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...
Fastjet’s new CEO mulls smaller planes to revive Africa airline
Fastjet Plc’s new chief executive officer said he may replace the African discount carrier’s...
BoG must push banks’ consolidation – UMB CEO
The country’s banking industry is saddled with too many ‘small’ banks that lack capacity...
Fuel prices to go up by 2%
The Chamber of Petroleum Consumers has indicated that fuel prices are likely to increase...
Rice is fast becoming West Africa’s preferred food, as cities swell
After four decades of importing the staple, the region now aims to grow enough...
GCB Bank customers threaten to quit bank over poor customer service
Customers of the Asamankese branch of GCB Bank in the Eastern region have threatened...
Inflation climbs to 18.9% in May
The inflation rate for the month of May went up marginally to 18.9% from...
Yield exceeding 10% may lure investors to Ghana’s eurobond sale
With yields among the highest in Africa, Ghana may find plenty of takers searching...
Naira devaluation bets’ surge before Nigeria unveils new policy
Naira forward contracts surged to a record as traders anticipated Nigeria’s central bank would...
U.S. fund aims to raise $2 billion for Nigerian infrastructure
U.S. fund manager Pecora Capital said on Tuesday it will raise $2 billion over...
GITC bill expected to boost trade
The Ghana International Trade Commission (GITC) bill 2014, when passed, will increase foreign direct...