Prime News Ghana

Today's Ghana Business, Banking and Economic news

Ghana inflation rises for third month in June

Ghana’s inflation rate has risen for the third consecutive month, increasing to 5.3% in June from 3.7% in May, according to the latest data released by the Ghana Statistical Service.

Kumasi tomato traders push for revival of local tomato industry

Tomato traders at the Asafo and Roman Hill markets in Kumasi have appealed to the Government to implement urgent measures to revive Ghana’s tomato industry to ensure year-round local production, stabilise prices and reduce dependence on imports.

Mahama breaks ground for Sentuo Oil Refinery Phase 2

President John Dramani Mahama officially broke ground on Thursday for the Phase 2 expansion of the Sentuo Oil Refinery in Tema, underscoring Ghana’s transition from a raw commodity exporter to a value-added industrial economy.

Gov’t to buy 30% of large-scale gold output from July 1

The Government of Ghana through the Ghana Gold Board, working under the joint-direction of the Minister of Finance and Minister for Lands and Natural Resources, has reached a landmark agreement with the Ghana Chamber of Mines to buy 30% of the gold output of all large-scale mining companies in Ghana, effective 1st July, 2026.

BoG imposes three-year cheque ban on repeat dud cheque offenders

The Bank of Ghana (BoG) has announced stringent new sanctions against customers who issue dud cheques, introducing escalating penalties that include a three-year ban on cheque issuance and restrictions on access to new credit facilities for repeat offenders.

Ghana’s non-traditional exports exceed $5bn mark

Ghana’s non-traditional exports have exceeded the US$5 billion mark for the first time, recording about 30 per cent growth over the previous year, the Ghana Export Promotion Authority (GEPA) has announced.