Ghana’s Minister for Finance and Economic Planning, Dr. Cassiel Ato Forson, has begun official stakeholder engagements with the Ministry of Trade and Industry as the government moves to operationalize its ambitious “New Economy” transformation agenda. The high-level consultations are aimed at strengthening coordination between fiscal policy, trade development, industrialization and private-sector competitiveness as Ghana seeks […]

The Ghana Revenue Authority (GRA) Customs Division has cautioned international travelers arriving in Ghana that carrying more than two mobile phones could result in the additional devices being treated as commercial imports and subjected to customs duties and other statutory taxes. Customs Commissioner Aaron Kanor emphasized the directive at Accra International Airport (AIA) amid intensified […]

The Bank of Ghana (BoG) and the Securities and Exchange Commission (SEC) have issued a warning to the public over an unlicensed cryptocurrency investment scheme operating under the name “Daily Wealth Guide.” In a joint regulatory alert, identified as Notice No. 27, the two financial regulators cautioned Ghanaians against depositing money with the platform, which […]

The state-owned Libyan Foreign Bank has initiated arbitration proceedings against Burkina Faso over the nationalization of a commercial bank previously owned jointly by the two parties. The dispute has been filed before the World Bank Group’s International Centre for Settlement of Investment Disputes and registered as Libyan Foreign Bank v. Burkina Faso, under case number […]

The South African government has formally reopened the search for a private strategic equity partner for South African Airways, nearly two years after abandoning an earlier agreement with the Takatso Consortium. The new process is intended to attract private capital, aviation expertise and operational support to strengthen the national carrier’s long-term financial position. The government […]

The Ghana Private Road Transport Union (GPRTU) has warned that commercial transport fares could soon increase as operators struggle with rising fuel prices and other operational expenses. Deputy Public Relations Officer of the GPRTU, Samuel Amoah, disclosed that the union is closely monitoring fuel prices ahead of the September pricing window before making a final […]