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GUTA Urges Bank of Ghana to Fast-Track Single-Digit Interest Rates

GUTA has urged the Bank of Ghana to fast-track measures to bring commercial lending rates to single digits, following the recent policy rate cut to 15.5 percent. The move, the association says, would lower borrowing costs, expand credit access for traders and SMEs, and support business growth amid improving economic conditions.

African Commodities, Global Trade, Local News, Opinion, Rates & Bonds, Stock News, Trade

Analyst Urges Disclosure of Loan Defaulters to Strengthen NPL Recovery Efforts

Financial analyst Nelson Cudjoe Kuagbedzi has called on banks to publicly disclose the names of loan defaulters, arguing that the measure would strengthen recovery efforts and improve discipline in the banking sector. While noting a decline in non-performing loans, he warned that repayment culture remains weak and urged regulators to support stronger deterrence mechanisms to protect financial stability.

AfCFTA, African Commodities, African Markets, African Stocks, Economy, Focus on Africa, General News, Global Economics, Global Markets, Lifestyle, Local News, Trade

FDA Cautions Against Purchasing Foods from Vendors Near Open Gutters

The FDA has urged the public to stop buying food sold in unhygienic locations, warning that the practice puts public health at risk. Deputy CEO Roderick Daddey-Adjei said consumers have a key role in driving change, as vendors will be forced to improve hygiene if people refuse to buy unsafe food.

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