So, we all know this government is embarking on a Digital Ghana Agenda that is being touted as one of the best on the African continent. In fact, we even enjoy accolades on the global level for it. If you have noticed, about 90 percent of the Digital Ghana Agenda is FinTech (financial technology) driven. […] The post Elephant
ASA Savings and Loans Ltd, as part of its Corporate Social Responsibility (CSR) has donated equipment worth thousands of cedis to the Laterbiokoshie Presby Junior High School (JHS) in the Ablekuma Central Municipality and Mamprobi Hospital in the Ablekuma West Municipality of the Greater Accra Region. The donation, was done in response to an appeal […] The post
The co-Founder and Managing Director of Gateway Synergy in South Africa, Tarisai Moffat, has noted that Africa possesses the talent and know-how to overcome its numerous trade and associated business challenges. Tarisai, who is currently a Mandela Washington Fellow, was speaking at the 2023 Mandela Washington Summit at the Jackson State University, USA. Tarisai argued […] The post
…an opportunity to empower industries? The emergence of generative artificial intelligence (AI) has revolutionised outcomes, offering unprecedented opportunities for innovation, efficiency and cost-effective scalability. Ghana’s challenged financial sector, burgeoning hospitality industry, expanding healthcare facilities and emerging manufacturing sector are thrust into a position to embrace the potential of generative AI. The AI uprising is happening […] The post
By Korsi DZOKOTO The financial results of the Bank of Ghana for the year 2022 raise serious concerns about the institution’s management and financial stability. With significant losses and a deteriorating equity position, combined with excessive monetary financing and an inefficient investment portfolio, it is evident that the bank has been mismanaged. In this article, […] The post
Mutual fund valuation refers to the process of determining the value of a mutual fund. The value of a mutual fund is calculated by taking the total value of the assets held by the fund and dividing it by the number of shares outstanding. The assets of a mutual fund typically consist of a diversified […] The post Financial Literacy with
Types of business names to consider The type of business name you select can have a significant impact on your brand’s success and how customers and the market perceive it. There are several types or categories you can consider. Each type has its own characteristics and can help convey different messages to your target audience. […] The post
Guaranty Trust Bank (GTBank) has officially launched the second edition of its autism workshop under the theme ‘Empowering voices for autism’. The 5-day workshop, scheduled from 1st to 5th August 2023 at the Kofi-Ohene Konadu Auditorium, University of Professional Studies-Accra, is specially designed for parents with special children to educate them on understanding the needs of their […] The post
Chirano Gold Mines has emphasised its commitment to investing in education within the company’s catchment communities. It said its activities along the education sector aim to create a rich pool of human resources that can be relied upon for sustainability of the mine and other services necessary for development. This because the future and sustainability […] The post
The National Information Technology Agency (NITA) is set to launch the National Information Communication Technology (ICT) Week in Accra, an event aimed at highlighting the pivotal role of ICT in national development. Scheduled for August 8th and 9th, 2023, the official launch will take place at the Kofi Ohene Konadu Auditorium, UPSA, commencing at 10 […] The post NITA
Data released by the universal banks in the country during the second quarter (Q2) of 2023 affirmed stronger industry performance relative to the second quarter (Q2) of 2022. Prudential financial data released by the banks during the first-half of 2023 attested to the accelerated pace of the industry’s recovery from the shackles of the recent […] The post
The United Kingdom has pledged £3.9million to fight against the country’s illegal mining menace. The funding support is part of a new three-year initiative launched to complement government’s efforts to curb illegal mining activities, also known as galamsey, and their concomitant negative impact on the environment – particularly water-bodies. The programme, dubbed the ‘UK-Ghana Gold […] The post
Ghana has formally launched its preparations to host the 19th edition of the International Conference on Inclusive Insurance (ICII), which will take place at the plush Movenpick Hotel in Accra from 23rd to 26th of October this year, preceded by pre-conference workshops on the 22nd and followed on the 27th by a field trip to […] The post Ghana
Respondents to the latest Global Risks Perception Survey (GRPS) 2022 expect the next three years after the COVID-19 pandemic (2022-24) to be characterised by consistent economic, political and social volatilities, which will further widen the gap between the rich and poor. The Global Risks Report 2022 analyses key risks emanating from current economic, societal, environmental […] The post
You will undoubtedly find humility woven into your business journey in Africa. Africa will indeed ground you. It has taught me humility, keeps me down to earth, and my entrepreneurial journey has brought me lessons in modesty, remaining unassuming in the estimation of anyone’s abilities, for the most unassuming person you meet in Africa can […] The post
The centre-piece of the framework to firmly put the nation on a path to economic recovery and prosperity is the Ghana Mutual Prosperity Dialogues (GMPD), a public-private partnership aimed at attracting foreign and local investments while promoting shared growth anchored on job creation, exports and import substitution, finance minister Ken Ofori-Atta has disclosed. During the […] The post
After experiencing a volatile first half of 2023 (H1-23) marked by losses, the cedi is anticipated to sail smoothly in the latter half of the year – driven by significant foreign exchange (FX) inflows and a recovery in investor confidence. The country is poised to receive substantial funding, with US$900million from the World Bank and a […] The post
Finance Minister Ken Ofori-Atta has reaffirmed government’s commitment to prioritising access to competitive financing for the private sector, in order to stimulate economic growth and create more jobs for youths in the country. Presenting the mid-year budget on the floor of parliament on Monday, July 31, 2023, Mr. Ofori-Atta said the private sector is the […] The post
The chairman of parliament’s finance committee, Kwaku Agyemang Kwarteng, has called for renewed commitment to payment of taxes to help government overturn the current economic challenges. Although he said rationalisation of government’s expenditure is equally important in the recovery process, he admitted that it is not enough – underscoring the need to raise more domestic […] The post
The National Petroleum Authority (NPA) will start full implementation of the Cylinder Recirculation Model (CRM) in September this year, the Authority’s deputy Chief Executive Officer, Perry Curtis Kwabla Okudzeto, has said. The CRM aims to ensure that by 2030, 50 percent of Ghanaians have access to safe, clean and environmentally friendly LPG; thereby promoting its […] The post
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