9 h. ago Ghana’s Power Utility Faces US$2.2 Billion Gap, Cocoa Board Strains Finances

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-power-utility-faces-us2-2-billion-gap-cocoa-board-strains-finances/Ghana’s state-owned enterprises risk derailing national finances, the World Bank warns. Without urgent reform, the Electricity Company of Ghana (ECG) will face a $2.2 billion funding gap by late 2025. This shortfall could spiral to $9 billion by 2026. Robert Taliercio, World Bank Country Director for Ghana, Sierra Leone, and Liberia, sounded the alarm at […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-power-utility-faces-us2-2-billion-gap-cocoa-board-strains-finances/

Economics

9 h. ago Ghana Fixed Income Trading Heats Up as Cocoa Board Bonds Dominate

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-fixed-income-trading-heats-up-as-cocoa-board-bonds-dominate/Ghana’s fixed income market saw concentrated activity in state-backed corporate paper on Wednesday, with a single Ghana Cocoa Board bond drawing 77.7 million cedis in trades. The 2028-maturity debt instrument overshadowed sovereign trading as investors navigated fiscal headwinds flagged hours earlier by the World Bank. You’d find the Cocoa Board’s 13% note maturing August 2028 […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-fixed-income-trading-heats-up-as-cocoa-board-bonds-dominate/

Politics

10 h. ago Ghana’s Growth Path Tests Reform Resolve as World Bank Urges Action

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-growth-path-tests-reform-resolve-as-world-bank-urges-action/Ghana’s economy defied global headwinds to expand by 5.7% last year and maintain 5.3% growth early in 2025, according to the World Bank’s latest assessment. But this resilience now faces its sternest test as fiscal pressures mount. The institution projects growth will slow to 3.9% this year before recovering, warning that delayed debt restructuring and […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-growth-path-tests-reform-resolve-as-world-bank-urges-action/

Politics

10 h. 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

13 h. ago World Bank cautions BoG on excessive FX Interventions, calls for banking sector reforms

The World Bank has urged the Bank of Ghana (BoG) to avoid excessive foreign exchange (FX) interventions, warning that such actions could disrupt market balance and weaken economic resilience. This was contained in the latest Ghana Economic Update report, launched in Accra today, August 14, 2025 which emphasised the need for the central bank to […]

Politics

14 h. ago Ghana Faces Fiscal Tightrope as World Bank Urges Strategic Spending

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-faces-fiscal-tightrope-as-world-bank-urges-strategic-spending/The World Bank has endorsed Ghana’s aggressive fiscal consolidation while urging the government not to sacrifice critical investments protecting vulnerable citizens. This delicate balance emerged as a central theme at the launch of Ghana’s 9th Economic Update, where policymakers grapple with sustaining reforms without stalling social progress. Robert Taliercio, World Bank Director for Ghana, Sierra […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-faces-fiscal-tightrope-as-world-bank-urges-strategic-spending/

Politics

14 h. ago Africa50 Tops US$1.4 Billion as Infrastructure Deals Accelerate

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/africa50-tops-us1-4-billion-as-infrastructure-deals-accelerate/Africa50 has surpassed $1.4 billion in managed assets, channeling fresh capital into critical power, digital, and trade infrastructure projects across the continent. The investment platform, founded by African governments and the African Development Bank (AfDB), leverages this growth to tackle Africa’s vast infrastructure funding shortfall. Its portfolio companies now represent over $8 billion in value, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/africa50-tops-us1-4-billion-as-infrastructure-deals-accelerate/

Economics

15 h. ago Ghana’s macroeconomic outlook depends on successful implementation of recovery reforms – World Bank

Mr. Taliercio said the World Bank Group is adopting a coordinated, institution-wide strategy to address the jobs challenge, making employment a core priority.

Economics

16 h. ago World Bank projects 0.6% GDP revenue boost if Ghana fully implements 2025 tax measures

The World Bank has projected that Ghana could gain additional revenue equivalent to at least 0.6 percent of GDP in 2025 if the government fully implements the revenue measures outlined in the 2025 budget. According to the World Bank’s latest Ghana Economic Update report, the projected increase is in line with the targets of the […]

Politics

16 h. ago Ghana’s Iron Ore Dream Takes Root with Historic Exploration Milestone

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-iron-ore-dream-takes-root-with-historic-exploration-milestone/Ghana has crossed a significant threshold in its mining evolution. The nation’s pioneering iron ore exploration project has successfully concluded its drilling phase at the Gyamurume block in Asato, Oti Region. This landmark effort, spearheaded by Africa Exploration and Minerals Group Ltd (AEMG) and fully funded by Republic Bank (Ghana) PLC, aims to unlock a […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-iron-ore-dream-takes-root-with-historic-exploration-milestone/

Politics

17 h. ago WAFU B WCLQ 2025: Police Ladies to face Nigeria champions Bayelsa Queens and two others

The draw, which was conducted on Thursday morning, saw Police Ladies put in Group B, which is made up of four teams.

