Africa could suffer economic losses of between $10 billion and $20 billion as an unusually powerful El Niño threatens agriculture, infrastructure, food security and economic growth across the continent. The African Development Bank (AfDB) warned that countries experiencing the most severe effects could lose between 1% and 2% of their gross domestic product as droughts, […]

Management of No. 1 Oxford Street Hotel & Suites has rejected reports that the luxury property has been seized following a debt-related court dispute involving Cola Holdings Limited. The hotel, operated by Kensington Residential Partners 1 Limited (KRP1 Ltd) and associated with businessman Nana Kwame Bediako, popularly known as Cheddar, remains under the control of […]

The Government of Ghana has announced sweeping reforms to the country’s public procurement system, significantly reducing the time required to award public contracts while introducing stricter sanctions for officials who violate procurement laws. The measures were announced by the Minister for Finance, Dr. Cassiel Ato Forson, during the presentation of the 2026 Mid-Year Budget Review […]

Ghana’s National Development Planning Commission (NDPC) and the African Institute for Development Policy (AFIDEP) have deepened their institutional partnership to make Women’s Economic Empowerment (WEE) a central component of the country’s macroeconomic policies and long-term national development strategies. The collaboration seeks to move women’s economic advancement beyond a social development objective and establish it as […]

Absa Bank Ghana has partnered with luxury real estate developer Capemay Properties to host an exclusive property and mortgage engagement aimed at connecting high-net-worth clients with premium residential investment opportunities in Accra. The private event brought together clients from Absa’s Prestige, Personal, and Private Banking segments, as well as selected real estate investors, for an […]

Producer inflation slowed sharply in June 2026, with the year-on-year Producer Price Index (PPI) declining to 3.5% from 5.8% in May, according to the latest figures released by the Ghana Statistical Service (GSS). The GSS reported that prices received by domestic producers increased by an average of 3.5% between June 2025 and June 2026. On […]