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Economy

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If implemented to the letter, 24-Hour Economy will be a game changer – AGI
Aug 14

If implemented to the letter, 24-Hour Economy will be a game changer – AGI

The Association of Ghana Industries (AGI) has welcomed government’s 24-Hour Economy policy, saying its successful implementation could significantly transform Ghana’s industrial sector.

Cedi extends depreciation trend for past two weeks; one dollar equals GH¢11.85 at forex bureaus
Charles Nixon
·Apr 28

Cedi extends depreciation trend for past two weeks; one dollar equals GH¢11.85 at forex bureaus

The Ghana cedi extended its depreciation trend over the past two weeks, but with notably milder swings. The local currency recorded volatility of approximately 0.5% compared to a historical weekly average of approximately 2.1%. In the interbank market, the Ghana cedi weakened by 0.54% to a mid-rate of GH¢11.09 against...

Economic diplomacy is my top KPI – Zita Benson defends aggressive push to attract UK capital
Abubakar Ibrahim
·Apr 24

Economic diplomacy is my top KPI – Zita Benson defends aggressive push to attract UK capital

Ghana’s High Commissioner to the United Kingdom, Sabah Zita Benson, has defended her strong push to attract capital from the UK, insisting that economic diplomacy remains the top priority of her mandate.

Ghana’s exports to UK choke on certification barriers – High Commissioner reveals
Abubakar Ibrahim
·Apr 24

Ghana’s exports to UK choke on certification barriers – High Commissioner reveals

Ghana’s High Commissioner to the United Kingdom, Sabah Zita Benson, has revealed that certification hurdles remain a major obstacle for Ghanaian exports entering the UK market.

Ghana eyes bigger share of UK market under tariff-free deal, says Zita Benson
Abubakar Ibrahim
·Apr 24

Ghana eyes bigger share of UK market under tariff-free deal, says Zita Benson

Ghana’s High Commissioner to the United Kingdom, Sabah Zita Benson, says efforts are underway to deepen trade ties and ensure Ghana fully benefits from its agreement with the UK.

Bank of Ghana’s mandate should be price stability and nothing else – Dr Nsafoah
Charles Nixon
·May 17

Bank of Ghana’s mandate should be price stability and nothing else – Dr Nsafoah

He suggested that the solution is to improve coordination between institutions responsible for macroeconomic stability and those responsible for structural transformation and employment creation, and not to dilute the mandate of the Bank of Gha

Tony Elumelu appointed chairman of Seplat Energy
Charles Nixon
·Jun 10

Tony Elumelu appointed chairman of Seplat Energy

The board has also appointed Engr. Effiong Okon as Chief Executive Officer commencing 1st August 2026

Auto Bridge Ghana enters market to simplify vehicle importation and sales
Abubakar Ibrahim
·May 4

Auto Bridge Ghana enters market to simplify vehicle importation and sales

Auto Bridge Ghana, a vehicle sourcing and importation company, has officially entered the Ghanaian automotive market with a mission to make it easier for individuals and car dealers to access quality vehicles from the United States.

PBC secures GH₵30m financing facility to pay cocoa farmers
Lawrence Segbefia
·May 19

PBC secures GH₵30m financing facility to pay cocoa farmers

The Produce Buying Company (PBC) says it has secured a financing facility backed by a GH₵30 million credited cocoa stock to enable it pay farmers promptly amid ongoing liquidity challenges within Ghana’s cocoa sector. The move comes at a time several Licensed Buying Companies (LBCs) continue to struggle with severe cas...

McDan calls for stronger protection of Ghanaian businesses
Lawrence Segbefia
·Apr 23

McDan calls for stronger protection of Ghanaian businesses

Executive Chairman of the McDan Group, Daniel McKorley, says government must do more to protect the private sector, insisting that local businesses are taking the risks needed to drive Ghana’s economy and should not be left exposed. Speaking at the launch of the 10th Ghana CEO Summit in Accra, Mr. McKorley said Ghana’s...

Ghana’s reset agenda anchored on financial health — Finance Minister
Lawrence Segbefia
·Apr 23

Ghana’s reset agenda anchored on financial health — Finance Minister

Finance Minister, Dr. Cassiel Ato Forson, has underscored the centrality of “financial health” in the country’s economic transformation following a high-level engagement with Queen Máxima of the Netherlands, the United Nations Secretary-General’s Special Advocate for Financial Health. Describing the meeting as a distin...

AfDB forecasts 5% GDP growth for Ghana as macroeconomic indicators strengthen
David Apinga
·May 28

AfDB forecasts 5% GDP growth for Ghana as macroeconomic indicators strengthen

The African Development Bank (AfDB) has projected a robust economic expansion for Ghana, forecasting the country’s Gross Domestic Product (GDP) to grow by 5.0 per cent in 2026.

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