Inflation

Ghana’s Economic Tightrope Walk: Navigating Inflation, Growth, and Poverty

The average Ghanaian does not need an economics degree to know the economy is going through a very rough patch. They feel it on their commute to work and when shopping for foodstuffs. As of August 2023, Ghana faces an extremely challenging economic outlook with high inflation exceeding 40%. This is largely driven by rising …

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The Bitter Brew: How Inflation in Ghana Has Eroded the Prosperity of Cocoa Farmers

Ghana’s social and economic landscape has been significantly shaped by cocoa growing, which is primarily practiced by smallholder farmers. But as the plague of inflation progressively erodes these farmers’ affluence, the sweet taste of cocoa’s success is slowly turning bitter. This article explores the negative effects of inflation on Ghana’s cocoa growers and the wide-ranging effects …

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