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...
No panic over liquid challenge faced by banks – Economist
Economist, Professor Godfred Bokpin has allayed fears of liquidity challenge faced by some financial institutions,...
StanChart launches mobile banking push in Africa as rivals retreat
Standard Chartered is to launch its mobile and online banking platform in eight African...
Barclays Africa looks to insurance to support growth
Barclays Africa Group is expanding its insurance business through acquisitions to support growth, its...
Alpha Industries introduces new chocolate products
Beverages and confectioneries manufacturer, Alpha Industries Ltd., has introduced two new products—Top Choco Bread...
VW profit tumbles 20% in wake of emissions scandal
Volkswagen profit has tumbled 20% in the first three months of 2016 as it...
Investors ditch GH¢500m 3-year Bond
Ghana’s 500 million cedi three year bond issued last week was heavily ditched by...
Komenda sugar factory to be inaugurated today
President John Dramani Mahama is set to commission the new Komenda Sugar Factory today,...
GCB Bank’s profit down 10%, assets up 9%
One of Ghana’s largest banks by total assets, GCB Bank recorded mixed results in...
Bollore challenged by Geftarail for biggest West Africa railway
Niger has signed an agreement with Geftarail stating the company still holds the rights...
British Airways evaluates its Nigeria routes on traffic, dollar
British Airways is evaluating its routes to Nigeria, adding to aviation-industry pressure on the government...