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...
CAL Bank to slow down on aggressive lending this year
CAL Bank has become the latest financial institution to announce its intention to slow...
Huawei’s profit jumps as it makes headway beyond china
Huawei Technologies Inc.’s profit surged 33 percent in 2015 after the China’s largest maker...
Tesla Model 3 pitched as an ‘affordable’ electric car
Tesla has unveiled its much-anticipated Model 3 electric car – its lowest-cost vehicle to...
Price of maize goes up, tomatoes drop
Ghanaians should expect to pay more for maize and products made from the commodity...
IMF cuts Nigeria growth forecast again amid oil slump
The International Monetary Fund (IMF) said on Thursday that it has again cut its...
‘Ghana needs Nigeria gas beyond TEN projects’
Petroleum Minister, Emmanuel Armah-Kofi Buah has confirmed that the country cannot wean itself completely...
Oil prices fall on oversupply worries, firmer dollar
Oil futures fell on Friday as oversupply, a strengthening dollar and weaker Asian stock...
Egypt blocked Facebook Internet service over surveillance – sources
Egypt blocked Facebook Inc's (FB.O) Free Basics Internet service at the end of last...
China’s Anbang abandons $14 billion bid to buy Starwood Hotels
China's Anbang Insurance Group Co said on Thursday it has abandoned its $14 billion...
Uber CEO must face price-fixing lawsuit by passengers: U.S. judge
Travis Kalanick, chief executive officer of Uber Technologies Inc, failed on Thursday to win...