Business

The Ranking Member of Parliament’s Trade and Industry Committee and MP for New Juaben South, Mr. Michael Okyere Baafi, has cautioned that the John Mahama administration is allegedly planning to cancel the One District, One Factory (1D1F) initiative introduced under former President Nana Addo Dankwa Akufo-Addo. He warned that any such move would have serious financial implications for the state …

The Deputy Minister of Food and Agriculture, John Dumelo, has announced that the government will commence the distribution of birds under its flagship poultry initiative, the ‘Nkoko Nkitinkiti’ Programme, from mid-November 2025. According to the Deputy Minister, this marks the first phase of the initiative, under which the government plans to distribute three million birds to farmers and households across …

The Ghana National Chamber of Commerce and Industry (GNCCI) has renewed its call on the government to simplify and consolidate Ghana’s complex tax regime as part of broader efforts to reduce the cost of doing business and enhance private sector growth. According to the Chamber, the introduction of a single, transparent Value Added Tax (VAT) rate system will not only …

The year-on-year Producer Price Inflation (PPI) for all goods and services in Ghana stood at 3.2% in September 2025, according to the latest data released by the Ghana Statistical Service (GSS). This marks a 0.2 percentage point increase from the 3.0% recorded in August 2025. However, it reflects a sharp decline of 27.3 percentage points compared to the same period …

story by Bequin Akua Mayollen Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, is heading a high-powered government delegation to Washington, D.C., to attend the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group. The week-long meetings, which run from Monday, October 13 to Saturday, October 18, 2025, will bring together key global financial and …

The Ghanaian cedi has emerged as Africa’s top-performing currency so far in 2025, despite recent mild depreciation pressures, according to the World Bank’s latest Africa Pulse Report. The report highlights that the cedi has appreciated by over 20 percent against major foreign currencies since the beginning of the year — the strongest performance on the continent. The World Bank attributes …

Investor confidence in Ghana’s treasury market has seen a notable rebound following the successful completion of the 5th review of the country’s programme with the International Monetary Fund (IMF). According to the Bank of Ghana’s latest trading results, treasury bills were oversubscribed by 23.5%, signaling renewed optimism in the government’s short-term debt instruments. Strong Demand Returns The government targeted GH¢5.269 …

The Bank of Ghana’s September 2025 Monetary Policy Report has revealed that government spending for the first seven months of the year was kept below target, reflecting improved fiscal discipline and stronger expenditure controls. According to the report, total government expenditure stood at GH¢131.1 billion, equivalent to 9.4% of GDP, compared to the programmed GH¢152.6 billion (10.9% of GDP). This …

The International Monetary Fund (IMF) is expected to announce a staff-level agreement with Ghana today, following the successful conclusion of the Fifth Review of the country’s $3 billion Extended Credit Facility (ECF) programme The anticipated agreement comes after two weeks of technical discussions between the IMF mission team—led by Dr Ruben Atoyan—and Ghana’s key economic managers from the Ministry of …

The World Bank has revised Ghana’s 2025 economic growth forecast upward to 4.3%, from its earlier projection of 3.9%, reflecting renewed optimism about the country’s economic recovery. The update was revealed in the October 2025 edition of Africa’s Pulse, the Bank’s flagship regional report, released in Washington, D.C. Although the revised forecast is slightly below the 4.4% growth target set …