Banks Facing Continuing Challenges
Research wing of Groupe Nduom (GN) conglomerate, GN Research, has stressed that reductions in the Monetary Policy Rate (MPR) will ...
Tag: Energy-sector debts
Ghana Close To Securing $116m IMF Programme Cash
The country is on track to receive some $116 million from the International Monetary Fund (IMF) in July to support its import and export ...
Osafo Maafo Stokes Power Subsidy Debate
Senior Minister, Yaw Osafo Maafo, has opposed the idea of totally abolishing subsidy on electricity supply, arguing that various situations ...
Economist Pushes For A Reduction In Policy Rate
Ahead of the announcement of a new policy rate by the Bank of Ghana on Monday, some economists are predicting ...
HFC Bank’s Loss Decreases Marginally To GHc38.6m In 2016
HFC Bank has posted an operating loss for the second year in a row though the figure has dropped marginally. ...
CAL Share Performance Could Rebound In the Short Term
CAL bank (CAL) recorded a 23.22% dip in pre-tax profits for the first quarter of 2017 (Q1-2017). Total Profits before ...
15 Year Energy Bond Timely For Banks’ Rising NPLs – CAL Bank MD
Banks are optimistic of significant improvement in their non-performing loan portfolios as government initiates moves to clear all outstanding debts ...
Government Debt To Banks, Fuel Suppliers Hits $1.2 B
Net debt owed banks and fuel suppliers alone under the energy sector debt hit 1.2 billion cedis at the end ...
Government’s Debt To Banks, Fuel Suppliers Hits $1.2 B
Net debt owed banks and fuel suppliers alone under the energy sector debt hit 1.2 billion cedis at the end ...
Govt Debt To Banks, Fuel Suppliers Hits $1.2 B
Net debt owed banks and fuel suppliers alone under the energy sector debt hit 1.2 billion cedis at the end ...
160 Million Cedis To Be Paid End of March
About 160 million cedis is expected to hit the accounts of banks that are owed the energy sector debts, by ...
FirstBanC MD Says 2017 Budget Is Achievable But Warns of Risk Factors
The Managing Director of FirstBanC financial services, Mr. Amenyo Setordzie has observed that although the wide-ranging tax cuts could place ...
Economy Deteriorated In 2016
The International Monetary Fund (IMF) has expressed shock at the level of deterioration of various economic indicators in 2016 saying ...
Gov’t Releases GHC166 Million To Clear Energy Sector Debts
Government is set to release GH¢166 million to banks as it takes steps to quickly clear all the energy sector ...
5 NDC Sins You Must Not Commit
Dear Nana, Congratulations is in order on your electoral victory. From your days of ‘Kume Preko’ demonstrations you have stayed ...
Banks Receive 2nd Payment of VRA ‘legacy Debt’
19 banks owed under the ‘legacy debt’ received second payment in the first quarter of September. This was part of ...
NPLs Will Reduce Significantly Before End of Year
President of Ghana Association of Bankers (GAB) has indicated that Non-Performing Loans (NPL) of banks should reduce significantly before the ...
Money Is A Challenge To Fixing ‘Dumsor’
Deputy Power minister John Jinapor has confessed that finding the needed funds to keep power supplies stable has remained a ...
Frankly, Money Is A Challenge
Deputy Power minister John Jinapor has confessed that finding the needed funds to keep power supplies stable has remained a ...
Gov’t Must Save Power SOEs and Banks
Government’s indebtedness to State-Owned Enterprises (SOEs) in the power sector, who in turn owe banks, poses a real and present ...