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...
Ghana To Regain Permission To Fly Airline To US By Year End
Barring any last minute hitches, Ghana will regain its Federal Aviation Administration (FAA) Category one...
SEC Probes 10 Investment Firms Over Failure To Pay Returns
The Securities and Exchange Commission (SEC) has said it has commenced investigations on 10 licensed...
Ecobank Reaches GHS400m Capital Requirement
Shareholders of Ecobank Ghana have voted for the bank to transfer 190 million cedis from...
Gov’t To Support Mortgage Industry With $1billion
Ghana’s maiden thirty year bond, which attracted a billion dollars from investors will be channeled...
Gov’t Targets Interest Cost, Raising Revenue After Eurobond
After selling $2 billion of Eurobonds, Ghana will prioritize lowering its interest burden and raising...
Nigeria: AfDB Approves $1.5 million Grant For Jigawa Solar Project
The African Development Bank (AfDB) has approved a US$1.5 million grant from the Sustainable Energy...
Talks To Construct 450.000m/t Cocoa processing Factory Gain momentum
Ghana and China are in talks to establish a 450,000 metric tonne cocoa processing factory...
‘Home-Used’ Furniture Leaves Local Industry A Poor Second
These days, imported furniture – no matter how well-used and dirty – is more appealing...
New Airports for Cape Coast, Takoradi
New airports are to be constructed in Ghana’s tourism hotspot, the Central Region, and the...
Bawumia Bets Future Of Economy On Mobile Money
Vice-President Dr. Mahamudu Bawumia has predicted that fortunes of the local economy could be transformed...