Governance plays a direct role in whether small and medium enterprises survive, use resources efficiently, attract finance, and respond to market changes. In Ghana, where small enterprises dominate the business sector and many operate informally, effective governance—understood as clear responsibility, financial controls, reliable information, and decision-making rules—is particularly important, though may differ from large corporate structures.
9 September 2026 · Joy Online →
Technology governance—the systems and policies guiding how organisations acquire, manage and use technology—can improve SME productivity, competitiveness and sustainability in Ghana, though poorly designed governance can create compliance costs and cybersecurity risks. The World Bank identifies digital technology as a key source of productivity growth for Ghanaian businesses, where 98% are micro or small enterprises.
9 September 2026 · Joy Online →
Ghana's parliamentary Minority has renewed calls for an inquiry into the Ghana Gold Board, citing a World Bank economic update that described GoldBod operations as a "significant and insufficiently monitored risk" to the economy and raised concerns about how gold reserves acquired through the Domestic Gold Purchase Programme are tracked.
9 September 2026 · Joy Online →
The Public Utilities Workers Union has urged the government to take greater ownership of Ghana's energy sector challenges rather than relying heavily on IMF and World Bank prescriptions, and questioned why Independent Power Producers' pricing was not receiving greater attention in sector reform discussions.
9 September 2026 · Joy Online →
The Public Utilities Workers Union has challenged the IMF and World Bank to broaden their focus on Ghana's energy crisis to include the pricing structure of Independent Power Producers, arguing that IPP agreements and generation costs are key concerns that must be addressed for lasting energy sector stability.
9 September 2026 · Joy Online →
The Public Utilities Workers Union argues Ghana has capacity to address its energy challenges independently, suggesting focus on structural problems like power generation costs and Independent Power Producer agreements rather than external financing. The IMF estimates a US$1.1 billion sectoral financing shortfall in 2026 due to collection losses and costly generation contracts.
9 September 2026 · Joy Online →
The Public Utilities Workers Union has challenged the World Bank's approach to Ghana's energy challenges, arguing that reform efforts should prioritise structural issues such as power generation and Independent Power Producer pricing rather than other areas. The union's deputy general secretary said Ghana has the capacity to address its challenges without overreliance on international institutions.
9 September 2026 · Joy Online →