3 h. ago South Africa’s auto sector hit by job losses and company closures

Low domestic sales of locally made cars, an influx of imports and low levels of local content have led to 12 company closures and over 4,000 job losses in the South African motor industry over two years, the trade minister said on Wednesday.

Events

9 h. ago Ghana Sets 2025 Deadline for Landmark Islamic Finance Framework

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-sets-2025-deadline-for-landmark-islamic-finance-framework/Ghana is accelerating plans to become West Africa’s Islamic finance hub with comprehensive regulations for banking, insurance, and capital markets due by year-end 2025. Professor John Gartchie Gatsi, adviser to the Bank of Ghana, confirmed the joint framework developed by the central bank, Securities and Exchange Commission, and National Insurance Commission will cover non-interest banking, Sukuk bonds, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-sets-2025-deadline-for-landmark-islamic-finance-framework/

Events

10 h. ago Shell’s South Africa Drilling Faces Court Test Amid Energy Security Push

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/shells-south-africa-drilling-faces-court-test-amid-energy-security-push/A legal challenge now threatens Shell’s plans to explore for oil and gas off South Africa’s west coast, even as the country grapples with severe energy import dependence. Environmental groups and coastal communities have lodged a court appeal against the environmental authorization granted to Shell, permitting it to drill up to five deepwater wells in […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/shells-south-africa-drilling-faces-court-test-amid-energy-security-push/

Events

16 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

16 h. ago Money Expo India Returns to Mumbai as Finance Hub Accelerates

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/money-expo-india-returns-to-mumbai-as-finance-hub-accelerates/Mumbai prepares to host the fourth Money Expo India on 23–24 August 2025, cementing its status as the country’s premier finance and investment gathering. The event at Jio World Convention Centre will convene over 10,000 attendees, 100+ exhibitors, and 80+ speakers spanning brokerage, fintech, crypto, and regulatory sectors. Now a cornerstone of India’s financial calendar, […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/money-expo-india-returns-to-mumbai-as-finance-hub-accelerates/

Economics

26 h. ago US deficit grows to $291bn in July despite tariff revenue surge

 The U.S. government's budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President Donald Trump's tariffs, with outlays growing faster than receipts, the Treasury Department said on Tuesday.

Politics

30 h. ago African Leaders Demand Inclusive Governance at Continental Summit

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/african-leaders-demand-inclusive-governance-at-continental-summit/Political representatives from over 30 countries convened in Accra this week for the African Political Parties Summit, issuing a unified call for transformative inclusion in governance. The three-day gathering, which opened Tuesday, focused on redefining political parties to drive regional integration and equitable development. South Africa’s Special Envoy Jeff Radebe delivered a blistering critique of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/african-leaders-demand-inclusive-governance-at-continental-summit/

Politics

34 h. ago EU Grant Powers Digital Skills Revolution at Bolgatanga Technical University

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/eu-grant-powers-digital-skills-revolution-at-bolgatanga-technical-university/Bolgatanga Technical University has secured a €100,000 European Union grant to launch a pioneering digital skills initiative aimed at boosting graduate employability. The 30-month project, backed by the UN Capital Development Fund under the EU-Ghana Pact for Skills, will establish an Integrated Digital Skills and Employability Hub on campus. Starting this year, the hub will […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/eu-grant-powers-digital-skills-revolution-at-bolgatanga-technical-university/

Events

39 h. ago Funny Boy Innit: South African comedy stars billed for Lekzy’s upcoming show

Ghanaian comedian Lekzy DeComic will headline a major comedy event, “Funny Boy Innit” (FBI), on Saturday, 27th September 2025 at the UPSA Auditorium in Accra, featuring two of South Africa’s biggest comedy names, Chris Mapane and KG Mokgadi.

Politics

41 h. ago ANC’s Failure Fuels South Africa’s Xenophobia Crisis, Analysts Warn

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ancs-failure-fuels-south-africas-xenophobia-crisis-analysts-warn/South Africa’s recurring xenophobic violence stems not from inherent malice among its poor, but from decades of systemic governance failure and deepening inequality under ANC leadership, political economists argue. With unemployment exceeding 30%, a Gini coefficient of 0.63 ranking among the world’s highest, and a quarter of citizens in extreme poverty, the conditions for explosive […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ancs-failure-fuels-south-africas-xenophobia-crisis-analysts-warn/

Events

43 h. ago South Africa’s healthcare xenophobia crisis ‘A drop in the ocean’ – MSF

Doctors Without Borders (MSF) has raised alarm over what it describes as growing and strategic xenophobic blockages preventing both South Africans and foreign nationals from accessing healthcare services. Communication Specialist for MSF, Jane Rabothata, said their recent assessment revealed that more than half of the 15 health facilities visited in and around Johannesburg were blocking […]

