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...
Over-Staffing Contributed To uniBank Collapse-Report
A new document shows that the now defunct uniBank was overstaffed compared to its...
Gov’t Introduces GalamStop App To Monitor Illegal Mining
A software application called GalamStop is one of the new measures government has adopted...
Collapse Banks: Parliament Begins Enquiry On September 6
Parliament will, on September 6, this year, begin a full-scale public enquiry into the circumstances...
Gov’t Develops Roadmap To Reduce Cost Of Doing Business In Ghana
Mr Anthony Nyame-Baafi, Director of Multilateral, Regional and Bilateral Trade at the Ministry of...
GRA Introduces New Model Of Revenue Collection In The Downstream Petroleum Sector
The Petroleum Unit and Customs Division of the Ghana Revenue Authority (GRA) is adopting...
Gov’t, Fintrade’s GH₵220 Million Debt Led To Our Collapse- Royal Bank
The Royal bank is blaming the government for contributing to the bank’s woes and...
Inflation Drops To 9.6% In July
Inflation rate has dropped from the 10 per cent recorded in June to 9.6 per...
BoG Sets Up Ethics & Internal Investigations Unit To Strengthen Financial Sector
Bank of Ghana has set up an Office of Ethics and Internal Investigations as a...
Cyber Security: Sextortion Is Gradually Gliding Into Ghana
A ‘new’ form of cybercrime is gradually warming its way into Ghana. Sextortion which obviously...
Cocoa Rebounds As Climate Conditions Dwindle
Cocoa recovered some of its previous week’s losses, as favourable climatic conditions in top grower...