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...
Uber attracts $3.5bn from Saudi Public Investment Fund
Uber has attracted a $3.5bn (£2.43bn) investment from Saudi Arabia's Public Investment Fund. The...
Airline industry profits ‘to jump 12% in 2016’
Global airline industry profits are expected to jump by almost 12% in 2016, the...
Coffee sector at the cross-roads
The country’s coffee sector is at a vital crossroad as it remains to be...
South Africa gets $588 million loans for 100 megawats solar project
Engie SA arranged 9.2 billion rand ($589 million) in loans for a 100-megawatt solar...
Ghana: Most hotels have poor online presence
A study conducted by GN Research has revealed that 81 percent of Accra’s hotels...
Inadequate infrastructure undermines Ghana’s rice production
Efforts at increasing local rice production to curb over-reliance on importation of the commodity...
Task force to monitor counterfeit and illicit trade
The government is to establish a new national task force to monitor counterfeiting and...
Nigeria said to plan bond talks as naira move looms
Nigerian officials are meeting bond investors in London next week, according to a person...
Komenda Sugar Factory requires 225,000mt of Sugar Cane
The newly-inaugurated US$36million Komenda Sugar Factory requires 225,000 metric tonnes of sugarcane every other...
Stability clauses in petroleum agreements to cause revenue losses
Tax analyst, Abdallah Ali Nakyea has warned that Ghana risks losing revenue accruing from...