1. Mahama’s 120-Day Social Contract: Promises Delivered but Is the Foundation Shaky?
President Mahama says 26 campaign promises have been fulfilled, from SOE reform to tax cuts. IMANI, however, urges deeper scrutiny. Are we fixing the foundation or painting over cracks?
- 1. Mahama’s 120-Day Social Contract: Promises Delivered but Is the Foundation Shaky?
- 2. GH₵19 Billion in Flagship Projects but Impact Remains Unclear
- 3. Cedi Strengthens but Prices Stay Put
- 4. Traders Promise Price Reductions in 60 Days
- 5. E-Levy Gone but Tax Troubles Remain
- 6. Ghana’s 24-Hour Economy Still Needs Fuel
- 7. Women’s Bank Is Here but Can It Deliver?
- 8. Cocoa Revival Plan Risks Ignoring Root Problems
- 9. Ghana Automotive Summit 2025: Bright Lights but Dim Market?
- 10. Governance Reforms Are the Missing Link
- So What?
2. GH₵19 Billion in Flagship Projects but Impact Remains Unclear
Programmes like GoldBod, One Million Coders, and the Women’s Bank sound great. But where’s the productivity data? Without transparency, they risk becoming “high-cost, low-impact” ventures.
3. Cedi Strengthens but Prices Stay Put
The cedi appreciated to GH₵13 from GH₵15.53 in March, thanks to rising gold reserves and fiscal reforms. Yet prices remain high, exposing the sticky reality of inflation lag and business hesitation.
4. Traders Promise Price Reductions in 60 Days
GUTA and AGI say price cuts will come after old inventory clears. But without long-term cedi stability, the pledge may be as temporary as the relief it promises.
5. E-Levy Gone but Tax Troubles Remain
The scrapping of E-Levy, emissions levy, and betting taxes costs GH₵2.6 billion in revenue. Without improving compliance and formalization, Ghana’s tax-to-GDP ratio will stay painfully low.
6. Ghana’s 24-Hour Economy Still Needs Fuel
The flagship 24-hour economy initiative is underway, but without support infrastructure like affordable credit, low inflation, and stable energy, it risks becoming another policy slogan.
7. Women’s Bank Is Here but Can It Deliver?
GH₵51.3 million has been committed to a Women’s Development Bank. Yet unless concessional loans and business support follow, it may mirror past failed development banks.
8. Cocoa Revival Plan Risks Ignoring Root Problems
Government’s plan to acquire 200,000 hectares for cocoa expansion is bold but may flop without fixing price incentives, land rights, youth participation, and illegal mining threats.
9. Ghana Automotive Summit 2025: Bright Lights but Dim Market?
As the industry prepares for the June 3 Summit, stakeholders are still battling low demand, policy inconsistencies, and used-car dominance. Without financing solutions, local cars won’t move off the lot.
10. Governance Reforms Are the Missing Link
The week’s biggest takeaway? All policy gains from tax cuts to job creation hinge on one thing: serious governance reform. Procurement systems, SOE oversight, and expenditure controls must be fixed to avoid backsliding.
So What?
Mahama says promises are being kept, but real impact is unclear. Prices remain high despite a stronger cedi. Big projects lack results, and tax cuts hurt revenue. Without strong governance and support systems, progress may not last.
