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BoG cracks down on illegal lending apps exploiting consumers

The Bank of Ghana is intensifying its crackdown on illegal digital lending operations that exploit vulnerable consumers through abusive practices

Race to Single Inflation Digit Heats Up as Inflation Falls to 13.7% in June

Ghana’s year-on-year inflation rate declined sharply to 13.7% in June 2025, down from 18.4% in May, according to new data released by the Ghana Statistical Service (GSS)

Gov’t to unlock GH₵6bn in concessional loans for MSMEs

Government has announced plans to unlock GH₵6billion in concessional lending over the next two years to support micro, small and medium enterprises (MSMEs) across the country

Gov’t estimates $4 billion investment for full-scale implementation of 24-Hour Economy

The Government has projected to mobilise four billion US dollars in the next four years towards the full-scale implementation of the 24-Hour Economy programme

Chamber of Commerce empowers women, youth-led businesses in Central Region

The Ghana National Chamber of Commerce and Industry (GNCCI) held a one-day workshop to empower women and youth entrepreneurs under its Women and Youth Wing (GNCCI-WAY).

World Bank approves US$360m to support Ghana’s economic resilience  

The World Bank Board of Executive Directors has approved US$360 million in funding from the International Development Association (IDA) to support Ghana’s ongoing efforts to restore macroeconomic stability

Banks write off GH¢654m in bad loans as NPL ratio declines to 23.6% 

Banks operating in Ghana wrote off a total of GH¢654.2 million as bad debt during the first four months of 2025