GhNewsMedia

    Journalists
    GhNewsMedia
    BUSINESS

    Business

    Track Ghana's economy, business trends, markets and finance news. GhNewsMedia covers the stories shaping business across Ghana and Africa.

    Ghanaians lose $1.3 million to Mobile Money fraud in Q1 2025 – INTERPOL report
    Business

    Ghanaians lose $1.3 million to Mobile Money fraud in Q1 2025 – INTERPOL report

    Ghanaians lost $1.3 million to mobile money fraud in the first quarter of 2025, with INTERPOL warning that AI-driven scams are fuelling cybercrime across Africa

    about 3 hours ago•Edem Kwame
    Fuel prices to rise from August 1 as cedi weakens, petrol, diesel and LPG increase
    Business

    Fuel prices to rise from August 1 as cedi weakens, petrol, diesel and LPG increase

    Fuel prices in Ghana are set to rise from August 1 as the cedi weakens and global oil prices increase, pushing up petrol, diesel and LPG costs.

    3 days ago•Edem Kwame
    Parliament Approves New Electronic Road Tolls in Ghana: Full breakdown of the 20-year agreement and what government will receive
    Business

    Parliament Approves New Electronic Road Tolls in Ghana: Full breakdown of the 20-year agreement and what government will receive

    Parliament has approved Ghana's new electronic road toll system. Here's a full breakdown of the 20-year agreement, toll locations, revenue sharing and key details.

    3 days ago•Edem Kwame
    Onafriq partners with Privy to build regulated stablecoin infrastructure for B2Bs across Africa
    Business

    Onafriq partners with Privy to build regulated stablecoin infrastructure for B2Bs across Africa

    Onafriq partners with Privy to develop regulated stablecoin infrastructure, enabling faster cross-border payments, settlement and treasury services across Africa.

    4 days ago•Edem Kwame
    SEC warns against 23 unlicensed investment firms in Ghana; full list released
    Business

    SEC warns against 23 unlicensed investment firms in Ghana; full list released

    The SEC has warned Ghanaians against investing in 23 unlicensed entities operating online and on social media. See the full list of affected firms.

    11 days ago•Edem Kwame
    BoG warns refusing Ghana cedi coins is illegal, offenders risk jail
    Business

    BoG warns refusing Ghana cedi coins is illegal, offenders risk jail

    The Bank of Ghana has warned that rejecting valid cedi coins is illegal and could lead to fines or up to three years in prison under the Currency Act.

    12 days ago•Edem Kwame
    West African leaders approve $25bn Nigeria-Morocco gas pipeline
    Business

    West African leaders approve $25bn Nigeria-Morocco gas pipeline

    West African leaders have approved the $25bn Nigeria-Morocco Atlantic Gas Pipeline, a 6,000km project set to connect 14 countries and supply gas to Europe.

    13 days ago•Edem Kwame
    Top 10 Richest Women in Africa in 2026
    Business

    Top 10 Richest Women in Africa in 2026

    Discover the 10 richest women in Africa in 2026, their net worth, businesses and how they built fortunes in oil, banking, media, agriculture and more.

    16 days ago•Edem Kwame
    TOR receives 1 million barrels of Jubilee crude as Mahama drives refinery revival
    Business

    TOR receives 1 million barrels of Jubilee crude as Mahama drives refinery revival

    Tema Oil Refinery has received 1 million barrels of Jubilee crude as President Mahama's government accelerates local refining to boost Ghana's energy security.

    18 days ago•Edem Kwame
    10 richest cities in Africa for 2026
    Business

    10 richest cities in Africa for 2026

    Discover the top 10 richest cities in Africa in 2026, ranked by millionaire wealth, investment, business growth and economic influence across the continent.

    19 days ago•Edem Kwame
    COCOBOD settles GH¢162m outstanding cocoa bill debts
    Business

    COCOBOD settles GH¢162m outstanding cocoa bill debts

    COCOBOD has paid GH¢162 million to settle outstanding Cocoa Bill obligations owed to investors who did not participate in Ghana's DDEP.

    19 days ago•Edem Kwame
    Fuel prices set to rise as NPA adjusts July price floors upward
    Business

    Fuel prices set to rise as NPA adjusts July price floors upward

    Motorists in Ghana face higher costs at the pumps as the NPA raises the minimum pricing benchmarks for petrol, diesel, and LPG for mid-July.

