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...
South Africa’s business confidence rises to 81.2 in March
South Africa's business confidence continued its recovery in March after falling to its lowest...
Samsung sees 10% jump in first quarter operating profit
South Korea's Samsung Electronics is forecasting a 10% jump in operating profit for the...
Fidelity Bank and Prudential launch innovative insurance solutions
Fidelity Bank Ghana Limited and Prudential Life Insurance Ghana have launched innovative insurance solutions...
GE Oil & Gas reinforces commitment for energy sector
GE Oil & Gas’ global footprint is a key asset in underpinning growth and...
Call charges increase to 10-yr high …as operators battle high cost of operations
The bills of mobile phone consumers have soared since the beginning of this year,...
2,000 m/w coal power plant project to commence
A US$1.5 billion coal power plant to be built at Ekumfi Aboano in the...
NYU Graduates Seeking $11 Billion of Gold in Ransacked Mine
At Blyvooruitzicht, a 77-year-old gold mine southwest of Johannesburg, almost everything had been stolen...
Ford invests $167 million in South Africa for Everest SUVs
Ford Motor Co. will invest 2.5 billion rand ($167 million) in the U.S. automaker’s...
Importation of day-old-chicks from Ghana’s neighbours banned
The Food and Agriculture Ministry has banned importation of day old chicks, eggs and...
Japan’s NEC, Angola to build Africa-South America subsea fiber cable
Telecoms operator Angola Cables S.A. and Japan's NEC Corp said on Wednesday they will...