46 h. ago Global Air Cargo Rates Show Mixed Performance Across Regions

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/global-air-cargo-rates-show-mixed-performance-across-regions/Global air cargo markets displayed varied performance across different trade lanes during the final week of August, with Asia Pacific and Africa leading growth while North America experienced continued softness, according to the latest data from WorldACD Market Data. Worldwide air freight rates averaged $2.44 per kilogram during the week ending August 31, representing a […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/global-air-cargo-rates-show-mixed-performance-across-regions/

Transport

3 d. ago Ghana’s Banking Sector Shows Divergent Recovery Paths Amid Credit Quality Challenges

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-banking-sector-shows-divergent-recovery-paths-amid-credit-quality-challenges/Ghana’s banking sector delivered mixed results in the first half of 2025, with leading institutions strengthening capital positions while others grapple with deteriorating loan portfolios, highlighting the uneven pace of recovery across the financial system. Analysis of unaudited half-year financial statements from eight major banks reveals a sector increasingly divided between resilient institutions and those […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-banking-sector-shows-divergent-recovery-paths-amid-credit-quality-challenges/

Politics

4 d. ago Revolutionary Fish Strain Transforms Cameroon’s Aquaculture Sector

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/revolutionary-fish-strain-transforms-cameroons-aquaculture-sector/The muddy banks of Limbé’s fish ponds tell a story of transformation. Here, farmer Fanta Njifondjou Oumarou watches her latest harvest with satisfaction—plump African catfish that took just five months to reach market size. Her success mirrors a broader agricultural revolution sweeping across Cameroon’s aquaculture sector, driven by the Livestock and Fish Farming Value Chain […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/revolutionary-fish-strain-transforms-cameroons-aquaculture-sector/

Politics

4 d. ago Amantin Community Bank Profit Surges 222 Percent, Proposes Dividend

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/amantin-community-bank-profit-surges-222-percent-proposes-dividend/Amantin and Kasei Community Bank has proposed paying GH¢1.49 million in dividends to shareholders after posting a 222 percent profit increase that lifted earnings to GH¢5.99 million in 2024. The Bono East Region-based bank announced the dividend proposal during its 20th annual general meeting, with payouts of GH¢0.37 per share pending Bank of Ghana approval, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/amantin-community-bank-profit-surges-222-percent-proposes-dividend/

Politics

4 d. ago Zenith Bank Tackles SME Fuel Fraud Through Digital Payment Cards

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/zenith-bank-tackles-sme-fuel-fraud-through-digital-payment-cards/Zenith Bank has launched digital fleet management solutions targeting Ghana’s small and medium enterprises, addressing persistent fraud and inefficiencies that plague cash-based fuel purchasing systems across the country’s business sector. The bank’s new Visa Commercial Fleet Solutions aims to digitize fuel and vehicle management for SMEs, many of which continue relying on manual cash systems […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/zenith-bank-tackles-sme-fuel-fraud-through-digital-payment-cards/

Politics

5 d. ago The watchdogs have gone unwatched: It’s time for a Financial Control Authority (FCA)

Ghana’s financial system is supervised by four independent regulators: the Bank of Ghana (BoG), the Securities and Exchange Commission (SEC), the National Insurance Commission (NIC), and the National Pensions Regulatory Authority (NPRA). Each is mandated to safeguard its sector, banking, capital markets, insurance, and pensions, respectively. Despite this regulatory framework, Ghana has experienced significant financial instability in recent years. Between 2017 and 2019, over 420 financial institutions collapsed, costing the state more than GH¢21 billion in bailouts.

Politics

5 d. ago Ghana Banks Face Mounting Bad Debt Crisis Following Sovereign Default

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-banks-face-mounting-bad-debt-crisis-following-sovereign-default/Ghana’s banking sector continues struggling with deteriorating loan portfolios more than two years after the country’s sovereign debt restructuring, highlighting the persistent challenges facing the financial system. Non-performing loans reached 21.8 percent of total bank lending by December 2024, reflecting ongoing stress from the government’s 2022 debt crisis. The situation has worsened significantly from pre-default […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-banks-face-mounting-bad-debt-crisis-following-sovereign-default/

Events

7 d. ago Bank of Ghana Channels Cocoa Revenues Directly to Commercial Banks

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-channels-cocoa-revenues-directly-to-commercial-banks/The Bank of Ghana has begun directing cocoa export revenues straight to commercial banks rather than its own reserves, a move economists say will boost market liquidity ahead of the high-demand Christmas period. The policy shift addresses chronic liquidity challenges that have plagued Ghana’s banking sector. Previously, cocoa dollars flowed directly into central bank reserves, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-channels-cocoa-revenues-directly-to-commercial-banks/

Politics

7 d. ago Central Bank Brings Digital Lending Under Regulatory Framework

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/central-bank-brings-digital-lending-under-regulatory-framework/The Bank of Ghana has classified digital credit services as non-bank financial institutions, subjecting the rapidly growing fintech sector to formal regulatory oversight for the first time. Friday’s announcement designates digital lending platforms under the First Schedule of the Non-Bank Financial Institutions Act of 2008. The move affects mobile app-based lenders and fintech companies offering […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/central-bank-brings-digital-lending-under-regulatory-framework/

Sport

9 d. ago Ghana’s Central Bank Moves to Regulate Digital Lending Sector

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-moves-to-regulate-digital-lending-sector/Ghana’s central bank has stepped in to bring order to the country’s rapidly expanding digital lending market, signaling stricter oversight for financial technology companies and other lenders operating in the space. The Bank of Ghana announced that digital credit services now fall under formal regulatory classification as non-bank financial services. The designation puts digital lenders […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-moves-to-regulate-digital-lending-sector/

Politics

1 week ago Absa Bank named Bancassurance Leader at 2025 Ghana Insurance Awards

Absa Bank Ghana Limited has been named Bancassurance Leader for 2024 at the 2025 Ghana Insurance Awards, in recognition of the bank’s leadership in delivering integrated financial protection to individuals and businesses across Ghana.

