Business & Economy
October 15, 2026
Omanghana
Omanghana
Lufthansa Wins Bid for TAP Stake in Deal Worth Up to €1.2 Billion
Portugal has selected Lufthansa Group as its preferred buyer for a minority stake in TAP Air Portugal, choosing the German airline’s proposal over a competing bid from Air France-KLM. Prime Minister Luís Montenegro announced the decision on Wednesday, October 14, 2026, saying Lufthansa’s financial offer was 16% higher than its rival’s. The Portuguese state will […]
October 15, 2026
Omanghana
Omanghana
Suhum MP Urges Completion of New Market Before Traders Are Relocated
The Member of Parliament for Suhum, Frank Asiedu Bekoe, has urged the Municipal Assembly to complete the proposed 24-Hour Economy Market before relocating traders from Amponsah Market. Appealing to Municipal Chief Executive Lydia Ohenewa Sarah, the MP warned that moving more than 1,000 traders without a suitable alternative could disrupt businesses and threaten household incomes. […]
2min
149
October 15, 2026
Omanghana
Omanghana
BoG Proposes Tighter Credit Risk Rules Ahead of July 2027 Rollout
The Bank of Ghana has released a draft Credit Risk Management Directive for public consultation, proposing stronger lending controls for banks, savings and loans companies, finance houses and financial holding companies. The draft sets July 1, 2027, as the implementation date, with affected institutions expected to align their governance arrangements, internal policies and procedures by […]
3min
403
October 14, 2026
Omanghana
Omanghana
Sawiris Urges Arab Nations to Cut Ties With Iran After Apologizing Over Saudi Attack Response
Egyptian billionaire Naguib Sawiris has urged Arab countries to sever diplomatic relations with Iran after apologizing for his delayed public response to deadly Houthi attacks on Saudi Arabia. His remarks followed criticism from Saudi writer Dr. Wafaa Al-Rasheed, who questioned his silence over casualties from an attack on King Khalid International Airport in Riyadh. In […]
2min
110
October 14, 2026
Omanghana
Omanghana
Tanzania Nears $42 Billion LNG Agreement After Years of Delays
Tanzania is approaching an agreement on its proposed $42 billion liquefied natural gas development, Finance Minister Khamis Mussa Omar said on October 13, raising prospects for progress on the long-delayed energy investment. Omar described negotiations as “almost there”, with agreements expected in the coming months. The project is intended to unlock approximately 47.13 trillion cubic […]
2min
160
October 14, 2026
Omanghana
Omanghana
Namibia Confirms New Foot-and-Mouth Outbreak in Zambezi Region
Namibia has confirmed an outbreak of foot-and-mouth disease on Kalala Island in the Zambezi Region, prompting emergency vaccination and restrictions on livestock movement and trade. Veterinary officials identified 20 cattle showing signs of the disease on October 5. All 12 samples collected tested positive on October 7, according to the Ministry of Agriculture, Fisheries, Water […]
2min
172
October 12, 2026
Omanghana
Omanghana
London Roadshow Seeks to Turn £250m in Ghana Investment Interest Into Deals
The UK Investment Roadshow 2026 opened in London on Monday, October 12, bringing Ghanaian businesses and prospective investors together to advance commercial partnerships under the UK-Ghana Growth Partnership. The initiative aims to move investment opportunities worth more than £250 million into further negotiations, drawing from a broader project pipeline exceeding £1.4 billion. Held under the […]
2min
145
October 12, 2026
Omanghana
Omanghana
Ghana’s BRICS Partner Bid Raises Questions Over U.S. Tariff Threats
Ghana’s plan to seek BRICS partner status has brought renewed attention to potential trade tensions with the United States as the government pursues closer economic ties with emerging economies. Foreign Affairs Minister Samuel Okudzeto Ablakwa announced Cabinet’s approval of the move on October 6, 2026. He subsequently clarified that Ghana intends to begin as a […]
3min
318
October 11, 2026
Omanghana
Omanghana
Power Cuts Threaten Upper Dixcove’s Fishing Industry, Chief Fisherman Warns
The Chief Fisherman of Upper Dixcove in the Western Region, Nana Kwaku Dadzie, has called for urgent action to address recurring electricity disruptions, warning that the outages are undermining the community’s fishing industry. He said the unstable power supply, commonly referred to as “dumsor”, was disrupting cold storage facilities used to preserve fish for sale, […]
2min
369
October 11, 2026
Omanghana
Omanghana
BoG Calls for Stronger Controls on Cross-Border Lending and Foreign Currency Risks
The Bank of Ghana (BoG) has called on regulated financial institutions to strengthen safeguards against risks associated with cross-border lending, overseas investments, trade finance and foreign currency exposures. The requirements form part of the central bank’s Credit Risk Management Directive, scheduled for implementation on July 1, 2027. It will apply to banks, savings and loans […]
2min
428
November 30, 2022
November 30, 2022
November 30, 2022