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...
$90 Million Loan Facility For UESD Bunso Campus Approved by Parliament
Parliament has approved a $90 million loan facility for the construction of a satellite campus...
2M SHS Student Entrepreneurs To Be Supported By Gov’t
Government is to support two million student entrepreneurs in Senior High Schools (SHS) over the...
BoG’s Action Has Not Affected Our Operations – SIC
Management of SIC Financial Services Limited (SIC-FSL) says the recent corrective measures taken by the...
Tullow Oil Liable For Additional €43.7M Over Ghana Contract Row
Irish explorer Tullow oil has been found liable for $50.8 million (€43.7 million) of costs,...
BoG Begins Economic Assessment Today
The Monetary Policy Committee (MPC) of the Bank of Ghana will today (Wednesday) start its...
No VAT Increase In Mid-Year Budget Review-Sources
Proposed increases in the rate of value-added tax (VAT) have been frozen, sources close to...
Audit Service To Undertake Procurement, Contract Audit
The Ghana Audit Service (GAS) is to undertake procurement and contract audit to ensure that...
GN, Premium, Sahel Sahara Bank Conclude Merger Talks
Three banks, GN Bank, Premium Bank and Sahel Sahara Bank, have concluded a merger deal...
Ghana Stock Exchange Suspends Trading In ADB Shares
The Ghana Stock Exchange has suspended the trading in the shares of ADB Bank, following...
Ghana Loses US$2.4bn annually On Food Importation
The Minister of Finance, Mr Ken Ofori-Atta, has revealed that food imports cost the nation...