Business

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. …

Bank of Ghana Governor, Dr. Johnson Asiama, has emphasized that safeguarding the stability of the Cedi is a shared national responsibility, urging Ghanaians across all sectors to play their part. He made the appeal during the Cedi@60 Conference in Accra, where policymakers, economists, and industry leaders gathered to reflect on Ghana’s national currency over the past 60 years. “Protecting the …

President John Dramani Mahama has lauded the management of Ghana’s currency, emphasizing that the Cedi has regained respect both locally and internationally. Speaking at the Cedi@60 celebration organized by the Bank of Ghana in Accra, under the theme “Sovereignty, Stability, and Economic Resilience,” President Mahama commended the efforts of the Bank of Ghana and the Ministry of Finance in stabilizing …

President John Dramani Mahama has highlighted the symbolic significance of Ghana’s cedi, describing it as more than just a medium of exchange. He emphasized that the cedi embodies Ghana’s independence, national identity, and the country’s ability to manage its own monetary affairs. Speaking at the Cedi @ 60 Conference in Accra, a gathering of policymakers, economists, and industry leaders reflecting …

President John Dramani Mahama has appointed Dr. Martin Kolbil Yamborigya as the Acting Commissioner of the Domestic Tax Revenue Division (DTRD) of the Ghana Revenue Authority (GRA), effective Monday, November 17, 2025. Dr. Yamborigya takes over from Mr. Edward Apenteng Gyambrah, who recently retired after years of service in Ghana’s revenue administration. A Veteran in Tax Administration A respected tax …

The 2026 Budget Statement and Economic Policy presented by Finance Minister Dr. Cassiel Ato Forson on Thursday, November 13, 2025, outlines an ambitious plan aimed at economic transformation, job creation, social development, and fiscal stability. Here are the key highlights: 1. Job Creation: 800,000 New Opportunities The government’s infrastructure and industrial initiatives are expected to generate up to 800,000 new …

The 2026 Budget Statement and Economic Policy presented by Finance Minister Dr. Cassiel Ato Forson on Thursday, November 13, is set to create up to 800,000 new jobs across multiple sectors of the economy. Dr. Forson explained that the government’s infrastructure and industrial initiatives will be the primary drivers of employment growth. Key Employment Drivers Big Push Road Initiative: The …

The government is set to modernise agriculture and strengthen mechanisation across Ghana through the Farmer Service Centres initiative, Finance Minister Dr Cassiel Ato Forson announced during the 2026 Budget Statement presentation in Parliament on Thursday, November 13. Dr Forson said the government will distribute over 4,000 units of agricultural machinery to 50 selected agricultural districts, aiming to increase productivity, reduce …