The UK- Ghana Chamber of Commerce (UKGCC), a member-based trade association that promotes trade between the UK and Ghana, has released the 5th edition of its annual Ghana Business Environment and Competitive Survey Report for the year 2023. Over 690 businesses, including UKGCC member and non-member companies from 16 industries and ranging from small to […] The post

Dr. Ernest Addison, the Governor of the Bank of Ghana (BoG), has expressed unwavering optimism regarding the nation’s economic recovery, despite the challenges ahead. His remarks came during a joint press conference with the International Monetary Fund (IMF) following the successful completion of the first review of Ghana’s US$3billion, a three-year Extended Credit Facility (ECF) […] The post

Domestic rice production still hovers around 40 percent, with barely a year to exhaust the Ministry of Food and Agriculture’s (MoFA) target for meeting rice production self-sufficiency. Though local production has been increasing minimally over recent years from 30 percent in 2015, stakeholders are apprehensive MoFA may not meet the National Rice Development Strategy II […] The post

The Minister of Energy, Dr. Mathew Opoku Prempeh, underscored the critical role played by the Bulk Oil Storage and Transportation Company (BOST) in fostering economic stability over the past few years. Speaking at an event to commemorate the 30th anniversary of BOST in Accra, Dr. Opoku Prempeh highlighted the state-owned firm’s contributions to economic stability, […] The post

The start of the Business in a Box (BizBox) project and other initiatives under the Ghana Enterprises Agency (GEA) are expected to help create some one million jobs, Vice President Dr. Mahamudu Bawumia has said. He said in the last seven years, a total of 2.1 million jobs were created – 1.2 million in the […] The post BizBox, others to create one million jobs

It is essential for policy-makers to carefully assess the  broader economic consequences of the 21 percent VAT imposition on end user electricity tariffs and consider a more balanced approach that protect the sustainability of the power sector, support economic recovery, stability and industrialisation. In line with the efforts being made toward economic recovery, imposing a […] The post