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...
Obama lauds Ethiopian Airlines’ growth
President Barak Obama and Group CEO of Ethiopian Airlines, Mr. Tewolde Gebre Mariam, held discussions...
Court orders Ivory Finance to return SIC vehicles
The Commercial Court on Friday, July 31, 2015 upheld a relief sought by lawyers of...
PURC orders GRIDCo to defer maintenance exercise
The Public Utilities Regulatory Commission (PURC) has asked the Ghana Grid Company (GRIDCo) to defer...
Tigo staff hit streets to interact with customers on ‘Lion’s Day’
Over 700 employees...
Producer prices inflation surges in June
The annual producer price inflation rose sharply to 23.1 percent in June 2015, representing an...
Tullow records another loss in earnings
The fortunes of Tullow Oil continues to decline as the oil giant recorded a loss...
World Bank approves largest ever guarantees for Sankofa Gas Project
The World Bank has approved a US$700million guarantee component of the Sankofa Gas Project, as...
Financial sector needs more indigenous IT companies – GhIPSS
The Chief Executive Officer of Ghana Interbank Payment and Settlement Systems (GhIPSS), Mr. Archie Hesse,...
Barclays records 25% rise in profits
Barclays bank has reported a 25% rise in statutory pre-tax profits to £3.14bn for the...
Producer Price Inflation for June stands at 23.1%
The Producer Price Inflation (PPI) rate for June 2015 increased to 23.1 percent indicating that...