Yes, Ghana has a traditional monarchy, particularly within the Ashanti Kingdom. The Ashanti people, one of the major ethnic groups have a traditional system of governance led by an Asantehene, who is the king of the Ashanti people. The Asantehene is a highly respected and influential figure in the Ashanti culture and plays a significant role in both traditional and cultural affairs. It's important to note that while Ghana has a system of traditional chieftaincy and kingship in some regions, the country is also a constitutional democracy with an elected president as the head of state.