Many banks in Ghana now find themselves in a race of time to avoid new regulatory sanctions by reducing their non-performing loans ratios (NPLs) to below 10 percent of their …
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Banking & FinanceEconomyNationalTop Story
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The recent surge in global cocoa prices is expected to provide some relief for Ghanaian cocoa farmers, but many producers may still record lower overall incomes as declining harvests offset …
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Global cocoa prices rallied sharply after Ghana announced a significant reduction in its production outlook for the 2026/27 crop season, renewing concerns about tightening global supplies from the world’s second-largest …
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Banking & FinanceEconomyNationalNewsTop Story
BoG directs banks to cut NPLs to 10% by December this year
The Bank of Ghana (BoG) has directed banks and other regulated financial institutions to reduce their non-performing loan (NPL) ratios to 10 percent or below by December 2026, as it …
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Ghanaian exporters now have a fixed address in one of the world’s most influential cities, London, following the opening of the Ghana Trade House by the Ghana Export Promotion Authority …
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Banking & FinanceEconomyInvestmentsMoneyTop Story
Stanbic Bank becomes first bank in Ghana to offer direct Chinese Yuan settlement via CIPS
Stanbic Bank Ghana, a member of Standard Bank Group, has become the first bank in Ghana to offer clients direct access to the China Cross-Border Interbank Payment System (CIPS), following …
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The announcement by COCOBOD, Ghana’s cocoa sector regulator, that production for the impending crop seasons could drop significantly—by roughly 16 percent, down to between 450,000 and 550,000 metric tons, from …
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Banking & FinanceEconomyPensionsTop Story
BoG calls for stronger digital resilience in Africa’s pension systems
Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has urged African pension regulators to strengthen cyber security, data protection and digital resilience as technology transforms pension administration across …
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Banking & FinanceEconomyPensionsTop Story
BoG urges greater regulatory cooperation to safeguard financial stability
Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has called for stronger collaboration among financial regulators, saying no single institution can effectively manage the increasingly interconnected risks confronting …
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Banking & FinanceEconomyInvestmentsTop Story
T-Bill auction oversubscribed by 79% as investor demand remains strong
Investor appetite for Government of Ghana Treasury bills remained strong last week, with the latest auction attracting bids far above the government’s target despite a lower acceptance rate. Results released …
