4 h. ago Bank of Ghana Suspends Major Fintech Players for Forex Violations

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-suspends-major-fintech-players-for-forex-violations/The Bank of Ghana has suspended the remittance licenses of nine financial institutions, including Nigerian fintech unicorn Flutterwave, for unauthorized foreign exchange activities that violated national remittance guidelines. The one-month suspensions, effective September 18, affect three payment service providers (PSPs), five money transfer operators (MTOs), and United Bank for Africa Ghana. The action follows what […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-suspends-major-fintech-players-for-forex-violations/

Politics

5 h. ago BoG suspends remittance partnership of three Payment Service Providers

The Bank of Ghana in the notice stated that, the action was due to breaches of its updated guidelines for inward remittance services by Payment Service Providers.

Economics

5 h. ago BoG suspends remittance partnerships of five money transfer operators including ‘Taptap Send’ 

The Bank of Ghana has announced the suspension of the remittance partnerships of five money transfer operators effective September 18, 2025, for a month.

Economics

5 h. ago Ghana’s Banking Sector Shows Divergent Recovery Paths Amid Credit Quality Challenges

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-banking-sector-shows-divergent-recovery-paths-amid-credit-quality-challenges/Ghana’s banking sector delivered mixed results in the first half of 2025, with leading institutions strengthening capital positions while others grapple with deteriorating loan portfolios, highlighting the uneven pace of recovery across the financial system. Analysis of unaudited half-year financial statements from eight major banks reveals a sector increasingly divided between resilient institutions and those […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-banking-sector-shows-divergent-recovery-paths-amid-credit-quality-challenges/

Politics

12 h. ago National service person allegedly steals GH¢303k from customer’s account

A 25-year-old National Service Person, Jesper Kobina Mensah, has been hauled before the Circuit Court in Accra for allegedly stealing GH¢303,950 through unauthorised electronic transfers from a Stanbic Bank Ghana Ltd. customer.

Economics

33 h. ago Amantin Community Bank Profit Surges 222 Percent, Proposes Dividend

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/amantin-community-bank-profit-surges-222-percent-proposes-dividend/Amantin and Kasei Community Bank has proposed paying GH¢1.49 million in dividends to shareholders after posting a 222 percent profit increase that lifted earnings to GH¢5.99 million in 2024. The Bono East Region-based bank announced the dividend proposal during its 20th annual general meeting, with payouts of GH¢0.37 per share pending Bank of Ghana approval, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/amantin-community-bank-profit-surges-222-percent-proposes-dividend/

Politics

34 h. ago Zenith Bank Tackles SME Fuel Fraud Through Digital Payment Cards

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/zenith-bank-tackles-sme-fuel-fraud-through-digital-payment-cards/Zenith Bank has launched digital fleet management solutions targeting Ghana’s small and medium enterprises, addressing persistent fraud and inefficiencies that plague cash-based fuel purchasing systems across the country’s business sector. The bank’s new Visa Commercial Fleet Solutions aims to digitize fuel and vehicle management for SMEs, many of which continue relying on manual cash systems […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/zenith-bank-tackles-sme-fuel-fraud-through-digital-payment-cards/

Politics

39 h. 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

40 h. ago Expert Questions Independence of Ghana’s Proposed Fiscal Council

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/expert-questions-independence-of-ghanas-proposed-fiscal-council/A prominent banking consultant has raised doubts about whether Ghana’s planned Independent Fiscal Council can operate without political interference, citing the country’s history of undermining supposedly autonomous institutions. Dr. Richmond Atuahene, a banking and financial consultant, questioned the effectiveness of the proposed oversight body during an interview with The High Street Journal. He argued that […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/expert-questions-independence-of-ghanas-proposed-fiscal-council/

Politics

43 h. ago West African Economies Face Mixed Fortunes Amid Recovery Struggles

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/west-african-economies-face-mixed-fortunes-amid-recovery-struggles/Afreximbank highlights uneven growth as Ghana, Nigeria, Senegal confront sector challenges West African economies are experiencing divergent pressures despite some sectoral improvements, according to the African Export-Import Bank, which warned of widening economic strains across member states. Ghana confronts mounting unrest as over 300,000 cocoa farmers protest government pricing policies. Authorities announced only a 4% […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/west-african-economies-face-mixed-fortunes-amid-recovery-struggles/

Politics

43 h. 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

45 h. ago Ghana to Showcase Financial Inclusion Progress at Global Banking Summit

