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Business
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Ghana’s Labour Market Grows in 2025, But Youth Unemployment Remains High
Business Dela Michel 12/18/25 Business Dela Michel 12/18/25

Ghana’s Labour Market Grows in 2025, But Youth Unemployment Remains High

Ghana’s labour force expanded in 2025 with over 330,000 new jobs, but youth unemployment remains high at over 32 percent, according to new data from the Ghana Statistical Service.

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Ghana’s Economy Expands 6.1% in First Three Quarters of 2025- new gss data reveals
Business Dela Michel 12/10/25 Business Dela Michel 12/10/25

Ghana’s Economy Expands 6.1% in First Three Quarters of 2025- new gss data reveals

Ghana’s economy expanded by 6.1% in the first nine months of 2025, with agriculture, ICT, and trade powering growth. Government Statistician Dr. Alhassan Iddrisu says the data shows “slightly stronger momentum” than 2024.

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Germany Commits Additional €3 Million to Support Ghana’s Green Transition
Business, Energy Dela Michel 12/4/25 Business, Energy Dela Michel 12/4/25

Germany Commits Additional €3 Million to Support Ghana’s Green Transition

Germany has pledged an extra €3 million to Ghana’s Sustainable Energy for Climate Project, bringing total support to €10 million, as both nations deepen cooperation on renewable energy, efficiency, and climate resilience.

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Inflation Drops for the 11th Consecutive Month, Reaches 6.3% in November — Ghana Statistical Service
Business Dela Michel 12/3/25 Business Dela Michel 12/3/25

Inflation Drops for the 11th Consecutive Month, Reaches 6.3% in November — Ghana Statistical Service

Ghana’s inflation rate dropped for the 11th consecutive month to 6.3% in November 2025, the lowest since 2021. The Ghana Statistical Service attributes the trend to price stability in food, non-food, and locally produced items.

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Monetary Policy Committee Cuts Policy Rate to 23% as BoG Signals Confidence in Economic Turnaround
Business Abdul Rahman Taofiq 11/26/25 Business Abdul Rahman Taofiq 11/26/25

Monetary Policy Committee Cuts Policy Rate to 23% as BoG Signals Confidence in Economic Turnaround

The Bank of Ghana has reduced its policy rate to 23%, citing strong economic recovery, stable inflation, and improved reserves. Governor Johnson Asiama says Ghana is “shifting from recovery to expansion” as the BoG balances disinflation with growth.

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‘You’ll Kill Local Businesses’: Afenyo-Markin Fights 7% Withholding Tax Increase in Parliament
Business Dela Michel 11/25/25 Business Dela Michel 11/25/25

‘You’ll Kill Local Businesses’: Afenyo-Markin Fights 7% Withholding Tax Increase in Parliament

Deputy Majority Leader Alexander Afenyo-Markin has urged Parliament to reject the proposed 7% withholding tax increase, warning it will hurt Ghanaian small businesses and undermine economic recovery.

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IMF Corruption Report Reflects 2023 Realities, Not 2025 — OSP Pushes Back
Business Abdul Rahman Taofiq 11/25/25 Business Abdul Rahman Taofiq 11/25/25

IMF Corruption Report Reflects 2023 Realities, Not 2025 — OSP Pushes Back

Ghana’s Special Prosecutor has rejected aspects of the IMF’s Governance and Corruption Diagnostic Report, saying the findings reflect 2023 challenges and not the Office’s current reforms, capacity, and anti-corruption performance.

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Ghana Revises July MIEG to 3.7% as August Growth Hits 5.1% — GSS Report
Business Dela Michel 11/20/25 Business Dela Michel 11/20/25

Ghana Revises July MIEG to 3.7% as August Growth Hits 5.1% — GSS Report

Ghana Statistical Service has revised July 2025 MIEG growth down to 3.7% from the earlier 4.5%, while August 2025 economic activity expanded by 5.1%. Agriculture and services led the growth, though industry contracted.

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“Behind This Single-Digit Inflation They Are Boasting About Is a Struggling Economy” — Former Finance Minister Amin Adam
Business Dela Michel 11/19/25 Business Dela Michel 11/19/25

“Behind This Single-Digit Inflation They Are Boasting About Is a Struggling Economy” — Former Finance Minister Amin Adam

Former Finance Minister Amin Adam says Ghana’s single-digit inflation is misleading, arguing in Parliament that rising prices of essential goods, failing Treasury bill auctions and weakened investor confidence reveal a struggling economy depriving citizens of decent livelihoods.

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Hon. Kojo Oppong Nkrumah Slams Political Theatre in Parliament, Urges Action on 2026 Budget
Business Abdul Rahman Taofiq 11/19/25 Business Abdul Rahman Taofiq 11/19/25

Hon. Kojo Oppong Nkrumah Slams Political Theatre in Parliament, Urges Action on 2026 Budget

Former Information Minister Kojo Oppong Nkrumah warns that Ghana’s 2026 Budget faces a staggering revenue shortfall of up to GH₵19 billion, forcing the government to cut expenditure by GH₵28 billion. He urges Parliament to confront the structural weaknesses undermining the economy.

