Business News of Thursday, 28 May 2026 Source: www.ghanaweb.com Dr Cassiel Ato Forson is the Minister of Finance for Ghana Finance Minister Dr Cassiel Ato Forson has announced what he described as a “new chapter” in Ghana’s relationship with the International Monetary Fund (IMF), declaring that the country has made substantial progress in restoring macroeconomic stability and debt sustainability ahead of schedule. Delivering ...
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‘Deliberate attempt to injure TOBINCO’ – Court blasts Dr Opuni in FDA ruling
Business News of Thursday, 28 May 2026 Source: www.ghanaweb.com Dr Stephen Opuni is a former CEO of the FDA The Court of Appeal in Accra has upheld a High Court judgement which ordered the Food and Drugs Authority (FDA) to pay over GH¢30 million in damages to Tobinco Pharmaceuticals for the unlawful confiscation and destruction of the company’s products. It held ...
Read More »Reserves up, cedi down
Business News of Thursday, 28 May 2026 Disclaimer Source: thebftonline.com Foreign exchange (FX) reserves climbed to their highest level in more than a year in May, but the gains have yet to halt pressure on the cedi as rising corporate dollar demand, seasonal dividend repatriation and elevated oil prices continue to weigh on the currency. Recent data from the Bank of ...
Read More »Ghana’s oil output drops to 37 million from 71 million barrels since 2019 – PIAC
Business News of Wednesday, 27 May 2026 Disclaimer Source: GNA File photo of an oil rig The Public Interest and Accountability Committee (PIAC) has disclosed that Ghana’s crude oil production declined for the sixth consecutive year in 2025, falling from a peak of 71.44 million barrels in 2019 to 37.3 million barrels. Madam Freda S. Frimpong, a member of PIAC, made ...
Read More »Bright Simons wrong on Damang gold sales claims – Dr Manteaw
Business News of Monday, 25 May 2026 Source: www.ghanaweb.com Dr Steve Manteaw, Co-Chair of the Ghana Extractive Industries Transparency Initiative (GHEITI) A policy analyst and Co-Chair of the Ghana Extractive Industries Transparency Initiative (GHEITI), Dr Steve Manteaw, has challenged claims by policy analyst Bright Simons regarding the legality of operations and gold sales at the Damang Mine. Dr Manteaw argued that ...
Read More »World Bank urges government to open US$10.15 million Weija Pediatric Hospital
General News of Monday, 25 May 2026 Disclaimer Source: thebftonline.com Weija Pediatric Hospital The World Bank is pressing the government to urgently operationalise the 120-bed Weija Pediatric Hospital, warning that several critical activities remained incomplete even after the closure of the COVID-19 Emergency Preparedness and Response Project that financed the facility. The hospital was constructed and equipped under the World Bank-supported ...
Read More »‘President Mahama did not sit in Cabinet meeting on Damang lease’ – Kwakye Ofosu
Business News of Sunday, 24 May 2026 Source: www.ghanaweb.com Felix Kwakye Ofosu is the Minister of State in charge of Government Communications The member of parliament for Abura Asebu- Kwamankese, Felix Kwakye Ofosu has rejected claims that President John Dramani Mahama influenced the award of the Damang Mine lease to Engineers & Planners (E&P), insisting that the President rather stayed away ...
Read More »President Mahama dragged to CHRAJ over Damang Mine
General News of Monday, 25 May 2026 Source: www.ghanaweb.com President John Dramani Mahama with his brother Ibrahim Mahama The Commission on Human Rights and Administrative Justice (CHRAJ) has reportedly been petitioned to investigate President John Dramani Mahama over the takeover of the Damang mine by his brother, business mogul Ibrahim Mahama, by a private citizen, Emmanuel Senyo Amekplenu. According to a report by thelawplatform.com, ...
Read More »Ghana scraps visa-on-arrival system as new e-visa portal goes live
Business News of Monday, 25 May 2026 Source: www.ghanaweb.com President Mahama also confirmed the abolition of the visa-on-arrival arrangement President John Dramani Mahama has officially launched Ghana’s first-ever electronic visa (e-Visa) service portal, marking a significant shift in the country’s immigration and travel processing system. Speaking at the launch on Monday, May 25, 2026, John Dramani Mahama said the initiative is aimed at modernising ...
Read More »Amin Adam petitions IMF over BoG’s 2025 accounts, flags fiscal risks
Business News of Tuesday, 5 May 2026 Source: www.ghanaweb.com Former Finance Minister and Ranking Member on Parliament’s Finance Committee, Dr Mohammed Amin Adam Former Finance Minister and Ranking Member on Parliament’s Finance Committee, Dr Mohammed Amin Adam, has petitioned the International Monetary Fund (IMF) over concerns arising from the Bank of Ghana’s audited 2025 financial statements, warning of what he ...
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