11 h. ago World Bank Tells Ghana to Invest Oil and Mining Windfalls in People

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-tells-ghana-to-invest-oil-and-mining-windfalls-in-people/Ghana must harness its new Pecan oil field revenues and mining windfalls to build human capital or risk squandering another resource boom, the World Bank warns. In its latest economic update, the Bank urges strategic investments in education, healthcare, and vocational training—transforming short-term gains into lasting prosperity for Ghana’s growing youth population. The upcoming Pecan […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-tells-ghana-to-invest-oil-and-mining-windfalls-in-people/

Politics

11 h. ago Ghana Think Tank Urges Emergency Overhaul for Bleeding State Firms

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-think-tank-urges-emergency-overhaul-for-bleeding-state-firms/Ghana’s struggling State-Owned Enterprises (SOEs) require immediate, disciplined intervention to avoid systemic collapse, policy think tank IMANI Africa warns. Despite controlling vital national resources, entities like Ghana Water Company Limited (GWCL) and Cocoa Processing Company (CPC) hemorrhage cash annually, sapping state coffers and threatening fiscal stability. The World Bank’s latest economic update singled out SOEs […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-think-tank-urges-emergency-overhaul-for-bleeding-state-firms/

Events

12 h. ago Banking sector showed mixed performance in 2024 – World Bank Group

Ghana’s banking sector exhibited mixed performance in 2024, characterised by robust asset growth alongside limited private credit expansion, according to the World Bank Group’s 9th Economic Update on Ghana.

Politics

13 h. ago Disinflation accelerates as cedi rebounds – World Bank Group

Ghana has successfully resumed its disinflationary path in 2025, with a significant decline in headline inflation driven by a tight monetary policy, a stronger currency, and improved macroeconomic conditions.

Politics

15 h. ago Ghana’s new gov’t paves way for economic reforms – World Bank Group

Ghana’s new administration, backed by a clear parliamentary majority from the 2024 general election, has a renewed opportunity to drive ambitious economic reforms, according to the World Bank Group’s 9th Economic Update for Ghana.

Economics

16 h. ago Fiscal sustainability hinges on debt management, restructuring and consolidation – World Bank Group

Ghana's path to fiscal sustainability is on solid ground due to its successful debt management and restructuring efforts, according to the World Bank Group's 9th Economic Update on Ghana for June 2025.

Sport

16 h. ago Bolgatanga Technical Institute Shut Indefinitely After Student Unrest

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bolgatanga-technical-institute-closed-indefinitely-after-student-disturbance/Authorities have closed Bolgatanga Technical Institute indefinitely following violent student protests that saw the housemaster’s office and library set ablaze. The Upper East Region school’s shutdown, ordered Thursday, aims to protect students, staff, and property while investigations unfold, confirmed Ajono Martin Adonis, local secretary of the Ghana National Association of Teachers. No injuries were reported, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bolgatanga-technical-institute-closed-indefinitely-after-student-disturbance/

Society

17 h. ago Ghana Grapples with Quality Jobs Crisis as Only 13% of Workers Secure Good Positions

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-grapples-with-quality-jobs-crisis-as-only-13-of-workers-secure-good-positions/Ghana’s workforce faces a stark reality: 87% of workers cling to low-quality jobs that barely sustain them, while just 13% hold positions offering fair pay, stability, and skills matching. This sobering data, from the World Bank’s 9th Ghana Economic Update, exposes a critical mismatch between education and opportunity, leaving graduates disillusioned and human capital wasted. […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-grapples-with-quality-jobs-crisis-as-only-13-of-workers-secure-good-positions/

Events

17 h. ago Ghana’s economy showed resilience in 2024 – World Bank Group

Ghana’s economy demonstrated remarkable resilience in 2024, with its Gross Domestic Product (GDP) growth reaching 5.7 per cent, according to the World Bank Group’s 9th Economic Update for the country in June. The report, titled “Addressing Labour Market Challenges and Opportunities in Ghana’s Economic Landscape,” highlights a strong rebound driven primarily by the industrial sector […]

Politics

17 h. ago Ghana Eyes 0.6% GDP Revenue Boost with Tax Enforcement, Says World Bank

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-eyes-0-6-gdp-revenue-boost-with-tax-enforcement-says-world-bank/Ghana could increase government revenue by at least 0.6% of GDP next year if it fully implements tax measures in its 2025 budget, the World Bank stated in its latest economic update. World Bank Country Director Robert Taliercio presented the projection in Accra, linking it directly to fiscal targets under Ghana’s IMF-backed reform program. He […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-eyes-0-6-gdp-revenue-boost-with-tax-enforcement-says-world-bank/

Events

18 h. ago Ghana’s Economy Outpaces Peers but Faces Crucial Reform Test, Says World Bank

