This month, G20 finance ministers agreed to a proposal to issue $650 billion worth of the International Monetary Fund’s reserve asset, special drawing rights (SDRs), and an additional six-month moratorium on debt payments for up to 73 developing countries. But while the agreement represents a step in the right direction, the G20 missed the opportunity […] The post The G20’s missed opportunity
Central Bank Accountability: As noted in the first part of this series, of those who run the central bank, the most important, in my opinion, is the board, which is sacrosanct and must be maintained so. Thus, the first line of accountability would have to be the board of the central bank and it must […] The post Towards a new paradigm in the COVID-19 Era (Two) appeared
Scores of mobile money agents have questioned the motive of telecoms giant MTN Ghana in withholding their ‘operating cash’ for a month – over some perceived illegal transactions since the rolling-out of ID card verification for mobile money (MoMo) transactions. According to some of the agents who picketed in front of the Nhyieaso office of […] The post Disgruntled
The Agricultural Development Bank (ADB) has presented a total of 150 bags of sugar and 150 bags of rice to the Muslim community in support of this year’s Ramadan. Presenting some of the items to the National Chief Imam, Dr. Sheikh Osmanu Nuhu Sharubutu at his residence, the Deputy Managing Director of the Bank, Alhaji […] The post ADB donates to Muslim community for Ramadan
Every citizen of Ghana who earns income has an obligation to declare their income honestly and pay the right taxes, at the right time as stipulated by law. Taxes are major sources of revenue to the state for the funding and provision of public goods and services such as security, health care, education, utilities, and […] The post Annual Tax Returns:…what is
Figures released by the Ghana Statistical Service (GSS) has shown that the year-on-year inflation rate for March 2021 was same as the 10.3% recorded in February this year. Month-on-month inflation between February and March 2021 was 0.9% , slightly higher than last month. “Housing, Water, Electricity, Gas’ (29.0% up from 23.4% last month) and ‘Food […] The post March inflation
Bui Power Authority (BPA) and the Ghana Armed Forces (GAF) have collaborated to build a Forward Operating Base (FOB) at the Bui Generating Station (BGS) – to among others provide security for national assets on the Bui Hydroelectric Project acquired land of about 1,800 square kilometres. When completed, the FOB facility will accommodate about 150 […] The post Bui
Until fairly recently, cannabis hasn’t exactly been presented with the most minimalist of aesthetics. Most products in the marketplace look as if they’re thirst trapping stoners with extravagant color schemes and bawdy graphics. While the industry has stepped out of the shadows, the branding is still in neighborhood weed dealer mode — shout out to […] The post Raw
Government is keen on meeting the 85 percent financial inclusion target set for 2023 in an attempt to enlighten the public on ponzi schemes and illicit financial activities, all to significantly reduce issues of financial fraud among others. Despite efforts to clean up the financial sector and ensure market discipline to protect investments of Ghanaians, […] The post Gov’t
One of the most significant socioeconomic changes accelerated by COVID-19 must surely be the rise of digital labor platforms. Of course, platform-based employment had already been growing exponentially before the pandemic. But the combination of lockdowns and stay-at-home orders, and the consequent greater reliance on remote work, has dramatically increased both their spread and intensity […] The post Employment
Fortress AIM Ghana, a fully-indigenous Ghanaian service provider in the oil and gas sector, has inaugurated its operational office for the Western Region at Takoradi. The company offers a specialised and complementary portfolio of international standard product and service solutions, including Asset Integrity Management. Kwaku Sekyiamah, Group Chief Executive Officer of Fortress AIM Ghana, said […] The post Fortress
The Deputy Director General for Management Development and Productivity Institute (MDPI), Miss Bernice Adjei, has stated that MDPI will be taking over the International Labour Organisation (ILO) SCORE programme by the end of 2021. She made this statement in an interview at a training session organised by the ILO for Implementing partners on ‘SCORE Data […] The post MDPI takes
Opportunity International Savings and Loans Limited (OISL), a multiple award winning savings and loans company as part of its CSR activities provided support to the Akropong School for the Blind in the form of provision of personal Protective Equipment worth GH¢10,000. The items presented included 200 packs of surgical masks, 500 pieces of sanitizers and […] The post Opportunity
2020 has been a monumental year for eCommerce. While we can all admit it was a strange year for sure and quite challenging at times, it was also a revolutionary year. 2020 forced us to look at eCommerce and digital media in new ways, and there is no more looking back. Social commerce is on […] The post Afrostylicity: Making the Best Use of
It might sound surprising to the lay man that a medical doctor could be afraid of the syringe or a driver is skeptical about travelling on a personal journey by bus or the insurer is pessimistic about writing a business because life is always filled with risks. A good insurance underwriter is usually measured by […] The post Organisational culture, the woes of the risk
TAXATION VS. DEBT: As cited by the International Monetary Fund (IMF), the coronavirus pandemic has instigated a global economic downturn that the world has never experienced since the Great Depression. According to available statistics, not even the strongest of economies have been able to withstand the shocks associated with this economic downturn caused by the […] The post Is
The Attitude Lounge by Kodwo Brumpon “Don’t shelter under a wild banana tree and then cut it down when it stops raining.” – Kenyan proverb. We have made great advances in knowledge and technology, and for the most part we are using them to shape the earth to suit us. On the surface, they look […] The post The Human Problem appeared first on The
Losses in power distribution could rise exponentially from the estimated GH¢1.3billion a year if urgent steps are not taken to address challenges with the Self-Help Electrification Programme (SHEP) – a community-driven electrification mechanism introduced in 1989, an Africa Centre for Energy Policy (ACEP) report has warned. The report, ‘The prevalence of illegal meters in the […] The post SHEP
Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has appointed Akin Dada as Group Executive, Corporate and Investment Bank. Mr Dada joined Ecobank in 2017 as the Executive Director for Corporate Bank in Nigeria, and prior to his new appointment was Group Head, Corporate Banking for the Ecobank Group. Akin has over 30 […] The post ETI
More than 100,000 persons in Ghana are homeless on any given night. Some people sleep in market shelters, others sleep on floors in shops, and the majority sleep in uncompleted buildings with their children. The term ‘streetism’ is used to describe children who live and work on the streets due to broken family ties, and […] The post Key indicators for streetism and
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