District Economy

The economy of the District can be structured into three (3):

a) Service and Commerce sector
b) Mining/Industry
c) Agriculture.

Structure of Obuasi East District Economy

Table 1.26: Occupational Structure in Obuasi East District

The table above revealed that, the service sector which includes transport, telecommunication, banking, insurance, finance, trading and mining support activities engages about 40% of the working population while Mining/Industry employs about 35% and Agriculture engaging 25%.

Accessibility to Banking Services

Banking and non-banking financial services are available in the district. Rural Banks such as National Investment Bank and Golden Pride Financial Institution at Wawasi, and other micro financial services operates in the district. These banks offer financial assistance to farmers, workers and businessmen in the district. The micro financial services are distributed in the district. Their activities are mostly in the market places, self-employed and the informal sector. Resource Mobilization could be enhanced, if these agencies are regularized and streamlined by the banking institutions of the Bank of Ghana.

Social Services

Social Services serve as a vehicle and tool for the enhancement of development of every nation. This is to ensure that the right to basic social services such as education, health care, safe drinking water and sanitation and decent housing that improve the well-being of all Ghanaians. The SDG also looked at promoting gender equality and empowering women. This was to eliminate gender disparities in the enrolment in primary and secondary education. This section of the report considers social services such as Education, Health, Water and Sanitation, Housing etc.