official electronics and appliances partner for World Cup-related activities and activations. The collaboration aims to enhance fan experiences and public engagement through entertainment, culture, and sports-focused initiatives.

    10 June 2026 · Joy Online

  36. Electroland Ghana partners Tribe Culture Fest on World Cup activations

    Electroland Ghana has become the official electronics and appliances partner of Tribe Culture Fest for World Cup-related activities and activations. The partnership aims to enhance fan experiences and increase public engagement through entertainment, culture and sports-focused initiatives.

    10 June 2026 · Joy Online

  37. Arbitral tribunal rules against B-Bovid founder Ouedraogo

    An arbitral tribunal has ruled in favour of Moringa Mauritius Africa and B-Bovid Limited against founder Issa Ouedraogo, upholding that he was validly removed as CEO on January 19, 2021, and ordering him to refund salary payments, render accounts, return company property, pay GHS289,193 in damages, and cover costs of US$290,057.10 and GHS35,609.45.

    10 June 2026 · Business & Financial Times

  38. Arbitral tribunal rules against B-Bovid founder in dispute

    An arbitral tribunal has ruled in favour of Moringa Mauritius Africa and B-Bovid Limited against B-Bovid founder Issa Ouedraogo, confirming his valid removal as CEO on January 19, 2021, and dismissing all his counterclaims. The tribunal ordered Ouedraogo to refund salary payments, render accounts, return company property, and pay GHS289,193 in damages plus costs of US$290,057.10 and GHS35,609.45.

    10 June 2026 · Business & Financial Times

  39. Korle Klottey Assembly launches inaugural business and investment forum

    The Korle Klottey Municipal Assembly held its first Business and Investment Forum in Accra to position the municipality as a premier business and investment destination. The event included the launch of the Korle Klottey Business and Investment Guide 2026 and the Sustainable Development Goals Voluntary Local Review Report 2025, with the MCE describing the forum as an annual platform for assessing investment opportunities and tracking economic transformation.

    10 June 2026 · The Ghanaian Times

  40. Korle Klottey launches inaugural business forum to attract investors

    The Korle Klottey Municipal Assembly held its first Business and Investment Forum in Accra to position the municipality as a premier business and investment destination. The MCE stated that the forum would serve as an annual platform for stakeholders to assess investment opportunities and track economic transformation, while highlighting the municipality's strategic position as Ghana's commercial and financial hub.

    10 June 2026 · The Ghanaian Times

  41. UBA Ghana advancing digital banking through payment innovation

    Ghana's payments landscape is transforming toward a more connected and inclusive financial ecosystem through digital banking adoption, with institutions like Ghana Interbank Payment and Settlement Systems strengthening interoperability. United Bank for Africa Ghana positions digital innovation as central to making banking simpler, faster, and more accessible for individuals and businesses.

    10 June 2026 · Business & Financial Times

  42. UBA Ghana advances digital banking amid country's payments transformation

    Ghana's financial sector is shifting toward digital banking and electronic payments, with institutions like Ghana Interbank Payment and Settlement Systems strengthening interoperability. United Bank for Africa Ghana says digital innovation is central to making banking simpler and more accessible for individuals and businesses.

    10 June 2026 · Business & Financial Times

  43. GOIL strengthens position amid intense competition in fuel sector

    Ghana's petroleum downstream sector is experiencing rapid transformation with increased competition and market expansion. GOIL PLC, the leading indigenous Oil Marketing Company with the largest retail network, recorded over 1.06 billion litres in annual sales and a peak market share of 22.72% in October 2022, but has faced intense market pressures since then due to aggressive competition from new indigenous businesses and shifting consumer patterns.

    10 June 2026 · Business & Financial Times

  44. Unilever Ghana profit surges to GH¢94m in 2025

    Unilever Ghana PLC recorded a profit after tax of GH¢94 million in 2025, up from GH¢58 million in 2024, driven by improved macroeconomic conditions and strong growth across key product categories. The Board Chairman attributed the performance to Ghana's economic recovery, including 6.1 per cent GDP growth in the first three quarters of 2025, cedi appreciation, and inflation decline to 5.4 per cent.

