News Ghana Financial: US$4.8bn SME financing gap exposes Ghana’s credit challenge — A call for swift implementation of open banking, open finance reforms
Open banking, complemented by a broader open-finance architecture, can help Ghana address one of the fundamental problems behind the SME credit challenge: the information gap between businesses that need finance and financial institutions that must assess risk before providing it. It is tempting to view the US$4.8 billion financing gap purely as a capital shortage. That would be incomplete.
News Ghana Financial: BoG urges stronger collaboration to scale digital finance and SME access
The Bank of Ghana (BoG) has called for closer collaboration among stakeholders in the financial sector to build on Ghana’s growing digital finance ecosystem and expand access to financial services, particularly for small and medium-sized enterprises (SMEs).
News Ghana Financial: Digital Economy Forum launched to shape Ghana’s digital future
As Ghana’s digital economy expands at unprecedented speed, the Digital Economy Forum has been launched as a new long-term national platform to examine the technologies, policies and ideas that will ...
News Ghana Financial: Ghana cuts rates to lowest in 4 years while peers pause amid global uncertainty
At its second Monetary Policy Committee (MPC) meeting of the year, the Bank of Ghana reduced its benchmark policy rate by 150 basis points to 14 percent, the lowest level since October 2021.
News Ghana Financial: EPA emerges among Ghana’s most compliant public institutions – PFM League Table
The Environmental Protection Authority (EPA) under the leadership of Prof. Nana Ama Browne Klutse has secured a place among Ghana’s top-performing public institutions, emerging as one of the most compliant entities under the newly introduced Public Financial Management (PFM) Compliance League Table.
News Ghana Financial: Using Ghana card for all financial transactions will broaden tax net – Economist
Economist, Dr Patrick Asuming, says the usage of Ghana card for all financial transactions will help in widening the tax net.
News Ghana Financial: Licensed fishing vessels in Ghana unmasked as illegal Chinese fronts
An opaque network of Chinese control and ownership of many industrial fishing vessels operating in Ghanaian waters – in contravention of local laws.
News Ghana Financial: Bank transactions cannot be reduced to only Ghana Card IDs - Hassan Ayariga
Banks to accept only Ghana Card for transactions effective July 1, 2022 Only Ghana Card IDs accepted for SIM card re-registration Ghanaians call more time to roll out implementati ...