    20 days ago•Edem Kwame
    Why the Bank of Ghana revoked Zeepay Ghana's licence revealed
    Business

    Why the Bank of Ghana revoked Zeepay Ghana's licence revealed

    Bank of Ghana revoked Zeepay Ghana's DEMI licence over regulatory breaches, inadequate cash backing and failure to comply with directives.

    20 days ago•Edem Kwame
    Top 10 richest African countries
    Business

    Top 10 richest African countries

    See the top 10 richest African countries in 2026 ranked by IMF GDP data, from South Africa and Egypt to Nigeria, Ghana, and more.

    22 days ago•Edem Kwame
    Top 10 richest presidents in the world in 2026 ranked by net worth
    Business

    Top 10 richest presidents in the world in 2026 ranked by net worth

    Discover the top 10 richest presidents in the world in 2026, ranked by estimated net worth, featuring Vladimir Putin, Donald Trump and other wealthy leaders.

    26 days ago•Edem Kwame
    BoG suspends 0.75% MTN MoMo-to-Bank transfer fee
    Business

    BoG suspends 0.75% MTN MoMo-to-Bank transfer fee

    The Bank of Ghana has suspended the proposed 0.75% charge on MoMo-to-bank transfers introduced by Mobile Money Fintech Limited and announced by MTN Ghana.

    2 months ago•Edem Kwame
    Court orders GN Bank licence restored in major legal win over Bank of Ghana
    Business

    Court orders GN Bank licence restored in major legal win over Bank of Ghana

    Court of Appeal orders Bank of Ghana to restore GN Bank’s licence, return assets and hand management back to owners, overturning earlier High Court ruling.

    2 months ago•Edem Kwame
    Meet Ghana's Richest Investor: William Tewiah
    Business

    Meet Ghana's Richest Investor: William Tewiah

    ZEN Petroleum founder William Tewiah becomes Ghana's richest stock market investor after his GSE listing sends his net worth soaring to $338 million.

    3 months ago•Edem Kwame
    Damang Gold Mine sells 3,400 Ounces of Gold to GoldBod
    Business

    Damang Gold Mine sells 3,400 Ounces of Gold to GoldBod

    Damang Gold Mine sells 3,400 ounces of gold to Ghana GoldBod in a second deal, boosting support for Ghana’s national gold policy and economy.

    3 months ago•Edem Kwame
    Long delays temporary, 120 buses coming - STC
    Business

    Long delays temporary, 120 buses coming - STC

    The State Transport Company(STC) has appealed to passengers to remain patient amid growing concerns over long waiting hours at its terminals and the condition of some of its buses.

    3 months ago•Abilla Isaac Azumah
    Gov’t adjusts fuel relief, cuts diesel support to GH¢1.07 per litre
    Business

    Gov’t adjusts fuel relief, cuts diesel support to GH¢1.07 per litre

    Government extends fuel relief measures in Ghana as diesel support drops to GH¢1.07 per litre amid rising global oil prices and inflation concerns.

    3 months ago•Abilla Isaac Azumah
    92% of Ghanaians value retirement savings, only 33% prepare
    Business

    92% of Ghanaians value retirement savings, only 33% prepare

    A new Old Mutual report reveals that while 92% of working Ghanaians value retirement savings, only 33% are actively preparing for retirement.

    3 months ago•Edem Kwame
    How to apply for 24-hour economy GH₵5K to GH₵500K youth business loan
    Business

    How to apply for 24-hour economy GH₵5K to GH₵500K youth business loan

    Step-by-step guide on how young Ghanaians aged 18–35 can apply for the 24H+ programme to access loans from GH₵5,000 to GH₵500,000 and training.

    3 months ago•Edem Kwame
    10 countries with the largest gold reserves in the world
    Business

    10 countries with the largest gold reserves in the world

    Discover the 10 countries with the largest gold reserves in the world. See rankings by tonnes, from the USA's 8,133t to Turkey.

    3 months ago•Edem Kwame
    If you sell your house to buy food, where will you live when it is finished? - Bentil on how BoG's loss was incurred
    Business

    If you sell your house to buy food, where will you live when it is finished? - Bentil on how BoG's loss was incurred

    Vice President of IMANI Africa, Kofi Bentil, says Ghana’s current economic improvement is evident, but has raised concerns about the long-term sustainability of the policies driving it, particularly the domestic gold programme.

