7 h. ago Young Ghanaian Entrepreneurs Slam “Stifling” Loan Rates Despite Bank Variations

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/young-ghanaian-entrepreneurs-slam-stifling-loan-rates-despite-bank-variations/Ghana’s young business founders face crushing credit costs that threaten expansion and competitiveness, industry leaders warn, despite significant differences in lending rates across banks. New data reveals small and medium enterprises (SMEs) pay between 17% and 46% annually for loans a spread the Chamber of Young Entrepreneurs calls deceptive relief in a hostile borrowing climate. […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/young-ghanaian-entrepreneurs-slam-stifling-loan-rates-despite-bank-variations/

Politics

22 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

48 h. ago Ghana Business Leaders Push for Bold Investment Shift in 2026 Budget

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-business-leaders-push-for-bold-investment-shift-in-2026-budget/Ghana’s leading business association is urging the government to pivot from economic stabilization to aggressive growth through capital investments. The Ghana National Chamber of Commerce and Industry (GNCCI) made the call following the Finance Ministry’s invitation for stakeholder input on the 2026–2029 budget framework. GNCCI President Stephane Miezan acknowledged the government’s “sterling” success in restoring […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-business-leaders-push-for-bold-investment-shift-in-2026-budget/

Politics

4 d. ago Fidelity Bank Relaunches Cash Prize Promo to Boost Ghanaian Savings

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/fidelity-bank-relaunches-cash-prize-promo-to-boost-ghanaian-savings/Fidelity Bank Ghana has revived its popular “Sika Bumm” savings campaign, rebranded as “Sika Bumm Reloaded,” offering customers life-changing cash prizes. The initiative rewards consistent savers with monthly draws and a grand finale, targeting financial stability across the country. To qualify, customers need only maintain a minimum balance of GH¢500 in current or savings accounts. […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/fidelity-bank-relaunches-cash-prize-promo-to-boost-ghanaian-savings/

Economics

6 d. ago Ghanaian Banks Urged to Shift Focus as Rate Cuts Reshape Economy

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanaian-banks-urged-to-shift-focus-as-rate-cuts-reshape-economy/Ghana’s banking sector must fundamentally transform its business models away from passive government investments and towards active lending, particularly to small businesses and sustainable projects, central bank governor Dr. Johnson Asiama declared at a major policy forum in Accra. The call came during a high-level seminar organized by the Chartered Institute of Bankers Ghana (CIB […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanaian-banks-urged-to-shift-focus-as-rate-cuts-reshape-economy/

Politics

4 w. ago Fidelity Bank, MobileMoney Ltd and JUMO align to boost financial inclusion with launch of BoseaLoan

Fidelity Bank Ghana, in partnership with MobileMoney Limited and JUMO, a leading banking technology company, has officially launched BoseaLoan, a fast, flexible, and inclusive mobile loan product. This is a significant step toward expanding access to credit and deepening financial inclusion in Ghana. The tripartite partnership brings together the capital of a leading Ghanaian bank, […]

Economics