Ghanaian businesses cautiously optimistic about 2026 performance – Chamber

Ghanaian businesses have shown resilience and cautious optimism regarding their performance in the first half of 2026, according to the Ghana National Chamber of Commerce and Industry (GNCCI). President Stephane Miezan noted that the first half of the year was relatively better compared to the same period in 2025, with improvements in the stability of the cedi, inflation, and interest rates. However, he emphasized that businesses must remain cautious due to global developments and domestic challenges.

International Chamber of Commerce (ICC) Ghana Secretary-General Emmanuel Doni-Kwame echoed similar sentiments, highlighting that the economy had achieved stability, particularly in foreign exchange, which has improved predictability and allowed businesses to plan longer-term. He cautioned that Ghana remains part of the global economy and could still be adversely affected by international developments, particularly those concerning energy and trade.

Doni-Kwame stressed that investor confidence was improving, but infrastructure and connectivity remained crucial for sustaining investments. He emphasized that businesses required efficient road, rail, and other transport networks to move raw materials and finished goods efficiently. He also pointed out that infrastructure development and improved connectivity across the West African sub-region could enhance Ghana's competitiveness and attractiveness for investors.

Doni-Kwame further discussed the need for improvements in sea transport and logistics systems to reduce the cost and time associated with moving goods. He also called for better coordination among agencies responsible for inspections at Ghana's ports to minimize congestion and shorten turnaround times. He argued that reducing delays at the ports was crucial, as time and logistics costs ultimately impact businesses and consumers.