Economy
Stories in this category
CUTS calls on government to increase allocation to Road Fund in 2026 Mid-Year Budget
CUTS International, a leading research and public policy think is calling on the Government to increase funding for road maintenance in the upcoming Mid-Year Budget Review, following the damage caused to roads, bridges and drains by this year’s heavy rains. Road damage is becoming a daily burden on Ghanaians. Many road...
We cannot wait – Prof. Ebo Turkson urges Mahama to push structural reforms now
Economist Professor Festus Ebo Turkson has urged the Mahama administration to seize the country’s improving macroeconomic conditions to implement long-delayed structural reforms.
Spain underlines strong commercial partnership with Ghana
The agri-food sector has been one of the fastest-growing areas of Spanish exports to Ghana, with exports increasing from €23.5 million in 2024 to €50.2 million in 2025. The sector accounted for nearly 20% of total Spanish exports to Ghana last year, reflecting the growing demand for Spanish products among Ghanaian impo...
GhIE inducts 194 professional engineers, calls for higher standards in infrastructure delivery
The Ghana Institution of Engineering (GhIE) has inducted 194 new Professional Engineers, charging them to uphold the highest standards of competence and ethics in addressing Ghana’s growing infrastructure and development challenges. The induction ceremonies, held in two sessions at the Engineering Centre, Roman Ridge,...
FDI inflows hit US$2.61bn in 2025 – GIPC
The Chief Executive for Ghana Investment Promotion Centre (GIPC) Simon Madjie has announced that provisional figures indicate that Foreign Direct Investment (FDI) into Ghana reached US$2.61 billion in value in 2025. This is more than the US$652 million recorded in 2024. Mr. Madjie said the development shows renewed inv...
Africa to maintain steady growth over next three years – Bridgewater Advisors
It pointed out that the expected decline in inflation should improve conditions for households, businesses and policymakers, supporting consumption, investment planning and policy stability. “This disinflationary trend is likely to be supported by tighter monetary and exchange rate policies, improved fiscal discipline,...
24-Hour Economy risks becoming ‘another slogan’ – GNCCI CEO warns
The CEO of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu Aboagye, has raised concerns about the viability of the proposed 24-hour economy, warning that without proper incentives and execution, it risks becoming another policy slogan.
T-bills: Government record 20% undersubscription; interest rates continue to rise
The 91-day bill was once again the most subscribed, as GH¢2.25 billion of the bids were tendered, representing 53.6% of the total bids.
Heath Goldfields unveils $20m development plan for Bogoso-Prestea communities
Mining firm, Heath Goldfields Limited, has launched a five-year Community Development Plan valued at $20 million aimed at transforming communities within the Bogoso-Prestea mining enclave in the Western Region. The initiative, according to the company, will focus on education, healthcare, infrastructure, skills develop...
Ghana likely to sign up to IMF Policy Coordination Instrument after ECF Programme ends in 2026
Ghana is likely to adopt a Policy Coordination Instrument (PCI) after completing its current Extended Credit Facility (ECF) programme in August 2026.
Inflation to average 12.8% in 2027
In its latest report on Ghana, it said a tighter-than-expected monetary policy stance by the US Federal Reserve in response to elevated inflation would weigh on global gold prices and, by extension, Ghana’s export earnings.
Private sector credit grows 41.2%; BoG governor urges banks to deepen lending
Private sector credit in Ghana grew by 41.2% in June 2026, a significant increase from the 8.6% recorded in the same period last year, as easing financial conditions begin to translate into stronger lending to businesses. Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, disclosed the development when he engaged...