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...
China Promises To Protect Foreign Intellectual Property As Trump Threatens $60bn In Tariffs
China made further promises to protect the intellectual property (IP) of foreigners investing in its...
African Leaders in Rwanda To Sign Continental Free Trade Deal
African leaders are set to put their signature to an agreement that will launch the...
Interest Rates drop to 24.5%
Data published by the Bank of Ghana (BoG) shows that the industry average base rate...
Gov’t To Name JP Morgan, Three Others To Market Eurobond
Ghana appointed Citigroup Inc., JP Morgan Chase & Co, Bank of America Corp. and Standard...
Aker Energy Quickens Process To Start Oil Drilling In 2021
Norwegian oil company, Aker Energy, is hoping to start its oil exploration activities in Ghana...
Morocco Will ‘Soon’ Tender For $4.6 Billion Natural Gas Project
Morocco, which depends on imports for almost all of its energy needs, will soon tender...
Banking On Women Initiative To Accelerate Financing For Ghanaian Female Entrepreneurs
As the number of Ghanaian female entrepreneurs soars, the need for proper structures to enable...
GRA To Track Accounts Of Tax Evaders Home And Abroad
Parliament has given legal backing to a new bill that will enable the Ghana Revenue...
BoG To Implement Credit Market Development Programme
The Bank of Ghana (BoG) has signed a Memorandum of Understanding with FSD Africa (FSDA)...
Ghanaian Banks Lagging Behind On Cloud Software – IT Expert
Apart from Ecobank, the over 35 local banks operating in the country are yet to...