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...
‘Government will support financial services sector’
The Minister of State in charge of Public Private Partnerships, Mr Abdul Rashid Pelpuo, has...
Veep calls for new paradigm of development
Vice President Kwesi Amissah-Arthur has called for the adoption of a new paradigm of development,...
COCOBOD to increase free distribution of free cocoa hybrid seedlings to farmers
The Ghana Cocoa Board (COCOBOD) has indicated government will increase the distribution of hybrid cocoa...
CAL brokers complete first transaction on NSE
The Ghana Stock Exchange (GSE) has announced that Cal brokers of Ghana and UBA of...
AGI commends GH¢200m equity fund for SMEs
The Association of Ghana Industries (AGI) has underscored the need for the country to establish...
Dealing with money laundering: Mobile money systems may pose challenges
The Financial Intelligence Centre (FIC) is worried that the growth of mobile money (MM) systems...
We have dollars; Banks move to dampen speculation
Commercial banks have reported of increased dollar supplies by the Bank of Ghana (BoG) to...
‘Don’t scare away IPPs’
Government should be communicating to investors in the power sector in a way that will...
StanChart optimistic about strong results
Standard Chartered Bank Ghana Limited (StanChart) is optimistic about posting strong growth at the end...
Ghana earns $3b in revenue after four years of exporting crude oil
Ghana has earned 3 billion dollars from oil since the beginning of commercial production in...