The Deputy Minister for Finance confirmed that WDB Ghana Limited has been registered and the government has applied to the Bank of Ghana for an operating licence to launch the Women's Development Bank. The 2025 budget allocated GH¢51.3 million for the intervention, with a further GH¢450 million provided in the 2026 budget.
14 hours ago · Joy Online →
The Ghana Gold Board has licensed 1,184 gold-buying entities as of 31 May, comprising aggregators, self-financing aggregators, and tier 1 and 2 buyers, all required to source from licensed miners and sell to the Board. Between January 2025 and May 2026, the Board purchased 135.843 metric tonnes of gold, with the vast majority from the artisanal and small-scale mining sector.
15 hours ago · Joy Online →
Deputy Finance Minister Thomas Ampem Nyarko told Parliament that from January 2025 to May 2026, the Gold Board spent approximately US$16.1 billion on gold purchases, with US$9.8 billion expended in 2025. The government is shifting Ghana's gold economy from an unregulated system to a structured, transparent one where gold is properly accounted for and benefits the national economy.
15 hours ago · Joy Online →
Deputy Finance Minister Thomas Ampem Nyarko told Parliament that COCOBOD's indebtedness to fertilizer and agrochemical suppliers stems from a broader fiscal crisis: procurement commitments systematically exceeded budgetary allocations across 2021–2024, with spending continuing despite unpaid previous seasons' bills.
15 hours ago · Joy Online →