Politics

1 week ago Ecobank, GCB are number one and two biggest banks in Ghana – 2025 Ghana Banking Survey

Ecobank Ghana continued its position as the biggest bank in Ghana in 2024 with a market share of 14.3%, according to the 2025 Ghana  Banking Sector Survey by PwC. It was followed by GCB Bank with a market share of 13.0% in 2024, from 10.9% in 2023. According to the report, the expansion of the […]

Politics

2 w. ago African Banking Giants Compete for Acquisition of Societe Generale Ghana

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/african-banking-giants-compete-for-acquisition-of-societe-generale-ghana/A significant but discreet acquisition battle is taking shape in Ghana’s financial sector as two major African banks, Bank of Africa of Morocco and Nigeria’s Access Bank compete to acquire Societe Generale Ghana (SG Ghana). The news comes from policy analyst Bright Simons, who has been tracking the behind-the-scenes negotiations. SG Ghana, originally established in […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/african-banking-giants-compete-for-acquisition-of-societe-generale-ghana/

Politics

2 w. ago Ghana’s Central Bank Moves to Curb Banks’ Insurance Sales to Businesses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-moves-to-curb-banks-insurance-sales-to-businesses/Ghana’s financial sector is getting a stricter rulebook for selling insurance. The Bank of Ghana has directed all regulated banks to immediately stop selling insurance products to corporate and commercial clients. This move reinforces existing guidelines from the National Insurance Commission that were being ignored. The directive aims to clear up confusion over the roles […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-moves-to-curb-banks-insurance-sales-to-businesses/

Economics

3 w. ago Banking sector showed mixed performance in 2024 – World Bank Group

Ghana’s banking sector exhibited mixed performance in 2024, characterised by robust asset growth alongside limited private credit expansion, according to the World Bank Group’s 9th Economic Update on Ghana.

Politics

3 w. ago Ghana’s economy showed resilience in 2024 – World Bank Group

Ghana’s economy demonstrated remarkable resilience in 2024, with its Gross Domestic Product (GDP) growth reaching 5.7 per cent, according to the World Bank Group’s 9th Economic Update for the country in June. The report, titled “Addressing Labour Market Challenges and Opportunities in Ghana’s Economic Landscape,” highlights a strong rebound driven primarily by the industrial sector […]

Politics

3 w. ago World Bank Warns Mounting Debt Threatens Ghana’s Cocoa Sector

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-warns-mounting-debt-threatens-ghanas-cocoa-sector/The World Bank has raised urgent concerns over the Ghana Cocoa Board’s (COCOBOD) financial stability, warning that rising debt and operational inefficiencies could destabilize the country’s vital cocoa industry. Despite soaring global cocoa prices, Ghana’s production remains low, with COCOBOD struggling under significant arrears to suppliers and costly “quasi-fiscal operations” outside its core mandate. In […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-warns-mounting-debt-threatens-ghanas-cocoa-sector/

Events

3 w. ago World Bank Urges Ghana to Prioritize Jobs, Private Sector in Reform Push

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-urges-ghana-to-prioritize-jobs-private-sector-in-reform-push/Ghana must channel its structural reforms toward private sector growth and youth job creation, warns a new World Bank report. The ninth Ghana Economic Update stresses that with the working-age population set to surge, failure to generate productive employment risks squandering a major economic opportunity. “Unemployment and underemployment represent a potential powder keg,” said Deputy […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-urges-ghana-to-prioritize-jobs-private-sector-in-reform-push/

Politics

3 w. ago World Bank warns COCOBOD’s mounting debts threaten Ghana’s cocoa sector

The World Bank’s latest Ghana Economic Update has raised concerns over the financial stability of the Ghana Cocoa Board (COCOBOD), warning that persistent operational and fiscal challenges could undermine one of the country’s most vital export industries. According to the report, despite record-high global cocoa prices, Ghana’s cocoa production remains weak, while COCOBOD owes significant […]

Events

3 w. ago COCOBOD, Banks Chart Path for Successful 2025/26 Cocoa Season

News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/cocobod-banks-chart-path-for-successful-2025-26-cocoa-season/The Management of Ghana Cocoa Board (COCOBOD) has met with commercial banks in Ghana to discuss key issues affecting the cocoa industry and the role of the banking sector in the 2025/2026 cocoa season, which opened on August 7, 2025. Discussions at the meeting, which was attended by senior executives of COCOBOD and the Cocoa […] News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/cocobod-banks-chart-path-for-successful-2025-26-cocoa-season/

Politics