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...
Binatone partners Jumia to offer their full range online
Jumia, Ghana's leading online shopping mall, has entered into a partnership with globally renowned appliances...
Seth Terkper leads delegation to 2015 IMF-World Bank Spring Meetings
Finance Minister, Seth Terkper, is leading a Government delegation to the 2015 Spring Meetings of...
IMF Cuts Sub-Saharan Africa’s GDP Growth to 4.5% on Oil Plunge
The International Monetary Fund cut its economic growth forecast for sub-Saharan Africa this year by...
Barclays Bank to increase lending to businesses
Barclays Bank Ghana has promised to increase lending to businesses after a record financial performance for...
Govt denies $1 billion dollar loan talks with Bank of America
The Ministry of Finance has denied reports that government is seeking to borrow $1billion dollars...
Ceona and Seaweld form Ghana partnership
Ceona, SURF contractor with heavy subsea construction capabilities, has entered into a significant Joint Venture...
Ghana to switch from CFL to LED lighting
A new initiative which seeks to help in energy conservation is set to be rolled...
Gov’t using state enterprises for “proxy borrowing”- IFS
The Institute of Fiscal Studies (IFS) has rubbished government’s new policy to allow state agencies...
Fidelity Bank is fourth biggest bank in assets
Indigenous bank Fidelity bank saw its profits soar significantly in 2014. The bank is one...
MMDAs must patronize GRATIS machines- Spio Garbrah
The Minister of Trade and Industry, Ekow Spio-Garbrah, has called on Metropolitan, Municipal and District...