Prime News Ghana

Today's Ghana Business, Banking and Economic news

Banks ‘write off’ GH¢893m in half-year 2025

Ghana’s banking sector wrote off GH¢ 893 million in the first half of 2025, representing a 14.8% decline compared with the same period last year, according to the Bank of Ghana’s July 2025 Domestic Money Banks Income Statement.

Elon Musk becomes world's first half-trillionaire

Tesla boss Elon Musk has become the first person ever to achieve a net worth of more than $500bn (£370.9bn), as the value of the electric car company and his other businesses have risen this year.

Energy Minister inaugurates new GNPC Foundation board

The Minister for Energy and Green Transition, John Abdulai Jinapor, has inaugurated the newly constituted Board of the GNPC Foundation, tasking members to uphold transparency, inclusivity, and excellence as they steer the Foundation’s mandate.

No tariff hikes without revenue recovery – Energy Committee warns

The Chairman of Parliament’s Select Committee on Energy, Emmanuel Kwasi Bedzrah, has said the House will not approve any electricity tariff increases until power sector agencies demonstrate significant improvements in revenue collection and operational efficiency.