6 d. ago Ghana’s Agriculture Faces US$5 Billion Credit Crisis Despite Economic Importance

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-agriculture-faces-us5-billion-credit-crisis-despite-economic-importance/Ghana’s agricultural sector employs nearly 30% of the population yet receives just 3.5% of total bank lending, highlighting a massive financing mismatch that threatens the country’s food security and economic growth. Despite agriculture’s vital role in GDP and export earnings, smallholder farmers and agribusinesses struggle with loans that don’t match farming realities. Current lending models […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-agriculture-faces-us5-billion-credit-crisis-despite-economic-importance/

Economics

6 d. ago South Africa Creates First G20 Panel on Global Wealth Disparity

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/south-africa-creates-first-g20-panel-on-global-wealth-disparity/President Cyril Ramaphosa unveiled a groundbreaking G20 taskforce Thursday aimed at tackling worldwide wealth inequality, marking the first time the group has formally addressed this mounting crisis. The six-expert panel, led by Nobel Prize-winning economist Joseph Stiglitz, will deliver recommendations to G20 leaders when they gather in Johannesburg this November. South Africa has leveraged its […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/south-africa-creates-first-g20-panel-on-global-wealth-disparity/

Politics

1 week ago Unguarded election year spending partly blamed for reoccurring economic crisis

A coalition of civil society organizations, the Economic Governance Platform, has partly blamed Ghana’s recurring economic crisis on unguarded spending during election years.

Politics

1 week ago EOCO Defends Vehicle Recovery Methods as Stolen Car Crisis Deepens

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/eoco-defends-vehicle-recovery-methods-as-stolen-car-crisis-deepens/Ghana’s Economic and Organised Crime Office has defended its vehicle interception operations against criticism of heavy-handed tactics, revealing that the country’s stolen vehicle problem extends far beyond initial estimates. Leo Anthony Siamah, head of legal and prosecution at EOCO, dismissed allegations that the agency operates “rambo-style” by randomly stopping cars during anti-theft operations. He explained […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/eoco-defends-vehicle-recovery-methods-as-stolen-car-crisis-deepens/

Events

2 w. ago Ghana’s Inflation Crisis Pushed 800,000 into Poverty, World Bank Finds

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-inflation-crisis-pushed-800000-into-poverty-world-bank-finds/Skyrocketing inflation during Ghana’s recent economic crisis pushed over 800,000 citizens below the poverty line, a new World Bank report reveals. Households across the nation struggled as the cost of food, transport, and other essentials surged, rapidly eroding fragile incomes. The situation became so dire that even earning $3 a day wasn’t enough for many […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-inflation-crisis-pushed-800000-into-poverty-world-bank-finds/

Events

3 w. ago Ghana’s Growth Masks Job Crisis as Economy Relies on Spending, Not Factories

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-growth-masks-job-crisis-as-economy-relies-on-spending-not-factories/Ghana’s economy shows steady growth, but a heavy dependence on consumer spending fueled by oil revenues is failing to create quality jobs, a new World Bank report reveals. The 9th Ghana Economic Update warns this consumption-led model is stifling the structural transformation needed for broad-based prosperity. Oil windfalls and favorable global prices for cocoa, gold, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-growth-masks-job-crisis-as-economy-relies-on-spending-not-factories/

Events