Economy
Stories in this category
Ghana’s Debt Risk Downgraded to Moderate as Debt Service Falls Below 20% of Revenue
IMF Resident Representative Dr Adrian Alter says Ghana’s debt sustainability has improved significantly, with public debt at about 45% of GDP.
Ghana is open for business like never before – 24-Hour Economy takes centre stage in Canada
Ghana’s 24-Hour Economy agenda has taken centre stage in Toronto, Canada, as government officials, diplomats and business executives from both countries explored new opportunities for investment and economic partnership.
DBG launches women’s lending programme to boost female-led businesses
Development Bank Ghana (DBG) has launched a dedicated women's lending programme aimed at expanding access to finance for women-led businesses, describing female entrepreneurs as one of the country's most underserved but economically impactful groups. The initiative, which will be implemented through the bank's partner...
GRA Commissioner-General urges businesses to support national clean-up exercise
Commissioner-General of the Ghana Revenue Authority, Anthony Kwasi Sarpong, has admonished businesses to find an innovative way to support various youth-led initiatives aimed at cleaning the environment.
COCOBOD CEO calls for greater trust, unity in Ghana–Côte d’Ivoire cocoa partnership
The Chief Executive of the Ghana Cocoa Board (COCOBOD), Dr. Randy Abbey, has called for deeper trust, transparency, and commitment between Ghana and Côte d’Ivoire as the two countries seek to strengthen cooperation and secure greater value for cocoa from the two countries on the international market. Addressing stakeho...
73% of CEOs bullish about economy but worried of technology risks – PwC
The Ghana cut of PwC’s 29th Global CEO Survey offers a clear, if nuanced, message: macro headwinds have eased; optimism is back; the risk map is being redrawn around technology; and the winners will be those who monetise stability quickly while rewiring for an AI‑led, cross‑industry future.
GARID expenditure records raise questions over project spending as Finance Ministry defends fiscal controls
The debate over what caused delays to the Greater Accra Resilient and Integrated Development (GARID) Project has taken a new turn. In May 2026, the World Bank downgraded implementation of the $350 million project to “Moderately Unsatisfactory“, arguing that fiscal controls introduced by the Ministry of Finance signific...
Technology alone can’t protect careless digital finance users – Ghana Association of Banks
Chief Executive Officer of the Ghana Association of Banks, John Awuah, says technology alone cannot protect digital finance users who expose their passwords, PINs, ATM cards, phones and account details to fraudsters. He says banks have invested heavily in cybersecurity infrastructure and are required to comply with str...
Fitch lowers 2026 growth forecast to 2.4%
“We have lowered 2026 growth forecasts since the March Global Economic Outlook (GEO) in the US and eurozone by 0.3 percentage points and 0.4 percentage points, respectively to 1.9% to 0.9%”, the UK-based firm said
T-bills: Government exceeds target by 30%; interest rates decline again
The 364-day bill was once again the most subscribed bill as GH¢8.1 billion of the bids were tendered, representing 65.5% of the total bids. The uptake was, however, GH¢7.8 billion.
Ghana calls for urgent political finance reforms to protect democracy across Africa
Deputy Minister for Finance, Thomas Nyarko Ampem, has called for urgent reforms to political financing across Africa, warning that the growing influence of money in politics is undermining democratic integrity, excluding capable leaders, and weakening public trust in democratic institutions.
Conditions for increasing lending progressively improving – BoG
The Bank of Ghana (BoG) says improving lending conditions across the financial sector are strengthening the case for regulatory reforms aimed at supporting innovation and expanding financial inclusion. According to the central bank, as access to credit improves, it is equally important to ensure that Ghana’s regulatory...