Ghana Minute.
Tuesday, 5 May 2026
Ghana’s news, on the hour · Est. 2026
Tuesday, 5 May 2026
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Organization

Ghana Statistical Service

Also known as: GSS

Ghana Statistical Service — produces official economic and demographic data, including inflation reports, labour statistics, and census findings.

Ghana Statistical Service data indicates that food and utilities drove 66.3% of Ghana's 2025 inflation, with food and non-alcoholic beverages contributing 52.3 percent and housing and utilities accounting for 13.8 percent. The service's 2025 Annual Inflation Report also shows that more than 1.3 million young Ghanaians were out of work, school or training in the third quarter of 2025.

2026-04-272026-05-05
Business

Ghana's economy projected to grow 4.6–5.9% in 2026

The News

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.

Why it matters

Updated forecast of 4.6–5.9% GDP growth for 2026 signals economic stabilization trajectory dependent on fiscal discipline and debt restructuring completion.

4 May 2026 · Business & Financial Times

Yesterday

  1. Ghana's economy projected to grow 4.6–5.9% in 2026

    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.

    4 May 2026 · Business & Financial Times

Friday 1 May

  1. Divorce dispute over businessman's wealth and ex-wife's contribution

    In a televised interview on The Delay Show on 25 April 2026, microfinance mogul Richard Nii Armah Quaye claimed his ex-wife Joana Quaye played no meaningful role in his wealth accumulation and that he was already prosperous before their marriage. According to court records and her legal team's statement, this claim is demonstrably false and contradicts documented evidence that he returned from the United Kingdom in 2009 unemployed.

    1 May 2026 · Business & Financial Times

Thursday 30 April

  1. Bank of Ghana warns inflation battle remains incomplete

    The Bank of Ghana cautioned that despite recent macroeconomic stability gains, the fight against inflation is not yet won, with inflationary pressures remaining complex and capable of resurfacing. The central bank's First Deputy Governor stressed that deeper analysis of price drivers—including exchange rate movements, food price volatility, and global commodity shocks—is essential for sustaining progress and effective policy formulation.

    30 April 2026 · Joy Online

  2. Food and utilities drove 66.3% of Ghana's 2025 inflation

    Food and non-alcoholic beverages contributed 52.3 percent to total inflation, while housing, water, electricity, gas and other fuels accounted for 13.8 percent, according to the Ghana Statistical Service's 2025 Annual Inflation Report. The report shows that domestic supply-side factors drove about 74 percent of total inflation, with goods accounting for nearly 79 percent.

    30 April 2026 · Joy Online

  3. Ghana's labour shift away from farming harms economic growth

    Ghana's agricultural employment fell from 53 per cent in 2000 to 40 per cent in 2022, with workers moving to construction and informal trading rather than higher-productivity manufacturing and modern services. A shift-share analysis shows this structural change has been productivity-neutral for two decades and actively growth-reducing since 2017.

    30 April 2026 · Business & Financial Times

  4. Government's Adwumawura Programme targets youth job creation through entrepreneurship

    The government's Adwumawura Programme, implemented by the National Entrepreneurship and Innovation Programme, selected 3,212 beneficiaries to receive grant funding for youth-owned businesses, and includes a Post Adwumawura Mentorship Programme to support scaling and early-stage challenges. According to Ghana Statistical Service data, more than 1.3 million young Ghanaians were out of work, school or training in the third quarter of 2025.

    30 April 2026 · Business & Financial Times

Wednesday 29 April

  1. Ghana grapples with abandoned buildings posing safety risks

    A recent building collapse in Accra Newtown highlights the growing problem of abandoned structures across Ghana's towns and cities. The 2021 Population and Housing Census shows 20 per cent of structures in the country are uncompleted, and the Building Regulations Act provides district assemblies with powers to compel owners to maintain or demolish hazardous buildings.

    29 April 2026 · Joy Online

  2. Non-interest banking could deepen Ghana's financial inclusion

    Ghana has expanded digital financial access—66 million registered mobile money accounts and GH¢1.9 trillion in transactions by 2024—but policymakers now face the challenge of deepening meaningful financial participation, particularly for small businesses, farmers, and entrepreneurs who struggle to access formal credit.

    29 April 2026 · Business & Financial Times

Monday 27 April

  1. Ghana's property market faces multiple legal and institutional risks

    Ghana's real estate sector attracts significant investor interest but conceals legal, institutional and socio-cultural vulnerabilities that expose buyers to financial and legal risks, including issues like multiple sales of single parcels and litigation engineered as business strategy.

    27 April 2026 · Business & Financial Times

  2. Baptist ministers' conference expresses concern over moral decline

    The Ghana Baptist Convention Ministers' Conference has expressed grave concern over falling moral standards across the country and called for urgent parental guidance, public education, and appropriate policies to promote healthy technology use among young children. The conference noted that the erosion of core values continues to affect national development and social cohesion.

    27 April 2026 · The Chronicle

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