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...
COCOBOD To Boost Cocoa Production To One Million Tonnes
Ghana Cocoa Board (COCOBOD) says it expects to boost cocoa production to one million metric...
SEC To Introduce New Regulations For Fund Managers
The Securities and Exchange Commission (SEC), has revealed that it will soon tighten regulations on...
Africa, Asia To Increase Food Output
Agricultural production in Western Europe is set to decline over the coming decade, with output...
Abena Osei-Poku Appointed New MD of Barclays Ghana
Barclays Bank of Ghana has announced the appointment of Abena Osei Poku by the Board...
US Gov’t To Invest $5.4 Billion in Ghana, 3 other African Countries
The United States Secretary of Commerce, Wilbur Ross Jr. – who is in the country...
OPEC Says It’s Doing Best To Supply Market But Won’t Overdo It
OPEC and its allies are doing what they can to offset crude output shortfalls that...
Cheque Frauds On The Rise, Even As Banks Turn To Digitize Systems
With the entire banking system moving away from the traditional way of banking to digital...
Funding Challenges Put ‘Agric Marshall Plan’ In Limbo
Deputy Minister of Agriculture, Dr Sagre Bambangi says the government’s much-touted Marshall Plan for Agric...
SIC Insurance, Burkina Faso Sign Single Transit Deal To Promote Trade
SIC Insurance Company (SIC) Ltd has signed a memorandum of understanding with the Burkina Faso...
Ndoum Calls For Cap On Interest Rates
The central bank has been advised to control fluctuating interest rates in the country’s financial...