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...
GRA Sets Up ‘tax clinics’ To Educate Public On Tax Policies
The Ghana Revenue Authority says it is establishing tax clinics in public places for continued...
COCOBOD Gets 45-tonner Reachstackers
Ghana Cocoa Board (COCOBOD) has purchased three 45-tonner Reachstakers (SMU 4535) to enhance its port’s...
President Meets Local Banks Over Extension Of Recapitalization Date
Citi Business News understands that the President, Nana Addo Dankwa Akufo Addo, has met some...
Oil Export Companies Reduce From 30 to 3 Following NPA Measures
Stringent measures introduced by the National Petroleum Authority (NPA) to curb smuggling of petroleum products...
US$50m Grant For James Town Fishing Port Complex Project
The Ministry of Finance has signed an agreement with the Chinese government for a US$50...
Ghana-China Trade Imbalance Hits US$6.67bn
The volume of trade between Ghana and her largest trading partner China, hit US$6.67 billion...
BoG Introduces New Benchmark Rate For Bank Lending
The Bank of Ghana, BoG, has introduced a new benchmark interest rate to serve as...
Aquaculture For Food And Jobs To Be Launched In May
The Ministry of Fisheries and Aquaculture Development (MoFAD) has said it will launch its flagship...
Investment Marketplace To Accelerate Africa’s Economic Transformation – AfDB
To help Africa find the path to its long-deserved economic fortune, the African Development Bank...
GN Bank Secures $20m From OPIC To Drive Expansion
GN Bank Ghana Limited, a Groupe Nduom company has obtained $20 million funding from the...