TexStyles Ghana Limited (TSG), the company behind two of Ghana’s most iconic textile brands, GTP and Woodin, is set to enter a new chapter following the acquisition of its shares by Ghanaian-owned investment firm Olive Africa Partners Fashions Ltd. Olive Africa Partners Fashions, represented by its co-founding partners Kofi Kwakwa and John Gadzi, has acquired Vlisco BV’s entire shareholding in TexStyles Ghana Limited, along with the Woodin brand and trademarks associated with

Ghana’s producer price inflation increased to 4.0% in July 2026, up from 3.5% in June, signalling renewed pressure on the cost of producing goods and delivering services across the economy. The latest figures, contained in the July 2026 Producer Price Index (PPI) released by the Ghana Statistical Service (GSS), show a 0.5 percentage-point increase in year-on-year producer inflation. Presenting the data, Government Statistician, Alhassan Iddrisu (PhD), explained that the Produ

The Government of Ghana has paid GH¢10.82 billion to bondholders under the Domestic Debt Exchange Programme (DDEP), marking the third consecutive coupon payment made entirely in cash. The Ministry of Finance said the government paid GH¢10,816,840,318.26 to DDEP bondholders on Wednesday, August 19, 2026, in line with the scheduled payment date. The latest payment brings the total amount disbursed to bondholders under the DDEP since 2025 to GH¢41.36 billion, according to the Mi

The Ga Mantse, Nii Tackie Teiko Tsuru II, has challenged mining companies and other industry stakeholders to ensure that communities hosting mining operations are left with sustainable livelihoods and development gains long after mineral extraction has ended. He said mining must not be viewed only as an avenue for generating revenue and foreign exchange, but as an activity that carries significant responsibilities towards the people and environments in which it takes place. K

The Executive Director of the Institute for Fiscal Studies (IFS), Dr. Saide Boakye, has raised concerns about the limited fiscal returns Ghana is deriving from the rapid expansion of gold production and exports, particularly from the small-scale mining sector. According to Dr. Boakye, the significant increase in gold exports in 2025 did not result in a proportionate increase in government revenue, raising questions about the effectiveness of the country’s mining fiscal regime

Government Statistician Dr. Alhassan Iddrisu has disclosed that the proportion of Ghanaians who paid bribes increased to 18.0 percent during the second half of 2025, up from 14.3 percent in the first six months of the year, highlighting a deterioration in bribery experiences over the period. Speaking at the launch of the Governance Series Wave 3 Report in Accra, Dr. Iddrisu said the findings showed that requests for unofficial payments by public officials also surged signific

The Public Relations Department of Ghana Water Ltd (GWL) has apologised to customers across the country for temporary interruptions in water supply following the nationwide power system disturbance that has affected the operations of several of the company's water treatment plants and pumping stations. In a statement issued on Wednesday, the PR Department explained that the challenges stem from the ongoing disruptions on the National Interconnected Transmission System managed

The Ghana Grid Company Limited (GRIDCo) has announced that the National Interconnected Transmission System experienced a major power system disturbance in the early hours of Wednesday, July 29, 2026, resulting in electricity supply interruptions across parts of the country. According to GRIDCo, the incident occurred at approximately 3:11 a.m., triggering the simultaneous tripping of several power generation plants connected to the national grid. The disruption affected electr

Global Airline, Delta Air Lines has expanded its entry-level Basic fare options to include its premium cabin products, a move aimed at offering travelers more flexibility while making premium travel more accessible at lower price points. The airline announced that customers can now purchase Basic fares in Delta First, Delta Premium Select, and Basic Business—the entry-level option for its flagship Delta One business-class experience. The expansion follows last year's introduc

The Deputy Managing Director of BOSTEnergies Limited, Salifu Nat Acheampong, has expressed concern over what he describes as a growing pushback from some stakeholders in Ghana’s downstream petroleum sector against the operations of the state-owned strategic fuel stocks company. According to him, the criticisms levelled against BOSTEnergies, particularly regarding its involvement in fuel trading, suggest that some industry players may have formed an alliance aimed at questioni