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Two Arrested for Hoarding Premix Fuel — Fisheries Minister Confirms
Business, Fisheries Dela Michel 11/19/25 Business, Fisheries Dela Michel 11/19/25

Two Arrested for Hoarding Premix Fuel — Fisheries Minister Confirms

Two suspects have been arrested and arraigned for hoarding premix fuel, Fisheries Minister Emelia Arthur told Parliament. Automation reforms continue nationwide.

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Cedi @ 60 Conference Charts New Vision for a Stable, Digitally-Driven Ghanaian Currency
Business, Currency Abdul Rahman Taofiq 11/19/25 Business, Currency Abdul Rahman Taofiq 11/19/25

Cedi @ 60 Conference Charts New Vision for a Stable, Digitally-Driven Ghanaian Currency

Ghana’s Cedi @ 60 Conference sets a bold agenda for currency stability, digital innovation, and fiscal discipline, with BoG Governor Asiama calling for national commitment.

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2026 Budget: Government Abolishes COVID-19 Levy- ato forson declares
Business Dela Michel 11/13/25 Business Dela Michel 11/13/25

2026 Budget: Government Abolishes COVID-19 Levy- ato forson declares

The Government of Ghana has officially abolished the COVID-19 Health Recovery Levy as part of sweeping 2026 VAT reforms. Finance Minister Dr. Ato Forson says the move will return GH₵3.7 billion to citizens and businesses while simplifying Ghana’s tax system and boosting fiscal efficiency.

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2026 Budget: Ghana Targets 4.9% GDP Growth as Government Resets the Economy
Business Dela Michel 11/13/25 Business Dela Michel 11/13/25

2026 Budget: Ghana Targets 4.9% GDP Growth as Government Resets the Economy

Ghana’s 2026 Budget projects a minimum 4.8% GDP growth as Finance Minister Dr. Ato Forson outlines a strategy focused on fiscal discipline, revenue mobilisation, social protection, and sustained macroeconomic stability under the theme “Resetting for Growth, Jobs and Economic Transformation.”

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2026 Budget: Ato Forson Describes Import Fraud as ‘Organised Crime,’ Reveals $31bn Outflow With No Goods Imported
Business Dela Michel 11/13/25 Business Dela Michel 11/13/25

2026 Budget: Ato Forson Describes Import Fraud as ‘Organised Crime,’ Reveals $31bn Outflow With No Goods Imported

Delivering the 2026 Budget, Finance Minister Ato Forson revealed that $31bn in import-related transfers left Ghana with no goods received, describing the discovery as “organised crime.” Audit shows massive under-declaration and banking breaches.

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Energy Minister Jinapor Outlines Major Reforms to Fix ECG’s Inefficiencies and Reduce Power Losses
Business, Energy Abdul Rahman Taofiq 11/12/25 Business, Energy Abdul Rahman Taofiq 11/12/25

Energy Minister Jinapor Outlines Major Reforms to Fix ECG’s Inefficiencies and Reduce Power Losses

Energy Minister John Abdulai Jinapor tells Parliament that 202 contracts have been terminated and major reforms launched to reduce ECG’s technical and commercial losses while improving efficiency and revenue collection.

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Gold Board Vows to Resist Political Pressure After 25 Arrested for Illegal Gold Trading
Business, Mining and Natural Resources Abdul Rahman Taofiq 11/11/25 Business, Mining and Natural Resources Abdul Rahman Taofiq 11/11/25

Gold Board Vows to Resist Political Pressure After 25 Arrested for Illegal Gold Trading

Ghana Gold Board’s Richard Nunekpeku says the agency will not yield to political pressure after 25 people were arrested for illegal gold trading and smelting in Accra. Investigations are ongoing under the Gold Board Act 2025.

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Star Oil Overtakes GOIL to Become Ghana’s Largest Oil Marketing Company
Business, Energy Abdul Rahman Taofiq 11/10/25 Business, Energy Abdul Rahman Taofiq 11/10/25

Star Oil Overtakes GOIL to Become Ghana’s Largest Oil Marketing Company

Star Oil has overtaken GOIL to become Ghana’s largest Oil Marketing Company, driven by disciplined management, operational efficiency, and trust-based customer engagement.

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Rawlings honoured as UNA launches Lagos–Accra and Abuja–Accra routes
Business, Aviation Abdul Rahman Taofiq 11/10/25 Business, Aviation Abdul Rahman Taofiq 11/10/25

Rawlings honoured as UNA launches Lagos–Accra and Abuja–Accra routes

United Nigeria Airlines has inaugurated its first international flights to Accra, Ghana, marking a major step toward enhanced West African trade, tourism, and regional integration.

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Government Approves 9% Salary Increase for Public-Sector Workers in 2026
Business, Labour & Employment Dela Michel 11/9/25 Business, Labour & Employment Dela Michel 11/9/25

Government Approves 9% Salary Increase for Public-Sector Workers in 2026

The Ghanaian government has approved a 9% salary increase and a new minimum wage of GH₵ 21.77 for public-sector workers in 2026, following successful negotiations between the Finance Ministry, FWSC, and Organized Labour.

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