Business
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Loans are cheaper, but manufacturers still struggle for credit — CEO of the AGI, Seth Twum-Akwaboah
The Chief Executive Officer (CEO) of the Association of Ghana Industries (AGI), Seth Twum-Akwaboah, has said the decline in lending rates in Ghana is yet to provide significant relief to manufacturer…
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Bank staff fraud drops 40% as cash theft remains major concern — Bank of Ghana
Latest data from the Bank of Ghana’s 2025 Fraud Report shows that the number of employees implicated in fraud across banks and Specialised Deposit-Taking Institutions (SDIs) declined by 40 percent, d…
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MTN Ghana supports SMEs with GHS150K in grants through business pitch competition
MTN Ghana has reinforced its commitment to supporting small and medium-sized enterprises (SMEs) by awarding GHS150,000 in grants to five outstanding businesses during its World MSME Day Business Pitc…
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Absa Bank Ghana commences operations from new Ridge headquarters
Absa Bank Ghana has commenced operations from its newly completed head office, Absa Place, located in Ridge, Accra, marking a new chapter in the bank’s corporate journey. In notifications sent to cus…
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Ghana Interbank Payment and Settlement Systems Limited presents GH¢14.58m dividend to BOG
The Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) has presented a dividend of GH¢14.58 million for the 2025 financial year to the Bank of Ghana, its sole shareholder. The dividend w…
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Ginger prices more than double as transport, housing offset food relief
Ghana’s June inflation data reveals an increasingly fragmented price environment, with easing costs for several staple food commodities offset by persistent inflationary pressures in transport, housi…
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Gov’t to establish laboratory at Suame Magazine to boost auto industry
The Head of Strategic Manufacturing at the Ministry of Trade, Agribusiness and Industry, Kwasi Ofori-Antwi, has disclosed plans by the government to establish an advanced laboratory at Suame Magazine…
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Local automotive industry employs over 1,500 people – Trade Ministry, Kwasi Ofori-Antwi
The Head of Strategic Manufacturing at the Ministry of Trade, Agribusiness and Industry, Kwasi Ofori-Antwi, has disclosed that Ghana’s automotive assembly industry currently provides direct employmen…
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Standard Chartered PLC explores sale of retail business in Ghana
Standard Chartered PLC has announced its intention to explore the sale of its Wealth and Retail Banking (WRB) business in Ghana. This is in line with the Group Strategy to regularly review its portfo…
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GHIB, AfDB sign trade finance transaction guarantee confirming bank agreement
Ghana International Bank Plc (GHIB) has announced the signing of a Confirming Bank Agreement with the African Development Bank Group (AfDB) under the Transaction Guarantee Instrument, marking an impo…