62 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

3 d. ago Ethiopian Airlines Secures Key Funding for Continent’s Largest Airport

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ethiopian-airlines-secures-key-funding-for-continents-largest-airport/Ethiopian Airlines Group and the African Development Bank have formalized a major financing agreement for Africa’s most ambitious aviation project. The deal, signed in Addis Ababa, designates the Bank as lead arranger for a $500 million loan to develop a new mega-airport in Bishoftu, 40 kilometers south of Ethiopia’s capital. The greenfield facility will initially […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ethiopian-airlines-secures-key-funding-for-continents-largest-airport/

Politics

7 d. ago Credit bureau database: banks conducted highest number of enquiries

According to the Bank of Ghana, it is mandatory for financial institutions under Section 26 of the Credit Reporting Act, 2007 (Act 726), to conduct credit searches on prospective borrowers before approving or denying credit facilities.

Politics

7 d. ago Credit Reference Bureau enquiries surge in 2024 as banks lead the charge

Searches and enquiries made by financial institutions and authorised users on the databases of credit reference bureaus saw a significant jump in 2024, according to the Bank of Ghana’s newly released Credit Reporting Activity report.

Politics

8 d. ago Ghana Banks to Lower Lending Rates as Key Benchmark Falls Below 20%

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/reference-rate-drops-to-19-67-banks-to-cut-lending-rates-credit-relief-expected-for-borrowers/Commercial banks in Ghana will reduce lending costs for borrowers following a sharp decline in the Ghana Reference Rate (GRR), offering potential relief to businesses and households. The benchmark rate dropped from 23.69% in June to 19.67% this month, the Ghana Association of Banks confirmed today. This shift comes after the Bank of Ghana cut […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/reference-rate-drops-to-19-67-banks-to-cut-lending-rates-credit-relief-expected-for-borrowers/

Politics

8 d. ago Ghana Stock Exchange Hits Record High as Banking and Telecom Stocks Lead Rally

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-stock-exchange-hits-record-high-as-banking-and-telecom-stocks-lead-rally/The Ghana Stock Exchange (GSE) Composite Index surged to an unprecedented 7,323.35 points during Thursday’s trading session, marking its strongest performance this year. This represents a substantial single-day gain of 161.15 points from Wednesday’s close of 7,162.20 points. Year-to-date growth now stands at 0.50%, reflecting sustained investor confidence despite broader economic headwinds across the region. […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-stock-exchange-hits-record-high-as-banking-and-telecom-stocks-lead-rally/

Events

9 d. ago Ghana Central Bank Slashes Policy Rate in Surprise Move Amid Economic Shifts

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-central-bank-slashes-policy-rate-in-surprise-move-amid-economic-shifts/The Bank of Ghana has cut its benchmark Monetary Policy Rate by 300 basis points to 25%, defying market expectations in a decisive shift toward stimulating growth. Five of six Monetary Policy Committee members backed the aggressive reduction, citing plunging inflation (13.7% in June from 23.8% in December 2024), a 40.7% year-to-date cedi surge, and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-central-bank-slashes-policy-rate-in-surprise-move-amid-economic-shifts/

Events

1 week ago Global Air Travel Sees Robust Growth with Premium Demand Surging

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/global-air-travel-sees-robust-growth-with-premium-demand-surging/The International Air Transport Association (IATA) has released its 2024 World Air Transport Statistics, revealing strong post-pandemic recovery with notable shifts in passenger preferences and regional performance. Global air travel demand grew significantly, led by an 11.8% surge in international premium-class passengers (business/first class), outpacing economy class growth (11.5%). A record 116.9 million premium travelers […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/global-air-travel-sees-robust-growth-with-premium-demand-surging/

Politics

1 week ago Ghana Mobile Money Transactions Hit GH₵323.2 Billion in June

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-mobile-money-transactions-hit-gh%e2%82%b5323-2-billion-in-june/Ghana’s mobile money transactions reached GHC 323.2 billion in June 2025, according to the Bank of Ghana’s latest Summary of Economic and Financial Data. The figure represents a 10.2% decline from May’s GHC 360 billion but underscores significant year-on-year growth. Compared to June 2024’s GHC 224 billion, transaction values surged by GHC 99.2 billion a […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-mobile-money-transactions-hit-gh%e2%82%b5323-2-billion-in-june/

Economics