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...
Vulnerability of shell corporations to money laundering
Criminals are employing many schemes, techniques and mechanisms to obscure their ownership and control of...
Fixing global economic governance
Following the International Monetary Fund and World Bank’s annual meetings this month, the Middle East...
Sachet-water dominant source of household drinking water – GSS
The Ghana Statistical Service (GSS), in partnership with the United Nations Children’s Fund (UNICEF), has...
Private sector credit growth hits four-year low
Challenges facing the banking sector have taken a toll on businesses, with private sector credit...
South Africa to partner Ghana in addressing housing delivery
The Ministry of Works and Housing and Ministry of Human Settlements-South Africa have jointly declared...
We support investigations into GH¢1m for road contracts allegation
A 20-member strong contractor group has expressed support for investigations into allegations that road contractors...
Zoomlion supports Akosombo Dam spillage victims
Zoomlion Ghana Ltd. has donated items worth over GH¢500,000 to support victims of the Akosombo...
UBA appoints new Chief Risk Officer
UBA Ghana Ltd. has appointed Mr. Kenneth Owusu Asante Amponsah as Chief Risk Officer of...
Governor unveils bold digital currency initiative
Dr. Ernest Addison, Bank of Ghana (BoG) Governor, has underscored Ghana’s commitment to innovation in...
Cedi’s bearish trend to continue until FX inflows materialise
Currency market experts are projecting that the current bearish performance of the cedi will endure...