Business

ELS: MBN360 BUSINESS The National Petroleum Authority (NPA) has upwardly revised the indicative petroleum price floors for the second half of July 2026. The revised price marks the second price floor hike within the current month’s pricing window. The Petroleum Price Floors is the indicative level at which various Oil Marketing Companies (OMCs) peg their ex-pump prices. […]

ELS: MBN360 BUSINESS Minister for Finance and acting Minister for Defence, Dr. Cassiel Ato Forson Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, is scheduled to present the 2026 Mid-Year Budget Review to Parliament on Thursday, July 23, 2026, setting the stage for lawmakers and the public to receive an updated picture of the country’s […]

ELS: MBN360 BANKING Ghana’s banking sector has shown remarkable resilience in recent years, recording strong profitability amid economic recovery.  Yet falling interest rates, intensified competition from fintech and mobile money platforms, and persistent asset quality challenges signal a turning point. Banks that fail to adapt their business models risk a sharp decline in margins and […]

ELS: MBN360 Extractives/Energy GoldBod with Ghana Water Limited (GWL) Ghana Gold Board (GoldBod), a prominent entity committed to sustainable development, has formalized a major GH¢8.4 million partnership agreement with Ghana Water Limited (GWL) to execute critical rehabilitation works on three major water supply installations across the Western and Central Regions of Ghana. This landmark initiative […]

ELS: MBN360 NEWS The Supreme Court of Ghana has stayed the execution of a Court of Appeal judgment that had ordered the immediate restoration of GN Savings and Loans’ operating licence, leaving the financial institution’s fate suspended as the country’s apex court prepares to deliver a final verdict. The intervention means the status quo remains […]

ELS: MBN360 NEWS The Youth Employment Agency (YEA) has unveiled a major digital skills initiative that will equip 2,000 young Ghanaians with Microsoft-accredited certifications in high-demand technology fields, positioning beneficiaries for employment opportunities in both local and international markets. The programme, implemented in partnership with Ghana Digital Centres Limited (GDC), will offer fully government-funded training […]

ELS: MBN360 Investor appetite for Treasury bills strengthened sharply on the primary market last week, with the latest auction attracting bids nearly double the government’s fundraising target. According to results released by the Bank of Ghana, investors submitted a total of GH¢10.03 billion in bids across the 91-day, 182-day and 364-day Treasury bill tenors, against […]

ELS: MBN360 Extractives/Energy Africa’s ability to strengthen its position in an increasingly fragmented global economy will depend not only on trade and finance reforms, but also on building secure, affordable and sustainable energy systems capable of driving industrialisation, regional integration and economic resilience.  That message emerged strongly at the close of the 2026 African Economic […]

ELS: MBN360 Extractives/Energy Ghana’s downstream petroleum sector is bracing for continued uncertainty as renewed tensions in the Middle East threaten to disrupt global oil markets and complicate fuel pricing decisions for import-dependent economies. The Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), Dr Riverson Oppong, has warned that the instability surrounding the […]

ELS: MBN360 BUSINESS Government intends to construct a 24-hour market in each of Ghana’s 261 districts as part of efforts to modernize trading, improve security, and provide social services at market centres, Minister for Local Government, Chieftaincy and Religious Affairs, Ahmed Ibrahim, has announced. Representing his Ministry at the Assurances Committee public hearing in Parliament today, […]