💼 Business Ghana

MyJoyOnline3 h ago

Leveraging pension power: How Ghanaian trade unions can turn capital into Worker rights

Globally, organised labour is navigating an unprecedented structural crisis. Membership densities continue to dwindle, undermined by expanding informal economies, shifts in employment relationships like casualisation, and subtle to aggressive corporate anti-union practices. In response, the international labour movement under the guidance of the International Trade Union Confederation (ITUC) has continuously urged affiliated unions to innovate, revise, and modernise their or…

Modern Ghana3 h ago

Bank of Ghana Governor Johnson Asiama Arrives at 30th GJA Media Awards

MyJoyOnline3 h ago

2027 Budget review: The ten-billion-dollar question for next Thursday

On Thursday, 12 November, the red dispatch box will return to the floor of Parliament for the reading of the 2027 Budget. Ahead of that presentation, consider this a diagnostic preview of the government’s flagship economic pitch. To ground it in hard data rather than political rhetoric, I am prefacing this analysis with a sobering twenty-five-year time series calculated by Professor Fred M Dzanku from Bank of Ghana records. Take a close look at the attached chart before Thur…

3News5 h ago

Mahama outlines US$9bn 'New Economy' plan for 2027–2030 ahead of November 12 budget

President John Dramani Mahama has announced plans to invest more than US$9 billion in job-creating sectors between 2027 and 2030 under the government's proposed “New Economy” policy. He said the full blueprint will be laid before Parliament when Finance Minister Dr Cassiel Ato Forson presents the 2027 Budget Statement and Economic Policy on Thursday, November 12. Speaking at the grand durbar of the 2026 Hogbetsotso Festival in Anloga on Saturday, November 7, Mahama said the…

MyJoyOnline5 h ago

Gov’t allocates GH¢250M in 2027 budget for completion of Blekusu Coastal Protection Project

President John Mahama has announced an additional GH¢250 million allocation in the 2027 budget for the continuation and completion of the Blekusu Phase Two Coastal Protection Project. The President said the funding is intended to ensure the uninterrupted execution of the project intended to deal with the severity of coastal erosion in the area. Addressing the 2026 Hogbetsotso Festival, President Mahama said the additional allocation is in response to appeals by traditional l…

3News6 h ago

Ghana Prisons Service launches medicines bank in Western Region to bridge healthcare gaps

The Ghana Prisons Service is turning to strategic partnerships to address persistent shortages of essential medicines and medical equipment in its facilities, with the launch of a Medicines and Equipment Bank in the Western Region. The initiative seeks to improve access to healthcare for inmates, particularly those in remote prison facilities where access to medical supplies has been uneven. The Western Regional launch forms part of efforts to extend the intervention to all…

Graphic Online7 h ago

Before the Budget speech, remember this. Social spending is economic policy - Michael Kpessa-Whyte writes

2027 Budget to outline $9bn investment in job-creating sectors – Mahama

MyJoyOnline8 h ago

Exim Bank to commence a 200-acre textile and garment industrial hub for Weta, targeting 3,000 jobs – Mahama

President John Dramani Mahama has announced plans to establish a light industrial area dedicated to textile and garment manufacturing at Weta in the Volta Region through the Ghana Export-Import Bank (Ghana EXIM Bank). The President said 200 acres of land had been acquired for the project, which is expected to create thousands of employment opportunities when fully operational. Speaking at the grand durbar of the 2026 Hogbetsotso Festival in Anloga, President Mahama said he h…

Modern Ghana8 h ago

Ghana’s Drug Menace: Are State Officials Complicit in Cocaine Trade? | The Big Issue

MyJoyOnline9 h ago

UK cannot ‘cherry pick’ EU single market deal, Barnier tells BBC

The EU’s former Brexit negotiator has warned that the UK cannot “cherry pick” which elements of the single market to which it subscribes, after Andy Burnham said he wanted to explore closer economic ties with Europe. The prime minister has said rejoining the bloc’s internal market was among options he could pursue as part of a reshaping of ties since the UK’s exit from the EU nearly six years ago. But Michel Barnier told the BBC’s Sunday with Laura Kuenssberg that EU members…

MyJoyOnline9 h ago

Paraguay’s president impeached and under house arrest after bank collapse

Paraguay’s President Santiago Peña has been impeached and placed under house arrest after a bank collapse triggered a crisis that left more than half of the country’s population without access to their accounts. Peña was arrested on Friday minutes after lawmakers, including from his own party, unanimously voted to remove him from office following the collapse earlier this week of Ueno Bank, which has links to his private business interests. He had offered to step down on Thu…

3News10 h ago

Policy Rate cut was to preserve stability amid rising global oil prices - BoG Governor

The Governor of the Bank of Ghana, Johnson Pandit Asiama, on Friday 6 November 2026, appeared before the Parliamentary Committee on Economy and Development to update Parliament on monetary policy and macroeconomic developments in the first half of 2026. The Governor said the Policy Rate was cut from 18.0 per cent to 14.0 per cent in January and March, then held at 14.0 per cent in May, July and September to preserve stability amid rising global oil prices and domestic price…

3News10 h ago

Paraguay's President Peña impeached and placed under house arrest over Ueno Bank collapse

Paraguay's Senate has unanimously impeached President Santiago Peña and prosecutors have placed him under house arrest in Asunción over the collapse of Ueno Bank, installing Vice-President Pedro Alliana as head of state. All 44 senators present on Friday, November 6, with one lawmaker absent, voted to convict Peña of misconduct in office a day after Congress rejected his resignation. Removing him by impeachment rather than accepting his resignation stripped the 47-year-old e…

3News10 h ago

BoG says GH¢17.5bn gold shortfall is a book loss from the cedi's rise

The Bank of Ghana says a GH¢17.5 billion accounting loss on its 2025 Domestic Gold Purchase Programme came from the cedi's rise, and was not cash that left the country. Paul Bleboo, Head of Gold Management, gave the figure on Friday, November 6, to Parliament's Committee on Economy and Development. Governor Dr Johnson Pandit Asiama led the Bank's team at that hearing. Gold was bought at the local market rate, exported, and the dollars booked in cedis about 10 days later, Ble…

News Ghana11 h ago

Paraguay’s Peña Ousted, Placed Under House Arrest After Bank Collapse

3News11 h ago

TraffiTech-GH: Police explain trade plates and ownership data as critics question fines split

Police say they are working through a first week of TraffiTech-GH complaints about rented trade plates, cars that were sold but never re-registered, and errors in the records the cameras rely on. ACP Alexander Kwaku Obeng, Director of Education, Research and Training at the Motor Traffic and Transport Department (MTTD), told JoyNews' Newsfile on Saturday, November 7, that every dispute is being looked at since live camera enforcement began on November 1.

Modern Ghana11 h ago

BoG Maintains Cautious Monetary Stance Amid Emerging Inflation Risks

Modern Ghana11 h ago

Ablakwa Pushes AU-CARICOM Partnership to Boost Africa-Caribbean Trade

Graphic Online15 h ago

Paraguay's president impeached and under house arrest after bank collapse

Graphic Online15 h ago

Galamsey's real bill paid at tap, market, clinic - Let’s count it

Business

GhanaWeb18 h ago

‘We will be bleeding from our noses if we allow Mahama to go for a third term’ -Dome market woman

B&FT - Business & Financial Times