Ghana’s MIIF has stepped up efforts to attract North American partners into the Ghanaian mining space. MIIF, the sovereign minerals fund of Ghana, was created by law to manage the equity interests of the Government of Ghana in mining companies and collect and manage mining royalties due the state for purposes of investment. MIIF sees […] The post

The National Communications Authority (NCA) has been urged to promote broadcasting standards through the award of spectrums, in a bid to ensure that content broadcast to consumers is of good quality. In an interview with journalists at a stakeholders engagement and launch of a research report by the Ghana Center for Democratic Development (CDD) in […] The post NCA

The thought of an audit can make a business owner nervous. Some consider the process time-consuming and stressful as well. But this need not be the experience with the right preparation. A basic understanding of the purpose and process of an audit can take out the stress. As a business owner, you need an audit […] The post Preparing for

The World Bank Group yesterday, in principle, welcomed the agreement on key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in the country. “This […] The post

Onafriq and Alviere partner to launch embedded remittances and other payment services from the United States to Africa. Alviere, the leading embedded finance platform provider, announces a partnership with Onafriq, Africa’s largest digital payments network, to enable payments and remittances from the United States to Africa. Onafriq connects various payment schemes with more than 500 million […] The post

The Public Interest and Accountability (PIAC) has expressed concern over persistent delays in releasing funds for oil-funded projects across the country, highlighting its detrimental impact on timely completion of these crucial projects. PIAC’s concern follows the inspection of projects partly financed by the Annual Budget Funding Amount (ABFA) – the amount of oil money that […] The post

The government has successfully completed the first review of its US$3 billion, 36-month Extended Credit Facility (ECF) Arrangement with the International Monetary Fund (IMF). This accomplishment, along with the 2023 Article IV Consultation, signals a positive step forward for the country’s economic recovery post-COVID-19. The completion of the first ECF review has unlocked an immediate […] The post

Fidelity Bank, Ghana’s largest privately-owned bank, has emerged as a beacon of excellence with four of its key employees receiving noteworthy awards at the Ghana Association of Bankers Awards ceremony. Their dedication, talent and leadership shone brightly, underscoring Fidelity Bank’s commitment to leadership, innovation and customer protection, even amid recent industry turbulence. Among the luminaries […] The post

Discussions have begun on transforming the existing COVID-19 levy on goods and services into a dedicated National Health Security/Emergency fund. The move will strategically allocate ring-fenced amounts, serving as a crucial supplement to National Health Insurance Scheme (NHIS) contributions and thereby mitigating, or potentially eliminating, the financial hurdles associated with vaccine-funding. Government allocates a portion […] The post

Domestic rice production still hovers around 40 percent, with barely a year to exhaust the Ministry of Food and Agriculture’s (MoFA) target for meeting rice production self-sufficiency. Though local production has been increasing minimally over recent years from 30 percent in 2015, stakeholders are apprehensive MoFA may not meet the National Rice Development Strategy II […] The post

The government is making a concerted effort to enhance its appeal as a preferred base for Chinese businesses on the African continent, Finance Minister Ken Ofori-Atta has said. He made this known during an engagement with the Chinese Business Community in Ghana under the Ghana Mutual Prosperity Partnership held in Accra. “We want to use […] The post Gov’t

The Jospong Group of Companies (JGC) has inked a  mouthwatering Memorandum of Understanding (MoU) with EKI Energy Services Ltd., setting their sights on catalysing carbon credit development in Ghana. This strategic collaboration aims to mobilise US$1billion in carbon credit financing, with a commitment to creating over 1,000 job opportunities by 2030 across Ghana and West […] The post

January often brings a financial crunch, as holiday spending leaves pockets empty and unpaid bills start piling up. According to Tavona Biza, Group Chief Executive Officer (GCEO) at Old Mutual Ghana, crafting a list of New Year’s resolutions has been a common approach to “making things better for the year ahead”. However, resolutions can be […] The post Turn