Ghana's central bank maintained its monetary policy rate at 25.50 percent, saying the risks to inflation and growth are balanced, with the trend toward declining inflation considered positive.

Bharti Airtel is in talks with rival Millicom International Cellular for a possible merger in Ghana, as India’s No. 1 telecom operator, embroiled in a brutal tariff war in its home market, tries to find ways to improve operations in Africa where it has yet to make a profit since entering the continent in 2010.

Ghana’s inflation for December 2016, reached 15.4 percent.

In December 2015, Vodafone launched its mobile money scheme M-Pesa Ghana under the brand ‘Vodafone Cash’, since its launch the service has attracted about 280,000 users as of September, according to Vodafone Ghana.