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...
Bankers See Lower Interest Rates – Ghana Reference Rate Now 16.19%
Bankers, under the umbrella of the Ghana Association of Bankers (GAB), are optimistic that cost...
Rise In Public Debt Stifling Growth
Sub-Saharan Africa is confronting a pronounced rise in public debt. At the end of 2017,...
GH¢3.68m Oil Money ‘Wasted’ On Abandoned Berekum-Sampa Road
An allocation of GH¢3.68million oil money made in 2016 to support reconstruction of the Berekum-Sampa...
A Roadmap For African Industrialization
Africa is at a crossroads. Six of the world’s ten fastest-growing economies are now located...
Reduction In Spare Parts Prices Will Not Impact Transport Fares
The Abossey-Okai Spare Parts Dealers Association have ruled out any reduction in transport fares due...
Islamic Scholars Urge BoG To License Islamic Banking
Some Islamic scholars are urging the Bank of Ghana(BoG) to license Islamic banking in Ghana...
Newmont, Others Fined $ 2.7M Over Ahafo Mines Accident
A committee set up by the Ministry of Lands and Natural Resources to investigate the...
Foodstuff Prices Go Up By 7% In May – Esoko
Prices of foodstuff have gone up by at least seven percent between April and May...
ECG Privatisation Faces Another Legal Tussle
Plans by the government to have a private entity manage the affairs of the Electricity...
Why Africa Cocoa Growers Are Having An OPEC Moment
The world’s top cocoa producers have long been at the mercy of traders who set...