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November 3, 2026
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Ghana must reduce the cost of politics to curb influence of wealthy financiers – Development Economist
Money
Policy
Key Points
- Dr. Valentin Kwasi Mensah calls for reforms to curb the rising cost of political competition in Ghana.
- He warns that excessive campaign spending fosters politicians' dependence on wealthy financiers, who expect rewards like appointments or contracts.
- Research indicates a 59% increase in parliamentary campaign costs between 2012 and 2016, a trend exacerbated by poor enforcement of existing disclosure laws.
- Dr. Mensah recounts the Electoral Commission's failure to provide requested financial statements from major political parties despite constitutional and legislative mandates.
- He proposes establishing an independent regulator, campaign expenditure limits, timely donation disclosure, stronger enforcement, and improved internal party democracy.
Why This Matters
This issue is critical for Ghana's democratic health and governance integrity. Unregulated political financing risks compromising public office, diverting national resources, and eroding public trust by turning elections into investment opportunities for private interests. Addressing this is vital for ensuring fair representation and accountable leadership.
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November 3, 2026
8% pay rise: Workers will be better off in real terms— Dr Acheampong
- Public sector workers in Ghana are projected to experience real income improvements due to easing inflation preserving their purchasing power.
- Dr. Theo Acheampong of the Ministry of Finance stresses that the true measure of a salary adjustment is its real value after accounting for inflation, not just the nominal percentage.
- Historical data shows that in several past years, inflation significantly outpaced wage adjustments, leading to a decline in workers' real incomes.
- The trend is expected to reverse from 2025 onwards, with projected moderate inflation rates allowing for real wage gains despite seemingly lower nominal increases.
- The government's strategy focuses on sustainable wage adjustments coupled with inflation control to ensure workers' ability to meet their needs effectively.
November 2, 2026
Daily Insight for CEOs: The CEO’s Role in Driving Year-End Performance
- CEOs must intensify their focus in November and December to deliver strategic commitments and close performance gaps.
- Effective year-end performance relies on clear priorities, timely decisions, executive ownership, and consistent monitoring, not just pressure.
- Key strategies include reviewing organizational performance against targets and identifying critical results for delivery by December 31.
- CEO leadership actions involve convening executive teams to identify 3-5 top priorities and assign measurable outcomes to responsible executives.
- The final two months significantly influence an organization’s annual results, stakeholder confidence, and readiness for the next financial year.
November 2, 2026
More jobs, better pay: The budget Ghanaian workers deserve
- The upcoming national budget is highly anticipated, with job creation expected to be a major focus for Ghana.
- Ghana faces a dual challenge: persistent high unemployment/underemployment and a growing number of employed individuals who are poorly paid.
- The current national daily minimum wage (approx. GH₵550/month) is highlighted as insufficient for a decent standard of living amidst rising costs of basic necessities.
- The article advocates for the budget to simultaneously address sustainable job creation and a significant upward adjustment of the national minimum wage, arguing against incremental increases.
- It suggests that higher wages can stimulate economic growth through increased consumer spending and proposes complementary measures for businesses like tax incentives and affordable financing.