The Economic and Organised Crime Office (EOCO) has concluded its investigations into alleged organised crime in the award of contracts at the Ministry of Roads and Highways. The probe stemmed from claims made by Professor Stephen Adei, a former Rector of the Ghana Institute of Management and Public Administration (GIMPA). In October 2023, Professor Adei […] The post EOCO
April 13, 2024 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will […] The post Full
The Government is seeking to plug the revenue gap created as a result of the abandoned VAT on electricity with a tax on the foreign incomes of resident Ghanaians. At the beginning of the year, the government introduced a value-added tax on electricity, however, it was forced to abandon the initiative following a public backlash. […] The post Govt
By Dela EVANS Governments around the world face the complicated task of navigating national development in a landscape full of complexities and uncertainties. In the pursuit of sustainable prosperity and national identity, a clear distinction is emerging between the aspirations of nation-building and national development planning strategies for national development. Nation building, with its ambitious […] The post
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
Fidelity Bank, Ghana’s largest privately-owned bank, reaffirmed its commitment to empowering women entrepreneurs during the Women in Business Dialogue Series hosted by the Business and Financial Times. Nana Esi Idun-Arkhurst, Divisional Director, Retail & Business Banking at Fidelity Bank, delivered impactful insights at the event, emphasizing the importance of cultivating investor-ready businesses and Fidelity’s commitment […] The post
To position Ghana as a leading force in blockchain utilisation, development and talent cultivation to address pressing societal needs, Eric Annan – alongside a dedicated founding team – embarked on a transformative journey to establish the Blockchain Builders Association of Ghana (BBAG). In just under seven months, BBAG has achieved remarkable milestones, showcasing its unwavering […] The post
Mr. Asomaning, Dr. Serebour exchanging pleasantries Stanbic Bank Ghana has officially signed a Memorandum of Understanding with the Ghana Medical Association (GMA) to introduce financial care packages tailored to Read More... The post Stanbic Bank, GMA Sign
Africa holds the key to moving towards a world free from hunger and poverty. It is in Africa where enormous gains can be made, and agrifood systems transformation is the definitive foundation for the continent to realise sustainable development and modernisation. This month, ministers of Agriculture from across Africa will meet in Morocco for the … The post Unlocking
There is a lack of detailed information on the African Continental Free Trade Area (AfCFTA) among women and youth in business, a situational analysis conducted by the Aya Institute for Women, Politics and Media, has found. While information about the protocol has primarily reached technical experts and businesses, women and youth in the micro, small […] The post Editorial:
IMF, BoG and Finance Ministry officials after the press conference Ghana has reached a staff-level agreement with the International Monetary Fund (IMF) on the second review of the country’s Read More... The post IMF 2nd Review: Govt Reaches Staff-Level
“Banking is transforming. What a bank will be in 2030 is going to be significantly different from what a bank has been for the past few hundred years.” …Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth Quickening the Pace of Digital Banking Last week we examined some critical training needs that financial institutions can help bridge […] The post
…Are we ready? By Daniel Sarkodie DUAH Just a little more than five years ago, technology started to focus on changing the insurance industry. Even though insurance is super important for the world to grow and expand, it was slower to use new technology compared to other industries. This means that while other industries were […] The post Could insurtech overtake
By Gordon ADOMDZA (Dr) The sub-Saharan African region is set to power the next phase of global population growth. According to Foresight Africa (2020), 8 out of 10 fastest-growing countries will be in the region by 2030. This situation will intensify the demand for meaningful work, with more qualified graduates competing for limited job opportunities. […] The post Entrepreneuring
By Amos SAFO Last week, I was shocked to the core when the whole nation wasted what should have been valuable productive man-hours to discuss the merits and demerits of distributing laptops to students of Senior Secondary Schools. The unproductive use of the national frequences on both radio and television was equally disturbing because in […] The post The needless politicisation
It is a welcome relief to hear the Ministry of Food and Agriculture (MoFA) categorically deny the commercialisation of certain genetically modified organisms like maize, soy or even perhaps, tomatoes in our food chain. The clarification comes amid concerns expressed by a number of interest groups like the Peasant Farmers Association of Ghana (PFAG), aggregators […] The post
By J. N. Halm Artificial Intelligence. AI. Who would have thought? Ever since the publication of the paper that postulated the idea that machines, particularly computer systems, could exhibit some form of intelligence, the idea has refused to go away. That paper titled “Computer Machinery and Intelligence” by English mathematician and computer scientist, Alan Mathison […] The post AI’s dark
The car hummed softly as we navigated the familiar streets of Accra, the engine’s rhythmic purr serving as a backdrop to the heavy silence that hung between us. My passenger, a young boy, and one of my favourite nephews, slouched in the back seat, stared out the window with a distant look in his eyes, […] The post Dede Drives the Discourse:
…The power of exceptional customer experience “Often times consumers, clients, and customers are not just buying a product or service, they are buying an experience, a feeling, a perception, a person (YOU)” – Bernard Kelvin Clive Agyemang responded in Pidgin English, “Now the system spoil o, every small business owner thinks say dem be bossu, […] The post
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has stated that in Ghana’s recent history, the country has not been able to successfully implement a programme with the International Monetary Fund (IMF) in an election year without derailment. However, he has assured that the government and the central bank are committed to changing […] The post In
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