Security Interests Registrations Surge by 26.7% in 2025 – Bank of Ghana Report
Ghana witnessed a significant rise in the number of security interests registered in 2025, reaching 484,059, an increase of 26.7% from the 382,215 registrations recorded in 2024. This development was highlighted in the Bank of Ghana’s 2025 Annual Report and Financial Statements. According to the report, the commerce and finance sector dominated secured lending, accounting for 88.9% of all transactions in 2025. The agriculture, forestry, and fishing sector followed with 4%, while the services sector contributed 3%. The total value of secured loans granted during the year surged to GH¢148.3 billion, up from GH¢60.9 billion in 2024. Banks were responsible for GH¢94.5 billion worth of these loans. Activity at the Collateral Registry also intensified, with the number of searches conducted rising by 11.7% to 72,901 in 2025, compared to 65,267 the year before. Registered collateral assets grew by 21.7%, reaching 584,000 in 2025, up from 479,707 in 2024. The report noted that cash remained the most commonly accepted form of collateral, followed by inventories or stock of goods, and company and business assets. The Collateral Registry issued 200 Memoranda of No Objection certificates in 2025 to support the realisation of security interests in collateral, marking a 33.6% drop from the 301 certificates issued in 2024. A total of 105,029 registrations were discharged during the year, with Savings and Loans Companies recording the highest volumes of registrations, searches, and discharges. The data reflects growing confidence in Ghana’s secured lending environment, as well as increased activity across key economic sectors. Source: Apexnewsgh.com
Police recover ¢140,000 and AK-47 rifle after robbery at Lashibi
The Sakumono District Police Command has recovered GH¢140,000 and an AK-47 assault rifle following a robbery incident involving a mobile money vendor at Lashibi on 3 July 2026. Preliminary investigations indicate that the victim was attacked by two armed men on a motorbike while returning home from work with a bag containing GH¢140,000. The suspects allegedly opened fire on the victim’s vehicle, damaging the right rear tyre and front windscreen before making away with the cash. Investigations further show that after seizing the money and attempting to flee, the suspects were fired upon by the complainant. One of the suspects was killed at the scene, while the second escaped, abandoning the stolen bag, which was later recovered by police. The complainant was not injured. A search on the deceased suspect led to the recovery of an AK-47 rifle, two magazines containing a total of 55 rounds of live ammunition, an additional 11 rounds of live ammunition, GH¢3,000 in cash, a Samsung mobile phone, and an identity card bearing the name Innocent Elemuwa Akachukeu, aged 46. Police also retrieved five spent AK-47 shells and two spent pistol shells from the scene. The body of the deceased has been deposited at the Police Hospital mortuary for preservation, autopsy and identification. The Regional Police Command has taken over investigations, while efforts are ongoing to arrest the fleeing suspect. The Accra Regional Police Command has reaffirmed its commitment to tackling violent crime and urged the public to provide information that may assist in locating the suspect still at large, through the nearest police station or emergency numbers 18555 and 191. Source: Classfmonline
Ministry of the Interior Issues Weather Alert for Greater Accra Region
The Ministry of the Interior has issued a public weather alert, warning residents of the Greater Accra Region about the likelihood of moderate rainfall in the early hours of Monday, July 6. According to a text message sent out to citizens, the forecast predicts moderate rain between 4 AM and 7 AM, with a 40 percent chance of occurrence. The ministry cautioned that low-lying areas are at risk of flooding and strongly advised residents to avoid driving or walking through flooded roads during this period. In addition, the public is urged to stay alert and closely monitor changing weather conditions to ensure their safety. This warning comes as the region continues to grapple with the aftermath of recent flooding incidents. Authorities are reminding the public to prioritize safety as weather patterns remain unpredictable. Flood death toll rises to 34 as nearly 90,000 displaced, NADMO says. Source: Apexnewsgh.com
Ghana Settles US$700 Million Eurobond Ahead of Schedule, Boosting Investor Confidence
The Government of Ghana has made headlines by fully settling a US$700 million Eurobond obligation ahead of schedule, a move the Ministry of Finance says demonstrates the country’s commitment to prudent public debt management and macroeconomic stability. According to a statement from the Ministry, the payment, completed on Thursday, July 2, 2026, comprised US$525.2 million in principal repayments and US$174.8 million in interest payments. This latest settlement brings Ghana’s total payments to Eurobond holders to US$2.1 billion since January 2025, reflecting the country’s ongoing efforts under its Eurobond Debt Exchange Programme. The Ministry of Finance emphasized that the repayment was carried out through the government’s planned financing arrangements, avoiding any undue pressure on Ghana’s foreign exchange reserves. “The payment was made through the Government’s planned financing arrangements without undue pressure on the country’s foreign exchange reserves,” the Ministry noted. Government officials believe this early repayment will further reduce Ghana’s outstanding external debt burden and strengthen investor confidence as the country continues to advance fiscal and macroeconomic reforms. The Ministry highlighted that meeting the Eurobond obligation ahead of schedule underscores the government’s dedication to maintaining sound public debt management practices and safeguarding macroeconomic stability as Ghana implements its economic recovery programme. This milestone payment comes as Ghana works to restore international investor confidence following the successful completion of its external debt restructuring and the ongoing implementation of reforms under the IMF Policy Coordination Instrument (PCI). The Ministry of Finance reiterated its commitment to sound public financial management, vowing to continue timely servicing of the country’s debt obligations while prioritizing fiscal sustainability. The Ministry also extended its appreciation to Ghanaians for their patience, support, and continued confidence as the government pursues policies aimed at restoring economic stability and rebuilding market trust. Source: Apexnewsgh.com