    3 months ago•Abilla Isaac Azumah
    How to save money as a student in Ghana
    Business

    How to save money as a student in Ghana

    Learn how to save money as a student in Ghana with simple budgeting tips, smart spending habits, and practical ways to reduce daily campus expenses.

    3 months ago•Edem Kwame
    Top 10 European countries that pay the best salaries in 2026
    Business

    Top 10 European countries that pay the best salaries in 2026

    Discover the top 10 European countries with the highest salaries. Compare average monthly pay, top industries, and what you'll actually take home after tax.

    3 months ago•Edem Kwame
    Full list of authorised Forex Exchange Bureaux in Ghana
    Business

    Full list of authorised Forex Exchange Bureaux in Ghana

    Learn about authorised forex bureaux in Ghana, Bank of Ghana regulations, licensing rules, transaction limits, and approved currency exchange operators.

    3 months ago•Edem Kwame
    Top 10 richest presidents in Africa in 2026
    Business

    Top 10 richest presidents in Africa in 2026

    Africa’s 10 richest presidents in 2026 ranked. King Mohammed VI leads with $2.1B, followed by Obiang and Ramaphosa. See full net worth breakdown.

    4 months ago•Edem Kwame
    10 poorest countries in Europe, Ranked (2026)
    Business

    10 poorest countries in Europe, Ranked (2026)

    From Ukraine to Moldova, discover the 10 poorest countries in Europe in 2026, ranked by GDP per capita with current IMF and World Bank data.

    4 months ago•Edem Kwame
    Accra Street Journal: Ghana’s digital divide deepens as SMEs struggle for visibility in online economy
    Business

    Accra Street Journal: Ghana’s digital divide deepens as SMEs struggle for visibility in online economy

    Accra Street Journal reports Ghana’s SMEs struggle for online visibility as the digital divide widens, threatening growth and competitiveness.

    4 months ago•Edem Kwame
    How to start a side hustle in Ghana with GH¢500 or less
    Business

    How to start a side hustle in Ghana with GH¢500 or less

    Start a side hustle in Ghana with GH¢500 or less. Discover simple business ideas, tips, and strategies to grow your income and succeed.

    4 months ago•Edem Kwame
    Google Analytics unveils scenario planner and projections for smarter budgeting
    Business

    Google Analytics unveils scenario planner and projections for smarter budgeting

    Google Analytics introduces Scenario Planner and projections to help businesses forecast performance, optimize spend, and make data-driven budgeting decisions.

    4 months ago•Edem Kwame
    Top 10 richest central banks in the world
    Business

    Top 10 richest central banks in the world

    Discover the 10 richest central banks in the world in 2026, ranked by assets, and explore how they shape global finance, currencies, and economic stability.

    5 months ago•Edem Kwame
    10 Richest Women in the World in 2026
    Business

    10 Richest Women in the World in 2026

    Discover the 10 richest women in the world in 2026, including Alice Walton, Françoise Bettencourt Meyers and MacKenzie Scott, and the fortunes behind them.

    5 months ago•Edem Kwame
    Top 7 Richest Africans in 2026
    Business

    Top 7 Richest Africans in 2026

    Discover the top 7 richest Africans in 2026 led by Aliko Dangote, with fortunes driven by cement, telecom, mining, and luxury industries across Africa.

    5 months ago•Edem Kwame
    7 smart money habits everyone should learn
    Business

    7 smart money habits everyone should learn

    Discover 7 smart money habits that can help you save more, avoid debt, and build long-term financial stability. Learn practical tips for better money management

    5 months ago•Edem Kwame
    10 jobs that pay surprisingly high salaries
    Business

    10 jobs that pay surprisingly high salaries

    Discover 10 lesser-known jobs that pay surprisingly high salaries, from air traffic controllers to data scientists and commercial divers.

    5 months ago•Edem Kwame
    Why China, the US and others are pressuring Ghana over Gold Royalty Hike
    Business

    Why China, the US and others are pressuring Ghana over Gold Royalty Hike

    An explainer on why China, the US and other governments are urging Ghana to halt its proposed gold royalty increase and what it means for global mining firms.

