News Ghana

News Ghana is an independent news website based in Ghana. It ranks among the most popular news portals in the country, attracting an average of 200,000 visitors each day.

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Articles

African Banker Awards Spotlight DFI Influence and Female Leadership

1 day ago | newsghana.com.gh | Roger A. Agana

Development Finance Institutions secured a commanding presence at the 2025 African Banker Awards in Abidjan, claiming five prestigious honours during the gala attended by 500 banking and finance leaders.
Science Crucial for Safer Food Amid Rising Risks, WHO Stresses

1 day ago | newsghana.com.gh | Roger A. Agana

WHO emphasizes scientific innovation as fundamental to food safety amid growing global threats, marking World Food Safety Day 2025. Scientists provide vital evidence on health risks from known, emerging, and anticipated food contaminants through rigorous research, enabling informed decisions by policymakers, food businesses, and consumers.
WHO Monitors Rising COVID-19 Cases Driven by New Variant

1 day ago | newsghana.com.gh | Roger A. Agana

COVID-19 cases are increasing globally, including within the World Health Organization’s Eastern Mediterranean Region, according to a recent WHO EMRO update. This surge is attributed to the NB.1.8.1 variant, currently classified by WHO as a “variant under monitoring.” While the virus continues to mutate, leading to new variants and periodic increases, WHO emphasizes that NB.1.8.1 does not presently pose additional health risks compared to other circulating strains.
Robust US Jobs Data Dashes Summer Rate Cut Hopes

2 days ago | newsghana.com.gh | Roger A. Agana

The stronger-than-expected US jobs report for May has effectively eliminated prospects of Federal Reserve interest rate cuts this summer, according to deVere Group CEO Nigel Green. The economy added 139,000 jobs—surpassing the 125,000 consensus forecast—prompting stock futures to rise and Treasury yields to climb as markets adjusted expectations.
Ghana Stock Exchange Dominated by MTN, Gold ETF in Early 2025

2 days ago | newsghana.com.gh | Roger A. Agana

MTN Ghana (MTNGH) and the NewGold ETF (GLD) emerged as the dominant forces on the Ghana Stock Exchange (GSE) during the first four months of 2025, commanding trading activity by volume and value respectively. MTNGH accounted for 64.83% of all shares traded (54.6 million shares), while CAL Bank followed distantly at 18.09%. Despite ranking sixth in volume, the gold-backed GLD ETF generated GH¢387 million in traded value – representing 62.64% of the market’s total value.
ECB Rate Cut Accelerates Investor Shift Away From US Assets, deVere Group Says

2 days ago | newsghana.com.gh | Roger A. Agana

The European Central Bank’s widely anticipated rate cut today will bolster the eurozone’s recovery and accelerate a growing shift by global investors away from US assets, according to Nigel Green, CEO of deVere Group. The ECB lowered its deposit rate to 2%—its eighth reduction since 2023—amid investor wariness of US market risks, including political volatility, rising debt, and trade policy unpredictability. Green stated the cut would “supercharge” capital rotation out of US markets.
South African Equities Rise as JSE Tops 96,000 on Broad Gains

2 days ago | newsghana.com.gh | Roger A. Agana

South African equities opened higher on Thursday, with the JSE FTSE All Share Index surpassing the 96,000 mark. Gains were broad-based, with twelve out of twenty sectors advancing. Technology services, non-energy minerals, and process industries led the increase, signaling firmer investor sentiment despite persistent macroeconomic and political pressures. Losses in electronic technology, industrial services, and distribution services moderated gains but did not reverse the market’s upward trend.
Oil Prices Face Mixed Pressures Amid Supply Shifts, Geopolitical Support

2 days ago | newsghana.com.gh | Roger A. Agana

Crude oil futures face sustained risk as trader caution meets volatile market conditions. Sentiment remains divided following Thursday’s U.S. inventory report. The data showed a larger-than-expected draw in crude stocks, contrasting with a bigger-than-anticipated build in gasoline and diesel inventories. This conflicting picture clouds the market’s near-term outlook. Saudi Arabia’s price cut for Asian crude buyers in July has further fueled concerns.
Ghana Equity and Fixed Income Markets Show Robust Trading Activity

2 days ago | newsghana.com.gh | Roger A. Agana

Ghana’s financial markets demonstrated vigorous activity on Thursday, with the stock exchange advancing and fixed income instruments seeing substantial trading volumes. The GSE Composite Index rose 15.57 points to 6,004.72, while the Financial Stocks Index gained 2.57 points to 3,244.82. Equity trading reached 3.09 million shares valued at GH¢16.18 million, led by Scancom PLC (MTNGH) with GH¢6.63 million in transactions.
Ghana Stock Exchange Indices Climb on Active Trading Session

2 days ago | newsghana.com.gh | Roger A. Agana

Ghana’s equity market advanced during Thursday’s trading as the benchmark GSE Composite Index (GSE-CI) rose 15.57 points to 6,004.72, while the Financial Stocks Index (GSE-FSI) gained 2.57 points to 3,244.82. The session saw 3,087,888 shares traded, valued at GH¢16.18 million. GCB Bank PLC led trading activity with 402,321 shares exchanged, closing at GH¢8.85—a GH¢0.05 gain. Scancom PLC (MTNGH) dominated transaction value at GH¢6.63 million, closing at GH¢2.81 after 2.36 million shares traded.