business news

Ooni urges stricter enforcement of plastic recycling policies
business

Ooni urges stricter enforcement of plastic recycling policies

The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, has called on the Federal Government to strengthen the enforcement of recycling policies to tackle the growing problem of plastic waste in Nigeria. Yusuf described the plant as Africa’s largest food-grade recycled polyethylene terephthalate (rPET) facility, saying it would position Nigeria as a major recycling hub in West Africa.

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Poundland suppliers warn US owner must not maximise its return at their expense
business

Poundland suppliers warn US owner must not maximise its return at their expense

British companies that supply the budget retailer face millions of pounds-worth of losses if it collapses Suppliers facing millions of pounds in losses if Poundland collapses have said the chain’s US owner “should not be permitted” to maximise its return at their expense, as ministers attempt to intervene in the situation. The fate of the retail chain, its 12,000 staff and about 2,000 suppliers remains uncertain after it filed a notice of intention to appoint administrators at the high court last Thursday.

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Kurt Okraku questions taxes on importation of national team equipments, gate proceeds
business

Kurt Okraku questions taxes on importation of national team equipments, gate proceeds

Ghana Football Association (GFA) President Kurt Okraku has asked the governement to consider granting tax exemptions on items imported for the service of the country’s national teams. Speaking before the Parliamentary Select Committee on Youth, Sports and Culture, Okraku said the taxes on equipments imported for national teams have become a burden to the administration.

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business

Reps pass FCT rent regulation bill amid disagreement

Lawmakers divided over proposed ban on compulsory multi-year rent payments By Gift Chapi Odekina, Abuja The House of Representatives has passed for second reading a bill seeking to regulate rental payments and curb exploitative practices by landlords and estate agents in the Federal Capital Territory (FCT), amid disagreements among lawmakers over a proposed ban on compulsory multi-year rent payments. The bill, sponsored by Rep. Paul Sunday Nnamchi, seeks to regulate advance rent payments, arbitrary rent increases and agency fees, as well as establish a unified digital register for housing…

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Trade Minister urges Ghanaian artisans to leverage SIAO 2026 for business growth
business

Trade Minister urges Ghanaian artisans to leverage SIAO 2026 for business growth

She said Ghana’s participation in the exhibition as Guest Country of Honour presents an important opportunity to showcase the country’s creative industry, strengthen trade relations with Burkina Faso and promote intra-African trade. The Minister’s message was delivered by Ghana’s Ambassador to Burkina Faso, Kenneth Akibate, in a keynote address at the Ghana Day Celebration on Tuesday, November 3, 2026, in Ouagadougou.

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Kemi Badenoch says Africans should apologise for slavery. She should read a history book
business

Kemi Badenoch says Africans should apologise for slavery. She should read a history book

Kemi Badenoch says Africans should apologise for slavery. When discussing slavery, we should be “honest about the whole history”, Kemi Badenoch wrote in a recent post on X. Her statement comes after months of mounting pressure on Britain’s monarchy and politicians to formally apologise for its role in the transatlantic slave trade, and offer reparations to affected Caribbean nations.

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UK interest rates increase expected after services sector activity accelerates
business

UK interest rates increase expected after services sector activity accelerates

Purchasing manager’s index at eight-month high, bolstered by spending on AI as firms regain momentum since start of Iran war Business live – latest updates The Bank of England is expected to raise interest rates on Thursday after a closely watched survey showed growth across the UK’s services sector leapt last month to an eight-month high, bolstered by spending on artificial intelligence. S&P Global’s survey of the services sector in October showed businesses regained much of the momentum they lost after the start of the Iran war, but also felt the impact of a renewed spurt of input price infl

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AMA gives traders at unauthorised bus stops 48 hours to vacate
business

AMA gives traders at unauthorised bus stops 48 hours to vacate

The Accra Metropolitan Assembly (AMA) has given traders occupying unauthorised bus stops across the metropolis 48 hours to cease trading and vacate the locations ahead of an enforcement exercise. The Assembly said the Mayor of Accra, Michael Kpakpo Allotey, had already initiated enforcement measures, including the removal of traders occupying unauthorised spaces at the Kwame Nkrumah Interchange, Achimota and parts of the Central Business District.

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CBG urges businesses to leverage Green Finance Taxonomy to access funding
business

CBG urges businesses to leverage Green Finance Taxonomy to access funding

Consolidated Bank Ghana (CBG) is urging businesses to leverage Ghana’s Green Finance Taxonomy to identify sustainable investment opportunities and strengthen their readiness to access green financing. Businesses urged to begin with practical changes Tolu Lacroix of the United Nations Global Compact Network Ghana encouraged businesses to begin their sustainability efforts with manageable changes in their daily operations.

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October 2026 inflation rises to 5.5% indicating third consecutive increase
business

October 2026 inflation rises to 5.5% indicating third consecutive increase

Government Statistician, Dr. Alhassan Iddrisu, says non-food inflation remains a major driver of the increase, accounting for about 76 % of the overall inflation rate, compared with 2.8% for food inflation. On regional inflation, Ashanti recorded the highest rate of 9.7%, followed by Eastern at 7.8%, Ahafo at 6.8% and Central at 6.2%.

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Why Fix the Problem when we can Go on Strike?
business

Why Fix the Problem when we can Go on Strike?

By Evans Mawunyo Tsikata Ghana has finally found a formula to solve all problems: When something offends you, go on strike. Anyone who has used Lapaz, Madina, Kaneshie or Kejetia knows it is a war zone of tables, umbrellas and shouting.

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BMW warns on profits as it counts cost of plan for 8,000 job cuts
business

BMW warns on profits as it counts cost of plan for 8,000 job cuts

German carmaker slashes profit margin to between -0.5% and 0.5% this year in face of competition from China The German carmaker BMW has issued its second profit warning in a year, blaming the costs of a restructuring programme including significant job losses in the face of continuing competition from China. Western automakers have struggled to keep pace with lower-cost domestic rivals in China, which has led to reduced sales there and a rise in exports to Europe.

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HRDx sets sights on transforming customer experience through African talent, AI
business

HRDx sets sights on transforming customer experience through African talent, AI

HRDx, a customer experience company focused on the gaming and online casino industry, is seeking to transform player support through specialised African talent, artificial intelligence (AI) and operational technology. Founded under the leadership of Osayande Omo-Osagie, Chief Executive Officer of HRD Solutions, HRDx provides trained player support, content moderation, escalation management and automated ticketing solutions.

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You built the road, you paid the contractor; now pay to walk on it
business

You built the road, you paid the contractor; now pay to walk on it

Under L.I. 2523, which amends L.I. 2111 (2012), identity verification is now strictly biometric by force of criminal law. Citing land transactions directly, the NIA warned this week that an individual buying or leasing land can no longer visually inspect or photocopy the seller’s Ghana Card.

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