Tema Oil Refinery (TOR) Managing Director Edmond Kombat disclosed that he has initiated direct conversations with government on mechanisms to recapitalise the company’s balance sheet – including releasing the refinery’s outstanding share of Energy Sector Levy Act (ESLA) receivables, which he says stand at a minimum GH¢1.6billion. Presenting his review at TOR’s 18th annual general […] The post TOR
By Juliet ETEFE The country’s annual inflation rate rose to 5.3 percent in June 2026 from 3.7 percent in May, the third consecutive monthly increase after hitting a low of 3.2 percent in March 2026. The increase was driven primarily by higher non-food prices and locally produced goods, although overall inflation remains significantly below the […] The post Inflation climbs to 5.3%
By Christabel DANSO ABEAM Enterprise Group PLC delivered a strong financial performance in 2025, with insurance revenue rising 10 percent to GH¢1.75 billion. However, profit declined slightly due to the stronger cedi and the absence of a one-time reinsurance gain recorded in the previous period. The performance was highlighted at the company’s 16th Annual General […] The post Enterprise
Newmont has supported the University of Ghana Health Services at Legon with a donation of essential medical equipment valued at over GHS 290,000, reinforcing its commitment to safety and strengthening healthcare delivery in Ghana. The equipment was donated following a request from the Internal Medicine Department of the facility, which provides care to a large […] The post Newmont
Key agencies in Ghana’s shipping and logistics value-chain have pledged to tackle the cluster of problems that are driving up the cost of doing business at the country’s ports, following a stakeholder forum convened by the Ghana Shippers’ Authority (GSA) in Accra. The meeting, held at Ghana Shippers’ House in Accra on Thursday, 25th June […] The post Stakeholders
The National Disaster Management Organisation (NADMO), in partnership with Zoomlion Ghana Limited and other collaborating institutions, on Wednesday, July 1, 2026, intensified its flood preparedness efforts with a large-scale drain-clearing exercise at multiple flood-prone locations across the Greater Accra Region to improve the free flow of stormwater and minimise the risk of flooding ahead of […] The post NADMO,
Olam Agri has published its inaugural Annual Report marking the next stage in its transformative new chapter of growth separate from the Olam Group. This follows the completion of the acquisition of a majority shareholding by the Saudi Agricultural and Livestock Investment Company (SALIC) in April 2026. Reflecting on the company’s performance during 2025, the report […] The post Olam
By Cecil Ato Kwamena DADZIE As floodwaters swept through parts of Accra, homes disappeared beneath muddy water, businesses counted devastating losses, and anxious families searched for loved ones, one thing became clear: crises do not only test the resilience of a city—they also test the character of those who communicate with it. In times of […] The post Why empathy should guide
In a decisive intervention aimed at reinforcing the financial bedrock of the national economy, Coronation Insurance Ghana Limited, in strategic partnership with MTN Mobile Money (MoMo), has officially launched its landmark Business Protection Insurance (BPI) product. Dubbed the Smart SME Plan (Bundle), this fully digital insurance suite is engineered to provide affordable, friction-free, and immediate […] The post Coronation
By Robert Aidoo International interest in a greenhouse facility in Dawhenya is drawing attention to a largely untapped opportunity for Ghana: exporting agricultural expertise alongside agricultural produce. Visits by agribusiness executives from the United States, development agencies, government officials and a delegation from Liberia suggest that Ghana’s most successful farms are increasingly being recognised not […] The post Can
Upon the implementation of the Three-Tier Pension Scheme under the National Pensions Act of 2008 ?Act 766?, Ghana was recognised for instituting one of the most comprehensive social security reforms in its history. The reform was intended to modernise pension management, enhance retirement benefits, broaden coverage, and establish a sustainable framework to ensure income security […] The post Evaluating
By Godwin Kwawu Youth unemployment in Ghana has evolved from an economic challenge into a national security threat. With graduate unemployment at approximately 60 percent two years after graduation, we are wasting billions in educational investment while creating conditions for social breakdown. Young people risk their lives on irregular migration routes, accept exploitative work, or […] The post Beyond
By Dickson Assan For generations, agriculture in Ghana has largely been practised on a subsistence basis, dominated by millions of smallholder farmers cultivating relatively small parcels of land primarily to feed their families, with any surplus sold in local markets. Even among farmers who produced for commercial purposes, agriculture was often viewed more as a […] The post Accounting
By Robert Aidoo International interest in a greenhouse facility in Dawhenya is drawing attention to a largely untapped opportunity for Ghana: exporting agricultural expertise alongside agricultural produce. Visits by agribusiness executives from the United States, development agencies, government officials and a delegation from Liberia suggest that Ghana’s most successful farms are increasingly being recognised not […] The post Can
Desmond Isaac Addo Email: [email protected] The Ministry of Finance has announced that government has formally applied to the Bank of Ghana for a licence to establish the proposed Women’s Development Bank. This marks an important step in one of its flagship financial inclusion initiatives. It also means the idea has moved from policy discussion into […] The post Inside
By Dr. I.K. Abdul-Hamid Flooding has once again become a major concern in Accra and several parts of Ghana. Every rainy season, communities experience the painful consequences of overflowing drains, poor water management, and inadequate urban infrastructure. Homes are destroyed, businesses are disrupted, vehicles are damaged, and, most tragically, lives are lost. Over the years, […] The post Floods
As at the time of going to press yesterday, the Ghana National Fire Service (GNFS) confirmed that at least 12 people have died while nearly 500 others have been rescued following extensive flooding that affected several parts of Greater Accra Region after Monday’s heavy rains. Firefighters and rescue personnel have worked around the clock since […] The post Editorial: Assessment
The country’s reliance on domestic borrowing is reducing exposure to foreign exchange shocks but creating new risks within national banking systems, Governor Dr. Johnson P. Asiama has observed. Dr. Asiama believes the next phase of debt reforms should focus on building deeper, longer-dated and more diversified domestic debt markets. Dr. Asiama, speaking at the Bank […] The post Editorial:
By: Enoch Young Dogbe Another day of heavy rainfall brought lives, livelihoods and economic activity to a standstill across Accra. Beyond the floodwaters lies a more pressing question: why does a city that knows the rains will come still find itself unprepared? At exactly 5:00 a.m. on Monday, my alarm went off as it always […] The post When the rain brought Accra
The FIFA World Cup has taught us many things over the years. One is that footballers are constantly communicating, even when they are saying absolutely nothing. A defender stretches out an arm. A captain points to an empty space. A goalkeeper waves teammates forward. A striker spreads his arms in frustration after not receiving a […] The post On Cue with Kafui DEY: Silent signals appeared first
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