• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Ghana achieved independence from British colonial rule in 1957, making it the first African country to do so. After enduring decades of post-independence instability and intermittent military rule, the country is now widely regarded as a stable democracy, a regional economic powerhouse and a key continental player.

 

How might Ghana make its business environment more attractive for foreign direct investment?

Between 2017 and 2020 Ghana recorded an average GDP growth rate of 7%, among the highest in the world. In 2020 – when the global economy and sub-Saharan Africa’s contracted by 3.5% and 2.1%, respectively – Ghana was one of the few countries that registered positive GDP growth. This is a testament to the government’s Ghana Beyond Aid vision. While Covid-19 infection rates and...

In December 2020 Ghanaians went to the polls to elect a president and members of Parliament. The incumbent head of state and leader of the ruling New Patriotic Party (NPP), President Nana Akufo-Addo, was re-elected in the first round of voting over former President John Dramani Mahama, the candidate for the main opposition party, the National Democratic Congress (NDC). This...

Articles & Analysis | Restful stay: from The Report: Ghana 2022

TANG PALACE HOTEL Borstal Ave, Airport Residential Area, PO Box 20133 T: (233) 243 500 692/95 www.tangpalacehotel.com.gh/en info@tangpalacehotel.com.gh Rooms: More than 100 rooms, including a presidential suite, a ministerial suite, an executive suite and junior suites, as well as superior and executive rooms, and duplex rooms for families or...

LANGUAGE: English is widely spoken in the country and is the language for government and business affairs. However, knowledge of basic words in Twi – Meda wo ase (Thank you); Wo ho te sen? (How are you?) – or other local languages will be highly valued.

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