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...
Ghana Risks Losing Over $100 Million Under Power Compact
Resident Country Director for the Millennium Challenge Corporation (MCC), Mr. Kenneth Miller has said...
Cedi To Depreciate At Slower Pace This Year- Research
The Ghana Cedi is expected to depreciate at a much slower pace against the...
Gov’t Forms Risk Management Team For $2BN Bauxite Deal
Government has instituted a Risk Management Team to resolve the challenges that may characterize...
Smartphones Advance Literacy In Africa
African mobile users have spent an average of over four million hours reading books...
MTN To Launch Budget Smartphones In 2019
Pan African telecom MTN plans to launch two new lowcost smartphones retailing at US$13...
1D1F: Gov’t Cuts Sod For Construction Of Steel Company
The Ministry of Trade and Industry has cut the sod for the construction of a...
MenzGold Halts Gold Vault Business ‘Temporarily’
Gold-trading firm, Menzgold Ghana Limited, has temporarily halted its business in relations to all extra...
Inflation hits 9.9% In August
Inflation for the month August has increased to 9.9 percent from the 9.6 percent...
EU, Africa Free Trade Pact To Create Jobs, European Commission Prez. Says
The European Union should offer a free trade agreement to the whole of the African...
Menzgold Directed To Shut Down Operations
The Securities and Exchange Commission (SEC) has directed gold trading firm Menzgold Ghana Limited to...