Economy
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Ghana believes in its entrepreneurs – GEA CEO reaffirms commitment to SMEs
The CEO of the Ghana Enterprises Agency (GEA), Margaret Ansei, has reaffirmed government's commitment to strengthening Ghana's Micro, Small and Medium Enterprises (MSMEs).
BoG explanations on losses lack credibility and clarity – Bawumia’s spokesperson
A spokesperson for Dr Mahamudu Bawumia, the opposition New Patriotic Party (NPP) 2028 flagbearer has accused the Bank of Ghana of lacking transparency over its financial reporting and defended criticism of recent losses posted by the central bank. Dr Ekua Amoakoh, speaking on The Forum on Asaase Radio, questioned the h...
Republic Bank targets affordable home ownership through JoyNews Habitat Fair
Republic Bank Ghana is positioning the JoyNews Habitat Fair as a platform to expand access to mortgage financing and help more Ghanaians navigate the path to home ownership, particularly low- and middle-income earners. The bank, which is the title sponsor of the JoyNews Habitat Fair, says it has structured mortgage pro...
Ghana’s reliance on Dubai for gold exports leaves cedi exposed as Iran conflict disrupts trade
The Ghanaian cedi could face renewed pressure if the ongoing conflict in the Middle East continues to disrupt air traffic in the region. Ghana sends more than 72% of its small-scale gold exports to Dubai, making the emirate by far the country’s most important destination for the trade. In 2025, Ghana exported 103,804 k...
T-bills auction: Government records 80% oversubscription for first time in 2 months; interest rates mixed
The 91-day bill was once again the most subscribed bill as GH¢5.7 billion of the bids were tendered, representing 73% of the total bids. The uptake was, however, GH¢4.3 billion.
IMF debt assessments failed to fully capture Ghana’s mounting crisis risks – Maxwell Opoku-Afari
Ghana’s descent into debt distress in 2022 was preceded by years of warning signs that were visible but were not sufficiently reflected in assessments of how quickly the economy could tip into crisis, a new policy paper by former First Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku-Afari, has argued. The study...
Economic stability achieved, focus now shifts to production – Isaac Adongo
Chairman of Parliament’s Finance Committee and Bolgatanga Central MP, Isaac Adongo, says the government’s immediate economic priority in 2025 was to restore stability to key macroeconomic indicators, even if the measures created temporary difficulties for businesses.
Middle East conflict could soon hit Ghana’s factories, says AGI president
Global conflicts and supply chain disruptions could soon affect Ghana’s manufacturing sector if tensions persist, President of the Association of Ghana Industries (AGI), Seth Twum Akwaboah, has warned.
Ghana has not moved beyond macroeconomic stability since 1992 – Prof Godfred Bokpin
Professor Godfred Bokpin of the University of Ghana has said Ghana’s economy has struggled to move beyond macroeconomic stability since 1992, despite repeated efforts to restore confidence and sustain economic growth.
Ghana’s output expansion largely driven by labour, capital rather than innovation – Opoku-Afari
He pointed out that borrowing was frequently framed as financing for infrastructure and flagship programmes.
Eurobond borrowings over 2007-2021 used for budget financing; Ghana borrowed US$15.59bn – Opoku-Afari
In an article titled “How not to Miss a Crisis: Lessons from Ghana”, Dr. Opoku-Afari who is a Non-Resident Fellow of Finance for Development Lab said Ghana’s public debt had surged from about 63% of Gross Domestic Product (GDP) in 2019 to about 93% by the end of 2022 at the time of the IMF-supported programme approval...
AI offer lifeline to developing economies in an era of weak growth – World Bank
“AI has thrown developing economies a lifeline, and they should seize it”, said Indermit Gill, Senior Vice President and Chief Economist of the World Bank Group. “They do not need large models or big data centers to reap its benefits. By adapting small, low-cost AI tools to local conditions, they can bring better medic...