JAT Business & Opportunity Intelligence is curated and analysed by Jacob Agyei Twumasi, CA. This edition identifies five consequential Ghanaian developments and converts them into practical decisions, client conversations and consulting opportunities.
10 September 2026 | Accra, Ghana
1. Ghana’s economy expands 6.2% in the first half of 2026
Date: 10 September 2026
Source: Business & Financial Times
Summary: Ghana’s economy grew by 6.2% during the first half of 2026, supported by a recovery in oil and gas production, strong services activity and rising investment. However, the reported growth remains concentrated in a limited number of sectors.
Jacob’s analysis: Headline growth does not mean every SME is experiencing expansion. Businesses need to determine whether demand in their own sector is improving and whether current growth justifies investment, recruitment or additional borrowing.
Action/opportunity: BRICS should offer a short 2026 Growth and Investment Readiness Review combining sector analysis, forecasts, cash-flow scenarios and investment decisions for SMEs and mid-sized companies.
2. Heavy medicine imports leave Ghana’s health sector exposed
Date: 10 September 2026
Source: Business & Financial Times
Summary: Ghana’s dependence on imported medicines is exposing the pharmaceutical and healthcare sectors to currency, supply-chain and external-market shocks while limiting opportunities for local manufacturing, employment and domestic value creation.
Jacob’s analysis: For healthcare providers such as Franklyn Medical Centre, import dependence can affect medicine availability, purchasing costs, working capital and treatment continuity. Procurement decisions should therefore consider supply resilience, not price alone.
Action/opportunity: FMC should identify high-value and frequently used imported medicines and assess local alternatives, supplier concentration and buffer-stock requirements. BRICS can package this as a Healthcare Procurement and Supply-Risk Review.
3. Ghana’s artisanal mining tax gap becomes a formalisation opportunity
Date: 10 September 2026
Source: Business & Financial Times
Summary: The Ghana Chamber of Mines argues that closing tax and formalisation gaps in artisanal and small-scale mining could raise revenue more effectively than placing heavier burdens on the relatively small number of large producers.
Jacob’s analysis: Formalisation requires more than enforcement. Small operators need registration, bookkeeping, tax education, payment processes, internal controls and digital records. This creates a specialised advisory market for mining-sector SMEs and their associations.
Action/opportunity: Develop an ASM Tax Formalisation and Financial Controls Programme for mining associations, aggregators and regulators, combining education, registration support, bookkeeping templates and compliance monitoring.
4. CBG and SIF unlock GH¢55 million for women- and youth-led businesses
Date: 10 September 2026
Funding: GH¢55 million (approximately US$5 million)
Source: Business & Financial Times
Summary: Consolidated Bank Ghana has signed an on-lending agreement with the Social Investment Fund to disburse GH¢55 million to women- and youth-led businesses under GWYESCO.
Jacob’s analysis: Access to an announced fund does not guarantee approval. Applicants will still need credible records, funding-purpose clarity, cash-flow projections, repayment capacity and compliant business documentation.
Action/opportunity: Obtain the official eligibility, pricing and application requirements, then launch a GWYESCO Capital Readiness Clinic covering financial clean-up, forecasts, documentation and application support.
5. e-zwich card numbers rise while transaction volumes fall 44.9%
Date: 10 September 2026
Source: Business & Financial Times
Summary: The number of e-zwich cards issued increased by 2.7% in 2025, while transaction volumes fell by 44.9%, according to the Bank of Ghana’s Payment Systems Oversight Annual Report 2025.
Jacob’s analysis: Registration or card issuance is not the same as sustained adoption. The gap highlights the importance of user experience, merchant acceptance, incentives, integration and ongoing customer education in every digital-transformation programme.
Action/opportunity: Use the finding in BRICS’ digital-transformation proposals and develop a Digital Adoption Diagnostic that measures active usage, process friction, user behaviour and business outcomes—not merely system deployment.
Jacob’s three priorities for today
- Obtain the CBG/SIF funding requirements and prepare a rapid capital-readiness offer for eligible women- and youth-led businesses.
- Begin FMC’s medicine supply-risk assessment, focusing on high-value imports, local alternatives, supplier concentration and working-capital exposure.
- Develop the ASM tax formalisation concept and identify one mining association or institution for an initial partnership conversation.
About the author
Jacob Agyei Twumasi, CA is a Chartered Accountant, finance and tax intelligence strategist, cybersecurity consultant and founder of BRICS Africa Consulting. His work spans strategy, finance, technology, enterprise development and healthcare financial management.
Editorial note
This briefing synthesises credible public sources and adds independent professional analysis, business implications and recommended actions. Digital research tools may support research and editing, while final editorial responsibility rests with Jacob Agyei Twumasi. It is an intelligence and advisory publication—not a claim of original news reporting.
