Rising debt defaults are placing growing pressure on businesses across the country, with unpaid loans and trade debts straining cash flow, weakening balance sheets and contributing to the collapse of some financial institutions, according to debt-recovery firm Rosik Consults Limited.
Deputy Minister for Finance, Thomas Nyarko Ampem, has called for urgent reforms to political financing across Africa, warning that the growing influence of money in politics is undermining democratic integrity, excluding capable leaders, and weakening public trust in democratic institutions.
Government’s ‘Nkoko Nkitinkiti’ programme will fail to achieve its goal of reducing chicken imports if major implementation challenges are not addressed.
The Bank of Ghana (BoG) has revoked the Dedicated Electronic Money Issuer (DEMI) licence of Zeepay Ghana Ltd, effective July 14, 2026, citing multiple regulatory breaches and the company's persistent failure to comply with regulatory directives.
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