Tag: Business

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BoG urges MFIs to adhere to regulations

Microfinance institutions (MFIs) have been urged to strengthen their governance structures, enhance risk management, and adhere to the regulatory framework set by the Bank of Ghana (BoG) to better serve the country’s informal sector.

According to El…

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Five NGOs sue government over GHS1 billion paid to SML

Five prominent Non-Governmental Organisations (NGOs), including the Centre for Democratic Development (CDD-Ghana) and the Media Foundation for West Africa (MFWA), have initiated legal action to recover over GHS1 billion allegedly misappropriated in p…

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Please pay up your loans – GCB MD urges Ghanaians

The Managing Director of GCB Bank PLC, John Kofi Adomakoh, has entreated customers who take loans from banks to ensure that they pay up the loans.

According to him, this has contributed to the surge in non-performing loans in the banking sector.

Th…

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Only 3% of agriculture land irrigated – World Bank

The World Bank has said only three percent of cultivated land in the country is irrigated – a phenomenon the Bank indicates could stifle Ghana’s agriculture resilience.

In its Africa Can End Poverty report under the ‘Delivering Irrigation for Enhanc…

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