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...
FITCH warns 2016 fiscal consolidation targets will be difficult to achieve
Ratings agency FITCH is warning that plans by government to reduce its rising expenditure to...
Cummins Cogeneration and WUTA energy to power Africa’s largest gas engine
Cummins Cogeneration Limited (CCL), headed up by Deepak Khilnani and WUTA Energy are set to...
BoG vows to ensure all monies owed DKM customers are paid
The Governor of the Bank of Ghana (BoG) Dr. Henry Kofi Wampah says the central...
TAP offers reduced fares on Accra-Lisbon route
TAP Portugal, the national flag-carrier of Portugal, is offering passengers reduced fares on the Accra-Lisbon...
‘Adopt industrialization to improve living standards’
African leaders have been urged to adopt industrialisation to foster transformation and improve living standards...
Dual currency funding can help stabilise real estate markets
Dual currency funding structures can bring stability and robustness to real estate deals in sub-Saharan...
Terkper plans US$750m Eurobond next yr.
Finance Minister Seth Terkper has hinted that government will next year sell a US$750million Eurobond...
MTN affirms readiness for new tech
Ghana’s leading mobile voice and data telecommunications service provider, MTN, has affirmed its commitment to...
‘Be cautious with port automation programme’
The Ghana Ports and Harbours Authority (GPHA) has been asked to “hasten slowly” with...
BoG consolidates stable cedi; Increases policy rate to 26%
The Bank of Ghana has, in a surprise move, increased its main benchmark interest rate...