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...
ArcelorMittal sees rise in global steel demand
ArcelorMittal has forecast global demand for steel will stabilise as it reported improved quarterly...
Old mutual partners Ecobank to launch ‘EcoRetire’
Insurance giant, Old Mutual Ghana has partnered Ghana’s largest bank, Ecobank Ghana to unveil...
4,000 rice farmers benefit from AGRA funds
The Ghana Commercialization of Rice Project (G-CORP), through Agribusiness Systems International (ASI), with funding...
Emirates named the best airline – foreign company of the year
Emirates’ reputation, vision and innovation were recognised last Friday with a prestigious accolade at...
Tesla boosts mass market car production
Tesla Motors says it is on track to produce 500,000 vehicles in 2018, two...
BT to invest £6bn in faster broadband and mobile services
BT Group has outlined plans to invest £6bn over the next three years in...
European Central Bank to withdraw €500 note
The European Central Bank (ECB) says it will no longer produce the €500 (£400;...
GOIL launches rights issue
GOIL is raising GH¢155 million through a Renounceable Rights Issue which begun on May...
Office rent chokes businesses
Rising cost of office space rental in major business districts in the capital, has...
South Africa’s private-sector output falls further; more job cuts
Activity in South Africa's private sector shrank again in April, albeit at a slower...