2 h. ago How MIIF’s Gold Trade Program Became a Blueprint for Ghana’s Mining Investment Growth

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/how-miifs-gold-trade-program-became-a-blueprint-for-ghanas-mining-investment-growth/The Minerals Income Investment Fund (MIIF) Ghana has emerged as one of the country’s most profitable and impactful state-owned enterprises in recent years, demonstrating how strategic commodity trading can drive national economic growth. Under the leadership of Edward Nana Yaw Koranteng, MIIF recorded over 100% profit growth in 2023, expanded its assets under management (AUM) […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/how-miifs-gold-trade-program-became-a-blueprint-for-ghanas-mining-investment-growth/

Politics

2 h. ago HORDS PLC Deepens Losses Amid Cost Surge Despite Revenue Jump

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-deepens-losses-amid-cost-surge-despite-revenue-jump/Ghanaian manufacturing firm HORDS PLC reported a widened net loss of GH¢657,053 for the first quarter of 2025, deepening last year’s GH¢571,777 deficit despite a fivefold revenue surge. The unaudited results show sales climbing to GH¢1.36 million from GH¢249,713 in early 2024, but crippling production costs of GH¢1.81 million erased gains, triggering a GH¢457,722 gross […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-deepens-losses-amid-cost-surge-despite-revenue-jump/

Politics

3 h. ago ‘Thank You for Tamale Central withdrawal, but expect defeat in Akwatia’ – NDC to NPP

National Chairman of the governing National Democratic Congress (NDC), Johnson Asiedu Nketiah, has commended the New Patriotic Party (NPP) for its decision not to contest the upcoming Tamale Central by-election, calling it a responsible and peace-promoting gesture.

Politics

3 h. ago MIIF Ghana’s Gold Trade Program: A Case Study in Mining Investment Growth

The Minerals Income Investment Fund (MIIF) Ghana has emerged as one of the country’s most profitable and impactful state-owned enterprises in recent years, demonstrating how strategic commodity trading can drive national economic growth.

Politics

7 h. ago Ghana Cracks Down on Illegal Fuel Operations Amid Safety Fears

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cracks-down-on-illegal-fuel-operations-amid-safety-fears/Ghana’s National Petroleum Authority (NPA) has declared war on illicit fuel storage and sales, warning unlicensed operators face immediate shutdowns. In a public notice issued August 12, the regulator revealed a surge in illegal petroleum activities—from covert storage depots to unauthorized retail points—threatening public safety and market stability. “These operations bypass safety protocols, risking explosions […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cracks-down-on-illegal-fuel-operations-amid-safety-fears/

Events

8 h. ago Ghana Pushes Gold Refining Expansion to Capture Export Value

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-gold-refining-expansion-to-capture-export-value/At London’s GHIB CONVERGE conference, Bank of Ghana First Deputy Governor Dr. Zakari Mumuni championed plans to transform the nation’s gold sector. “Establishing refineries in Ghana presents a very good prospect,” he told banking and trade leaders, arguing that domestic processing would create jobs, improve trade balances, and retain more value from Africa’s top gold […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-gold-refining-expansion-to-capture-export-value/

Politics

9 h. ago Ghana Cocoa Farmers See Little Gain from Price Surge, IMANI Reveals

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-see-little-gain-from-price-surge-imani-reveals/Record cocoa prices won’t automatically rescue Ghana’s struggling farmers, policy think tank IMANI Africa warns. Despite the government hiking producer prices, most smallholders still earn as little as GHC 5.90 daily per hectare barely enough to cover costs. The problem isn’t prices but productivity, IMANI stresses. With 70% of farmers tending plots under two hectares, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-see-little-gain-from-price-surge-imani-reveals/

Politics

11 h. ago Summon Finance Minister, Governor over contradictory Gold for Oil reports

The Institute for Economic Research, Policy, and Practice (IERPP) has called on Parliament to haul the Minister of Finance and the Governor of the Bank of Ghana to Parliament to explain conflicting official statements they have given over the Gold for Oil programme.

Politics

16 h. ago US deficit grows to $291bn in July despite tariff revenue surge

 The U.S. government's budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President Donald Trump's tariffs, with outlays growing faster than receipts, the Treasury Department said on Tuesday.

