Business

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 …

The number of job advertisements in Ghana fell significantly in June 2025, according to the latest Monetary Policy Report released by the Bank of Ghana (BoG). Data from the report show that 2,502 job vacancies were advertised in selected print and online media in June, marking a 15.7% drop compared to 2,968 vacancies in June 2024. The figure also reflects …

Story by Doris Sarpong Consumers should anticipate a marginal increase in the prices of petroleum products at the pumps starting Wednesday, October 1, 2025, according to an industry outlook. The anticipated adjustment is driven primarily by two key factors: rising global petroleum product prices and the continued depreciation of the Ghanaian cedi. According to the COMC, petrol prices are projected …

Story by Doris Sarpong Consumers should anticipate a marginal increase in the prices of petroleum products at the pumps starting Wednesday, October 1, 2025, according to an industry outlook. The projected adjustments are based on the latest pricing review from the Chamber of Oil Marketing Companies (COMC), which guides its member companies. The report cites rising international product prices and …

DStv subscribers in Ghana are set to enjoy significantly enhanced service offerings after what the government has described as a major concession by MultiChoice Africa. The announcement was made by the Minister for Communication, Digital Technology, and Innovations, Hon. Samuel Nartey George, during a press briefing on Monday, September 29. He revealed that MultiChoice Africa has agreed to provide an …

Finance Minister Dr. Cassiel Ato Forson has confirmed that the Deloitte audit report on the Development Bank Ghana (DBG) will be formally submitted to the Attorney General’s Department for potential legal action. The move, he said, marks a decisive step toward restoring public trust and institutional integrity at the state-backed lender. The decision follows consultations with major development partners — …

Source: GNA The Government of Ghana has officially inaugurated a 26-member National Technical Steering Committee for E-Commerce, marking a decisive step towards building a resilient and inclusive digital trade ecosystem that aligns with national development goals and global best practices. The Committee, launched on Wednesday, comprises representatives from key sectors, including government ministries, the private sector, logistics, healthcare, and technology. …

The Electricity Company of Ghana (ECG) has announced a significant improvement in revenue mobilisation, recording its highest-ever monthly revenue of GH₵1.74 billion in July 2025. Briefing Parliament’s Energy Committee on the utility’s performance and ongoing reforms, acting Managing Director, Engineer Julius Kpekpena, said the milestone is the result of deliberate internal measures aimed at tightening financial controls and plugging revenue …

The World Bank has advised the Government of Ghana to shift its financing strategy by relying more on concessional external funding—particularly from the International Development Association (IDA)—rather than continuing to depend on high-cost domestic borrowing to fund capital projects. Speaking at the launch of the World Bank’s 2025 Policy Notes: Transforming Ghana in a Generation in Accra on Wednesday, September …

The Ministry of Energy and Green Transition has announced an ambitious plan to achieve net-zero emissions by 2070, with the estimated cost of transition exceeding $500 billion. To mobilize the necessary investment, the Ministry is set to introduce tax incentives for renewable energy projects and streamline regulations to attract increased private sector participation. This was revealed at the West Africa …