14 h. ago SMEs Find Foreign Banks Cheaper for Loans, But Local Lenders Win on 3

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/smes-find-foreign-banks-cheaper-for-loans-but-local-lenders-win-on-3-year-deals/Ghanaian small businesses hunting for affordable credit face a complex choice: foreign-owned banks offer marginally lower rates overall, but local rivals win on key loan terms. New Bank of Ghana data reveals foreign lenders averaged 33.93% APR for 1-year SME loans 0.83 points below locals and a stark 7-point gap favoring foreigners at 5 years […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/smes-find-foreign-banks-cheaper-for-loans-but-local-lenders-win-on-3-year-deals/

Politics

19 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

27 h. ago BoG urges financial institutions to maintain a robust credit risk management framework

It continued that RFIs with NPL ratios exceeding the prudential limit shall, from 1st January 2027, be restricted from the payment of dividends and bonuses, as well as growing their loan portfolio lending to related parties and sectors of the RFI’s credit portfolio with NPL ratios above the prudential limit etc., except for cash-backed facilities.

Politics

36 h. ago BoG targets credit risk, liquidity and reserve requirements of banks in new regulatory measures

Dr. Johnson Asiama said the credit and risk governance measures will ensure that the commercial banks will be aligned with the Basel principles. This will set minimum standards for underwriting, monitoring, and provisioning.

Events

58 h. ago Vision FC coach Nana Agyemang praises GFA’s financial intervention for clubs

Vision FC boss Nana Agyemang has commended the Ghana Football Association (GFA) for its recent financial intervention, which seeks to provide every Ghana Premier League club with one million cedis.

Sport

3 d. ago ‘God sent you to show me unconditional love’ – Davido tells wife Chioma

Afrobeats superstar David Adeleke, popularly known as Davido, delivered an emotional vow to his wife, Chioma Adeleke, during their white wedding ceremony in Miami.

Politics

3 d. ago Davido Honors Late Son with Custom Cufflinks at Miami Wedding

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/davido-honors-late-son-with-custom-cufflinks-at-miami-wedding/Afrobeats star Davido paid a quiet homage to his deceased son, Ifeanyi Adeleke, during his lavish Miami wedding to Chioma Rowland on Sunday. The singer wore custom-made cufflinks featuring Ifeanyi’s image a deeply personal tribute shared via his Instagram story amid the celebrations. The white ceremony followed their 2023 traditional Nigerian wedding, drawing high-profile guests […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/davido-honors-late-son-with-custom-cufflinks-at-miami-wedding/

Politics

3 d. ago International Dance Artist Marianna Minasova in Ghana for Groundbreaking Production of “Death and the King’s Horseman”

News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/international-dance-artist-marianna-minasova-in-ghana-for-groundbreaking-production-of-death-and-the-kings-horseman/Celebrated Copenhagen-based dance artist and choreographer Marianna Minasova has landed in Ghana with a purposeful mission: to bring her distinct artistic vision to the highly anticipated staging of Wole Soyinka’s iconic play Death and the King’s Horseman. Minasova stars as the pivotal character Mrs. Jane Pilkins, seamlessly embodying the British colonial presence in this powerful […] News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/international-dance-artist-marianna-minasova-in-ghana-for-groundbreaking-production-of-death-and-the-kings-horseman/

Events

4 d. ago ‘Your vision for the nation cut short’ – Defence Ministry mourns Omane Boamah

The Ministry of Defence has paid a moving tribute to the late Minister for Defence, Dr Edward Omane Boamah, describing his death as a grievous blow to the nation and the loss of a true statesman.

Politics

5 d. ago Davido Inks Chioma’s Name in Permanent Tribute Ahead of Miami Wedding

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/davido-inks-chiomas-name-in-permanent-tribute-ahead-of-miami-wedding/Afrobeat superstar Davido has unveiled a new tattoo bearing wife Chioma Rowland’s name, a deeply personal gesture ahead of their lavish Miami wedding. The inking was revealed during their pre-wedding photoshoot, captured in an Instagram video by logistics manager Israel DMW. Davido proudly displayed the permanent tribute on his body, symbolizing their tumultuous journey from […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/davido-inks-chiomas-name-in-permanent-tribute-ahead-of-miami-wedding/

