Ghana Business News·1 min read·medium
SMEs face high borrowing costs despite stable reference rate
✦AI Summary
Small and Medium-sized Enterprises (SMEs) in Ghana are struggling with high borrowing costs despite the central bank's reference rate remaining stable at 10.03%.
Small and Medium-sized Enterprises (SMEs) faced high borrowing costs in May 2026 despite the Ghana Reference Rate remaining at 10.03 per cent, the latest Bank of Ghana Annualised Percentage Rates (APR) report. The report showed that many SMEs were pa... [1585 chars]
businesseconomy
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