2 h. ago Ghana Grapples with Infrastructure and Economic Crises Amid Reform Push

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-grapples-with-infrastructure-and-economic-crises-amid-reform-push/Ghana faces mounting pressure to address systemic failures in infrastructure safety and state enterprise efficiency, following a deadly helicopter crash that killed two ministers and exposed gaping holes in crisis preparedness. The tragedy coincides with alarming road safety statistics: 3,674 crashes claimed 752 lives in early 2025 alone, driven by overloaded “trotro” vans carrying up […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-grapples-with-infrastructure-and-economic-crises-amid-reform-push/

Economics

24 h. ago Ghana’s Youth Urged to Build Skills, Shun Drugs for National Growth

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-youth-urged-to-build-skills-shun-drugs-for-national-growth/Margaret Ansei, CEO of the Ghana Enterprises Agency (GEA), has called on young Ghanaians to harness their potential as drivers of economic transformation. In an International Youth Day statement themed “Voice to Impact: Youth Building Sustainable and Inclusive Futures,” she described the youth as indispensable to national development but warned against the corrosive impact of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-youth-urged-to-build-skills-shun-drugs-for-national-growth/

Events

31 h. ago Sustainability of Ghana’s macroeconomic recovery hinges on elevated gold prices – Fitch Solutions

In its analysis of the Ghanaian economy, it said a substantial decline in gold prices would drive a sharp rebound in inflation. This will prompt the Bank of Ghana to maintain a tighter policy stance than currently anticipated.

Economics

32 h. 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

38 h. ago Trump Picks Heritage Economist to Head Labor Stats Agency After Ousting Criticized Chief

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/trump-picks-heritage-economist-to-head-labor-stats-agency-after-ousting-criticized-chief/President Donald Trump has nominated conservative economist EJ Antoni to lead the Bureau of Labor Statistics, replacing former Commissioner Erika McEntarfer whom he fired earlier this month. Antoni, a federal budget analyst at the Heritage Foundation, requires Senate confirmation for the role. Trump announced the selection on Truth Social, stating Antoni would “ensure that the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/trump-picks-heritage-economist-to-head-labor-stats-agency-after-ousting-criticized-chief/

Politics

38 h. ago Trump Picks Heritage Economist to Head Labor Statistics Agency After Ousting Criticized Chief

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/trump-picks-heritage-economist-to-head-labor-statistics-agency-after-ousting-criticized-chief/President Donald Trump has nominated conservative economist EJ Antoni to lead the Bureau of Labor Statistics, replacing former Commissioner Erika McEntarfer whom he fired earlier this month. Antoni, a federal budget analyst at the Heritage Foundation, requires Senate confirmation for the role. Trump announced the selection on Truth Social, stating Antoni would “ensure that the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/trump-picks-heritage-economist-to-head-labor-statistics-agency-after-ousting-criticized-chief/

Politics

38 h. ago Ghana’s Cedi Surge Masks Underlying Economic Fault Lines, Analysts Warn

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-cedi-surge-masks-underlying-economic-fault-lines-analysts-warn/Ghana’s currency has staged a remarkable comeback this year, strengthening by over 42% against the US dollar in the first half of 2025. This marks the strongest performance of any major currency in sub-Saharan Africa, bringing a welcome sense of stability after prolonged turbulence. Financial analysts at Emerging Markets Advisory point to a confluence of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-cedi-surge-masks-underlying-economic-fault-lines-analysts-warn/

Events

38 h. ago Digital Cedi Backed By Gold, Cocoa Proposed to Boost Stability

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/Ghana could anchor a future digital currency to its gold and cocoa reserves, creating a more stable foundation for monetary policy and reducing reliance on foreign financial systems, according to Professor Yegandi Imhotep Paul Alagidede, the Bank of Ghana Chair in Finance and Economics at the University of Ghana. Speaking at the launch of his […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/

Politics

38 h. ago Ghana Turns to Gold in Bid to Stabilise Economy, Central Bank Says

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/The Bank of Ghana is leveraging its domestic gold resources as a cornerstone strategy to rebuild foreign reserves, stabilise the cedi, and restore investor confidence following the nation’s exclusion from international capital markets during its recent debt crisis. First Deputy Governor Dr. Zakari Mumuni outlined the central bank’s approach, calling it critical for hedging sovereign […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/

