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Dr Sam Ankrah breaks down the mid year budget.

  The noises surrounding the mid-year budget. Primarily, no additional budget has been presented for approval, thus I assume it remains unchanged with negligible effects on households. Cheaper credit clears a blockage. It does not, on its own, build a factory or fill it with workers. Any Ghanaian who lived through the last three years knows the cost of money was never the whole reason firms weren't hiring, and treating a rate cut as a jobs policy will disappoint us. Start with the constraint sitting closest to home: power. A tailor in Kumasi or a food processor in Tema does not add a second shift because average commercial lending rates dropped from 30.2% to 15.6%. She adds it if the lights stay on and a kilowatt is affordable. Reliable, cheap electricity moves the hiring needle far more than the policy rate ever will, which is why the gas-to-power investments in this budget matter more for employment than the rate cuts everyone is celebrating. Then there is access, not price. Our ...
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Maison Yusif Unveils 'The Beast' Fragrance, Showcases Ghanaian Luxury to the World

 Ghanaian luxury fragrance house Maison Yusif has launched "The Beast," a bold new unisex fragrance designed to celebrate confidence, ambition, and African craftsmanship, as the company intensifies its push to position Ghana as a global producer of premium perfumes. The fragrance was unveiled at a colorful ceremony held at the Pelican Hotel in Accra on Saturday, July 25, where patrons, fashion enthusiasts, entrepreneurs, and industry stakeholders gathered to witness the latest addition to the Maison Yusif collection. Speaking to the media after the launch, Chief Executive Officer and founder of Maison Yusif Fragrance, Yusif Meizongo Jnr, said the unveiling of The Beast represents more than just the introduction of another perfume—it is a statement about Africa's identity, creativity, and growing influence in the global luxury market. Reflecting on his entrepreneurial journey from working as an Uber driver to building a premium fragrance brand, Meizongo expressed gratitud...
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Ghana Chamber of Mines Hails ZEN Petroleum's GSE Listing, Urges More Indigenous Firms to Tap Capital Market

  The Ghana Chamber of Mines has hailed the successful listing of ZEN Petroleum on the Ghana Stock Exchange (GSE), describing it as a landmark achievement for indigenous Ghanaian businesses and a model for local enterprises seeking sustainable growth through the capital market. In a statement, the Chamber congratulated its member company for reaching the milestone, saying the listing reflects the impact of visionary leadership, sound corporate governance and long-term investment planning. Founded as a wholly Ghanaian-owned company, ZEN Petroleum has grown into one of the country's leading downstream petroleum companies, supplying fuel and energy solutions to the mining industry and other key sectors of the economy. According to the Chamber, the company's decision to list on the Ghana Stock Exchange marks a significant step in its corporate evolution by broadening public ownership, strengthening transparency and accountability, and providing access to long-term capital to suppor...
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Can Ghana really do away with Plastics?

  By Adade Gyamfi Plastic has become one of the world's most widely used materials. Since large-scale production began in the 1950s, global plastic production has grown exponentially because of its versatility, durability, and relatively low cost. According to the United Nations Environment Programme (UNEP), the world now produces more than 430 million tonnes of plastic every year. Yet only about nine per cent of all plastic waste is recycled, around 19 per cent is incinerated, while nearly 50 per cent ends up in landfills. The remaining 22 per cent is openly dumped, burned or leaks into rivers, lakes and oceans, making plastic pollution one of the defining environmental challenges of our time. UNEP estimates that the African continent generates approximately 17 million tonnes of plastic waste every year, while recycling rates remain among the lowest globally. I n Ghana, studies by the Ministry of Environment, Science and Technology, the Environmental Protection Agency (EPA), and d...
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Failure to Meet Citizens' Expectations Is Driving Migration Pressures Across Africa — MTN Ghana Board Chairman

  The inability of African countries to meet citizens’ expectations for jobs, economic opportunities and improved livelihoods is contributing to rising migration pressures across the continent, MTN Ghana Board Chairman Dr Ishmael Yamson has said. Dr Yamson said many young Africans were choosing to leave their countries not because migration itself was the problem, but because gaps in economic opportunity, skills development and inclusive growth had created conditions where people felt compelled to seek better prospects elsewhere. Speaking at the Kgalema Motlanthe Foundation Winter Seminar in South Africa on Thursday, July 23, 2026, on the theme “Migration, Economic Opportunity and Africa’s Shared Prosperity: A West African Perspective,” Dr Yamson said governments and businesses must focus on creating economies where citizens can fulfil their aspirations at home. I had the honour of chairing a book launch of our Presidential Chief of Staff on citizen expectations of government. What...
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Prudential Bank Brings the Football Fever to Work, Launches Sports-Themed Step Challenge to Boost Employee Wellness and Team Spirit

 Prudential Bank LTD has officially launched the second edition of its highly anticipated Step Challenge, a health & fitness event running from July to end of September, the health and wellness initiative designed to foster a culture of well-being across the Bank. The 2026 edition, which embraces healthy lifestyles, promotes teamwork, camaraderie and work-life balance, takes a unique twist, with participants virtually journeying through all 48 participating World Cup Nations, starting from New Zealand and crowning it in Ghana.          Speaking on the launch, Head of Human Resources, Lilian Antwiwaa Asante, highlighted that the drive goes beyond fitness, rather, reflects the Bank’s resolve in creating a supportive and people centered workplace. We believe that our people are our greatest asset, and their well-being remains a priority. The Step Challenge is not just about counting steps as a team or as individuals; it is about encouraging ...
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Gov’t to Abolish 20% Excise Duty on Locally Produced Fruit Juice to Boost Agro-Processing and Job Creation

  The Government has announced plans to abolish the 20 per cent excise duty on locally manufactured fruit juices, a move aimed at boosting agro-processing, supporting local manufacturers and creating jobs across the agricultural value chain. The measure forms part of the proposed Excise Duty Bill, one of several tax reforms outlined by Finance Minister Dr. Cassiel Ato Forson during the presentation of the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23. According to Dr. Forson, the reform is designed to ease the tax burden on domestic producers, stimulate investment in agro-processing and encourage greater value addition to Ghana's agricultural produce. We will abolish the payment of the 20 per cent excise duty on locally manufactured fruit juices introduced in 2023 to support agro-processing and job creation," the Finance Minister announced. The tax relief is expected to make locally processed fruit juices more competitive, encourage expansion within the manufa...
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