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...
Tullow Oil cuts deeper as banks agree to amend loan terms
Oil and gas producer Tullow Oil has reduced its annual capital expenditure budget by...
Stakeholders discuss agriculture financing
Mr Seth Terkper, Minister of Finance and Economic Planning, on Tuesday said the country’s...
Nintendo to sell stake in Seattle Mariners baseball team
Japanese gaming company Nintendo plans to sell its majority stake in the US baseball...
Nikkei falls and yen surges as Japan holds interest rates
Japanese shares fell and the yen surged after the Bank of Japan decided against...
Facebook triples quarterly profits
Facebook shares have jumped after reporting a tripling of first quarter profits from a...
Ghana revised 2015 GDP growth rate slips to 3.9 pct -stats office
Ghana's revised 2015 gross domestic product growth rate stood at 3.9 percent with oil...
World Bank and Nigeria president discuss economic crisis, Abacha loot
The World Bank's managing director and Nigeria's president on Wednesday discussed how the multilateral...
Bob Diamond confirms the rumours: He wants Barclays Africa back
Bob Diamond confirmed months of speculation: after a four-year enforced break, he wants back...
Farmers urged to adopt modern technology
The National Farmers and Fishers Award Winners Association of Ghana (NFFAWA) has encouraged Nucleus...
Egypt buys 99,646 tonnes of local wheat since start of season
Egypt's Agriculture Ministry said on Wednesday the government had procured 99,646 tonnes of local...