By Samuel SAM Smallholder farmers in the Dabogshei community in the Sagnarigu Municipality have been educated on the impacts of climate change and water scarcity through a visual-based sensitisation programme aimed at promoting sustainable agricultural practices and environmental conservation. The initiative, spearheaded by Foto4Change in collaboration with ActionAid Ghana, utilised powerful photography and storytelling to […] The post Smallholder
Ghana’s growing scam problem: What the numbers say? Mobile money fraud is on the rise in Ghana—and the numbers are telling. According to the Bank of Ghana’s 2023 Financial Stability Review, there were 13,451 reported cases of fraud across the financial sector. Of these, mobile money fraud accounted for 20%, translating to nearly 2,700 cases […] The post The data-driven truth
By Frank OWUSU-ASAMOAH Contingency has become synonymous with 10 percent, 15 percent, or even 20 percent in some cases. Arguably, many project and procurement professionals have accepted this norm and have reinforced its veracity and legitimacy. Many instances of cost overruns on projects could be avoided if painstaking, scientifically proven risk identification, assessment, analysis, prioritization, […] The post The
By Juliet ETEFE ([email protected]) Deputy Managing Director of Wholesale Banking at Fidelity Bank Ghana, Kwabena Boateng, has called for a bold rethink of the country’s pension and investment strategies to align with national economic goals and ensure financial security for citizens. Speaking at the 2025 edition of the Money Summit hosted by the Business and […] The post TheMoneySummit25:
…while U-15 Boys secured bronze Ghana’s Under (U)-15 Girls’ team etched their name into the history books of intercontinental sports over the weekend by emerging champions of the African Schools Football Championship (ASFC) 2025. The girls grabbed the title with a commanding 2-0 victory over Uganda at the University of Ghana Stadium on Saturday, April […] The post U-15 Girls
The French Ambassador to Ghana and his team went to the North of Ghana to strengthen cooperation between France and Northern Ghana, particularly in the areas of agriculture and urban development. President John Mahama has emphasized on several occasions that Northern Ghana has the potential to become “the country’s breadbasket.” To reach this goal, the […] The post “Team
By Seade CAESAR As global economic tensions escalate, particularly due to the intensifying US-China trade conflict, Africa finds itself at a crossroads. Traditional alliances are being tested, and the continent must navigate a complex web of economic dependencies and opportunities. Amidst this uncertainty, the Gulf Cooperation Council (GCC) states comprising the United Arab Emirates (UAE), […] The post Why
By Dela Agbo In the previous article titled “Equity vs. Debt: Understanding Two Key Investment Assets,” we explored the fundamental differences between debt and equity. While debt instruments like bonds provide fixed returns and capital preservation, equity offers a dynamic path to wealth creation—albeit with higher risk. This follow-up article takes a deep dive into […] The post Understanding
By Buertey Francis BORYOR Dr. Godwin Acquaye, CEO of Business and Financial Times (B&FT), has urged citizens to adopt smarter and long-term investment strategies to secure their future, especially after the recent Domestic Debt Exchange Programme (DDEP) affected many pension and investment accounts. Speaking at the 5th edition of The Money Summit in Accra, Dr. […] The post The
Seven-time World Rallycross Champion, Johan Kristoffersson, will join Volkswagen Motorsport to race the electric Rallycross Polo RX1e at the Simola Hillclimb in Knysna – South Africa. The event, the 15th edition, will take place from May 1 to 4, 2025. Among South Africa’s favourite motor racing weekends, Kristoffersson will be supported by local Volkswagen Motorsport […] The post 7-time
By Joshua Worlasi AMLANU [email protected] / [email protected] As the domestic pension funds swell beyond GH¢100 billion, the debate is deepening about whether these vast sums should continue flowing primarily into government bonds — which were traditional considered practically risk-free prior to the Domestic Debt Exchange Market (DDEP) — or can they be channeled into infrastructure, […] The post Can
The Bank of Ghana (BoG) 2024 Fraud Report reveals that the number of staff involved in fraud at Banks and Specialised Deposit-Taking Institutions (SDIs) increased by 33% from 274 in 2023 to 365 in 2024. Cash theft was the most common crime perpetrated with 274 staff (75%) implicated in 2024, which is up from 211 […] The post Editorial: Increased pilfering among banks’ staff worrying
Professor Isaac Boadi, Dean-Faculty of Accounting and Finance, University of Professional Studies-Accra, has laid bare the scale and sources of fiscal losses the state endures due to tax-related inefficiencies, illegal trade practices and natural resource mismanagement. According to his analysis, Ghana loses approximately US$9.02billion annually; with the largest drains coming from tax-related inefficiencies, illegal trade […] The post Editorial:
A News Desk Story Discussions around the rise in pension fund assets will take centre stage today in Accra, as policymakers, fund managers and industry leaders meet to explore how long-term retirement savings can be more effectively channelled into infrastructure, private equity and national development initiatives at The Money Summit 2025. The high-level dialogue – […] The post TMS25:
By Seth KRAMPAH, Kumasi A recent study has warned that without smarter fiscal strategies, the country risks losing vital port traffic to neighboring competitors. From 2017 to 2021, Ghana’s ports thrived on tax relief measures such as the Benchmark Value Discount Policy (BVDP) and import duty exemptions, which helped boost cargo throughput, particularly during the […] The post Ghana
By Juliet ETEFE ([email protected]) Acting Chief Executive Officer (CEO) of the Real Estate Agency Council (REAC), Emmanuel Jeffrey, has embarked on stakeholder engagements aimed at strengthening the country’s real estate sector. In a meeting with the Ghana Association of Real Estate Brokers (GAREB) in Accra, Mr. Jeffrey outlined plans to introduce reforms, boost investor confidence […] The post Acting
…to avoid heavy penalties By Buertey Francis BORYOR The Ghana Revenue Authority (GRA) is reminding all businesses and individuals to file their tax returns by April 30, 2025 to avoid heavy penalties and interest charges. According to Mr. Victor Akogo, Chief Revenue Officer-Domestic Tax Revenue Division, GRA, defaulters will pay a penalty of GH¢500 for […] The post GRA
…empowering female entrepreneurs to lead in tech and innovation sector Standard Chartered in partnership with Village Capital, has officially announced the call for applications for the 5th Cohort of the Futuremakers Women in Tech Accelerator (FWIT) to support women-owned or led tech-enabled businesses. The programme will be implemented by the Ashesi University’s Ghana Climate Innovation […] The post StanChart
Rebecca Osam, CEO of Reflo Company Ltd. and renowned advocate for menstrual health, was among the distinguished guests invited to the national launch of the Free Sanitary Pad Initiative by the Ministry of Education and the Ministry of Gender, Children and Social Protection. The initiative, officially launched by President John Dramani Mahama on April 24, […] The post Rebecca
By Joshua Worlasi AMLANU Venture Capital Trust Fund (VCTF) is set to play a central role in the nation’s economic transformation by launching a new fund aimed at supporting businesses aligned with government’s 24-hour economy policy, Michael Abbey, VCTF’s Chief Executive Officer, has said. The newly appointed CEO announced plans for the upcoming SME-focused facility […] The post VCTF
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