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Finance
Access Bank Ghana posts GH₵514m profit before tax in 6 months
Access Bank Ghana has remained resilient in the face of the unprecedented turbulence that characterized the entire financial sector in Ghana and emerged as a beacon of strength.
The…
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3 Ghanaian Women to Watch in Banking and Finance in Africa
The Leading Ladies' Network, has congratulated three exceptional Ghanaian women who have been honoured in the prestigious 2023 Angaza Awards Women to Watch in Banking and Finance in…
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GH¢1.9m paid to 95 ‘ghosts’ of Sunyani Regional Hospital
In a shocking revelation, the Auditor-General has discovered that 95 unknown names of Sunyani Regional Hospital have been paid salaries totalling GH¢1.9 million (GH¢1,922,549.53)…
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CHRAJ spent GH₵2.1m illegitimately, Auditor General seeks refund
The Auditor-General has directed the Commission on Human Rights and Administrative Justice (CHRAJ) to recover and refund GH₵2.1 million (GH₵2,190,617.1) paid illegally.
It comprises…
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Gabby replies Ablakwa over GH₵187.3m West Blue arrears
Africa Legal Associates (ALA) says its provision of legitimate and bonafide legal services to West Blue Ghana Limited is in respect of dispute over arrears the company claims it is owed…
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VCTF blows GH¢1.7m on CEO’s residence not occupied from 2017
Venture Capital Trust Fund (VCTF) has spent GH¢1.7 million (GH¢1,771,696) to purchase and renovate an apartment for its Chief Executive Officer (CEO) but the residence has not been…
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Pension funds, IPPs debt included in GH₵31bn DDEP
The Ministry of Finance has announced the restructuring of GH₵31 billion pension funds in the next exercise of its Domestic Debt Exchange Programme (DDEP).
According to the ministry,…
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BoG posts GH¢60.86bn losses, GH₵55.12bn negative equity
The Bank of Ghana (BoG) posts GH₵55.12 billion negative equity in 2022 caused by the Domestic Exchange Programme (DDEP) and revaluation losses on its foreign assets and liabilities due…
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Banks record GH¢4.3bn profit in first half of 2023
Banks record GH¢4.3 billion profit-after-tax for the first half of 2023.
This is 51.4% increase over the GH¢2.8 billion recorded in 2022.
Collectively, the 2022 audited accounts show…
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Domestic dollar bonds: Debt exchange for $809m begins
Government has launched a Domestic Debt Exchange Programme (DDEP) for eligible holders of dollar-denominated domestic notes and bonds.
Under the programme, the government is inviting…
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