GENERAL ASSEMBLY : APPOINTMENT OF NEW BOARD OF DIRECTORS
SGCC held its 2025 General Assembly (GA) under the patronage of the Spanish Ambassador to Ghana, H.EAngel LossadaTorres-Quevedo, to usher in a new board of directors for the next 3-year mandate. The event was held at the Labadi Beach Hotel yesterday. The evening began with opening remarks from the President of the Chamber, Joaquin Roura, […]
Trade Minister Hints at Business Regulatory Reform Programme Implementation to Boost Private Sector Growth
Trade Minister Hints at Business Regulatory Reform Programme Implementation to Boost Private Sector Growth The Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has reaffirmed the government’s commitment to improving Ghana’s business environment through the implementation of the Business Regulatory Reform Program (BRRP). Speaking at the launch of the 2024 Ghana Business Ready Report by the World […]
Parliament Repeals Betting Tax as Income Tax (Amendment) Bill Passes
Parliament Repeals Betting Tax as Income Tax (Amendment) Bill Passes Parliament has passed the Income Tax (Amendment) Bill, effectively abolishing the controversial betting tax. The bill now awaits President John Mahama’s assent to become law. The betting tax, imposed on sports betting and related wagers, had faced widespread opposition from industry players and the public. […]
Ghana’s total public debt falls to GH¢726.7bn in December 2024; fiscal deficit-to-GDP estimated at 5.2%
Ghana’s total public debt fell by GH¢15.8 billion month-on-month to GH¢726.7 billion in December 2024, the Bank of Ghana has disclosed in its March 2025 Summary of Financial and Economic Data. In November 2024, the country’s total public debt stood at GH¢742.5 billion. However, in dollar terms, the total debt stock was estimated at US$49.4 […]
GBfoods Ghana Strengthens Trade Partnerships with Key Distributors
‘Hosts inaugural Conference to drive business growth’ GBfoods Ghana, a leading food manufacturing company and market leader in tomato cooking bases and taste enhancers, has successfully hosted its inaugural Key Distributor Conference. The event, held in Accra and Kumasi, brought together key trade partners from across the country to discuss business strategies, enhance collaboration, and […]
Fight against corruption: Team Europe launches 12.7m euros project
Team Europe (European Union and Germany) have announced the launch of a 3-year “Strengthening the Rule of Law and Fight Against Corruption in Ghana” project as part of a broader initiative to support good governance and foster accountability in Ghana under the programme “Participation, Accountability and Integrity for a Resilient Democracy” (PAIReD). PAIReD is commissioned […]
PwC Pre-Budget Survey: Between 60% and 70% of business leaders want solutions that will stabilise economy
Between 60% and 70% of business leaders want the government to prioritise solutions that would result in the Ghanaian economy in a stable and stronger Ghana cedi, reduced public debt, and low interest rates. Over 50% also expect the 2025 Budget to help bring inflation to single-digit. According to the PwC Ghana 2025 Budget Digest, […]
President orders audit of SOEs – Exercise to block inefficiencies, deliver value
President John Dramani Mahama has instructed the State Interests and Governance Authority (SIGA) to commission independent audits of state-owned enterprises (SOEs) to identify inefficiencies and financial leakages, emphasising that the government will not sustain entities that fail to deliver value to the nation. The directive aims to align SOEs with the country’s economic goals […]
Only three SOEs paid dividends in 2024 – Finance Minister raises alarm over losses
The Minister of Finance, Dr Cassiel Ato Forson, has revealed that only three State-Owned Enterprises (SOEs) managed to pay dividends to the government in 2024, exposing the worsening financial health of Ghana’s public institutions. Speaking at the President Mahama Meets CEOs of Specified Entities under SIGA event on March 13, 2025, Dr Forson named the […]
GPHA, GSA collaborate to reduce cost of doing business at ports
The Ghana Ports and Harbours Authority (GPHA) and the Ghana Shippers’ Authority (GSA) have reaffirmed their commitment to working together to reduce the cost of doing business at Ghana’s ports. This initiative aims to enhance efficiency, attract more local and transit customers, and support the government’s economic reset agenda. The commitment was revealed during a […]