The Minister for Finance, Dr Cassiel Ato Forson, has inaugurated a new Board of Directors for Consolidated Bank Ghana Limited (CBG), charging them to uphold integrity, safeguard public funds and restore public confidence in state-backed banking institutions. Speaking at the swearing-in ceremony in Accra, Dr Ato Forson reminded the boardContinue Reading
Azumah Resources Ghana Limited has reaffirmed its commitment to developing the Black Volta Gold Mine in the Upper West Region and expressed confidence in Ghana’s legal and regulatory framework, amid an ongoing dispute with Engineers & Planners Company Limited (E&P). In a press release issued on Tuesday, the company thankedContinue Reading
Engineers & Planners (E&P), a Ghanaian-owned firm, has rejected allegations of political interference in its $100 million acquisition of the Azumah Resources gold concession, asserting that the transaction is a purely commercial undertaking. In a press statement dated July 8, 2025, E&P outlined its takeover of the long-dormant gold mineContinue Reading
The International Monetary Fund’s Executive Board has approved Ghana’s Fourth Review under the Extended Credit Facility (ECF) Programme, unlocking a significant $370 million disbursement that signals growing international confidence in the West African nation’s economic recovery efforts. The approval, announced by Ghana’s Finance Minister Dr Cassiel Ato Forson, represents theContinue Reading
Castel Group has officially taken over majority ownership of Guinness Ghana Breweries PLC (GGB PLC) following the successful completion of its $81 million acquisition of Diageo’s 80.4 per cent stake in the company. The strategic transaction, which received final regulatory approval last week, marks a shift in Ghana’s beverage industryContinue Reading
The Bank of Ghana (BoG) has announced that the country’s gold reserves have risen to 32.99 tonnes as of June 2025, continuing a steady upward trend. According to data published on the Bank’s website on Thursday, July 3, the increase reflects a strategic effort by the BoG to strengthen financial stability andContinue Reading
The government of Ghana and the African Development Bank (AfDB) have signed a Letter of Intent to develop the Volta Economic Corridor, a transformative initiative under Ghana’s 24-Hour Economy and Accelerated Export Development Programme (24H+). The agreement, which was signed on Wednesday, July 3 in Accra, outlines a strategic planContinue Reading
GHANA can harness the full potential of its agricultural sector by adopting a value-chain approach to financing, the Deputy Minister for Trade, Agribusiness and Industry, Sampson Ahi, has said. That, he said, can be done by providing targeted financial support to all actors along the chain, reducing risks, enhancing productivityContinue Reading
Telecel Ghana Foundation emerged as a standout force at the CSR & Sustainability Leadership Awards in Accra by clinching four prestigious awards in recognition of its outstanding commitment to sustainability and corporate social responsibility (CSR). The Foundation arm of the telecommunications giant, Telecel Ghana won four coveted honours, namely: TopContinue Reading
The Ghana India Trade Advisory Chamber (GITAC) has warmly welcomed Indian Prime Minister Narendra Modi to Ghana, describing his historic visit as a major milestone in the ongoing efforts to deepen diplomatic and economic ties between the two nations. President of GITAC, Dr Dominic Oduro Antwi, said the visit representsContinue Reading
