Ghana to stop buying liquid fuels for power generation next year
Ghana expects to stop procuring liquid fuels for power generation next year, the Minister for Energy and Green Transition, Mr John Jinapor, has said. Speaking at a Gas Exporting Countries Forum-hosted strategic session at African Energy Week 2026 in Cape Town, South Africa, the Minister said Ghana had already cut its liquid fuel purchases for […]
Gov’t sees growth exceeding IMF’s 5.7% forecast
Government expects the economy to outperform the International Monetary Fund’s revised growth forecast of 5.7 percent for 2026, with Finance Minister Dr. Cassiel Ato Baah Forson attributing the improved outlook to fiscal discipline and reforms aimed at restoring macroeconomic stability. The IMF raised its projection from 4.6 percent in April, an upward revision of 1.1 […]
Ghana among 10 fastest-growing economies in sub-Saharan Africa – IMF
Ghana is returning to a path of strong economic growth, with the International Monetary Fund projecting a growth rate of 5.7 per cent for 2026, placing the country among the 10 fastest-growing economies in Sub-Saharan Africa. Although the projected real gross domestic product growth rate of 5.7 per cent for 2026 is lower than the […]
GIPA identifies 45 bankable projects
The Ghana Investment Promotion Authority (GIPA) has identified 45 bankable investment projects across five northern regions as part of efforts to mobilise private capital, expand local processing and create jobs through investments in agriculture, renewable energy, solid minerals and tourism. The projects, ranging from mango processing plants in Upper East Region to eco-tourism infrastructure in […]
Economic growth in Sub-Saharan Africa gains momentum despite global uncertainty
Building the foundations for an AI-ready economy can contribute to turning Africa’s growth into more jobs and better opportunities for the region’s rapidly growing labor force Sub-Saharan Africa’s economy remains resilient despite geopolitical tensions, climate shocks, declining development assistance, and fiscal pressures. Growth in the region is projected to rise from 4.1% in 2025 to […]
Why Rules of Origin matter under AfCFTA – GRA explains
Businesses seeking to benefit from preferential treatment under the African Continental Free Trade Area (AfCFTA) must ensure their products meet the agreement’s Rules of Origin, the Ghana Revenue Authority (GRA) has cautioned. Joycelyn Ntiako, a Revenue Officer with the Customs Division of the GRA, explained that the rules determine the economic nationality of a product […]
Inflation rises to 5.2% in September as food prices accelerate
Ghana’s year-on-year inflation rate rose to 5.2% in September 2026, up from 5.0% in August. The latest figure is, however, significantly lower than the 9.4% recorded in September 2025, representing a 4.2 percentage-point decline over the period. The September figure also marks the second consecutive monthly increase in inflation after it fell to a low […]
Aayalolo contra-flow operations on major Accra routes begin today
CEOs, investors, entrepreneurs and senior corporate executives from across Africa are expected to converge in Accra on October 17, 2026, for the Africa Business Forum & Awards, with the event targeting cross-border investment and business partnerships across the continent. The government has commenced a contra-flow arrangement for Aayalolo bus services on selected major routes leading […]
BoG urges businesses to unlock collateral for easier credit access
The Bank of Ghana (BoG) has urged businesses, particularly small and medium-sized enterprises (SMEs), to take advantage of the country’s collateral registration system to improve their credit access and negotiate better lending terms with financial institutions. The call was made during a sensitisation programme on the ‘Borrowers and Lenders Act, 2020 (Act 1052)’ and operations […]
National VAT compliance campaign begins
The Ghana Revenue Authority (GRA) has launched a National VAT Awareness and Compliance Campaign to tackle persistent gaps in value added tax (VAT) compliance, while introducing measures aimed at making registration, filing and payment easier for taxpayers. The campaign, launched on Tuesday, September 22, 2026 in Accra, is being implemented under the theme ‘Request Your […]