Business Archives - Page 3 of 56

May 28, 2025May 28, 2025

IEA Fellow Urges Mahama to Avoid IMF Return

Dr. Vladimir Antwi-Danso, a Senior Fellow at the Institute of Economic Affairs (IEA), has called on President John Mahama to implement bold measures to prevent Ghana from returning to the International Monetary Fund (IMF) after the current program concludes. Excessive Spending

May 27, 2025May 27, 2025

Energy Ministry Traces 2,637 Missing ECG Containers in Major Audit Breakthrough

The Ministry of Energy and Green Transition has made a significant stride in resolving the case of missing containers belonging to the Electricity Company of Ghana (ECG), successfully tracing 2,637 containers after an extensive audit. This latest figure more than doubles

May 27, 2025May 26, 2025

Mahama Unveils 8-Pillar Strategy for Ghana’s Transformation

President John Dramani Mahama has detailed an eight-point strategy that will form the bedrock of his economic reset plan for Ghana. This comprehensive approach is expected to boost investor confidence, deepen fiscal discipline, and drive long-term growth as the government steers

May 23, 2025May 23, 2025

Mobile Money Transactions Hit Record GHC 365 Billion in April 2025 – Bank of Ghana

Ghana’s mobile money sector saw another major boost in April 2025, with transactions totaling GHC 365 billion—the highest monthly value recorded so far this year. This is according to the Bank of Ghana’s latest summary of economic and financial data. The

May 23, 2025May 23, 2025

Ghana to Regulate Shipping Lines Despite Resistance

Professor Ransford Gyampo, Chief Executive Officer of the Ghana Shippers Authority, has accused international shipping lines operating in Ghana of resisting regulatory oversight, despite conducting business within Ghana’s jurisdiction. His comments follow concerns raised by the Chamber of Freight and Trade

May 21, 2025May 20, 2025

Mahama Attributes Cedi’s Rise to Strong Reserves

President John Dramani Mahama has attributed the recent appreciation of the Ghanaian Cedi to strong foreign exchange inflows and targeted policy measures aimed at stabilizing the economy. According to the President, the improved performance of the local currency is largely due

May 21, 2025May 20, 2025

Gamey Urges Employers to Link Pay to Productivity

Labour consultant and Chief Executive Officer of Gamey and Gamey, Austin Gamey, has urged employers to align their pay policies with employee productivity to ensure satisfaction. Speaking at a labour law forum in Accra organized by The Business Executive, Gamey stated,

May 20, 2025May 20, 2025

Dr. Bawumia Credits Gold Programs for Economic Stability

Former Vice President of Ghana, Dr Mahamudu Bawumia, has asserted that Ghana’s economy was saved from collapse by the Gold-for-Oil and gold purchase programs implemented during his tenure under the previous Akufo-Addo administration. During a recent interaction with the Young Executive

May 20, 2025May 20, 2025

Railway Operations Unsustainable Without Private Sector Involvement – Railway Authority Boss

Dr. Frederick Appoh, Executive Director of the Ghana Railway Development Authority (GRDA), has emphasized the critical need for private sector participation in the country's railway operations, warning that continued reliance on government funding is unsustainable. Dr. Appoh highlighted that the root

May 20, 2025May 19, 2025

‘We Knew What We Were Doing’ – Bank of Ghana Responds as Cedi Gains 12% Against Dollar

The First Deputy Governor of the Bank of Ghana, Dr. Zakaria Mumuni, has defended the central bank’s recent monetary policy decisions, attributing the cedi’s strong performance in 2025 to deliberate and well-calibrated strategies. Dr. Mumuni highlighted the Ghanaian cedi’s appreciation of