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...
Ghanaian Named As Louis Vuitton’s New Creative Boss
Virgil Abloh, the founder of streetwear brand Off-White and Kanye West's creative director, has been...
Parliament Approves Govt’s $2.5 Bn Eurobond
Parliament has approved government’s 2.5 billion dollar Eurobond to finance major government infrastructure. The proceeds...
GCB Expands Saturday Banking To 7 More Branches
GCB Bank’s has expanded Saturday banking services to seven more of its branches across the...
Police Uncover Online Investment scam
The Cyber Crime Unit of the Criminal Investigations Department (CID) of the Ghana Police Service...
GIPC To Exceed $10bn Target For 2018
The CEO of the Ghana Investment Promotion Centre (GIPC) Mr. Yofi Grant says the center...
Ghana’s Debt Hits GH¢142.5bn, Reaches 69.8% Of GDP
New figures released by the Bank of Ghana (BoG) after its Monetary Policy Committee (MPC)...
Microfinance Clients’ Get Worse-Off With Longer Stay With Institutions – Report
Clients of microfinance institutions are estimated to become worse-off financially, by way of longer stay...
BoG Enforces Separation Of Powers With New Directive
No one individual shall have unfettered powers of decision in any regulated financial institution.” As...
Uber Is Pulling Out Of Another Market
Uber Technologies Inc. has agreed to sell its Southeast Asian operations to Grab, withdrawing from...
272 Financial Institutions In Distress
The Bank of Ghana (BoG) says about 705,396 depositors of distressed or collapsed microfinance institutions...