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-economy-outpaces-peers-but-faces-crucial-reform-test-says-world-bank/Ghana’s economy defied global headwinds to grow 5.7% in 2024 and 5.3% in early 2025, outperforming regional peers through resilient trade and falling inflation, the World Bank reports. Yet fiscal pressures resurfaced last year, threatening hard-won stability gains. In its latest Economic Update, the Bank warns growth will slow to 3.9% in 2025 as austerity […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-economy-outpaces-peers-but-faces-crucial-reform-test-says-world-bank/

Politics

19 h. ago Ghana Establishes Support Fund for Children of Helicopter Crash Victims

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-establishes-support-fund-for-children-of-helicopter-crash-victims/President John Mahama has launched a national fund to secure the education, healthcare, and welfare of eight children orphaned by the August 6 helicopter crash in Adansi Akrufuom. The initiative begins with a GH₵500,000 contribution from Stanbic Bank, bolstered by government seed funding. “The Fund for the children of the victims of August 6 will […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-establishes-support-fund-for-children-of-helicopter-crash-victims/

Events

19 h. ago Ghana’s Growth Masks Job Crisis as Economy Relies on Spending, Not Factories

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-growth-masks-job-crisis-as-economy-relies-on-spending-not-factories/Ghana’s economy shows steady growth, but a heavy dependence on consumer spending fueled by oil revenues is failing to create quality jobs, a new World Bank report reveals. The 9th Ghana Economic Update warns this consumption-led model is stifling the structural transformation needed for broad-based prosperity. Oil windfalls and favorable global prices for cocoa, gold, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-growth-masks-job-crisis-as-economy-relies-on-spending-not-factories/

Events

19 h. ago World Bank Warns Mounting Debt Threatens Ghana’s Cocoa Sector

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-warns-mounting-debt-threatens-ghanas-cocoa-sector/The World Bank has raised urgent concerns over the Ghana Cocoa Board’s (COCOBOD) financial stability, warning that rising debt and operational inefficiencies could destabilize the country’s vital cocoa industry. Despite soaring global cocoa prices, Ghana’s production remains low, with COCOBOD struggling under significant arrears to suppliers and costly “quasi-fiscal operations” outside its core mandate. In […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-warns-mounting-debt-threatens-ghanas-cocoa-sector/

Events

20 h. ago MTN Backs Ghana Football with US$2 Million National Teams Sponsorship

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/mtn-backs-ghana-football-with-us2-million-national-teams-sponsorship/MTN Ghana has committed $2 million to sponsor all four of Ghana’s national football teams through 2027. The two-year deal, announced by CEO Stephen Blewett in Accra, covers the Black Stars (men’s senior team), Black Queens (women’s senior team), Black Satellites (U-20), and Black Starlets (U-17). “Football connects our nation,” said Blewett. “We’re proud to […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/mtn-backs-ghana-football-with-us2-million-national-teams-sponsorship/

Economics

20 h. ago World Bank Urges Ghana to Prioritize Jobs, Private Sector in Reform Push

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-urges-ghana-to-prioritize-jobs-private-sector-in-reform-push/Ghana must channel its structural reforms toward private sector growth and youth job creation, warns a new World Bank report. The ninth Ghana Economic Update stresses that with the working-age population set to surge, failure to generate productive employment risks squandering a major economic opportunity. “Unemployment and underemployment represent a potential powder keg,” said Deputy […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-urges-ghana-to-prioritize-jobs-private-sector-in-reform-push/

Politics

24 h. ago Stanbic Bank Donates GHS500,000 to Support Children of Crash Victims

News Ghana, Latest Updates and Breaking News of Ghana, Ike Dzokpo, https://www.newsghana.com.gh/stanbic-bank-donates-ghs500000-to-support-children-of-crash-victims/Stanbic Bank Ghana has donated GHS500,000 to the newly established Children Support Fund, set up to provide financial assistance to the children of the victims who died in the recent helicopter crash near Adansi Akrofuom in the Ashanti Region.  The announcement was made by President John Dramani Mahama during the State Funeral on August 15, […] News Ghana, Latest Updates and Breaking News of Ghana, Ike Dzokpo, https://www.newsghana.com.gh/stanbic-bank-donates-ghs500000-to-support-children-of-crash-victims/

Events

28 h. ago Stanbic Bank supports crash victims’ children with GHs500k seed donation

Stanbic Bank Ghana has donated GHS500,000 to the newly established Children Support Fund, set up to provide financial assistance to the children of the victims who died in the recent helicopter crash near Adansi Akrofuom in the Ashanti Region. The announcement was made by President John Dramani Mahama during the State Funeral on August 15, […]

Events

29 h. ago Poorly performing SOEs pose fiscal risks to economic stability – World Bank warns  

On debt, it pointed out that Ghana’s public debt is assessed as sustainable in the medium term, contingent on completing external debt restructuring and maintaining strong fiscal discipline.

Events

34 h. ago Tribute: Omane Boamah’s wife narrates how late nights and kenkey sealed their love story

It began on an ordinary day, with an unlikely meeting on a medical school bus. For Rita Adubei Offei, wife of the late Defence Minister, Dr Omane Boamah, it was the start of a journey she would later call destiny.

Politics