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...
Lagarde tells Nigerian lawmakers IMF does not back FX curbs
International Monetary Fund chief Christine Lagarde told Nigerian lawmakers last week Wednesday the IMF...
Institute of Taxation wants gift tax scrapped
The Chartered Institute of Taxation is impressing on the Ghana Revenue Authority to scrap the...
Blame new, revised taxes for sharp increase in prices of petroleum products- CBOD
The Chamber of Bulk Oil Distributors is asking business and the general public to blame...
Paris attacks cost €70m in December says Air France-KLM
Air France-KLM has said lower bookings after the Paris terror attacks led to a €70m...
Standard Life says it will vote against Shell BG tie-up
A key investor in Royal Dutch Shell has said the oil company's proposed takeover of...
Chinese markets start week with new falls
Last week's volatility has continued for Chinese shares which are down sharply again, leading Asia's...
SMEs rail against fuel price hikes
Small and Medium-Scale Enterprises (SMEs) across the country have bemoaned government’s recent decision to impose...
Union S&L gets banking license
The central bank has issued a provisional banking license to Union Savings and Loans, thus...
BoG: DKM used customers’ deposits for excessive capital expenditure
The Bank of Ghana has disclosed, that the embattled Sunyani-based DKM Diamond Microfinance Ltd, used...
BoG declares more probes of MFIs
The central bank has vowed to be even more stringent in its probing of Micro...