Business – Omanghana

Ghanaian cedi weakened by 8.4% against the US dollar during the first five months of 2026, falling from an average rate of GH¢10.95 in January to GH¢11.4125 by mid-May, according to the latest data from the Bank of Ghana. The May 2026 Summary of Economic and Financial Data shows that this depreciation is more pronounced […]

The Boot of Cortez, recognized as the largest surviving natural gold nugget in the Western Hemisphere, is set to headline a major auction on June 12, 2026, in the Phoenix metropolitan area. The historic specimen will be auctioned by EJ’s Auction & Appraisal and is expected to fetch between $3 million and $7 million, reflecting […]

The government has recorded another strong treasury bills auction, with subscriptions exceeding the target by 34.8 per cent for the second straight week, according to figures released by the Bank of Ghana. Total bids submitted for the auction reached GH¢5.79 billion, surpassing the government’s target of GH¢4.30 billion. Of the amount tendered, GH¢5.47 billion was […]

Producer Buying Company, Ghana’s largest cocoa buyer of last resort, is facing a deep financial crisis and the imminent seizure of its assets after accumulating debts estimated at 673 million cedis, or roughly $60 million, according to reports emerging on May 7, 2026. The mounting liabilities have severely disrupted the company’s operations, halting cocoa purchases […]

Inflation in Ghana rose slightly to 3.4% in April, up from 3.2% in March, although it remains significantly lower than the 21.2% recorded during the same period last year, according to official data. Figures from the Consumer Price Index show that prices increased by 1.0% between March and April, indicating that while overall inflation remains […]

Victor Emmanuel Smith, Ghana’s Ambassador to the United States, has called for stronger and more purposeful partnerships between Ghana and the United States, emphasizing the need to move beyond traditional aid toward investment-led collaboration and sustainable development. Speaking at the Ghana–Seattle Forum in Seattle, the Ambassador explained that relations between the United States and Africa […]

Traders dealing in ginger at Nana Bosoma Central Market are appealing to the government to address the persistent rise in the price of the crop. According to the traders, the situation is being driven in part by increased demand from herbal practitioners, who are purchasing ginger in large quantities for medicinal use. They say this […]

In a landmark achievement for sustainable transport in Africa, a team of engineers from Stellenbosch University and the Kenyan startup Roam completed a 6,000-kilometer solar-powered journey from Nairobi to Stellenbosch. The expedition, carried out in 2024, showcased the potential of locally developed electric mobility solutions tailored to the continent’s unique conditions. The journey, which lasted […]

Gold and silver are attempting a rebound after a sharp sell-off in March 2026, as volatility in global energy markets triggered widespread pressure on precious metals. The decline was largely driven by a surge in oil prices, which fueled inflation concerns, strengthened the U.S. dollar, and reduced expectations for interest rate cuts. As of March […]

Asanko Gold Ghana Limited has signed a $400 million contract with Rabotec Ghana Limited in a major move to strengthen local participation and expand job creation within Ghana’s mining sector. The agreement, finalized on March 30, 2026, spans four years and is aimed at enhancing operational collaboration while ensuring that more value from mining activities […]

Ghanaian Cedi Drops 8.4% Against US Dollar Despite Robust External Sector Growth

Legendary “Boot of Cortez” Gold Nugget Heads to Auction With $7 Million Valuation

T-bills records oversubscription

Ghana’s Producer Buying Company Faces Asset Seizure as Cocoa Farmers Go Unpaid

Inflation rises to 3.4% in April

Ghana’s Ambassador pushes for stronger US-Ghana investment ties at Seattle

Persistent rise in the price of Ginger

Solar-Powered Revolution: The 6,000km Proof of Africa’s Local Electric Future

Oil Surge Ignites Gold Demand While Silver Eyes Key Breakout

Asanko Gold Awards $400M Contract to Rabotec in Major Local Content Push

Ghana-China Industrial and Agribusiness Agenda

Ghanaian Cedi Drops 8.4% Against US Dollar Despite Robust External Sector Growth

Inside the Future: A Definitive Ranking of Some Advanced Countries in the World Today