Renewed rise in business activity at end of 2025
Output returns to growth amid further rise in new orders Selling prices continue to fall Strong optimism regarding 12-month outlook Business activity returned to growth in December as new orders continued to rise. In turn, companies increased their purchasing activity and employment, while remaining strongly optimistic that output will expand further over the course of […]
Ghana Cedi gains as FX demand falls; short term pressures loom
Despite the recent short-term gains, the Ghana cedi is expected to face near-term pressures stemming from early import demand and the unwinding of year-end foreign exchange (FX) buffers, which could constrain supply. Over the past fortnight, the cedi has recovered some of its earlier losses, buoyed by relatively subdued FX demand across both interbank and […]
New Shippers’ Authority Act to drive efficiency in industry
The Ghana Shippers’ Authority (GSA) has intensified its drive to sanitise the commercial shipping industry, pledging to leverage the new Ghana Shippers’ Authority Act, 2024 (Act 1122), to eliminate operational inefficiencies and arbitrary costs. The GSA’s renewed commitment was the central theme at the Shipper–Stakeholders’ Committee Meeting held at the Ghana Shippers’ House in Accra. […]
GRA, GUTA agree on transition plan for new VAT law
The Ghana Revenue Authority (GRA) and the Ghana Union of Traders’ Associations (GUTA) have reached key agreements to ensure a smooth transition to the newly enacted Value Added Tax Act, 2025 (Act 1151). This follows a joint consultation meeting held on Wednesday, January 7, 2026, aimed at addressing the concerns of traders, particularly those previously […]
Bank of Ghana introduces new regulatory guidelines for international money transfer companies
The Bank of Ghana has issued comprehensive new regulations governing the registration and operations of all International Money Transfer Operators (IMTOs), facilitating money flows into the country. The “Guidelines for the Registration and Operations of International Money Transfer Operators (IMTOs) in Ghana,” dated December 2025, establishes a rigorous framework aimed at strengthening oversight, consumer protection, […]
Gov’t clears US$709m Eurobond ahead of schedule
The government has paid off a US$709 million Eurobond ahead of maturity, extending its external debt settlements and signalling stronger liquidity as it works to rebuild credibility with investors. The Ministry of Finance said in a statement that the payment was completed on December 30 using accumulated cash buffers, a move that caps total Eurobond […]
20% juice tax hurting cedi, nation’s industrial ambitions
The prevailing 20 percent excise duty on natural fruit juices is undermining the country’s efforts to stabilise the cedi, deepen import substitution and strengthen its agro-industrial base – with as much as US$1.77billion in exports potentially lost annually, the Chamber of Agribusiness Ghana has warned. In a recent communiqué signed by its Chief Executive Officer, […]
Breakfast meeting – Tax dispute resolution and Tax litigation
On Thursday, the Spain-Ghana Chamber of Commerce (SGCC), in partnership with EuroCham Ghana, the Ghana-Netherlands Business & Culture Council (GNBCC), the Pelican Hotel and the Royal Netherlands Embassy, hosted its much-anticipated Business Breakfast Meeting & Business Exhibition on the theme “Tax Dispute Resolution and Tax Litigation.”The well-attended session brought together CEOs, CFOs, legal advisors, and compliance leaders […]
SSNIT makes Annual Pensioner Certificate Renewal mandatory from April 2026
The Social Security and National Insurance Trust (SSNIT) has announced a major policy change that will require all pensioners to undertake a mandatory annual Pensioner Certificate renewal beginning April 2026. The measure forms part of broader efforts to safeguard the integrity of the national pension scheme and ensure that pension payments are made only to […]
Festive season FX demand piles pressure on the cedi
Seasonal demand for foreign exchange is once again putting pressure on the Ghanaian cedi as import-dependent businesses move to secure dollars, pounds and euros ahead of the peak Christmas trading period. The annual surge in fourth-quarter demand has intensified competition for limited forex supply, unsettling traders who rely on predictable access to foreign currency to […]