Category: News

Gold Exports from Small-Scale Sector Surpass Large-Scale Sector for First Time in Ghana’s History

Accra: Gold exports from the small-scale mining sector in Ghana reached an impressive 51.5 tonnes, valued at approximately US$5 billion, in the first half of 2025, as revealed by Dr Ato Forson, the Minister for Finance. This significant achievement marks a major increase from the 26.4 tonnes valued at US$1.8 billion recorded during the same period in 2024. According to Ghana News Agency, Dr Forson presented these findings during the 2025 Mid-Year Budget Review in Parliament, highlighting the reforms introduced by the recently established Ghana Gold Board (GOLDBOD) since April 2025. These reforms include changes to the licensing regime and

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Minister Urges Cement Dealers to Pass on Economic Gains to Consumers

Accra: Minister of Roads and Highways Kwame Agbodza has urged cement producers and dealers to reduce their prices to reflect the current economic stability and gains made in the country. The Minister emphasised that the prices of cement had not responded to the gains made in the economy, unlike other commodities, and that this is unacceptable. According to Ghana News Agency, Mr. Agbodza made these remarks on Thursday in Parliament House, in Accra, ahead of the Mid-Year Budget Review by the Minister of Finance. He also hinted that the government would take a second look at cement producers who refused

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Citizens Urged to Hire Certified Electricians for Safe Meter Installations

Kumasi: The Energy Commission has advised Ghanaians to always engage the services of qualified and certified wiring professionals and inspectors before applying for meters from the Electricity Company of Ghana, Limited (ECG). This is to ensure that wiring services and installation works are properly done with standard materials for the safety of lives and properties. According to Ghana News Agency, Mr. Stephen N. Yomoh, Assistant Manager of the Electrical Wiring Section of the Electricity and Natural Gas Directorate of the Energy Commission, made the call at a stakeholder engagement in the Ashanti West Region of the ECG. The engagement was

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Government Recapitalizes NIB to Profitability with GHS3.4 Billion Paid-Up Capital

Accra: The National Investment Bank (NIB) has reached a significant milestone in its journey towards profitability and sustainability, as announced by Mr. Cassiel Ato Baah Forson, the Minister of Finance. The bank now boasts a total paid-up capital of GHS3.4 billion and a capital adequacy ratio of 23 percent. According to Ghana News Agency, the government injected GHS450 million in cash into NIB, issued marketable bonds with a face value of approximately GHS1.5 billion, and transferred GHS500 million of Ghana’s shares in Nestle Ghana Limited to the bank. This was part of an ambitious plan by the government to recapitalize

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GEPA Gets New Board to Support Export Expansion

Accra: Eleven out of a 13-member board of the Ghana Export Promotion Authority (GEPA) have been sworn into office to help advance Ghana’s non-traditional export agenda. Madam Elizabeth Ofosu-Adjare, Minister of Trade, Agribusiness and Industry, who administered the oath at a ceremony in Accra, urged the board to coordinate efforts that would ease business operations and improve export performance. According to Ghana News Agency, Madam Ofosu-Adjare expressed confidence in the board’s capabilities, which comprise professionals from key institutions across various sectors. ‘I am truly excited at the calibre of people I have got to serve. This board can only perform;

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Let’s Build a Northern Ghana Known for Innovation, Resilience, and Peace – Nitiwul

Tamale: Mr Dominic Bingab Aduna Nitiwul, Member of Parliament for Bimbilla Constituency and former Minister for Defence, has called for a deliberate transformation of Northern Ghana from a region associated with poverty and underdevelopment to one defined by resilience, innovation, peace, and opportunities. Speaking at the First Northern Ghana Development Conference, organized under the ‘A Conference of Northern People, Leaders and Partners’ in Tamale, Mr Nitiwul emphasized the urgent need to bridge the development divide between the north and south through bold policy interventions and sustained investment in human capital. According to Ghana News Agency, Mr Nitiwul stressed that it

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166 Constituencies to Benefit from 5,000km of Roads in Three Years

Accra: The Government has set out to construct a combined 5,000km of roads in 166 constituencies in dire need of road infrastructure in the next three years. Each constituency will benefit from 10km of roads annually as part of a deliberate effort to bridge the road infrastructure gap in the country. According to Ghana News Agency, delivering the 2025 Mid-Year Budget in Parliament on Thursday, Dr. Cassiel Ato Forson, the Finance Minister, stated that roads in the 166 constituencies were in dire need of rehabilitation, hence the intervention. The Finance Minister mentioned that the Minister for Roads and Highways would

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