The Minerals Commission has defended its decision to revoke the mining leases of Narawa Company Limited over an outstanding debt of US$909,127.79 in annual mineral right fees, insisting that the termination followed due legal process. In a press statement dated October 20, 2026, the Commission rejected allegations by Narawa that its mining leases covering the Nsutam and Osiem concessions were wrongfully or unlawfully terminated and that its operations were handed over to an i

The Managing Director of the Ghana Airports Company Limited (GACL), Mrs. Yvonne Nana Afriyie Opare, has paid a courtesy call on the Ga Mantse, King Tackie Teiko Tsuru II, as part of preparations towards the company’s 20th anniversary celebration. The visit was aimed at formally introducing Mrs. Opare and her management team to the Ga Mantse, seeking his blessings and support, and extending an invitation to the King to join the company in commemorating the significant mileston

Ghana has called for a new approach to international mining cooperation, stressing that future partnerships must prioritise local mineral processing, technology transfer and skills development rather than the export of unprocessed natural resources. The position was presented by the Chief Executive Officer of the Minerals Commission, Mr Isaac Tandoh, who spoke on behalf of the Government of Ghana at the Ministerial Roundtable of the Second Russian-African Raw Materials Dialog

Ignite Social Enterprise is an independently owned corporate enterprise with no parent-subsidiary relationship, franchise arrangement, joint venture or shared ownership with any Ghanaian company, Member of the Ignite Global Advisory Board, Mr Nathan Kwabena Adisi (Bola Ray), has clarified. According to him, Ignite operates as a separate business entity, with no Ghanaian company having no control over its operations. Mr Adisi made the clarification during a Zoom briefing with

Ghana’s building cost inflation rose to 4.6% in August 2026, from 4.0% in July, driven largely by higher prices of construction materials and continued pressure from plant and equipment costs. The Government Statistician, Dr. Iddrisu Alhassan, disclosed this at the release of the August 2026 Prime Building Cost Index (PBCI) by the Ghana Statistical Service (GSS). According to Dr. Alhassan, building costs increased by 4.6% year-on-year in August 2026, while prices recorded a m

Dr. David Ofosu-Dorte, Senior Partner of AB & David Africa, has called for renewed attention to the safety and protection of auditors as they carry out their statutory responsibilities in scrutinising public accounts and financial transactions. He said the effectiveness of the audit function could be undermined if auditors were exposed to threats, intimidation or other forms of interference while performing their duties. Dr. Ofosu-Dorte made the remarks at the 2026 Financial

The Public Accounts Committee (PAC) Chairperson, Madam Abena Osei-Asare (MP) has called for a stronger culture of accountability across Ghana’s public institutions, stressing that accountability must be embedded in the daily operations of institutions rather than begin only when auditors arrive. She made the call at the 2026 Financial Year Audit Launch, held on the theme “Strengthening Accountability Oversight in Public Institutions: Building Trust through Collaboration and A

Presidential Advisor on the National Anti-Corruption Programme, Professor Francis Dodoo, has challenged the Ghana Audit Service to move beyond identifying financial irregularities and ensure that public funds found to have been misappropriated are effectively recovered. He said auditors must remain committed to protecting the interests of the wider community rather than shielding individuals whose actions had caused financial losses to the state. Professor Dodoo made the call

The Auditor-General of the Ghana Audit Service, Dr. Pamela Graham, has called for stronger accountability, timely action and closer collaboration among public institutions to improve governance and restore public confidence in the management of state resources. Dr. Graham said the Audit Service was repositioning its approach to public sector auditing to ensure that audit findings translated into concrete action and measurable improvements. She made the call at the 2026 Financ

Ga Mantse, King Tackie Teiko Tsuru II, has called for stronger collaboration between government ministries and traditional authorities to accelerate development in the Ga State, particularly in the areas of agriculture, youth employment and community development. The Ga Mantse made the call when the Minister of Food and Agriculture, Hon. Eric Opoku, paid a courtesy visit to the Ga Mantse Palace. Welcoming the Minister and his delegation, King Tackie Teiko Tsuru II stressed th

