15 h. ago World Bank flags weak labour demand as key challenge in Ghana’s job market

The World Bank has identified weak labour demand in Ghana’s productive sectors as one of the major challenge to job creation, warning that it continues to limit economic opportunities for many workers. In its latest Ghana Economic Update launched in Accra, the World Bank noted that high-quality job creation in higher productivity sectors such as […]

Politics

7 d. ago Ghana Leaders Demand Policy Unity to Turn Rate Cuts into Real Growth

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-leaders-demand-policy-unity-to-turn-rate-cuts-into-real-growth/Top bankers, businesses, and the central bank are urging Ghana’s policymakers to forge stronger links between interest rate reductions and fiscal reforms. At a high-level forum in Accra, stakeholders agreed that the Bank of Ghana’s recent monetary easing while positive,won’t translate into broad economic gains without coordinated tax relief, infrastructure spending, and private-sector support. Hosted […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-leaders-demand-policy-unity-to-turn-rate-cuts-into-real-growth/

Politics

9 d. ago BoG Chief Demands Banking Shift from Government Debt to Business Lending

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bog-chief-demands-banking-shift-from-government-debt-to-business-lending/Bank of Ghana Governor Dr. Johnson Asiama has challenged commercial banks to pivot sharply from “risk-free” government securities toward financing productive private enterprises, calling current credit allocation “a dangerous imbalance.” Speaking at the launch of the BoG Chair in Finance and Economics at the University of Ghana, Asiama revealed banks held GH¢162.92 billion in government […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bog-chief-demands-banking-shift-from-government-debt-to-business-lending/

Economics

1 week ago Reviving Growth: A bold step by the Bank of Ghana and the Mahama administration

The Governor of the Bank of Ghana announced a significant policy shift:“Overall, the Committee noted that macroeconomic conditions have significantly improved, inflation expectations are broadly anchored, external buffers have strengthened, and confidence in the economy is returning Given these considerations, the Committee, by a majority decision, voted to lower the Monetary Policy Rate (MPR) by […]

Politics

1 week ago Deputy Commissioner urges insurers to enhance cybersecurity and embrace technology at 8th Ghana Insurance Awards

The Deputy Commissioner of the National Insurance Commission (NIC), Bernard Ohemeng Baah, has underscored the importance of innovation, resilience, and cybersecurity in advancing the insurance sector. Speaking at the 8th Ghana Insurance Awards, Mr Baah urged insurance companies to leverage the government’s newly launched 24-hour economy, noting that the three-shift system presents opportunities for insurers […]

Events

1 week ago Banking Chief Demands Urgent NPL Reforms to Boost Ghana Business Credit

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-chief-demands-urgent-npl-reforms-to-boost-ghana-business-credit/Dr. Bernard Osei Tutu, CEO of Dusk Capital, has issued a stark warning that Ghana’s persistently high non-performing loan (NPL) ratio of 23.1% continues to stifle business credit access despite broader economic recovery. Speaking on structural risks, he urged immediate policy intervention to drive NPLs into single digits, arguing current levels deter commercial banks from […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-chief-demands-urgent-npl-reforms-to-boost-ghana-business-credit/

Economics

4 w. ago Minority Chief Whip fumes over postponement of BoG Governor’s appearance in parliament

Minority Chief Whip Frank Annoh-Dompreh, has expressed displeasure over the indefinite postponement of his question to the Governor of the Bank of Ghana (BoG), insisting that public officials must show respect for Parliament and its oversight role. His frustration followed an announcement by Majority Leader Mahama Ayariga, who informed the House that the BoG Governor […]

Politics