Banking industry grapples with soaring NPLs at 20%
Ghana’s banking sector is facing a concerning rise in non-performing loans, reaching a peak of 20% of all loans, a level not seen…
Visa, Mastercard set to transform payments with fraud busters
Visa’s Digital Authentication Framework (DAF) and Mastercard’s Token Authentication Framework (TAF) are set to transform the…
Gold Purchasing Programme: BoG buys gold worth $700m
The Bank of Ghana’s Gold Purchasing Programme, which was launched in 2021, has been instrumental in boosting the country’s gold…
Government secures GHS 3.9bn in reopened DDEP
The Government has successfully secured GH₵3.9 billion in the reopened domestic debt exchange program, as announced by the…
Fuel subsidy, FX reforms will boost Nigerian Economy – IMF insists
The International Monetary Fund (IMF) has again declared their support for the fuel subsidy removal and exchange rate unification,…
China is becoming an important source market for Zimbabwe’s $1.2bn tourism…
Zimbabwe is looking to attract more Chinese tourists, particularly during the Spring Festival period.
“China is becoming an…
GOIL accelerates West African bitumen market entry
In a strategic move aimed at diversification and infrastructure support, Ghana’s leading oil and gas marketing company, GOIL PLC,…
DBG and GEA Wrap Up Phase One of WMSME Empowerment Series
Development Bank Ghana (DBG) and Ghana Enterprises Agency (GEA) have successfully concluded a series of capacity-building training…
BoG raises GHS 1.85bn from issuance of 56-day bill
The Bank of Ghana recently raised GHS 1.85 billion through the issuance of its Bog bills which has a maturity period of 56 days.…
Top 10 African countries with the highest credit ratings
Similar to when individuals borrow money to meet their needs, countries sometimes take loans to advance development within their…