Ghana has signed a strategic partnership with Google to integrate artificial intelligence tools in local languages into the national education system, the government announced on Friday. The initiative aims to modernize learning, expand access to quality education, and improve inclusion for rural and vulnerable populations. Under the program, AI-driven educational tools will be deployed in […]
Ghana Loses Billions of Dollars Annually to Trade-Related Illicit Financial Flows
Ghana continues to lose billions of dollars through trade-related illicit financial flows, with the scale of the problem believed to be far greater than previously estimated. According to the 2026 Budget Statement presented to Parliament, the country recorded total imports valued at GH¢204 billion on a cost, insurance and freight (CIF) basis in 2024, but […]
Ghana’s Used-Clothing Traders Resist Sharp VAT Increase Proposal
Leaders and importers within Ghana’s second-hand clothing sector are urging government to reconsider the proposed increase of the Flat Value Added Tax (VAT) rate from 4% to 20%, warning that the measure could trigger steep price hikes, shrink consumer purchasing power, and stifle trading activity in markets such as Accra’s bustling Kantamanto hub. In an […]
Mahama Under Pressure to Investigate the Office of the Special Prosecutor
John Dramani Mahama is reportedly facing increasing pressure from within his party, the National Democratic Congress (NDC), to launch a formal investigation into the operations of the Office of the Special Prosecutor (OSP). According to sources, influential party figures are dissatisfied with what they see as the Office’s under-performance and possible mismanagement, and are urging […]
Ghana’s Rice Sector Warns of Rising Imports Undermining Local Production
Ghana’s rice industry is raising alarms over a sharp surge in rice imports that threatens the livelihoods of local farmers and the country’s push toward self-sufficiency in food production. According to the Association of Rice Farmers, Millers, and Maize Growers of Ghana, more than 200,000 tons of locally produced rice remain unsold, even as imports […]
Over 30 Businesses Honoured at Northern Ghana Business Merit Awards
More than 30 businesses and organisations across various sectors have been honoured at the 2nd Northern Ghana Business Merit Awards for their outstanding contributions to the region’s socio-economic growth and development. The ceremony, held in Tamale, recognised companies that have demonstrated excellence in job creation, innovation, sustainability, and community impact. Among the awardees were enterprises […]
Ghana Sees Massive Growth in Digital Payments — Transactions Hit ₵3 Trillion
Ghana’s financial sector is experiencing a digital transformation boom, as the Bank of Ghana (BoG) reports an unprecedented surge in electronic payments. According to the central bank, the value of digital transactions has skyrocketed from ₵266 million (about $24.7 million) in 2015 to over ₵3.02 trillion ($280 billion) in 2025. The growth is driven largely […]
Ghana Faces Potential Liquefied Petroleum Gas Shortage Amid Supply Challenges
Accra, Ghana – October 9, 2023 The Liquefied Petroleum Gas (LPG) Marketers Association of Ghana is warning of a potential gas shortage beginning next week, attributing the crisis to current LPG reserves and new import regulations introduced by the National Petroleum Authority (NPA). Vice President of the association, Gabriel Kumi, spoke to Joy Business, revealing […]
Ghana Cedi Shows Signs of Recovery Against Major Currencies
Accra, Ghana – The Ghana cedi experienced a slight recovery against the US dollar and other major foreign currencies last week, following the announcement that the country had achieved a significant participation rate from Euro bondholders in its efforts to restructure $13 billion of international debt. Additionally, the International Monetary Fund (IMF) reached a Staff […]
Ghana’s Year-on-Year Inflation Rises to 21.5% in September 2024
The year-on-year inflation for September 2024 has risen to 21.5%, up from 20.4% in August, according to the Ghana Statistical Service (GSS). The increase is largely attributed to a surge in food inflation, which jumped to 22.1% from 19.1% in the previous month. While food inflation saw a significant rise, non-food inflation experienced a slight […]