Business

President John Dramani Mahama announces plans in Addis Ababa to end foreign funding for cocoa purchases and shift to domestic bonds to boost local processing and jobs

Government to absorb US$150 million losses as cocoa prices are cut by 28%, with assurances that unpaid farmers will be fully settled.

Government introduces Cocoa Bond financing scheme to replace syndicated loans, stabilise cocoa purchases, support farmers, and boost local processing

Ghana gold production hit a record in 2025, but Ghana gold production in 2026 faces uncertainty due to royalty reforms. Industry leaders warn that Ghana gold production may slow as costs rise, putting future Ghana gold production and jobs at risk

The Bank of Ghana plans to list more banks as pension assets exceed GH¢100 billion, aiming to boost transparency, governance, and market discipline in the banking sector

IEAG calls for fair competition in GoldBod operations, warning that regulatory and commercial roles must be separated to protect Ghana’s gold trade

GRA dismisses fears of price hikes under Ghana’s new VAT regime, explaining that the reforms will lower business costs and prevent market distortion