Bank lending is a major source of funding for businesses in Ghana. It helps pay for operational expenditure and investment in expansion of productive capacity. Therefore, it is important that there is ...

Ghana’s banks are pushing the government for better terms in restructuring their cocoa debt holdings, as part of negotiations where success is important for goals set for the country by the ...

The Bank of Ghana has cut its benchmark rate by a cumulative 1,450 basis points since its 2023 peak. Commercial bank lending rates have followed. For the traders, farmers and micro-entrepreneurs who ...

The Bank of Ghana says it has strategically rebalanced its gold reserves to strengthen the resilience and usability of the country’s international reserves.

According to reports from Reuters, a total of ¢15bn ($1.36bn) in cocoa bills and locally issued dollar denominated bonds – 5% of Ghana’s total domestic debt – is being targeted in recent restructure ...

Ghana rsquo;s economic landscape is entering a pivotal phase as domestic markets, public finance reforms, and global ...

Ghana’s licensed cocoa buyers owe banks as much as $750 million, the association that represents them said, leaving the financial sector starved of cash for bean purchases at a time when lenders are ...

Absa Bank Ghana has provided specialised asset finance to Engineers & Planners Company Limited (E&P) to procure an additional aircraft to support the company's mining operations across Africa.

ACCRA (Reuters) -Ghana's central bank on Friday raised its main interest rate by 100 basis points to 28%, saying the impact of the rate hike on consumer inflation will be reassessed before the next ...

Ghana has launched a new gold coin to help it manage money-market liquidity, while boosting domestic savings. The coin, made from gold mined in Africa’s biggest producer of the metal, has been refined ...

The Bank of Ghana (BoG) has proposed fresh regulatory measures for digital assets following an extensive internal review of Bitcoin (BTC), Tether (USDT) and other cryptocurrencies. On Aug. 16, the ...