The Ghana National Chamber of Commerce and Industry (GNCCI) has called on government to take decisive and urgent measures to strengthen the competitiveness of local firms, sustain economic growth, and reduce dependence on International Monetary Fund (IMF) support. Speaking at the 49th Annual General Meeting (AGM) in Accra, GNCCI President Mr. Stephane Miezan warned that Ghana risks losing its market advantage if domestic enterprises are not adequately equipped to compete under changing global trade conditions.

Africa is bleeding an estimated $5 billion every year—not from corruption or capital flight, but from foreign exchange fees paid to non-African intermediaries for conducting trade within its own borders. The revelation, described as a “silent injustice,” was made by Dr. Tsotetsi Makong, Director for Coordination and Programmes at the African Continental Free Trade Area (AfCFTA) Secretariat, during the…

The Ghana Stock Exchange (GSE) recorded its busiest trading session of the week on Thursday, October 23, with over 1.6 million shares changing hands amid a wave of profit-taking following recent market gains. Trading volume reached 1,606,700 shares, valued at GH¢4.34 million, underscoring renewed investor activity across key financial and telecom stocks. The GSE Composite Index (GSE-CI)

In a decisive step toward bringing digital currencies under formal oversight, the Bank of Ghana (BoG) has completed work on a comprehensive cryptocurrency regulation bill, aiming to establish Ghana’s first official framework for digital assets by December 2025. Governor Dr. Johnson Asiama, speaking at the 42nd Annual General Meeting of the Ghana Association of Bankers, described the bill as a cornerstone in Ghana’s transition to a secure and innovative digital financial ecosystem.

Global gold prices climbed on Thursday, staging a rebound after their steepest weekly loss in over five years. Renewed geopolitical tensions, Russia-related sanctions, and growing expectations of U.S. interest rate cuts reignited safe-haven demand for the precious metal. Gold Recovers After Sharp Sell-Off Spot gold rose 0.6% to $4,119.54 per ounce by 07:20 GMT, while U.S. gold futures also gained ground.

Ghana’s decision to raise the 2025 National Daily Minimum Wage (NDMW) by 10% to GH₵19.97 is more than just a wage adjustment — it is a test of how far economic recovery can stretch to meet the twin demands of fairness and competitiveness. For the country’s low-wage earners, the increase offers modest relief against persistent cost-of-living pressures. For employers, it represents another addition to an already complex web of operating costs.

The government’s announcement that it will double spending on road infrastructure in the 2026 budget marks a pivotal moment in Ghana’s post-crisis economic recovery. After years of fiscal tightening and macroeconomic turbulence, the shift toward expansionary capital investment — particularly in roads — signals a return to growth anchored in confidence, prudence, and inclusion. Deputy Finance Minister Thomas Nyarko Ampem…

Accra, October 22, 2025 — Ghana has been ranked the fifth most indebted country in Africa to the International Monetary Fund (IMF), according to the Fund’s latest October 2025 financial disclosure. The report shows that Ghana’s outstanding loan stands at 2.59 billion Special Drawing Rights (SDR) — roughly equivalent to $3.38 billion, based on current exchange rates. Egypt Tops the List…

The National Food Buffer Stock Company (NAFCO) was never meant to make headlines for scandal. When it was established on March 11, 2010, under Ghana’s Companies Code (Act 179), it carried one of the most critical mandates in the nation’s agricultural policy — to ensure food security, stabilize prices, and guarantee market access for local farmers. But fifteen years later, the institution that once symbolized Ghana’s dream of self-sufficiency in food production has become a cautionary tale of how weak oversight, political interference, and corruption can destroy public trust in state-run enterprises.

When Ghana’s Bureau of National Investigations (BNI) took custody of Gifty Oware-Mensah, former Deputy Executive Director of the National Service Authority (NSA), the moment marked more than just another corruption case making its way through the courts. It symbolized a reckoning — one that speaks volumes about the fragility of public trust, institutional oversight, and the political will to confront corruption within the state machinery.

The Bank of Ghana (BoG) raised GH¢7 billion in its latest short-term bill auction at an average yield of 21.46%, underscoring its continued commitment to tight monetary policy and inflation control. The auction, held on October 20, 2025, covered 56-day BoG bills and attracted strong investor demand, with bids ranging between 20.00% and 20.81% — all accepted in full, according to the central bank’s auction summary.

