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...
GH₵25M Legacy Debt ‘Killing’ Ghana Post
A 25 million cedi legacy debt which was accumulated between 2012 and 2016 by the...
Banks Consolidation Should Not Bring About Job Losses – Labour Warns
The Ghana Trades Union Congress (TUC) has welcomed a recent consolidation of five struggling banks...
Banana Producers Warn Of Threat
Banana producers have said competition from Latin America, where production levels are very high with...
17 Arrested For Smuggling Petroleum Products
The National Petroleum Authority (NPA) in collaboration with National Security and the Ghana Armed Forces...
Collapsing Troubled Banks Is ‘Unpleasant But Needful Decision’- BoG Governor
Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has revealed that the decision...
1D1F: 36 Factories To Be Operational Soon-Prez. Akufo-Addo
President Akufo Addo has said a total of 36 factories under the ‘’One District One...
Why Companies Are Still Failing Their Customers?
According to Merijn te Booij, chief marketing officer at Genesys, even the merchants of...
Africa Banks Eager To Introduce ‘WhatsApp Banking’
African banks are increasingly looking to integrate WhatsApp as a viable channel through which to...
SEC To Establish Exchange Market For Agric Sector
The Securities and Exchange Commission (SEC) has announced plans to establish an exchange market for...
Gov’t To Offload Shares In Consolidated Bank In 2 years – BoG
Within a period of two years, government will offload its shares in the newly created...