The Institute for Energy Security (IES) says the Tema Oil Refinery (TOR) will require a guaranteed and predictable supply of crude oil to operate at full capacity and realise the benefits of its recent turnaround maintenance. The institute argues that restoring the refinery’s physical infrastructure is only one part of the challenge, stressing that sustained […]

The Ghana Gold Board has announced that X-Ray Fluorescence assay will become the mandatory standard for determining the purity of gold traded in Ghana from September 1, 2026. The directive applies across the licensed gold supply chain and is intended to establish a more accurate, transparent and consistent system for valuing the precious metal. Under […]

West Africa’s cocoa industry is facing growing pressure as exporters and farmers race to comply with the European Union Deforestation Regulation, which is scheduled to take effect on December 30, 2026. The regulation requires companies placing cocoa and other covered commodities on the European market to demonstrate that their products are not linked to deforestation […]

GCB Bank has overtaken Ecobank Ghana to become the country’s leading bank by customer deposits, according to the latest PwC Ghana Banking Survey released in August 2026. The survey, which reviewed the performance of Ghana’s banking industry during the 2025 financial year, showed that GCB Bank increased its share of total deposits to 12.37%. Ecobank […]

They said addressing these challenges could significantly increase domestic production and reduce the country’s dependence on imported tomatoes. Over 85% of Tomato Seed Is Commercial Hybrid Seed Ghana’s dependence on imported agricultural inputs is also a concern for the tomato industry. Dr Osei said more than 85% of tomato seeds planted in Ghana are commercial […]

Governor of the Bank of Ghana Dr Johnson Pandit Asiama has stressed that continued fiscal and monetary discipline will be essential to protect the country’s recent macroeconomic gains and restore lasting confidence in the economy. According to the Governor, Ghana must resist pressure for short-term policy responses that could undermine the progress achieved through difficult […]

Ghana’s annual spending on imported tomatoes has exceeded $230 million, intensifying concerns about the country’s failure to develop a reliable domestic production and processing industry. Recent data from the Council for Scientific and Industrial Research and agricultural stakeholders indicate that local farmers currently produce only 15% to 18% of Ghana’s estimated annual demand of 1.4 […]

Four months after transitioning to indigenous Ghanaian ownership, the Damang Gold Mine has begun delivering employment opportunities and infrastructure projects across its host communities. The mine is now operated by Damang Gold Mine Limited through Engineers and Planners, a Ghanaian-owned company associated with businessman Ibrahim Mahama. The transition followed the handover of the concession by […]