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US & Israel Strike Iran: Oil Prices Surge Amid Strait of Hormuz Fears

US & Israel Strike Iran: Oil Prices Surge Amid Strait of Hormuz Fears

Global oil markets are on edge after the United States and Israel launched coordinated strikes on Iran, triggering fears of a broader Middle East conflict. Crude prices are expected to surge as investors assess the

Business
Ghana to sign mega trade deal with China as full details emerge

Ghana to sign mega trade deal with China as full details emerge

Ghana is in the final stages of sealing a landmark trade agreement with China that could significantly reshape bilateral commerce and accelerate the country’s export-driven industrialisation agenda. Officials say the proposed zero-tariff arrangement will grant

Business
Energy Minister, John Abdulai Jinapor Gives ECG 7 Days Over ECG Prepaid Issue

Energy Minister, John Abdulai Jinapor Gives ECG 7 Days Over ECG Prepaid Issue

Ghana’s Energy Minister, John Abdulai Jinapor, has given the Electricity Company of Ghana (ECG) a seven-day ultimatum to investigate widespread complaints about the rapid depletion of prepaid electricity credit. The directive follows growing public outcry

Business
VIDEO: Is Electricity Cost in Ghana Now Higher Than Rent?

VIDEO: Is Electricity Cost in Ghana Now Higher Than Rent?

A frustrated Ghanaian resident has sparked debate online after revealing she spends nearly GH¢2,000 every month on prepaid electricity, raising concerns about the rising cost of power in the country. [embed]https://www.facebook.com/reel/759176383616952[/embed] According to her, electricity

Business
BoG Embeds Business Model Analysis in Bank Supervision

BoG Embeds Business Model Analysis in Bank Supervision

The Bank of Ghana (BoG) has announced plans to integrate business model analysis into its routine supervisory framework, marking a significant shift toward more forward-looking financial sector oversight. Governor Johnson Pandit Asiama revealed the policy

Business
Tullow Buys Atta Mills FPSO for $205m in Ghana

Tullow Buys Atta Mills FPSO for $205m in Ghana

UK-based oil and gas firm Tullow Oil has signed a Sale and Purchase Agreement to acquire the Prof. John Evans Atta Mills Floating Production, Storage and Offloading (FPSO) vessel for $205 million, in a strategic

Business
VIDEO: GRA Tax Confrontation Sparks Youth Jobs Debate in Ghana

VIDEO: GRA Tax Confrontation Sparks Youth Jobs Debate in Ghana

A young employee at a Chinese-owned manufacturing firm in Ghana has sparked debate after angrily confronting an officer from the Ghana Revenue Authority during a tax compliance visit. According to accounts of the incident, the

Business
Nigerians Set to Invest in Dangote Refinery Within Five Months

Nigerians Set to Invest in Dangote Refinery Within Five Months

Nigerians may soon have the opportunity to own a direct stake in one of Africa’s most valuable industrial assets. Aliko Dangote, President of the Dangote Group and Africa’s richest man, has announced that the Dangote

Business
CEMSE Says Ghanaians Overpaid GH¢1.5bn for Power, Demands 11% Tariff Cut

CEMSE Says Ghanaians Overpaid GH¢1.5bn for Power, Demands 11% Tariff Cut

Ghanaian electricity consumers may have overpaid an estimated GH¢1.5 billion in the fourth quarter of 2025 due to inflated exchange rate and inflation assumptions used in tariff calculations, according to a new policy review by

Business
MTN to Invest $1.1bn in Ghana, Becomes Group’s Third Major Subsidiary

MTN to Invest $1.1bn in Ghana, Becomes Group’s Third Major Subsidiary

Ghana has secured a major vote of confidence from telecoms giant MTN Group, with the company announcing plans to invest $1.1 billion over the next three years to accelerate digital and financial inclusion. The announcement