GNPC Exploration and Production Limited (Explorco) says its financial position improved in 2025 as it prepares for an onshore drilling campaign in the Voltaian Basin in the fourth quarter of 2026. Those present included Mr Gyan-Mensah, Dr Anafure, Mr Opoku Arthur and GNPC Chief Executive Officer Kwame Ntow Amoah.
Former Greater Accra Regional Minister Titus Glover has poured libation, calling on traditional deities to intervene in the demolition of structures at La Pleasure Beach, which has affected businesses and livelihoods. The demonstration follows calls by the Coalition of La Associations (COLA) to the government and relevant authorities in seven days to respond to demands for compensation for businesses and traders affected by the demolition exercises at Laboma Beach Resort and La Pleasure Beach.
Raymond Archer has been confirmed as the substantive Executive Director of the Economic and Organised Crime Office (EOCO), effective October 27. Before his new role, Mr Archer served as the Executive Secretary of EOCO.
The Minister for Environment, Science and Technology, Dr Zanetor Agyeman-Rawlings, has highlighted the need for responsible mining after visiting Zijin Mining’s operations at New Abirem in the Eastern Region. The minister said officials of Zijin Mining took him through the company’s environmental management practices, including land reclamation, rehabilitation of mined-out areas and tree planting.
Government Statistician, Dr Alhassan Iddrisu, disclosed this at the launch of the ‘Ghana in Numbers 2025’ publication by the Ghana Statistical Service in Accra. According to the Service’s first Integrated Business Establishment Survey (IBES-1), Ghana recorded 2.64 million business establishments in 2024, with 9 in 10 classified as micro businesses.
Former Environmental Protection Authority (EPA) Executive Director Dr Henry Kwabena Kokofu says Empire Cement Ghana Limited was given three months in 2023 to prepare a plan to relocate its factory after regulators raised concerns about its location near the Densu Delta Ramsar Site. Dr Kokofu made the disclosure on the Citi Breakfast Show on Thursday, October 29, amid renewed regulatory action against Empire Cement’s operations near the Densu Delta Ramsar Site.
The Ghana Grid Company Limited (GRIDCo) has completed 70% of the upgrade of the 161kV Anwomaso–Ahodwo transmission line in Kumasi, with planned power interruptions expected in some communities as engineers work to finish the remaining tasks. GRIDCo and the Electricity Company of Ghana (ECG) say the outstanding work involves stringing conductors on transmission towers.
By Gabriel Ewepu ABUJA — Minister of Solid Minerals Development, Dr Dele Alake, has dismissed reports that Nigeria sold $700 billion worth of solid minerals to the United States, insisting that no national asset has been sold or transferred under the bilateral cooperation framework. Alake spoke on Tuesday in Abuja while inaugurating the Nigeria-United States Committee on Strategic Cooperation in the Solid Minerals Sector, describing the reports as false and clarifying that the agreement was designed to attract investment and promote partnerships between American investors and Nigerian…
Owner Gordon Brothers files notice of intent to begin process after rejecting management-backed rescue bid Business live – latest updates The owner of Poundland has said it is preparing to appoint administrators, putting up to 12,000 jobs at risk at the retail chain across the UK and Ireland. Gordon Brothers filed a notice of intention to appoint administrators at the high court on Wednesday night, with the advisory firm Alix Partners lined up to run the process.
Departure of Lagarde, seen as candidate to take over World Economic Forum, comes as eurozone struggles with weak growth and inflation Christine Lagarde, the eurozone’s top central banker, is stepping down nine months early. The European Central Bank announced on Thursday morning that Lagarde would step down as its president on 7 February 2027; her term was scheduled to run until the end of October next year.
European Central Bank (ECB) President Christine Lagarde is to resign nine months ahead of the end of her 8-year term. European Council President Antonio Costa has said the process to find a successor is underway.
Chief financial officer says he hopes budget measure is temporary as sector provides loans that fuel growth Business live – latest updates A senior Lloyds Banking Group executive has criticised the chancellor for linking bank tax increases to energy bill support for UK households, as he warned the government against extending the higher levy beyond March 2028. Lloyds’s chief financial officer, William Chalmers, acknowledged that the economic environment was “challenging” but said the government should not seek to ease pressure on households at the expense of the banking sector as it provides l
The Chief Executive Officer of PETROSOL Platinum Energy PLC, Michael Bozumbil, has called on the Government of Ghana to protect the country’s economic recovery through consistent policies, prudent public spending and deliberate support for indigenous businesses. Delivering the keynote address at the 50th Annual General Meeting (AGM) of the Ghana National Chamber of Commerce and Industry (GNCCI), held on Wednesday, 28 October 2026, at the Ghana Shippers’ House in Ridge, Accra, Mr Bozumbil said improving economic indicators were encouraging, but should be seen as signs of recovery, not proof…
Upa Lokayukta Justice B. Veerappa instructs officials to provide facilities to farmers
The Vice Chairperson of the Gamesu Women Rice Farmers Association and a member of Volta and Oti Women in Agriculture (VOWAN), Saraphine Obrotey, has called for improved access to land, affordable credit, agricultural inputs and modern farming support for rural women engaged in rice production in the Volta and Oti regions. Speaking on the topic “Rice Production by Women in the Volta and Oti Regions of Ghana,” under the theme “A Global Call to Support Women in Rural Areas,” Madam Obrotey highlighted the contributions of rural women to agriculture and the need for stronger institutional support…
Healey’s attempt to provide ‘breathing space’ gives rich almost as much as poor, says Resolution Foundation Business live – latest updates Budget 2026: what it means for your wallet, your mortgage and your pay John Healey delivered a “scattergun” budget that did little to boost living standards and left Britain facing “a painful second half” of the parliament, a leading economic thinktank has warned. The Resolution Foundation said on Thursday that measures to ease household gas and electricity costs would still leave energy bills higher this year than during the last energy shock.
Public sector workers are set to receive a 9 per cent increase in total remuneration in 2027, followed by a 10 percent across-the-board salary increase in 2028. The Secretary-General of the Trades Union Congress (TUC), Joshua Ansah, says the 2027 adjustment comprises an 8 percent increase in base pay, alongside an additional 1 per cent provision to address other conditions of service.
African nations weigh political incentives as Moscow offers limited economic benefits compared with China and the West.
After two years of economic pain, the small businesses along Sydney's new Southwest Metro line are breathing a sigh of relief and hoping customers will return in droves.
The 2026 budget has been revealed; how will it affect you personally, will it change the country and has chancellor John Healey done enough to prepare for the challenges ahead? Yesterday Chancellor John Healey gave his maiden budget under Andy Burnham’s leadership, announcing measures to cut energy bills funded by a windfall tax on banks.
Agricultural Development Bank (ADB) PLC has recorded strong financial performance for the nine months ended September 30, 2026, posting a profit before tax (PBT) of GH¢478.5 million, up from GH¢447.5 million in the corresponding period of 2025. Strong Financial Performance Reflects ADB’s Transformation Agenda Commenting on the Bank’s financial performance, the Managing Director of ADB PLC, Mr. Edward Ato Sarpong, described the results as an encouraging demonstration of the Bank’s commitment to strengthening its financial fundamentals, enhancing stakeholder confidence, and delivering…
Chancellor’s comments come as fiscal watchdog says disability benefits will cost £100bn a year before end of decade Business live – latest updates John Healey had said there will be a reduction in the welfare bill before the next election, with a “tough” approach to young people who do not accept support to get a job or training. The chancellor was repeatedly pressed on the issue in broadcast interviews after documents from the Office for Budget Responsibility suggested sickness and disability benefits would cost £100bn a year before the end of the decade.
Nigerian clean-energy startup D-Olivette Labs has won $200,000 at the 2025 Prince Talal International Prize for Human Development for its AI-powered biodigesters, which convert organic waste into clean cooking gas, electricity and fertiliser.
Instagram head Adam Mosseri, who previously opposed introducing longer videos on the platform, said the company had decided to embrace the format for several reasons. Instagram is also expanding its presence on television screens through Instagram for TV, which supports viewing videos on devices including Apple TV, Samsung, Amazon Fire TV and Google TV.