23 h. ago Gold Soars to Record High Above US$3,575 as Investors Seek Safety

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-soars-to-record-high-above-us3575-as-investors-seek-safety/Gold surged to an unprecedented high above $3,575 per ounce on Wednesday as global investors accelerated their flight to safety amid mounting economic uncertainty and expectations of imminent US interest rate cuts. The precious metal has gained more than 30% this year, with spot gold prices rising almost 35% since the beginning of 2025, driven […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-soars-to-record-high-above-us3575-as-investors-seek-safety/

Economics

49 h. ago HORDS PLC Revenue Surges 953 Percent Despite Continued Losses

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-revenue-surges-953-percent-despite-continued-losses/HORDS PLC has reported a dramatic 953 percent revenue increase to GH¢2.63 million in the first half of 2025, though the company continues to face operational challenges with rising costs outpacing income growth. The publicly listed company’s unaudited financial statements for the six months ended June 30, 2025, show revenue climbing from GH¢249,713 in the […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-revenue-surges-953-percent-despite-continued-losses/

Politics

51 h. ago Record Gold Surge Offers Ghana Revenue Boost Amid Illegal Mining Fears

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/record-gold-surge-offers-ghana-revenue-boost-amid-illegal-mining-fears/Gold prices soared past $3,500 per ounce Tuesday, presenting Ghana with a significant revenue opportunity while raising concerns that the precious metal’s record values could intensify illegal mining activities across the West African nation. The surge, driven by global economic uncertainty and expectations of Federal Reserve rate cuts, positions Ghana favorably as one of the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/record-gold-surge-offers-ghana-revenue-boost-amid-illegal-mining-fears/

Events

63 h. ago Ghana’s Vehicle Authority Sets Ambitious Revenue Growth Target

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-vehicle-authority-sets-ambitious-revenue-growth-target/Ghana’s Driver and Vehicle Licensing Authority (DVLA) has been directed to achieve a 60 percent revenue increase by mid-2026, with targets rising from a projected 649 million cedis this year to at least 1.038 billion cedis. Board Chairman George Spencer Quaye announced the ambitious target during the conclusion of DVLA’s 2025 Mid-Year Review Conference in […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-vehicle-authority-sets-ambitious-revenue-growth-target/

Events

3 d. ago Gold soars past US$3,500 as investors chase safety amid economic uncertainty

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-soars-past-us3500-as-investors-chase-safety-amid-economic-uncertainty/Gold prices broke through $3,500 per ounce on Tuesday, reaching record territory as investors positioned for potential Federal Reserve rate cuts and sought protection against mounting economic and geopolitical risks. December 2025 futures on COMEX climbed to $3,554.40 per troy ounce, gaining 1.09% from Monday’s close. Trading volume surged past 176,000 contracts with open interest […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-soars-past-us3500-as-investors-chase-safety-amid-economic-uncertainty/

Economics

4 d. ago Ghana’s State Enterprises Record Strong Revenue Growth Amid Deepening Losses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-state-enterprises-record-strong-revenue-growth-amid-deepening-losses/Ghana’s state-owned enterprises delivered robust revenue growth in 2024 but recorded significantly wider net losses, highlighting persistent efficiency challenges despite operational improvements across key sectors. The State Interests and Governance Authority released its 2024 State Ownership Report showing state enterprise revenues jumped 28.3% to GH¢133.68 billion. Energy and financial services sectors drove much of this […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-state-enterprises-record-strong-revenue-growth-amid-deepening-losses/

Politics

4 d. ago Bank of Ghana Channels Cocoa Revenues Directly to Commercial Banks

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-channels-cocoa-revenues-directly-to-commercial-banks/The Bank of Ghana has begun directing cocoa export revenues straight to commercial banks rather than its own reserves, a move economists say will boost market liquidity ahead of the high-demand Christmas period. The policy shift addresses chronic liquidity challenges that have plagued Ghana’s banking sector. Previously, cocoa dollars flowed directly into central bank reserves, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-channels-cocoa-revenues-directly-to-commercial-banks/

Politics

5 d. ago SOEs record revenue growth but mounting losses threaten fiscal stability

Ghana’s State-Owned Enterprises (SOEs) achieved strong revenue growth in 2024 but continue to weigh heavily on public finances due to ballooning losses and unsustainable debt levels.

