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...
US Federal Reserve holds interest rates
The US Federal Reserve has decided to keep interest rates at between 0.25% and...
BDCs increase fuel prices by up to 5%
Chamber of Petroleum Consumers Ghana has announced an increment in fuel prices at the...
More in store for African retail & consumer businesses – prospects remain positive: PwC report
PwC’s inaugural publication entitled ‘So much in store’ is an in-depth study into the...
Rising Debts in Sub-Saharan Africa-A Threat to “Africa Rising”
“Africa Arise” Africa, abounding in natural resources should not be on the deficit side of...
GCB Bank out with ‘GCB SME Loans’
One of Ghana’s largest banks, GCB Bank has shown its commitment to supporting small-...
Ivory Coast to see GDP growth of 8.5 pct in 2016: IMF
Ivory Coast's economy will grow by 8.5 percent this year, down slightly from from...
Cancel prospecting for gold in cocoa-growing areas
Alhaji Idris Hassan, Chairman of the Supreme Consultative Council of the Ghana Cocoa Board...
Kenya plans interest corridor to lower costs of credit: IMF
Kenya's central bank will align the interbank lending rates with its benchmark lending rate...
Britain’s Tullow makes new oil find in Kenya
Britain's Tullow Oil said on Wednesday it had made an oil discovery in Kenya,...
SMEs encouraged to use technology to drive innovation
The Director for Tigo Business, Stephen Essien, has called on Small and Medium Enterprises...