EBID to channel 63% of investments into private sector under new five-year strategy
The President of the ECOWAS Bank for Investment and Development (EBID), Dr. George Agyekum Donkor, has stated that the bank will allocate at least 63% of its total commitments to private sector development under its new five-year strategic plan. Speaking at the 24th Annual General Meeting of the ECOWAS Bank for Investment and Development, Dr. […]
Publican AI may distort import values, increase costs – Freight Forwarders
The Ghana Institute of Freight Forwarders has stated that the government’s newly introduced Publican AI platform at the ports could arbitrarily increase import duties by assigning higher values to goods. Eric Amoah Amponsah, the Head of the Research Committee of the Ghana Institute of Freight Forwarders, said the platform’s valuation method risks departing from globally […]
Editorial: Business community yet to feel full impact of improved macroeconomic indicators
In spite of recent improvements in the country’s macroeconomic indicators, Mr. Mark Baidoo-Aboagye – Chief Executive Officer-Ghana National Chamber of Commerce and Industry (GNCCI) – says this is yet to translate into meaningful relief for businesses, citing structural cost pressures and time-lags in the economy. He acknowledged that the cedi’s strengthening is beginning to ease […]
Importers, freight forwarders threaten strike over ‘flawed’ AI customs valuation
The Coalition of Concerned Exporters, Importers, Traders and Freight Forwarders has threatened industrial action unless the government suspends the implementation of the Publican AI tool used by the Ministry of Finance and the Customs Division of the Ghana Revenue Authority (GRA) for customs valuation and tariff classification at the country’s ports. The group said the […]
Introduce reverse metering for solar users — AGI tells ECG
The President of the Association of Ghana Industries (AGI), Kofi Nsiah-Poku, has urged the Electricity Company of Ghana (ECG) to implement reverse metering, describing its absence as a long-standing challenge without a clear solution. He highlighted that as more businesses invest in solar energy, many are generating excess electricity but lack the means to feed […]
Airport levy key to modernisation drive – Transport Minister
The Ministry of Transport has justified the introduction of the Airport Infrastructure Development Charge, describing it as a strategic move to generate revenue to modernise Ghana’s airports and position the country as a leading aviation hub in Africa. Speaking to journalists, Transport Minister Joseph Bukari Nikpe stated that proceeds from the levy will be used […]
GCB Bank PLC deepens market lead with record GHS3.17bn profit in 2025
GCB Bank PLC, Ghana’s largest indigenous bank, on Wednesday, March 25, 2026, posted a record Profit Before Tax (PBT) of GHS3.17 billion for the 2025 financial year. The profit outturn is a 67.4% increase from a year earlier, underpinned by robust deposit growth that fuelled strong loan book expansion, investments, and growing fee income. Customer […]
Star Oil CEO calls on Ghanaian businesses to speak up or risk being ignored
The Chief Executive Officer of Star Oil, Philip Tieku, has urged Ghanaian businesses to be more vocal about the challenges confronting their respective industries, warning that silence often leads to the neglect of critical issues bedevilling businesses. According to Mr Tieku, many businesses in Ghana adopt a reserved approach when it comes to engaging policymakers, […]
Government moves to rebuild market confidence as Finance Ministry hosts first Investor Forum in three years
The Ministry of Finance has held its first investor town hall engagement since 2021, bringing together investors, bankers and bond market specialists, as government steps up efforts to rebuild confidence in Ghana’s economy and debt market. In his welcome remarks, Chief Director Patrick Nomo described the engagement as an important milestone, expressing optimism that Ghana […]
SGCC & EUROCHAM Convene Stakeholders on Ghana’s New Import Rules and VAT Reforms
On 19th March, the SGCC, in collaboration with EUROCHAM, hosted a breakfast meeting at The Enclave in East Legon, bringing together importers and key stakeholders within Ghana’s trade ecosystem for a highly informative and engaging session. Held under the theme “Navigating Ghana’s Import Regulations: What Every Business Should Know,” the event was designed to provide […]