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...
Republic Bank Begins Renounceable Rights Issue To Raise Minimum Capital
Republic Bank, a member of Republic Financial Holdings Limited (RFHL) of Trinidad and Tobago, Monday...
Banks Causing Artificial Shortage Of Passport Forms
Some banks authorised to sell passport forms to the public are suspected to be deliberately...
Wage Bill Hits GH₵14BN- Takes 45% Of Tax Revenue In 2017
Government’s wage bill for 2017 was GH₵14.4 billion, representing a 44.8 percent of the country’s...
Central Bank Stays Policy Rate On Inflation Scare
After inflation inched up for two consecutive months (May and June), the central bank has...
Fifteen Banks Ready To Recapitalise, 17 Still On Capital Hunt
Fifteen out of the 32 banks are now in line to recapitalise to GH¢400 million...
Barclays Ghana Named ‘Best Bank’ At Euromoney Awards
Barclays Bank Ghana emerged as Ghana’s Best Bank at the prestigious 2018 Euromoney Awards for...
Former SSNIT Boss, 3 Others Face Court Today Over US$140 Million Contract
A former Director-General of the Social Security and National Insurance Trust (SSNIT), Ernest Thompson, will...
McDonald’s Says Goodbye Cashiers, Hello Kiosks
“Would you like fries with that?” may soon be a phrase of the past. As...
AngloGold Quizzed Over $590M Investment In Obuasi Mine
AngloGold Ashanti CEO Srinivasan Venkatakrishnan welcomed the scepticism that greeted the company's decision to invest...
EXPOSED!…Rice Importers Stealing Millions From Gov’t
Investigations by the B&FT have revealed that large rice importers in the country are cheating...