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New tax updates in Ghana bring relief to businesses

  Businesses in Ghana are beginning to feel a sense of relief following recent tax updates, a development that is gradually translating into reduced costs for consumers, according to Mary Kwarteng Darko, an Associate Director in PwC Ghana’s tax practice. Speaking during a UK-Ghana Chamber of Commerce and PwC Ghana webinar on “Tax Updates in Ghana”, Darko noted that the changes marked a clear shift in the country’s tax regime from an aggressive stance towards a more business-friendly environment. She remarked that overall sentiment is that the country is taking a more balanced approach to taxation, shifting from a period of heavy tax imposition to one where the system is being rationalised, simplified, and made more business-friendly. She pointed to the abolition of the Emissions Levy, COVID‑19 Health Recovery Levy, and the E‑levy as particularly welcome developments. According to her, these measures directly affect pricing structures and, ultimately, the cost borne by consumers. Al...
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The Shadow That Stayed

  Written By: Beatrice Shine Ayroe A Mother's Story of Tuberculosis, Loss, and Hope (Based on a true account. Names have been withheld out of respect for the living and the dead. This story is dedicated to all those lost to TB, and to all those still fighting.) Before I Knew Before I joined the Stop TB Partnership Ghana, tuberculosis was just a word, a word that meant nothing to me, until it meant everything. I come from a family that believed sickness was something you could see coming. A fever announced itself. Malaria had its signature. But TB? TB crept in like a thief in the night, and by the time we knew it was there, it had already taken what it came for. My brother left for Accra with dreams stuffed into a small bag. Like so many young people, he went to hustle, to find something bigger. We didn't hear much from him after he left, the occasional phone call, that was all. No money came home. No promises kept. Just silence, and then longer silence. When he came back, he wa...

GFA to receive $2.5m from FIFA to prepare for World Cup and $10m for qualifying for tournament

  The Ghana Football Association (GFA) will receive $2.5 million to prepare the Black Stars for the 2026 World Cup after FIFA increased the prize money for participating teams by over $100 million. The figure is a $1 million increase from what was previously offered to teams as preparatory money for the competition. Ghana will receive a further $10 million for qualifying for the competition, an increase from $9 million from the previous tournament. FIFA will increase payments to teams taking part in the 2026 World Cup to almost $900 million, the world soccer governing body said on Tuesday, citing the commercial success of its expanded flagship men's tournament. The FIFA Council, meeting in Vancouver ahead of the 76th FIFA Congress, approved a 15% increase in resources to be distributed to all 48 participating member associations at next year's tournament in Canada, Mexico and the United States. The total pot will rise to $871 million, FIFA ​said, with each participating team re...

GoldBod records GH¢5.4 billion surplus for 2025

  The Ghana Gold Board (GoldBod) posted strong financial performance for 2025, recording total revenue of GH¢5.55 billion and an operational surplus of GH¢909.71 million. The financial report shows that GoldBod generated total revenue of GH₵¢5.55 billion against total expenditure of GH¢109.38 million, resulting in an overall surplus of GH¢5.45 billion, GoldBod said in a statement on Tuesday. After accounting for a profit of GH¢959.72 thousand from GoldBod Jewellery Limited, the final surplus stood at GH¢5.45 billion. The institution’s performance reflects a significant improvement over the 2024 fiscal year, when surplus after exceptional items stood at GH¢185.34 million. Last year, the government provided seed capital of GH¢4.54 billion to support gold purchasing, trading and export operations of the GoldBod. In addition, the board generated GH¢983.96 million in non-tax revenue and GH¢35.34 million in finance income. The non-tax revenue stream was largely driven by Artisanal and Sm...

South Africa Dominates as Ghana’s Top African Export Market with 64% Share – GSS

  South Africa emerged as Ghana’s leading export destination within Africa in the fourth quarter of 2025, accounting for nearly two-thirds of the country’s total exports to the continent, according to the Ghana Statistical Service (GSS). Data from the GSS International Trade Statistical Newsletter shows that Ghana exported goods worth GH₵12.1 billion to South Africa during the period, representing 63.8 percent of total exports to Africa. The report highlights a strong concentration of Ghana’s exports among a few key regional markets. The top five destinations—South Africa, Burkina Faso, Nigeria, Côte d’Ivoire, and Togo—collectively accounted for over 91 percent of Ghana’s exports to the continent in the fourth quarter. Exports to Burkina Faso reached GH₵2.5 billion, making up 13.2 percent of the total, while shipments to Nigeria amounted to GH₵1.0 billion, representing 5.4 percent. Exports to Côte d’Ivoire and Togo stood at GH₵0.9 billion and GH₵0.8 billion, respectively. Commodity...

Ghana’s Banking Sector Assets Hit GH¢465bn as Deposits and Investments Surge – BoG

  Ghana’s banking sector continues to show signs of recovery and resilience, with total industry assets rising to GH¢465.4 billion as of February 2026, according to the Bank of Ghana’s March Monetary Policy Report. The 21 percent year-on-year growth in assets, though slower than the previous year’s pace, reflects a shift toward more stable and sustainable expansion, supported by stronger domestic asset growth and improved funding conditions. A notable trend in the report is the increasing dominance of domestic assets, which now account for 93.8 percent of total industry assets, up from 88 percent a year earlier. This highlights a growing local focus among banks and reduced vulnerability to external economic shocks. Investment activity played a significant role in driving growth, with total investments rising sharply by 57.5 percent to GH¢192.8 billion. The surge was largely fueled by short-term instruments, which grew by 130.1 percent, pointing to improved money market yields and m...

Ghana Rejects $109m U.S. Health Deal Over Data Privacy Concerns

  Ghana has turned down a proposed bilateral health agreement with the United States after negotiations collapsed over demands for access to sensitive national health data, according to a Reuters report. The deal formed part of Washington’s broader “America First Global Health Strategy,” a policy framework introduced under the Trump administration to reshape foreign aid by pushing partner countries to take on greater financial and operational responsibility for disease control programmes, including HIV/AIDS, malaria, tuberculosis, and polio. Negotiations, which began in November 2025, were expected to secure approximately $109 million in U.S. health support for Ghana over a five-year period. However, talks broke down after Ghanaian officials raised concerns about provisions requiring the sharing of sensitive health data, which they deemed unacceptable. A source familiar with the discussions said the talks started routinely but became increasingly pressured toward the final stages, ...