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...
Fresh Capital Eludes Bank As Investors Gauge Regulator’s Mood
Banks looking for fresh capital to meet the GH¢400million stated capital could be in for...
Shareholders Of UniBank To Recapitalize
Shareholders of Unibank have resolved to recapitalize the bank to address both the solvency and...
Ghana’s Debt Reaches GH₵154.3 Billion-BoG
Data published by the Bank of Ghana after its Monetary Policy Committee Meeting has put...
Midland Suspends 5 Workers, To Compensate Woman
Five members of staff of the Midland Savings and Loans Company who witnessed the assault...
Lack Of Resources Hinder Labour Commission’s Effort To Settle Industrial Disputes
The Executive Secretary of the National Labour Commission (NLC), Ofosu Asamoah has called on government...
Textile Industry Decries Influx Of Fake Materials Again
Textile industry workers have reiterated calls for government to intensify checks at the borders to...
Nigeria: Inflation at 2 1/2 Year Low Unlikely To Spur Rate Cuts
Nigeria inflation at a 2 1/2 year low is unlikely to move the central bank...
GSE: Energy Bank To Float Shares In August
Energy Commercial Bank is on course to receive a final approval from the Securities and...
Nigerians Bury Cash In Backyards As Mobile Money Stumbles
Every few days, Tasiu Abdurrahman takes the money he makes from selling spices in Nigeria’s...
Gov’t Devises Plan To End IMF Programme
Finance Minister, Ken Ofori-Atta, has indicated that government is putting in place key macroeconomic measures...