Business
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Gold prices soars past $4,700 per ounce as Ghana moves to add value
Gold prices have surged to a fresh all-time high, underscoring the metal’s growing strategic importance in global markets. Spot gold climbed 1.6 percent to a record $4,748.09 per ounce on Tuesday, Ja…
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Bank of Ghana records GH¢5.6bn loss in 2024 Gold-for-Reserves Scheme
The Bank of Ghana (BoG) has officially disclosed that Ghana has incurred significant financial losses under the Domestic Gold Purchase Programme (DGPP) and its associated Gold-for-Reserves (G4R) fram…
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Theo Acheampong says GoldBod helped channel forex into banks, stabilise cedi
Dr Theo Acheampong, Technical Advisor at the Ministry of Finance, has highlighted the critical role of the Ghana Gold Board (GoldBod) in channeling additional foreign currency into formal banking cha…
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Bank of Ghana steps up stronger inter-agency action to fight unlicensed financial activities
The Bank of Ghana says deeper, action-oriented collaboration between regulators, law-enforcement agencies and the banking industry is the panacea to combat illicit financial activities and protect co…
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Komenda sugar factory set for revival by end of 2026 – Trade Minister, Elizabeth Ofosu-Adjare
The Ministry of Trade, Agribusiness and Industry has announced plans to operationalise the Komenda Sugar Factory by the end of 2026. The Ministry confirmed that land has been successfully acquired fo…
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Ghana Investment Promotion Centre report says Accra still the epicentre of investment activity
Accra has once again cemented its position as Ghana’s investment hub, with fresh third-quarter data from the Ghana Investment Promotion Centre (GIPC) showing that the national capital attracted 41 ou…
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SIC Insurance PLC posts strong revenue growth in 2024 and boosting profitability
SIC Insurance PLC delivered a strong financial performance in 2024, driven by a significant rise in insurance revenue to GH¢559.48 million, up from GH¢373.19 million in 2023. The increase reflects st…
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Eric Opoku: Qatar to inject $1.5bn into Ghana’s agriculture by November 2025
The Ministry of Food and Agriculture has revealed that Qatar is set to inject $1.5 billion into Ghana’s food production sector by November 2025, in a landmark partnership expected to transform the co…
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Corn imports in Ghana set for sharp 67% increase in 2025/26- Report
Ghana’s corn imports are projected to rise sharply in the 2025/2026 marketing year, reaching an estimated 500,000 metric tonnes (MT), according to the U.S. Department of Agriculture’s Grain and Feed …
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Importers warn of cartel influence in Ghana’s port auction system
The Importers and Exporters Association of Ghana (IEAG) has raised alarm over what it describes as the capture of cargo auctions at the nation’s ports by politically connected cartels, warning that t…