52 h. ago Ghana’s Insurance Coverage Stalls Near Historic Low Despite Economic Gains

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-insurance-coverage-stalls-near-historic-low-despite-economic-gains/If you’ve ever wondered why insurance agents seem to push so hard in Ghana, the latest central bank figures offer a clue. The Bank of Ghana’s 2024 Financial Stability Review shows insurance penetration stubbornly held at just 1.0% of GDP this year, unchanged from 2023. Using the newer IFRS 17 accounting standard, that figure actually […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-insurance-coverage-stalls-near-historic-low-despite-economic-gains/

Politics

53 h. ago Ghana’s Economic Surge Faces Sustainability Test, Report Warns

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-economic-surge-faces-sustainability-test-report-warns/Ghana’s economy shows dazzling short-term gains under President Mahama’s second-term administration, but a new mid-year review cautions these victories rest on shaky ground. The cedi’s unprecedented 42.6% surge against the dollar, inflation’s 10-point drop, and robust 5.3% first-quarter growth signal a “near-perfect turnaround,” according to EM Advisory’s analysis. Yet the report flags gold exports, IMF […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-economic-surge-faces-sustainability-test-report-warns/

Events

3 d. ago Ghana’s Stubborn Prices Defy Cooling Inflation, Traders Cite Dual Hurdles

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-stubborn-prices-defy-cooling-inflation-traders-cite-dual-hurdles/Ghanaian consumers are seeing inflation ease but feeling little relief at the market. Despite improving macroeconomic indicators, prices for many goods, like cement, remain stubbornly high, falling short of public expectations. This disconnect prompted the Roads and Highways Minister, Governs Kwame Agbodza, to issue a stark warning: only businesses lowering prices to reflect economic gains […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-stubborn-prices-defy-cooling-inflation-traders-cite-dual-hurdles/

Economics

4 d. ago Ghana Set to Beat 2025 Economic Targets as Fiscal Discipline Pays Off

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-set-to-beat-2025-economic-targets-as-fiscal-discipline-pays-off/Ghana’s economy is gaining momentum and may outperform all its 2025 macroeconomic targets, according to Accra-based IC Research. Strong first-half results in inflation control, exchange rate stability, GDP growth, and international reserves have set a positive trajectory for the year. The research firm highlighted a “sizable fiscal adjustment” driven by spending controls, zero arrears accumulation, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-set-to-beat-2025-economic-targets-as-fiscal-discipline-pays-off/

Economics

7 d. ago Ghana’s Economic Gains Mask Regulatory Gaps, Warns IMANI Report

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-economic-gains-mask-regulatory-gaps-warns-imani-report/Ghana’s economy shows robust recovery with first-quarter GDP growth hitting 5.3% and inflation declining to 13.7% by June 2025, paired with a 42.6% cedi appreciation against the dollar. Public debt has plummeted from 61.8% to 43.8% of GDP within six months, signaling effective fiscal consolidation under the current administration. Despite these strides, IMANI’s governance review […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-economic-gains-mask-regulatory-gaps-warns-imani-report/

Events

1 week ago Ghana Business Confidence Climbs Steadily Amid Economic Gains

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-business-confidence-climbs-steadily-amid-economic-gains/Business confidence in Ghana continues its sustained recovery, with companies expressing growing optimism about their prospects and the broader economic landscape. According to the Bank of Ghana’s Summary of Macroeconomic and Financial Data, the Business Confidence Index rose from 88.8 in September 2024 to 105.5 by June 2025, crossing into optimistic territory (above 100) in […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-business-confidence-climbs-steadily-amid-economic-gains/

Economics