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Business & Financial Times
By Kizito CUDJOE Ghana Chamber of Mines has called on the Bank of Ghana (BoG) to publish a detailed and disaggregated account of foreign exchange inflows from the mining sector, warning that partial data risks misrepresenting the industry’s contribution to the economy. …
Chamber of Mines urges BoG to publish full mining forex inflowsTorrential rainfall on Monday inundated large parts of Accra, paralyzing business activity, disrupting transport, forcing some schools to close, and leaving several communities without electricity as floodwaters submerged roads and homes. The Interior Minister urged residents to remain indoors as further rainfall was forecast.
30 June 2026 · Business & Financial Times →
Torrential rainfall on Monday inundated large parts of Accra, paralyzing business activity, disrupting transport, forcing some schools to close, and leaving several communities without electricity as floodwaters submerged roads and homes. The Interior Minister urged residents to remain indoors as further rainfall was forecast.
30 June 2026 · Business & Financial Times →
A climate finance expert has called for government to establish a dedicated national fund to address recurring floods, waste management challenges and other climate-related risks, proposing a National Climate Resilience and Climate Economy Infrastructure Facility by June 2027 to mobilise at least US$500million in blended finance for critical climate and environmental infrastructure.
26 June 2026 · Business & Financial Times →
Climate experts warn that weak land-use planning, poor enforcement of regulations, and aging infrastructure are leaving Accra communities vulnerable to recurring floods, with a governance and land-use planning expert at UENR noting that many flood mitigation projects focus too heavily on infrastructure procurement while neglecting community resilience.
25 June 2026 · Business & Financial Times →
Ghana's Public Utilities Regulatory Commission has approved a 3.49 percent increase in electricity tariffs and a 0.85 percent rise in water rates effective July 1, citing movements in exchange rates, inflation, gas prices and hydro-thermal generation mix. Energy policy experts argue that tariff adjustments alone fail to address deep-seated operational inefficiencies in the power sector.
24 June 2026 · Business & Financial Times →
The Public Interest and Accountability Committee (PIAC) inspected a petroleum-funded road project in Volta Region and found that the Ehi-Dzodze Road remained unsurfaced despite records showing petroleum revenue allocations for bitumen surfacing; residents told the Committee that only drainage works had been undertaken. The discrepancy has prompted PIAC to seek clarification from relevant authorities amid concerns about delays and oversight of oil-revenue-financed projects.
23 June 2026 · Business & Financial Times →
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 →
Ghana's large-scale mining sector contributed more than GH¢22.22 billion to the economy in 2025 despite global challenges including geopolitical tensions and supply chain disruptions. The sector supported 13,819 direct jobs, spent about US$4.2 billion on local procurement, and invested US$88.6 million in community development initiatives.
10 June 2026 · Business & Financial Times →
Ghana's government is preparing to scale renewable energy beyond pilot projects from 2027, focusing on utility-scale solar, wind, battery storage, mini-grids and electric mobility to reduce reliance on thermal generation. The transition comes as the power sector grapples with mounting debt, transmission bottlenecks and grid stability concerns.
19 May 2026 · Business & Financial Times →
Ghana has procured 300 diesel buses (first batch of 100 Isuzu 29-seaters delivered, with further deliveries in August and November) for Metro Mass Transit and State Transport Corporation, but the move draws criticism for contradicting the 2023 National Electric Vehicle Policy, which targets 35 percent EV penetration in new vehicle sales and 60 percent electrification of government fleet by 2035.
15 May 2026 · Business & Financial Times →
Ghana is working to unlock climate financing through carbon markets, leveraging forest resources and policy frameworks, but faces constraints in project development, measurement systems, and regulatory frameworks. The Minister of State for Climate Change said deepening carbon market participation is among the country's near-term priorities alongside renewable energy and climate-resilient infrastructure.
11 May 2026 · Business & Financial Times →
The Ghana Chamber of Mines has called on the Bank of Ghana to publish detailed, disaggregated data on foreign exchange inflows from mining, arguing that partial data excluding flows through commercial banks misrepresents the industry's economic contribution. The chamber disputes claims that large-scale miners repatriate only 20 percent of export proceeds, noting that mining firms channel forex through both direct central bank sales and commercial bank accounts to meet domestic obligations.
5 May 2026 · Business & Financial Times →