Economy
Stories in this category
Producer Price Inflation increases marginally to 1.5%
On a month-on-month (MoM) basis, producer prices for goods and services increased by 0.7% in March 2026 compared to February 2026.
FIDIC Africa Infrastructure Conference 2026 opens in Accra
The 31st FIDIC Africa Infrastructure Conference (FAIC) 2026 is underway in Accra. The opening ceremony, which is scheduled for Monday, 11th May, 2026 at the Movenpick Ambassador Hotel, Accra, is expected to be attended by delegates from within and outside Africa, with representatives from the International financial in...
EU investment in Ghana reaches $16bn – GIPC’s Boss
The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, says the European Union (EU) has invested about US$16.24 billion in Ghana over the past three decades. According to him, the EU’s investments, recorded between 1994 and May 2026, span 2,236 projects across key sectors, with manuf...
Cyber Security Authority, EY resolve satisfactorily matters relating to licence fees
In a joint statement, the two institutions said they value the constructive and collaborative approach that has resulted in the resolution of these regulatory issues, and both parties remain committed to supporting Ghana’s cybersecurity regulatory framework.
World Bank, GCEA provide FIDIC contract management training in Accra
The World Bank has partnered with the Ghana Consulting Engineers Association (GCEA), to provide FIDIC Condition of Contract Management Training Programme, at the Engineering Centre, Roman Ridge, Accra. The 4-day intensive training programme began on Tuesday, 24th March and ended on Friday, 27th March, 2026. Countries w...
GIPC woos Canadian investors for value addition in key industrial sectors
According to him, Ghana’s natural resources, youthful population and strategic access to West African markets make the country a strong destination for investors seeking to expand operations on the continent.
KNUST turns to quantum computing to crack Ghana’s building code barrier
The termite knows something Ghana's building code does not. For centuries, the insect has been engineering with the country's laterite-rich clay, structures so precise and durable they survive the harshest tropical seasons. Scientists at KNUST's TCC-CIMET research centre are deploying quantum computing methods to valid...
Ghana’s 6.4% GDP growth: A call to build skills, jobs and productivity
GDP Is Rising, But Human Capital Will Decide Ghana’s Future Ghana’s economy has entered 2026 with encouraging momentum. The latest Gross Domestic Product (GDP) estimates show that the economy expanded by 6.4% in the first quarter of 2026, up slightly from 6.2% recorded in the same period last year. This performance con...
Gov’t could lose nearly GH¢500m a month for every GH¢1 cut from fuel taxes
Cabinet has directed the suspension of some taxes, levies and margins on petroleum products in response to rising crude prices following the US–Israel–Iran conflict. Announcing the decision, the Minister for Government Communications said the move is intended to reduce the burden on consumers as fuel prices respond to...
Ghana to lose GH¢18.15bn in revenue by 2027 from abolishing Covid levy, E-levy – CPS study
Ghana is projected to lose a combined GH¢18.15 billion in revenue by 2027 following the abolition of the Electronic Transfer Levy (E-Levy) and the COVID-19 Health Recovery Levy.
GRA applauds CPS study, urges continuous policy scrutiny
The Ghana Revenue Authority (GRA) has commended the Centre for Policy Scrutiny (CPS) for its recent study on the impact of abolished taxes.
May 2026 PPI increases sharply to 5.8%
The Producer Price Inflation (PPI) for May 2026, increased sharply to 5.8%, up from 2.7% in April 2026, representing a 3.1 percentage point increase. The data released by the Ghana Statistical Service showed that prices at the production level went up sharply, year on year basis. On a month-on-month basis, the Producer...