By Juliet ETEFE (Juliet.etefe@thebftonline.com) The economy has expanded by 5.3 percent in first quarter-2025, up from 4.9 percent recorded in the same period of 2024 according to provisional figures released by the Ghana Statistical Service (GSS). “Real GDP for 2025 Q1 was GH¢53.5bn, up from GH¢50.8bn recorded in 2024 Q1.The 2025 Q1 real GDP […] The post Economy grows by 5.3% in Q1 2025
By Buertey Francis BORYOR President John Dramani Mahama has announced that the long-awaited 24-hour economy initiative will officially commence on July 1, with Tema and Takoradi Ports set to operate 24 hours a day as part of a sweeping national plan to transform the country’s horticultural export capacity and unlock full agro-industrial productivity. The president […] The post Mahama
By Juliet ETEFE (Juliet.etefe@thebftonline.com) Despite accruing commendable oil revenues since 2011, the country’s oil wealth has not significantly improved the socio-economic conditions of its citizens, a new study by the University of Ghana (UG) has revealed. The study covered from 2011 to 2023 and was conducted between 2022 and 2023 by the University of Ghana […] The post Oil
In response to the appreciation of the Ghana cedi and current economic indicators, Republic Bank (Ghana) has announced the rollout of its Low Cedi Mortgage Interest Rate Campaign, offering an unmatched opportunity for Ghanaians to secure affordable mortgage financing. This strategic campaign, running from now until August 2025, is tailored to empower individuals and families […] The post Republic
Business communities across Africa have been urged to take advantage of the opportunities in Ghana and AfCFTA’s transformative potential. The call was made by Samuel Okudzeto Ablakwa, Minister of Foreign Affairs and Regional Integration in a keynote address read on his behalf by Mrs. Nana Kraah Ansah Adjei, Director, Economic, Trade and Investment Bureau of […] The post 19th Ghana-Africa Business
“If you want people to understand you, speak their language.” – African proverb How is life synthesized, but on the tongues of human beings. Life found its meaning when it found language. That is how important language is to our everyday lives. It is the words that give meaning to life, because life itself was […] The post The Attitude Lounge with Kodwo Brumpon: You’re
The Agricultural Development Bank (ADB) PLC has met with strategic partners to discuss a groundbreaking agric-insurance solution aimed at safeguarding Ghanaian farmers against the growing threats of climate change. The delegation was made up of H.E. Jean Claude Galea Mallia, High Commissioner of Malta to Ghana; Mr. Jean Paul Fabri, Co-Founder and CEO of MyUbuntu; […] The post ADB
By Sandra Agyeiwaa OTOO The Chief Executive Officer (CEO) of Glitz Africa, Claudia Kwarteng-Lumor, has urged Ghana’s business leaders and investors to take real action in funding women-led enterprises, stressing that investing in women is not charity but smart business. “Investing in women businesses is not charity, it is a good business and that is […] The post Investing
By Peter Justice GARIBA To build a truly modern and sustainable Ghana, we must radically transform our approach to waste management and civic responsibility. It is time to decentralize waste collection and move beyond the outdated, monopolized systems that have failed to meet the needs of our communities. The era of relying solely on centralised contractors like […] The post A new vision for
Ghana has entered into a strategic partnership with Czech-based SEDA Africa Group to strengthen groundwater exploration and expand climate-resilient water infrastructure across underserved regions. The Ministry for Works, Housing and Water Resources signed a technical cooperation Memorandum of Understanding (MoU) with SEDA Africa Group, to kickstart a multi-pronged programme targeting water scarcity, particularly in rural […] The post Gov’t,
By Robert Ebo Hinson(Prof) In a rapidly evolving global economy defined by digital disruption, heightened consumer expectations, and urgent calls for sustainability, marketing must be understood not merely as a function but as a strategic integrator of multiple organizational and societal imperatives. To capture this broader mandate, marketing can be reconceptualized as a Pentagonal Construct, […] The post Marketing
Telecommunications giant, Telecel Ghana has launched its most rewarding consumer promotion yet, Telecel 2Moorch Money, a nationwide cash giveaway campaign set to reward customers daily, weekly and climax with a staggering grand prize of GH¢1.2 million. The promo, which runs from June until September, will reward over 10,000 customers with daily, weekly, and grand prize […] The post Telecel rolls
By Ernest Bako WUBONTO The Switzerland Government, through the Swiss State Secretariat for Economic Affairs (SECO), has announced a 65 million Swiss franc grant, equivalent to US$77million, for three key interventions, including the improvement of local governance. The support initiative, dubbed the ‘SECO Country Programme, 2025–2028’, aims to improve local governance and performance over the […] The post US$77m
Electroland Ghana, one of the country’s leading consumer electronics dealers, has announced significant price reductions in double folds across its product range in response to the sustained appreciation of the Ghana Cedi against major foreign currencies. The company’s “Cedi Apicki, Apicki” promotion reflects the local currency’s remarkable 24.1 percent performance against the United States (US) […] The post Electroland
By Prince ASUMAH The West African Science Service Centre on Climate Change and Adapted Land Use (WASCAL) has officially launched its ‘International Climate Change Action Now’ (ICCAN) advocacy in Accra, as part of activities marking World Environment Day. Addressing attendees at the launch, Executive Director of WASCAL, Professor Emmanuel W. Ramde, outlined the Centre’s ongoing […] The post WASCAL
…but cautions against some aspects of the measures to restore credit discipline On June 03, 2025, the Central Bank published a statement purporting to be remarks made by Dr. Johnson Pandit Asiama, the governor of the Bank of Ghana, during the latter’s post-MPC meeting with CEOs of Banks. The statement heralded five (5) key regulatory […] The post Yieldera Policy Institute
…603,328 candidates to partake The Basic Education Certificate Examination (BECE) for 2025 starts today, with a total 603,328 candidates expected to take part – representing a 5.99 percent increase from the 2024 figure of 569,236. The Ghana Education Service (GES), announcing this figure ahead of the nationwide exams, said this cohort comprises 297,250 males and […] The post BECE 2025 starts today appeared
By Richard KASU Illicit trade, characterised mainly by smuggling products into the country without paying the required duties, has long been a shadow activity of the economy that drains national revenue, fuels corruption, and undermines legitimate businesses. Ghana, under the leadership of President John Dramani Mahama, has embarked on a renewed fight against this menace, […] The post Ghana’s
FirstBank Ghana has been recognized for its commitment to innovation and excellence in the banking sector, receiving the prestigious Innovative Bank of the Year award at the 8th edition of the Ghana-West Africa Business Excellence Awards. The event, held at the luxurious Kempinski Gold Coast Hotel, celebrated the resilience and achievements of businesses across the […] The post FirstBank
By Peter Martey Agbeko, APR In recent days, I have encountered a worrying wave of misinformation—some of it carelessly repeated, others perhaps deliberately spread—regarding the nature of Dr. Kenneth Ashigbey’s recent appointment as Chief Executive Officer (CEO) of the Ghana Chamber of Mines. As someone who has followed his career trajectory closely, and after sitting […] The post Ken
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