Mrs. Elsie Addo Awadzi, the Second Deputy Governor of the Bank of Ghana, has served notice of her decision to take early retirement from the Bank with effect from 28th February 2025. Mrs. Addo Awadzi was appointed on 12th February 2018 for her first four-year term and re-appointed for a second term in February 2022, […] The post 2nd deputy
By Joshua Worlasi AMLANU Ghana’s financial sector faces a pressing dilemma: banks, wary of high non-performing loans (NPLs), prefer investing in government treasury bills over lending to small and medium-sized enterprises (SMEs). While this risk-averse approach offers banks a safer return on investment, it stifles economic growth by depriving SMEs of much-needed credit. Compounding the […] The post
By Wisdom JONNY-NUEKPE Building brand equity can help to increase awareness and boost recognition to grow sales and profits long-term. Focusing on customers and how they perceive your brand can allow you to develop lifetime recognition. Brand’s equity enables brand owners to determine whether the brand is at the top of consumers’ minds when shopping. […] The post
J.A. Plant Pool Ghana Ltd. (JAPP), a leading supplier of heavy-duty equipment, light-duty vehicles, and after-sales services, has reinforced its industry leadership in 2024 through groundbreaking innovation, strategic partnerships, and a commitment to excellence. Driving Ghana’s Road infrastructure development JAPP played a crucial role in the District Road Improvement Programme (DRIP) by supplying over 2,000 […] The post
The Global Africa Business Initiative (GABI) issued its Unstoppable Africa 2024 Executive Summary today, shedding light on transformative strategies and solutions to reshape Africa’s financial narrative and accelerate economic growth. The report highlights GABI’s call for the development of an inclusive financing model to address Africa’s unique challenges, focusing on concessional financing, attracting private sector […] The post
By Bernard Kelvin Clive This week we continue our series on the ‘Rise of the Silent Brands. This is the thing; not all the powerful brands are visible. Some of the most influential individuals and businesses operate quietly, pulling the strings behind the scenes while remaining virtually unknown. I call them “ungoogleable brands.” They don’t […] The post
It has come to my notice that the CEO of the AOMCs and LPG Marketing Companies, Dr. Riverson Oppong, a key stakeholder of the downstream sector is leading the crusade against the bastardization of the novel G4O program put in place by the NPP government so salvage the suffering of our people. He made these […] The post Rejoinder: Gold for oil is successful
The Minerals Income Investment Fund (MIIF) has responded to recent media reports alleging financial irregularities within the organisation, particularly concerning the tenure of the immediate past Chief Executive Officer. In a statement issued on Monday, MIIF clarified that its financial statements are currently undergoing a comprehensive audit in line with established procedures and corporate governance […] The post
By Joshua Worlasi AMLANU and Ebenezer Chike Adjei Njoku Capital market leaders are optimistic that significant reforms can be achieved in the medium-term, with the Ghana Stock Exchange (GSE) and Ghana Securities Industry Association (GSIA) pushing for legislative and structural changes in partnership with new leadership at the Securities and Exchange Commission (SEC). The institutional […] The post
By Kizito CUDJOE Domestic petroleum revenue fell 62.63 percent in the second half of 2024, with receipts totalling US$517million, down from US$840.77million in the first half of the year, according to the Bank of Ghana’s (BoG) Petroleum Funds Report. Total annual revenue reached approximately US$1.3trillion. The report, covering the period up to December 31, 2024, […] The post Petroleum
Old Mutual Ghana has announced the appointment of Roy Punungwe as the new Group Chief Executive Officer (CEO). Mr. Punungwe takes over from Tavona Biza, who has led the business with distinction for nearly six years. The incoming Group CEO, Mr. Roy Punungwe, joined Old Mutual Limited in 2015 and has held several senior roles […] The post Old
President John Dramani Mahama and Eni’s Chief Executive Officer, Claudio Descalzi, have held discussions on expanding operations in the upstream petroleum industry. During the discussions held in Accra, Eni brought to the President attention some new short and medium-term exploration and development opportunities. The Italian company particularly expressed interest in increasing its stake in the […] The post
This year’s 10th Ghana Women of Excellence Awards Ceremony has been scheduled to take place on Friday, 7th March 2025, the eve of International Women’s Day. The Awards ceremony is being organised by Top Brass Ghana under the auspices of the Ministry of Gender, Children and Social Protection. According to Isaac Dakwa, Director of Top […] The post Vice-President
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