business news

5th Edition of Ghana Corporate Brands Conference and Honours launched

Maven Communications is set to bring together C-suite executives, brand and marketing leaders, communications practitioners, customer experience professionals, academics and policymakers for the fifth edition of the Ghana Corporate Brands Conference and Honours, a platform focused on the future of branding in Ghana’s evolving business environment. Under the theme, “Shaping the Future of Corporate Branding in Ghana: Building Brands with Strategic Intent, Inspiring Excellence, and Earning Lasting Trust”, the event is expected to convene key voices from business, academia and industry to discuss…

NAIMOS targets suppliers of equipment used in illegal mining in Aowin and Enchi

The National Anti-Illegal Mining Operations Secretariat (NAIMOS) has announced plans to target individuals and businesses manufacturing or selling equipment used in illegal mining as part of efforts to curb galamsey in Aowin and Enchi in the Western North Region. Aowin and Enchi are endowed with gold deposits, forest reserves and major water bodies, including the Tano and Bia rivers.

Moonshot 2026: ‘Stablecoins here to optimise financial system, not replace it’

The speakers made the remarks during a panel session titled “The New Payment Backbone: Stablecoins as Core Infrastructure for Global Liquidity” on the Emerging Tech Stage, where industry leaders discussed how stablecoins could reshape payments across Africa and the global financial system. Tayo Oviosu, Group Chief Executive Officer of Paga, said widespread stablecoin adoption would require collaboration among financial technology companies, sufficient liquidity and simpler access for everyday users.

Farmer Globale earns international recognition for climate-smart rice farming

A Ghanaian agribusiness company, Farmer Globale, has earned international recognition at the Africa Sustainable Futures Awards, hosted by the Financial Times in partnership with the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) in the United Kingdom on October 21 and 22, 2026. About Farmer Globale Established in 2017, Farmer Globale is a Ghanaian agribusiness development organisation focused on sustainable agriculture, agricultural technology and inclusive rural development.

Ghana and Poland explore investment opportunities and security cooperation

Ghana and Poland have reaffirmed their commitment to strengthening bilateral relations, with discussions focusing on trade, investment, industrial development, technology, education and security. The commitment was reiterated when Deputy Minister for Foreign Affairs, James Gyakye Quayson, met Poland’s Undersecretary of State for Foreign Affairs, Wojciech Zajaczkowski, at the Ministry of Foreign Affairs in Accra on Thursday, October 29, 2026.

CIBN to honour Alakija, Lagos Deputy Chief of Staff, other leaders at Fellowship Investiture

The 2026 Fellowship Investiture is scheduled to take place on 31 October at Harbour Point, 4 Wilmot Point Road, off Ahmadu Bello Way, Victoria Island, Lagos.

La residents petition Mahama over Laboma, Kajano and Labadi Beach demolitions

Hundreds of protesters from La communities have petitioned President John Dramani Mahama over the demolition of businesses at Laboma, Kajano and Labadi Beach, demanding compensation and government intervention to address the loss of livelihoods. Among those affected was a business owned by former New Patriotic Party (NPP) National Chairman Freddie Blay, who joined the demonstration in solidarity with the affected communities.

Petrol price to drop by 3.51%, while diesel will go up by 1.50% from Nov. 1 – COMAC

Data from JoyBusiness indicates petrol could sell at GH¢17.02 per litre, while diesel could reach GH¢18.99 per litre. Market data obtained by JoyBusiness shows the petrol floor fell from GH¢16.09 to GH¢15.39 per litre.

Only 7.7% of Ghana’s 2.64m businesses operate formally – Government Statistician

Government Statistician Dr Alhassan Iddrisu says only 7.7% of Ghana’s 2.64 million businesses were operating formally in 2024, highlighting persistent challenges in business formalisation and job creation. Publication aims to support evidence-based policymaking Ghana in Numbers 2025 consolidates statistics on population, social development, governance, the environment and the Sustainable Development Goals into a single publication.

Hold your nose: a £1.25bn subsidy for rich Rolls-Royce’s new engine had to happen

The chancellor’s budget giveaway is, unfortunately, a reflection of how life works in the global aerospace business It wasn’t a “nothing” budget for engine-maker Rolls-Royce. The company was handed £1.25bn from public coffers to part-fund the development of a next-generation engine for single-aisle commercial planes.

Nigeria poised to tackle women’s barriers in cross-border trade

Despite this, women still face limited access to trade finance, border security concerns, and gaps in digital and trade literacy, according to Mr Okewole.

