Economy
Stories in this category
GhIE congratulates Ing Professor Kwabena Biritwum Nyarko on FAEO appointment
In a statement, the institution said the appointment, which was approved by the FAEO Executive Council, followed a successful proposal led by Prof. Nyarko to host the committee in Ghana after a competitive selection process.
Oppong Nkrumah: GHC650bn approved, yet “24-Hour Economy” has no visible results
New Patriotic Party (NPP) lawmaker Kojo Oppong Nkrumah has questioned the implementation of the government’s flagship 24-Hour Economy programme, arguing that nearly two years after the National Democratic Congress (NDC) took office and Parliament approved about GHC650 billion in public spending, there is little evidenc...
Sir David Adjaye breaks silence on vision behind Ghana’s National Cathedral
For years, Ghana’s proposed National Cathedral has existed at the centre of political debate, public scrutiny and national controversy. Conversations around the project have often focused on its cost, delays and the fierce public criticism surrounding it. But at a public lecture delivered at the Kwame Nkrumah Universit...
Bond market: Turnover increased by 56% to GH¢2.44bn
The 2027-2030 segment also saw meaningful activity, contributing 44.40% of trades at a weighted-average yield of 12.39%.
GH¢650bn spent in two years but 24-hour economy has no beneficiaries – Oppong Nkrumah
Parliament has approved close to GH¢650 billion over the past two years, yet the government cannot point to a single institution operating under its flagship 24-Hour Economy programme, the Ranking Member on the Economy and Development Committee has told Parliament. Kojo Oppong Nkrumah, Member of Parliament for Ofoase-A...
Ghana exits IMF, but broken promises stoke fears of an 18th bailout
Three days after Ghana formally exited the International Monetary Fund's Extended Credit Facility (ECF), the country is again hearing a familiar promise: that this bailout, the 17th in its history, will be the last. It is the third time in twelve years a sitting president has made that pledge. The previous two were bro...
1 in 5 households spend over 75% of income on food as cost pressures mount — GSS
Rising living costs are tightening the grip on Ghanaian households, with new data showing that food is consuming an increasing share of incomes pushing many closer to vulnerability. A report by the Ghana Statistical Service (GSS) reveals that nearly one in five households spends more than 75 percent of their total expe...
ISSER warns Ghana’s gold reserve strategy faces price risks
The Institute of Statistical, Social and Economic Research (ISSER) has cautioned that Ghana’s increasing reliance on gold as part of its international reserves could expose the country to financial risks if global gold prices continue to decline. Speaking at the Post-Revenue Mid-Year Budget Review Forum in Accra, the d...
Bank of Ghana’s $1.3bn profit from gold sale could help narrow 2025 losses
The Bank of Ghana (BoG)'s decision to sell more than half of its gold reserves in November & December 2025 may have provided an important accounting benefit beyond reserve management.
State dominance weakening private sector growth – Kufuor
Former President John Agyekum Kufuor has issued a stinging assessment of Ghana’s post-independence economic model, asserting that the nation’s historical reliance on state-dominated industry effectively "destroyed" the entrepreneurial spirit required for sustainable wealth creation.
Macroeconomic gains must reach ordinary Ghanaians – McDan
Executive Chairman of the McDan Group, Daniel McKorley, says Ghana must ensure recent macroeconomic gains translate into real relief for businesses and households, warning that economic recovery means little if conditions on the ground remain unchanged. Speaking at the launch of the 10th Ghana CEO Summit in Accra, Mr....
T-bills auction: Government exceeds target by 11.9%, but interest rates surge
The 91-day bill was once again the most subscribed, as GH¢3.56 billion of the bids were tendered, representing 58.4% of the total bids. The uptake was, however, GH¢3.50 billion.