    10 June 2026 · The Ghanaian Times

  45. GSS targets mid-2027 rollout of rebased GDP and inflation data

    The Ghana Statistical Service plans to introduce rebased GDP and Consumer Price Index figures by mid-2027 to provide more accurate economic indicators and reflect current consumption patterns, contingent on timely funding from the Ministry of Finance.

    10 June 2026 · Joy Online

  46. Government offers tax incentives for factories outside Accra

    The government is introducing tax incentives for companies and investors who establish factories outside Accra as part of a strategy to decentralise industrial development and address rural-urban migration and uneven economic distribution across the country.

    10 June 2026 · The Ghanaian Times

  47. Kumasi market traders urge Contracta not to close regional office

    The Combined Kumasi Central Market Traders Union has petitioned Contracta Construction Company not to shut down its Kumasi office, citing concerns that closure could lead to abandonment of projects including the stalled Kejetia Phase II Market redevelopment project. Traders, who have surrendered trading spaces for the project, fear for its future amid funding delays and suspended work.

    10 June 2026 · Joy Online

  48. EU orders Meta to restore WhatsApp access for rival AI chatbots

    The European Commission has ordered Meta to allow AI chatbots from rival firms to use WhatsApp for free while it investigates whether Meta's ban on third-party AI assistants from the WhatsApp for Business API breaches EU competition rules. Meta has reacted angrily and says it will appeal.

    10 June 2026 · Joy Online

  49. Anthropic releases AI tool deemed too powerful for public

    Anthropic has released Claude Fable, a version of its AI program Claude Mythos that the company previously said was too powerful to make publicly available due to security and hacking risks. The company said it is releasing Fable with safeguards and user limitations, though it acknowledged that "releasing a model this capable comes with risks".

    10 June 2026 · Joy Online

  50. Stratcomm Africa CEO honoured for women's leadership development

    Ms. Esther A.N. Cobbah, CEO of Strategic Communications Africa Ltd, has been recognised by the Ghana Employers' Association for her contribution to women's leadership development. Since 2019, she has facilitated the GEA NHO Female Future Programme, which has equipped close to 500 female professionals with leadership skills across Ghana and Africa.

    10 June 2026 · Business & Financial Times

  51. TSMC does not rule out price rises amid inflation pressures

    Taiwan Semiconductor Manufacturing Company, the world's largest chipmaker, has told the BBC that inflation is pushing up costs and has not ruled out price rises, though its CFO said the firm would not introduce sudden "fourfold, fivefold" increases. Any price increases could eventually affect customers' electronic device costs.

    10 June 2026 · Joy Online

Tuesday 9 June

  1. GIISDEC to launch data centre for industrial materials transparency

    Ghana Integrated Iron and Steel Development Corporation (GIISDEC) will launch a data centre within the next month to improve data management, enhance regulatory oversight, and strengthen transparency in the industrial materials value chain. The facility will serve as a central platform for storing and managing information to support the promotion and regulated sale of industrial materials, implemented in collaboration with the Ghana Geological Survey Authority.

    9 June 2026 · Joy Online

  2. Big Events Ghana defends credibility amid ministerial awards controversy

    Big Events Ghana founder Prince Mackay defended his organisation's reputation following public criticism of a recent ministerial awards scheme, asserting that the company has organised awards for 17 years and built a solid track record in Ghana's events industry.

    9 June 2026 · Joy Online

  3. Ecobank Ghana reports 28% profit growth, stronger capital position

    Ecobank Ghana's 2025 financial results show Profit Before Tax of GH¢3.03 billion (up 28%), Profit After Tax of GH¢1.82 billion, and shareholders' funds strengthened from GH¢5.4 billion to GH¢7.2 billion, with Capital Adequacy Ratio improving to 21.48%.

    9 June 2026 · Business & Financial Times

  4. Generative AI enables cyberattacks, lowering barriers for criminals

    Generative AI capabilities that drive business innovation also empower cybercriminals to automate attacks, personalize social engineering, create deepfakes, and develop adaptive malware—shifting cybersecurity threats by enabling individuals with modest technical knowledge to conduct sophisticated attacks previously requiring specialized skills.

    9 June 2026 · Business & Financial Times

  5. ESG reporting in Ghana prioritizes metrics over measurable outcomes

    ESG reporting in Ghana and Africa has expanded rapidly but often emphasizes impressive output figures while failing to track whether initiatives actually benefit communities or create lasting change. The article argues that corporations prioritize visibility over verifiability, leaving the true value of many sustainability efforts unclear.