Events

17 h. ago SMEs Find Foreign Banks Cheaper for Loans, But Local Lenders Win on 3

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/smes-find-foreign-banks-cheaper-for-loans-but-local-lenders-win-on-3-year-deals/Ghanaian small businesses hunting for affordable credit face a complex choice: foreign-owned banks offer marginally lower rates overall, but local rivals win on key loan terms. New Bank of Ghana data reveals foreign lenders averaged 33.93% APR for 1-year SME loans 0.83 points below locals and a stark 7-point gap favoring foreigners at 5 years […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/smes-find-foreign-banks-cheaper-for-loans-but-local-lenders-win-on-3-year-deals/

Politics

18 h. ago Federated Commodities Completes GH₵78.3 Million Commercial Paper Redemption

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/federated-commodities-completes-gh%e2%82%b578-3-million-commercial-paper-redemption/Accra-based Federated Commodities PLC (FEDCO) has confirmed full redemption of its 150-day commercial paper, transferring a total of GHS78,361,144.94 to paying agent GCB Bank Plc. The issuer settled the debt across four tranches between July 3 and August 12, 2025, covering principal and accrued interest. Final payments totaling GHS16,455,842 were processed on August 12, concluding […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/federated-commodities-completes-gh%e2%82%b578-3-million-commercial-paper-redemption/

Politics

19 h. ago GHIB’s financing blueprint aims to unlock billions in lost export revenue

Dean Adansi, Chief Executive Officer (CEO) of Ghana International Bank (GHIB), has set out a financing blueprint to shift Africa’s commodity trade from raw exports to value-added products, arguing that the current export model is leaving billions of dollars in potential earnings on the table. He said Africa’s share of global trade remains under three […]

Economics

22 h. ago Young Ghanaian Entrepreneurs Slam “Stifling” Loan Rates Despite Bank Variations

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/young-ghanaian-entrepreneurs-slam-stifling-loan-rates-despite-bank-variations/Ghana’s young business founders face crushing credit costs that threaten expansion and competitiveness, industry leaders warn, despite significant differences in lending rates across banks. New data reveals small and medium enterprises (SMEs) pay between 17% and 46% annually for loans a spread the Chamber of Young Entrepreneurs calls deceptive relief in a hostile borrowing climate. […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/young-ghanaian-entrepreneurs-slam-stifling-loan-rates-despite-bank-variations/

Politics

30 h. ago BoG urges financial institutions to maintain a robust credit risk management framework

It continued that RFIs with NPL ratios exceeding the prudential limit shall, from 1st January 2027, be restricted from the payment of dividends and bonuses, as well as growing their loan portfolio lending to related parties and sectors of the RFI’s credit portfolio with NPL ratios above the prudential limit etc., except for cash-backed facilities.

Politics

31 h. ago Ghana Sets 2025 Deadline for Landmark Islamic Finance Framework

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-sets-2025-deadline-for-landmark-islamic-finance-framework/Ghana is accelerating plans to become West Africa’s Islamic finance hub with comprehensive regulations for banking, insurance, and capital markets due by year-end 2025. Professor John Gartchie Gatsi, adviser to the Bank of Ghana, confirmed the joint framework developed by the central bank, Securities and Exchange Commission, and National Insurance Commission will cover non-interest banking, Sukuk bonds, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-sets-2025-deadline-for-landmark-islamic-finance-framework/

Events

32 h. ago Komenda Sugar Revival Offers Blueprint for Ghana’s Ailing Factories

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/komenda-sugar-revival-offers-blueprint-for-ghanas-ailing-factories/Ghana’s push to revive the long-dormant Komenda Sugar Factory signals a potential turning point in industrial strategy. Rather than rushing production, the newly inaugurated Interim Management Committee will first conduct comprehensive technical, financial, and operational reviews. This evidence-based approach contrasts sharply with past failures, prioritizing accountability before restarting machinery. The factory’s history mirrors Ghana’s broader […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/komenda-sugar-revival-offers-blueprint-for-ghanas-ailing-factories/

Politics

34 h. ago Ghana Stock Market Inches Up as Banking and Telecom Stocks Lead

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-stock-market-inches-up-as-banking-and-telecom-stocks-lead/Ghana’s equities market saw cautious gains Wednesday as the benchmark GSE Composite Index rose 31.35 points to close at 7,443.29, extending its year-to-date advance to 0.52%. Trading activity remained muted with just 589,225 shares changing hands, valued at GH¢2.2 million, though market capitalization edged up to GH¢151.46 billion. Banking stocks drove much of the momentum, […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-stock-market-inches-up-as-banking-and-telecom-stocks-lead/

Politics

38 h. ago Macroeconomic stability must translate into growth – BoG Governor tells Banks

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, is urging commercial banks to leverage the stability in the financial sector to drive economic growth. Speaking at a meeting with chief executives of banks in Accra, Dr. Asiama emphasised that the gains made in stabilising the banking system must now translate into tangible […]

Politics