Business

ELS: MBN360 BUSINESS The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has rejected claims that the International Monetary Fund (IMF) attributed some $1.7 billion losses directly to GoldBod. Mr Gyamfi said the IMF’s reports clearly identified the Domestic Gold Purchase Programme (DGPP) as the source of the losses, rather than GoldBod, […]

ELS: MBN360 ECONOMY The Ghanaian cedi has staged a remarkable recovery against the United States dollar, dramatically cutting its year-to-date depreciation and reigniting optimism about the stability of the local currency. Fresh market data show that the cedi’s year-to-date loss has narrowed to 4.09%, a major improvement from the 10.4% depreciation recorded at the end of […]

ELS: MBN360 Extractives/Energy The Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, has asserted that host mining communities across the country must no longer be treated as passive land donors, but rather as critical development partners and economic shareholders in the nation’s mineral resources. Speaking at the National Mining Dialogue conference held in […]

ELS: MBN360 BUSINESS The Institute of Fiscal Policy Governance has rejected claims that the Ghana Gold Board (GoldBod) recorded a loss of about US$1.7 billion, equivalent to roughly GH¢22 billion, in 2025. The Institute argues that the claim is not supported by GoldBod’s audited financial statements, which instead show that the institution recorded a surplus […]

ELS: MBN360 BUSINESS The Bank of Ghana (BoG) has intensified its push for digital finance and open banking as it seeks to close an estimated US$4.8 billion annual financing gap confronting small and medium-sized enterprises (SMEs). The central bank says Ghana has already built a sophisticated digital payments ecosystem, but the progress has not translated […]

ELS: MBN360 BUSINESS  The Ghana Investment Promotion Authority (GIPA) has intensified its drive to attract foreign investment as it continued high level engagements at Invest Fest 2026 in Atlanta, United States of America. The The three-day event, which brought together investors, entrepreneurs, venture capitalists, and business leaders from across the globe, provided GIPA with a […]

ELS: MBN360 BUSINESS The Young Cocoa Farmers Association has petitioned President John Dramani Mahama to provide urgent clarity on key issues ahead of the 2026/2027 cocoa purchasing season, citing growing uncertainty and financial difficulties confronting farmers. In a petition dated Monday, August 17, 2026, the Association said the challenges experienced during the 2025/2026 season had […]

ELS: MBN360 NEWS The Accra High   Court has adjourned the trial of former National Signals Bureau (NSB) Director-General Kwabena Adu-Boahene and his wife, Angela Adjei-Boateng, to August 25, pending the determination of an injunction application before the Supreme Court. The application, which seeks to restrain the High Court from hearing the case during the legal vacation, […]

ELS: MBN360 Extractives/Energy Ghana’s petroleum industry is confronting a problem that cannot be solved by squeezing more output from existing fields alone: the country’s mature oil assets are continuing to decline, while new production has yet to arrive at a scale capable of replacing the barrels being lost. GNPC’s 2025 Annual Report records the fifth […]

ELS: MBN360 BUSINESS The third edition of Ghana International Horticulture Expo 2026 is set to take place from 3rd to 5th September 2026, at the Palms Convention Centre, La Palm Royal Beach Hotel, Accra. The Expo will be held under the theme “From Soil to Sovereignty: Building Ghana’s Agricultural Self-Reliance.” The organizers say the focus […]