    9 June 2026 · Business & Financial Times

  6. Flutterwave positions stablecoins as Africa's cross-border payment upgrade

    Flutterwave Founder and CEO Olugbenga Agboola has unveiled a vision for Africa's financial operating system, positioning stablecoins as a faster settlement layer for cross-border payments that operates at internet speed rather than banking hours. Agboola emphasised that stablecoins, integrated into Flutterwave's existing network, remain dependent on intermediary infrastructure to handle compliance, anti-money laundering requirements, and local bank payouts across jurisdictions.

    9 June 2026 · Business & Financial Times

  7. Flutterwave and Tempo partner on stablecoin payments infrastructure

    Flutterwave and Tempo have announced a strategic partnership to integrate Tempo's blockchain network within Flutterwave's Send App and for Business platforms to enable faster, more efficient cross-border payments and settlements across Africa, addressing high remittance fees and settlement delays.

    9 June 2026 · Business & Financial Times

  8. Company Secretaries Summit and Awards scheduled July 16

    Ghana's governance professionals will converge at the Labadi Beach Hotel in Accra on July 16 for the Company Secretaries' Summit and Awards, a full-day programme featuring keynote addresses, panel discussions, and an awards ceremony focused on boardroom dynamics, regulatory compliance, digital transformation, and stakeholder expectations.

    9 June 2026 · Business & Financial Times

  9. Okyeame Kwame becomes Ghacem waterproof cement brand ambassador

    Ghanaian musician Okyeame Kwame has signed a brand ambassadorial deal with Ghacem to promote Super Strong Waterproof Cement, designed to block moisture and prevent dampness in walls. The partnership was unveiled at a ceremony held at the Ghacem Tema Factory.

    9 June 2026 · Joy Online

  10. HealthTech Ghana wins medical tech award amid hospital expansion

    HealthTech Ghana Limited has been named Innovative Medical Technology Distribution Company of the Year at the 9th Ghana West Africa Business Excellence Awards. The award coincides with the company's public-private partnership with the Ministry of Defence to restore and expand diagnostic services at 37 Military Hospital in Accra, introducing Ghana's first Philips BlueSeal 1.5 Tesla helium-free MRI system and expanding access to CT scanning, digital X-ray, mammography, ultrasound, and laboratory testing.

    9 June 2026 · Joy Online

  11. Caveman Watches founder featured in Forbes Africa 2026

    Anthony Mensah Dzamefe's Ghanaian luxury watchmaker Caveman Watches has earned a feature in Forbes Africa Ghana 2026: Africa Undiscovered Edition, recognized for reshaping perceptions of African-made luxury products and positioning Ghana as a hub for world-class craftsmanship. The brand has grown to serve customers across Africa, Europe, North America, and the Middle East.

    9 June 2026 · Joy Online

  12. Prudential Bank CIO wins Master Category at World CIO 200 Summit

    Leopold L. L. Armah, Chief Information Officer of Prudential Bank, has been named "Winner in the Master Category" at the 2026 World CIO 200 Summit, an award that recognises outstanding leadership in digital transformation, cybersecurity and innovation.

    9 June 2026 · Joy Online

  13. Entrepreneurs must understand Ghana's business regulatory framework

    An accounting consultant advises that successful business operations require compliance with Ghana's regulatory framework, including registration with the Office of the Registrar of Companies and tax compliance with the Ghana Revenue Authority, to avoid penalties and lost opportunities.

    9 June 2026 · Business & Financial Times

  14. Millennium Excellence Foundation hosts Africa investment summit in Washington DC

    Millennium Excellence Foundation, partnering with IC Publications, will host the Africa Business Investment Summit 2026 in Washington DC on 27 August under the Royal Patronage of Otumfuo Osei Tutu II. The summit aims to facilitate a minimum of USD 500,000,000 in structured capital commitments between African deal originators and US-based investors across seven sector tracks.

