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...
Tullow says production vessel arrives in Ghana for field startup
Tullow Oil Plc, a British explorer focused on Africa, said an oil production and...
Toshiba shares rally on prospects of new loans
Toshiba shares rallied more than 10% on Thursday on reports the firm was about...
Parliament passes Ghana Export/Import Bank (EXIM) Bill
Parliament Wednesday passed the Ghana Export/Import Bank (EXIM) Bill into law. The passage of...
DKM wahala: Bank of Ghana to establish regional monitoring offices
Head of the Licensing and Resolution Office at the Bank of Ghana, Joseph...
‘Cedi to depreciate by 15% in 2016’
GHANA’S currency the cedi which depreciated by about 18.75 per cent against the US...
Nigeria to pass revised 2016 budget on March 17: lawmakers
Nigeria's parliament expects to pass the 2016 budget in Africa's biggest economy on March...
Goldman Sachs, MTN to invest in Nigerian e-commerce firm AIG
Africa Internet Group (AIG) has secured 225 million euros in funding from investors including U.S....
Why is Britain’s Barclays Bank pulling out of Africa?
As the UK bank Barclays announced its full year results, local markets were less...
Stanchart blames 2015 ‘below expectation results’ on difficult year
Standard Chartered Bank has blamed its 2015 full year results on "challenging and exceptional"...
MTN set aside $600 million toward fine amid settlement talks
MTN Group Ltd. put aside about $600 million for payment toward a record $3.9...