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...
Cenpower project 42% complete
The 350MW Kpone Independent Power Plant, which is being built by Cenpower Generation Company...
South African inventor wins Vodacom ‘Please Call Me’ battle
A South African man has won his legal bid to force leading mobile phone...
Toshiba posts $6.2 billion loss after writing down Westinghouse
Toshiba Corp. posted a wider-than-forecast operating loss after the troubled conglomerate wrote down the...
Investment bankers call for measures to check possible terrorism funding
Some investment bankers are calling for structures to be put in place to ensure...
Mitsubishi Motors admits using wrong tests since 1991
Mitsubishi Motors has said it has used fuel consumption tests that broke Japanese rules...
South Africa’s Pick n Pay posts rise in FY results on cost cuts
South African grocer Pick n Pay posted a 26.4 percent rise in full-year profit...
CLOGSAG to resist e-zwich payment system for public servants
Citi Business News has learnt the Civil and Local Government Staff Association (CLOGSAG) may...
GHc500m domestic bond ill-timed —Economist
A Senior Economist at the University of Ghana, Dr. Ebo Turkson, has described government’s...
Housing developers want ‘EDAIF-Type’ fund
Real estate developers have called on government to set-up a special fund in the...
Petroleum Minister lauds new energy-saving equipment
The Petroleum Minister, Mr Emmanuel Armah-Kofi Buah, has lauded the introduction of Ultra -...