3 strikes and you’re out: BoG’s new cheque rules that could change how you pay forever
The Bank of Ghana (BoG) has announced stringent new sanctions against customers who issue dud cheques, introducing escalating penalties that include a three-year ban on cheque issuance and restrictions on access to new credit facilities for repeat offenders. In a notice issued on June 24, the central bank expressed “grave concern” over the high incidence […]
Ghana Cedi surges 6% in two weeks amid BoG FX support
The Ghana cedi staged a strong recovery over the past two weeks, with year-to-date losses narrowing sharply to about 6% from nearly 11%. The local currency’s resurgence was driven by robust FX supply from the Bank of Ghana, which helped ease market pressures and dampen speculative demand that had weighed on the currency in recent […]
SEC sets Aug 31 deadline for online investment platform registration
The Securities and Exchange Commission (SEC) has directed market operators, fintech service providers, and persons operating online investment and trading platforms to complete their registration and licensing process with the regulator by August 31, 2026. This is part of efforts to strengthen investor protection and enhance oversight of digital investment activities in Ghana. The directive, […]
Emerging growth sectors left largely unbankable under conventional lending models – Fidelity Bank’s Atta Yeboah Gyan
… calls for greater use of patient capital and blended finance to support green technology, agriculture and creative industries Green technology, climate-smart agriculture and creative industries remain largely unbankable under conventional lending standards despite their potential to drive Ghana’s next phase of economic growth, Atta Yeboah Gyan, Deputy Managing Director for Operations and Support Functions […]
GHIB secures AfDB backing to boost African trade finance
The Ghana International Bank Plc (GHIB) has signed a Confirming Bank Agreement with the African Development Bank (AfDB) under the Transaction Guarantee Instrument. The move is expected to strengthen trade financing and support businesses engaged in cross-border commerce across Africa. The agreement will enhance GHIB’s ability to support importers, exporters and financial institutions, while helping […]
Companies risk GH¢2,000 penalty for failing to file annual returns by June 30
Companies that fail to file their annual returns together with their financial statements by June 30, 2026, risk penalties of up to GH¢2,000, the Office of the Registrar of Companies (ORC) has warned. In a final reminder issued on June 15, 2026, the ORC stated that there will be no extension beyond June 30, 2026 […]
GIPC awaits assent to new investment authority bill
The Ghana Investment Promotion Centre (GIPC) is awaiting presidential assent to the Ghana Investment Promotion Authority Bill, which will help strengthen the country’s investment promotion and regulatory framework. The bill, which was passed by Parliament on March 26, would transform the centre into a more modern, responsive and effective institution capable of supporting Ghana’s development […]
BoG positions digital innovation as key driver of economic growth
Dr Johnson Pandit Asiama, the Governor, Bank of Ghana (BoG), says digital innovation and financial technology will play a major role in Ghana’s economic transformation. He said innovation had become the engine of productivity, inclusion and sustainable growth in the global economy. Dr Asiama, who made the remarks during the 10th Ghana CEO Summit and Expo in Accra, noted that businesses that would thrive in the future were those […]
Ghana’s economy expands by 6.4% in Q1 of 2026, driven by Services and Mining
Ghana’s economy recorded a growth rate of 6.4 percent in the first quarter (Q1) of 2026, up slightly from 6.2 percent during the same period last year, according to the latest Gross Domestic Product (GDP) estimates released by the Ghana Statistical Service (GSS). The figures show that growth remained broad-based, with the non-oil economy expanding […]
Highlights from Our Exclusive El Clásico Watch Party
The Spain-Ghana Chamber of Commerce, in collaboration with La Liga and the Embassy of Spain in Ghana, hosted an exclusive El Clásico Watch Party on 10 May at the Residence of the Spanish Ambassador in Accra. The invitation-only event brought together members of the diplomatic corps, business leaders, chamber members, and football enthusiasts for an […]