Tag: collapse
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Ghana’s Public Debt Soars to GH₵721 Billion as Key State Firms Collapse Under Debt
President John Mahama delivered a stark assessment of Ghana’s economy during his first State of the Nation Address of his second term, revealing a...
UT Bank Collapse Exposes Political Threats to Business – Sam Jonah
The dramatic collapse of UT Bank, once a flagship Ghanaian financial institution, continues to reverberate as a cautionary tale of how political influence can...
UT Bank Founder Open to Revival Talks as Critics Decry “Economic Injustice” of Collapse
Prince Kofi Amoabeng, founder of the defunct UT Bank, has signaled willingness to engage the Ghanaian government in discussions to resurrect the financial institution,...
Ghana’s Businesses Risk Collapse by Ignoring Mandatory Insurance, Experts Warn
In a stark warning to Ghana’s private sector, industry leaders and regulators are sounding the alarm over widespread noncompliance with mandatory Professional Indemnity (PI)...
Ghana’s Power Crisis: Can Modernization Save ECG from Collapse?
Ghana’s Electricity Company (ECG) is battling a persistent crisis: nearly 20% of its generated power vanishes before reaching consumers, crippling both its finances and...
