Ghana is realigning its industrial development strategy to make Special Economic Zones and free zones major drivers of domestic manufacturing, foreign investment and trade under the African Continental Free Trade Area. The initiative seeks to strengthen local production while positioning the country as a competitive manufacturing and export hub serving markets across Africa. Government and […]

Fresh tomatoes recorded the biggest annual price increase among selected items in Ghana’s August 2026 Consumer Price Index, with prices rising by 158.3% compared with the same period last year, according to the Ghana Statistical Service (GSS). The sharp increase came despite Ghana’s overall year-on-year inflation rate falling to 5.0% in August 2026, down from […]

Global crude oil prices traded close to $96 per barrel as escalating military tensions between the United States and Iran disrupted commercial shipping through the Strait of Hormuz. Brent crude traded between $95.67 and $96.06 per barrel, putting the international benchmark on course for a weekly gain of more than seven percent. US West Texas […]

The Ghana Ports and Harbors Authority recorded a 17.18 percent increase in net profit in 2025, reaching GH¢2.82 billion compared with GH¢2.40 billion in 2024. The performance reinforces GPHA’s position as one of Ghana’s most profitable State-Owned Enterprises, according to the 2025 State Ownership Report published by the State Interests and Governance Authority. The report […]

The Bank of Ghana has warned the public to stop abusing, defacing or improperly handling Ghana cedi notes and coins, cautioning that offenders could face arrest, prosecution, fines or imprisonment. The central bank raised particular concern about the practice of spraying money at weddings, funerals, birthdays and other social events. It said throwing banknotes on […]

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 […]