Building economy’s financial resilience through fintech

GCB Bank has welcomed the inauguration of the Non-Interest Financial Advisory Council (NIFAC) by the Bank of Ghana, describing it as an important milestone in Ghana’s journey towards a more inclusive, innovative and diversified financial system.

The Bank of Ghana is using Artificial Intelligence and machine-learning tools to strengthen inflation and growth forecasts as it seeks to reduce the time it takes for policymakers to identify shifts in economic conditions and respond to emerging risks.

The Bank of Ghana (BoG) and Securities and Exchange Commission (SEC) have inaugurated a Virtual Asset Coordination Committee to strengthen oversight of Ghana’s fast-growing digital asset market, as regulators prepare to fully operationalise the Virtual Asset Service Providers Act by 2027.

The Institute of Economic Affairs (IEA) has called for an increase in the mandatory share of gold purchased by Ghana Gold Board (GoldBod) from large-scale mining companies to 50 percent from the current 30 percent.

Ghana’s building cost inflation rose to 4 percent in July 2026 from 3.1 percent for June as higher material and plant costs more than offset a decline in labour costs, Ghana Statistical Service (GSS) has reported.

The Ghana Tourism Authority (GTA) has partnered AFRICA’s BRAIN BANK to support a six-day international summit in September that will culminate in the groundbreaking for a proposed Historic Medical City in Ada, positioning the project at the intersection of healthcare development, investment and medical tourism.

The Office of the Special Prosecutor (OSP) is renewing its push for lifestyle audits, unexplained wealth laws and broader non-conviction-based asset recovery powers after a Supreme Court ruling restored certainty over its prosecutorial mandate, the Special Prosecutor Kissi Agyebeng has said.

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