Economy
Stories in this category
Economy faced significant slowdown in liquidity expansion in 2025 – BoG
According to the March 2026 Monetary Policy Report by the Bank of Ghana, this outcome reflected a decline in contributions from Net Foreign Assets (NFA), while the contribution of Net Domestic Assets (NDA) remained moderate, consistent with low liquidity creation in the banking system.
Bitter times for cocoa farmers as chocolate market slumps
The price of chocolate bars has shot up across the world over the past year, meaning they can feel like a luxury - yet West Africa's cocoa farmers have not been reaping the benefit.
Theo Acheampong says correlation between gold boom and Ghana’s economic buffer is positive
Economist and political risk specialist Dr Theo Acheampong, now Technical Advisor at the Ministry of Finance, says Ghana’s gold windfall presents a clear opportunity to build economic strength — and the data shows why.
Are we tying down growth? – Finance professor flags on gold reserve policy
Associate Professor of Finance at Andrews University in the United States, Prof William Kwasi Preprah, has questioned whether Ghana’s aggressive reserve policy risks locking up funds needed for immediate development.
Tamed Tiger or Sleeping Giant? Inflation’s dramatic fall and its role in Ghana’s economic resurgence
The drama of the Elizabethan stage, immortalised by William Shakespeare in his riotous comedy, The Taming of the Shrew, has a surprising parallel in Ghana’s current economic landscape. The formidable Katherina, that untamed shrew of Padua whose tongue lashed like a whip and whose spirit roared fiercer than any tiger, m...
Invest in Ghana’s garment industry for job creation – Expert urges gov’t
Global textile expert Rajesh Golani has called for stronger government intervention to stabilise and expand Ghana’s garment manufacturing sector, highlighting its potential to drive large-scale employment and industrial growth.
US–Israel–Iran Conflict: GSA warns of higher freight charges due to global shipping disruptions
The Ghana Shippers Authority (GSA) is warning importers and exporters in Ghana to prepare for higher shipping costs and possible delays following disruptions to global maritime trade caused by the escalating conflict involving the United States, Israel and Iran. In a notice to shippers, the Authority said the conflict,...
The losses were necessary – Manteaw defends GoldBod’s costly push to win Ghana’s gold market
Co-Chair of the Ghana Extractive Industries Transparency Initiative (GHEITI), Dr Emmanuel Steve Asare Manteaw, has defended the financial losses incurred by the Ghana Gold Board (GoldBod), describing them as necessary costs in its bid to take control of the country’s gold market.
Mining communities must be treated as development partners and economy shareholders – Sammy Gyamfi
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has called for greater local ownership and participation in Ghana’s mining industry, arguing that communities where mineral resources are extracted must benefit more directly from the wealth generated.
Inflation falls to 3.3% in February, lowest since 2021 rebasing
Ghana's inflation rate fell further to 3.3 per cent in February 2026, down from 3.8 per cent in January and a dramatic decline from 23.1 per cent recorded in the same month last year, the Ghana Statistical Service (GSS) has announced. The latest Consumer Price Index (CPI) data, released by the GSS, shows the country's....
Government Increases Cocoa Price by 4.15% to GHS3,228 Per Bag
The Producer Price Review Committee (PPRC) has announced a modest increase in the producer price of cocoa to GHS3,228.75 per 64kg bag for the 2025/2026 season, building on the significant gains made under the NPP government between 2021 and 2025. The new price—equivalent to GHS51,660 per tonne—takes effect on Thursday, August 7, 2025. This latest […]
Sam George Orders NCA to Suspend DStv Licence by August 7 Over Pricing
Minister for Communication, Digital Technology and Innovations, Samuel Nartey George (MP), has issued a stern ultimatum to MultiChoice Ghana, operators of DSTV. The National Communications Authority (NCA) has been instructed to suspend DSTV’s broadcasting licence by Thursday, August 7, 2025, should the company fail to comply with demands to reduce subscription fees. Minister George delivered […]