Ghana's business environment has made notable progress in recent years, but there are still significant challenges holding back the growth of new and small businesses. IMANI's Economic Report (March 2025) highlights that while the country has a solid legal framework for business startups, practical issues like high costs and lengthy registration processes remain major hurdles for entrepreneurs. Regulatory Framework: Strengths and Weaknesses…

Ghana is set to begin large-scale iron ore mining by the end of 2025, as the Shieni Iron Ore Project moves forward under the leadership of Emmerland Resource Limited. The initiative seeks to reduce the country’s reliance on imported steel, boost local production, and create jobs. The project is led by Emmerland Resource Limited, a Ghanaian company licensed to mine iron ore deposits in Shieni, Northern Region.

Ghana's inflation report for March 2025 highlights regional differences, with the Upper West Region experiencing the highest inflation rate at 36.2%, while the Volta Region recorded the lowest at 18.9%. According to the Ghana Statistical Service (GSS), the country’s overall inflation rate dropped to 22.4% in March from 23.1% in February, but inflation remained unevenly distributed across the regions.

Ghana’s Consumer Price Index (CPI) for March 2025 shows a year-on-year inflation rate of 22.4%, but regional variations reveal stark economic inequalities for consumers. The CPI rose to 256.5 in March 2025 from 209.5 the previous year, emphasizing major differences in cost-of-living increases across the nation. The Upper West region experienced the steepest price surge, with an inflation rate of 36.2%, driven largely by significant hikes in food and essential goods.

The Chamber of Oil Marketing Companies (COMAC) has announced that petrol and diesel prices will rise by 2% and 1.1%, respectively, while liquefied petroleum gas (LPG) prices will drop by 0.3% in the first pricing window of April 2025. The rise is mainly due to higher global crude oil prices, with Brent crude showing a slight increase from $71.94 per barrel to $72.57 per barrel, a 0.86% gain.

Ghana has been experiencing a major shift in how we handle money, and at the forefront of this transformation is Ghipss Instant Pay (GIP). This digital payment platform has seen remarkable growth, with its transaction value skyrocketing by 233% from GHC 14.3 billion in 2023 to GHC 47.5 billion in 2024. This explosive growth showcases GIP’s growing dominance in…

Ecobank Ghana has confirmed its status as the leading bank in Ghana by Tier-1 capital, boasting a solid capital base of $228 million at the close of 2024. Featured in The Banker’s Top 100 African Banks ranking for 2024, this accomplishment highlights Ecobank Ghana’s financial stability and adaptability in an ever-changing economic environment. Access Bank Ghana came in second with a capital base of $216 million, followed by GCB Bank in third place with $212 million.

Sammy Gyamfi, the Acting Chief Executive Officer of the Precious Mineral Marketing Company (PMMC), has dismissed allegations of a potential conflict of interest in the operations of the Ghana Gold Board (Goldbod). Proponents of the conflict of interest claims, including the former Minister for Finance, Dr. Mohammed Amin Adam, believe the regulatory and commercial functions of the GoldBod is enough recipe for conflict of interest.

Ghana's gold industry is on the brink of a major transformation following the passage of the Ghana Gold Board Act by parliament. The Act is now awaiting approval from President John Dramani Mahama. Once implemented, it will replace the Precious Minerals Marketing Company (PMMC) with the newly created Gold Board. While both institutions share comparable core duties, the Gold Board is set to bring in significant new functions that could transform gold regulation, marketing, and small-scale mining in the country.

The Commonwealth Secretary-General, Shirley Ayorkor Botchwey, has urged African governments to close the trade gap with the Caribbean, warning that failing to do so could mean missing out on a lucrative multi-million-dollar opportunity. Speaking at the Leadership Conversation 2025 event organized by the University of Gold Coast, she noted the lack of direct air and maritime links between the two regions as a major barrier to trade.

ACCRA — Ghana is taking concrete steps toward re-establishing a national airline nearly two decades after the collapse of Ghana Airways, as the government seeks to restore the country’s aviation legacy and strengthen its role as a regional transport hub. Transport Minister Joseph Bukari Nikpe said a 10-member national airline taskforce is “working assiduously” to deliver on the government’s vision of flying Ghana’s own carrier again.

ACCRA — The Bank of Ghana has launched a year-long commemoration of the national currency’s 60th anniversary, portraying the cedi as a pillar of Ghana’s sovereignty and a symbol of economic resilience following years of turbulence and recovery. Dubbed “Cedi@60” and themed “60 Years of the Cedi: A Symbol of Sovereignty, Stability and Economic Resilience,” the initiative seeks to deepen public appreciation of the currency’s journey and its role in Ghana’s economic development.

