Day: August 13, 2025

Bank of Ghana Approves Partnership to Assist Ghanaians Abroad in Building Credit History

Accra: The Bank of Ghana has approved a new partnership between local credit reporting agency XDS Data (Ghana) Ltd and US-based Nova Credit Inc. The collaboration was announced by the central bank in its Credit Reporting report for the year 2024. According to Ghana News Agency, this partnership aims to tackle the ‘credit invisibility’ issue faced by Ghanaians living abroad, who often find it challenging to access essential financial services due to a lack of recognized credit history in their new countries. This initiative will allow Ghanaians residing in nations such as the United States, Canada, the United Kingdom, and

Continue Reading

Bank of Ghana Approves Credit Scoring to Strengthen Ghana’s Financial Sector

Accra: The Bank of Ghana has given its approval for credit bureaus to begin implementing credit scoring in the country, a move aimed at enhancing responsible lending and strengthening the national credit infrastructure. This development follows significant improvements in Ghana’s credit reporting system, including the availability of high-quality historical data. According to Ghana News Agency, the decision to approve credit scoring is expected to bring several key benefits. The Bank of Ghana stated that the new regime will “significantly improve lending efficiency, lower default rates, and unlock credit for underserved populations who may lack collateral but demonstrate responsible borrowing behaviour.”

Continue Reading

Ahukwa, Suhenso Cocoa Farmers Reject New Producer Price

Ahukwa: Some cocoa farmers from Ahukwa and Suhenso in the Wiawso Municipality of the Western North Region have rejected the recently announced producer price of cocoa, describing it as woefully inadequate. According to Ghana News Agency, during a media engagement, Mr. Isaac Gyasi, leader of the farmers’ group, stated that the new price felt like a betrayal from the government, especially considering previous promises made to cocoa farmers. Mr. Gyasi emphasized that the current price structure does not align with the rising costs involved in cocoa production. “The price is unacceptable because to hire a laborer for just a day

Continue Reading

Stratcomm Africa Unveils Dates for 13th Ghana Garden and Flower Show

Accra: The Strategic Communications Africa Limited (Stratcomm Africa) has announced the 13th edition of the Ghana Garden and Flower Show, scheduled for September 20-28, 2025, at the Efua Sutherland Children’s Park in Accra. This year’s show, themed ‘Urban Places, Green Spaces,’ addresses the urgent need to transform Ghana’s urban environments into sustainable and opportunity-rich ecosystems. According to Ghana News Agency, the theme highlights the importance of green infrastructure in fostering healthier and more resilient urban areas, a crucial consideration as cities face increasing climate challenges. This direction for the 2025 edition draws inspiration from Mr. Charles Abani, the United Nations

Continue Reading

Stakeholders Must Collaborate to Empower Youth, to Realise Potential – Minister

Accra: Ghana has joined the world to commemorate this year’s International Youth Day, with a call on the citizens to treat the nation’s development as a legacy in the making for every young Ghanaian. The theme for the Day was: ‘Local Youth Actions for the SDGs and Beyond.’ August 12 has been set aside by the world for the celebration of the Day to highlight the crucial role young people play in translating global goals into local solutions, driving change, innovations, and leadership in their communities. According to Ghana News Agency, Mr. George Opare Addo, the Minister of Youth Development

Continue Reading

Ghana Armed Forces Urges Caution in Media Coverage of Helicopter Crash

Accra: The Ghana Armed Forces (GAF) has issued a warning to media outlets to avoid speculative and unsubstantiated reporting concerning the helicopter crash that occurred on Wednesday, August 6, claiming the lives of eight individuals. According to Ghana News Agency, a press release from Captain Veronica Adzo Arhin, Acting Director General of the Public Relations Unit of GAF, emphasized the need for caution in media coverage to alleviate the grief of the families affected by the tragedy. The statement highlighted the GAF’s awareness of numerous speculative commentaries surrounding the Air Force Z-9 Helicopter crash in the Ashanti Region, urging respect

Continue Reading

WAJSIC Provides Comprehensive Training for Journalists and Whistleblowers on Investigative Reporting Safety

Accra: The Whistleblowers, Activists and Journalists Safety International Center (WAJSIC) has successfully conducted a four-day training program focused on enhancing the skills and safety of investigative journalists and whistleblowers. The initiative, which took place at WAJSIC’s headquarters, aimed to equip participants with the necessary tools to carry out their work effectively while ensuring their personal security. According to Ghana News Agency, the training was part of a series of support initiatives backed by the Deutsche Gesellschaft fr Internationale Zusammenarbeit (GIZ) under its Participation, Accountability and Integrity for a Resilient Democracy (PAIReD) program. Funding was provided by the German Cooperation, in

Continue Reading