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...
TOR To Shut Down
The Tema Oil Refinery (TOR) is expected to shut down due to lack of crude...
Stock Market Sentiments Remain Bearish
Market sentiments remained bearish for May as the Ghana Stock Exchange (GSE) - Composite Index...
IMF Visits Ghana; Rising Debt High On Agenda
The government is confident that the IMF should be satisfied with efforts to reduce the...
Govt Secures $45M From World Bank To Deliver Sanitation Services
Ghana has secured $45 million from the World Bank to help deliver basic sanitation services...
Analyst Backs BoG’s Forced Retrieval Of Unpaid Eximbank Loans
Some Financial Analysts have lauded moves by the Central Bank to deduct money from commercial...
Developed Countries Are Ill-Equipped For Another Recession, Says Economist
Former US treasury secretary Lawrence Summers has warned that developed countries are badly equipped for...
Addiction To Video Games Qualifies As Mental Health Condition – WHO
The United Nations Health Agency has said obsessively playing of video games now qualifies as...
Android Now Lets Users Send Text Messages From Computers
Google is closing the gap between Android and iOS. In an update rolling out today,...
GCNet Makes GHS 8M Final Dividend Payment To Gov’t
As part of supporting government in revenue mobilization, the Ghana Community Network (GCNet), has paid...
Duty Rates And Taxes, ‘Killing Us’
The Ghana Union of Traders Association (GUTA) has called on the government to take a...