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...
Gold Steadies At 18-Month Low As The Dollar Edges Lower
Gold prices steadied near 18-month lows on Tuesday, attempting a break back above the key...
Gold Fields Restructures Huge Unprofitable South Africa Mine
After years of losses and failed turnarounds, Gold Fields Ltd. has come up with another plan to...
Ghana Records Five Pirate Attacks, Gulf Of Guinea In Red Spot
The global maritime report on piracy has for the second time in 2018, placed the...
27 Defunct SOEs To Be Deleted From Gov’t Books; 7 More To Be Traced
About 27 defunct State-Owned Enterprises (SOEs) – best-described as investments gone bad – are set...
Capital Bank Collapse: I’m Not Guilty, Pastor Otabil Says
Pastor Mensa Otabil has said his long public silence on the collapse of Capital Bank,...
FDA Directs Withdrawal Of Lavet Feminine Hygiene Wash
The Food and Drugs Authority (FDA) has directed the immediate withdrawal of Lavet Feminine Hygiene...
Banks In Frantic Merger Talks To Avoid BoG Action
Just so the central bank will not step in, a number of banks are in...
Omnibank Merges With Sahel-Sahara Bank
Sahel Sahara Bank and Omni Bank have agreed to consolidate their operations into one entity...
How Global Smartphone Sales Growth Ground To A Halt
After years of rampant growth, the global smartphone market is slowing down as consumers wait...
OmniBank, Sahel-Sahara Bank In A Merger Talks
Omni Bank and Sahel Sahara Bank (BISC) are in serious talks that could end up...