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...
ADB to roll out modalities to refund IPO shares soon
The Agricultural Development Bank (ADB), has assured subscribers of the IPO that its transaction...
GNPC to create ‘Energy City’
The Ghana National Petroleum Corporation (GNPC) plans to develop an “Energy City” to house...
BoG outlines new forex rules
The Bank of Ghana has introduced new foreign exchange rules that will from July...
HFC Investments post strong 2015 results
HFC’s four investment trusts have braved the tough economic conditions alongside a weak performance...
Anglogold Ashanti defends dragging Ghana to international arbitration centre
Mining giant AngloGold Ashanti has justified dragging Ghana to the International Centre for Settlement...
Military obtains license to operate Savings & Loans company
The Bank of Ghana (BoG) has finally given the military the go ahead to...
Oil rises despite Opec failure to cap output
The price of oil rose slightly despite a meeting of the Opec oil producers'...
Komenda Factory shut down for six months; Minister explains
The Komenda Sugar Factory has been closed down for maintenance six months, two days after...
Capital SME initiative launched to help SMEs access finance
The British High Commission, in conjunction with a working group of local and United...
Standard Chartered launches Africa’s most extensive roll-out of mobile and online banking
Standard Chartered Bank is bringing its newest mobile and online banking platform to 1...