A News Desk Report Financial sector stakeholders have expressed optimism following Moody’s recent upgrade of the country’s credit rating, viewing it as a positive sign for the nation’s economic recovery and future growth prospects. On October 11, 2024, Moody’s Ratings upgraded Ghana’s long-term local and foreign currency issuer ratings to Caa2 from Caa3 and Ca […] The post
with ‘Operation Clean the Water Bodies’ early results show improvement in Pra, Bromo rivers In a groundbreaking move to combat the devastating effects of illegal mining – known locally as ‘galamsey’ – on the nation’s vital water resources, the Minerals Income Investment Fund (MIIF) and University of Mines and Technology (UMaT) are set to officially […] The post Galamsey:
In an exciting development for Ghanaians looking to own a home, Republic Bank (Ghana) PLC has announced the launch of the lowest mortgage interest rate available on the market. From now until December 31, 2024, prospective homeowners can take advantage of this limited time offer to secure their dream homes. As part of our ongoing […] The post Republic Bank
By Kizito CUDJOE The Ghana Standards Authority (GSA) is intensifying calls for introducing a new law that will mandate the use of ISO-14001, an environmental management framework, across all mining operations as part of the country’s fight against illegal mining. This proposal aims to enforce sustainable mining practices and limit environmental degradation, which is on […] The post
By Seth KRAMPAH The ARB Apex Bank, together with Chief Executive officers of all rural and community banks in the country, are set for the annual CEOs’ conference scheduled for October 17 at the Volta Serene Hotel, Ho in the Volta Region. This year’s conference is the twenty third in the series and on the […] The post All is set for ARB Apex Bank,
I can always tell when I’m dealing with a founder who’s been through it. It doesn’t take me long now. Their one giveaway is how they spend their money. When I sit down with early-stage founders or young entrepreneurs in Ghana, especially the ones looking for my money, it’s often one of the first things […] The post Great Founders have the ‘P3p3i’
By Mary Anane AWUKU As we delve into one of the most significant challenges businesses face today, financial management it’s essential to recognize that effective money management is not always straightforward. Over the years, I have observed many entrepreneurs fall into the pitfalls of financial mismanagement, so I feel compelled to address this topic with […] The post Managing
By Samuel SAM The Northern Zonal Office of Ghana Shippers’ Authority (GSA) has organised a sensitisation programme to educate media on its operations and trade advocacy efforts. The move seeks to enhance media-knowledge on trade issues and how to help educate the public. The programme was held in Tamale and aimed at strengthening media understanding […] The post Shipper’s
Electrochem Ghana Limited, the country’s largest salt-mining company, has formally handed over concessions under its new outgrower scheme, marking a significant shift in its approach to community engagement and sustainable mining practices. The handing-over ceremony for the scheme, which allocates 1,000 acres of the company’s 7,000-acre mineable concession to local miners and community groups, was […] The post
Financial reporting is a crucial function for any organization and usually presented through financial statements. Thus, financial reporting provides key stakeholders with valuable insights into a company’s performance. Indeed, it enables them to plan based on their understanding of the facts behind the figures. However, many non-professionals find it difficult to interpret and understand financial […] The post
Bank of Ghana’s (BOG) eCEDI has been declared winner of the Innovation in Digital Currency Design for Financial Inclusion at the 2024 Payment, Innovation and Technology Week held on September 23 – 26, 2024 in London, United Kingdom. The BOG’s in a press release stated the award was an account of its impressive presentation of […] The post BOG’s
The Ghana Stock Exchange (GSE) is intensifying its efforts to promote financial literacy and sustainable investing, with the goal of positioning Ghana as a leader in green finance. These plans were outlined by Ms. Abena Amoah, Managing Director of the GSE, during the ‘Ring the Bell for Financial Literacy 2024’ event held in Accra. At […] The post GSE
By Ebenezer ASAFO-ADJEI& Stanley SOLAGAH Every activity worth doing – including the most basic activities such as eating, sleeping, taking a stroll down the street, etc.- carries some degree of risk with no certainty of guaranteed outcome, even when the best-known method or technology is deployed. This saying is also true for investment in financial […] The post
Hello, my name is Dede Nyansapo. I am an entrepreneur who also participates in Accra’s burgeoning gig economy. My love for meeting fascinating people and my curiosity about how they think usually places me in the midst of some very entertaining conversations. Invariably, these conversations lead to some key learnings that may be useful to […] The post Dede
Hello, my name is Dede Nyansapo. I am an entrepreneur who also participates in Accra’s burgeoning gig economy. My love for meeting fascinating people and my curiosity about how they think usually places me in the midst of some very entertaining conversations. Invariably, these conversations lead to some key learnings that may be useful to […] The post Dede Drives the Discourse
By Evelyn ARTHUR The President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng, has made an alarming revelations made on the sheer scale of foreign exchange lost due to excessive charges levied by shipping lines. According to him, Ghana’s dependence on imported goods makes the country vulnerable to the predatory fees of […] The post US$500m
The Ghana Civil Society Organizations (CSOs) Platform on Sustainable Development Goals (SDGs) has thrown its support behind the“End Galamsey” strike led by organized labor, which begins today. The platform, which represents over 500 civil society groups, issued a strong call for the government to take immediate and decisive action against illegal mining, also known as […] The post
The Insurance Brokers Association of Ghana (IBAG) has raised concerns over the growing trend of non-insurance institutions, particularly financial entities, selling insurance products to consumers. At the 2024 Media Soiree in Accra, IBAG President Shaibu Ali warned that this practice is leading to negative experiences for clients and damaging the reputation of the insurance industry. […] The post
The ongoing controversy over alleged illegitimate and arbitrary charges imposed by shipping lines operating in Ghana has drawn a direct response from the Ship Owners and Agents Association of Ghana (SOAAG). Following recent protests by freight forwarders and members of the Ghana Union of Traders Association (GUTA), the Executive Member of SOAAG, Adam Imoru Ayarna, […] The post
As part of efforts to simplify access to government services, a new app known as the Citizen App Data Interoperability System (CADIS) has been introduced to revolutionize citizen interaction with state institutions. The app, available on both iOS and Android platforms, aims to provide citizens with a one-stop shop for a range of government services, […] The post Citizen App launched appeared
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