26 h. ago Ghana Faces Fiscal Tightrope as World Bank Urges Strategic Spending

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-faces-fiscal-tightrope-as-world-bank-urges-strategic-spending/The World Bank has endorsed Ghana’s aggressive fiscal consolidation while urging the government not to sacrifice critical investments protecting vulnerable citizens. This delicate balance emerged as a central theme at the launch of Ghana’s 9th Economic Update, where policymakers grapple with sustaining reforms without stalling social progress. Robert Taliercio, World Bank Director for Ghana, Sierra […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-faces-fiscal-tightrope-as-world-bank-urges-strategic-spending/

Politics

29 h. ago CSquared Expands Fiber Network to Boost West Africa’s Digital Access

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/csquared-expands-fiber-network-to-boost-west-africas-digital-access/A major fiber optic expansion is set to transform digital connectivity across West Africa, bridging coastal and landlocked nations. Pan-African tech firm CSquared announced its cross-border terrestrial backbone now stretches from Abidjan to Monrovia, integrating with existing routes between Accra and Lagos. This infrastructure will link Economic Community of West African States (ECOWAS) countries while […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/csquared-expands-fiber-network-to-boost-west-africas-digital-access/

Politics

45 h. ago Ghana Grapples with Infrastructure and Economic Crises Amid Reform Push

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-grapples-with-infrastructure-and-economic-crises-amid-reform-push/Ghana faces mounting pressure to address systemic failures in infrastructure safety and state enterprise efficiency, following a deadly helicopter crash that killed two ministers and exposed gaping holes in crisis preparedness. The tragedy coincides with alarming road safety statistics: 3,674 crashes claimed 752 lives in early 2025 alone, driven by overloaded “trotro” vans carrying up […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-grapples-with-infrastructure-and-economic-crises-amid-reform-push/

Economics

2 d. 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

7 d. ago Ghana Leaders Demand Policy Unity to Turn Rate Cuts into Real Growth

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-leaders-demand-policy-unity-to-turn-rate-cuts-into-real-growth/Top bankers, businesses, and the central bank are urging Ghana’s policymakers to forge stronger links between interest rate reductions and fiscal reforms. At a high-level forum in Accra, stakeholders agreed that the Bank of Ghana’s recent monetary easing while positive,won’t translate into broad economic gains without coordinated tax relief, infrastructure spending, and private-sector support. Hosted […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-leaders-demand-policy-unity-to-turn-rate-cuts-into-real-growth/

Politics

9 d. ago Ghana Grapples with Data Breach Fallout as Digital Reliance Grows

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-grapples-with-data-breach-fallout-as-digital-reliance-grows/Personal information shared through mobile money registrations, job applications, and social media faces mounting exposure risks in Ghana’s expanding digital landscape. Data breaches unauthorized access to names, financial details, or passwords occur through cyberattacks or insider leaks, eroding public trust in institutions. The Data Protection Act, 2012 (Act 843) mandates strict safeguards: companies must secure […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-grapples-with-data-breach-fallout-as-digital-reliance-grows/

Politics

1 week ago Ghana Banking Sector Grapples with Rising Bad Loans Despite Stronger Buffers

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-banking-sector-grapples-with-rising-bad-loans-despite-stronger-buffers/Non-performing loans (NPLs) in Ghana’s banking sector climbed to 21.8% in 2024, up from 20.58% the previous year, driven by lingering macroeconomic strains and the fallout from the 2022 Domestic Debt Exchange Programme. Services, commerce/finance, transport/storage/communication, and construction dominated impaired assets, jointly contributing over 75% of total NPLs. The services sector alone accounted for 26.27%, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-banking-sector-grapples-with-rising-bad-loans-despite-stronger-buffers/

Politics

3 w. ago Mahama Launches Coastal Protection Project with Livelihood Boost for Fishing Communities

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/mahama-launches-coastal-protection-project-with-livelihood-boost-for-fishing-communities/President John Mahama has initiated Phase Two of the Blekusu Coastal Protection Project, combining sea defense infrastructure with economic facilities to revitalize tidal wave-battered communities along Ghana’s eastern coast. The 2025-2029 intervention will deliver: Climate Resilience: 8km of shoreline defenses (37 groins, dune restoration) Economic Infrastructure: Modern fish market, cold storage, processing units, and sanitation systems Transport […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/mahama-launches-coastal-protection-project-with-livelihood-boost-for-fishing-communities/

Politics