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-to-showcase-financial-inclusion-progress-at-global-banking-summit/Ghana’s central bank will highlight the country’s rapid expansion of financial services access at this week’s Alliance for Financial Inclusion Global Policy Forum, following new data showing significant gains in account ownership. Second Deputy Governor Mrs. Matilda Asante-Asiedu will lead a Bank of Ghana delegation to the summit, which brings together central bankers, regulators, and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-to-showcase-financial-inclusion-progress-at-global-banking-summit/

Politics

45 h. ago Africa’s US$100 Billion Trade Finance Gap Strangles Commercial Growth

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/africas-us100-billion-trade-finance-gap-strangles-commercial-growth/A chronic shortage of trade finance is constraining Africa’s commercial expansion, with banks rejecting $100 billion in legitimate trade requests annually and forcing businesses to abandon profitable deals across the continent. The finance gap affects 40% of trade transactions in Africa compared to just 7% globally, according to the African Development Bank. Small and medium […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/africas-us100-billion-trade-finance-gap-strangles-commercial-growth/

Economics

52 h. ago GCB Bank Eyes Direct TikTok Creator Payments in Ghana Partnership Push

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/gcb-bank-eyes-direct-tiktok-creator-payments-in-ghana-partnership-push/Ghana Commercial Bank is positioning itself as a payment gateway for the country’s growing army of TikTok content creators, potentially eliminating costly middlemen that currently eat into their earnings. Bank officials met Communications Minister Samuel Nartey George on Monday to pitch a comprehensive payment framework that would allow creators to receive TikTok earnings directly through […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/gcb-bank-eyes-direct-tiktok-creator-payments-in-ghana-partnership-push/

Politics

57 h. ago Ghana Launches Energy Efficiency Program for Small Businesses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-launches-energy-efficiency-program-for-small-businesses/The Association of Ghana Industries has partnered with the World Bank to launch a pilot program aimed at helping small and medium enterprises reduce energy consumption and operating costs. The Energy Smart Businesses initiative will support 35 SMEs across three key sectors over six months. Participating companies in agribusiness, garments and textiles, and hospitality will […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-launches-energy-efficiency-program-for-small-businesses/

Politics

59 h. ago Agricultural Development Bank Shares Remain Flat as Board Changes Loom

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/agricultural-development-bank-shares-remain-flat-as-board-changes-loom/Agricultural Development Bank shares traded unchanged at GH¢5.06 on the Ghana Stock Exchange Tuesday, with no trading activity recorded during the session. The bank’s market capitalization stands at GH¢8.36 billion despite the quiet trading day. The lack of trading volume comes ahead of significant corporate governance changes at the state-controlled lender. ADB will hold its […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/agricultural-development-bank-shares-remain-flat-as-board-changes-loom/

Politics

59 h. ago Ghana Banks Face Mounting Bad Debt Crisis Following Sovereign Default

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-banks-face-mounting-bad-debt-crisis-following-sovereign-default/Ghana’s banking sector continues struggling with deteriorating loan portfolios more than two years after the country’s sovereign debt restructuring, highlighting the persistent challenges facing the financial system. Non-performing loans reached 21.8 percent of total bank lending by December 2024, reflecting ongoing stress from the government’s 2022 debt crisis. The situation has worsened significantly from pre-default […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-banks-face-mounting-bad-debt-crisis-following-sovereign-default/

Events

60 h. ago ADB shareholders to vote on new board appointments at September meeting

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/adb-shareholders-to-vote-on-new-board-appointments-at-september-meeting/Agricultural Development Bank PLC will hold its 38th Annual General Meeting on September 24, seeking shareholder approval for nine director appointments nominated by the Government of Ghana. The meeting, scheduled for 11:00 AM at the Accra Financial Centre in Ridge, will address three main items. Shareholders will vote on the board appointments, review the bank’s […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/adb-shareholders-to-vote-on-new-board-appointments-at-september-meeting/

Politics

60 h. ago Societe Generale Ghana announces third edition of “ARTENT!ON ”

Societe Generale Ghana has launched the third edition of its flagship creative arts programme, ARTENT!ON, in partnership with Africa Movie Box(AMB) at the La Foundation for the Arts. The event was attended by Executives and staff of SG Ghana, industry experts, and artists. As the bank’s flagship creative arts programme, ARTENT!ON has over the past […]

Politics

64 h. ago Stanbic Bank supports KNUST SONSOL initiative with 50 laptops for female STEM students

Stanbic Bank Ghana has distributed 50 laptop computers to support underprivileged female students in Science, Technology, Engineering, and Mathematics (STEM) at the KNUST.

Politics