Economy
Stories in this category
Expensive power is weakening the cedi – Prof Ebo Turkson warns manufacturing is losing ground
Ghana risks losing the recent stability of the cedi if it fails to make its manufacturing sector more competitive, Economist Prof. Festus Ebo Turkson has warned.
World Bank increases Ghana’s growth rate for 2026 to 4.8%
The Bretton Woods institution is also increasing its 2027 growth rate for Ghana to 4.9% from the January 2026 forecast of 4.8%, and 5.0% GDP growth in 2028.
Number of jobs advertised falls in quarter one 2026 – BoG
In total, 2,818 job adverts were recorded as compared with 3,388 for the same period in 2025, indicating a decline of 16.8% year-on-year.
Producer price inflation for June 2026 drops to 3.5%
According to data from the Ghana Statistical Service (GSS), the Month-on-Month (M-o-M) change in the PPI for May 2026 was -3.7%.
We’ve signed $5.5bn with co-development partners to transform Ghana’s economy, 1.7m jobs to be created – 24-Hour Economy Secretariat
Though it acknowledged Mr. Oppong-Nkrumah’s question about what the 24-Hour Economy has delivered, and the subsequent reportage is fair and deserves a factual answer, the statement argued that the 24H+ Programme is Ghana's programme for structural economic transformation: producing more of what we consume and exporting...
BoG unveils plan to turn remittances into Ghana’s next investment engine
Bank of Ghana (BoG) Governor, Dr Johnson Asiama, has outlined an ambitious strategy to transform remittance inflows into a major source of investment capital and foreign exchange for Ghana.
Upside risks remain despite ease in inflation – Deloitte
It added that the easing core inflation and anchored expectations suggest any near-term rise in inflation should be temporary, with pressure concentrated in utilities, fuel and seasonal food items.
Economy can’t be performing well if government is borrowing to pay salaries – Gideon Boako
The Deputy Ranking Member on Parliament's Finance Committee and Member of Parliament for Tano North, Dr Gideon Boako, has questioned the government's claims of strong economic performance, arguing that an economy cannot be described as healthy if it continues to borrow to finance recurrent expenditure such as public se...
Cocoa farmers spared another blow as gov’t rejects price cut despite global slump – COCOBOD
Cocoa farmers have been spared another potential loss in income after government decided against reducing the producer price, despite a downturn in international cocoa prices.
Mahama pledges better pensions as economy recovers
President John Dramani Mahama has assured retired workers that his government will improve pension benefits as Ghana’s economy recovers, saying senior citizens will share in the gains of the country’s economic growth. Speaking at the Republic Day Senior Citizens’ Luncheon in Accra, President Mahama said his administrat...
Business leaders, entrepreneur-supportive companies, and diplomatic corps honoured at GEA 2026
The 16th edition of the Ghana Entrepreneurs Awards 2026 was held at the plush Mövenpick Ambassador Hotel in Accra, bringing together leading business figures, policymakers, members of the diplomatic corps, and industry stakeholders to celebrate excellence in entrepreneurship. About 30 top entrepreneurs, entrepreneur-su...
“Flying with two wings”: Africa’s opportunity to strengthen economic governance
Elsie Addo Awadzi, Visiting Fellow of Blavatnik School of Government, University of Oxford, and former Deputy Governor at the Bank of Ghana, outlines the opportunity cost of failing to give women leaders meaningful authority in Africa’s most powerful institutions and her proposal for a forthcoming Women in Economic Gov...