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Economy, markets, trade and enterprise.
A Kenyan presidential aspirant, Patrick Osoi, has threatened to halt Nigerian billionaire Aliko Dangote’s proposed US$16 billion oil refinery project in Kenya if he wins the country’s 2027 presidential election, arguing that local investors should take responsibility for the development. Osoi, a...
Business
The RNAQ Foundation, founded by Ghanaian entrepreneur Richard Nii Armah Quaye, is pleased to announce the launch of its Mobile Food Bank initiative. After the first year of the RNAQ Food Bank, and in direct response to community feedback, the foundation is expanding access to free meals by taking...
Business
Ghana’s Minister for Communications, Sam George, has said the FBI Director should not claim sole credit for a recent cybercrime operation carried out in the country. The operation, known as Operation Blackout, targeted scam networks. According to Ghana’s Cyber Security Authority (CSA), local auth...
Business
The Bank of Ghana has declared cedi notes that have been taped, glued, stapled, or otherwise repaired unfit for circulation, and told the public to stop patching damaged notes and putting them back into use. The warning, issued on Wednesday, 7 October 2026, follows a video circulating on social m...
Business
A 28-year-old branch manager of Oyibi Area Community Bank PLC has appeared before the Adenta Circuit Court charged with stealing GH¢1 million. Adjetey Isaac Noi is accused of reactivating a dormant customer account and using it as a transit account to transfer funds to various accounts in differe...
Business
Ghanaian businesses importing goods from China can now initiate eligible payments directly from their Ghana cedi accounts under a new banking arrangement being piloted by Stanbic Bank Ghana. The initiative forms part of efforts by the Bank of Ghana (BoG) to reduce the country’s reliance on the US...
Business
Senior Ghanaian politician Freddy Blay has said his wife is distraught and in tears following the alleged demolition of their son’s multi-million-cedi investment. In a statement, Blay accused Richard Jakpa of demolishing the Polo Beach Club, an investment he valued at GH¢35 million — approximatel...
Business
Nairobi — The Malindi Environment and Land Court has temporarily halted plans to construct the multibillion-shilling Dangote refinery in Lamu County. The suspension will remain in place until the court hears and determines an application filed by Salim Tima Swale and 132 other applicants. The cou...
Business
Ghana is the fifth-largest cryptocurrency market in sub-Saharan Africa, according to an International Monetary Fund technical assistance report published after a mission with the Bank of Ghana and the Securities and Exchange Commission. The Fund said data suggested that between 8% and 17% of the...
Business
Africa’s richest man, Aliko Dangote, is facing a fresh legal challenge ahead of the planned launch of his East Africa refinery project in Kenya. A groundbreaking ceremony for the proposed 700,000-barrel-per-day refinery is scheduled for Wednesday, 30 September, in Chandavai, Lamu County. However,...
Business
OUAGADOUGOU — Burkina Faso inaugurated its first gold refinery on Monday, a $19 million plant designed to turn locally mined dore into fine gold bars instead of sending the metal abroad for processing. President Ibrahim Traoré opened RAFFINOR-BF in the Ouaga 2000 district of the capital. The stat...
Business
The Government of Ghana is introducing a special contra-flow traffic arrangement to improve the movement of Aayalolo Bus Rapid Transit (BRT) services on three major commuter corridors into Accra. The arrangement will take effect from Tuesday, September 29, 2026, and will operate during peak traff...
Business