The Peasant Farmers Association of Ghana (PFAG) has sounded the alarm over growing financial distress among local rice farmers, warning that inadequate funding for the National Food Buffer Stock Company (NAFCO) has left large volumes of unsold rice on the market — creating a glut and threatening the future of domestic rice production. According to PFAG Acting Executive Director, Bismark Nortey…

Building Tomorrow: Ghana’s Road to the Future Across Ghana, cranes rise, bulldozers roar, and concrete mixers hum — symbols of a nation under construction. From massive road networks to energy expansion, digital connectivity, and housing projects, Ghana’s infrastructure revolution is quietly redefining its future. Walk through Accra’s Pokuase Interchange, the largest in West Africa, and you’ll see more than traffic management — you’ll see progress.

Walk through Makola Market on a busy weekday morning, and you’ll see the true face of Ghana’s economy. Traders balancing boxes of goods, seamstresses stitching Ankara dresses, tech entrepreneurs pitching ideas in cafés, and street vendors serving hot waakye to customers on the go. These are not just individuals making a living — they are the backbone of Ghana’s economy.

1. The Promise of Partnership Walk through the streets of Accra, Tema, or Kumasi, and you’ll see the footprints of global partnerships everywhere — banks from South Africa, supermarkets from France, telecom firms from the UK, and factories built with Chinese capital. Foreign Direct Investment, or FDI, is not just about money. It’s about the flow of ideas, expertise, and opportunity.

1. When Black Gold Was Found On a bright day in June 2007, Ghana made headlines across the world. The discovery of the Jubilee Oil Field — estimated to hold nearly 1.8 billion barrels of oil — was celebrated as a turning point. For a country that had relied heavily on cocoa, gold, and remittances, oil promised new wealth, jobs, and global attention.

1. Cocoa and the Ghanaian Story If gold gave Ghana its name, cocoa gave it its character. From the red soils of Akwapim to the green fields of Ashanti and Brong-Ahafo, cocoa has shaped livelihoods, built schools, and paid for generations of education. Ghana’s relationship with cocoa is not merely economic — it’s cultural. It tells the story of perseverance, trade, and transformation.

The Bank of Ghana (BoG) has absorbed GH¢65 billion from circulation since the beginning of 2025 — a massive monetary tightening effort that Governor Dr. Johnson Asiama describes as “a costly but necessary sacrifice” to preserve macroeconomic stability and keep inflation in check. Speaking at the Governor Talks Programme on the sidelines of the IMF/World Bank Annual Meetings in Washington, D.C., Dr.

Ghana will begin formal regulation of cryptocurrency before the end of this year, according to Dr. Johnson Asiama, Governor of the Bank of Ghana (BoG). The announcement marks a major step toward bringing digital assets under national financial supervision amid their growing use in remittances and informal currency exchange markets. Dr. Asiama revealed that a Virtual Assets Bill…

First National Bank Ghana is celebrating a decade of operations in the country — ten years marked by innovation, customer-centric growth, and a steady push toward digital transformation in Ghana’s financial landscape. Since entering the market in 2015, the bank has remained true to its purpose: to help Ghanaians achieve their financial aspirations. Chief Executive Officer Warren Adams described the milestone as a testament to the bank’s resilience and unwavering commitment to driving financial progress across the nation.

Ghana’s government fell dramatically short of its Treasury bill target last week, missing its mark by 55%—the steepest undersubscription recorded this year. According to data released by the Bank of Ghana, the government secured only GH¢2.92 billion in bids against a target of GH¢6.57 billion, a sharp reversal from the 23% oversubscription achieved the previous week. Out of the total bids tendered, …

1. Introduction: Democracy Begins at the Local Level While national elections often dominate headlines in Ghana, it is local government elections that bring democracy closest to the people. These elections, held periodically across the country, determine who represents citizens at the district, municipal, and metropolitan levels — where decisions directly affect daily lives. Local government elections may not attract the same fanfare as presidential or parliamentary polls, but they are…

1. Introduction: Political Parties as Pillars of Ghana’s Democracy Since attaining independence in 1957, Ghana’s political history has been shaped by the formation, dissolution, and rebirth of political parties. Political parties are the engines of democracy — they translate public will into policy, organize governance, and provide citizens a voice in national direction. From the Convention People’s Party (CPP)

1. Introduction: The Guardian of Ghana’s Democracy Free, fair, and transparent elections form the cornerstone of any democracy — and in Ghana, the institution responsible for ensuring this is the Electoral Commission (EC). Established under the 1992 Constitution, the EC serves as the independent body mandated to organize, oversee, and regulate all public elections and referenda in Ghana.

1. Introduction: Parliament as the Heart of Democratic Governance At the center of Ghana’s democracy stands Parliament, the institution that translates public aspirations into binding laws. As one of the three arms of government established under the 1992 Constitution, Parliament plays a vital role in shaping the nation’s legal and policy landscape. Beyond debating bills and passing laws, Parliament serves as a…