CEO of AGI, Seth Twum-Akwaboah
The Chief Executive Officer of the Association of Ghana Industries (AGI), Seth Twum-Akwaboah, says the business community has witnessed a significant boost in investor confidence over the past six months.
He attributed this improvement to enhanced engagement between the public and private sectors, as well as favorable macroeconomic indicators.
Speaking on Joy News’ PM Express, Twum-Akwaboah said this momentum can be sustained through ongoing improvements to the business environment.
“Over the last six months, we’ve observed a notable boost in confidence among businesses and investors,” he said.
“There’s still work to be done, but the signs are encouraging. Sustaining this confidence will require continuous improvement in the business environment and stronger support for local industry,” he added.
However, Twum-Akwaboah urged the government to tackle structural challenges, including the high cost of doing business, to ensure long-term growth and competitiveness.
Meanwhile, Ghana’s year-on-year inflation rate for June 2025 fell significantly to 13.7%.
This marked the sixth consecutive monthly decline and the lowest level since December 2021.
Government Statistician, Dr. Alhassan Iddrisu, attributed the reduction to easing inflationary pressures that had impacted the economy in recent months.
Food inflation dropped by 6.5 percentage points to 16.3%, down from 22.8% in May, while non-food inflation eased to 11.4%, compared to 14.4% previously.
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