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Ghana has secured a favourable outcome in an international tax arbitration dispute with Tullow Ghana Limited, after an International Chamber of Commerce (ICC) Tribunal dismissed the oil producer’s claims and upheld a US$393.09 million tax assessment issued by the Ghana Revenue Authority (GRA).The decision was delivered on Tuesday, September 29, 2026, by a tribunal constituted under the ICC Rules of …

The Ghana Association of Banks (GAB) has called for stronger measures to reduce the risks within Ghana’s business environment to enable banks to expand lending to small and medium-sized enterprises (SMEs).GAB President John Awuah said banks are prepared to provide more financing to SMEs, but weaknesses in areas such as storage, distribution and market access can undermine businesses’ ability to …

Building cost inflation in Ghana increased to 4.6% in August 2026, up from 4.0% in July, despite declines in the prices of key inputs such as cement, steel and labour.The latest Prime Building Cost Index (PBCI) from the Ghana Statistical Service (GSS) shows that building input prices increased by 0.1% between July and August.Despite the monthly rise, the August inflation …