Politics

20 h. ago Former Ghana MP Alleges Party Sabotage Over Presidential Ambition

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/former-ghana-mp-alleges-party-sabotage-over-presidential-ambition/Defeated lawmaker George Mireku Duker has accused senior New Patriotic Party (NPP) figures of systematically undermining his parliamentary campaign due to fears about his presidential prospects. The former Tarkwa-Nsuaem MP and ex-Deputy Lands Minister claims party elites viewed his Western Region powerbase and local gold resources as a direct threat. “They realized if I wasn’t […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/former-ghana-mp-alleges-party-sabotage-over-presidential-ambition/

Politics

25 h. ago Ghana Equities Stall After Record July Surge as Access Bank Approves Dividend

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-equities-stall-after-record-july-surge-as-access-bank-approves-dividend/Ghana’s stock market held flat on Tuesday, August 12, with the GSE Composite Index unchanged at 7,411.94 points a pause following July’s explosive 11.9% rally. Trading volume reached 8.7 million shares (GH¢34.6 million), dominated by MTN Ghana (85% of value) at a steady GH¢3.95. Only eight equities saw activity, including static prices for Standard Chartered […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-equities-stall-after-record-july-surge-as-access-bank-approves-dividend/

Politics

26 h. ago Ghana Pension Assets Cross GH¢86 Billion on Enforcement Push

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pension-assets-cross-gh%c2%a286-billion-on-enforcement-push/Ghana’s pension industry shattered records in 2024, reaching a total of GH¢86.23 billion in assets under management. This marks a substantial 39.5% increase from the GH¢61.8 billion recorded just a year earlier, as detailed in the latest Financial Sector Report. The surge stems from multiple factors working in concert. Authorities intensified enforcement against employers dodging […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pension-assets-cross-gh%c2%a286-billion-on-enforcement-push/

Economics

29 h. ago Sam George alleges covert moves by MultiChoice Ghana to evade a 30% DSTv price cut

Minister of Communications, Digital Technology and Innovations, Samuel George, has revealed that MultiChoice Ghana, the operators of DStv, is involved in intense behind-the-scenes lobbying to pressure him into reversing his directive for a significant price reduction.

Politics

30 h. ago Sustainability of Ghana’s macroeconomic recovery hinges on elevated gold prices – Fitch Solutions

In its analysis of the Ghanaian economy, it said a substantial decline in gold prices would drive a sharp rebound in inflation. This will prompt the Bank of Ghana to maintain a tighter policy stance than currently anticipated.

Economics

30 h. ago New HIV Prevention Shot Priced at US$28k Sparks Access Concerns

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/new-hiv-prevention-shot-priced-at-us28k-sparks-access-concerns/Gilead Sciences has secured US approval for Yeztugo, a groundbreaking twice-yearly injection to prevent HIV, but its $28,000 annual price is raising alarms. The drug, lenacapavir, offers a vital alternative for people who struggle with daily pills. In globally diverse trials involving thousands, Yeztugo proved over 99.9% effective at preventing HIV infection. It’s approved for […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/new-hiv-prevention-shot-priced-at-us28k-sparks-access-concerns/

Economics

34 h. ago Gold Retreats as Geopolitical Fears Ease, Trade Truce Extends

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-retreats-as-geopolitical-fears-ease-trade-truce-extends/Gold prices fell sharply yesterday, dipping below $3,400 per ounce as fading global risks weakened safe-haven demand. The decline follows a sustained rally driven by months of geopolitical tension and trade uncertainty. In a key development, the U.S. and China agreed to extend their tariff pause for 90 additional hours, averting a deadline escalation. Former […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-retreats-as-geopolitical-fears-ease-trade-truce-extends/

Politics

36 h. ago Ghana’s Cedi Surge Masks Underlying Economic Fault Lines, Analysts Warn

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-cedi-surge-masks-underlying-economic-fault-lines-analysts-warn/Ghana’s currency has staged a remarkable comeback this year, strengthening by over 42% against the US dollar in the first half of 2025. This marks the strongest performance of any major currency in sub-Saharan Africa, bringing a welcome sense of stability after prolonged turbulence. Financial analysts at Emerging Markets Advisory point to a confluence of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-cedi-surge-masks-underlying-economic-fault-lines-analysts-warn/

Events

37 h. ago Digital Cedi Backed By Gold, Cocoa Proposed to Boost Stability

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/Ghana could anchor a future digital currency to its gold and cocoa reserves, creating a more stable foundation for monetary policy and reducing reliance on foreign financial systems, according to Professor Yegandi Imhotep Paul Alagidede, the Bank of Ghana Chair in Finance and Economics at the University of Ghana. Speaking at the launch of his […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/

Politics

37 h. ago Ghana Turns to Gold in Bid to Stabilise Economy, Central Bank Says

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/The Bank of Ghana is leveraging its domestic gold resources as a cornerstone strategy to rebuild foreign reserves, stabilise the cedi, and restore investor confidence following the nation’s exclusion from international capital markets during its recent debt crisis. First Deputy Governor Dr. Zakari Mumuni outlined the central bank’s approach, calling it critical for hedging sovereign […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/

Politics

43 h. ago African Development Bank to finance $500m of Ethiopia’s new airport

The African Development Bank will contribute $500 million towards the financing of a new airport in Ethiopia - which is expected to be Africa's largest when completed in 2029 - it said on Monday.

Economics