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...
NIB capital injection good…but enhanced corporate governance must take precedence
Government’s decision to revive state-owned lender National Investment Bank (NIB), as outlined in the 2024...
T-bill yields near plateau amid shifting pricing, falling inflation
Yields on the spectrum of money market instruments, spanning the 91-day to 364-day Treasury bills...
BoG urges borrowing public to do due diligence
The Head of Conduct Supervision-Bank of Ghana (BoG), Augustine Amoako Donkor, has urged the borrowing...
Continued growth of Africa’s FinTechs can unlock greater economic prosperity
Africa is one of the fastest growing FinTech markets with revenue forecasted to grow 13...
DDA calls for review of L.I 2462 to deter mining in forests
The Denkyira Development Association (DDA) is of the conviction that the Legislative Instrument (L.I) 2462...
AFIS charts course for Africa’s financial empowerment
Ramatoulaye Goudiaby, Director of the Africa Financial Industry Summit (AFIS), emphasized the pivotal role of...
Ecobank and AGF seal US$200mn risk-sharing deal
Ecobank Group and the African Guarantee Fund (AGF) have inked a US$200million risk-sharing agreement aimed...
Continued growth of Africa’s FinTechs can unlock greater economic prosperity
Africa is one of the fastest growing FinTech markets with revenue forecasted to grow 13...
Gov’t announces GH¢220m for Akosombo Dam spillage victims
Government has allocated GH¢220million to support the relief phase for communities affected by the Akosombo...
ECL launches ‘smartCover’ for insurance industry
To harness the power of technology, Enterprise Computing Ltd. (ECL) has created a digital platform...