A former CEO of the GNPA, Alex Mould, has predicted Ghana may lose over ¢10 billion assistance from the US government should government neglect the advice given by the Millennium Challenge Corporation.
Kwame Nkrumah used the “Africa going together” approach in the political liberation struggle, the continent failed to take a cue economically.
This morning, there was a “demonstration” not against the company people invested their monies with but against me, Papa Kwesi Nduom.
Should trend analysis be anything to go by, then the Ghana Stock Exchange should rebound next year 2020, the next election year after a woeful performance in 2019 currently returning about -16%.
What becomes of Ghana Beyond Aid when the NPP-led government hands over to a new administration?
I am personally not a fun of the so-called motivational speakers in town today, the reason being that I have generally perceived most of them to be ‘book long’ speakers without any practical and technical experience.
The charges filed by the state against some persons alleged to be involved in the collapse of Capital Bank has been questioned by my good self.
Climate variability and change constitute a major threat to national development and the growth of small and medium scale enterprises in particular.
In this era when there is so much turmoil in our financial space, it is uncommon to find many Ghanaians in a dilemma regarding where to invest their money. Until the influx of Micro Finance Institutions (MFIs), banks were the safe haven for most Ghanaian savers/investors.
Ghana’s journey to self-reliance must focus on self-empowerment while tapping into individual strengths.
Zenith Bank Ghana took the opportunity of its 14th anniversary to entrench the leading role it has been playing in the banking landscape with carefully curated activities aimed at adding value to society as well to the Bank.
The Chamber for Tourism Industry Ghana as part of its mandate to transform the tourism industry in Ghana visits hotels as mystery guests to give owners a true picture of their operations.
People have given up on the Leadership of our country. This is from empirical evidence and behavioural analysis of what is currently going on.
In Ghana today, interest rates for many credit agreements; be it short term (0-12months), medium to long term (1-5years) or long term (above 5years) refer to the U.S. Dollar London Interbank Overnight Rate (“LIBOR”) as the benchmark rate in Ghana.
More than 1,500 people benefited from the mobile clinics and were screened for chronic diseases such as hypertension, diabetes and kidney disease.
For this to happen, we must take politics and “group/mob mentality” out of the picture and ensure that every individual takes responsibility for the investment decisions they make.
A former Chief Executive Officer of Ghana National Petroleum Corporation (GNPC), Alex Mould has questioned why Ghanaians and the media are quiet after the PDS investigation.
Residents of Keta in the Volta Region, continue to express mixed feelings about the government’s determination to construct a seaport in the area.
A lot of financial experts have attributed the recent crises in the financial sector to several factors; prime amongst them being bad corporate governance.
Mr. Hardy took over from Alwyn Pretorius who now leads Newmont Goldcorp’s South America Region.
Uber has dropped rates on UberX in Accra by up to 10% as part of the many incentives it has rolled out to improve the earnings of its driver-partners in Ghana.
Listed below are offenses that may seem like nothing too egregious by themselves, but a few put together will make others roll their eyes every time they see you coming.
Support systems are essential for every professional, but for HR practitioners, it’s a necessary lifeline.
The bottom line is that Africa needs long term investment (money) at low rates to develop its much-needed infrastructure.
I shall become the Governor of the Bank of Ghana one day, I am not there yet but I will be there! History has it that, just two days before the declaration of Ghana`s political independence on 4th March 1957, the Bank of Ghana was formally established by the Bank of Ghana Ordinance (No. 34) of 1957, passed by the then British Parliament.
The guzzling demand and consumption of Liquefied Petroleum Gas (LPG) by Industry and commercial vehicles was identified as the major cause of the shortage of the commodity on the market.
Until the recent pensions reform, one of the major challenges that had confronted employees, both in the formal and informal sector, had to do with the low benefits and growth of their pension contributions as they near or go on retirement.
There are more people with phones than with bank accounts. The Financial sector has now realized that they can use these mobile phones as tools for Digital Financial Inclusion. This provides a great solution for the underbanked or unbanked.
A take-or-pay is a two-way street; the IPP also MUST provide a minimum amount electricity and there are normally penalties if the IPP misses this simple KPI.
GN Bank/Savings completed the six-month transition from universal bank to Savings and loans at the end of June, under the supervision of the Bank of Ghana.
Facebook; arguably, the world’s most popular social media platform, is set to roll-out a global currency and financial infrastructure by 2020.
“There is nothing permanent except change,” said Greek philosopher Heraclitus, and how true this is Change – and fast-paced change – is a hallmark of today’s society.
In recent times, the Financial Sector in Ghana has come under strict scrutiny from its regulators. The Central Bank of Ghana (BOG) for instance, has been very stern in whipping both Financial and Non-Bank Financial Institutions into shape.
As a resident of Accra’s traffic-zone, Spintex road, I’m always in a dilemma after 10 hours of hard work.
Credit Guarantee Bond insurance policy is often confused with advance mobilization policy. Technically, one could easily qualify as a sub-set of the other, but the two are different.
The private sector has a role to play in achieving the sustainable development goals and Vivo Energy Ghana is committed to playing its part as a leading oil marketing company to ensure no one is left behind.
The regular shareholder is usually not involved in the routine company operations but would always want to protect his or her interest. This is done through the company's employees, its executives and its board of directors.
Typically, an Induction Ceremony is the symbolic beginning to a member’s service as a professional in any profession, with class!
Land litigation may not be new or peculiar to any specific geographical area but for the sake of this piece, I would wish to limit the discussion to what pertains in the national capital city, Accra.
I had the opportunity to participate in the 10th edition of the Africa Regional Correspondent Banking Academy organised by Standard Chartered Bank, that came off at Hyatt Regency, Johannesburg, South Africa on the 4th and 5th July 2019.
There have been lots of assertions that Sankofa Gye Nyame projects’ gas price is higher than the price of Gas that is landed in Ghana from Nigeria or is higher than the price of Jubilee gas or TEN gas.
Solidaridad welcomes the prospect of the new floor price improving farmers’ income but contends that it will not be sufficient to achieve a living income for farmers.
It is an undeniable fact that the most important thing which has sustained most businesses in Ghana for decades is Trust.
An athlete who wants to enjoy risky sports has to follow safety rules; in like manner, any individual who wants to produce superior investment returns has to follow foundational principles and benchmarks that have been used by several successful investors and has proved to work most of the time in both bull and bear markets.
Ghana’s programme with the International Monetary Fund (IMF) was concluded on March 20, 2019. It brought to fruition a 4-year Extended Credit Facility (ECF) aimed at helping the country reduce its then large fiscal and current account deficits.
In 2017, over GH¢15million in Community Social Responsibility (CSR) capital was deployed by the banking sector to finance community projects.
Countries that rely mainly on International Travel receipts suffer more from such uncertainties than those with large domestic tourist markets which can bolster the economy until the destination recovers from the shock.
This year, new job losses are resulting from the completion of three mergers.
Recently, when the leadership of the Ghana Bar Association (GBA), and the National Council of the Bar called on President Nana Addo Dankwa Akufo-Addo to discuss some pertinent national issues bordering on the “culture of impunity” and the current state of the economy, amongst other issues, the President had ceased the opportunity to express his discomfort with the sliding cedi value against its international counterparts.
Ken Ofori-Atta assumed his role as Chairman of the World Bank’s Development Committee at this year’s International Monetary Fund/World Bank Spring Meetings. This is a first for Ghana.
2017 and 2018 will be remembered as the period the central bank of Ghana stepped up its game to reform and address some ailing issues in Ghana`s financial sector.
The name and concept of Microfinance is synonymous with greed, but why?