13 h. ago Absa Bank Ghana wins 13 honours at 5th National Governance and Business Leadership Awards

Absa Bank Ghana has received 13 awards at the 5th National Governance and Business Leadership Awards (NGBLA 2025), held in Accra on Friday, 29 August.

Politics

15 h. ago First National Bank calls for realistic retirement planning to secure financial freedom

Retirement is often imagined as a season of freedom, stability, and fulfilment. But according to Samuel Acquah, Chief Risk Officer at First National Bank, the lived reality for many Ghanaian retirees reveals a gap between expectation and experience, requiring a fresh approach to financial planning. Speaking on the theme Redefining Financial Freedom for Retirement, Mr Acquah said while Ghana’s Three-Tier Pension system exists to support workers in both formal and informal sectors, most individuals still rely on informal planning methods that fall short of ensuring adequate retirement income. Many pensioners, he noted, cite low salaries, limited financial knowledge, and poor access to information as barriers to effective preparation.

Politics

5 d. ago Atlantic Lithium Secures £28m Funding for Ghana Mining Project

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/atlantic-lithium-secures-28m-funding-for-ghana-mining-project/Atlantic Lithium has secured binding financing agreements worth up to £28 million to advance its flagship Ewoyaa Lithium Project, positioning itself to become Ghana’s first lithium-producing mine. The Africa-focused mining company announced Tuesday that it has entered into agreements with Long State Investments, a global investment firm specializing in growth-oriented companies. The funding package includes […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/atlantic-lithium-secures-28m-funding-for-ghana-mining-project/

Politics

5 d. ago Your savings as your launchpad for a better financial future

Building financial resilience requires good financial planning, which will in turn help you meet your financial goals. However, this also comes with the responsibility of being disciplined and being prepared to unlearn and relearn what you know about finances and money management.  The Head of Retail Banking at First National Bank Ghana, Akweley Laryea explains […]

Economics

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

7 d. ago Ghana’s Agriculture Faces US$5 Billion Credit Crisis Despite Economic Importance

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-agriculture-faces-us5-billion-credit-crisis-despite-economic-importance/Ghana’s agricultural sector employs nearly 30% of the population yet receives just 3.5% of total bank lending, highlighting a massive financing mismatch that threatens the country’s food security and economic growth. Despite agriculture’s vital role in GDP and export earnings, smallholder farmers and agribusinesses struggle with loans that don’t match farming realities. Current lending models […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-agriculture-faces-us5-billion-credit-crisis-despite-economic-importance/

Economics

9 d. ago Insurance Chiefs Call for Risk Planning in Ghana’s Market Development

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/insurance-chiefs-call-for-risk-planning-in-ghanas-market-development/District assemblies can transform Ghana’s trading centers into safer, more financially secure environments by integrating insurance and risk management from the earliest planning stages, according to the country’s leading insurance professional. Solomon Amah-Kai Lartey, President of The Chartered Insurance Institute of Ghana, argues that involving insurers and risk managers during market planning ensures layouts meet […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/insurance-chiefs-call-for-risk-planning-in-ghanas-market-development/

Economics

1 week ago Sanlam Allianz partners MGL to promote financial confidence  

The CEO and Managing Director of Sanlam Allianz Life Insurance Ghana, Tawiah Ben-Ahmed has called for new measures to improve financial confidence and secure prosperity. He explained that such initiatives will enable dependents of policy holders to benefit from salaries in the case of death or accidents. Speaking to Joy Business after a partnership deal […]

Politics

1 week ago Couples urged to break money silence as families face debt spiral

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/couples-urged-to-break-money-silence-as-families-face-debt-spiral/Most Ghanaian families remain dangerously close to financial crisis, with banking experts warning that lack of open money conversations between spouses is driving households into expensive debt traps. Akweley Laryea, Head of Retail Banking at First National Bank, says many families could avoid emergency borrowing by discussing finances more openly and building shared financial plans […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/couples-urged-to-break-money-silence-as-families-face-debt-spiral/

Economics

1 week ago First Fund Investors Threaten Street Protests Over GH¢170m Locked Funds

