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...
World Bank Group CEO Replaces Kim On February 1
Effective from February 1, 2019, the World Bank Group will see its current CEO, Kristalina...
Frontclear, Fidelity And Societe Generale Complete $40 Transaction
Frontclear, Fidelity Bank Ghana and Societe Generale completed a $40 million cross-currency total return swap...
Passion Air Suspends Operations To Takoradi
Passion Air has announced it is suspending flight operations to Takoradi until further notice. According...
Pioneer Kitchenware Delisted From Ghana Stock Exchange
The Ghana Stock Exchange (GSE) has delisted Pioneer Kitchenware Ltd (PKL) from the main equity...
No IPO After 4G Aquisition, Vodafone CEO Says
Telecommunications giant, Vodafone Ghana, has disclosed that it has no plans to list on the...
No Currency, Just a Currency Crisis: Zimbabwe’s Woes Deepen
Not having a currency of its own hasn’t stopped Zimbabwe from sliding into a currency...
Change in ECG Management Won’t Result In Price Hikes, PURC Assures
The Public Utilities Regulatory Commission (PURC) has fought off claims that new managers taking...
From Table-Top Groundnut Seller To Regional CEO Of UBA – Story Of Abiola M. Bawuah
Earlier in July 2018, The Africa Report named Mrs. Marufatu Abiola Bawuah as one of Africa’s 50 Influential...
Bank of Ghana issues GH₵3 Billion to CBG to Ease Liquidity Challenges
The Central Bank has made funds available to the Consolidated Bank Ghana (CBG) received from...
William Hutton-Mensah Nominated As New CEO Of ECG
The new “owners” of the Electricity Company of Ghana (ECG), Power Distribution Service, has nominated...