News

Ghana will invest the equivalent of $10 billion between 2027 and 2030 under its New Economy plan to expand production, value addition and jobs.

The United Nations in Ghana has welcomed the inclusion of former UN Secretary General Kofi Annan on Ghana’s new Heritage Series banknotes.

The Bank of Ghana (BoG) will introduce its upgraded Heritage Series banknotes into circulation starting December 1, 2026, while assuring the public and businesses that all existing Ghana cedi notes will remain legal tender and continue to circulate alongside the new currency.

Spanish officers have intercepted 2.6 tonnes of cocaine from Ghana hidden in coconut crates from Tema Port, arresting two suspects in Almería.

90% of survey participants identify illegal mining (galamsey) as a direct threat to commercial operations and the wider investment climate.

A joint KPMG/UNDP 2027 Pre-Budget Survey shows broad private-sector interest in Ghana’s 24H+ Economy Programme—with roughly 32% of businesses willing to consider investing or expanding under the initiative—but most respondents stress that turning interest into active investment requires affordable finance, reliable power, and predictable regulations.

Only 36% of respondents in the KPMG/UNDP 2027 Pre-Budget Survey describe Ghana’s electricity supply as very or mostly reliable, highlighting persistent concerns over power stability as businesses and households look to the 2027 Budget for stronger energy sector reforms.

More than half of respondents in the KPMG/UNDP 2027 Pre-Budget Survey have identified the cost of living as a critical national priority, underscoring that household price pressures remain acute even as broader macroeconomic indicators show signs of stabilization.

Job creation and youth employment have emerged as the single most pressing priority Ghanaians want addressed in the 2027 National Budget, with 71% of respondents calling for targeted fiscal interventions to expand employment opportunities, according to a joint pre-budget survey by KPMG and the United Nations Development Programme (UNDP).

Ghana’s National Daily Minimum Wage will rise to GH¢25.04 in 2027 and GH¢28.79 in 2028 under a new two-year agreement by the National Tripartite Committee.

Ghana will host the 27th Extraordinary Session of the AU Executive Council on November 13 in Accra to tackle African Union financing and reforms.