Will backing the cedi with gold work?

Construction-sector inflation rose to 5.1 percent in September 2026, driven primarily by surging plant and equipment costs according to Ghana Statistical Service’s (GSS) Prime Building Cost Index (PBCI).

Over the past week, many Ghanaians have asked a fair question: will paying for a streaming subscription, cloud storage or an online game soon cost more because of the introduction of a collection and monitoring system?

Chai Energy, a special purpose vehicle (SPV), is preparing to raise about US$300million, roughly GH¢3.5billion, through an initial public offering (IPO) to acquire equity stakes in two operating independent power producers (IPPs), according to a source close to the deal and a transaction document seen by B&FT.

In a landmark milestone for cross-border financial services between Africa and Asia, GCB Bank PLC, Ghana’s largest bank, has partnered with UnionPay International to issue UnionPay debit and prepaid cards.

The Bank of Ghana (BoG) is exploring a data-driven approach that could give monetary policymakers faster signals of inflationary pressures, using artificial intelligence (AI) and online prices to estimate changes in consumer costs before official statistics are released.

Atwima Kwanwoma Community Bank Plc, located at Pakyi No2 in the Atwima Kwanwoma District of the Ashanti Region, posted one of its most impressive financial performances in recent years, recording a remarkable 15.25% growth in profit before tax for the 2025 financial year.

On 2–3 November 2026, Accra becomes the meeting point for Africa’s financial future. The Securities and Exchange Commission, Ghana, is convening the Africa Virtual Asset Summit at the Kempinski Hotel Gold Coast City.

Ghana must improve airport operational efficiency, passenger experience and financial sustainability to realise its ambition of becoming a preferred aviation hub in West Africa, Transport Minister Joseph Bukari Nikpe has said.