The government is considering extending the 12-month capital moratorium on non-performing loans (NPLs) of small and medium-scale (SME) businesses to interest payments, acknowledging the difficulties in meeting interest payments by some default SME debtors. The government and the CB were earlier planning to restructure these loans, including the unpaid interest, and to charge interest for the 12-month moratorium period. SMEs, which have ...

For the first time, Ghana recorded increase in exports compared to imports since 2017. This trend was maintained in 2018 as well. President Nana Addo Dankwa Akufo-Addo attributed this success to his administration that ensured economic recovery over the past three years. Ghana is the leading recipient of foreign direct investments in West Africa. The President asserted that the economy ...