Economy expands 7.4% in July as services, industry rebound

Government expects the  economy to outperform the International Monetary Fund’s revised growth forecast of 5.7 percent for 2026, with Finance Minister Dr. Cassiel Ato Baah Forson attributing the improved outlook to fiscal discipline and reforms aimed at restoring macroeconomic stability.

The Ghana Employers’ Association (GEA) has called for a policy predictability compact between government and the private sector to reduce uncertainty, strengthen business confidence and encourage long-term investment in productive assets.

The Managing Director of Agricultural Development Bank (ADB) PLC, Edward Ato Sarpong, has commended the Bank of Ghana (BoG) and government  for their commitment to strengthening the country's financial system.

The Ghana Revenue Authority (GRA) has identified about 100 additional non-resident digital service providers that are not charging and remitting applicable taxes, as it moves to widen compliance under its digital Value Added Tax (VAT) collection system.

Households that rely on liquefied petroleum gas (LPG) for cooking could face a steep rise in fuel costs in during second half-October, although motorists are expected to benefit from lower petrol and diesel prices.

The Ghana Shippers’ Authority (GSA) and the Bank of Ghana (BoG) have concluded a nationwide sensitisation campaign on the revised Letter of Commitment (LOC) guidelines,

Fidelity Bank Ghana has completed its commitment to build or renovate 15 basic schools in underserved communities across Ghana with the inauguration of newly constructed and renovated facilities at Ogome Anglican Basic School in the Yilo Krobo Municipality.

The government’s latest push to bring small-scale mining into the formal economy has reached Ahanta West and Mpohor Fiase in the Western Region, with the success of the initiative likely to hinge on whether miners can gain access to legal concessions, operate responsibly and create tangible benefits for their host communities.