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Gov’t halts offshore gold exploration

Gov’t halts offshore gold exploration

Government has ordered the immediate suspension of offshore gold exploration activities by Goldcoast GRC Ghana Limited, months after granting the company reconnaissance licences to search for minerals in Ghana’s territorial waters.

Business & Financial Times·
COCOBOD raises farmer price as GH¢16.3bn cocoa financing takes shape

COCOBOD raises farmer price as GH¢16.3bn cocoa financing takes shape

COCOBOD courts global traders as GH¢16.3bn cocoa financing takes shape Ghana Cocoa Board (COCOBOD) has set the producer price for the 2026/27 cocoa season at GH¢42,400 per tonne, while preparing a GH¢16.3billion domestic financing programme to fund purchases from farmers and reduce its reliance on foreign-currency borrowing.

Business & Financial Times·
BoG holds rate as fiscal deficit narrows, reserves reach US$12bn    

BoG holds rate as fiscal deficit narrows, reserves reach US$12bn    

The Bank of Ghana has kept its benchmark policy rate unchanged at 14 percent as improved fiscal performance, stronger external buffers and resilient domestic activity offset renewed inflation risks from higher oil prices and global supply disruptions.

Business & Financial Times·
Inflation, reserves and oil prices complicate BoG rate decision  

Inflation, reserves and oil prices complicate BoG rate decision  

 The Bank of Ghana’s Monetary Policy Committee is weighing whether to maintain its 14 percent policy rate as rising inflation, pressure on international reserves and a sharp increase in global oil prices complicate the outlook for monetary policy.

Business & Financial Times·
Before AI becomes Intelligence, it becomes Infrastructure.

Before AI becomes Intelligence, it becomes Infrastructure.

AI may look like software, but its foundations are physical, such as land, electricity, fibre, cooling, capital and skills. For Ghana, the real opportunity may lie in learning to supply what the AI economy cannot function without.

Dr. Maxwell Ampong·

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