Events

7 d. ago Gold maintains strength near record levels amid rate cut speculation

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/gold-maintains-strength-near-record-levels-amid-rate-cut-speculation/Gold prices held firm near recent highs on Friday as investors positioned for potential US interest rate cuts. The precious metal traded around $3,410 per ounce, approaching record territory set earlier this year. Spot gold moved within a narrow range between $3,404.47 and $3,418.01 during Friday trading, settling near $3,414.78. The metal has posted its […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/gold-maintains-strength-near-record-levels-amid-rate-cut-speculation/

Politics

7 d. ago Ghana Revenue Authority to Deploy Digital Technology for Cryptocurrency Tax Compliance

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-revenue-authority-to-deploy-digital-technology-for-cryptocurrency-tax-compliance/Ghana’s tax collector is preparing to launch new technology that will track cryptocurrency transactions and bring digital asset traders into the formal tax system for the first time. Commissioner-General Anthony Kwasi Sarpong announced the initiative during an interview on JoyNews’ PM Express Business Edition on Thursday, explaining that existing tax laws already cover profits and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-revenue-authority-to-deploy-digital-technology-for-cryptocurrency-tax-compliance/

Technology

8 d. ago HORDS PLC Revenue Surges Tenfold Despite Widening Cash Flow Pressures

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-revenue-surges-tenfold-despite-widening-cash-flow-pressures/Ghana-listed HORDS PLC recorded a dramatic revenue increase to GH¢2.63 million in the first half of 2025, up from just GH¢249,713 in the same period last year. The company’s aggressive expansion strategy has driven sales growth but created significant liquidity challenges. The Accra-based firm narrowed its net loss to GH¢66,233 from GH¢571,777 a year earlier, […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-revenue-surges-tenfold-despite-widening-cash-flow-pressures/

Events

8 d. ago Perishable goods subject to auction after 21 days, not 60 — GRA

The Ghana Revenue Authority (GRA) has rejected allegations by the Importers and Exporters Association of Ghana (IEAG) that Customs officials breached due process in the auctioning of perishable goods at the ports.

Politics

8 d. ago GRA Responds to Alleged Wrongdoing in the Auction of Perishable Goods

News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/gra-responds-to-alleged-wrongdoing-in-the-auction-of-perishable-goods/The Ghana Revenue Authority’s attention has been drawn to news reports on a press release issued by the Importers and Exporters Association of Ghana (IEAG) alleging non-adherence to Customs procedures in the auction of perishable goods at the Ports. The Authority wishes to clarify the issues as follows: 1. The Customs Act, 2015 (Act 891) […] News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/gra-responds-to-alleged-wrongdoing-in-the-auction-of-perishable-goods/

Politics

8 d. ago GRA refutes claims of irregularities in perishable goods auctions

The Ghana Revenue Authority (GRA) has rejected claims by the Importers and Exporters Association of Ghana (IEAG) that Customs officials failed to follow due process in the auction of perishable goods at the ports. The clarification follows a press release by the IEAG, in which it accused Customs of irregular auction practices that it claimed […]

Politics

8 d. ago Ghana’s oil revenue rises despite continuous production decline

Ghana’s petroleum revenue rose significantly in 2024, reaching its second-highest annual level despite a continued decline in crude oil production, according to the Public Interest and Accountability Committee (PIAC).

Politics

1 week ago Ghana’s Oil Revenue Transparency Under Fire as Budget Details Vanish

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-oil-revenue-transparency-under-fire-as-budget-details-vanish/Civil society groups are raising red flags over Ghana’s oil revenue management after recent changes stripped crucial financial details from government budget statements. The shift has left watchdog organisations struggling to track how petroleum revenues are being spent. Where previous budgets clearly outlined spending from the Annual Budget Funding Amount, the current approach simply lists […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-oil-revenue-transparency-under-fire-as-budget-details-vanish/

Events

1 week ago Stolen cars: Dealers urge CEPS to prioritise checks over revenue

The Executive Secretary of the Vehicle and Assets Dealers Union of Ghana, Frank Atanley Kofigah, has urged the Customs Division of the Ghana Revenue Authority (GRA) to prioritise proper checks on imported vehicles rather than focusing solely on revenue generation.

Politics

1 week ago GH¢47m in unpaid taxes: GRA takes steps to recover debt from state institutions  

The Ghana Revenue Authority (GRA) has disclosed that nine institutions owe the state a total of GH¢47 million in unpaid taxes as of 2023, with the Graphic Communications Group Limited among the institutions. 

Economics

1 week ago Showbiz Roundtable 7: Joy FM to host GRA and creatives over tax concerns 

Joy FM will on Saturday, 6th September 2025, bring together the Ghana Revenue Authority and stakeholders in the creative industry for a dialogue on taxes.

Politics

1 week ago African Leaders Explore Health Taxes as Solution to Funding Crisis

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/african-leaders-explore-health-taxes-as-solution-to-funding-crisis/Public health experts and African policymakers are examining targeted excise taxes on harmful products as a potential solution to mounting healthcare funding challenges across the continent. A recent virtual briefing organized by Vital Strategies highlighted research showing that health taxes on tobacco, alcohol, and sugary beverages could generate substantial domestic revenue while reducing consumption of […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/african-leaders-explore-health-taxes-as-solution-to-funding-crisis/

Politics