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...
5-year cedi bond slightly oversubscribed
Government has successfully issued its 5 year cedi denominated Treasury bond. Government was looking to...
Tigo insurance pays GH¢4.5m in more than 6,000 claims
Tigo Insurance scheme has paid over GHC4.5million in more than 6,000 claims between 2010 and...
Parliament to scrutinize gov’t spending
The chairman of the Finance Committee of Parliament, James Avedzie, says the legislature will leave...
Investors edgy about economy’s prospects
Investors are cautious about the prospects of the economy as yields on short-term Treasury...
Scrap off capacity building component of oil expenditure- ACEP
The African Centre for Energy Policy (ACEP) has called for the scrapping off of the...
Power ship to guzzle 35, 000 tonnes of fuel monthly
The 225megawatt Karpowership (Aysegul Sultan) will consume an estimated 30,000 to 35,000 tonnes of Heavy...
KPMG assures transparent auction of 4G spectrum
The appointed auctioneer for the 800MHz spectrum, KPMG has assured the bidders and the general...
NPRA assures Corporate Trustees on TPFA Transfers
There are indications that funds lodged into the temporary Pension Fund Account (TPFA) at the...
Power barge to be connected to national grid in a week- GRIDCo
The power barge from Karpowership is to be connected to the national grid in about one...
Gov’t shoots down ICT Chamber’s demands
Government has shot down demands being made by the ICT Chamber for the National Communications...