Banks in Ghana wrote off GH¢4.33 billion as bad debt in 2023, a 79.2% reduction over that of 2022. In 2022, the total bad debt was estimated at GH¢20.8 billion. The bad debt was classified...
Banks wrote-off GH¢4.33bn as bad debt in 2023
Banks in Ghana wrote off GH¢4.33 billion as bad debt in 2023, a 79.2% reduction...
Real sector of economy records mixed performance – BoG
Data from the Bank of Ghana indicates that the real sector of the economy exhibited...
Ghana’s telecom market: NCA to regulate tariff charges
Ghana's telecom industry is set for a shakeup as the National Communications Authority (NCA) prepares...
BoG’s 1% policy rate cut is a big joke – Togbe Afede
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has strongly criticised the recent decision...
Bond market sees steep 83.21% decline in weekly volume
In a notable downturn, the secondary bond market for Government of Ghana papers experienced a...
Prices of foodstuff to remain high until June 2024 – GAWU
The General Agriculture Workers Union (GAWU) is forecasting that prices of foodstuff would remain high...
NPA suspends Sentuo Oil Refinery’s approval to sell finished fuel products
The National Petroleum Authority (NPA) has taken a decisive step, suspending the approval granted to...
Kasapreko GHS 600m Note Listing: GHS 150m Tranche 1 & 2 listing sees 100% subscription
The Tranche 1 and Tranche 2 listing of the GHS 600m note listing on the...
Parliamentary inquiry reveals $12 million spent on suspended Agyapa Royalties Deal
The government of Ghana spent $12 million on the botched Agyapa royalties deal, according to...
Inflation rises to 23.5% in January 2024
Consumer inflation rose to 23.5 percent in January 2024, up from December’s 23.2 percent, signalling...