28 h. ago Ghana’s Financial NGOs Push Bank of Ghana for Tiered Microfinance Oversight

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-financial-ngos-push-bank-of-ghana-for-tiered-microfinance-oversight/Financial NGOs have intensified calls for the Bank of Ghana to implement differentiated regulatory frameworks that align supervision intensity with institutional capacity, while maintaining current GHS 300,000 minimum capital requirements. The Ghana Association of Financial NGOs presented its case during the organization’s 8th Annual General Meeting, arguing that uniform regulatory approaches impose disproportionate compliance burdens […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-financial-ngos-push-bank-of-ghana-for-tiered-microfinance-oversight/

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4 d. 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/

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7 d. ago Ghana’s Dollar Pricing Ban Needs Teeth, Financial Executive Says

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-dollar-pricing-ban-needs-teeth-financial-executive-says/A prominent financial executive has criticized the Bank of Ghana’s renewed push against dollar pricing, arguing that without serious enforcement measures, the directive will fail like previous attempts. Bernard Osei Tutu, who leads Dusk Capital, told The High Street Journal that existing laws already prohibit businesses from pricing goods and services in U.S. dollars. The […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-dollar-pricing-ban-needs-teeth-financial-executive-says/

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3 w. ago World Bank Urges Ghana to Prioritize Jobs, Private Sector in Reform Push

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-urges-ghana-to-prioritize-jobs-private-sector-in-reform-push/Ghana must channel its structural reforms toward private sector growth and youth job creation, warns a new World Bank report. The ninth Ghana Economic Update stresses that with the working-age population set to surge, failure to generate productive employment risks squandering a major economic opportunity. “Unemployment and underemployment represent a potential powder keg,” said Deputy […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-urges-ghana-to-prioritize-jobs-private-sector-in-reform-push/

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3 w. 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/

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last month Banking Expert Challenges Ghana’s Central Bank Over Lending Rate Vision

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-expert-challenges-ghanas-central-bank-over-lending-rate-vision/Banking consultant Dr. Richmond Atuahene has issued a stark warning: the Bank of Ghana Governor’s push for lower lending rates will fail unless the government urgently clears massive debts owed to contractors and power producers. His critique targets Governor Dr. Johnson Asiama’s recent declaration that the era of high borrowing costs is over. Atuahene argues […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-expert-challenges-ghanas-central-bank-over-lending-rate-vision/

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