    9 June 2026 · Joy Online

  15. Arbitral tribunal rules against B-Bovid founder Ouedraogo

    An arbitral tribunal has ruled in favour of Moringa Mauritius Africa and B-Bovid Limited against founder Issa Ouedraogo, upholding all their claims and dismissing his counterclaims. The tribunal confirmed Ouedraogo's valid removal as CEO in January 2021, issued a perpetual injunction restraining him from interfering with the company, and ordered him to pay GHS289,193 in damages plus costs of US$290,057.10 and GHS35,609.45, refund post-removal salary payments, and render accounts of transactions conducted on behalf of B-Bovid.

    9 June 2026 · Business & Financial Times

  16. Club Lager launches FIFA World Cup consumer campaign

    Accra Brewery PLC unveiled its FIFA World Cup consumer campaign at the Accra City Hotel on 5 June 2026, featuring the official Club Lager World Cup Jersey and special edition label. The "Cheers To Our Chales" campaign celebrates the relationships and moments people share around football during the World Cup season.

    9 June 2026 · Joy Online

  17. High NPL ratio limits benefits of monetary policy easing

    An economist at the University of Ghana argues that falling monetary policy rates will have limited impact on businesses unless the banking sector's elevated non-performing loan ratio is addressed. The NPL ratio declined to 18.0 percent in April 2026 from 23.6 percent a year earlier, but the Bank of Ghana has directed banks to reduce it below 15 percent by end-2026 and further to 10 percent by 2027.

    9 June 2026 · Business & Financial Times

  18. Ghana's non-traditional exports hit record $5 billion

    Ghana's non-traditional export sector earned a record US$5.006 billion in 2025, a 30.7 per cent increase from US$3.83 billion in 2024, prompting exporters to be urged to sustain the compliance and innovation that drove the milestone achievement.

    9 June 2026 · Joy Online

  19. Cargo-tracking fee proposal re-emerges through Transport Ministry

    A renewed attempt to introduce a cargo-tracking system—involving Advance Cargo Information, Electronic Cargo Tracking Note, or Smart Port Note technologies—has raised concerns in the trade and logistics sector that it could introduce additional mandatory charges on importers, exporters, freight forwarders, shipping lines, and consumers. The policy, previously shelved at the Ministry of Trade, is now being pursued through the Ministry of Transport, with Inter-Ocean Maritime and Logistics Institute Limited reportedly seeking official backing for the service.

    9 June 2026 · Joy Online

  20. COCOBOD plans new local financing model for cocoa purchases

    Ghana's Cocoa Board is advancing a new locally financed funding mechanism using commercial paper to raise working capital for cocoa purchases, with plans to roll out the facility before the 2026/2027 cocoa crop season. The initiative involves pension funds, commercial banks, and international cocoa buyers, and is intended to replace Ghana's three-decade-old syndicated loan arrangement with a more flexible and sustainable source of funding.

    9 June 2026 · Daily Guide

  21. KGL remits GH¢173m to National Lottery Authority in 2025

    KGL Technology Limited paid GH¢173,360,000 to the National Lottery Authority in 2025, equivalent to 3.86 times the combined payments of the 29 other licensed operators, which together remitted GH¢44,900,161.23. KGL's contribution accounted for 79.4 percent of the total GH¢218.3 million paid by all licensed private operators in 2025.

    9 June 2026 · Business & Financial Times

  22. Bond market turnover rises 240% to GH¢1.62 billion

    Secondary market turnover rebounded strongly by 240.60% week-on-week to GH¢1.62 billion, led by 2027–2030 maturities at 57.67% of total trades. Databank Research expects moderate yield increases to sustain investor interest, with demand likely remaining concentrated in the near-maturity segment.

    9 June 2026 · Joy Online

  23. Ghana International Horticulture Expo 2026 moved to September

    The Federation of Associations of Ghanaian Exporters has postponed the 3rd Ghana International Horticulture Expo from June 11–13, 2026, to September 3–5, 2026, citing competing national programmes, international business engagements, and global sporting activities during the original period.

    9 June 2026 · Joy Online

  24. Lancaster University Ghana academic wins Best Reviewer Award

    Dr Gloria Sraha, Head of Business Studies at Lancaster University Ghana, received the Best Reviewer Award and Naresh Malhotra Fellowship at the 2026 Academy of International Business Africa Conference in Nairobi. She also presented research on the influence of digital technology-enabled export promotion programmes on export development in Ghana.