For decades, economists, data scientists, and management theorists have tried to reduce business success to a formula — a neat equation of inputs and outputs. They have sought patterns, models, and predictive frameworks that explain why some firms thrive while others fail. But despite the countless studies, business schools, and scientific models, one truth remains: success in business often defies science…

In today’s competitive business environment, profitability depends as much on how companies buy as on what they sell. Across industries in Ghana and beyond, procurement — once viewed as a back-office function — has become a strategic driver of business performance, cost efficiency, and sustainable growth. For organizations navigating inflation, currency fluctuations, and global supply chain disruptions, effective procurement strategies can mean the difference between profit and loss.

Ghana’s retail sector is undergoing a defining transformation — a blend of traditional commerce, digital innovation, and shifting consumer behavior. From bustling open-air markets to sleek shopping malls and online storefronts, the country’s retail landscape reflects both resilience and reinvention. Over the last decade, the expansion of the middle class, urbanization, and mobile technology have driven new ways of buying and selling.

In the past two decades, Ghana’s private sector has witnessed a quiet but powerful transformation — the rise of homegrown conglomerates built by visionary entrepreneurs determined to redefine the country’s corporate landscape. These indigenous business groups are no longer confined to small niches; they are expanding into finance, real estate, energy, media, logistics, and agriculture — competing with multinationals and shaping Ghana’s economic future.

In Ghana’s evolving business landscape, scaling a small or medium-sized enterprise (SME) no longer requires the backing of a venture capitalist. While venture capital (VC) has fueled startup ecosystems globally—from Silicon Valley to Lagos—most Ghanaian SMEs have learned to thrive through resilience, innovation, and resource efficiency. The reality is simple: venture capital remains scarce in Ghana. Only a fraction of local SMEs ever secure equity funding.

The rise of digital payments has redefined how small businesses operate, especially across emerging markets like Ghana. From mobile money to QR code transactions, the shift away from cash has enabled thousands of entrepreneurs to access customers, streamline operations, and participate more actively in the formal economy. Over the past decade, the digital payments ecosystem has grown rapidly. Platforms such as…

The Amazon Basin — home to roughly 10 % of terrestrial carbon and 20 % of global fresh-water discharge — is now at a tipping point. Analysts warn that if deforestation and degradation are not urgently reversed, the region may shift from a global carbon sink to a net carbon source.  For the private sector, this moment demands action: not merely as corporate social responsibility, but as strategic business and financial decision-making.

Google is preparing to deepen its hardware ambitions with the next-generation of its in-house mobile processor, dubbed Tensor G5, which is set to power its upcoming flagship smartphone line. In doing so, Google signals a strategic shift: from being predominantly a software company to becoming a major player in the custom silicon race. Why this matters Google’s chip initiative began with the original Tensor on the Pixel 6, with the goal of delivering differentiated mobile experiences by tightly coupling hardware and software in areas like imaging, speech recognition, translation and on-device AI. 

1. Gabrielle Chanel: Fashion Manifesto — Victoria & Albert Museum (London) Dates: 16 September 2023 – 25 February 2024. Why it matters: This major retrospective of Gabrielle “Coco” Chanel charts her career from 1910 through 1971, exploring how she transformed women’s fashion and still influences how we dress today. Tip for Ghana-based visitors: London is accessible for major fashion trips, so consider combining this with a broader UK/Europe fashion tour.

When Angelina Jolie stepped out recently draped in a long, sculpted cape, it wasn’t just another celebrity style moment — it was a masterclass in fashion nostalgia. The look, elegant yet understated, echoed the grandeur of Old Hollywood glamour while reaffirming Jolie’s position as one of Hollywood’s most refined style icons. The cape, a silhouette once reserved for royalty and red carpets, has been making a quiet return to modern wardrobes.

Apple has once again raised the bar in wearable technology with the unveiling of its newest Apple Watch, designed with a deeper focus on fitness, health tracking, and personal wellness. The announcement reinforces Apple’s growing dominance in the global smartwatch market and signals the company’s continued shift toward health-centric technology. The new model features a sleeker design, an…

This fall, New York Fashion Week (NYFW) delivered a powerful message: bold individuality is back. From oversized tailoring to metallic fabrics, the runways were alive with creativity, nostalgia, and new expressions of luxury. Designers leaned into freedom — reimagining classics and blurring the lines between comfort and sophistication. Here are the 18 standout trends shaping wardrobes this season — from Manhattan to Accra.

In a market flooded with premium wireless headphones, few models have managed to balance sound quality, comfort, and innovation as elegantly as Sony’s WF-10XM4. These headphones are more than just a listening device — they’re a refined statement of design and performance that puts Sony firmly ahead of its competition. The WF-10XM4 builds on Sony’s legacy of premium audio engineering.