News
GNPC's Budget Slashed 61 Percent. PIAC Says That Is Dangerous
2+ hour, 6+ min ago (318+ words) News Ghana The Ghana National Petroleum Corporation (GNPC) received 61. 55 percent less funding in 2025 than in previous years, according to the Public Interest and Accountability Committee (PIAC), a cut the watchdog body says directly undermines the corporation's capacity to lead exploration…...
World Bank Names Ghana Among Top Fiscal Reformers in Africa
5+ hour, 17+ min ago (230+ words) Ghana has been identified by the World Bank as one of a small group of African economies expected to deliver the most significant improvements in primary fiscal balances between 2024 and 2026, a finding that reinforces the country's ongoing fiscal consolidation effort…...
Ghana's Services Surge Masks a Dual Drag in Oil and Farm Output
11+ hour, 37+ min ago (611+ words) News Ghana The following is an analysis based on January 2026 Monthly Indicator of Economic Growth data published by the Ghana Statistical Service on April 8, 2026, alongside recent data from the Public Interest and Accountability Committee. Ghana's economy grew by 7. 5 percent in…...
Fitch Projects Ghana Current Account Surplus at 4. 2% of GDP
1+ day, 14+ hour ago (307+ words) Ghana's macroeconomic buffers have strengthened to levels that position the economy to absorb global energy shocks, with Fitch Solutions projecting a current account surplus of approximately 4. 2 percent of Gross Domestic Product (GDP) in 2026, well above the average deficit recorded between…...
World Bank Warns Africa's Growth Recovery Is Losing Steam
2+ day, 9+ hour ago (178+ words) Sub-Saharan Africa's economic recovery from a decade of global shocks is showing signs of stalling, as the World Bank revised its 2026 growth forecast downward and pointed to mounting geopolitical and structural pressures threatening the region's stability. Inflation is projected to…...
IMF Flags Historic Oil Shock Threatening Global Growth and Food Security
5+ day, 4+ hour ago (541+ words) The International Monetary Fund (IMF) has warned that the Middle East conflict has generated the most severe disruption to global oil markets ever recorded, with cascading effects on inflation, food security and economic growth that will fall hardest on the…...
Mahama Touts Economic Recovery and Private Sector Reforms at Kwahu Forum
1+ week, 5+ hour ago (367+ words) President John Dramani Mahama has used the 2026 Kwahu Business Forum to outline what he described as measurable progress in Ghana's economic recovery, pointing to falling interest rates, a stabilising cedi and reduced government borrowing as conditions that are beginning to…...
Debrah Calls Ghana to Rise as West Africa's Manufacturing Hub
1+ week, 14+ hour ago (431+ words) News Ghana Chief of Staff Julius Debrah has declared that Ghana is ready to reposition its economy and emerge as the leading manufacturing hub in West Africa, using the opening of the 2026 Kwahu Business Forum to lay out a vision…...
Debrah calls for urgent push to industrialise Ghana
1+ week, 1+ day ago (226+ words) Chief of Staff Julius Debrah on Friday called on Ghanaian businesses and the government to act decisively in positioning the country as the premier manufacturing destination in West Africa, saying the window of opportunity will not remain open indefinitely. Speaking…...
Ghana Must Overhaul Economic Measurement or Risk Governing on Wrong Data, Statistician Warns
1+ week, 1+ day ago (351+ words) Ghana's Government Statistician has warned that the country's continued reliance on outdated economic measurement frameworks risks producing flawed data that distorts policymaking, as the global statistical community prepares to roll out the most significant update to national accounting standards in…...