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...
Foxconn replaces ‘60,000 factory workers with robots’
Apple and Samsung supplier Foxconn has reportedly replaced 60,000 factory workers with robots. One...
Gov’t issues 3-year GH¢500 million fixed-rate bond
Government has issued 3-year GH¢500 million fixed-rate bond through an auction process on Thursday...
Industries welcome suspension of ‘killer’ electricity software
The Ghana Chamber of Commerce and Industry (GCCI) has described as a step in...
Twitter big changes; more room to tweet
Twitter is making some big changes, at least in the context of 140 characters...
Oil prices push closer to $50
Oil futures pushed closer to $50 a barrel on Wednesday, with U.S. crude hitting...
MICROINSURANCE TO TRANSFORM GHANA’S INSURANCE SECTOR, BUT DELIVERY LIMITS EXPANSION
Statistics attest that Ghana insurance sector performance currently is far below average despite heavy...
Sony sees weaker-than-expected annual profit on quake damage
Japan's Sony Corp on Tuesday forecast weaker-than-expected earnings this year after partially halting production...
GREDA presses gov’t to enforce policies on local raw material usage
The Ghana Real Estate Developers’ Association (GREDA) is demanding that government immediately considers implementing...
South Africa- Consumers under pressure as costs rise
Tiger Brands Ltd. said the risk of higher inflation will place pressure on South...
Africa losses US$38 billion to tax evasion-report
The Africa Progress Panel has reported that Africa loses over US$38billion of its tax...