Enterprise Trustees LTD.,Ghana’s largest private pension trustee company, grew its Master Trust Pension Schemes’ assets under management (AUM) to nearly GH¢7 billion in 2024, driven mainly by investment returns rather than fresh contributions. Managing Director, Joseph Ampofo said about 60 percent to 70 percent of the increase came from returns, with the remainder from monthly […] The post Enterprise
The Association of Ghana Industries–Energy Service Centre (AGI-ESC), in partnership with the World Bank, has launched the Energy Smart Businesses pilot initiative to help small and medium-sized enterprises (SMEs) cut energy use, reduce costs and enhance sustainability. The six-month pilot will support 35 SMEs in agribusiness, garments and textiles, and hospitality with free on-site energy […] The post AGI,
By Kingsley Webora TANKEH The African Women in Leadership Organisation (AWLO) has declared the President John Dramani Mahama HeForShe Champion of the Decade for his track record in promoting gender equity by appointing women into positions of leadership and ultimately nominating the nation’s first female vice-president. The honour was conferred at the AWLO HeForShe Summit […] The post AWLO
By Pater GARIBA My beloved homeland, Ghana—today, my heart bleeds for our fellow Ghanaians who find themselves in our prison system. It is deeply troubling and utterly unacceptable that in this day and age, inmates are expected to survive on a daily food allowance of just GHS 1.80. This meager sum cannot provide even the […] The post A call for reform: Restoring
By Seade CAESAR Emirati Women’s Day, celebrated annually on August 28, honors the contributions, achievements, and resilience of Emirati women in shaping the UAE’s progress. Established in 2015 by Sheikha Fatima bint Mubarak, the “Mother of the Nation,” to mark the anniversary of the founding of the General Women’s Union in 1975, the day has […] The post Beyond
By Samuel LARTEY (Prof) [email protected] At the start of 2025, the outlook for Ghana’s cedi was bleak. Analysts warned of a weak currency battered by global uncertainty, fiscal hangovers from the COVID-19 era, and domestic debt challenges. Yet by mid-year, the cedi had done the unexpected, it surged more than 40% against the US dollar, […] The post Cedi rising: The currency story appeared first
By Constance GBEDZO The historical narrative of relations between Singapore and Ghana is one of increasing cooperation, moving from formal diplomatic ties to a more substantive and strategic partnership. There is early diplomatic relations and shared heritage between the two countries. The two nations share a common historical foundation as former British colonies and port […] The post Ghana
The acting Minister of Environment, Science and Technology, Emmanuel Armah-Kofi Buah, has sworn in a new governing board for the Ghana Atomic Energy Commission (GAEC). Mr. Buah, who also serves as Minister of Lands and Natural Resources, administered the oath of office and secrecy to the seven-member board on behalf of President John Dramani Mahama. […] The post Minister inducts GAEC governing board
By Esther NGUMBI According to The State of Food Security and Nutrition in the World 2025, a report recently released by the five leading United Nations agencies working on the issue, the number of people facing hunger globally declined from 688 million in 2023 to 673 million in 2024. But progress has not been equal, […] The post The agricultural fixes Africa needs appeared first on The
By Andrews AYIKU (Dr) Dollarization is the use of the US dollar in addition to or instead of the local currency (Ghana Cedi). This has long been entrenched in the economy and a lot of businesses, even those which are SMEs, dollar nominate their goods and services due to past volatility in respect of the […] The post Implementing de-dollarization strategy by BoG appeared first on The
By Chris NARH, PhD. [email protected] From Makola in Accra to Kejetia in Kumasi, Ghana’s markets have long been the beating heart of local commerce. They are more than trading centres, they are social institutions, sustaining millions of households through petty trading, wholesale distribution, and family-run enterprises. Yet in the last two decades, these markets have […] The post The
By Linda Ama SEGBEFIA Do you have any money regrets? Something you wish you had done differently? Most of us do. At some point, we all look back and cringe at the financial decisions we made whether it was spending recklessly, not saving enough, or simply not knowing better. While putting this piece together, I […] The post Money lessons you wish you had learned earlier in life
By MacNamara PETER-BROWN As defined by the Financial Action Task Force (FATF) (2019a), virtual assets are digital representations of value that can be digitally traded or transferred and can be used for payment or investment purposes. They include cryptocurrencies, stablecoins, non-fungible tokens (NFTs), and decentralised finance (DeFi) protocols. While not considered legal tender in most […] The post The
News filtering in that state-owned enterprises (SOEs) recorded strong revenue growth for the 2024 financial year with total earnings climbing 28.3 percent to GH¢133.68billion – up from GH¢104.19billion in 2023 – makes interesting reading, considering the dismal performance of state entities over the years. According to the 2024 State Ownership Report, this performance was largely […] The post Editorial:
Maven Communications in partnership with Delve Afrique Communications and Zeliatte Media organizers of The Africa Best Business Awards (Ghana) has officially announced the launch of its 2025 edition, scheduled to take place on Friday, 24th October at the = Mövenpick Ambassador Hotel, Accra. This year’s celebration is held under the inspiring theme: “Honouring Business Brilliance, Shaping Africa’s […] The post 2025
Digital credit services have now officially been designated a non-bank financial service by the Bank of Ghana, bringing this fast-expanding segment under regulatory oversight. With a notice issued on Friday, August 29, the central bank said this classification falls under the First Schedule of the Non-Bank Financial Institutions Act, 2008 (Act 774). The step is […] The post Editorial:
By Joshua Worlasi AMLANU Government-backed joint ventures returned to profit in 2024 with a combined net gain of GH¢1.51billion, even as state-owned enterprises (SOEs) sank deeper into losses on rising finance costs, the State Interests and Governance Authority (SIGA) said in its annual report. The JVC sector reversed a loss of GH¢1.33billion in 2023, recording […] The post SOEs
By Kizito CUDJOE The Bui Power Authority (BPA) nearly doubled its profit target in 2024 despite a decline in revenue and a surge in receivables, revealing both the financial resilience and operational pressures of the state-owned hydropower producer, according to its 2024 financial statement. BPA posted a net profit of US$64.5million, representing a 92 percent […] The post Bui
By Kizito CUDJOE The Bulk Energy Storage and Transportation Company (BOST), soon to be renamed BOST Energies, has been directed to turn a profit and declare dividends to the state by the end of 2025, as the country’s asset regulator demands stronger accountability from loss-making state-owned enterprises. The call came at BOST’s 2025 Annual General […] The post BOST
President John Mahama and members of his Cabinet met with Mr. Sunny Verghese, Group Co-Founder and Group CEO, and senior business executives of Olam Agri and ofi (Olam Food Ingredients), during their official visit to Singapore last week. The meeting, which took place at Olam’s Headquarters, affirms Olam Agri’s commitment to continue working closely with […] The post Mahama
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS