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The regime change we need for Thames Water
business

The regime change we need for Thames Water

Terry Barker says nationalisation changes who owns the shares, it does not change the rules, while James Wallace says the powers to intervene already exist. Plus a letter from Philip Clayton Andy Burnham’s instruction to officials to look at all options for Thames Water and not feel constrained (Burnham urges officials to come up with more radical options for Thames Water, 19 October) is welcome, but the options will fail unless they answer the right question.

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Marketability of poetry hasn’t been explored enough – Nana Asaase
business

Marketability of poetry hasn’t been explored enough – Nana Asaase

Ghanaian Poet, literary coach, and writer Philip Boakye Dua Oyinka, popularly known as Nana Asaase, has urged young creatives to explore the commercial potential of poetry, saying the art form offers opportunities beyond stage performances. He made these comments in an interview on The Career Trail programme aired on Joy Learning TV and Joy News.

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DStv unveils four new subscription packages with prices from GH¢50 to GH¢570
business

DStv unveils four new subscription packages with prices from GH¢50 to GH¢570

MultiChoice Ghana has announced four new DStv subscription packages, with monthly prices ranging from GH¢50 to GH¢570, as part of efforts to provide subscribers with more affordable and flexible viewing options. Speaking at the briefing, the Country Chief Executive Officer of MultiChoice Ghana, Alex Okyere, explained that the new packages offer different channel selections, sports coverage and entertainment content to suit subscribers’ budgets and viewing preferences.

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Visa and Mastercard threatened with potential £5bn UK lawsuit over fees
business

Visa and Mastercard threatened with potential £5bn UK lawsuit over fees

Application made for group claim seeking compensation for companies for alleged overcharging on customer card payments Business live – latest updates Visa and Mastercard are being threatened with a potential £5bn lawsuit for allegedly stifling competition and charging UK businesses excessive fees. The law firms Harcus Parker and Hausfeld have lodged an application at the Competition Appeal Tribunal in hopes of pursuing a group claim that would compensate companies who, they claim, have been overcharged on customer card payments since October 2020.

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MIIF, Forestry Commission partner to reforest Subri Forest Reserve
business

MIIF, Forestry Commission partner to reforest Subri Forest Reserve

The Minerals Income Investment Fund (MIIF), with support from Zijin Golden Ridge Limited, Ghana International Bank and three other financial institutions has partnered with the Forestry Commission of Ghana to rehabilitate and restore 50 acres of degraded land in the Subri River Forest Reserve as part of their corporate social responsibility on Environmental, Social and Governance (ESG). Commenting on the initiative, the Chief Executive Officer of MIIF, Justina Nelson, said the project reflects MIIF’s commitment to ensuring that the benefits of Ghana’s mineral resources are pursued alongside…

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Improved traffic flow on Kasoa-Mallam Road is good, but it’s affecting our sales – Hawkers lament
business

Improved traffic flow on Kasoa-Mallam Road is good, but it’s affecting our sales – Hawkers lament

The development follows the commencement of rehabilitation works on the McCarthy-Mallam stretch of the Accra-Cape Coast Highway after weeks of complaints from motorists and commuters. READ ALSO: Commuters welcome McCarthy-Mallam road repairs after Joy SMS appeals One commuter residing at Kasoa Millennium City Estate previously recounted the difficulty of reaching Mallam Junction despite leaving home early.

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Unions suspend planned V&A strike after improved pay offer
business

Unions suspend planned V&A strike after improved pay offer

London sites to remain open as Prospect and PCS agree to ‘Acas-facilitated talks’ with museum management A planned strike at the V&A over half-term has been suspended after an improved offer from its management. The strike would have closed the V&A’s main galleries in south Kensington, as well as V&A East, V&A Storehouse and Young V&A in east London.

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Invest In Training, Boost Production To 3m/b Per Day, PETAN Urges Indigenous Oil Firms
business

Invest In Training, Boost Production To 3m/b Per Day, PETAN Urges Indigenous Oil Firms

The Petroleum Technology Association of Nigeria (PETAN) has urged indigenous oil and gas companies to invest in training young Nigerians and strengthening technical capacity to support the country’s ambition of producing three million barrels of crude oil per day. The PETAN boss warned that experienced Nigerian professionals were increasingly being recruited by countries in the Middle East, including Qatar, Saudi Arabia and Kuwait, making local training investment more urgent.

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Republic Bank Ghana wins climate finance award at WSBI-ESBG SDG Awards in Bangkok
business

Republic Bank Ghana wins climate finance award at WSBI-ESBG SDG Awards in Bangkok

Republic Bank (Ghana) PLC has received recognition in the Climate Finance category at the WSBI-ESBG SDG Awards in Bangkok, Thailand, which happened alongside the 2026 IMF Annual Meeting, for its investment in water projects across four locations in Ghana. The award was for the Bank’s contribution to Sustainable Development Goal 6, Clean Water and Sanitation, through mechanized borehole projects at Adidome Senior High School and Taviefe Senior High School in the Volta Region, Pwalugu in the Upper East Region, and Dingoni in the Northern Region.

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Nigeria needs 9% annual growth to reduce poverty – Soludo
business

Nigeria needs 9% annual growth to reduce poverty – Soludo

Governor Chukwuma Soludo of Anambra says Nigeria needs an annual economic growth of at least nine per cent to significantly reduce poverty and create jobs. He made the assertion at the Nigerian Economic Summit 32 (NES32) with the theme “Growth that Works: Delivering Jobs, Productivity and Shared Prosperity” in Abuja on Monday.

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From Survival to Scale: How fintech apps are rewiring Ghana’s MSME economy
business

From Survival to Scale: How fintech apps are rewiring Ghana’s MSME economy

With a $4.8 billion financing gap and over 90% of small businesses locked out of formal credit, a new generation of Ghanaian fintech platforms is building the digital rails that keep the economy’s backbone moving, and iSmart and Korba are showing how it’s done. Meanwhile, its Customer Engagement Solutions (CESI) platform, which includes tools like Digitalk, CPaaS, and Grow, empowers telecoms, enterprises, and SMEs to manage and engage over 4.5 million subscribers across Africa, turning one-way transactions into ongoing commercial relationships.

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TOR records GH¢1.24bn profit in 2025 after a decade of losses
business

TOR records GH¢1.24bn profit in 2025 after a decade of losses

The Tema Oil Refinery (TOR) recorded a profit before tax of GH¢1.24 billion in 2025, marking its first return to profitability in a decade, Managing Director Edmond Kombat has disclosed. Mr Kombat said management was also pursuing a financial restructuring programme, including independent assessments of liabilities and discussions with the Ghana Revenue Authority, SSNIT and other creditors to establish sustainable repayment arrangements.

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CICMG calls for flexible lending conditions to expand credit access
business

CICMG calls for flexible lending conditions to expand credit access

The Chartered Institute of Credit Management, Ghana (CICMG), is calling for more flexible lending conditions, increased credit capital and stronger financial literacy programmes to improve access to finance for small and medium-sized enterprises (SMEs) and informal-sector operators. Meanwhile, General Manager of Emmanuel Cooperative Credit Union, William Atta-Pearce, says credit unions can help address financing gaps among rural borrowers who struggle to meet conventional bank collateral requirements.

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business

Afreximbank records net income growth of 24% to US$813.5m; assets and contingencies exceed US$54.1bn

African Export-Import Bank (Afreximbank) and its subsidiaries (the “Group”) delivered a satisfactory financial performance for the nine months ended 30 September 2026, demonstrating resilient growth, sound asset quality and continued support for trade and economic development across Africa and the Caribbean Community (CARICOM). Commenting on the results, Denys Denya, Afreximbank’s Senior Executive Vice President, said, “This performance underscores Afreximbank’s ability to deliver strong and sustainable performance while continuing to fulfil its development mandate across Africa and the…

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Toyota Tsusho Manufacturing Ghana invests in new Hilux assembly
business

Toyota Tsusho Manufacturing Ghana invests in new Hilux assembly

Toyota Tsusho Manufacturing Ghana has launched the ninth-generation Hilux and the new Land Cruiser FJ, with fresh investment in local assembly operations expected to support the company’s market expansion and contribute to the development of Ghana’s automotive industry. Speaking at the launch, Head of Sales Operations at Toyota Tsusho Manufacturing Ghana, Andrew Lamptey, says the company has invested in new equipment and workforce training to facilitate the assembly of the latest Hilux model in Ghana.

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CIB Ghana, GhISP build financial institutions capacity to drive gender-smart
business

CIB Ghana, GhISP build financial institutions capacity to drive gender-smart

Chartered Institute of Bankers, Ghana (CIB Ghana), in partnership with the Ghana Investment Support Programme (GhISP), held a two-day workshop for the SME portfolio managers from banks across Ghana. About CIB Ghana Chartered Institute of Bankers, Ghana (CIB Ghana) is the professional body for the practice of banking in Ghana, established under the Chartered Institute of Bankers, Ghana Act, 2019 (Act 991).

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Anthropic files for US stock market listing with valuation of more than $1.5tn
business

Anthropic files for US stock market listing with valuation of more than $1.5tn

Market debut of AI company behind Claude chatbot will be one of largest in US history, a test of its financial viability Anthropic has publicly filed for a stock market listing, one of the largest debuts in history. The company’s float on the US market is likely to be a high-water mark in the multitrillion-dollar AI boom and a test of its financial viability.

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