Ghana's informal cross-border trade generated an estimated GH¢31 billion in economic activity between January and September 2025, equivalent to approximately US$2.3 billion or 2.9 percent of the country's Gross Domestic Product (GDP), according to the Ghana Statistical Service (GSS). Presenting the findings of the Informal Cross-Border Trade (ICBT) Survey at the release of the report, Government Statistician, Dr. Iddrisu Alhassan, described the survey as a significant milesto

The Ghana Gold Board (GoldBod) has presented a GH¢12.65 million reward package to the Narcotics Control Commission (NACOC) following the successful seizure and subsequent sale of 17 gold bars confiscated from illegal gold traders in 2025. The presentation, made in Accra, forms part of GoldBod’s reward framework aimed at encouraging intelligence-led operations, recognising the sacrifices of security personnel, and strengthening inter-agency efforts to combat illicit gold tradi

The Ministry of Food and Agriculture (MoFA) has secured a GH¢1,068,455 corporate sponsorship from 3TREES Ghana Painting Ltd to renovate and repaint the exterior of its national headquarters under the Government’s Brighten Ghana Initiative. The sponsorship, which comes at no financial cost to the state, will fully fund the project, including paint supplies, labour, scaffolding, equipment and all related renovation works. The initiative forms part of the company’s Corporate Soc

The Ghana Gold Board (GoldBod) has reaffirmed its commitment to mitigating the environmental and social effects of mining by investing GH¢8.4 million in the rehabilitation of three major water supply systems in the Western and Central Regions. The intervention, undertaken through a strategic partnership with Ghana Water Limited (GWL), will support the rehabilitation of the Bonsa, Daboase and Sekyere Heman Water Supply Systems, which have experienced years of operational chall

The Minister for Food and Agriculture, Eric Opoku (MP), has admonished newly deployed District Feed Ghana Coordinators to approach their assignments with humility, discipline and a spirit of service, insisting that they are being sent to support Ghana's agricultural transformation—not to create parallel structures or assume authority over existing officers. Speaking at the passing-out ceremony of 506 members of the Feed Ghana Brigade in Accra, the Minister emphasized that the

President John Dramani Mahama has declared that industrialisation is no longer a policy option but an economic necessity, as he officially cut the sod for the construction of the Tema Integrated Industrial Park (TIIP), describing the landmark project as a catalyst for transforming Ghana into a competitive manufacturing and export-driven economy. Speaking at the sod-cutting ceremony in Tema on Tuesday, June 30, 2026, President Mahama said Ghana's long-term economic prosperity

The Ministry of Food and Agriculture (MoFA) has officially launched the 42nd National Farmers' Day Celebration, with the government reaffirming its commitment to transforming agriculture while calling for stronger collaboration to honour the country's farmers, fishers and other actors within the agricultural value chain. The launch, held on Tuesday at the forecourt of the Ministry's headquarters in Accra, brought together government officials, development partners, farmers, a

Vice President, Professor Naana Jane Opoku-Agyemang has reaffirmed government's commitment to protecting pension funds and implementing the proposed Labour Bill 2026 as part of efforts to strengthen workers' welfare and deepen industrial harmony. Speaking on behalf of President John Dramani Mahama at the opening of the 2026 National Labour Conference in Ho, the Vice President said government remains focused on safeguarding the retirement savings of Ghanaian workers while fast

The Government of Ghana has announced a major policy shift aimed at boosting local value addition in the country's gold sector, with all doré gold purchased by the Ghana Gold Board (GoldBod) set to be refined locally before being added to the nation's reserves. The initiative forms part of a landmark agreement between the Government of Ghana and the Ghana Chamber of Mines, under which GoldBod will purchase 30 percent of the gold output from all large-scale mining companies op

Government Statistician, Dr. Alhassan Iddrisu, has called on government to spend strategically and accelerate the execution of key infrastructure projects, citing improving conditions within Ghana’s construction sector and easing building cost pressures. Dr. Iddrisu made the remarks on Wednesday in Accra during a press conference to release the May 2026 Prime Building Cost Index (PBCI) and Building Cost Inflation report. According to the report, building inflation increased m