Events

48 h. ago Apple Music Announces Dee Koala as August’s Featured Artist For Rap Life Africa

News Ghana, Latest Updates and Breaking News of Ghana, Osafo Daniel, https://www.newsghana.com.gh/apple-music-announces-dee-koala-as-augusts-featured-artist-for-rap-life-africa/Apple Music’s Rap Life Radio, presented by Global Editorial Head of Hip-Hop and R&B, Ebro Darden, will feature enigmatic South African rap songstress Dee Koala this month, as Ebro and Africa Now Radio host, Nandi Madida, chat about her highly anticipated sophomore album, iiNtsikelelo. Meaning “blessings” in isiXhosa, iiNtsikelelo is a raw, deeply personal journey […] News Ghana, Latest Updates and Breaking News of Ghana, Osafo Daniel, https://www.newsghana.com.gh/apple-music-announces-dee-koala-as-augusts-featured-artist-for-rap-life-africa/

Culture

48 h. ago Ghana Turns to Gold in Bid to Stabilise Economy, Central Bank Says

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/The Bank of Ghana is leveraging its domestic gold resources as a cornerstone strategy to rebuild foreign reserves, stabilise the cedi, and restore investor confidence following the nation’s exclusion from international capital markets during its recent debt crisis. First Deputy Governor Dr. Zakari Mumuni outlined the central bank’s approach, calling it critical for hedging sovereign […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-turns-to-gold-in-bid-to-stabilise-economy-central-bank-says/

Politics

53 h. ago Now, Africa Should Balance Afrocentrism with Global South Alliance

News Ghana, Latest Updates and Breaking News of Ghana, Hashim Yussuf Amao, https://www.newsghana.com.gh/now-africa-should-balance-afrocentrism-with-global-south-alliance/While having a chat with a colleague recently, I told him that the non-aligned movement in this age is not just outdated; it is tactically naive and diplomatically dangerous. I mean, standing in the middle in this rapidly shifting chessboard of global politics is no longer a position of wisdom but weakness. And if Africa […] News Ghana, Latest Updates and Breaking News of Ghana, Hashim Yussuf Amao, https://www.newsghana.com.gh/now-africa-should-balance-afrocentrism-with-global-south-alliance/

Politics

57 h. 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/

Politics

59 h. ago Helicopter crash: Seeking forensic support from South Africa was for reaffirmation, says Benjamin Quashie

The National Democratic Congress (NDC) Council of Elders Chair for South Africa, Mr Benjamin Quashie, has addressed the controversy over Ghana’s decision to seek forensic investigations in South Africa to identify the remains of the eight victims of the military helicopter crash at Adansi Akrofuom, whose bodies were burnt beyond recognition.

Events

60 h. ago Ghana’s Central Bank Pushes Commodities as Economic Lifeline

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-pushes-commodities-as-economic-lifeline/First Deputy Governor of the Bank of Ghana, Dr. Zakari Mumuni, has declared commodities essential for Ghana’s economic future. Speaking at Africa’s CNVERGE 2025 summit in Accra, he urged strategic shifts to transform raw materials into tools for stability and growth. “Commodities are no longer just exports,” he stated. “They’re assets to build resilience, unlock […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-pushes-commodities-as-economic-lifeline/

Politics

60 h. ago Ghana’s Central Bank Eyes Further Rate Cut as Inflation Eases

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-eyes-further-rate-cut-as-inflation-eases/Ghana’s disinflation trend has strengthened the case for another policy rate reduction when the Bank of Ghana’s Monetary Policy Committee (MPC) meets in September. July’s headline inflation fell to 12.1% a near four-year low satisfying the MPC’s precondition for additional easing after July’s 300-basis-point cut to 25%. Most committee members had signaled willingness to lower […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-eyes-further-rate-cut-as-inflation-eases/

Politics

64 h. ago ‘Let us not forget the power of God’ – Bagbin urges faith amid grief

Founder of the OKB Hope Foundation and passionate health advocate, Osei Kwadwo Boateng, has been named one of the winners of the 2025 Global Citizen Waislitz Awards, taking home the $100,000 Waislitz Choice Award.

Politics

68 h. ago Ghana’s Poultry Industry Urges National Rescue Plan Amid Import Crisis

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-poultry-industry-urges-national-rescue-plan-amid-import-crisis/Ghana’s poultry sector faces collapse under the weight of 400,000 metric tonnes of annual imports, primarily from the EU, Brazil, and the US. Domestic producers are being squeezed out despite local demand, mirroring South Africa’s past crisis—until it implemented a transformative Poultry Sector Master Plan (PSMP) in 2019. Industry stakeholders now urge Ghana to adopt […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-poultry-industry-urges-national-rescue-plan-amid-import-crisis/

Events