Despite the progress made by the government in restoring macroeconomic stability, the energy sector remains one of the most significant fiscal risks facing the country, Deloitte has disclosed in its assessment of the Mid-Year Budget Review. …
Partner at Deloitte, Yaw Appiah Lartey, has raised concerns over government’s capital expenditure performance, warning that a 40 per cent underspend could affect the implementation of major development projects. …
Deloitte is forecasting inflation to decline to 4.90% in July, then taper off in half-year 2026 as the harvest food season begins and food supply improves. …
Yaw Appiah Lartey, Deloitte Africa’s Head of Infrastructure and Capital Projects (I&CP) and Partner, Strategy and Transactions, has called for the adoption of ‘Blended Finance’, saying it plays a critical role in bridging funding gaps for infrastructure and business development p …
In its continued bid to empower individuals and businesses across Ghana through its extensive product offering, Access Bank (Ghana) Plc, in partnership with Deloitte Ghana, has successfully hosted a Women Business Workshop designed to arm female entrepreneurs with practical finan …
Rising fuel costs pose a risk to Ghana’s 2026 inflation outlook, as high oil prices will pass through into elevated energy costs and transport fares, Deloitte has disclosed in its monthly inflation outlook. …
Deloitte has commended the government for encouraging domestic revenue mobilization in the Mid-Year Budget Review, noting that non-oil tax revenue increased from 12.6% of GDP in 2024 to 13.1% in 2025, driven by improved compliance and administrative efficiency rather than higher tax rates. The firm urged the government to continue pursuing reforms that broaden the tax base and improve compliance, arguing that sustainable increases in Ghana's tax-to-GDP ratio will be achieved more effectively through administrative reforms than through repeated increases in tax rates.
Deloitte has commended the government for encouraging domestic revenue mobilization in the Mid-Year Budget Review, noting that non-oil tax revenue increased from 12.6% of GDP in 2024 to 13.1% in 2025, driven by improved compliance and administrative efficiency rather than higher tax rates. The firm urged the government to continue pursuing reforms that broaden the tax base and improve compliance, arguing that sustainable increases in Ghana's tax-to-GDP ratio will be achieved more effectively through administrative reforms than through repeated increases in tax rates.
Deloitte has identified the energy sector as one of Ghana's most significant fiscal risks, warning that without meaningful reforms, losses could migrate to the government's balance sheet and undermine debt sustainability progress. The firm urged the government to pursue energy sector reforms with urgency and consistency, and welcomed the Finance Minister's emphasis on strengthening public financial management controls.
A Deloitte partner has warned that government's 40 per cent underspend on capital expenditure could affect implementation of major development projects, despite some positive outcomes from savings in compensation and interest payments.
Deloitte expects inflation to decline to 4.90% in July 2026 as the harvest season begins and food supply improves, while non-food inflation is anticipated to ease due to lower global oil prices and cedi appreciation. The Bank of Ghana's Monetary Policy Committee is expected to hold the policy rate unchanged in July, balancing inflation risks with currency stability and economic recovery.
An opinion piece argues that organizational strategy often fails not at the planning stage but in communication: only 28 percent of employees can name their organization's top three strategic priorities, and leaders must make the corporate vision "audible" to all staff, not just boardroom participants.
Ghana's economic recovery is attracting foreign investment, but many businesses fail to address tax and regulatory considerations during market entry, creating avoidable compliance risks and unexpected costs. Integrating tax planning into the broader market entry strategy helps businesses align operational structures with long- and short-term tax and regulatory requirements.
Deloitte Africa's head of infrastructure says blended finance—combining public, philanthropic, and commercial capital—is critical for funding projects in the US$1–5 million range that struggle to attract conventional financing in Ghana and across the continent.
Access Bank Ghana and Deloitte Ghana jointly hosted a Women Business Workshop to provide female entrepreneurs with practical financial knowledge and strategic insights. The bank's Head of Women Banking emphasized that while capital is important, many women entrepreneurs need financial literacy and strategic direction to scale their businesses.
Tema Oil Refinery Managing Director Edmond Kombat was honoured for exceptional leadership and strategic vision at the 10th Ghana CEOs Summit. The recognition follows TOR's recent receipt of one million barrels of Bonga crude oil and efforts to revitalise refinery operations.
Deloitte warned that high oil prices will pass through to elevated energy costs and transport fares, posing a risk to Ghana's inflation outlook in 2026, while the Bank of Ghana is expected to adopt a cautious stance on interest rate cuts amid mounting inflationary pressures. Food inflation may rise due to seasonality and reduced supply of staple crops, while non-food inflation is expected to increase due to rising housing, utility, and transport costs.
A 2026 Deloitte survey found that 55% of Gen Z and 52% of millennials have delayed major life decisions—including starting a family, furthering education, or launching a business—citing financial strain as the primary reason. Cost of living remains the top concern for these generations for the fifth consecutive year, with nearly half reporting they live paycheck to paycheck.
A Deloitte partner stated that energy efficiency is a practical way for organisations and individuals to manage costs and reduce greenhouse gas emissions. Ghana's Director of Renewable Energy and Green Transition described energy efficiency as an economic, security, and climate strategy essential for building an affordable, secure, and resilient energy system.
A new report by the Chamber of Commerce and Industry France and Ipsos forecasts Ghana's real GDP growth between 4.6 and 5.9 percent by year-end 2026, as the economy shifts from crisis management toward stabilization and recovery. The forecast depends on fiscal discipline and completion of debt-restructuring efforts, with inflation expected to stabilize within a 6 to 10 percent target band.
The Bank of Ghana published audited 2025 financial statements on 1 May 2026, showing a net loss of $1.25 billion and total comprehensive losses of $2.80 billion; cumulative negative equity reached approximately $9 billion, widening from $3.99 billion the previous year.
The Bank of Ghana published its audited 2025 financial statements on 1 May, revealing a net loss of $1.25 billion and total comprehensive losses of $2.80 billion, with cumulative negative equity reaching approximately $9 billion, widening from $3.99 billion a year earlier.
Ghana recorded year-on-year inflation of 3.2% in March 2026, extending a 15-month disinflation streak, though Deloitte warns that upside risks remain from foreign exchange effects, global commodity prices, and administered price adjustments. The firm noted that fiscal consolidation targeting a 1.5% primary surplus of GDP should support price stability, with near-term inflation pressures expected to be temporary and concentrated in utilities, fuel, and seasonal food items.