    5 months ago•Edem Kwame
    Gov't cuts Cocoa producer price from GH¢51K to GH¢41K per tonne
    Business

    Gov't cuts Cocoa producer price from GH¢51K to GH¢41K per tonne

    Gov't sets new cocoa producer price at GH¢41,392 per tonne for the 2025/26 season. Finance Minister says move aims to stabilise the sector and support farmers.

    6 months ago•Edem Kwame
    Ghana Card becomes mandatory ID in new crackdown on money laundering
    Business

    Ghana Card becomes mandatory ID in new crackdown on money laundering

    Ghana Card now mandatory at forex bureaux as BoG and FIC tighten anti-money laundering rules to curb fraud, boost verification and strengthen oversight.

    7 months ago•Edem Kwame
    5 money decisions that could change your life in 2026
    Business

    5 money decisions that could change your life in 2026

    Make smarter financial moves in 2026. Learn five proven steps to build savings, cut debt, boost income and grow long-term wealth starting today.

    7 months ago•Edem Kwame
    Bank of Ghana tightens oversight of IMTOs
    Business

    Bank of Ghana tightens oversight of IMTOs

    BoG introduces strict regulations for International Money Transfer Operators to protect consumers, strengthen oversight, and secure Ghana’s remittance sector.

    7 months ago•Edem Kwame
    MTN Ghana cuts tariffs from Jan 2, 2026 following new VAT reforms
    Business

    MTN Ghana cuts tariffs from Jan 2, 2026 following new VAT reforms

    MTN Ghana reduces tariffs across all services from January 2, 2026, becoming one of the first telecom providers to reflect Ghana’s new VAT reforms in pricing.

    7 months ago•Edem Kwame
    Ghana Cedi poised for short-term rebound on IMF inflow
    Business

    Ghana Cedi poised for short-term rebound on IMF inflow

    Ghana cedi tipped to rebound on a $385m IMF inflow, with Databank forecasting stability around GH¢11.39–11.45 despite recent forex pressure.

    7 months ago•Edem Kwame
    Bank of Ghana moves to license non-interest banking institutions
    Business

    Bank of Ghana moves to license non-interest banking institutions

    The Bank of Ghana is set to license institutions for non-interest banking, introducing new regulations and expanding financial options across the country.

    8 months ago•Edem Kwame
    Ghana raises cocoa price to GH₵3,625 per bag for 2025/26
    Business

    Ghana raises cocoa price to GH₵3,625 per bag for 2025/26

    Government increases cocoa price by GH₵400 per 64kg bag, giving farmers GH₵3,625 for 2025/26 season as Ghana projects higher harvest output.

    10 months ago•Edem Kwame
    Larry Ellison becomes world’s richest person, surpassing Elon Musk after oracle’s $101B AI boom
    Business

    Larry Ellison becomes world’s richest person, surpassing Elon Musk after oracle’s $101B AI boom

    Oracle’s Larry Ellison surpasses Elon Musk as the world’s richest person after a record $101B wealth surge fueled by AI-driven cloud demand.

    11 months ago•Edem Kwame
    BoG bans dollar payments for school fees, rent, airline tickets & more
    Business

    BoG bans dollar payments for school fees, rent, airline tickets & more

    The Bank of Ghana has banned dollar pricing for school fees, rent, airline tickets, hotels, and other services, reaffirming the Ghana cedi as the only legal tender.

    11 months ago•Edem Kwame
    GRA set to tax cryptocurrency traders in Ghana with new system
    Business

    GRA set to tax cryptocurrency traders in Ghana with new system

    The Ghana Revenue Authority (GRA) will tax cryptocurrency traders using new digital tools to track online transactions and enforce existing tax laws.

    11 months ago•Edem Kwame
    MTN Mobile Money system upgrade to cause 6-hours service disruption on August 17, 2025
    Business

    MTN Mobile Money system upgrade to cause 6-hours service disruption on August 17, 2025

    MTN Ghana will suspend Mobile Money services for a system upgrade on August 17, 2025, from 12 am to 6 am. Users are urged to complete transactions early.

    12 months ago•Edem Kwame
    Clara B. Arthur Appointed CEO of GhIPSS Effective Sept 2025
    Business

    Clara B. Arthur Appointed CEO of GhIPSS Effective Sept 2025

    Clara B. Arthur appointed CEO of GhIPSS effective Sept 1, 2025. She brings 20+ years of experience in finance, tech, and digital payment systems.

    12 months ago•Edem Kwame