Ghana in Numbers

Which Banks Operate the Most Efficient Workforce? Employee costs represent one of the largest operating expenses for banks. While higher spending can reflect greater investment in talent and technology, lower spending may indicate leaner operations or different business models. Understanding cost per employee helps investors, analysts, and policymakers compare operational efficiency across institutions. Cost per employee in Ghana's Banking Sector FY 2025 Using FY2025 audited

From MASLOC CEO to Court of Appeal Acquittal. The legal battle involving former Microfinance and Small Loans Centre (MASLOC) Chief Executive Officer Sedina Tamakloe-Attionu has become one of Ghana's most closely watched public sector corruption cases. Spanning more than a decade, the case has moved from allegations of financial misconduct to extradition from the United States and, most recently, a landmark Court of Appeal ruling that overturned her conviction. The Sedina Tama

What the Numbers Reveal About the 9th Parliament Religion is an important part of Ghanaian society, yet discussions about the religious composition of Parliament are relatively rare. By analysing the official profiles of all 270 Members of Parliament in Ghana's 9th Parliament, an interesting picture emerges of how religious affiliation is distributed across political parties. Religious affiliation in Ghana's 9th Parliament According to data extracted from official parliamenta

Who Leads the Digital Audience in 2026? TV3 remains Ghana's most-followed television station on X (formerly Twitter), but the race for digital influence is becoming increasingly competitive. While established broadcasters continue to dominate follower counts, several stations are recording impressive growth as they expand their online presence. Ranking TV Stations in Ghana by Followers on X Social media has become one of the most important platforms for news distribution, aud

Ghana's macroeconomic outlook has improved significantly in the first half of 2026, according to the 2026 Mid-Year Fiscal Policy Review. After several years of economic adjustment under the IMF-supported programme, the country's key economic indicators point to stronger growth, lower inflation, declining public debt, and healthier external reserves. Ghana's Economy in H1 2026: Four Strong Signals and One Key Risk Growth Continues to Outperform Expectations Real GDP expanded b

Ghana's cocoa industry remains one of the country's most important economic pillars, generating export earnings, supporting rural livelihoods, and contributing significantly to government revenue. However, the latest financial results from the 2024 State Ownership Report reveal a difficult year for the major state-linked institutions operating across the cocoa value chain. Together, the Ghana Cocoa Board (COCOBOD), Cocoa Processing Company (CPC), and PBC Ltd recorded a combin

A Timeline of the Samreboi Illegal Mining Case. The conviction and sentencing of Bernard Antwi Boasiako, popularly known as Chairman Wontumi, marks one of the most closely followed legal proceedings involving illegal mining in Ghana. The case attracted nationwide attention because of Wontumi's political profile and the broader national debate over illegal mining, commonly referred to as galamsey. How did Chairman Wontumi's case end in a 20-year sentence? The legal process beg

Full Ranking of All 23 Banks Ghana's banking industry delivered another year of strong profitability in 2025, although the gains were concentrated among a handful of institutions. Based on published financial statements, the country's 23 banks generated approximately GH¢23 billion in profit before tax (PBT), highlighting the continued resilience of the sector despite a challenging macroeconomic environment. Ranking Banks in Ghana by Profitability (2025 Financials) Leading the

Ghana's 54 state-owned enterprises (SOEs) collectively lost GHS 10.3 billion in FY2024, even though almost two-thirds of them turned a profit. That contradiction, most SOEs in the black, the portfolio still deep in the red, is the story hiding inside the government's own numbers. Ranking Ghana's State Owned Enterprises by Profitability The data comes from the [2024 State Ownership Report](https://siga.gov.gh/siga-resources/2024-state-ownership-report-2/), published by Ghana's

Introduction Asset quality remains one of the most important indicators of banking sector stability. In Ghana, non-performing loans (NPLs) have long constrained profitability, weakened capital positions, and limited banks' ability to expand lending. The FY2025 financial statements provide a fresh view of how individual banks are managing credit risk and how close the industry is to meeting the Bank of Ghana's ambitious target of reducing sector-wide NPLs to 10% by the end of

