By Adnan Adams Mohammed As the global cocoa market grapples with plummeting supply from traditional powerhouses, all eyes have turned to Ghana. With West African neighbors facing significant production …
Economy and Finance
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Economy and Finance
High costs and taxes sparking “capital flight” …putting Ghana’s investment climate under threat
by Adnan Adamsby Adnan AdamsEconomic experts, business leaders, and lawmakers are raising urgent alarms over the future of Ghana’s investment landscape, warning that a combination of prohibitive capital requirements and a “world-leading” tax burden …
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Economy and FinanceNewsProfileTechnology
Striking The Balance: Dr Asiama highlights ‘expensive’ trade-offs in Ghana’s path to stability
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed In a candid assessment of the nation’s monetary trajectory, the Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has underscored the complex …
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Economy and Finance
Importers and freight forwarders threaten nationwide strike over “flawed” AI Customs system
by Adnan Adamsby Adnan AdamsThe shipping and trading community in Ghana is on the verge of a massive industrial shutdown as the Coalition of Concerned Exporters, Importers, Traders, and Freight Forwarders has issued a …
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Economy and Finance
Ghana Reference Rate hits 10% as banks pivot to real economy
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Ghana’s financial landscape is undergoing a radical transformation as the Ghana Reference Rate (GRR) plummeted to a historic low of 10.06% as at last week. The …
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Economy and FinanceMining & Energy
Ghana to halt raw exports by 2030 in gold sector transformation
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed In a move set to redefine Ghana’s economic landscape, the nation is embarking on an ambitious industrial shift from exporting raw gold to becoming a premier …
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Economy and Finance
GCB Bank shatters records with GH¢3.2bn profit …as MD declares institution ‘largest by all metrics’
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed GCB Bank PLC has cemented its position as the titan of Ghana’s financial sector, reporting a historic profit before tax of GHc 3.2 billion for the …
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Economy and Finance
2025 bank profits signal ‘golden era’ for Ghanaian lenders
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Ghanaian banking sector has transitioned from the turbulent waters of the Domestic Debt Exchange Programme (DDEP) into an era of unprecedented prosperity. Financial statements for …
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Economy and Finance
NPL risks cast shadow over Ghana’s economic recovery amid BoG rate cut
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Professional services firm Deloitte and the Bank of Ghana (BoG) have issued a dire warning: while Ghana’s macroeconomic indicators are brightening, a “stubborn mountain” of bad …
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Economy and FinanceNews
Ghana signals manufacturing ambition as Easter festivities blend culture with commerce
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed While thousands of revellers ascended the steep winding roads of the Kwahu ridge for the annual adrenaline-fueled Easter Paragliding Festival, a different kind of momentum was …