Attorney-General Lays Tribunal Bill 2026 in Parliament to Revive Public Tribunals
The Attorney-General and Minister for Justice, Dr. Dominic Ayine, has taken a significant step toward reforming Ghana’s justice system by laying the Tribunal Bill 2026 before Parliament. The new bill aims to reintroduce public tribunals, with the goal of strengthening the administration of justice and expanding access to courts across the country. If passed, the Tribunal Bill 2026 will establish a reformed tribunal system to operate alongside the existing traditional courts. The proposed system will have clear constitutional backing, comprehensive oversight structures, and robust safeguards to ensure due process and the protection of human rights. The legislation seeks to bring into effect provisions under Article 126 of the Constitution, which provides for the establishment of tribunals within Ghana’s judicial system—a provision that has largely gone dormant in recent years. Dr. Ayine explained that the reforms are designed to address current gaps in the legal framework, reduce the backlog of cases in the courts, and expand access to justice. Importantly, the new system will also allow for greater citizen participation in the adjudication process. Under the proposed law, a two-tier tribunal structure will be established, comprising Regional and District Tribunals. These tribunals will become part of the judiciary under the supervision of the Judicial Council and a newly established Tribunal Oversight Committee. Regional Tribunals, according to the bill, will have concurrent original jurisdiction with the High Court over selected criminal matters. These include cases involving economic crimes, narcotics offences, tax-related offences, customs violations, and offences concerning the loss of state funds or property. District Tribunals, on the other hand, will share concurrent jurisdiction with Circuit Courts over specific criminal matters, but will exclude offences such as treason, capital offences, and cases triable on indictment. Certain cases are specifically excluded from the tribunal system, including those involving constitutional interpretation under Article 130, human rights violations, and any matters expressly excluded by law. The bill also sets out guiding principles for tribunal operations, emphasizing fairness, transparency, efficiency, independence, and respect for fundamental human rights. Decisions from the tribunals will be subject to appellate review. The proposal outlines detailed governance arrangements, covering the appointment, discipline, retirement, and removal of tribunal members, as well as instituting a code of conduct to guide their work. Dr. Ayine emphasized that these reforms are intended to address longstanding concerns about public tribunals by anchoring the new system in constitutional safeguards and the principles of due process. The Tribunal Bill 2026 has had its first reading in Parliament and has been referred to the Constitutional and Legal Affairs and Judiciary Committees for further consideration. Just last week, the Attorney-General met with the joint committee to deliberate on the key proposals, marking a crucial step in the journey toward tribunal reform. Source: Apexnewsgh.com
Upper East NDC Demands Immediate Repairs to Defective Sumbrugu–Namong Road
The Upper East Regional Communication Bureau of the governing National Democratic Congress (NDC) has called on the Ghana Highway Authority to compel contractors responsible for the reconstruction of the Sumbrungu–Namong Road to immediately rectify what it describes as serious structural defects on the project. According to the party, sections of the approximately 11-kilometre road, which were reportedly completed less than two years ago, have already developed extensive defects, raising concerns over the quality of workmanship, materials used, and compliance with approved engineering standards. The NDC noted that the road project, valued at over GH¢50.8 million, was executed in four separate lots by Gbanzab Co. Ltd, Hajisam Ventures Ltd, Dot Sky Invest., and Salabahs Ent. It argued that the rapid deterioration of the road represents a waste of public resources and a betrayal of the communities expected to benefit from the infrastructure. The party further demanded that the Ghana Highway Authority ensure all four contractors return to their respective sections within two weeks to carry out remedial works at no additional cost to the taxpayer. It also urged the Authority to withhold payments, enforce contractual obligations, and impose appropriate sanctions on any contractor that fails to address the identified defects. The Upper East NDC stressed that quality infrastructure is essential to national development and pledged to continue advocating for accountability, transparency, and value for money in the execution of public projects. The statement was signed by Jonathan Abdallah Salifu, Upper East Regional Communications Officer of the governing National Democratic Congress (NDC). Read the full release below: Source: Apexnewsgh.com