5 d. ago Savings and loans sector records 27% growth in lending amidst low NPL rate

Ghana’s savings and loans sector recorded a significant increase in lending, rising from GH¢1.7 billion in 2023 to GH¢2.1 billion as of December 2024. This represents a 27.2 percent year-on-year growth. The figures were presented at the 15th Annual General Meeting of the Ghana Association of Savings and Loans Companies (GHASALC) held in Accra. The […]

Economics

8 d. ago Gold prices to remain elevated; Ghanaian government to take greater policy risks – Fitch Solutions

Gold accounts for roughly 40% of Ghana’s exports, serving as its primary source of foreign exchange.

Politics

3 w. ago US visa tips: 10 key insights revealed by the US Consul General on Joy FM’s SMS

The United States Embassy in Ghana is stepping up its visa vetting processes following extensive revised guidelines by the Trump administration, particularly for students, while addressing persistent concerns about application success rates, visa fixers, and social media scrutiny.

Politics

3 w. ago Ghana’s international reserves to be quickly eroded by a sharp decline in gold prices – Fitch Solutions warns

According to the UK-based firm, the central bank would in this scenario struggle to maintain the cedi at current levels, leading to a renewed sell-off.

Events

3 w. ago Advisory | Ghana’s credit ratings upgrade: A vote of confidence, but not a passport to borrow

A JoyNews Research Advisory Note | Dispatch 1 Ghana is back on the radar of global investors. For the first time since defaulting on its debt in 2022, all three major credit rating agencies—Moody’s, S&P, and now Fitch—have revised the country’s ratings upward. Fitch’s latest move, lifting Ghana from ‘Restricted Default’ to B- with a […]

Sport

3 w. ago Fitch Solutions revises Ghana’s average inflation in 2025 to 17.2% – Fitch Solutions

Fitch Solutions has revised Ghana’s average inflation in 2025 to 17.2% from the earlier 18.8%. According to the UK-based firm, this will ease pressure on household budgets and supporting consumer spending. Its sister firm, Fitch Ratings, however, predicted an average inflation of 15% in 2025. Fitch Solutions said that high-frequency indicators reinforce its outlook for […]

Politics

3 w. ago Fitch Solutions revises Ghana’s growth rate upwards to 4.9% in 2025

Fitch Solutions has revised Ghana’s 2025 real economic growth forecast from 4.2% to 4.9%. This follows what it described as a stronger-than-anticipated quarter one 2025 results. Data released by the Ghana Statistical Service on June 6, 2025, showed that real GDP growth accelerated from 3.6% year-on-year in quarter 4, 2024, to 5.3% in quarter 1, […]

Events

4 w. ago BoG expresses commitment to a flexible exchange rate regime – Asiama

The Bank of Ghana has expressed its commitment to a flexible exchange rate system backed by strong economic policies to support business growth. This is an assurance by the Governor of the Bank of Ghana, Dr. Johnson Asiamah. Speaking at a high-level thought leadership event by the Ghana Association of Banks and Absa Bank on […]

Politics