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...
Ekumfi Juice Factory Progresses Steadily; 650 Acres Of Pineapple Cultivated
The Ekumfi Pineapple Processing Factory, the first factory to be constructed under the government’s ‘One...
Ghana Airports Moves To Service Loans Secured For Terminal 3 Project
Ghana Airports Company Ltd says it has already commenced repayment of loans secured for the...
Trader Associations Weep Over ‘Back-Door’ Taxes
It appears government’s decision to impose a 17.5 percent VAT on mobile phones is causing...
Banks To Publish Bank-Specific Cyber Security Policies Soon – BOG
The Governor of the Bank of Ghana, Dr. Ernest Addison has disclosed that, banks in...
Key Agencies To Help BoG Investigate Unibank
The Bank of Ghana (BOG) is to rope in key agencies to aid with investigations...
Govt Suspends Import VAT On Phones, Day Old Chicks, Others
Government has suspended the charging of import VAT on some 64 commodity groups effective Wednesday,...
BoG Finalizing Report On UT, Capital Banks Collapse
The Bank of Ghana (BoG) has stated that it is finalizing a report that will...
No More Bank Takeovers Expected – BoG
The Bank of Ghana says it does not expect any more banks to become so...
Medication ATMs launched In South Africa, Patient Waiting Times Cut To Under 3 Minutes
An ‘ATM pharmacy’ that gives patients with chronic illnesses their repeat medication in under three...
Africa Well Positioned To Exploit eCommerce Growth-DHL
Steve Burd, Vice President of Sales for DHL Express Sub-Saharan Africa, believes the rapid rise...