5 d. ago Ghana’s Trade Surplus Masks Underlying Deficit as Commodity Prices Fuel Export Boom

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghanas-trade-surplus-masks-underlying-deficit-as-commodity-prices-fuel-export-boom/Ghana’s trade balance surged to a record GHȼ44.7 billion surplus in 2024, a dramatic leap from GHȼ5.3 billion the previous year, according to the latest data from the Ghana Statistical Service. But behind the headline figure lies a stark contradiction: while soaring global prices for gold, cocoa, and oil inflated export values, the country’s real […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghanas-trade-surplus-masks-underlying-deficit-as-commodity-prices-fuel-export-boom/

Politics

5 d. ago JICA and GRA train Customs Officers on trade agreements and facilitation at Ghana’s borders

Ghanaian Customs Officers from 8 different borders have been trained in trade facilitation by the Japan International Cooperation Agency, JICA, in collaboration with the Ghana Revenue Authority, GRA.

Events

5 d. ago Ghana Launches $220 Million Tree Crop Diversification Project to Boost Agriculture and Economy

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghana-launches-220-million-tree-crop-diversification-project-to-boost-agriculture-and-economy/Ghana is set to embark on a transformative $220 million tree crop diversification project this year, aimed at revitalizing the country’s agricultural sector and reducing its reliance on traditional cash crops. The initiative, funded by the International Development Association (IDA) of the World Bank Group, will focus on enhancing the production, processing, and trade of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghana-launches-220-million-tree-crop-diversification-project-to-boost-agriculture-and-economy/

Economics

6 d. ago Ghana Shippers’ Authority Backs VAT Review to Ease Transit Trade Costs

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghana-shippers-authority-backs-vat-review-to-ease-transit-trade-costs/The Ghana Shippers’ Authority (GSA) has thrown its weight behind a planned overhaul of the country’s Value Added Tax (VAT) system, endorsing the Finance Ministry’s push to reevaluate tax policies affecting transit services. The move, aimed at aligning Ghana’s practices with international standards, seeks to reduce financial burdens on businesses engaged in cross-border trade and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghana-shippers-authority-backs-vat-review-to-ease-transit-trade-costs/

Politics

7 d. ago Shippers’ Authority CEO visits Western Zone to assess operations

In a move that underscores the strategic importance of Ghana’s Western corridor in global trade, Professor Ransford Gyampo, Chief Executive Officer of the Ghana Shippers’ Authority (GSA), embarked on a working tour of the Western Zone, headquartered in Takoradi, on February 17, 2025. His visit sought to assess ongoing operations, engage with staff, and advance […]

Culture

7 d. ago 2024 Ghana Trade Report reveals a strong economic outlook, expanding global opportunities

The Ghana Statistical Service (GSS) has the launched of the 2024 Annual Trade Report and the Q4 2024 Trade Newsletter. These publications provide a clear and accessible overview of Ghana’s international trade performance and explain how the nation is expanding its role in the global market. At the launch event, the Head of Trade Statistics, […]

Politics

9 d. ago Trade between Ukraine and Ghana dropped from $300m to $34m due to Russia’s aggression

One of the most devastating consequences was the collapse of trade between Ukraine and Ghana. Once a flourishing partnership valued at $300.06 million in 2021, it plummeted to a mere $34 million by 2023.

Politics

1 week ago GIPC CEO pays courtesy call on Trade Minister; pledges to streamline Ghana’s investment promotion efforts

The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Simon Madjie, met with the Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu Adjare, to discuss collaborative strategies for enhancing Ghana’s business environment and attracting investment. During a courtesy call on the Minister, Mr. Madjie outlined the Centre’s plans to map investment opportunities […]

Politics

2 w. ago Ghana Federation of Labour calls for reversal of excise duty on fruit juices and sweetened beverages

The Ghana Federation of Labour (GFL) has formally petitioned the Ministry of Trade, Agribusiness & Industry to address the damaging effects of excise duties on the fruit juice and sweetened beverage industry in the country.

Politics

2 w. ago Don’t undermine Ghana’s interest in international trade – Professor Gyampo

The Chief Executive Officer (CEO) of the Ghana Shippers Authority, Professor Ransford Yaw Gyampo, has entreated officers at the border not to undermine the interest of the country in international trade. 

Politics