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...
E-waste To Generate US$100M Annually
The approval of an agreement between the government of Ghana and Societe General De Surveillance...
OmniBank Opens Four New Branches
To provide customers with convenience and rapid banking, OmniBank – the number-one bank for entrepreneurs...
GPHA Adjudged Best Port In Management Information Systems In West And Central Africa
The Ghana Ports and Harbours Authority, (GPHA) has been adjudged Best Port in Management Information...
Asantehene Gives Land For Uganda HIV Drug Factory
The Ashanti king, Otumfuo Nana Osei Tutu II, has given land to one of Uganda’s...
ECOWAS Nationals Not Affected By Retail Trade Ban – Ayorkor-Botchwey
Ghanaian Minister for Foreign Affairs and Regional Integration, Ms Shirley Ayorkor-Botchwey, has said Nigerian traders...
Bank Closures Costing Me Life-Time Friends – BoG Governor
The Bank of Ghana (BoG) Governor, Dr Ernest Addison, says he has had a tough...
Barclays Bank Meets GH¢400 Minimum Capital
Barclays Bank Ghana Limited has stated that it has met the 400 million cedis...
Boakye Agyarko Sacked As Energy Minister
President Akufo-Addo has sacked his Energy Minister Boakye Agyarko over a power purchase deal. Head...
Local Banks To Receive Gov’t Cash To Meet GH₵400M Capital By Dec 31
Government is to support ‘well-governed and managed’ local banks meet the new minimum capital requirement...
Money Laundering: BoG Places GH¢60,000 Fine On Banks, Others
Banks and Specialised Deposit Taking Institutions (SDIs) that fail to comply with the central bank’s...