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...
Stop attributing unattainable profit targets to macroeconomic challenges
It is now a common occurrence, especially within the banking sector, to read financial reports...
Chip-embedded passport by end-2017
Ghana is racing against time to meet the International Civil Aviation Organisation (ICAO) ultimatum...
Pressure mounts on Bank of Ghana to recover money for depositors
The immediate past Executive Secretary of Corporate Initiative Ghana, organisers of the Ghana Banking Awards,...
Gov’t faces GH¢800m loss on oil price fall
The fall in crude oil prices to about US$32 per barrel could mean that government...
Kasapreko to generate 1.5mw of solar power for production plant
Plans have been initiated to install solar panels that would generate about 1.5mw of power...
Gov’t to rake in GH¢3.2bn from new levies
The new levies slapped on petroleum products will squeeze out of consumers an incremental...
Stanbic Bank lauded for championing exceptional banking experience
Stanbic’s Private Banking Customers have lauded the bank for continuously rolling out innovative products...
Govt to issue 500million cedi 3 year bond today
Government will today Thursday 7th January issue its first bond for 2016. The bond which...
Carry forward losses only applicable from 2016- GRA
The Ghana Revenue Authority (GRA) has announced the aspect of the new tax law to...
Taxes on interests likely to affect domestic borrowing- SEC
The Securities and Exchanges Commission (SEC) has expressed surprise at government’s decision to charge one...