Ghana

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The pension market in Ghana traces its roots to the post-independence Compulsory Savings Scheme of the early 1960s, which was the country’s first nationwide pension scheme. Following several amendments to the system, a 1972 decree created the Social Security and National Insurance Trust (SSNIT), which was charged with the administration of the...

 

The restructuring of the financial sector resulted in the creation of the financial market in Ghana. The market is made up of equity, bond, foreign exchange and derivative markets, with the money market dominating the financial markets.

 

Even amidst a broader economic slowdown, Ghana’s energy consumption continues to expand, underlining the urgency of boosting generation capacity and improving access to power. Over the past few years, problems with imported supply and low levels of rainfall have constricted feedstock for the country’s power plants, resulting in bouts of load...

 

What role will coal play in Ghana’s energy mix?

 

According to the Association of Ghana Industries’ first quarter 2016 Business Barometer, 71% of businesses cited high utility prices as their primary constraint to growth. Energy-intensive consumers, like those in the industrial sector, were hit hardest by tariff changes. In the first half of 2016 crude oil prices remained relatively stable;...

 

The launch of gold production at several new mining sites and a recovery in gold prices appear to be offsetting a trend towards decline in Ghana’s gold production and revenue, while ongoing exploration backed by greenfield investments is signalling further untapped potential in the country’s gold mining. These developments, along with the...

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