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GSS: Informal sector employs 80% of Ghanaians yet contributes just 27% to GDP

Ghana’s informal sector, which employs nearly 80% of the workforce, contributes only 27% to the country’s GDP, exposing a significant productivity gap, according to...

Business

Gold prices to rise in 2025 due to US interest rate cuts, others – Databank Research

Gold prices are projected to experience a significant surge in 2025, according to the latest projections from Databank Research in its Ghana Market Outlook...

Business

Ghana’s GDP growth projected to increase, inflation revised to 18%

Ghana's economy is expected to grow steadily, reaching around 5.0% growth in the coming years. This matches many predictions from global research groups. The International...

News

Ghana on track to exceed IMF’s GDP growth projection of 4% for 2024 – Finance Ministry

The Ministry of Finance has stated that Ghana is on course to surpass the International Monetary Fund's (IMF) 2024 GDP growth projection of 4%. The...

News

Global GDP growth rate predicted to reach 2.7% in 2025 – Goldman Sachs

Goldman Sachs Research anticipates steady global economic growth in 2025, projecting a 2.7% expansion in worldwide GDP, slightly above the Bloomberg consensus and consistent...

Independent Africa

African leaders push for natural assets to count in GDP

African leaders urge inclusion of natural capital in GDP calculations. In a statement released on November 13 at COP29 in Baku, they highlighted Africa’s forests'...

Business

SMEs contributes 70% to the country’s GDP – Dr Amin Adam

Finance Minister, Dr. Mohammed Amin Adam, has indicated that the impressive 5.8% economic growth recorded in the first half of the year, the highest...

Headline

Each Ghanaian owes over GHC22K as public debt hits GHC761.2bn

Ghana’s public debt has surged to GH¢761.2 billion ($51.1 billion), representing 75.7 percent of the country's GDP, according to the latest data from the...

Business

Ghana’s public debt reached GHS742bn by June 2024, representing 70.6% of GDP

Finance Minister Dr. Mohammed Amin Adam has announced that, as of the end of June 2024, the provisional total central government debt stood at...

News

Ghana witnessed 2.9% GDP growth in 2023 – Amin Adam

During the Ministry of Finance's monthly briefing on Friday, May 24, Finance Minister Dr. Mohammed Amin Adam unveiled Ghana's Gross Domestic Product (GDP) growth...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

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