The Ghana Cocoa Board (COCOBOD) has issued a strong warning to Licensed Buying Companies (LBCs) against purchasing cocoa beans from farmers on credit, cautioning that companies that continue the practice …
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CommodityEconomyNewsSMEsTop Story
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Ghana’s economic activity grew by 5.1 percent year-on-year in May 2026, according to the latest Monthly Indicator of Economic Growth (MIEG) released by the Ghana Statistical Service (GSS), with the …
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Banking & FinanceInvestmentsMoneyNewsTop StoryTrade
Stanbic Bank Yuan gateway opens new chapter for Ghana-China trade
Stanbic Bank Ghana has become the first bank in Ghana to offer customers direct renminbi (RMB) – otherwise known as Chinese yuan – settlement through China’s Cross-Border Interbank Payment System …
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EconomyNationalTop StoryTourism
Ghana loses US$490m in tourism earnings despite rise in visitor arrivals
Ghana’s tourism sector recorded a surprising decline in international tourism earnings in 2025, losing an estimated US$490 million in receipts even as the country welcomed more visitors than it did …
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Banking & FinanceEconomySMEsTop Story
BoG Governor urges banks to expand SME lending as macroeconomic conditions improve
Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has called on banks to deepen support for small and medium-sized enterprises (SMEs), particularly those operating within agricultural value …
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Banking & FinanceEconomyNationalTop Story
Wave of mergers expected as BoG examines community banks transition plans
Individual declarations as to their recapitalization or merger plans by Ghana’s community banks – which recently transitioned from rural and community banks following a directive by the Bank of Ghana …
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Government turns to agriculture, manufacturing and agro-processing to reduce gold dependence Ghana is intensifying efforts to expand its non-traditional export sector as part of a broader strategy to reduce the …
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Banking & FinanceEconomyExtractivesInvestmentsTop Story
Gold dependence raises fresh export diversification concerns
Ghana’s growing dependence on gold for export earnings has renewed concerns about the vulnerability of the economy to swings in international commodity prices, with the International Monetary Fund (IMF) warning …
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The Government of Ghana is redoubling its efforts to diversify the country’s export earnings away from an increasingly inordinate over-reliance on gold, following the warning from the International Monetary Fund …
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Banking & FinanceInvestmentsNewsTop Story
SIMS collective investment schemes deliver strong 2025 performance; AUM surpasses GH¢2.5bn
Stanbic Investment Management Services (SIMS) has reported strong performance across its Collective Investment Schemes for the 2025 financial year, with total assets under management exceeding a combined GH¢2.5 billion. This …
