Effective February 1, Ghana will roll out an artificial intelligence (AI) system to block the over $127 billion annual revenue leakages, enhancing the modernisation of customs operations and improving efficiency.
Ghana will scrap long-term mining investment stability agreements and double royalties under sweeping reforms, the regulator in Africa's top gold producer told Reuters, as it seeks to capture more benefits from surging bullion prices.
Oil prices settled down around 4% on Thursday, ending a five-day streak of gains after U.S. President Donald Trump said the crackdown on protesters in Iran was easing, allaying concerns over potential military action against Iran and oil supply disruptions.
The government has inaugurated a 12-member Presidential Advisory Group on the Economy (PAGE) to provide strategic, evidence-based guidance on Ghana’s economic management and long-term growth.
Ghana and Japan have reaffirmed their long-standing partnership, with both countries expressing commitment to deepening economic cooperation to drive growth, job creation and sustainable development.
The Minister of State in charge of Government Communication, Felix Kwakye Ofosu, has announced that preparations for the establishment of the Women Development Bank are at an advanced stage, with the bank expected to be rolled out in 2026.
The US government has given chip giant Nvidia the green light to sell its advanced artificial intelligence (AI) processors in China, the Department of Commerce said on Tuesday.
The Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has paid a working visit to the Abossey Okai Spare Parts Market in Accra as part of the government’s efforts to ensure fair pricing and protect consumers in the auto parts sector.
Dr Johnson Pandit Asiama, the Governor of the Bank of Ghana, on Monday called for a unified national response to address losses arising from the Gold-for-Reserves programme.
The Bank of Ghana (BoG) has injected approximately $10 billion into the economy since January 2025 to stabilize the exchange rate and strengthen the nation’s foreign reserves.
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The Bank of Ghana (BoG) has disclosed a significant rise in losses under its Domestic Gold Purchase Programme (DGPP), with figures hitting GHS 5.66 billion in 2024.
The Independent Power Generators (IPGs) Ghana have praised the government for settling a significant portion of long-standing arrears owed to power producers, hailing the move as a pivotal step toward stabilizing the country’s energy sector.
