Ghana Nsem40 articles · ghanansem.com
The Government of Ghana has paid $700 million to Eurobond holders ahead of schedule, increasing total repayments under its debt restructuring programme to $2.1 billion. The Finance Ministry says the move reinforces Ghana’s commitment to meeting its debt obligations and rebuilding investor confidence.
A new report by Forbes claims that U.S. President Donald Trump obtained a massive loan from Charles Schwab Bank in 2025, adding fresh questions about his financial obligations and the transparency of his business dealings. While the loan has been disclosed, its size and terms have drawn public interest as analysts examine the president’s financial portfolio.
A delegation of Ghana’s banking leaders who recently completed a professional visit to Malaysia are calling for stronger ethical reforms in Ghana’s financial sector. They argue that banking must go beyond profit-making and embrace integrity, trust, and responsible financial practices to restore public confidence in the industry.
BreakingGN Savings and Loans Company Limited has had its licence restoration upheld after the Court of Appeal unanimously overturned a High Court ruling that supported its revocation. Papa Kwesi Nduom says the company is ready to contribute to Ghana’s economic growth following the decision.
Intercity STC Coaches Limited says it is taking urgent steps to address growing passenger complaints over long delays and aging buses by adding nearly 120 new buses to its fleet before the end of the year. The company believes the expansion will ease terminal congestion, improve service efficiency, and restore public confidence in its operations.
Seven employees of the Cocoa Processing Company (CPC) have been interdicted after a Ghana Audit Service special audit uncovered an alleged GH¢4.37 million financial discrepancy in the CPC Consumer Cooperative Shop. Investigations are ongoing as authorities seek to determine the cause of the missing funds and any possible wrongdoing.
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.