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...
Ex-workers Of GPHA Blame Mahama For Unpaid Benefits Since 2002
The over 3,000 ex-workers of the Ghana Ports and Harbours Authority (GPHA) whose full benefits have remained...
IMF Completes 5th, 6th Reviews: Approves $191m ECF For Ghana
The Executive Board of the International Monetary Fund (IMF) yesterday completed the fifth and sixth reviews...
BoG Reduces Ghana Reference Rate To 16.74% In May
The Bank of Ghana’s new Ghana Reference Rate for May 2018 is 16.74 percent. The...
Nana Addo Launches Nation Builders Corps, Pledges More Jobs For Youth
President Akufo Addo has said government is exploring other alternatives to create jobs for the...
Lending Rate To Remain High Despite Drop In Reference Rate
Lending rates of commercial banks may not be declining anytime soon despite the change in...
1Mill Jobs Created – Employment Minister
Minister for Employment and Labour Relations, Ignatius Baffour Awuah has announced that government has from...
Consumers Lament Cost Of Imported Burkinabe Tomatoes
The price of imported fresh tomatoes has sharply increased, as traders now have to travel...
World Bank Raises Concerns Over Africa’s Rising Debt Distress Risk
The World Bank says 18 sub-Saharan African countries are at "high risk of debt distress"...
Economic Gains Will Soon Translate To jobs — Ken Ofori-Atta
The Minister of Finance, Mr Ken Ofori-Atta, has stated that the government is working assiduously...
Investment Banker Cautions Against Real Estate …Profitability Slows Amid Low Occupancy
Despite the ever-widening housing deficit of the country, investment banker and Chief Executive Officer of...