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...
Bank of Ghana governor plans to fight inflation, boost growth
Ghana's new central bank governor has said his top priority is to fight inflation,...
IMF cuts global growth outlook again, warns of political risks
The International Monetary Fund warned on Tuesday of the risk of political isolationism, notably...
World Bank set to provide Egypt with first $1 billion of $3 billion loan
The World Bank will provide the first $1 billion tranche of a $3 billion...
Empowerment law confusing investors – Mugabe
Zimbabwe's black empowerment policy that aims to tranfer majority shares from foreign-owned firms to...
Market risks hold back PPPs
Efforts at attracting public-private investments into critical sectors of the economy—specifically the dominant agriculture...
Kenya Airways voted Africa’s Leading Airline by WTA
Kenya Airways has been adjudged Africa’s Leading Airline 2016 at the World Travel Awards...
World’s Once-Biggest Gem Field Idle; $13 Billion Missing
At Zimbabwe’s biggest diamond field, cattle that strayed through a sagging fence graze unattended...
Tesla Tested by Enel to Buffer Rising South African Power Costs
Enel Green Power SpA, the renewable energy unit of Italy’s biggest utility, is rolling...
Ghana Entrepreneur and Business Support Awards come off April 29
The sixth EFG-Ghana Entrepreneur Awards (GEA) and Entrepreneur’s Business Support Awards Dinner takes place...
Italian investors to construct mini dams in Volta Region
Italian investors from Ambiente Pressagio are expected to begin the construction of mini hydro...