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 Sees Ethiopia Beating Ghana As Fastest-Growing Africa Economy
Ghana has lost its mantle as the African economy likely to grow the quickest this...
Asamoah Gyan Signs New Business Deal
The business holding name for Black Stars Captain, Asamoah Gyan, Gyan Investment Ghana Limited Group,...
Ghana’s Debt Nears Distress Levels – World Bank
Ghana stands a high risk of returning to a debt distress situation if it fails...
AfDB, AIMS To Transform Industry-led Research In Africa
The African Development Bank and the African Institute of Mathematics and Sciences (AIMS) have initiated...
Banks’ Prudent For Shunning T-bills For Bonds – Moody’s
Moody’s ratings agency has said the decision by banks in the country to move away...
Government Has Final Approval For Meralco To Manage ECG
Even though Meralco Consortium led by the Manila Electricity Company of the Philippines has been...
BoG Justifies GH¢2bn Bond Issue To Clear UT, Capital Banks Liabilities
The Bank of Ghana (BoG) has justified the need to issue a bond to cater...
AngloGold Ashanti Searches For New CEO
EVEN before the departure of its Chief Executive Officer (CEO), AngloGold Ashanti has begun the...
HFC Bank Now Republic Bank
EFFECTIVE Tuesday, April 24, 2018, HFC Bank will be known as Republic Bank.This follows approval...
GH¢2.6bn Lost To Import Exemptions In 2017
Last year, import exemptions granted to foreign companies and other institutions rose by 15.5 per...