Politics

5 d. ago Ghana Garment Makers Celebrate Financial Training Milestone with GIZ

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-garment-makers-celebrate-financial-training-milestone-with-giz/Over 700 members of the Ghana National Association of Garment Makers (GNAGM) received certificates today after completing a financial management program backed by Germany’s GIZ. The training, part of a broader initiative across 13 trade associations, equipped 2,909 micro and small business owners with skills in bookkeeping, risk management, and credit access. Held at CSIR’s […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-garment-makers-celebrate-financial-training-milestone-with-giz/

Politics

5 d. ago GES calls for stakeholders’ approach to purge schools of immorality and violence

The Ghana Education Service has called for a stakeholders’ approach towards purging immorality and violence in school communities, especially second cycle schools. The Acting Deputy Director General of the Ghana Education Service, Prof Smile Gavua Dzisi, said that while her outfit takes measures to sanction perpetrators of unlawful acts, teachers and school managers have bigger […]

Events

6 d. ago 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/

Politics

6 d. ago Credit bureau database: banks conducted highest number of enquiries

According to the Bank of Ghana, it is mandatory for financial institutions under Section 26 of the Credit Reporting Act, 2007 (Act 726), to conduct credit searches on prospective borrowers before approving or denying credit facilities.

Politics

6 d. ago Database searches of credit bureaus increased by 114% in 2024 – BoG

During the year under review, the report said 55% of searches conducted by financial institutions and authorised users on the database of credit bureaus were conducted on individual borrowers. About 44% were also conducted to assess the creditworthiness of digital loan customers.

Politics

6 d. ago Credit Reference Bureau enquiries surge in 2024 as banks lead the charge

Searches and enquiries made by financial institutions and authorised users on the databases of credit reference bureaus saw a significant jump in 2024, according to the Bank of Ghana’s newly released Credit Reporting Activity report.

Politics

6 d. ago Kumasi ,Takoradi ,Accra gear up for SK Frimpong’s Dynamic Praise Concert 2025

News Ghana, Latest Updates and Breaking News of Ghana, Ike Dzokpo, https://www.newsghana.com.gh/kumasi-takoradi-accra-gear-up-for-sk-frimpongs-dynamic-praise-concert-2025/  Renowned gospel minister SK Frimpong is set to take this year’s Dynamic Praise Worship Concert to new heights by expanding the event to three major regions in Ghana under the powerful theme, “OVERFLOW.” This year’s edition promises to be bigger, reaching a wider audience and bringing the gospel closer to believers across the country. […] News Ghana, Latest Updates and Breaking News of Ghana, Ike Dzokpo, https://www.newsghana.com.gh/kumasi-takoradi-accra-gear-up-for-sk-frimpongs-dynamic-praise-concert-2025/

Politics

6 d. ago Issuance of dud cheques decreased by 15.19% in 2024 – BoG report

The Bank of Ghana (BoG) Credit Reporting for 2024 has shown a reduction in the issuance of dud cheques. A dud cheque is a cheque that a bank or financial institution refuses to honor because the account holder does not have enough money to cover the cheque’s value. It is a criminal offense under the […]

Politics

6 d. ago Shallipopi Curates Workwear Line with BoohooMAN, Merging Afrobeats and Street Style

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/shallipopi-curates-workwear-line-with-boohooman-merging-afrobeats-and-street-style/Nigerian Afrobeats sensation Shallipopi is set to launch a 96-piece workwear collection with global fashion giant BoohooMAN on August 21. The collaboration, blending utility aesthetics with the artist’s bold style, features vintage washes, relaxed silhouettes, and a muted palette of browns, khaki, and ecru. Key items include denim sets, layered jerseys, and graphic tees—mirroring Shallipopi’s […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/shallipopi-curates-workwear-line-with-boohooman-merging-afrobeats-and-street-style/

Politics

6 d. ago Spokesman Touts Agyapong as Top NPP Contender in Heated Flagbearer Race

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/spokesman-touts-agyapong-as-top-npp-contender-in-heated-flagbearer-race/Paul Abdul Rahman Issah Dowuona, campaign spokesperson for New Patriotic Party (NPP) presidential hopeful Kwabena Agyepong, declared his candidate the party’s “most qualified” contender during a Thursday television interview. Dowuona framed Agyepong’s integrity and policy vision as unmatched against rivals Dr. Mahamudu Bawumia and Kennedy Agyapong. “The contest is between these three,” Dowuona stated on […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/spokesman-touts-agyapong-as-top-npp-contender-in-heated-flagbearer-race/

Politics