INTRODUCTION Right Honourable Speaker, Honourable Members of Parliament, I stand before you, on the authority of His Excellency, President Nana Addo Dankwa Akufo-Addo, to present the Mid-Year Fiscal Policy Review of the Budget Statement and Economic Policy of the Government of Ghana for the 2023 Financial Year. Today’s presentation is in fulfilment of Section 28 […] The post 2023
Advans Ghana Savings and Loans, a leading savings and loans company, has planted 1,111 seedlings in Accra and Tamale as part of its corporate social responsibility and commitment to combat climate change. Advans Ghana, since 2019, has been involved in the planting of 1,450 trees under its corporate social responsibility programmes. This year’s exercise was […] The post
Finance Minister, Ken Ofori-Atta, has disclosed that the government’s YouStart initiative has benefited 26,626 individuals across the nation since its launch last year. The initiative aims to provide participants with entrepreneurial skills, investment readiness tools, as well as coaching and mentoring services. “To equip participants with entrepreneurial skills, investment readiness tools as well as coaching […] The post
outlines efforts to prevent diversion of premix fuel The Finance Minister, Ken Ofori Attah, announced that the first phase of the Anomabo Fisheries College project in the Central Region of Ghana has been completed. As a result, the enrollment and training of students will commence by the end of this year. During his presentation of […] The post
If climate change remains unaddressed, Ghana could face a significant cost of approximately 1.7 per cent of its GDP annually by 2030, the World Bank has estimated. In response to this challenge, the Finance Minister, Ken Ofori-Atta, said during the presentation of the 2023 mid-year budget review that the government is actively working to secure […] The post
In line with Government’s unwavering commitment to industrialisation, the implementation of the flagship One District One Factory (1D1F) Initiative is on course, Finance Minister Ken Ofori-Atta has said. According to him, as of June 2023, 126 factories were operational nationwide, creating over 160,000 direct and indirect jobs, “especially for the youth who have been mobilised […] The post
Due to general slowdown across economy’s three major sectors Finance Minister Ken Ofori-Attah has made an announcement regarding the revision of the projected Real GDP growth for 2023. The overall growth rate has been adjusted downward to 1.5 percent from the previous estimate of 2.8 percent, and the non-oil Real GDP growth has also been […] The post Projected
Finance Minister Ken Ofori-Atta says the economy is “showing signs of recovery”. During the presentation of the 2023 mid-year budget review, he highlighted the stabilization of the exchange rate, accompanied by a decrease in inflation and interest rates since December 2022 as evidenced by the recovering economy. “These outturns are the result of the focused […] The post
Governments hold a central role in steering their nations toward sustainable development and ensuring compliance with globally accepted environmental and social standards. This is according to the Director for sub-Saharan Africa at the Association of Chartered Certified Accountants (ACCA), Jamil Ampomah, who argues that public policies, regulations and incentives can be powerful tools in shaping […] The post
When I reflect on our journey as a bank, it is the profound impact we make on people’s lives that brings a genuine smile to my face. The reason we wake up every day with enthusiasm is to fulfill the needs of our customers, whether they are individuals, businesses, or organizations. At the heart of […] The post Reflecting on Absa’s impact
The Chief Executive Officer (CEO) of the Association of Ghana Industries (AGI), Seth Twum- Akwaboah, has assured of his outfit’s resolve and commitment towards championing the course of sustainability and corporate social responsibility (CSR) in Ghana. According to him, the association, having embraced the concept and principles of CSR and sustainability, has over the years […] The post
“You can’t shake hands with a clenched fist.” – Indira Gandhi Dear Readers, based on a few requests I am repeating this two-part series first published in January 2014. It is still relevant and a guide for managers who coach new recruits on the oath of secrecy. Banks have a ritual of ensuring that all […] The post Is
The Ghana Insurers Association (GIA) has donated hospital consumables to the Trauma and Specialist Hospital, Winneba. The gesture forms part of the insurance trade body’s corporate social responsibility in a clear demonstration of its unwavering commitment in supporting victims of road crashes. The event was part of activities lined up to mark the Insurance Awareness […] The post
The General Agriculture Workers Union (GAWU) of the Trade Union Congress (TUC) has appealed to the government to take immediate steps to ban the export of raw rubber (cup lumps) materials to save the rubber industry and the loss of jobs. “We don’t even have enough, why do we export? We must first produce to […] The post Ban export of
In recent years, the country has been facing significant challenges in maize production due to irregular rainfall patterns; with extreme rainfall events being a major contributor to the failure of crops, according to a report by the Statistics Research and Information Directorate (SRID) of the Ministry of Food and Agriculture (MoFA). Maize is a crucial […] The post
The recent announcement of ‘first oil’ from the Jubilee South East (JSE) project has sparked excitement and showcased the rewards of committed partnerships with government support. Tullow Ghana, the operator of the Jubilee Oil field, proudly shared a few weeks ago that it had successfully delivered first oil from the JSE area – an extension […] The post
The University for Development Studies (UDS) has held its 15th inaugural lecture with a call for more investments into aquaculture development. Prof. Eliot Haruna Alhassan – with the Department of Fisheries and Aquatic Resources Management, Faculty of Biosciences – who made the call, noted that the fisheries sector contributes to socioeconomic growth; alleviating poverty and improving […] The post
…as it celebrates 25 years of providing organic IT solutions The Chief Executive Officer of Fairgreen Limited, Gifty P. Boahene, has reaffirmed her outfit’s commitment to providing cutting-edge technology to aid growth in the fast-paced digital space. She reiterated this as the indigenous firm celebrates 25 years of providing tailored world-class IT infrastructure solutions to […] The post
a lever for driving organisational excellence Amid the constantly evolving business landscape, organisations are on a relentless quest to outperform their competition and secure sustainable growth. To do so they must make strategic decisions, manage risks effectively and constantly improve their processes. One ally in this mission, often underestimated, is the Internal Audit function. Far […] The post
Four students of the SOS-Hermann Gmeiner International College (HGIC) have donated books to the Nsarawa Dansoman Cluster of Schools as part of their community service project. The initiative undertaken by the four students – namely Nana Ahenfua Dankwa, Papa Yaw Amoako-Atuobi, Jake Darkoh and Maame Afua Asabea Yeboah – is centred on the Sustainable Development Goals […] The post
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