Category: Business

The Second Deputy Governor of the Bank of Ghana, Mrs. Matilda Asante-Asiedu, has underscored leadership as the decisive factor in shaping how artificial intelligence (AI) influences business and society. Speaking at the GIMPA Business Students Association (GiBSA) Alumni Lecture Series, Mrs. Asante-Asiedu praised the theme, “Shaping Tomorrow’s Leaders: The Role of Artificial Intelligence, Industry, and...

 The International Monetary Fund has projected that global economic growth will ease to 3.1% in 2026, pointing to escalating geopolitical tensions — particularly the ongoing conflict in the Middle East — as a key drag on momentum. The forecast, contained in the Fund’s April 2026 World Economic Outlook, signals a weakening global trajectory under rising...

Manufacturers of sachet water packaging have appealed to government for support, after deciding to maintain current prices despite rising production costs. The call was made by the President of the Ghana Plastic Manufacturers’ Association, Ebbo Botwe, at a press conference in Accra on Wednesday, April 8, 2026. “We hope that the Minister of Trade, Agribusiness...

The World Bank has projected Ghana’s economy to expand by 4.8 percent in 2026, down from an estimated 6.0 percent in 2025, signaling a moderation in momentum after a strong post-pandemic rebound. According to the Bank’s latest Africa Economic Update, the slowdown reflects tightening domestic conditions and external pressures, even as Ghana’s macroeconomic fundamentals continue...

 Ghana’s Finance Minister, Cassiel Ato Forson, has called on ECOWAS member states to honor their capital subscription obligations to the ECOWAS Bank for Investment and Development (EBID), stressing that timely payments are critical to sustaining the Bank’s growth and impact. Speaking as Chairman of the Board of Governors at the 24th Ordinary Session of EBID...

The National Petroleum Authority (NPA) has disclosed that Ghana currently holds nearly eight weeks’ worth of diesel imports and close to seven weeks of petrol imports, ensuring a cushion against possible supply interruptions. Speaking at the COMAC Safety Week on Tuesday, April 7, NPA Chief Executive Officer Godwin Edudzi Tameklo said measures have been instituted...

The International Monetary Fund (IMF) has cautioned that widening global imbalances are rooted in domestic economic choices rather than trade tariffs or narrow industrial policies, challenging the growing tilt toward economic nationalism in policymaking. In a policy discussion at the start of April, the IMF Executive Board endorsed a staff paper that comes at a...

 Policy think tank IMANI Africa has expressed legal and procurement concerns regarding changes to insurance arrangements at the Ghana National Gas Company, cautioning that disruption of an established structured insurance programme could have ripple effects across international reinsurance markets. The issues are outlined in the second instalment of IMANI’s Insurance Question series, which identifies the...

The Ministry of Trade, Agribusiness & Industry has assured the public that the price of sachet water will remain unchanged, following the suspension of a planned price adjustment by producers. In a statement issued Monday, the Ministry commended the Ghana Plastic Manufacturers Association (GPMA) and the National Association of Sachet and Packaged Water Producers (NASPAWAP)...

 Governor Johnson Pandit Asiama of the Bank of Ghana underscored the country’s economic resilience during the Governor’s Roundtable session at the Kwahu Business Forum, assuring the business community of continued stability in the financial markets. Reflecting on Ghana’s economic performance in 2025, Dr Asiama pointed to strong macroeconomic indicators, including a stable exchange rate. “The...