Ghana’s business environment at ‘Inflection Point’ as private Sector takes greater lead — Vish Ashiagbor

Ghana's business landscape is currently undergoing significant changes as the private sector takes a more prominent role in driving economic activity, states PwC's Country Senior Partner Vish Ashiagbor. Addressing reporters at the UK-Ghana Trade & Investment Summit 2026, Ashiagbor highlighted that the private sector is gradually assuming greater responsibility for economic growth, shifting away from reliance on government-led initiatives.

This transition comes at what Ashiagbor describes as an "inflection point" for the country's business environment. During the Welcome Reception for the summit, Ashiagbor emphasized that businesses must adapt their internal processes, relationships, and market strategies to fully capitalize on emerging opportunities. He outlined the need for new relationships, strengthened existing partnerships, and exploration of new markets as part of this transformation.

On the monetary policy front, Ashiagbor expects the Bank of Ghana's Monetary Policy Committee to maintain the current policy rate, citing recent inflation data and comments from the bank's governor as influencing factors. Despite the evolving economic landscape, Ashiagbor remains optimistic about the future prospects of Ghana's business environment, urging businesses to stay adaptable and seize the opportunities presented by the shifting economic conditions.

The summit, organized by the UK-Ghana Chamber of Commerce, aims to strengthen the UK-Ghana partnership by promoting concrete investments and long-term industrial projects beyond traditional government-to-government discussions.