How can the overall contribution of insurance to Ghana’s GDP be increased?
A 2016 report released by the Ghana Statistical Service estimated that businesses in the informal sector make up 62% of all commercial enterprises. Although self-employed persons are required to pay income tax, the Ghana Revenue Authority (GRA) only has 200,000 informal workers registered in its files. With limited demographic records and the...
As is the case in emerging and frontier markets the world over, for the Ghanaian capital markets to play a key role in the domestic economy, new listings of companies on the Ghana Stock Exchange (GSE) are needed. This is no easy proposition in economies where companies are frequently privately held, with family owners and investors tending to...
What criteria does the Bank of Ghana use as the basis for its monetary policy decisions?
Since assuming power in January 2017, the administration of President Nana Akufo-Addo has sought to move swiftly to restart the Ghanaian economy after a period of sluggish growth. As with many West African countries, local industry is strongly correlated with global commodities. Oil, gold and cocoa provide the three main sources of foreign...
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