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...
Tigo unveils new tagline to promote digital lifestyle agenda
Ghana’s first mobile telecom operator, Tigo Ghana has launched a new tagline to reflect its...
FirstRand cutting back on credit as bad debt cycle turns sour
FirstRand Ltd., Africa’s biggest bank by value, has cut back on extending credit because...
EDAIF, EFC to merge into new EXIM bank
Export Finance Company into the new Ghana EXIM, a report by the Finance Committee of Parliament has revealed....
Sahel Sahara Bank pursues a pan-African growth agenda …reflects on interesting journey so far
Many financial institutions entered the Ghanaian market with pomp and pageantry and aggressively pushed...
MTN rewards Callertunez winners
MTN Ghana, at a short ceremony in Accra, has presented prizes to winners of...
Former Barclays boss to buy bank’s stake in Africa
Former Barclays Chief Executive, Bob Diamond, is lobbying investors to back a takeover bid...
Kennedy Uzoka heads UBA Group
The UBA Group Board has approved the appointment of Kennedy Uzoka as its new Group Managing Director with effect from...
StanChart comments on 2015 full-year results
Standard Chartered Bank Ghana Limited made an underlying operating income of GH₵531m, up 2 percent...
Nigeria to break up loss-making state oil firm NNPC
Nigeria's loss-making state oil giant is to be broken up into 30 "profit-making" companies, the...
Ghana pays 24.75 pct yield on five-year domestic bond
Ghana sold 746.4 million cedis ($193 million) of a new five-year domestic bond on Thursday at a...