bernard boateng

In 2026, a Ghanaian earning the national minimum wage takes home GH₵653 a month. A Ghanaian who worked a full career and retired on Ghana’s minimum SSNIT pension takes home GH₵409.56, after SSNIT’s 2026 indexation. That’s 37% less than the wage floor the law guarantees someone who started work yesterday. This comparison first appeared in a widely shared LinkedIn analysis by Benjamin Nathan Otchere, a portfolio manager and certified financial planner. Here is the interesting insight from the...

For years, mobile money has been viewed as a convenient payment platform. Today, it has become something much bigger. MTN Ghana's Mobile Money (MoMo) Float has reached GH¢38.4 billion, making it one of the largest pools of customer funds in the country. When compared with the customer deposits reported by Ghana's banks, MTN's float would rank second nationwide, surpassed only by GCB Bank's GH¢41.05 billion. While the comparison is illustrative because a MoMo float is not legally classified as...

A Visual Guide to Direct, Indirect, Customs, and Sector Levies (Updated August 2026) Understanding Ghana's tax system can be challenging because taxes are collected through multiple channels and governed by different laws. While most people are familiar with personal income tax and Value Added Tax (VAT), the country's revenue framework includes a much broader mix of direct taxes, indirect taxes, customs duties, and sector-specific levies. Breaking Down Ghana's Tax System This updated taxonomy...