How a US$11.6 Million Civil Judgment Led to Property Seizure The legal dispute involving Andrew Takyi-Appiah, Chief Executive Officer of Zeepay Ghana Limited, and businessman Michael Yusuf has attracted significant public attention because of its financial magnitude and implications for Ghana's fintech industry. The case moved beyond a commercial disagreement after the High Court's Commercial Division entered a summary judgment exceeding US$11.6 million, together with additio

Strong Growth with Liquidity Worth Monitoring. GCB Bank delivered an impressive FY2025 performance, reinforcing its position as one of Ghana's leading commercial banks. Based on its audited bank-level financial statements, the institution recorded significant growth across profitability, assets, deposits and shareholders' equity while continuing to strengthen its capital position. GCB Bank FY2025 Financial Health Review. Profit after tax increased by 69% to GH¢2.04 billion, s

Comparing USD/GHS Exchange Rate Spreads Across Ghana's Banks When exchanging US dollars in Ghana, most customers focus on the quoted exchange rate. However, one of the most important measures of value is the spread, which is the difference between a bank's buying and selling rates. A smaller spread generally means customers receive more competitive pricing, while a wider spread represents a higher margin retained by the bank. An analysis of USD/GHS indicative exchange rates a

A Look at the Deposit Rankings of Ghana's 23 Banks in FY2025 Customer deposits remain one of the strongest indicators of confidence in a bank. They reflect where households, businesses, and institutions choose to keep their money and often signal a bank's market strength, liquidity, and customer reach. Based on disclosed FY2025 financial statements, Ghana's banking industry held approximately GH¢324.2 billion in customer deposits across 23 banks. The data reveals a sector dom

On 29 June 2026, Accra experienced one of the most significant rainfall events ever documented. The Ghana Meteorological Agency recorded 169.2 mm of rainfall within 24 hours, making it the fourth highest single-day rainfall total on record for the capital city. While the widespread flooding drew national attention, historical rainfall data provides important context. The event was extraordinary, but it was not unprecedented. Top 5 Record Rainfall in a Single Day in Accra Hist

The prosecution of William Ato Essien, founder of the defunct Capital Bank, remains one of the most significant legal cases to emerge from Ghana's banking sector clean-up. The case traces its roots to the collapse of Capital Bank in 2017, a period that marked the beginning of major reforms in Ghana's financial sector aimed at strengthening banking supervision and protecting depositors. Capital Bank Case: Key Legal Milestones in the Prosecution of William Ato Essien Following

Board diversity has become an increasingly important measure of corporate governance across the world. Diverse boards bring broader perspectives, improve decision-making, strengthen risk oversight, and help organizations better reflect the customers and communities they serve. Yet the latest data from Ghana's banking sector shows that gender parity in the boardroom remains the exception rather than the norm. Gender Diversity on Ghanaian Bank Boards An analysis of board compos

Every rainy season in Accra now comes with fear, disruption, and destruction. Roads become rivers, homes are submerged, businesses shut down, and entire communities are left stranded after hours of intense rainfall. What was once viewed as occasional flooding is increasingly becoming a recurring urban crisis. The recent flooding scenes across Accra highlight a deeper structural problem facing Ghana’s capital city. Rapid urbanization, poor drainage systems, uncontrolled constr

Anyone tracking the Ghana cedi will quickly realize that there is no single “true” dollar rate in the country. On May 26, 2026, official Bank of Ghana rates showed the US dollar selling at GHS 11.63, while forex bureaus and card processors quoted rates as high as GHS 12.50. This wide spread highlights the fragmented nature of Ghana’s foreign exchange market and explains why consumers, businesses and investors often experience different exchange rates depending on where they t

Ghana’s growing technology ecosystem is facing one of its biggest policy debates in recent years following the introduction of the proposed National Information Technology Agency (NITA) Bill 2025. While supporters argue the bill is intended to strengthen regulation, improve standards and enhance cybersecurity oversight, many players within Ghana’s startup and developer community believe the proposal could unintentionally slow innovation and create new barriers for young profe