10 h. ago First National Bank calls for realistic retirement planning to secure financial freedom

Retirement is often imagined as a season of freedom, stability, and fulfilment. But according to Samuel Acquah, Chief Risk Officer at First National Bank, the lived reality for many Ghanaian retirees reveals a gap between expectation and experience, requiring a fresh approach to financial planning. Speaking on the theme Redefining Financial Freedom for Retirement, Mr Acquah said while Ghana’s Three-Tier Pension system exists to support workers in both formal and informal sectors, most individuals still rely on informal planning methods that fall short of ensuring adequate retirement income. Many pensioners, he noted, cite low salaries, limited financial knowledge, and poor access to information as barriers to effective preparation.

Politics

3 d. ago GCB Bank PLC launches Hajj Account to empower Ghanaian pilgrims

GCB Bank PLC has launched a Hajj Account to help Muslims in Ghana save and plan towards performing the annual pilgrimage to Mecca.

Politics

3 d. ago GCB Bank PLC launches Hajj Account to assist Ghanaian pilgrims

GCB Bank PLC has launched a Hajj Account to help Muslims in Ghana save and plan towards performing the annual pilgrimage to Mecca.

Politics

6 d. ago New AfDB Chief Faces Infrastructure Crisis and Climate Financing Challenges

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/new-afdb-chief-faces-infrastructure-crisis-and-climate-financing-challenges/The African Development Bank’s newly installed president confronts massive infrastructure gaps and capital shortfalls that threaten to undermine continental trade ambitions, according to financial analysts assessing Dr Sidi Ould Tah’s leadership priorities. Toma Imirhe, a financial analyst speaking on Tuesday’s Asaase Breakfast Show, outlined the scale of challenges facing Tah following his formal assumption of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/new-afdb-chief-faces-infrastructure-crisis-and-climate-financing-challenges/

Economics

1 week ago Visa and Zenith Bank Launch Innovative Fleet Solution to Empower Ghanaian Businesses

News Ghana, Latest Updates and Breaking News of Ghana, Prosper Kay, https://www.newsghana.com.gh/visa-and-zenith-bank-launch-innovative-fleet-solution-to-empower-ghanaian-businesses/Visa, a world leader in digital payments and Zenith Bank (Ghana) Ltd, a leading financial institution in Ghana, have announced their collaboration on a new Fleet Solution for corporate and enterprise customers. This innovative solution aims to digitize fleet and fuel expenses, providing enhanced visibility and accountability for businesses. Visa Commercial Fleet Solutions will enable […] News Ghana, Latest Updates and Breaking News of Ghana, Prosper Kay, https://www.newsghana.com.gh/visa-and-zenith-bank-launch-innovative-fleet-solution-to-empower-ghanaian-businesses/

Politics

1 week ago Couples urged to break money silence as families face debt spiral

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/couples-urged-to-break-money-silence-as-families-face-debt-spiral/Most Ghanaian families remain dangerously close to financial crisis, with banking experts warning that lack of open money conversations between spouses is driving households into expensive debt traps. Akweley Laryea, Head of Retail Banking at First National Bank, says many families could avoid emergency borrowing by discussing finances more openly and building shared financial plans […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/couples-urged-to-break-money-silence-as-families-face-debt-spiral/

Economics

2 w. ago Six Ghanaian Banks Face Capital Shortfall, May Need Mergers or State Aid

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/six-ghanaian-banks-face-capital-shortfall-may-need-mergers-or-state-aid/A new report from Fitch Ratings warns that six banks in Ghana may require extra support to meet upcoming capital rules. While most of the sector is on track to comply with regulations by the end of 2025, these lenders are struggling to raise sufficient capital from their own earnings. Two of the six are […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/six-ghanaian-banks-face-capital-shortfall-may-need-mergers-or-state-aid/

Politics

3 w. ago Businesses Must Strategize to Maximize Rate Cut Benefits, Urges IMANI

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/businesses-must-strategize-to-maximize-rate-cut-benefits-urges-imani/Ghanaian firms should move swiftly to capitalize on the Bank of Ghana’s recent monetary policy rate cut rather than passively await lower borrowing costs, economic think tank IMANI Africa advised in a new analysis. While cheaper credit is expected, businesses must proactively reshape financing strategies to thrive amid persistent economic volatility. Three strategic imperatives stand […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/businesses-must-strategize-to-maximize-rate-cut-benefits-urges-imani/

Politics

3 w. 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

3 w. 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

last month 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