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...
KPMG Cuts Ties With Zuma-Linked Guptas Amid Influence Probes
KPMG Southern Africa, a member of the global advisory network, has ended a 15-year...
Economic analysts express worry over growth decline in Sub-Saharan Africa
Analysts are worried over the drop in capital investment in Sub-Saharan Africa. The region...
South Africa’s rand vulnerable to political, economic uncertainty
South Africa's rand was weaker against the dollar in early Monday trade, despite broad-based...
Societe Generale wants big ticket transactions …increases stated capital to GH¢140m
Societe Generale Bank is hoping to rub shoulders with the big players in the...
Africa World Airlines unfazed by return of three local airlines
Africa World Airlines (AWA) has told Citi Business News the airlines does not feel...
Africa watches as Kenya prepares to test Eurobond waters
Kenya could become the first African country to tap global debt markets this year...
AFDB pledges half a billion dollars for African drought relief
The African Development Bank (AfDB) on Friday pledged half a billion dollar relief package...
Govt implores mining firms to halt layoff plans for 2016
Government has begun negotiations with mining companies in the country to halt any move...
Africa’s slight economic slowdown will not discourage investment, says DHL
Sub-Saharan Africa real GDP growth of +4% expected in 2016 - up from 2015...
Iran ‘welcomes’ but does not commit to oil output freeze
Iran's oil minister, Bijan Zanganeh, has welcomed the Saudi-Russian deal to keep a ceiling...