The Bank of Ghana (BoG) has urged businesses, particularly small and medium-sized enterprises (SMEs), to take advantage of the country’s collateral registration system. This initiative aims to improve their credit access and negotiate better lending terms with financial institutions. By registering their collateral, businesses can increase their chances of securing loans and reducing the risk associated with lending.
In related news, MT Asharami Ghana, a 40,000-cubic-metre Liquefied Petroleum Gas (LPG) carrier, has delivered 5,000MT of LPG in its maiden voyage to Ghana. This development boosts efforts to strengthen energy security, LPG supply reliability, and position the nation as a strategic hub for regional energy trade. The delivery is expected to have a positive impact on the country's energy sector.
The Ghana Revenue Authority (GRA) has welcomed an international arbitral tribunal’s decision upholding its US$393.09million tax assessment against Tullow Ghana Limited. The tax assessment is related to the taxation of business interruption insurance proceeds. This ruling is expected to have significant implications for Tullow Ghana Limited and the country's tax revenue.
The Ghana Gold Board (GoldBod) has generated US$1.871 billion in foreign exchange (FX) from its Artisanal and Small-Scale Mining (ASM) gold trade operations in September 2026. This figure exceeds the monthly target of US$1.4 billion by US$471 million. The impressive performance is a significant boost to the country's foreign exchange earnings.
Gas sales generated US$952million for the Ghana National Petroleum Corporation (GNPC) in 2025. This amount is nearly twice the roughly US$500million the national oil company earns in a good year from its share of crude oil sales. The rising commercial importance of natural gas is evident in the GNPC's increasing revenue from gas sales.
The 14th Ghana Garden and Flower Show (GGFS) has officially closed in Accra with a call for Ghana to recognise the potential of horticulture/floriculture. The event, themed "Green means Business, Beauty and More," highlighted the importance of the sector for business, livelihood enhancement, health, recreation, and sustainable economic development.
Building cost inflation in Ghana rose to 4.6 percent in August 2026 from 4 percent in July, driven largely by higher material costs. Although overall cost pressures remained well below the 12 percent recorded a year earlier, the increase is a concern for the construction sector. Meanwhile, Tullow Ghana Limited has lost its tax arbitration case against the Republic, with an international tribunal upholding the Ghana Revenue Authority’s US$393.09 million tax assessment in full.
Key points
- The Bank of Ghana encourages SMEs to leverage collateral registration system
- Ghana's energy sector receives boost with LPG delivery
- GRA welcomes international tribunal's tax ruling against Tullow Ghana Limited