    9 June 2026 · The Ghanaian Times

  25. Africa must build AI capacity to ensure technological sovereignty

    Africa needs to develop its own innovation capacity to create and govern AI systems that reflect African realities rather than relying on technology designed elsewhere. African startups raised $3.9 billion across 506 deals in 2025, with African investors accounting for 45 per cent of total funding, a record high.

    9 June 2026 · Business & Financial Times

  26. Premix Fuel audit recovers GH₵4.6m in unaccounted margins

    The National Premix Fuel Secretariat has recovered GH₵4.6 million in unaccounted funds from an audit covering 2016 to 2024, with 167 Landing Beach Committees covered and 34 fully verified. The recovered margins are part of proceeds earmarked for development projects in Ghana's fishing communities.

    9 June 2026 · The Chronicle

  27. Ghana-Africa Business Awards honour intra-African trade businesses

    The Ghana-Africa Business Awards ceremony, held in Accra during Africa Day 2026, recognised enterprises and individuals promoting trade and investment between Ghana and other African countries under the AfCFTA. The awards, established in 2004 and now in their 20th edition, coincided with the fifth anniversary of AfCFTA and are organised under the Ministry of Foreign Affairs and Regional Integration's auspices.

    9 June 2026 · Business & Financial Times

  28. Ghana Link denies CSO allegations of ICUMS platform dysfunction

    Ghana Link Network Services Ltd, operator of the Integrated Customs Management System (ICUMS), has rejected claims by civil society organisations that the platform is dysfunctional and disrupting port and customs operations, calling the allegations baseless and unsupported by verifiable evidence. The company stated that CSO claims of "frequent downtimes" lack specific dates, incident references, affected transactions, or technical evidence.

    9 June 2026 · The Ghanaian Times

  29. Ghana-Canada Investment Forum set for June 2026 in Toronto

    Ghana and Canada will host an investment forum on June 15, 2026, in Toronto to explore strategic investment opportunities, foster partnerships, and advance Ghana's economic transformation agenda, including its 24-Hour Economy and Accelerated Export Development Programme.

    9 June 2026 · Business & Financial Times

  30. Stanbic Bank donates GH¢400,000 relief items to NADMO

    Stanbic Bank Ghana has donated relief items worth GH¢400,000 to the National Disaster Management Organisation to support communities affected by recent flooding and fire incidents across Accra and other parts of the country.

    9 June 2026 · The Ghanaian Times

  31. Finance minister raises 2026 petroleum revenue target to US$1.5 billion

    Ghana's finance minister has revised the end-year 2026 petroleum revenue target upward to approximately US$1.5 billion from the initially budgeted US$985 million, citing rising international crude oil prices driven by Middle East developments. Details of the revision will be presented in the Mid-Year Budget Review in July 2026.

    9 June 2026 · Joy Online

  32. State enterprises turned profit in 2024, lost GH¢9.7bn overall

    The 2024 State Ownership Report shows 35 of 54 state-owned enterprises turned a profit, but the sector posted a net loss of GH¢9.68 billion after tax, worse than the GH¢7.14 billion loss in 2023, driven by losses at a handful of giant utilities and currency revaluation effects from the weakening cedi.

    9 June 2026 · Business & Financial Times

  33. PHDC CEO defends 5,000-hectare land decision for petroleum hub

    The CEO of the Petroleum Hub Development Corporation defended the Lands Commission's decision to gazette 5,000 hectares for the Petroleum Hub project, stating it was based on a written directive from President John Dramani Mahama following his announcement to the Western Regional House of Chiefs on July 30, 2025.

    9 June 2026 · The Ghanaian Times

  34. Fifth West Africa Pharma, Healthcare Expo opens in Accra

    The fifth edition of the West Africa Pharma and Healthcare Expo opened in Accra with calls for government, private sector, and development partners to advance Ghana's position as a hub for health sector investment and local manufacturing. The three-day event brought together healthcare professionals, pharmaceutical leaders, policymakers, and investors, with the Ministry of Health disclosing plans for Ghana to produce its first locally manufactured vaccine next year.