Economist delivers 'worst-case scenario' on interest rates as inflation fails to cool

The Reserve Bank has so far been unable to pull inflation down to its target range of between 2 and 3 per cent. The only option left, it seems, is to take a sledgehammer to demand.

Nigerian states record 27% rise in tax revenue – Official

The revenue increase comes as 21 states adopt a harmonised tax framework intended to curb multiple taxation and ease pressure on businesses.

Billing disputes: LASCOPA recovers N26.2m refund for Ikeja Electric customers

528 cases By Olasunkanmi Akoni Lagos State Consumer Protection Agency (LASCOPA) has resolved 528 complaints against Ikeja Electric Distribution Company (IKEDC) and secured credit adjustments and refunds totalling N26,243,758.75 for affected consumers between January and September 2026. The General Manager, LASCOPA Afolabi Solebo, Esq., revealed this on Thursday.

ALTON urges states to scrap telecoms right-of-way fees

Association says charges account for up to 60% of fibre deployment costs By Chidinma Chukwu, Abuja The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has urged state governments to abolish right-of-way charges on telecommunications infrastructure, warning that the fees account for up to 60 per cent of fibre-optic deployment costs in some states and discourage network expansion into underserved communities. Gbenga Adebayo, made the call on Tuesday on the sidelines of a plenary session sponsored by IHS Nigeria at the 2026 Nigerian Economic Summit in Abuja.

Minerals Commission defends termination of Northern Ashanti Mines’ mineral rights over $8.3m debt

The Minerals Commission has defended its decision to terminate the mineral rights of Northern Ashanti Mines Limited, formerly Owere Mines, insisting that the company persistently failed to meet its statutory financial obligations despite several opportunities to settle its debts. Responding to the company’s challenge to the debt figures, the Commission insisted that its records showed Northern Ashanti Mines had paid only US$300,000 in two instalments, contrary to the company’s claim of having paid US$1 million.

Africa records 4.2 million increase in domestic workers since 2019 – ILO

Africa recorded an increase of 4.2 million domestic workers between 2019 and 2025, the largest rise among the world’s regions, according to the International Labour Organization (ILO). The findings are contained in the ILO’s report, The State of Domestic Work in 2025: 15 Years After Convention No. 189, which examines developments in the sector since the adoption of the Domestic Workers Convention in 2011.

Middlemarch review – World’s Greatest Novel hurtles from costume drama to jolting marital tragedy

Swan theatre, Stratford-Upon-Avon This RSC staging of the sprawling middle England masterpiece has humour, compassion – and even George Eliot herself as a character Is there a literary achievement greater than George Eliot’s stonking masterpiece? Andrew Davies had a go at it with his watchable enough 1994 television costume drama, retelling Eliot’s story about provincial life, in six parts.

Invest in Telangana and thrive, CM tells business heads

Eight of England’s nine water companies still failing on environment, report finds

Angela Eagle tells industry ‘people are sick of excuses’ as pollution levels remain high despite billions in investment Angela Eagle, the environment secretary, has summoned water industry bosses to Whitehall after a report found that the environmental performance of the big companies has worsened despite investment. “People are sick of excuses,” Dame Angela said, after the Environment Agency joined the Drinking Water Inspectorate, Natural Resources Wales and Ofwat for a joint report that rated eight of the nine water companies in England as “poor” or “requiring improvement”.

2027: Makinde pledges to revive South-East industries

Makinde pledges to revive South-East industries. …Promises to tackle 25% interest rates, expand long-term financing By Chinedu Adonu ENUGU — The presidential candidate of the Allied Peoples Movement (APM), Seyi Makinde, has pledged to tackle high interest rates and improve access to long-term financing to revive industries, expand businesses and create jobs in the South-East if elected president in 2027.

California weather is ‘well into extreme territory’ with historic high tides

Seawater surges into low-lying communities from San Diego to San Francisco Bay Area, submerging streets, homes and businesses Historic high tides have caused chaos up and down the California coast this week, as parts of the state were inundated by record-breaking water levels. Seawater surged into low-lying communities from San Diego to the San Francisco Bay Area, submerging streets, flooding homes and businesses, and jamming important transportation corridors and train routes.

The ‘breathing space budget’ – breathing space for the government, that is

John Healey aced the morning-after media round because his Martin Lewis measures left nothing to challenge him on Maybe it had been one of the greatest acts of political genius after all. Call it the Martin Lewis budget.

Enugu govt, Humatrix partner to create 100,000 jobs through BPO

The Company’s Director, Dakuku Peterside said the choice of Enugu State for the establishment of a Business Process Outsourcing (BPO) hub was inspired by its investment-friendly climate