Business News
February 21, 2023
Banks wrote-off ¢5.9bn as bad debt in 2022
Banks operating in Ghana wrote-off about ¢5.9 billion as bad debt in December 2022. According to the Domestic Money Banks…
January 23, 2023
Cocoa bills default: BoG, COCOBOD agree to allow banks to use COCOBOD’s deposits to pay retail customers
The Bank of Ghana, Ghana Cocoa Board (COCOBOD) and the commercial banks have agreed to allow banks to use COCOBOD’s…
January 23, 2023
Domestic Debt Exchange: We are still studying various legal options available – Individual Bondholders
The Legal Committee of the Individual Bondholders has said that it is still studying the various legal options available before…
January 23, 2023
Paramount chiefs received ¢450k out of unaccounted ¢605k funds – Auditor-General
The Auditor-General’s audit of Covid-19 expenditure has revealed that a sum of GH¢605,962 has been unaccounted for at the height…
January 23, 2023
Covid-19: We can’t validate ¢37.6m bill for free water – Auditor-General
The Community Water and Sanitation Agency (CWSA) has been asked to take immediate steps to assess an impending unvalidated payment…
January 23, 2023
Domestic Debt Exchange: Over 7.5 million insurance policies to be affected – CIIG
The Chartered Insurance Institute of Ghana (CIIG) is warning that over 7.5 million policies will be affected by the Domestic…
January 16, 2023
Deadline for signing up to Debt Exchange Programme expires today
Government’s deadline for bondholders to sign onto the domestic debt exchange programme expires today, Monday, January 16, 2023. In its…
January 13, 2023
Revive TOR to reduce oil imports – IES
The Institute of Energy Security (IES) has called on the government to revive the Tema Oil Refinery. Reaching a stable…
January 13, 2023
30% base pay increase will affect 2023 budget but will bring peace – Ofori-Atta
The Minister of Finance, Ken Ofori Atta has bemoaned the 30% increment in the base pay for public workers stating…
December 23, 2022
Regulation needed to check high prices of goods – Spio-Garbrah
A former Minister of Trade and Industry, Dr. Ekwow Spio-Garbrah is calling for the introduction of price control institutions to…