The rollout of new micro-insurance products in partnership with mobile operators is allowing Ghana to deepen penetration rates, something that has historically proven tricky due to its large informal sector and a lack of consumer awareness.
Ghana Economy
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Economic update | Ghana contemplates ending IMF credit agreement as scheduled amid improving fiscal balance
31 May 2017
Lower inflation figures and higher growth forecasts in Ghana are raising the prospects for a stronger economic recovery over the coming year, prompting the government to reiterate its commitment to deficit reduction targets – although much work remains to be done.
Ghana’s 2017 budget contains a range of incentives and reforms – including the removal of value-added tax (VAT) on financial services and property sales – that aim to bolster the private sector and sustain a recovery in foreign investment.
Economic update | Ghana Year in Review 2016
19 Jan 2017
Soft commodity prices, disruptions to oil and gas production, and a depreciating currency saw Ghana’s economy slow in 2016, though the country’s new government is expected to benefit from a strong rebound over the coming year.
Articles & Analysis | Ghana's government works to formalise the shadow economy from The Report: Ghana 2017
Like many sub-Saharan African countries, Ghana faces the challenge of formalising a very substantial informal sector that operates primarily outside of the government’s purview. According to the Ghana Statistical Service (GSS), 46.1% of the labour force was employed in the agriculture sector in 2013. Outside of agriculture, 77.7% of the labour...
Interviews & Viewpoints | Mawuena Trebarh, CEO, Ghana Investment Promotion Centre (GIPC): Interview from The Report: Ghana 2017
Which sectors of Ghana’s economy offer the greatest opportunities for foreign investors?