Tag: loan
Business
CalBank ramps up loan recovery, targets GHS900m with GHS712.5m collected
CalBank Plc has launched a determined initiative to reclaim GH¢900 million in impaired loans by the end of 2024, an effort aimed at bolstering...
Business
NPP Caucus want Speaker to recall parliament due to $250m loan, tax exemptions bills
The New Patriotic Party (NPP) Caucus in Ghana’s Parliament, on Wednesday, October 23, 2024, formally requested the Speaker of Parliament to reconvene the House...
News
Man in hot waters after taking GHC10k from Quick Credit for father’s funeral
An emotional video making the airwaves depicts a Ghanaian man, Jonathan Mensah, crying uncontrollably after he was arrested by some officials of a micro-finance provider,...
News
Netizens take on Quick Credit over 40% interest on GHC10K loan given to man for his father’s funeral
X users have berated a financial entity, Quick Credit, for the interest charged on a GHC10,000 loan given to a carpenter.45-year-old Jonathan Mensah is...
News
How Minority in Parliament obstructed approval of a $250m World Bank loan
The Minority in Parliament thwarted the approval of a $250 million loan from the World Bank by casting 'no' votes.The loan, intended for the...
Business
Nigeria receives $4.95bn in loans from World Bank
Under President Bola Tinubu's administration, Nigeria has secured a total of $4.95 billion in loans from the World Bank, raising concerns about the country's...
News
Previous administration secured $1.8bn syndicated loan in 2016 – COCOBOD CEO
Chief Executive Officer of the Ghana Cocoa Board (Cocobod), Joseph Boahen Aidoo, has disclosed that the previous administration he took over from secured. $1.8...
Business
COCOBOD signs $800m syndicated loan with banks, to draw down $600m this week – Report
Ghana's Cocoa Marketing Board (COCOBOD) has finalized an $800 million syndicated loan with banks, and it anticipates accessing the initial $600 million as early...
News
Video: Employees of Quick Credit forcefully raid restaurant over ‘unpaid loan’
Employees from Quick Credit Ghana, a well-known loan company, aggressively entered a local restaurant to reclaim a loan amount.Videos captured and shared on...
Independent Africa
Kenya to request an additional $1b loan from China
Kenyan President William Ruto is scheduled to embark on a trip to China later this month with the aim of securing a $1 billion...
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