3 h. 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

6 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

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 Why mobile devices are now the weakest link in cybersecurity – Phones, phishing & your business

News Ghana, Latest Updates and Breaking News of Ghana, Allen OLAYIWOLA, https://www.newsghana.com.gh/why-mobile-devices-are-now-the-weakest-link-in-cybersecurity-phones-phishing-your-business/ Without proper protection, your team’s smartphones could put your entire organisation at risk Have you noticed a rise in suspicious messages lately? Maybe it’s a strange SMS claiming to be from Ghana Post asking you to rebook a delivery, or a supposed “bank” requesting your card details—even though you’ve never opened an account with them. […] News Ghana, Latest Updates and Breaking News of Ghana, Allen OLAYIWOLA, https://www.newsghana.com.gh/why-mobile-devices-are-now-the-weakest-link-in-cybersecurity-phones-phishing-your-business/

Technology

11 h. ago Ghana Pushes Gold Refining Expansion to Capture Export Value

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-gold-refining-expansion-to-capture-export-value/At London’s GHIB CONVERGE conference, Bank of Ghana First Deputy Governor Dr. Zakari Mumuni championed plans to transform the nation’s gold sector. “Establishing refineries in Ghana presents a very good prospect,” he told banking and trade leaders, arguing that domestic processing would create jobs, improve trade balances, and retain more value from Africa’s top gold […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-gold-refining-expansion-to-capture-export-value/

Politics

13 h. ago Ghana Banks Trade Safety Buffers for Growth as Liquidity Dips

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-banks-trade-safety-buffers-for-growth-as-liquidity-dips/Ghana’s banking sector is actively shifting cash reserves into loans and investments, driving economic growth but shrinking critical liquidity buffers. New data reveals core liquid assets plunged from 38.9% of total assets in October 2024 to 28.9% by June 2025 a 22.7% drop. Similarly, coverage of short-term liabilities fell from 47% to 35.3%, signaling tighter […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-banks-trade-safety-buffers-for-growth-as-liquidity-dips/

Politics

13 h. ago Republic Bank celebrated as sole financier of a historic breakthrough in Ghana’s mining sector

In a landmark achievement for Ghana’s natural resource development, Africa Exploration and Minerals Group Ltd (AEMG), a solely owned Ghanaian exploration company has successfully concluded the drilling phase of the country’s first-ever Mineral Resource Estimation (MRE) for iron ore, conducted at the Gyamurume Iron Ore Block in the Oti Region. This pioneering initiative, fully financed […]

Events

15 h. ago Summon Finance Minister, Governor over contradictory Gold for Oil reports

The Institute for Economic Research, Policy, and Practice (IERPP) has called on Parliament to haul the Minister of Finance and the Governor of the Bank of Ghana to Parliament to explain conflicting official statements they have given over the Gold for Oil programme.

Politics

23 h. ago African Bank Pushes AI Training to Accelerate Continent’s Development Goals

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/african-bank-pushes-ai-training-to-accelerate-continents-development-goals/Africa’s premier financial institution is betting on artificial intelligence to fast-track the continent’s flagship development plan. The African Development Bank has funded specialized AI training for officials across African Union member states, aiming to sharpen monitoring of Agenda 2063 targets. Held in Lusaka, Zambia, the intensive five-day workshop equipped participants with hands-on experience using platforms […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/african-bank-pushes-ai-training-to-accelerate-continents-development-goals/

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

29 h. ago Ghana Equities Stall After Record July Surge as Access Bank Approves Dividend

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-equities-stall-after-record-july-surge-as-access-bank-approves-dividend/Ghana’s stock market held flat on Tuesday, August 12, with the GSE Composite Index unchanged at 7,411.94 points a pause following July’s explosive 11.9% rally. Trading volume reached 8.7 million shares (GH¢34.6 million), dominated by MTN Ghana (85% of value) at a steady GH¢3.95. Only eight equities saw activity, including static prices for Standard Chartered […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-equities-stall-after-record-july-surge-as-access-bank-approves-dividend/

Politics

31 h. ago Development Banks Drive Industrial Farming in Africa, Report Finds

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/development-banks-drive-industrial-farming-in-africa-report-finds/Public development banks are steering Africa toward large-scale industrial agriculture at the expense of small farmers and food sovereignty, according to a new study by the Alliance for Food Sovereignty in Africa. The report details how Development Finance Institutions (DFIs) have invested over $3 billion directly in African agribusiness since 2019, accelerating a shift toward […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/development-banks-drive-industrial-farming-in-africa-report-finds/

Politics

34 h. ago Sustainability of Ghana’s macroeconomic recovery hinges on elevated gold prices – Fitch Solutions

In its analysis of the Ghanaian economy, it said a substantial decline in gold prices would drive a sharp rebound in inflation. This will prompt the Bank of Ghana to maintain a tighter policy stance than currently anticipated.

Economics

34 h. ago Republic Bank Backs Ghana’s First Iron Ore Exploration Success

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/republic-bank-backs-ghanas-first-iron-ore-exploration-success/In Ghana’s Oti Region, a landmark drilling phase for the country’s inaugural iron ore resource estimation has concluded, funded entirely by Republic Bank (Ghana) PLC. The project, led by local firm Africa Exploration and Minerals Group Ltd (AEMG), unfolded at the Gyamurume Iron Ore Block and signals Ghana’s entry into the global iron and steel […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/republic-bank-backs-ghanas-first-iron-ore-exploration-success/

Politics

35 h. ago Policy consistency and macroeconomic stability necessary for confidence in the cedi – Absa’s Adolph Kpegah

The Executive Director, Strategy and Operations at Absa Bank Ghana Limited, Adolph Kpegah, has highlighted the importance of policy consistency and macroeconomic stability in restoring public confidence in the cedi and in discouraging the preference for hard foreign currency. Speaking at the recent 11th Absa-UPSA Quarterly Banking Roundtable, he highlighted that sustained macroeconomic stability and […]

Events

41 h. ago Digital Cedi Backed By Gold, Cocoa Proposed to Boost Stability

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/Ghana could anchor a future digital currency to its gold and cocoa reserves, creating a more stable foundation for monetary policy and reducing reliance on foreign financial systems, according to Professor Yegandi Imhotep Paul Alagidede, the Bank of Ghana Chair in Finance and Economics at the University of Ghana. Speaking at the launch of his […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/

Politics

41 h. ago Ghana Turns to Gold in Bid to Stabilise Economy, Central Bank Says

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/The Bank of Ghana is leveraging its domestic gold resources as a cornerstone strategy to rebuild foreign reserves, stabilise the cedi, and restore investor confidence following the nation’s exclusion from international capital markets during its recent debt crisis. First Deputy Governor Dr. Zakari Mumuni outlined the central bank’s approach, calling it critical for hedging sovereign […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/

Politics

50 h. ago Ghana’s Insurance Coverage Stalls Near Historic Low Despite Economic Gains

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-insurance-coverage-stalls-near-historic-low-despite-economic-gains/If you’ve ever wondered why insurance agents seem to push so hard in Ghana, the latest central bank figures offer a clue. The Bank of Ghana’s 2024 Financial Stability Review shows insurance penetration stubbornly held at just 1.0% of GDP this year, unchanged from 2023. Using the newer IFRS 17 accounting standard, that figure actually […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-insurance-coverage-stalls-near-historic-low-despite-economic-gains/

Politics