Business

The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has reaffirmed the central bank’s commitment to consolidating recent macroeconomic gains and strengthening long-term resilience within Ghana’s financial system. Speaking at a meeting with the UK-Ghana Chamber of Commerce at Bank Square on Monday, February 23, 2026, Dr. Asiama stated that disciplined monetary policy and regulatory reforms are beginning …

Vice President Professor Jane Naana Opoku-Agyemang has announced that preparations for the rollout of the government’s flagship Women’s Development Bank are at an advanced stage. Speaking at the 65th End-of-Year Gathering and General Meeting of the Greater Accra Markets Association (GAMA), she disclosed that a two-day workshop has been convened to finalise key implementation strategies for the initiative. “Women are …

The government has announced comprehensive reforms to overhaul Ghana’s cocoa sector after a review uncovered eight years of financial mismanagement at the Ghana Cocoa Board (COCOBOD). Finance Minister Dr. Cassiel Ato Forson said the wide-ranging measures are designed to guarantee fair prices for farmers, strengthen the sector’s financial position, and ensure long-term sustainability. Immediate Support for Farmers As part of …

The government has directed the Attorney General and Minister for Justice, Dr. Dominic Ayine, to initiate a comprehensive investigation into the finances and operations of the Ghana Cocoa Board (COCOBOD) over the past eight years. The directive was announced on Thursday, February 12, by Finance Minister Dr. Cassiel Ato Forson during a press briefing outlining measures to stabilise the cocoa …

From February 1, 2026, the Customs Division of the Ghana Revenue Authority (GRA) will begin deploying an artificial intelligence (AI)-powered system to enhance import clearance at the country’s entry points, starting with the Tema Port. The new system, known as the AI-powered Publican Trade Solution, is expected to increase customs revenue by between 40 and 45 per cent, while significantly …

Governor of the Bank of Ghana, Dr Johnson Asiama, has described 2025 as one of the most challenging periods for Ghana’s economy, saying it required difficult decisions, careful policy sequencing and sustained institutional discipline. Speaking at the Bank of Ghana’s New Year media briefing in Accra on Friday, January 16, Dr Asiama said the year was characterised by significant economic …

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has announced plans for a targeted policy workshop aimed at improving the Domestic Gold Purchase Programme (DGPP) to align it with global best practices. According to Dr Asiama, the Central Bank will collaborate with the GoldBod and the Ministry of Finance to convene the workshop, which will bring together …

Fitch Solutions is forecasting robust economic growth for Ghana in 2026, predicting that the country will outperform many of its emerging-market peers. The UK-based research and risk-analysis firm attributes its optimistic outlook to Ghana’s solid macroeconomic performance in 2025, with expectations that the momentum will carry into the next year. Speaking at the 2026 PricewaterhouseCoopers (PwC) post-budget forum held on …

Bribery in Ghana is declining, but informal payments—often presented as gestures of appreciation—continue to impose substantial hidden costs on businesses, according to new data from the Ghana Statistical Service (GSS). Findings from the Governance Series Wave 2 show that direct bribery has dropped from 18.4% to 14.3%, while voluntary or “appreciation” payments have almost doubled, rising sharply to 32.9%. Similarly, …

The Public Interest and Accountability Committee (PIAC) has elected Mr. Richard Ellimah, a Natural Resource Governance and Community Analyst, as its new Chair for a one-year term from November 2025 to November 2026. Mr. Ellimah, a PIAC member representing Civil Society Organisations (CSOs) and Community-Based Organisations (CBOs), was elected on Wednesday, November 12, 2025, succeeding Constantine K. M. Kudzedzi, Esq. …