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...
Cedi hope rises on expected US $4bn inflows
Investment bankers in the country are confident the cedi will rebound from its poor performance...
Dollar rises as China devalues yuan
The US dollar lurched higher on Tuesday as China allowed its yuan to fall to...
Google creates new parent company
Google, the US technology company, is reorganising under a new moniker - Alphabet -...
Govt to refund GH¢250m to mining companies
Government is establishing a framework to repay more than GH¢ 250 million in VAT...
Tullow cuts crude production
The Lead operator of the Jubilee field, Tullow oil has cut crude production by 27,000...
Access Bank receives ISO 9001:2008 certification
Access Bank Ghana has attained ISO certification following months of rigorous assessment. This certification exercise...
BoG urges banks to mitigate risks
The Deputy Governor of the Bank of Ghana (BoG), Mr Millison Narh, has urged banks...
Tanzania to invest $380m over eight years in cash-starved farm sector
Tanzania will invest 800 billion shillings ($380 million) over the next eight years in a...
VRA owes WAPCo $82m
Ghana may return to acute power rationing in the coming days should the Volta River...
STC to diversify its operations
The Intercity State Transport Company Ltd. (STC) is in the process of diversifying its operations...