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...
IMANI Ghana Cautions Gov’t Over Tax Increase
IMANI Ghana, a Policy Think Tank, has kicked against attempt by government to impose additional...
SSNIT Recommits To Addressing Housing Challenges In Ghana
The Social Security and National Insurance Trust (SSNIT) says it was gearing up to complete...
Surge In Cryptocurrencies Driving Virtual Money Laundering
The Rising spate in the theft of cryptocurrencies is driving the surge of a new,...
Ghana Stock Market; Financial Sector Dominant
The Financial Sector dominated the stock market, as indices point northwards leading to improved performance...
ADB Shares: BoG Cancels Shareholdings Of Belstar Capital, 3 others
The Bank of Ghana (BoG) has annulled the acquisition of all shares held by four...
World Bank Supports Ghana With $60M To Improve Energy, Tourism Sectors
The World Bank last Friday approved two International Development Association (IDA) credits of $60 million for...
BoG Bars MFIs From Digital Space Until They Pass ‘Test’
Microfinance companies interested when introducing digital products and services, including agency banking and mobile money,...
Stanbic Bank Saves GH¢472,091 Through Renewable Energy
Stanbic Bank Ghana has saved GH¢472,091 on energy and has avoided grid costs of GH¢1,849,325...
No Fishing In August- Gov’t Declares
Government has announced a closed season for the month of August, during which no fishing...
Expired Contracts Of Bank CEOs, Board Chairs Not To Be Renewed Next Year
The Bank of Ghana has renewed the enforcement of the new corporate governance rules for...