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...
IMF to commence second review of Ghana in October
The second review of the International Monetary Fund 3 year credit facility for Ghana will...
Ghana to review downwards oil revenue targets again
The Ministry of Finance has hinted it will consider going back to cabinet to review...
Economy may suffer as export revenues plummet
Government says it is losing revenue needed to execute its 2015 budget because of continuous...
Nissan invests $100m in Sunderland plant
Japanese carmaker Nissan has announced it will invest £100m in its UK plant to build...
PPI dramatically reduces to 10.6% in July
The marginal appreciation of the cedi and reduction of the prices of petroleum products in...
Bankers welcome BoG’s approval of Islamic banking in Ghana
Banking Consultant Nana Otuo Acheampong has welcomed the decision by the Bank of Ghana (BoG)...
Slash GH¢2 million capital requirement- Association of Microfinance
The Ghana Association of Microfinance Companies (GAMC) is asking for a downward review of the...
DVLA’s internal fund not going into Consolidated Fund- Finance Minister
Minister of Finance, Seth Terkper has dismissed claims by some workers of the Driver Vehicle...
Finance Ministry, Parliament to control overspending in election years
The Finance Ministry and Parliament have begun working together to check the persistent problem...
Banks come under fire for being passive and risk averse
An investment banker and Chief Executive Officer of the Gam-Ank Group, Dr Sam Ankrah, has...