Politics

48 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

49 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

51 h. ago Ghana’s Central Bank Pushes Commodities as Economic Lifeline

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-pushes-commodities-as-economic-lifeline/First Deputy Governor of the Bank of Ghana, Dr. Zakari Mumuni, has declared commodities essential for Ghana’s economic future. Speaking at Africa’s CNVERGE 2025 summit in Accra, he urged strategic shifts to transform raw materials into tools for stability and growth. “Commodities are no longer just exports,” he stated. “They’re assets to build resilience, unlock […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-pushes-commodities-as-economic-lifeline/

Politics

57 h. ago Backing cedi with resources like gold and cocoa will ensure long

Professor Yegandi Imhotep Paul Alagidede, the newly appointed Bank of Ghana Chair in Finance and Economics at the University of Ghana, has proposed that backing the cedi with strategic national resources such as gold and cocoa could deliver long-term currency stability.

Politics

60 h. ago Ghana’s Gold Strategy Boosts Reserves and Stabilizes Economy

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-gold-strategy-boosts-reserves-and-stabilizes-economy/Ghana’s Domestic Gold Purchase Programme (DGPP) has fortified foreign reserves, steadied the exchange rate, and helped tame inflation, according to First Deputy Governor of the Bank of Ghana, Dr. Zakari Mumuni. Speaking at the CNVERGE ’25 banking summit, he revealed the central bank bought 145.95 tonnes of gold since the program’s launch, with 86.77 tonnes […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-gold-strategy-boosts-reserves-and-stabilizes-economy/

Politics

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 Arise IIP to Spearhead Africa’s Premier Trade Fair in Algeria

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/arise-iip-to-spearhead-africas-premier-trade-fair-in-algeria/Algiers will host Africa’s largest trade showcase next September as Arise Integrated Industrial Platforms (Arise IIP) steps into a premier partnership role for the 2025 Intra-African Trade Fair (IATF2025). The event, co-organized by Afreximbank, the African Union, and the AfCFTA Secretariat, aims to unlock $44 billion in deals while accelerating continental economic integration. Arise IIP […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/arise-iip-to-spearhead-africas-premier-trade-fair-in-algeria/

Politics

4 d. ago Ghana Bolsters Tourism Leadership with Dual Board Inaugurations

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-bolsters-tourism-leadership-with-dual-board-inaugurations/Tourism Minister Abla Dzifa Gomashie has inaugurated governing boards for the Ghana Tourism Authority (GTA) and Ghana Tourism Development Company (GTDC), signaling intensified efforts to position Ghana as a premier cultural and investment destination. The move aims to drive innovation and stakeholder collaboration in a sector critical to economic diversification. “Your leadership must embody integrity […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-bolsters-tourism-leadership-with-dual-board-inaugurations/

Politics

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

5 d. ago Economist Slams MultiChoice’s “Mathematically Impossible” Cedi Claim

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/economist-slams-multichoices-mathematically-impossible-cedi-claim/Ghana’s pay-TV giant MultiChoice faces intense scrutiny after an economist debunked its claim that the cedi depreciated 240% since 2017 a figure dismissed as “palpably false and mathematically impossible.” Dr. John Kwakye, Director of Research at the Institute of Economic Affairs (IEA), challenged the company’s justification for refusing to reduce subscription prices despite government pressure. […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/economist-slams-multichoices-mathematically-impossible-cedi-claim/

Politics

5 d. ago Ghana’s Fiscal Progress Undercut by Public Sector Leaks, Warns Report

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-fiscal-progress-undercut-by-public-sector-leaks-warns-report/Ghana’s hard-won economic stability faces erosion from persistent governance gaps and project mismanagement, according to a new EM Advisory assessment. While applauding President John Mahama’s early fiscal strides including a 1.1% GDP primary surplus, expenditure cuts 14.3% below budget, and slowing inflation the report stresses that these gains remain fragile. Chronic inefficiencies threaten to unravel […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-fiscal-progress-undercut-by-public-sector-leaks-warns-report/

Events