2 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

3 h. ago Deloitte Cautions Ghana on Foreign Borrowing Despite Debt Gains

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/deloitte-cautions-ghana-on-foreign-borrowing-despite-debt-gains/Ghana’s dramatic debt reduction hasn’t silenced calls for fiscal caution. Deloitte Ghana has urged the Mahama administration to tread carefully as it considers re-entering international capital markets, warning against repeating the missteps that triggered the 2022 crisis. New data shows Ghana’s debt-to-GDP ratio plummeted to 43.8% in June 2025, down from 78.5% in late 2021 […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/deloitte-cautions-ghana-on-foreign-borrowing-despite-debt-gains/

Politics

6 h. ago HORDS PLC Deepens Losses Amid Cost Surge Despite Revenue Jump

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-deepens-losses-amid-cost-surge-despite-revenue-jump/Ghanaian manufacturing firm HORDS PLC reported a widened net loss of GH¢657,053 for the first quarter of 2025, deepening last year’s GH¢571,777 deficit despite a fivefold revenue surge. The unaudited results show sales climbing to GH¢1.36 million from GH¢249,713 in early 2024, but crippling production costs of GH¢1.81 million erased gains, triggering a GH¢457,722 gross […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-deepens-losses-amid-cost-surge-despite-revenue-jump/

Politics

9 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

9 h. ago ABSA, Republic Bank Offer Ghana’s Cheapest SME Loans as Rate Gap Widens

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/absa-republic-bank-offer-ghanas-cheapest-sme-loans-as-rate-gap-widens/Ghanaian SMEs face dramatically different borrowing costs depending on their bank choice, new Central Bank data reveals. ABSA, Republic Bank, and Bank of Africa emerged as the most affordable lenders in June 2025, while others charged over double their rates—potentially crippling small businesses. The Bank of Ghana’s annualised percentage rate (APR) report, measuring true loan […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/absa-republic-bank-offer-ghanas-cheapest-sme-loans-as-rate-gap-widens/

Politics

10 h. ago BoG meets banks on foreign exchange auctions and liquidity challenges

The Governor of the Bank of Ghana (BoG), Dr. Johnson P. Asiama, has announced plans to engage the Ghana Association of Banks in the coming days to address concerns surrounding forward foreign exchange auctions and market liquidity. Speaking at a brief meeting with the CEOs of commercial banks in Accra, Dr. Asiama explained that the […]

Politics

11 h. ago BoG targets credit risk, liquidity and reserve requirements of banks in new regulatory measures

Dr. Johnson Asiama said the credit and risk governance measures will ensure that the commercial banks will be aligned with the Basel principles. This will set minimum standards for underwriting, monitoring, and provisioning.

Events

11 h. ago Refold AI Raises US$6.5M to Automate Costly Enterprise Integrations

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/refold-ai-raises-us6-5m-to-automate-costly-enterprise-integrations/Startup Refold AI emerged from stealth with $6.5 million in seed funding to tackle what it calls the $350 billion “integration tax” enterprises pay annually for manual API connections. Led by Eniac Ventures and Tidal Ventures, the round will accelerate development of its AI platform that replaces consultants and middleware with autonomous agents handling complex […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/refold-ai-raises-us6-5m-to-automate-costly-enterprise-integrations/

Economics

13 h. ago Insurance industry: Total investment assets declined slightly in 2024; life insurance dominates investment holdings

“From a financial stability perspective, the evolving investment strategy reflects both strength and fragility. On the one hand, the reduced concentration in government securities enhances resilience to sovereign risk. On the other hand, increased exposure to equities and real estate heightens vulnerability to market cycles, especially under adverse economic scenarios”, the report stressed.

Politics

13 h. ago Kojo Choi denies NDC ties, says appointment based on competence

Ghana’s Ambassador-Designate to South Korea, Kojo Choi, has refuted claims that he is politically aligned with the National Democratic Congress (NDC) despite being appointed by President John Dramani Mahama. Speaking in an interview on Channel One TV, on Tuesday, August 12, Mr Choi said his professional work and relationships cut across political lines, stressing that […]

Politics

13 h. ago Ghana Cocoa Farmers See Little Gain from Price Surge, IMANI Reveals

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-see-little-gain-from-price-surge-imani-reveals/Record cocoa prices won’t automatically rescue Ghana’s struggling farmers, policy think tank IMANI Africa warns. Despite the government hiking producer prices, most smallholders still earn as little as GHC 5.90 daily per hectare barely enough to cover costs. The problem isn’t prices but productivity, IMANI stresses. With 70% of farmers tending plots under two hectares, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-see-little-gain-from-price-surge-imani-reveals/

