In 1957 Ghana became the first African country to achieve independence from a European colonial power, and today it is one of the continent’s most vibrant democracies. The 2016 elections saw Nana Akufo-Addo, now president, speak to voter dissatisfaction with the economy, which at the time was suffering from the protracted downturn in global prices of its chief commodity exports. The election...
Ghana Economy
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Chapter | Country Profile from The Report: Ghana 2019
Ghana continues to be one of the most stable countries in sub-Saharan Africa and has developed substantially over the years. Now one of Africa’s fastest-growing economies, the country is starting to move away from traditional resource dependency. However, it faces the challenge of ensuring the widest benefit from that expansion, given its growing and increasingly urbanised population.
Economic update | Ghana: Year in Review 2018
22 Jan 2019
Expanding industrial output, including from its extractive industries, helped Ghana maintain economic momentum throughout 2018, with the prospect of a similar performance in the coming year.
Ghana’s newly rebased GDP presents a larger and more diverse economy, with greater appeal for lenders and investors.
Articles & Analysis | Tax liabilities: Impacts of the trend towards lower corporate tax rates on developed and developing economies from The Report: Ghana 2018
Recent decades have seen a downward convergence in corporate tax regimes as advanced, emerging and developing economies moved to grab a bigger slice of the global investment pie. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s. Alongside lower average rates, special tax incentives aimed at capturing...
