43 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

48 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

64 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

5 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

9 d. ago Soteria Ntim Adu Champions African Wellness from Manchester MBA

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/soteria-ntim-adu-champions-african-wellness-from-manchester-mba/Balancing the demands of a world-class MBA and an expanding wellness company may seem daunting, but for Ghanaian entrepreneur Soteria Ntim Adu, it’s all part of the mission. Now based in the UK as a Forté Fellow at Alliance Manchester Business School, Soteria is harnessing both academic and entrepreneurial insight to elevate The Weight Goals […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/soteria-ntim-adu-champions-african-wellness-from-manchester-mba/

Sport

1 week ago God’s calling has been on me since childhood – Victoria Lebene

Ghanaian actress and entrepreneur, Victoria Lebene Osafo-Nkansah, who has now embraced her calling as a woman of God, reveals that her spiritual journey began long before she stepped into the spotlight.

Politics

1 week ago My husband inspired me to start a food business – Victoria Lebene

Ghanaian actress and entrepreneur, Victoria Lebene Osafo-Nkansah, has revealed the inspiration behind her fast-growing food brand, Vicky’s Recipe.

Politics

1 week 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

1 week ago Entrepreneurs are the lifeblood of Ghana’s progress – Julius Debrah

The Chief of Staff, Julius Debrah, has lauded Ghanaian entrepreneurs for their resilience and critical role in driving national development.

Events

4 w. ago Businessman Ernest Ofori Sarpong donates laptops to support UG’s ‘One Student, One Laptop’ Initiative

Dr. Ernest Ofori Sarpong Donates Laptops to Support UG’s ‘One Student, One Laptop’ InitiativeRenowned Ghanaian entrepreneur and philanthropist, Dr. Ernest Ofori Sarpong, has demonstrated his continued commitment to education by donating 20 brand-new laptops to support the University of Ghana’s ‘One Student, One Laptop’ initiative. The laptops were presented during a brief ceremony at the […]

Politics