2 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

10 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

18 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

23 h. ago Shalimar Abbiusi donates over $9K to empower 150 women in Edo State

Belgian philanthropist and human rights advocate Shalimar Abbiusi has donated $9,800 to support 150 women in Etsako West Local Government Area of Edo State.

Politics

47 h. ago Ethiopian Airlines Secures Key Funding for Continent’s Largest Airport

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ethiopian-airlines-secures-key-funding-for-continents-largest-airport/Ethiopian Airlines Group and the African Development Bank have formalized a major financing agreement for Africa’s most ambitious aviation project. The deal, signed in Addis Ababa, designates the Bank as lead arranger for a $500 million loan to develop a new mega-airport in Bishoftu, 40 kilometers south of Ethiopia’s capital. The greenfield facility will initially […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ethiopian-airlines-secures-key-funding-for-continents-largest-airport/

Politics

49 h. ago Afriyie Ankrah warns defiant prophets of public backlash over prophecy directive

Presidential Envoy for Interfaith and Ecumenical Relations, Elvis Afriyie Ankrah, has cautioned prophets and spiritual leaders that those who ignore the newly issued national directive on the handling of prophecies will be subjected to public scrutiny and judgment.

Events

55 h. ago Ghana Christian Council Seeks Clarity on Prophecy Rules After Gov’t Directive

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-christian-council-seeks-clarity-on-prophecy-rules-after-govt-directive/Ghana’s Christian Council has formally requested a meeting with the Presidency to discuss new protocols requiring prophets to share sensitive revelations about national figures with authorities first. The move follows a directive issued by Presidential Envoy Elvis Afriyie Ankrah last week, which the Council acknowledges amid ongoing national mourning after a helicopter crash killed eight. […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-christian-council-seeks-clarity-on-prophecy-rules-after-govt-directive/

Politics

67 h. ago Jerry Afriyie in Belgium ahead of loan move to Belgian side La Louviere

Afriyie is expected to join the newly promoted club for the new campaign, with a possible option to extend his stay at the club.

Politics

69 h. ago Afriyie Ankrah: Reviewing prophecies is Biblical, Not a threat to religious freedom

Presidential Envoy for Interfaith and Ecumenical Relations, Elvis Afriyie Ankrah, has defended government’s call for religious leaders to submit sensitive prophecies that concerns the nation and its top officials for review before making them public, insisting the practice is firmly rooted in biblical teaching. Speaking on JoyNews’ AM Show on Monday, August 11, Mr Afriyie […]

Events

69 h. ago Reviewing prophecies is Biblical, not a threat to religious freedom – Afriyie Ankrah

Presidential Envoy for Interfaith and Ecumenical Relations, Elvis Afriyie Ankrah, has defended government’s call for religious leaders to submit sensitive prophecies that concerns the nation and its top officials for review before making them public, insisting the practice is firmly rooted in biblical teaching. Speaking on JoyNews’ AM Show on Monday, August 11, Mr Afriyie […]

Events

69 h. ago Presidential Envoy clarifies call for religious leaders to share sensitive prophecies

Presidential Envoy for Interfaith and Ecumenical Relations, Elvis Afriyie Ankrah, has explained why his office is urging religious leaders to formally share certain prophecies with national authorities before making them public.

Politics

3 d. ago Daniel Afriyie Barnieh scores in third consecutive league game

Barnieh scored the opening goal of the game as his side picked up a 2-0 home win over Xamax in the Swiss Challenge League.

Sport

3 d. ago Mahama Moves to Vet Public Prophecies After National Tragedy

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/mahama-moves-to-vet-public-prophecies-after-national-tragedy/President John Mahama has endorsed new measures requiring religious leaders to submit prophecies with “national significance” for government review before public declaration. The directive, announced Sunday by Presidential Envoy for Interfaith Relations Elvis Afriyie Ankrah, specifically targets forecasts involving political leaders, governance, security, or public stability. The move follows last week’s helicopter crash that killed […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/mahama-moves-to-vet-public-prophecies-after-national-tragedy/

Politics

3 d. ago Ghana Pushes for Fairer Mobile Loan Rates as Borrowers Feel the Pinch

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-for-fairer-mobile-loan-rates-as-borrowers-feel-the-pinch/Ghana’s booming mobile money loan sector faces calls to overhaul its one-size-fits-all interest model. Financial experts and consumer advocates demand tiered pricing, arguing prompt repayers deserve lower rates while high-risk borrowers pay more. Currently, providers charge uniform interest regardless of repayment history, punishing reliable customers alongside serial defaulters. With mobile money accounts surging from 13 […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-for-fairer-mobile-loan-rates-as-borrowers-feel-the-pinch/

Politics

3 d. ago Young Defender Aidoo Joins Pergolettese on Loan from Inter Milan

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/young-defender-aidoo-joins-pergolettese-on-loan-from-inter-milan/Italian-born Ghanaian defender Mike Aidoo has secured a season-long loan move to Serie C club US Pergolettese from Inter Milan. The 20-year-old full-back, who joined Inter’s academy from Chievo Verona in 2021, will spend the 2025/26 campaign gaining senior experience in Italy’s third tier. Pergolettese hailed Aidoo as “a player with strong potential,” highlighting his […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/young-defender-aidoo-joins-pergolettese-on-loan-from-inter-milan/

Politics

5 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

9 d. ago Court awards Blue Rose over US$1.1m following breach of housing loan deal by Shelter Afrique

The Commercial Division of the Accra High Court has awarded damages in excess of US$1.1 million to Ghanaian real estate developer Blue Rose Limited, following a failed housing finance agreement with The Company for Habitat and Housing in Africa, otherwise called Shelter Afrique. The court, presided over by Justice Samuel Djanie Kotey, held that Shelter Afrique’s failure to disburse a contracted loan facility, despite Blue Rose Ltd.'s full compliance with all agreed conditions, constituted a breach of contract.

Economics

9 d. ago No syndicated loan needed for 2025/26 cocoa season – COCOBOD

The Ghana Cocoa Board (COCOBOD) has announced that it will not pursue a syndicated loan to finance cocoa purchases for the 2025/2026 crop season, attributing the decision to the ongoing global shortage of cocoa beans.

Politics

9 d. ago SLTF disburses over GHS67m in teacher trainee allowances to over 30,000 students

The Students Loan Trust Fund (SLTF) has confirmed receipt of GH₵ 67,671,080 from the Ghana Tertiary Education Commission, earmarked for the non-feeding component of teacher trainee allowances covering five months. The funds are intended for students enrolled in 47 public Colleges of Education across the country.

Society

9 d. ago Ghana Policy Rate Cut Signals Potential Loan Relief Amid Economic Shifts

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-policy-rate-cut-signals-potential-loan-relief-amid-economic-shifts/The Bank of Ghana’s 300-basis-point reduction of the Monetary Policy Rate (MPR) to 25% signals potential relief for borrowers, though its real-world impact hinges on complex financial linkages. Analysts confirm the cut—driven by falling inflation (13.7% in June, nearing the 11.9% year-end target)—should gradually lower borrowing costs, but caution that transmission faces delays due to […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-policy-rate-cut-signals-potential-loan-relief-amid-economic-shifts/

Economics