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has highlighted the Ghana Gold Board (GoldBod)’s central role in the country’s gold value chain, particularly in the aggregation and export of gold. Speaking at the 132nd Monetary Policy Committee (MPC) press briefing, Dr. Asiama said GoldBod’s gold shipments have resumed at significant levels, supporting the continued accumulation of Ghana’s foreign exchange reserves. According to the BoG Governor, the regularity o

The Bank of Ghana has cautioned that the country’s inflation outlook remains exposed to several upside risks, even as the Monetary Policy Committee (MPC) maintains the policy rate at 14 percent. Bank of Ghana Governor, Dr Johnson Asiama, said the risks include further increases in utility tariffs, rising petroleum prices and their potential impact on transport fares, a stronger US dollar, as well as possible disruptions to global supply chains. He noted that these factors cou

Bank of Ghana Governor, Dr. Johnson Pandit Asiama has clarified that he is no longer a member of the Board of the Ghana Gold Board, popularly known as GoldBod. Responding to questions about whether he would resign from the GoldBod Board, Dr. Asiama said he resigned from the board approximately five months ago and no longer attends its meetings. “I’m no longer a member of the Gold Board board. I do not sit on the board of the Gold Board,” the Governor said. He explained, howev

The Bank of Ghana has assured the public that the full cost of introducing its new Ghana Cedi Heritage Series will be publicly accounted for, with every expenditure associated with the exercise expected to be captured in the central bank’s 2026 financial statements. Governor Dr. Johnson Pandit Asiama disclosed this on Thursday during the media engagement following the 132nd Monetary Policy Committee meetings, saying the currency-modernisation programme was not an unplanned ex

The Bank of Ghana will officially launch a new generation of Ghana cedi banknotes, known as the Heritage Series, on November 3, 2026, Governor Dr. Johnson Pandit Asiama has announced. The new banknotes are being introduced under the theme “The Cedi, Our Future — Secure, Designed to Last”, as the central bank seeks to modernise Ghana’s currency after more than two decades of the existing core banknote designs. Dr. Asiama made the announcement on Thursday during the 132nd Monet

Bank of Ghana Governor Dr. Johnson Pandit Asiama has called on Ghanaians to stop spraying banknotes and using the Ghana cedi to create “money bouquets,” as the central bank prepares to introduce a new generation of banknotes known as the Heritage Series. Addressing the media on Thursday at the 132nd Monetary Policy Committee (MPC) meetings press briefing, Dr. Asiama said the integrity of Ghana’s currency is a shared national responsibility. He urged Ghanaians, businesses, tra

The Ghana Gold Board (GoldBod) has opened discussions with Germany’s TU Bergakademie Freiberg University of Mines on possible collaboration to promote responsible and environmentally sustainable artisanal and small-scale mining (ASM) in Ghana. The engagement was facilitated by the Delegation of German Industry and Commerce in Ghana (AHK Ghana) through its Market Entry Programme, which seeks to create opportunities for international partnerships, technology transfer and techni

Ghana’s economy grew by 6.0% in the second quarter of 2026, with the services sector, information and communication technology (ICT), transport and a sharp increase in investment emerging as key drivers of economic expansion. Government Statistician, Dr. Alhassan Iddrisu, disclosed this when he presented the Ghana Statistical Service’s (GSS) 2026 Q2 Gross Domestic Product (GDP) Estimates and June 2026 Monthly Indicator of Economic Growth (MIEG) on Wednesday, September 9, 2026

Ghana’s services sector remained the main engine of economic expansion in the second quarter of 2026, contributing 57.6% of total real GDP growth, despite a moderation in the sector’s growth rate compared with the same period last year. Government Statistician, Dr. Iddrisu Alhassan, disclosed this on Wednesday when he addressed journalists during the Ghana Statistical Service’s release of the 2026 Quarter 2 GDP Estimates, June 2026 Monthly Indicator of Economic Growth (MIEG),

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