Economy
Stories in this category
IFC convenes 4th Family Governance Workshop to strengthen succession planning and business continuity
Family-owned businesses can strengthen long-term sustainability, preserve wealth across generations and expand their contribution to economic growth through stronger governance frameworks and structured succession planning, participants at the fourth edition of the International Finance Corporation (IFC) Family Governa...
Gov’t to crack down on fuel smuggling with new petroleum distribution measures
The government has announced sweeping reforms to tighten controls over the distribution of refined petroleum products, as it moves to tackle fuel smuggling, prevent revenue leakages and strengthen compliance in the downstream petroleum sector. Presenting the 2026 Mid-Year Budget Review in Parliament, Finance Minister D...
Cyberattacks now an existential risk for digital businesses – e-Crime Bureau founder
Founder and Executive Chair of e-Crime Bureau, Dr. Albert Antwi-Boasiako, says cyberattacks have become an existential risk for businesses operating in the digital economy.
Government’s job programmes failing to tackle youth unemployment — Oppong Nkrumah
The Ranking Member on Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah has expressed concern over the worsening youth unemployment situation in the country, arguing that government’s flagship employment initiatives are yet to make meaningful impact on the growing crisis. Delivering a statement in Par...
The Vanishing Crisis: Inside the Equity Savings and Loans crisis
thousands of customers whose savings are trapped as questions mount over a licensed financial institution that has gone silent. many of those making enquiries are young people who claim to have substantial sums of money locked up with the institution. Multiple attempts to reach company officials were unsuccessful. Call...
Consumer spending records strong performance in January 2026, but construction sector activities declined – BoG
Also, activities in the manufacturing sub-sector, gauged by trends in the collection of direct taxes and private sector workers’ contributions to the Social Security and National Insurance Trust (SSNIT) Pension Scheme (Tier-1), recorded a positive performance in January 2026.
Ghana’s crisis-to-recovery journey holds key lessons for Africa – BoG Governor
The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has said Ghana's recovery from recent economic challenges demonstrates the importance of developing resilient domestic debt markets to strengthen economic stability across Africa. Speaking at the Bank for International Settlements (BIS) Roundtable of Governors...
‘We woke up to the announcement’ – GUTA slams lack of consultation on utility tariff hike
The Ghana Union of Traders Association (GUTA) has criticised the lack of consultation surrounding the announced utility tariff adjustment.
Accountant General’s Department dismisses claims that GH¢11bn has been spent on Accra-Kumasi expressway
In a statement, the Department explained that while funds earmarked for the flagship expressway project were transferred from the Consolidated Fund to Accra-Kumasi Expressway Limited, the transfer does not mean the money has been spent on construction.
T-bills auction: Government records 60% oversubscription but at higher cost; interest rates hit nearly 13%
This time around majority of the bids came from the 364-day bill, representing 73% of the total bids.
Ghana touted as a dynamic healthcare & pharmaceutical market in West Africa
Speaking at the launch of the West Africa Pharma & Healthcare Expo 2026, Mr. Singh said the country imports a substantial volume of pharmaceuticals, medical devices, laboratory equipment, healthcare technologies, and hospital supplies annually, creating immense opportunities for international partnerships, technology t...
We are wasting money – Prof Peter Quartey says Ghana is paying billions for failure to prevent floods
Ghana is paying a heavy economic price for its failure to prevent flooding, with billions of cedis being lost through poor planning, weak investment and ineffective infrastructure, economist Prof Peter Quartey has warned.