Politics

27 h. ago Ghana’s Company Registrar Pushes Compliance as Business Lifeline

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-company-registrar-pushes-compliance-as-business-lifeline/The Office of the Registrar of Companies (ORC) is launching a nationwide drive to transform business compliance culture, warning that ignoring legal obligations could cut off critical services like banking. Deputy Registrar Benjamin Zigorsh-Nyakpenu declared the week-long campaign targets entrepreneurs, NGOs, and churches, stressing: “We don’t want companies to die—seek help before it’s too late.” […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-company-registrar-pushes-compliance-as-business-lifeline/

Economics

28 h. ago Prof William Coffie appointed acting Managing Director of Cocoa Processing Company Limited

President John Dramani Mahama has appointed Prof William Coffie as the acting Managing Director of the Cocoa Processing Company Limited (CPC). This crucial appointment comes at a time when the CPC, a vital component of Ghana’s cocoa value chain, is facing significant financial and operational challenges. Prof Coffie is a distinguished financial economist, chartered accountant, […]

Politics

28 h. ago Chamber of Young Entrepreneurs bemoans high cost of lending in new BoG report

The Ghana Chamber of Young Entrepreneurs has described lending rates to small and medium enterprises (SMEs) as daunting and one which stifles growth. The chamber’s comment follows a publication by the Bank of Ghana, stating that commercial banks offered loans at annualized Percentage rates from 17% to as high as 45% at the end of […]

Politics

28 h. ago Nigeria’s Lassa Fever Deaths Climb to 155 Amid Wider Outbreak

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/nigerias-lassa-fever-deaths-climb-to-155-amid-wider-outbreak/Nigeria’s public health authorities confirm the Lassa fever death toll has reached 155, with at least three fatalities recorded this month alone. The Nigeria Centre for Disease Control and Prevention (NCDC) reported 825 confirmed cases nationwide since January, alongside more than 6,520 suspected infections. A slight decline in the death rate among confirmed patients brings […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/nigerias-lassa-fever-deaths-climb-to-155-amid-wider-outbreak/

Events

30 h. ago Ghana Grapples with GH₵5 Billion Tax Exemption Cost Amid Jobs Crisis

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-grapples-with-gh%e2%82%b55-billion-tax-exemption-cost-amid-jobs-crisis/Ghana is sacrificing nearly GH₵5 billion in potential tax revenue annually through exemptions, even as the nation struggles with high unemployment and urgent fiscal pressures. The government forfeited roughly GH₵4.6 billion in 2023 under the Ghana Exemptions Act, 2022 a slight dip from GH₵4.8 billion in 2022 but still equivalent to about 3.9% of GDP, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-grapples-with-gh%e2%82%b55-billion-tax-exemption-cost-amid-jobs-crisis/

Economics

33 h. ago Sam George alleges covert moves by MultiChoice Ghana to evade a 30% DSTv price cut

Minister of Communications, Digital Technology and Innovations, Samuel George, has revealed that MultiChoice Ghana, the operators of DStv, is involved in intense behind-the-scenes lobbying to pressure him into reversing his directive for a significant price reduction.

Politics

34 h. ago We were contesting Akwatia seat in court; we’ll contest the by

The National Democratic Congress (NDC) has announced its readiness to contest the Akwatia by-election on September 2, while casting doubt on the motives behind the New Patriotic Party’s (NPP) approach to recent parliamentary polls. 

Events

40 h. ago Trump Picks Heritage Economist to Head Labor Stats Agency After Ousting Criticized Chief

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/trump-picks-heritage-economist-to-head-labor-stats-agency-after-ousting-criticized-chief/President Donald Trump has nominated conservative economist EJ Antoni to lead the Bureau of Labor Statistics, replacing former Commissioner Erika McEntarfer whom he fired earlier this month. Antoni, a federal budget analyst at the Heritage Foundation, requires Senate confirmation for the role. Trump announced the selection on Truth Social, stating Antoni would “ensure that the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/trump-picks-heritage-economist-to-head-labor-stats-agency-after-ousting-criticized-chief/

Politics

40 h. ago Trump Picks Heritage Economist to Head Labor Statistics Agency After Ousting Criticized Chief

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/trump-picks-heritage-economist-to-head-labor-statistics-agency-after-ousting-criticized-chief/President Donald Trump has nominated conservative economist EJ Antoni to lead the Bureau of Labor Statistics, replacing former Commissioner Erika McEntarfer whom he fired earlier this month. Antoni, a federal budget analyst at the Heritage Foundation, requires Senate confirmation for the role. Trump announced the selection on Truth Social, stating Antoni would “ensure that the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/trump-picks-heritage-economist-to-head-labor-statistics-agency-after-ousting-criticized-chief/

Politics