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...
GH¢10bn interbank transfers through ACH Direct Credit in 2015
About GH¢10.3billion worth of interbank payments were done through ACH Direct Credit from January to...
Who regulates tax regime?… Two bodies lock horns over Bill.
The Chartered Institute of Taxation, Ghana (CITG) Bill has been laid before Parliament to...
20megawatt solar farm to boost power grid
A 20megawatt solar PV power generating plant, considered to be West Africa's largest, has been...
Rice farmers receives boost with CARI project
The demand for rice in the country has followed an upward trend for over...
Investment guarantees will address energy crisis – Seth Terkper
Finance Minister Seth Terkper has assured Ghanaians of government’s commitment to resolving the energy crisis,...
Ghana’s Entrepreneurship ecosystem ripe for Turbocharging- Frank Adu Jnr
The Managing Director of CAL Bank, Frank Adu Jnr has urged his fellow business executives...
Banks cut credit lines…as bad loans rise
Commercial banks in the country have begun to cut loans and advances to businesses and...
US Dept. of Agric to invest $56m in local poultry industry
The United States Department of Agriculture (USDA) is to invest more than $56million in the...
Huawei Ghana adjudged Best CSR ICT Company
Global ICT giant, Huawei Technologies was adjudged the best Corporate Social Responsibility (CSR) Information Communication...
Nigeria hit by severe fuel shortage amid payment row
A severe fuel crisis has hit Nigeria with long queues of angry motorists waiting...