Fiscal discipline yields results
The John Dramani Mahama-led administration has recorded a primary fiscal surplus and delivered below-target budget deficits in first-half 2025, offering additional signs of economic stabilisation. Minister for Finance Dr. Cassiel Ato Forson, presenting government’s 2025 Mid-Year Budget Review to parliament, announced that the country achieved a primary surplus 1.1 percent of GDP on a commitment […]
NHIS Levy, COVID-19 Levy to be abolished in 2026 – Finance Minister
Finance Minister Dr. Cassiel Ato Forson has announced a series of tax reforms under the Value Added Tax (VAT) Act aimed at reducing the burden on Ghanaians and eliminating the cascading effects of certain levies. Delivering the 2025 Mid-Year Budget Statement to Parliament on Thursday, July 24, Dr. Forson outlined major tax policy changes the […]
Ghana Shippers’ Authority Blocks Arbitrary Charges by Shipping Lines, Asserts Regulatory Powers Under New Law
The Ghana Shippers’ Authority (GSA) has begun enforcing its expanded powers under its New Act (Act 1122), with decisive actions that have blocked unjustified fee hikes by shipping service providers. In a statement responding to recent media inquiries about the law’s effectiveness, the GSA confirmed that it has denied proposed increases in charges from several […]
GSS to Businesses: Cut prices, innovate, and pass savings to consumers
As producer costs drop for a fifth consecutive month, the Ghana Statistical Service (GSS) is urging businesses to go beyond price adjustments and rethink their approach to pricing, strategy, and innovation. The call comes as new data shows that inflation at the producer level slowed significantly in June 2025, but the GSS wants to ensure […]
GSE Indices Dip as Market Capitalization Falls by GHS 209m; MTNGH Leads Trade Activity
The benchmark Ghana Stock Exchange (GSE) Composite Index declined by 2.38 points to close at 6,448.12 points at the end of today’s trading session, reducing its Year-To-Date (YTD) return to 31.90%. The GSE Financial Stock Index also shed 3.78 points, closing at 3,429.04 points, with its YTD return pegged at 44.03%. The broader market capitalization […]
GSE Composite Index Inches Higher as Market Capitalisation Rises by GHS 39.26m Amid Sluggish Trading Activity
The Ghana Stock Exchange (GSE) Composite Index advanced by 3.16 points to close at 6,414.88 points, pushing its Year-To-Date (YTD) return to 31.22%. However, the Financial Stock Index (FSI) declined by 10.52 points to settle at 3,429.87 points, despite maintaining an impressive YTD return of 44.06%. The market’s overall capitalisation increased by GHS39.26 million, reaching […]
Ghana responds to US Visa restriction
The Government of Ghana has formally responded to the United States’ recent revision of its visa reciprocity schedule, which affects several African countries, including Ghana. The change reduces the validity of B1/B2 visas for Ghanaian applicants from a five-year multiple entry to just a three-month single entry. In a statement issued by the Ministry of […]
Govt banks on Investment Mapping Project to decentralise FDI flows
The Ghana Investment Promotion Centre (GIPC) has officially launched the Investment Opportunities Mapping Project (IOMP), a groundbreaking national initiative aimed at identifying and promoting viable investment opportunities across all 261 districts of Ghana. The project, developed in collaboration with the Ministry of Trade, Agribusiness and Industry (MoTAI) and the Ghana Export Promotion Authority (GEPA), seeks […]
Equatorial Coca-Cola Bottling Company to acquire Voltic (GH) Limited and West African Refreshments Ltd.
Equatorial Coca-Cola Bottling Company (ECCBC) and Coca-Cola Beverages Africa (CCBA) have reached an agreement for ECCBC to acquire Voltic (GH) Limited (Voltic) and West African Refreshments Limited (WARL). Voltic is a subsidiary of CCBA, and WARL is a subsidiary of CCBA and The Coca-Cola Company (TCCC). The transaction will strengthen ECCBC’s position as a leading […]
Ghana, Côte d’Ivoire to begin joint 330KV power line project
Ghana and Côte d’Ivoire are set to commence the construction of a 330-kilovolt (kV) double-circuit transmission line as part of the West Africa Power Pool (WAPP) initiative. The 243-kilometre cross-border project is designed to boost electricity exchange between the two countries and enhance grid stability across the wider West African region. Feasibility studies have confirmed […]