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...
Fuel imports drop to $1.9 billion
A $1.1 billion drop in the petroleum products import bill in 2015 is a...
Gov’t to issue US$2bn bond to help clear power firms’ debt
Ghana plans to issue a 10-year syndicated US$2billion bond before year-end to clear legacy...
Banks need to have sufficient capital to absorb unexpected losses
Banks must have sufficient capital to absorb unexpected losses and enough liquidity to meet...
Monkey causes nationwide Kenya blackout
A single monkey caused a nationwide blackout in Kenya after falling on to a...
Anti-terror app launched in France ahead of Euro 2016
With few days to Euro 2016 tournament, French government has launched a smartphone app...
Developing National Standards for TVET in Oil and Gas
The Western Region Coastal Foundation (WRCF) organised a multi-stakeholder meeting, early May, to help...
NIB operating income up by 51.86%
The National Investment Bank Limited (NIB) grew its Total Operating Income by 51.86% to...
#CitiBizFestival: ICT industry’s biggest event MOBEX takes off today
The biggest event in the ICT industry, the African Mobile and ICT Expo, MOBEX,...
Angolan State Oil Producer uncovers $50 Billion hole
Angola will investigate reports of a $50 billion shortfall in the accounts of the...
Desperate for funding, Nigeria prepares to face Bond Investors
The odds are stacked against Nigeria as it looks to raise debt on the...