Business

The Government of Ghana has directed the National Food Buffer Stock Company (NAFCO) to purchase surplus grains from farmers across the country, following projections of a bumper harvest in 2025. The directive, announced by the Ministry of Food and Agriculture (MoFA), is aimed at preventing a potential glut on the …

The Public Utilities Regulatory Commission (PURC) has announced a 1.14% upward adjustment in electricity tariffs across all consumer categories, effective October 1, 2025. However, water tariffs will remain unchanged for the same period. In a statement signed by Acting Executive Secretary, Shafic Suleman, the Commission explained that the adjustment follows …

Source: Jubilee House Degas Limited has announced a $100 million investment over the next four years to help establish Ghana as Africa’s first AI-powered agricultural hub, expanding a model that has already financed more than 86,000 smallholder farmers across 122,000 acres nationwide. “Ghana has shown that when technology meets a …

Accra, August 7, 2025 The Bank of Ghana (BoG) has announced the postponement of the national launch of the Cedi@60 commemorative programme, which was originally scheduled for Friday, August 8. The decision comes in the wake of the tragic military helicopter crash that claimed the lives of eight individuals, including …

Accra, August 7, 2025 The National Communications Authority (NCA) has formally issued a notice to Multichoice Ghana Limited of its intention to suspend the company’s authorisation to operate Pay TV services in Ghana. In a statement released Thursday, the NCA said the planned action concerns Multichoice’s Subscription Management Service for …

Accra, August 6, 2025 Ghana’s headline inflation rate fell to 12.1% in July 2025, down from 13.7% in June, according to new data released by the Ghana Statistical Service (GSS). This marks the seventh consecutive month of decline and represents the lowest inflation rate recorded since October 2021. The steady …

Accra, August 7, 2025 The Ghana Road Transport Coordinating Council (GRTCC) has suspended a proposed 20% increase in public transport fares following high-level consultations with the Ministry of Transport on Wednesday, August 6. The decision comes in response to growing public concern and criticism over the lack of inclusive stakeholder …

Africa’s largest supermarket chain, Shoprite Holdings, has announced it is exiting its operations in Ghana and Malawi, continuing a broader strategy to retreat from underperforming African markets and refocus on its core South African business. In a statement released on Tuesday, Shoprite confirmed that it had received a binding offer …

The Government of Ghana has announced a substantial increase in the producer price of cocoa, raising it from US$3,100 to US$5,040 per tonne for the 2025/2026 cocoa season—a 62.58% increase. The announcement was made on Monday, August 4 by Finance Minister Dr Cassiel Ato Forson in a social media post, …

President John Dramani Mahama has announced the Volta Economic Corridor as the flagship initiative under his government’s 24-Hour Economy policy, describing it as a bold and transformative strategy to unlock the agricultural, industrial, and environmental potential of the Volta Lake and surrounding regions. Speaking at the official launch of the …