Author: GN Reporter

Ghana’s progress in budget transparency has suffered a dramatic setback, plummeting from a 46-point score in 2023 to just 22 in 2025, according to the latest Open Budget Survey (OBS) 2025. The decline, revealed in the global assessment of public financial management, underscores deepening concerns over the country’s commitment to accountability, openness, and fiscal responsibility. The survey, conducted by the International Budget Partnership (IBP), evaluates 122 countries across three core pillars: budget transparency, public participation, and oversight. Ghana’s overall score of 25 out of 100—far below the internationally benchmarked threshold of 61—signals systemic failures in how the government discloses, engages,…

In a significant development for Ghana’s banking sector, Standard Chartered Bank (SCB) has reportedly initiated a strategic review of its retail operations in the country. The move, which has sparked discussions among industry analysts and market observers, signals a potential shift in the bank’s long-term positioning within Ghana’s competitive financial landscape. A Strategic Reassessment of Retail Banking in Ghana Standard Chartered Bank, a prominent player in Ghana’s financial services industry, has been a key contributor to the country’s banking sector for decades. With a robust retail footprint, the bank has served millions of customers across Ghana, offering a wide range…

Ghana’s automotive industry stands at a pivotal juncture, with Minister for Trade and Industry, Hon. Kwaku Asante-Duah, emphasizing that a business-friendly environment and cost-effective operational frameworks are indispensable for sustained growth in the sector. Speaking at a recent industry engagement, the Minister underscored the need for strategic interventions to position Ghana as a regional hub for automotive manufacturing, leveraging its strategic location, skilled workforce, and robust infrastructure. A Business-Friendly Environment: The Bedrock of Automotive Growth The Minister’s remarks came against the backdrop of Ghana’s ambitious Automotive Industry Development Master Plan (AIDMP), which aims to transform the country into a leading…

In a significant development for Ghana’s financial sector, Standard Chartered Bank (SCB) has reportedly initiated exploratory discussions regarding the potential sale of its retail banking operations in the country. The move, which has sparked speculation among industry observers, comes at a time when global financial institutions are reassessing their regional strategies amid evolving economic conditions, regulatory pressures, and competitive dynamics. Background: Standard Chartered’s Presence in Ghana Standard Chartered has been a prominent player in Ghana’s banking sector for over 60 years, establishing itself as one of the most trusted foreign banks in the West African nation. The bank’s retail operations…

The recent announcement by MoveAndDream, a prominent Nigerian music executive and entrepreneur, that he is expanding into drama production has ignited a broader conversation about the future of Nigeria’s entertainment industry. Known for his socially conscious music projects and collaborations with leading artists, MoveAndDream’s foray into filmmaking—marked by the release of a teaser for his upcoming series, Moves—has challenged traditional perceptions of how entertainers should operate. While some observers initially questioned whether this shift signaled a departure from music, MoveAndDream clarified that his new venture is not a rejection of his musical roots but rather an organic extension of his…

Ghana’s entertainment industry has never been short of drama, but the week of 9–13 March 2024 was particularly volatile, blending financial revelations, family feuds, legal tensions, and unexpected personal disclosures. From behind-the-scenes financial struggles of legendary figures to high-profile political musings and emotional family revelations, the week’s headlines have left fans, critics, and industry insiders buzzing. Here’s a detailed breakdown of the five most impactful stories that dominated Ghana’s entertainment landscape this week—stories that went beyond the surface to expose the complexities, controversies, and human stories shaping the nation’s cultural narrative. 1. The Financial Sacrifices Behind Ebony Reigns’ Rise: RuffTown’s…

The Economic and Commercial Office of the Embassy of Spain in Accra recently hosted the eighth edition of Taste Spain Accra, a high-profile gastronomic and trade exhibition designed to strengthen commercial ties between Ghana and Spain. The event, held under the patronage of ICEX Spain’s Trade and Investment Agency, served as a pivotal platform for Spanish food and beverage producers to engage with Ghanaian importers, distributors, and industry professionals. A Strategic Expansion of Trade and Culinary Exchange Building on the success of the 2022 edition, this year’s exhibition focused on expanding market access for Spanish agri-food products while fostering long-term…

Ghana is poised to take a significant step toward fostering economic resilience and inclusive growth as it prepares to host the Ghana Business Growth Summit, a high-profile event designed to champion the development of Micro, Small, and Medium Enterprises (MSMEs) in alignment with World MSME Day celebrations. Scheduled to attract policymakers, entrepreneurs, investors, and industry experts, the summit aims to provide a strategic platform for addressing the unique challenges faced by Ghana’s MSME sector while exploring innovative solutions to accelerate sustainable growth. The Significance of MSMEs in Ghana’s Economy MSMEs form the backbone of Ghana’s economy, contributing significantly to employment…

Ghana is taking a monumental step toward self-reliance in healthcare as the National Vaccine Institute (NVI) prepares to launch locally manufactured vaccines by 2027, a move that has received overwhelming endorsement from community leaders, traditional rulers, and frontline healthcare workers. The initiative, which aims to reduce dependence on foreign vaccine imports and strengthen national health security, is being hailed as a transformative milestone in Ghana’s pharmaceutical sector. A Call for National Pride and Trust in Locally Produced Vaccines The push for domestic vaccine production has resonated deeply with Ghanaian communities, particularly among traditional leaders and healthcare practitioners who have long…

The New Patriotic Party (NPP) has escalated its concerns over what it describes as a systematic campaign of political persecution in Ghana, formally petitioning members of the diplomatic corps to intervene in what it terms a dangerous erosion of democratic freedoms. In a comprehensive statement issued in Accra, the opposition party has accused President John Dramani Mahama’s government of suppressing dissent, undermining judicial independence, and weaponising state institutions to silence critics, journalists, and opposition figures. A Culture of Intimidation and the Criminalisation of Free Speech The NPP’s petition paints a disturbing picture of a Ghana where political opposition is met…