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...
Ghana’s rising debts to dominate IMF review meetings
Measures to contain Ghana's rising debts is set to dominate discussions as visiting IMF mission...
Ghanaian among winners of 2015 Entrepreneur for the World Award
Bernice Dapaah, the CEO of Ghana Bamboo Bikes Initiative, has been honored with the World...
Assemblies soon to issue bonds for infrastructure projects
Municipal and District Assemblies could soon start raising their own monies for infrastructure projects...
First Rand bank now open to public
First Rand Bank of South Africa has officially began operations in Ghana under the...
SSNIT to offer long-term cash
The Social Security and National Insurance Trust (SSNIT) says it has adequate long-term capital to...
Ecobank commits US$7m to rice, maize farming
Ecobank Ghana has committed US$7,000,000 to the production of rice, maize and soya beans in...
Gov’t contradicts itself by borrowing domestically
Government’s decision to borrow 1.5 billion cedis from the domestic market contradicts its new...
NCA punishes Vodafone for failing quality of service test
Regulator of the telecom industry the National Communications Authority (NCA) has sanctioned telecom operator Vodafone...
Africans pay too much for power – AfDB Prez
President of the African Development Bank (AfDB) Dr. Akinwumi Adesina has bemoaned the cost of...
Abraaj Group to acquire 50 percent of adb
Reports have been gathered that, investment firm and owners of Fan Milk International, Abraaj Group,...