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...
Auditor-General Chases 112 Firms, Individuals For GH₵511 Million Misappropriated Cash
The Auditor-General has surcharged some 112 individuals and institutions whose actions caused the State...
Pension Increased By 11%
The Social Security and National Insurance Trust (SSNIT) has increased the monthly pension by...
Omnibank, Sahel Sahara Bank Merger Approved
The Bank of Ghana (BoG) has approved the merger between Omnibank and Sahel Sahara Bank...
Textile Industry Gets Three Years VAT Exemption; Govt To Lose GH¢40M Annually
The local textile industry has received a boost following the government’s decision to zero-rate Value-Added...
At 21, Audrey Esi Swatson Is Ghana’s Youngest Female Commercial Pilot
Audrey Esi Swatson, Ghana’s youngest female commercial pilot was born on the 23rd February, 1997 in Accra...
World Bank President Jim Yong Kim Resigns
World Bank Group President Jim Yong Kim will resign effective February 1, more than three...
Ghana Resumes Export Of Maize, Other Foodstuffs
Ghana has resumed the export of maize to three neighbouring countries, including Burkina Faso, Ivory Coast, and Togo....
Vivo Energy Ghana Gets New MD
Vivo Energy Ghana, the marketers and distributors of Shell-branded products and services has appointed Ben Hassan...
Malawi’s Mobile Financial Services Space Under Pressure
A recent report commissioned by the African Economic Research Consortium (AERC) and carried out...
GOIL Opens 360th Service Station At Adenta
Ghana Oil Company, GOIL, has formally opened a new service station with an improved court-yard...