Tag: financial crisis
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Ghana Banks Face Mounting Bad Debt Crisis Following Sovereign Default
Ghana's banking sector continues struggling with deteriorating loan portfolios more than two years after the country's sovereign debt restructuring, highlighting the persistent challenges facing...
CalBank Reports Profit Surge Amid Deepening Capital Crisis
CalBank Plc has reported a profit of GHS 174.95 million for the first half of 2025, representing a significant increase from GHS 157.89 million...
AirtelTigo in Deep Financial Crisis, Minister Warns
Ghana’s state-owned telecommunications company, AirtelTigo, is now confronting a severe financial predicament as it hemorrhages GH₵20 million every month amidst a debt portfolio that...
ENI’s Role in Stabilizing Ghana’s Economy Amid Financial Crisis
Ghana’s economy is facing pressing challenges, from a rapidly depreciating cedi to soaring inflation and a growing national debt.
Amid these economic hurdles, there is...
US Faces Risks of Financial Crisis Amid Trump’s Economic Agenda, Warns deVere CEO
The US could be headed towards a financial crisis similar to Britain’s 2022 "mini-budget" debacle under former Prime Minister Liz Truss, as Donald Trump’s...
