Ghana Nsem10 articles · ghanansem.com
FeaturedThe Bank of Ghana recorded a significant loss in 2025 as a result of aggressive monetary policies aimed at reducing inflation and stabilising the economy. While these measures successfully brought inflation under control and improved economic conditions, they also weakened the bank’s financial position, highlighting the trade-off between policy effectiveness and balance sheet strength.
FeaturedGideon Boako says the Bank of Ghana’s 2025 loss is far higher than the reported GH¢15.6 billion, arguing it could reach about GH¢44.5 billion when all figures are considered. He claims key losses were downplayed, accusing the Bank of relying on accounting methods and gold sale income to mask the true scale of its financial challenges.
BreakingMedia personality Nana Romeo has weighed in on Ghana's ongoing electricity situation, suggesting that the current power challenges facing the country are not going away anytime soon — and that Ghanaians should brace themselves for a resolution timeline stretching anywhere from three months to two years.
FeaturedThe Electricity Company of Ghana (ECG) says ongoing power outages are temporary and part of efforts to stabilise the national grid. It explained that repair works, including restoration at the Akosombo Dam and other network upgrades, are causing intermittent interruptions. ECG assures that these interventions will eventually improve and stabilise electricity supply across the country.
BreakingResidents in the Ashanti Region should expect temporary power outages as the Electricity Company of Ghana and Ghana Grid Company begin major transmission upgrades after the 2026 FIFA World Cup. The project includes replacing transformers and upgrading power lines in Kumasi to improve electricity reliability. Although the exercise may cause short-term inconvenience, officials say it is necessary to fix long-standing network challenges and ensure a more stable power supply.
FeaturedA fire outbreak at the GRIDCo substation in Akosombo severely damaged critical infrastructure, forcing a complete shutdown of the Akosombo Dam and causing widespread power outages across Ghana. Authorities say the switchyard and control systems were destroyed, significantly disrupting power generation and distribution. In response, the Energy Minister has asked GRIDCo’s CEO to step aside pending investigations, while a major leadership shake-up has also been carried out at ECG in the Ashanti Region.
FeaturedA shocking case of insider banking fraud has landed a Relationship Manager before an Accra Circuit Court after he allegedly stole GH¢12 million from a businessman whose accounts he was managing.
Ghana's economy expanded by 5.8% in the third quarter of 2025, surpassing the IMF's forecast of 4.9% and signalling a strong recovery from the 2022–2023 economic crisis.
MTN Ghana has reported record pre-tax profits of GH₵2.3 billion for the first half of 2025, driven by explosive growth in MoMo transactions and data revenue.
The Bank of Ghana has cut its benchmark interest rate by 100 basis points to 27%, as inflation fell to 14.5% — its lowest level since early 2024.