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...
IMF Commends BoG For Banking Sector Clean Up
The International Monetary Fund (IMF) has described the recent Bank of Ghana action on...
Firms To Face Chaos If Britain Succumbs To ‘No-Deal Brexit’
British firms trading with the EU will face a tangle of red tape, possible...
Meet The 38 Year-Old Entrepreneur Who Built A $1 Billion Oil Company In Ghana
Even in the bloated-budget world of oil exploration, $70 million is a lot of money....
Africa Imports $35 billion Worth Of Food – Finance Minister
Africa holds 60 percent of the world’s arable land and yet imports $35 billion worth...
Mobile Money Now Leading Non-Cash Payments Platform
Data released by the Bank of Ghana last week reveals that mobile money is now...
Consolidated Bank Sacks Over 400 Former Beige Bank Staff
At least 400 workers of defunct Beige bank are set to exit the company from...
New Dev’t Bank In The Offing – Ofori-Atta
Minister for Finance, Ken Ofori-Atta has revealed that there are plans to have another development...
KIA Records Increasing International Operations – Report
The number of International airline operations at the Kotoka International Airport (KIA) has increased from...
Freight Forwarders Strike Over CTN
Freight forwarders are embarking on a strike today [August 27, 2018] to protest against the implementation of...
Nigeria: Economic Growth Slows As Oil Production Slumps
Nigeria’s economic growth slowed in the second quarter as oil production fell. Gross domestic product...