    9 June 2026 · The Ghanaian Times

  35. Unilever Ghana reports profit growth amid resilient economy

    Unilever Ghana PLC held its 2026 AGM to review 2025 performance, reporting a profit of GH¢94 million (up from GH¢58 million in 2024) and broad-based portfolio growth across Personal Care, Beauty and Well-being, Home Care, and Nutrition categories, supported by Ghana's improved macroeconomic conditions.

    9 June 2026 · Joy Online

  36. MTN Ads platform enables targeted marketing for Ghanaian businesses

    MTN Ghana showcased its MTN Ads platform at a Digital Transformation Conference in Accra, which provides businesses and digital marketers with customer insights and behavioural data to deliver personalised communication to defined audience segments. The platform leverages mobility and location data to help businesses optimise customer engagement and marketing outcomes.

    9 June 2026 · Joy Online

  37. Indian aviation firm explores helicopter operations at Ho Airport

    A delegation from Chipsan Aviation Limited of India is in Ghana for investment and stakeholder engagement focused on developing helicopter operations at Ho Airport in the Volta Region, with meetings planned with government officials and aviation regulators.

    9 June 2026 · Joy Online

  38. ITAS system will not introduce new taxes, GRA assures businesses

    Ghana Revenue Authority Commissioner-General Anthony Kwasi Sarpong has assured the business community that the Integrated Tax Administration System (ITAS) will not lead to new taxes, but is instead designed to enhance efficiency and transparency in tax administration. The system will serve as a digital platform allowing businesses to register, file returns, and make payments seamlessly.

    9 June 2026 · Joy Online

  39. Cargo-tracking fee scheme re-emerges via Transport Ministry

    A renewed attempt to introduce a cargo-tracking regime through Ghana's Ministry of Transport has triggered fresh concerns in the trade and logistics sector. The proposed system—described as Advance Cargo Information (ACI), Electronic Cargo Tracking Note (ECTN), or Smart Port Note (SPN)—could introduce additional mandatory charges affecting importers, exporters, freight forwarders, shipping lines, and consumers, after a similar effort failed at the Ministry of Trade, Agribusiness and Industry.

    9 June 2026 · Business & Financial Times

  40. Italy regulator closes Meta WhatsApp AI investigation

    Italy's competition authority (AGCM) has dropped its investigation into Meta over allegations of abusing its dominant position by installing an AI tool on WhatsApp, citing the European Commission's extension of its own probe to cover Italian territory.

    9 June 2026 · Joy Online

  41. Advans Ghana reports 256% profit surge to GH¢66.9 million

    Advans Ghana Savings and Loans Limited posted net profit of GH¢66.9 million in 2025, up 256 percent from GH¢18.7 million in 2024, with its gross loan portfolio expanding to GH¢580 million and active client base reaching 149,000.

    9 June 2026 · Business & Financial Times

  42. COCOBOD plans tranche-based funding to cut borrowing costs

    Ghana's Cocoa Board is preparing a tranche-based commercial paper programme ahead of the 2026/2027 season to reduce financing costs and decrease dependence on offshore borrowing. The incremental funding model, targeted at domestic pension funds, banks, and cocoa value-chain participants, is intended to improve liquidity management and is expected to launch before the next crop season.

    9 June 2026 · Business & Financial Times

  43. Germans show economic pessimism, prioritize savings over spending

    A Boston Consulting Group study found 64% of German respondents rated the economic situation as poor, above the European average of 56%, with four in ten German consumers preferring to save rather than spend additional income due to concerns over inflation and energy costs. Price sensitivity is reshaping German shopping habits, with discounts influencing up to 74% of purchasing decisions and 55% of consumers buying retailers' own-brand food products.

    9 June 2026 · Joy Online

  44. Gold prices fall amid rising U.S. Treasury yields

    Spot gold fell 0.2% to $4,319.98 per ounce on Tuesday for a third consecutive session, pressured by rising Treasury yields that increase the opportunity cost of holding bullion, while Middle East tensions and expectations of higher U.S. interest rates weighed on the market.

    9 June 2026 · Joy Online

  45. Delta Air Lines named top U.S. airline for eighth consecutive year

    Delta Air Lines has earned the No. 1 spot in The Points Guy's 2026 Best Airlines Report for the eighth consecutive year, recognized for operational excellence, premium service, and customer satisfaction across reliability, customer experience, loyalty programs and value.

    9 June 2026 · Business & Financial Times

Ghana Minute