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...
President Decries Low Per Capita Income
President Nana Addo Dankwa Akufo-Addo has emphasised that the quest for a new prosperous Ghana,...
Agric Focus Of Adb Intact Despite Takeover; UniBank Assures
uniBank has given the assurance that Agric Development Bank (adb) will retain its focus on...
Ghana Drops To 5th In Best Place To Invest In Africa ranking
Ghana has dropped in the latest ranking of best investment destinations in Africa, the Rand...
Strike To Hit Ghana’s Mining Industry As GMWU NEC Meets Over Goldfields Blues
Information reaching www.thebftonline.com indicates that, tension is brewing at Goldfields Ghana Limited (Tarkwa Mine) over...
Barclays MD Allays Job-Cut Fears …Targets 100 Percent Growth In Five Years
Barclays Bank Ghana has stated that its decision to rebrand to Absa will not lead...
UniBank Takes Over ADB
In an unexpected move that could be the beginning of a restructuring of the local...
Cutting 2018 Eurobond Will Affect Gov’t Projects
Major government economic policies are set to suffer a setback if demands by the International...
PURC Reduces Electricity Tariffs; 17.5% For Homes, 30% For Businesses
The Public Utilities Regulatory Commission (PURC), has announced a general reduction in electricity tariffs effective...
IMF Urges Gov’t To Pass New Taxes
Ghana must legislate new measures to boost revenues by at least 0.5 percent of gross...
AFDB And Mozambique Sign US$ 29 Million Grant To Finance Agriculture, Skills Acquisition Projects
The African Development Bank and the Government of Mozambique signed grant agreements for two operations...