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GAB Calls for De-Risking of SME Environment to Boost Bank Lending

GAB Calls for De-Risking of SME Environment to Boost Bank Lending

The Ghana Association of Banks (GAB) has called for stronger measures to reduce the risks within Ghana’s business environment to enable banks to expand lending to small and medium-sized enterprises (SMEs).GAB President John Awuah said banks are prepared to provide more financing to SMEs, but weaknesses in areas such as storage, distribution and market access can undermine businesses’ ability to …

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Building Cost Inflation Rises to 4.6% Despite Lower Cement, Steel Prices

Building Cost Inflation Rises to 4.6% Despite Lower Cement, Steel Prices

Building cost inflation in Ghana increased to 4.6% in August 2026, up from 4.0% in July, despite declines in the prices of key inputs such as cement, steel and labour.The latest Prime Building Cost Index (PBCI) from the Ghana Statistical Service (GSS) shows that building input prices increased by 0.1% between July and August.Despite the monthly rise, the August inflation …

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Ghana’s Tuna Industry Faces Collapse as Operating Costs Soar – NAFAG

Ghana’s Tuna Industry Faces Collapse as Operating Costs Soar - NAFAG

Ghana’s tuna industry is facing growing pressure from high operating costs, heavy taxes and limited government support, Vice Chairman of the National Fisheries Association of Ghana (NAFAG), Richster Amarh Amarfio, has warned.According to him, the challenges have become so severe that Ghana’s pole-line fishing sub-sector has effectively collapsed, with no pole-line vessel currently operating in the country.Mr Amarfio said the …

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