While Finance Minister Mohammed Amin Adam has criticised the management of Sunon Asogli Power Plant Limited for acting in “bad faith” by shutting down its production plant over Electricity Company of Ghana’s (ECG) unpaid debt, the Institute for Energy Securities warns of an extended version of power fluctuation or ‘dumsor’ if care is not taken. […] The post Editorial:

As the holiday season approaches, government has expressed confidence in the cedi’s ability to withstand increased forex demand. During a media briefing in Washington, D.C., Finance Minister Dr. Mohammed Amin Adam gave this assurance – noting recent efforts to bolster the nation’s foreign currency reserves and secure international financial support to ease pressure on the […] The post

Mr Musah Abdallah, Head of Corporate and Investment Banking at Stanbic Bank Ghana, has reiterated the bank’s commitment to driving the growth of the country’s growth as the economy begins to show signs of recovery. Musah Abdallah mentioned this at a special event organized for the bank’s corporate clients at the Movenpick Ambassador Hotel in […] The post Our

The Chief Executive Officer of Ghana Export Promotion Authority (GEPA), Osafohene Dr. Afua Asabea Asare I, has emphasised the transformative role coconut is playing in job creation along coastal communities in the country, describing it as a vital pathway to a sustainable livelihood. Speaking at the fourth International Coconut Festival Ghana (ICFG) held in Accra, […] The post

By Kizito CUDJOE Ghana’s mining sector saw a troubling surge in accidents last year, with fatalities spiking by 600 percent, raising serious concerns about safety within the industry. In 2023, seven workers lost their lives, up from just one fatality recorded the previous year. According to the Chief Executive Officer of the Ghana Chamber of […] The post Mining fatalities soar

By Christabel DANSO ABEAM The domestic forestry sector is grappling with excessive timber-trafficking, leading to an estimated revenue loss of US$200million annually. Timber trafficking takes place when loggers harvest and transport timber without complying with the country’s forestry regulations, dodging taxes, royalties and fees that should boost government revenues. This situation threatens both the timber […] The post

CalBank PLC has reported an impressive financial results for the third quarter of 2024, demonstrating significant growth and solidifying its turnaround strategy. The bank in a statement  reported a profit-after-tax of GH¢223.9 million, reflecting a 26.1 percent increase compared to the same period last year, and a 41.8 percent rise over the first half of […] The post CalBank

… as Sunon Asogli demands US$60m of US$259m to fire-up plant Businesses and households should brace themselves for a potential new wave of extended intermittent power outages, as one of the country’s largest electricity producers – Sunon Asogli – has suspended operations, the Institute for Energy Studies (IES) has warned. “In case you are experiencing […] The post Extended

The Bank of Ghana has confirmed Joe Jackson as the new Chief Executive Officer of Dalex Finance and Leasing Company Limited, a leading innovator in the financial sector. This regulatory approval solidifies his position as the head of Dalex Finance effective immediately. Joe Jackson brings over 20 years of experience in the financial technology sector […] The post BoG

posts 192% growth in profit Pays GH¢0.0043p as dividend Odotobri Rural Bank PLC at Jacobu in the Amansie Central District of Ashanti Region has recorded impressive growth in all indicators for the 2023 year under review. The bank recorded a profit before tax of a little over GH? 13.6 million as against approximately GH? 4.7 […] The post Odotobri Rural Bank records

Kwaku Osei-Sarpong, Managing Director of RIFE Energy Ghana Ltd and Founder of CIPA Holdings Group, has been named the Rising Star of the Year at the 2024 Ghana Energy Awards. This prestigious award recognises Osei-Sarpong’s exceptional leadership and unwavering commitment to driving innovation, sustainability, and investment in Ghana’s energy sector. Osei-Sarpong’s vision extends beyond simply […] The post

…Industrial carbon removal, and local community development GIP invests into Truecoco Ghana Limited to drive agricultural processing expansion and industrial carbon removal from agricultural waste. The investment will drive the expansion of Truecoco’s soybean processing and the launch of an industrial biochar carbon capture project. This partnership promotes environmental sustainability while empowering over 4,000 smallholder […] The post

Dr. Prince Alvin Kwabena Ansah has been honored with the Industry Leadership Award in Technology, at the esteemed 7th Ghana Business Awards. This accolade marks yet another milestone in his mission to shape Ghana’s digital future. Organized by Globe Productions with backing from the Ministry of Tourism, Arts, and Culture, the event held at the […] The post Dr.

By Juliet Aguiar DUGBARTEY Employers have been advised to treat employees as key assets to the growth and sustainability of their businesses. “Employees are one of the important tools needed to build a strong workforce for tomorrow. Train them to adapt to the changing world of doing business to be able to compete favourably,” Mr. […] The post Treat

By  Enock YEBOAH-MENSAH Financial statements are a summary of the financial records of an organisation that shows its financial performance over a given period and financial position as at a point in time. In my previous article (published on 25th April 2024), we looked at why companies publish their financial statements. The purposes for which […] The post

By Enoch k. AKUFFU-DJOBI Financial statements are like a language—one that speaks to the health, prospects, and operations of a business. Yet, beneath the seemingly straightforward balance sheets, income statements, and cash flow reports lie hidden messages that reveal much more than meets the eye. Investors, analysts, and stakeholders need to be able to decipher […] The post

By Samuel LARTEY (Prof.) [email protected] The “War for Talent” is not just a global phenomenon, but also a critical issue within Ghana’s employment ecosystem. As organisations compete for the brightest and best, leaders in the country face an ever-increasing challenge: how to attract, retain, and grow top-tier talent in a rapidly evolving marketplace. This article […] The post

By Juliet Aguiar DUGBARTEY The Sekondi-Takoradi Metropolitan Assembly (STMA) has launched the Sustainable Energy Access and Climate Action Plan (SEACAP) to combat climate change and increase access to sustainable energy. The SEACAP document is a comprehensive strategy for reducing greenhouse gas emissions, increasing access to clean energy and building resilience against climate impacts while fostering […] The post

 By:  Sena AGBODJAH (Dr) & Susanna OTOO The Heads of Schools, Teachers & Counselors Workshop is an annual educational workshop hosted by Academic City University College. It aims to bring together high-school educational leaders and practitioners to share insights, best practices, and strategies for enhancing the educational experience and outcomes for high school students. The […] The post

As part of a strategic plan to strengthen its operations and drive robust growth across the ECOWAS region, the Promasidor Group has appointed its current CEO of Ghana, Festus Tettey as the CEO of ECOWAS excluding Nigeria with immediate effect. Mr. Tettey will oversee its operations across the rest of West Africa excluding Nigeria, ie, […] The post Promasidor announces leadership