Category: Business

Customs revenue has increased to US$ 3,179,125,238.11 in September, 2025 – Importers and Exporters Association of Ghana.

Report by Ben LARYEA     The Importers and Exporters Association of Ghana has stated that customs revenue for the country has increased to us $3,179,125,238.11 as at September, 2025, up from US $3,108, 226,482.40 in 2024.      According to the Association, stakeholders in this regardmust put port performance in its’s broader economic context, adding that trader’s reality is shaped not...
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Trade Minister assures stronger industrial support, raw material development

The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has reaffirmed the government’s commitment to strengthening Ghana’s industrial base during separate working visits to Wahu Company Limited and the Entrance Pharmaceutical & Research Centre in Accra on Friday. The visits formed part of her broader industrial engagement strategy aimed at deepening collaboration with local manufacturers,...
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GNPC accused of deliberate scheme to cause financial loss in $700m springfield deal – ACEP

The Africa Centre for Energy Policy (ACEP) has accused the Ghana National Petroleum Corporation (GNPC) and its subsidiary Explorco of engaging in a “deliberate conspiracy” to cause financial loss to the state through the intended acquisition of additional stakes in the Springfield-operated West Cape Three Points Block 2 (WCTP-2).Speaking to the Daily Graphic, ACEP’s Executive...
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Springfield Deal: ACEP slams proposed state takeover as fiscally imprudent, urges strict enforcement of contracts

The Africa Centre for Energy Policy (ACEP) has launched a scathing attack on the Government of Ghana’s reported intention to acquire Springfield Exploration and Production Limited’s interest in the West Cape Three Points Block 2 (WCTP2) oil block, describing the move as a costly mistake that could set a dangerous precedent and waste scarce public...
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Govt to establish Value for Money Office to curb waste, ensure accountability

The Minister for Finance, Dr Cassiel Ato Forson, has announced that government will establish a Value for Money Office (VfMO) to strengthen fiscal discipline, enhance accountability and ensure that every cedi spent delivers tangible results for Ghanaians. He made the announcement on Thursday, November 13, while presenting the 2026 Budget Statement and Economic Policy to...
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Introduce Tax Reliefs for Local Industries in the 2026 Budget Statement – FABAG

Report by Ben LARYEA As part of the effort to address the challenges affecting local industries in the country, the Food and Beverages Association of Ghana (FABAG) has called government to introduce tax reliefs to save the collapse of industries in the up-coming 2026 budget statement to enable them thrive. FABAG in these regard, has urged government to introduce...
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Bel Beverages renews partnership with First National Bank Accra Marathon for third consecutive year

Bel Beverages, the producer of popular brands Bel Cola, Bel Active, and Bel Aqua mineral water, has reaffirmed its commitment to the First National Bank Accra Marathon organized by Dansoman Keep Fit Club by extending its sponsorship for the third year in a row. The announcement underscores the company’s dedication to promoting health, wellness, and...
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Ghana is losing hundreds of millions of cedis in revenue each week due to smuggling activities – FABAG reveals 

Report by Ben LARYEA The Food and Beverages Association of Ghana (FABAG) has urgently called on government to address the rampant smuggling across the country boarders which is causing the nation to lose a whopping sum of hundreds of millions of cedis every week. According to FABAG, this illicit and smuggling activities in a month...
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Power Energy Ghana and BUILDEXPO explore opportunities in the energy sector 

Report by Ben LARYEA The 4th edition of the Power Energy Ghana in partnership with Build Expo brought together innovators, industry players, entrepreneurs, policy makers, exhibitors, stakeholders among others to engage in business and investments opportunities in Accra. The primary purpose of the 2-day event which kick started from in Accra was to facilitate business...
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