Financial sector assets rise 23% as stability risks ease after debt shock

The Bank of Ghana (BoG) is advancing reforms that expand access to credit for businesses which lack traditional collateral as part of efforts to deepen financial inclusion and support economic growth, Second Deputy Governor ,Matilda Asante-Asiedu has said.

The Ghana Investment Promotion Authority (GIPA) and Ghana Union of Traders Association (GUTA) have outlined a collaborative roadmap to safeguard the informal retail sector, which is reserved exclusively for citizens under the GIPA Act, 2026 (Act 1117).

The country faces intensifying competition for mineral exploration investment from Côte d’Ivoire even as it consolidates its position as Africa’s largest gold producer and ranks sixth among the world’s leading producers following record output in 2025.

The Bank of Ghana (BoG) has inaugurated a five-member Non-Interest Financial Advisory Council (NIFAC) as it moves from developing a regulatory framework to implementing non-interest banking as a new segment of Ghana’s financial sector.

Telecel Ghana has announced a new loyalty rewards programme for Telecel Cash agents at a capacity-building forum to bolster agent participation and strengthen the foundation of Ghana’s digital financial ecosystem.

The Ghana Ports and Harbours Authority (GPHA) has announced a series of urgent operational measures to ease growing landside congestion at the Port of Tema.

Capital market operators say the Ghana Stock Exchange’s (GSE) current bull run offers the most favourable conditions in years to advance demutualisation and a possible self-listing of the Exchange, warning that this opportunity could be lost if the reform is deferred to a calmer market.

The Tax Justice Coalition Ghana is calling for comprehensive reforms to the tax exemptions regime, while urging government to close an estimated 81 percent corporate income tax (CIT) gap and strengthen compliance to improve domestic revenue mobilisation.