Economy
Stories in this category

Analysis: Why foreign countries are pressuring Ghana over its gold royalties
Several foreign governments are pressing Ghana to reconsider a proposed overhaul of its mining royalty regime, according to a report by Reuters. The report indicates that the governments of Canada, Australia, China, South Africa and the United States have raised concerns about a new royalty sliding scale currently befo...

SSNIT pension scheme is sustainable, can pay benefits for next 40 years – Director General
The Director General of the Social Security and National Insurance Trust (SSNIT), Kwesi Afreh Biney, has revealed that the pension scheme is sustainable and can even pay benefits for the next 40 years. Mr. Biney noted that this is based on the latest actuarial report carried out by the UK Government Department of Actua...

Ghana’s new investment law to reduce bureaucracy, strengthen investor confidence – GIPC CEO
Speaking at the 2026 Ghana-European Union Partnership Dialogue in Accra, Mr Madjie said the legislation was designed to improve the ease of doing business and create a more efficient and investor-friendly environment.

Financial literacy must become part of Ghana’s anti-fraud strategy – Economist
Arrests and prosecutions alone will not stop Ghana’s digital fraud problem, Economist and Professor of Finance at the University of Ghana Business School, Godfred Bokpin, has warned. He says the country must pair enforcement with stronger financial literacy and basic cybersecurity education as more people rely on mobil...

We are guarding our economic achievements jealously – Deputy Finance Minister
Speaking before Parliament’s Committee on Economy and Development during a public hearing on the 2024 National Annual Progress Report, Mr. Nyarko Ampem said the Ministry of Finance is implementing deliberate measures to prevent a return to the economic challenges experienced between 2022 and 2024.

Mahama’s approval rating drops to 58.9% but majority of Ghanaians still back him — IEA poll
Most Ghanaians continue to approve of President John Mahama's job performance, but public satisfaction has slipped, according to a nationwide poll released today, Wednesday, June 10, 2026, by the Institute of Economic Affairs (IEA). The poll, conducted in May 2026 across all sixteen regions of Ghana and covering over 1...

MTN’s long game on small business, A JBA analysis
For the roadside seamstress balancing a ledger she keeps by hand, or the young entrepreneur selling handmade goods with no collateral to show a bank, the promise of growth in Ghana has long collided with a familiar obstacle: the absence of paperwork, capital and connectivity that formal institutions demand. It is these...

Gov’t reaffirms commitment to Africa’s digital economy at AIGF launch
The government has reaffirmed its commitment to building a stronger and more resilient digital economy, with a focus on creating a unified African digital identity and infrastructure system to support secure online transactions and boost cross-border internet trade.

Oti MDCEs sign 24-hour economy contracts
Municipal and District Chief Executives (MCEs and DCEs) in the Oti Region have signed contracts to begin implementing the 24-Hour Economy Markets Project

Cedi dips further as external shocks intensify; one dollar equals GH¢11.70 at forex bureaus
In the interbank market, it depreciated against the dollar and euro to GH¢11.00/US dollar (-0.27%) and GH¢12.70/EUR (-0.47%) but edged up 0.13% against the pound to GH¢14.56.

President Mahama signs Value for Money Office bill into law to curb inflated government contracts
President John Dramani Mahama has signed the Value for Money Office Bill into law, marking a major step in the government’s efforts to curb inflated public sector contracts and strengthen accountability in state spending.

T-bills: Government records 29% undersubscription; interest rates continue to surge
The 91-day bill was once again the most subscribed bill as GH¢4.43 billion of the bids were tendered, representing 83% of the total bids. The uptake was, however, GH¢4.42 billion.