GCB Bank PLC, Ghana’s largest indigenous bank, on Wednesday, March 25, 2026, posted a record Profit Before Tax (PBT) of GHS3.17 billion for the 2025 financial year. The profit outturn is a 67.4% increase from a year earlier, underpinned by robust deposit growth that fuelled strong loan book expansion, investments and growing fee income. Customer […] The post GCB
The Ministry of Finance has held its first investor town hall engagement since 2021, bringing together investors, bankers and bond market Specialists, as government steps up efforts to rebuild confidence in Ghana’s economy and debt market. In his welcome remarks, Chief Director, Patrick Nomo, described the engagement as an important milestone, expressing optimism that Ghana […] The post Finance
By Juliet Aguiar DUGBARTEY The Local Companies in Mining Services (LOCOMS), representing indigenous contractors and service providers within the Bogoso-Prestea mining enclave in the Western Region, has thrown its weight behind Heath Goldfields Limited (HGL), urging stakeholders to support the company’s ongoing efforts to revive the mine. This follows recent calls by some groups for […] The post LOCOMS
Standard Chartered has orchestrated a refined and inspiring event, welcoming a select group of affluent female clients to a sophisticated floral atelier session. This special occasion was thoughtfully designed to commemorate the celebration of women’s month and to blend creativity with valuable financial insights, fostering both personal and financial growth among attendees. The highlight of […] The post Orchids
In Africa, sports have been one of the continent’s most powerful and unifying forces for socio-economic development although it has largely remained underutilized. To address this situation, the Africa Sports Alliance (ASA) has been officially launched. ASA aims to transform sports into a measurable engine for the African’s human capital development. By collaborating with governments, […] The post Africa
Apex Health Insurance Ghana and 100 Black Men of Ghana have launched a partnership to provide tailored healthcare coverage for Diasporans relocating to Ghana. The initiative will also channel proceeds from the scheme into funding structured youth mentorship programmes across the country. The programme, known as the Diaspora Health & Sustainability Bridge Programme, seeks to […] The post Diaspora
By Professor Kwasi DARTEY-BAAH In today’s complex business environment, the strength of an organisation is often a reflection of the strength of its board. While management drives execution, it is the board that sets the tone defining not only direction, but also the standards by which success is measured. Effective boards understand that their role […] The post The boardroom mandate:
MobileMoney LTD has donated GH¢10,000.00 to the Fadama Council of Chiefs in Accra to support the Muslim community as they mark the end of Ramadan and prepare for Eid-ul-Fitr celebrations. The donation was presented during an Iftar gathering at the Fadama Central Mosque, where company officials joined community members to break the fast in a […] The post MobileMoney
By Buertey Francis BORYOR A senior lecturer at Kumasi Technical University has called for a strategic move from importing electric vehicles (EVs) to developing domestic manufacturing, warning that continued reliance on imports could limit economic gains. Speaking at the post-event media engagement of the Deliverable 3 (D3) Paper Validation Workshop in Accra, Dr. Lewis Abedi […] The post Shift
A landmark gathering of lawyers, bankers, entrepreneurs, students and public servants in Accra signals a new determination among Ghana’s professional class to drive the country’s development on their own terms. There was a sense, among those who gathered at Accra’s maiden Dinner with the Professionals last Friday, that something long overdue was finally happening. Drawn […] The post Professionals
In dismissing claims that government’s flagship Big Push infrastructure programme is dominated by widespread sole sourcing, Minister of Roads and Highways Kwame Governs Agbodza told parliament that such assertions are misleading. He presented detailed figures and safeguards to show that procurement under the programme is being conducted lawfully and transparently. The Big Push is designed […] The post Editorial:
By Kizito CUDJOE The future of the country’s mining sector may ultimately be determined less by what lies beneath the ground and more by the strength and clarity of the laws governing it, Dr. Catherine Kuupol Kuutor, Manager of Gold Fields Ghana Limited (Tarkwa Mine), has warned. Amid intensifying global competition for mining capital and […] The post Mining
By Prof. Samuel LARTEY [email protected] www.pefghana.org In the vast architecture of global trade, most flows are invisible, dispersed, and resilient. But one narrow corridor, the Strait of Hormuz, commands disproportionate attention. It carries roughly 20% of the world’s oil supply, about 18–20 million barrels per day, yet its influence stretches far beyond that number. The […] The post The
BY DR RICHMOND AKWASI ATUAHENE The Bank of Ghana (BoG) has undertaken one of the most assertive reserve management strategies in emerging markets—rapidly accumulating gold between 2023 and 2025, followed by a deliberate rebalancing into foreign exchange assets. This approach reflects a broader global shift in central banking, where gold is regaining prominence as a […] The post Bank
As investor preferences evolve and returns become more nuanced, low-density luxury living is emerging as a smarter, more resilient investment strategy. For decades, real estate success in Accra was largely defined by density. The prevailing logic was simple: maximize unit count to maximize returns. Bigger blocks, tighter layouts, higher volume. While this model delivered results […] The post Beyond
By Juliet ETEFE Policy experts, bankers and industry leaders have called for deliberate efforts to translate the country’s macroeconomic stability into real-sector growth, job creation and productivity amid ongoing global shocks. The call came at the Chartered Institute of Bankers Ghana’s (CIB Ghana) Post-MPC Policy Seminar, held under the theme ‘Balancing Stability and Growth: Interest […] The post Stability
By Joshua Worlasi AMLANU The Bank of Ghana has introduced a revised Cyber and Information Security Directive (CISD), extending regulatory coverage beyond banks to include fintechs, microfinance institutions and other financial sector players as it shifts toward a system-wide approach to managing cyber risk. At the Cyber and Information Security Directive (CISD) launch, Governor Dr. […] The post BoG
President John Dramani Mahama has visited the Sikasu facility of Nobi Agriculture in the Afram Plains, commending the project’s founder, Kwame Awuah-Darko, for the scale and ambition of an agricultural development that is emerging as one of Ghana’s most significant private farming ventures. Accompanied by Minister for Agriculture, Eric Opoku, the President toured key sections […] The post Mahama
…as new mining fleet arrives for Bogoso–Prestea revival Heath Goldfields Ltd. has announced plans to inject US$135 million in its first year of operations, with the arrival of a US$35 million state-of-the-art mining fleet marking a major step in the revival of the Bogoso–Prestea Gold Mine. The fleet, comprising Komatsu 785 haul trucks, excavators, dozers […] The post Heath
By Kizito CUDJOE Gold Fields has said preparations to hand over its Damang mine to government are progressing as planned, ahead of a scheduled transfer in April 2026 following the non-renewal of its lease. The South African miner said the transition, backed by a 12-month lease extension granted in April 2025, is intended to ensure […] The post Damang handover on track ahead
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