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/first-fund-investors-threaten-street-protests-over-gh%c2%a2170m-locked-funds/Over 20,000 investors in the defunct First Fund are preparing street demonstrations if regulators fail to release their locked savings within two weeks, escalating a six-year dispute that has left GH¢170 million trapped in the collapsed investment scheme. The Securities and Exchange Commission revoked First Banc Financial Services’ license in 2019, but investors say they […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/first-fund-investors-threaten-street-protests-over-gh%c2%a2170m-locked-funds/

Events

2 w. ago Asante Gold Secures US$500 Million Financing Package for Ghana Operations

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/asante-gold-secures-us500-million-financing-package-for-ghana-operations/Asante Gold Corporation has completed a major $500 million financing package that will fund development at its Bibiani and Chirano mines in Ghana. The Vancouver-based company announced it has received the net proceeds from a $125 million second utilization under its senior debt facility, following an initial $5 million drawdown earlier this month. A $20 […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/asante-gold-secures-us500-million-financing-package-for-ghana-operations/

Economics

2 w. ago Ghana’s Digital Currency Shift Opens New Doors for Businesses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-digital-currency-shift-opens-new-doors-for-businesses/Ghana is quietly positioning itself at the forefront of Africa’s financial technology evolution. The Bank of Ghana’s development of the e-Cedi, a central bank digital currency, marks a significant step toward modernizing the nation’s economy. This initiative aims to provide a safer and more efficient payment system, especially for the many citizens who still lack […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-digital-currency-shift-opens-new-doors-for-businesses/

Politics

2 w. ago Ghana Think Tank Questions Fiscal Transparency in Bank Bailout

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-think-tank-questions-fiscal-transparency-in-bank-bailout/A prominent economic policy institute is raising alarms over the government’s accounting of a major bank rescue. The Institute for Fiscal Studies says officials failed to fully report the fiscal impact of recapitalizing the National Investment Bank. According to the 2025 mid-year budget review, the support package for NIB totaled GH₵2.45 billion. This included GH₵450 […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-think-tank-questions-fiscal-transparency-in-bank-bailout/

Events

2 w. ago Standard Chartered staff lend a lifesaving hand to National Blood Bank

The employees of Standard Chartered have recently embarked on a voluntary blood donation exercise to support the National Blood Bank. The activity forms part of the Bank’s annual Employee Volunteering Month, where staff take time off their schedules to give back in meaningful ways to the communities they serve. Voluntary donations like these are essential […]

Events

2 w. ago Ghana’s Opposition Slams Central Bank Over US$4.5 Billion Liquidity Withdrawal

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-opposition-slams-central-bank-over-us4-5-billion-liquidity-withdrawal/Ghana’s economic recovery is being threatened by a drastic measure from the nation’s central bank, according to the parliamentary Minority. The Bank of Ghana is pulling billions of dollars out of circulation in a process known as sterilisation, a move critics say is choking off vital capital from businesses. The Minority, led by Kojo Oppong […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-opposition-slams-central-bank-over-us4-5-billion-liquidity-withdrawal/

Economics

3 w. ago Ghana’s Inflation Crisis Pushed 800,000 into Poverty, World Bank Finds

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-inflation-crisis-pushed-800000-into-poverty-world-bank-finds/Skyrocketing inflation during Ghana’s recent economic crisis pushed over 800,000 citizens below the poverty line, a new World Bank report reveals. Households across the nation struggled as the cost of food, transport, and other essentials surged, rapidly eroding fragile incomes. The situation became so dire that even earning $3 a day wasn’t enough for many […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-inflation-crisis-pushed-800000-into-poverty-world-bank-finds/

Events

3 w. ago Mahama urges Ghanaians to support children of eight fallen heroes  

President John Dramani Mahama Friday, encouraged Ghanaians to show love to the children of the eight victims of the August 6 helicopter crash, through financial support, care and security. 

Politics

3 w. 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

3 w. 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

3 w. ago Societe Generale empowers SMEs through innovative financing and business support solutions

Societe Generale Ghana (SG Ghana) has reaffirmed its commitment to supporting Ghanaian businesses by hosting an SME workshop under the theme “Innovative SG Banking Products – Financing with or without Security.” The workshop was held at Western Serene Atlantic Hotel, Takoradi. The event brought together over 50 small and medium-sized enterprises (SMEs), including 18 women-led […]

Economics