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Public Sector Wages to increase by 9% in total remuneration in 2027, effective January 1

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The Secretary-General of Organised Labour, Joshua Ansah has announced that the Union has reached an agreement with the Public Services Joint Standing Negotiating Committee to increase Public Sector Wages by 9% in total remuneration in 2027, effective January 1.

The adjustment which was announced following a meeting on Wednesday, October 27,2026 will comprise of an 8-percentage-point increase in base pay and a 1-percentage-point allocation for conditions of service.

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President Mahama Reaffirms Ghana’s Non-Alignment Policy at FT Africa Summit in London

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President John Dramani Mahama has reiterated that Ghana is open to partnerships with all nations across the world, irrespective of regional blocs or divides.

Speaking at the 13th Financial Times Africa Summit in London on Wednesday, President Mahama explained that the country has benefited well from its policy of non-alignment over the years, and will continue to pursue it, provided it offers fair and mutual benefits to the country.

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GRA Directs Banks to Apply 20% VAT on Netflix, Spotify, TikTok, ChatGPT and Others from October 15

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The Ghana Revenue Authority (GRA) has directed banks to charge 20% VAT on qualifying cross-border digital services from October 15, 2026, increasing the cost of subscriptions to platforms such as Netflix, Spotify, and ChatGPT where the applicable taxes are not already included.

The directive requires banks to collect and remit applicable taxes on qualifying digital transactions made with Ghana-issued bank cards.

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BoG Warns Against Misuse of Cedi Notes in Money Bouquets

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The Head of the Statistics Office at the Currency Management Department of the Bank of Ghana, Dinah Bonzi, has warned the public against the use of Ghana cedi banknotes to make and sell money bouquets, reiterating that the act constitutes an offence punishable by law.

The Bank of Ghana, in a public notice issued on July 14, 2026, barred the use of currency notes and coins as decorations including money bouquets, jewellery, and other artistic creations,citing the Currency Act, 1964 (Act 242).

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SSNIT Explains Removal of Unauthorised Occupants from Labadi and La Palm Beachfronts

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The Social Security and National Insurance Trust (SSNIT) has explained its decision to remove unauthorised occupants and activities from the beachfront areas adjoining the Labadi Beach Hotel and La Palm Royal Beach Hotel in Accra.

SSNIT said it sought the urgent intervention of the National Security Council Secretariat to address what it described as persistent unlawful occupation, encroachment and unauthorised activities along the beachfront directly adjoining and in front of the two hotels.

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St. Augustine’s College Makes History with Back-to-Back National Investment Quiz Win

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St. Augustine’s College has clinched the 2026 National Investment Quiz, earning bragging rights as one of Ghana’s top business and investment schools.

The competition, organised by the Young Investors Network in collaboration with the Ghana Stock Exchange and the Central Securities Depository, aims to educate participants and the wider public about Ghana’s investment space and capital markets.