Business

The Ghana Union of Traders’ Associations (GUTA) has appealed to the Ghana Revenue Authority (GRA) to adopt a more considerate approach as it intensifies nationwide visits to businesses under its VAT compliance campaign.GUTA President Clement Boateng said GRA officials deployed to markets and businesses should exercise restraint and conduct their duties in a manner that encourages cooperation rather than confrontation.Speaking …

President of the Dangote Group, Aliko Dangote, has attributed Ghana’s recent economic improvement to renewed investor confidence in President John Dramani Mahama’s leadership.According to the African business leader, the country’s changing economic fortunes demonstrate the important role that confidence and trust can play in attracting investment and supporting economic recovery.Speaking at the Accra Reset, hosted by President Mahama on the …

The Bank of Ghana (BoG) is set to weigh the need for further interest-rate cuts against renewed inflationary pressures as its Monetary Policy Committee (MPC) begins its September meeting.The meeting, which starts on Tuesday, September 22, and ends on Thursday, September 24, comes at a time when inflation remains relatively low but has moved up from the exceptionally low levels …

The Ghana Cocoa Board (COCOBOD) has come under intense scrutiny following revelations that 87 percent of contracts under its flagship cocoa roads investment programme were directly awarded without competitive tendering. The finding, highlighted in a technical assistance report by the International Monetary Fund (IMF), underscores systemic governance and procurement vulnerabilities within the country’s state-owned enterprise (SOE) sector. The report noted …

The Bank of Ghana (BoG) has introduced stricter sanctions for customers who issue cheques without sufficient funds, with penalties increasing from 10% to 20% of the cheque’s value for repeated offences.Under the revised rules, a cheque is classified as a dud cheque when there is not enough money in the issuer’s account to cover the amount stated. The bank will …

Kenya’s Trade Ministry has issued a sharp warning to foreign nationals, asserting that visa-free entry privileges do not grant them the right to work or operate local businesses, as the government moves to shut down unlicensed small-scale traders across the country. The warning coincides with a deadline set by President William Ruto requiring foreigners operating small-scale enterprises to immediately cease …

A legal practitioner, Jonathan A. Alua, has invoked the original jurisdiction of the Supreme Court to challenge the Ghana Revenue Authority’s (GRA) power to determine the quantity of passenger baggage eligible for exemptions from customs duties and taxes. Mr Alua has sued the Attorney-General and the Commissioner-General of the GRA over Regulation 18(2)(b) of the Exemptions Regulations, 2025 (L.I. 2514), …

GoldBod Jewellery Limited has launched its Corporate Gold Access Programme, giving corporate employees the opportunity to purchase authentic gold jewellery through flexible payment plans and outright purchases. In a statement released on Thursday, September 3, 2026, the company announced that participating organizations can also arrange onsite product showcases, enabling staff to inspect and select pieces directly from their workplaces without …

The National Premix Fuel Secretariat has announced a temporary disruption in the supply of premix fuel following an ongoing sit-down strike by members of the Ghana National Petroleum Tanker Drivers Union. The tanker drivers commenced the strike on Wednesday, September 2, 2026, in protest against the deteriorating condition of the 7.2-kilometre Valco Roundabout–Kpone Junction road in Tema. According to the …

Fresh tomato prices recorded a dramatic 158.3% year-on-year increase in August 2026, emerging as the commodity with the highest price surge during the month, according to the Ghana Statistical Service (GSS).The sharp rise occurred even as overall food inflation eased slightly to 3.0% in August, down from 3.1% in July.Tomatoes Lead Price IncreasesGovernment Statistician, Dr. Alhassan Iddrisu, said the figures …