Business & Economy
Gov’t to Cap Public Sector Recruitment in 2027 to Control Expenditure
Government plans to enforce staffing ceilings across public institutions in 2027, requiring quarterly recruitment reports to contain rising public sector wage costs.
Terkper Pushes Local Mineral Processing to Increase Ghana’s Mining Revenues
Seth Terkper wants Ghana to accelerate local mineral processing, arguing that value addition, stronger export financing and reduced gold smuggling are critical to increasing mining revenues and industrialising the economy.
Over 80% of Gov’t Judgement Claims in Foreign Currencies, Posing Exchange Rate Risks
Finance Minister Ato Forson says over 80% of government judgement claims are foreign currency-denominated, exposing public finances to additional exchange-rate risks.
Private Sector Financing Expected to Rise as Ghana Targets 5.2% Growth
Government expects lower interest rates, stronger business confidence and improved access to credit to support private investment, economic expansion and job creation.
GCB Bank Doubles Down on Lending as Profit Hits GH¢2.87bn
GCB Bank's nine-month profit rose 42.6% to GH¢2.87bn, driven by stronger lending, improved loan quality and increased fee income, as it targets GH¢3.7bn in 2026.
Invest Ghana Summit Gives Regional Ministers Platform to Pitch Investment Opportunities
The ministers will have the opportunity to use the two-day gathering to present investment opportunities in their respective regions
Ghana’s BRICS Partnership Could Open New Export Markets, But Local Businesses Face Competitiveness Test
Ghana's proposed BRICS partnership could diversify export markets and attract investment, but local businesses need stronger production capacity, competitive pricing and international standards to convert access into earnings.
The Rice Revolution: Total Import Ban by 2030, Quota in 2027 & Compulsory Purchase By Gov’t Institutions
Ghana plans to ban commercial rice imports by 2030, starting with import quotas in 2027 tied to local purchases. Public institutions will be legally required to buy Ghanaian rice, while…
Ghana To Pool Mineral Royalties And Infrastructure Investments Under One Fund
Government plans to merge MIIF and GIIF into a Ghana Sovereign Wealth Fund to coordinate state investments, improve returns and provide equity financing for strategic infrastructure and industrial projects.
2027 Budget Sets Aside GH¢100.4bn For Capital Spending, GH¢28bn For Big Push
Government has earmarked GH¢100.4 billion for capital expenditure and GH¢28 billion for Big Push projects in 2027, alongside major allocations for education, healthcare, agriculture and social protection.