IEA Opposes Proposed Changes to Mining Royalties
The Institute of Economic Affairs (IEA) has rejected the government’s proposed sliding-scale mineral royalty framework, describing it as a continuation […]
Ghana
GUTA Urges Bank of Ghana to Fast-Track Single-Digit Interest Rates
GUTA has urged the Bank of Ghana to fast-track measures to bring commercial lending rates to single digits, following the recent policy rate cut to 15.5 percent. The move, the association says, would lower borrowing costs, expand credit access for traders and SMEs, and support business growth amid improving economic conditions.
Crude Oil Revenues Fall to $198m in Second Half of 2025
Ghana’s crude oil receipts fell to about $198 million in the second half of 2025, reflecting fewer liftings and lower global oil prices, according to data from the Bank of Ghana.
Analyst Urges Disclosure of Loan Defaulters to Strengthen NPL Recovery Efforts
Financial analyst Nelson Cudjoe Kuagbedzi has called on banks to publicly disclose the names of loan defaulters, arguing that the measure would strengthen recovery efforts and improve discipline in the banking sector. While noting a decline in non-performing loans, he warned that repayment culture remains weak and urged regulators to support stronger deterrence mechanisms to protect financial stability.
FDA Cautions Against Purchasing Foods from Vendors Near Open Gutters
The FDA has urged the public to stop buying food sold in unhygienic locations, warning that the practice puts public health at risk. Deputy CEO Roderick Daddey-Adjei said consumers have a key role in driving change, as vendors will be forced to improve hygiene if people refuse to buy unsafe food.
Nigeria Strengthens Defence Ties with the US and Türkiye
Nigeria’s Defence Minister, General Christopher Musa (retd.), says the country’s growing security ties with Türkiye will not weaken its long-standing defence relationship with the United States, stressing that Nigeria’s non-aligned approach allows it to partner with multiple global powers to address its security challenges.
Zodiac Gold to Invest $6.1 Million in Exploration of Liberia’s Todi Gold Project
Canadian gold exploration firm Zodiac Gold Inc. has kicked off its 2026 exploration activities at the Todi Gold Project in Liberia, committing $6.1 million to drilling and trenching at the Ben Ben target.
Mahama Secures Fifth Spot on Devex’s List of 50 Most Influential Global Figures
Ghana’s President John Mahama has been ranked fifth on DEVEX’s Power 50 list of the world’s most influential figures in global development, recognized for his leadership on the Accra Reset initiative, which aims to redefine Africa’s relationship with the global North.
Ghana’s Foreign Affairs Ministry Rejects Claims of Asking for Payment from Family of Student Who Died in Latvia
The Ministry of Foreign Affairs and Regional Integration has dismissed claims that it requested or received money from the family of Nana Agyei Ahiya, the 18-year-old Ghanaian student who died under disputed circumstances in Latvia.
President Mahama Urges United Efforts to Strengthen Regional Security
President Mahama has urged West African nations to work together to tackle security, economic, and social challenges, stressing that regional cooperation is essential to counter terrorism and promote stability.