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 […]
SEC admits 11 Virtual Asset Service Providers into its regulatory sandbox
The Securities and Exchange Commission (SEC) Ghana, has admitted 11 Virtual Asset Service Providers (VASPs) into its regulatory sandbox. The move will enable the SEC pilot its products and services in a controlled environment under the regulatory oversight of the Commission. The eleven VASPs are Blu Penguin, HanyPay, Goldbod, Africoin, Hyro Exchange Gh Ltd., HSB Global […]
We want to make Ghana the hub for production and exporting to the rest of Africa – Mahama
President John Dramani Mahama has spoken about the African Continental Free Trade Area (AfCFTA) duing a meeting held at the Blue House with the President of Korea, Lee Jae-Myung. During the discussion on Wednesday, March 11, President Mahama highlighted that the headquarters of the AfCFTA is based in Accra, Ghana. He also indicated that the […]
Visit to COREGHACO LTD’s COCOPEAT Production Site
A delegation led by the Spanish Ambassador to Ghana, H.E. Ángel Lossada Torres-Quevedo, accompanied by members of his team and representatives of the Spain-Ghana Chamber of Commerce (SGCC), recently visited the site of an exciting new industrial initiative by COREGHACO LTD, a company pioneering the production of COCOPEAT from coconut shells. Also in attendance was […]
Geopolitical shocks are now the norm, Ghana must fix its economy from within – Theo Acheampong
Economist and political risk specialist Dr Theo Acheampong says Ghana must focus on strengthening its internal economic management amid rising geopolitical shocks that are becoming more frequent and unpredictable. Speaking on Joy News’ PM Express Business Edition on Thursday, Dr Acheampong warned that the global environment has changed, with major geopolitical disruptions now occurring far […]
US, UK, China pressure Ghana to stop gold royalty hike
Ghana is being pressured to stop a planned increase in gold royalties that could hurt some of the world’s largest mining companies, according to three sources and a letter seen by Reuters. Ghana, Africa’s top gold producer, wants to replace its fixed 5% royalty with a sliding scale from 5% to 12%, linked to gold […]
Ghana signs debt restructuring deal with Belgium
Ghana has signed a debt restructuring agreement with Belgium as part of ongoing efforts to stabilise the country’s public finances following the severe economic crisis of 2022–2023. Speaking at the signing ceremony, the Minister for Finance, Dr Cassiel Ato Forson, recalled the difficult period Ghana endured during the crisis, which forced the government at the […]