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...
PaySwitch To The Rescue With Lower Payment Solutions
Payment solutions company, PaySwitch, has disclosed that it is committed to improving payment systems in...
Extend Recapitalization Deadline Or Reduce Amount – ICU
The Industrial and Commercial Workers Union (ICU) wants the Bank of Ghana (BoG) to extend...
Is Africa Fertile Ground For Blockchain Crowdfunding and Development?
Despite skepticism around Initial Coin Offerings (ICOs), blockchain-led FinTech company Finterra plans to introduce a...
Flights Grounded As Brussels Airlines Pilots Begin Strike
Pilots at Lufthansa subsidiary Brussels Airlines staged the first of two planned days of strikes...
Ecobank Tops In Revenue And Deposits In 2017
Despite a challenging operating environment in 2017, Ecobank Ghana Limited recorded a total revenue of...
Business Owners Rush For TIN
Business owners who lost contracts recently due to their inability to provide Tax Identification Numbers...
Claims That NDC Was To Commit GH¢4.6 Billion To ‘MoMo’ Transactions False
Former Governor of the Bank of Ghana, Dr Nashiru Issahaku has responded to the claim...
Gov’t Gets Tough On Pirated Textiles, Foreigners In Retail
The Ministry of Trade and Industry has inaugurated two committee to help fight against the...
Financial Institutions Look To Dubai To Meet Capital Requirements
A delegation of business leaders – drawn mainly from the financial sector and government officials...
22 Factories Benefit From $400m Chinese Funding
The Trade Ministry has announced that the twenty-two factories that will be built with the...