15% tariff on goods entering U.S snap into effect
The 15 percent tariff imposed on exports from Ghana to the U.S snap into effect U.S government announced the imposition of the tariff on July 31, 2025. The tariff affects African countries including Ghana, Nigeria, Zimbabwe, Zambia, Uganda, Mozambique, Mauritius, Malawi, Lesotho and Madagascar. By this, Ghanaian goods entering the U.S will be subject to […]
Shoprite’s exit from Ghana sparks mixed reactions from consumers
South Africa’s largest grocery retailer, Shoprite Holdings decision to exit the Ghanaian market has generated mixed reactions among customers and the public. While some see the move as an opportunity to boost local industry and encourage the consumption of domestically produced goods, others are concerned about its potential impact on employment, consumer prices, and supply […]
GH¢376m NIA debt invalid without regulatory approval – GRA
The Ghana Revenue Authority (GRA) has strongly refuted claims by the National Identification Authority (NIA) that it owes over GH¢376 million in arrears, an allegation the NIA says led to the disconnection of GRA from its Identity Verification Service (IVS) platform. In a statement issued on Tuesday, August 5, the GRA expressed “great surprise” at […]
AfCFTA Secretariat, BTI, APN Group partner to boost intra-African trade
The African Continental Free Trade Area (AfCFTA) Secretariat has initiated a strategic partnership with the Africa Prosperity Network (APN) Group and Bureau of Translation and Interpretation (BTI), aimed at strengthening intra-African trade and driving regional investment. A central component of the partnership is a new initiative to translate labels on ‘Made in Africa’ products into […]
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 […]