Business

ELS: MBN360 BUSINESS The Deputy Minister for Finance, Thomas Nyarko Ampem, has defended the Ghana Cocoa Board (COCOBOD) Bill, 2026, saying the proposed legislation is designed to introduce a sustainable financing model for cocoa purchases, expand local cocoa processing, protect cocoa farms from illegal mining and guarantee a greater share of cocoa earnings for farmers. […]

ELS: MBN360 NEWS A temporal shutdown at the West African Gas Pipeline Company’s (WAPCO) Regulating and Metering Station at 05:33 GMT, on thursday July 30, has disrupted gas supply to several thermal power plants, compounding Ghana’s power supply challenges. The shutdown occurred after liquid accumulation was detected around a filter separator at the facility, causing the station […]

ELS: MBN360 Economy Ghana’s economy has delivered one of its strongest first half performances in recent years, raising hopes that the country is firmly on the path to sustained recovery.  However, leading professional services firm PwC has cautioned that the impressive gains recorded so far should not be mistaken for a complete escape from the country’s longstanding […]

ELS: MBN360 BUSINESS The Ghana Statistical Service (GSS) has revealed that building cost inflation increased to 3.1% in June 2026, up from 2.7% in May, mainly due to rising costs of construction materials and plant equipment. According to the latest Prime Building Cost Index (PBCI), although building costs increased on a year-on-year basis, the month-on-month inflation rate […]

ELS: MBN360 ENEGY Price floors for petrol, diesel and liquefied petroleum gas (LPG) for the first pricing window of August have increased compared with the second pricing window of July, signaling continued upward pressure on fuel prices. The latest figures published by the National Petroleum Authority (NPA) and seen by Citi  Business  News indicate higher minimum retail thresholds […]

ELS: MBN360 Extractives/Energy Ghana could face more than 4,000 additional heat-related deaths every year by 2050 unless electricity access expands fast enough to support life-saving cooling technologies such as fans and air conditioners, according to a new report by the Climate Impact Lab. The report places Ghana among 18 countries trapped in what researchers describe as […]

ELS: MBN360 Extractives/Energy Gold and Oil Reserves The Natural Resource Governance Institute (NRGI) has warned that Ghana’s buoyant fiscal outlook, fueled by record gold export revenues, is dangerously masking a severe structural decline in upstream petroleum output and deepening governance Challenges across the extractive sector. While surging global bullion prices and elevated small-scale mining output […]

ELS: MBN360 Securities/Markets The Bank of Ghana’s decision to maintain its Monetary Policy Rate at 14% has sent a strong signal of policy stability to investors, with the move expected to support continued momentum on the Ghana Stock Exchange (GSE), according to Mr. Isaac Kwasi Mensah, Financial Analyst and Portfolio Manager at SIC Financial Services Limited. The […]

ELS: MBN360 Economy Ghana’s economic recovery may be gaining momentum, but the true measure of its success could depend on one critical question: Are businesses and households finally paying less to borrow? Renowned audit and advisory firm PricewaterhouseCoopers (PwC) has warned that the country’s improving inflation outlook and easing monetary conditions must translate into lower […]

ELS: MBN360 NEWS Mpohor Galamsey The Member of Parliament for Akwatia, Honourable Bernard Bediako Baidoo, has criticised the reported illegal mining activities near the Mpohor Police Station, insisting that such operations cannot be justified under any circumstances. The Akwatia MP argued that accountability must begin with the security officers responsible for enforcing the law before […]