7 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

18 h. ago Mapping opportunities to drive Ghana’s economic growth: The case of GIPC

The plan also takes investment promotion closer to the people. Through regional forums, communities will showcase their business potential directly to decision-makers and potential partners. This approach is supported by in-depth assessments of each district’s strengths, resources, and infrastructure, ensuring that opportunities are matched with the right type of investor.

Politics

24 h. ago Ghana’s economy resilient but faces fiscal and structural hurdles – World Bank

Ghana’s economy showed strong resilience in 2024, recording 5.7% growth despite global and domestic challenges, according to the World Bank.

Politics

3 d. ago Ghana Business Leaders Push for Bold Investment Shift in 2026 Budget

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-business-leaders-push-for-bold-investment-shift-in-2026-budget/Ghana’s leading business association is urging the government to pivot from economic stabilization to aggressive growth through capital investments. The Ghana National Chamber of Commerce and Industry (GNCCI) made the call following the Finance Ministry’s invitation for stakeholder input on the 2026–2029 budget framework. GNCCI President Stephane Miezan acknowledged the government’s “sterling” success in restoring […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-business-leaders-push-for-bold-investment-shift-in-2026-budget/

Politics

9 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

9 d. ago Ghana Central Bank Slashes Policy Rate to 25% in Major Easing Move

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-central-bank-slashes-policy-rate-to-25-in-major-easing-move/Ghana’s Monetary Policy Committee has cut its benchmark interest rate by 300 basis points to 25%, delivering its most aggressive reduction since 2025’s disinflation trend began. The decision, reached by majority vote during July 28-30 meetings, signals the Bank of Ghana’s intensified focus on stimulating economic growth while maintaining price stability. This marks the ninth […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-central-bank-slashes-policy-rate-to-25-in-major-easing-move/

Politics

1 week ago Ghana Must Prioritize AI Integration for Economic Growth, Experts Urge

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-must-prioritize-ai-integration-for-economic-growth-experts-urge/Experts have called on the Ghanaian government to develop forward-looking artificial intelligence (AI) policies, emphasizing that strategic integration across key sectors is vital for long-term economic growth, security, and data sovereignty. The appeal was made by Professor Quist-Aphetsi Kester, Dean of the School of Computational Sciences at Dominion University College, during the inaugural Media AI […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-must-prioritize-ai-integration-for-economic-growth-experts-urge/

Politics

1 week ago Ghana Launches Gastro Feastival to Transform Food Industry and Heritage

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-launches-gastro-feastival-to-transform-food-industry-and-heritage/Charterhouse Productions has unveiled the Gastro Feastival, a pioneering national initiative set to reposition Ghana’s food ecosystem as an engine for economic growth, cultural preservation, and social inclusion. Spearheaded by CEO Theresa Ayoade, the December 5–6 event at Accra’s Palms Convention Centre will align with National Farmers’ Day, targeting stakeholders across farming, processing, distribution, and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-launches-gastro-feastival-to-transform-food-industry-and-heritage/

Society

1 week ago Ghana Poised to Exceed 2025 Growth Target Amid Industrial Momentum

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-poised-to-exceed-2025-growth-target-amid-industrial-momentum/Ghana’s economy is on track to outperform its 2025 growth projections, fueled by robust industrial expansion and policy reforms like the upcoming 24-Hour Economy Programme, according to a mid-year review by Deloitte Ghana. The country recorded 5.3% GDP growth in Q1 2025 surpassing both Q1 2024’s 4.9% and the government’s annual 4.0% target signaling strengthening […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-poised-to-exceed-2025-growth-target-amid-industrial-momentum/

Events

3 w. ago Ghana’s monetary policy shows mixed trends, but interest rates decreasing – World Bank

Ghana’s monetary policy has shown mixed trends, with interest rates decreasing and private sector credit growth rebounding. The World Bank has revealed in its 2024 Country Policy and Institutional Assessment (CPIA) 2024. Similarly, the non-performing loan ratio has risen. The report indicated that the Ghanaian economy demonstrated resilience, with strong growth in real gross domestic […]

Events