Financial irregularity is one of the thorny issues organizations tend to grapple with in their operations. It is a matter of interest in terms of demanding accountability regarding the use of resources. The issue is a yearly ritual in the public financial management of government institutions and attracts wide national commentary. The private sector also […] The post
According to the Global Risks Report, some of the most severe risks the world may face over the next decade against a backdrop of rapid technological change, economic uncertainty, a warming planet and conflict is one that would not easily rebound from continued shocks. As cooperation comes under pressure, weakened economies and societies may only […] The post
With over 50 years of experience in responsible financial services, Brac, has launched the Brac Ghana Savings and Loans Ltd, (BGSL) to promote financial inclusion and economic empowerment particularly for women in Ghana’s rural and hard to reach areas. This marks their sixth microfinance institution in Africa. In his opening address, the CEO of Brac, […] The post Brac
In a significant step to further enhance operational efficiency and customer service, Enterprise Computing Ltd. (ECL) has announced the successful completion of a Service-Ready Training Program by its management team. The three-day event took place at ECL’s state-of-the-art training facility, situated within its newly-built corporate headquarters in Tema. This initiative reflects ECL’s devotion to delivering […] The post
Deputy Finance Minister Abena Osei-Asare has defended the 2017 financial sector clean-up, which led to the liquidation of 420 institutions. She put up the defence in response to the Chairman of the Public Accounts Committee, James Klutse Avedzi, who attributed the tax default of some of the institutions to the financial sector clean-up. The Ghana […] The post Abena Osei-Asare
In a ground-breaking collaboration, Oxford Business Group (OBG) and the Africa Prosperity Network (APN) are joining forces to spearhead the APN initiative to identify and address bottlenecks in manufacturing, adding value, and trading within the African continent. This strategic partnership signifies a commitment to shedding light on Africa’s economic landscape, particularly in Ghana and the […] The post
The Development Bank Ghana has injected more than GH¢1billion into the private sector since its inception in June 2022, its Chief Executive Officer, Kwamina Duker, has revealed. This investment, he noted, has played a pivotal role in fortifying over 80 businesses, resulting in the creation of over 6,000 jobs. Thirty-eight percent of these jobs have […] The post DBG
Standard Chartered Wealth Management Chief Investment Office (CIO) has released its Outlook 2024 report, outlining its investment strategy for the year ahead. The US and other major economies are likely to witness sharply slower growth and sliding inflation in 2024. Equity and bond markets are expected to start 2024 positively, supported by hopes of a […] The post Outlook 2024: Sailing with
I had gone to find spare parts for my now ageing Toyota Fortuner vehicle at Abbosey Okai. I was highly amused listening to some of the submissions during a heated debate on how the cedi has depreciated against the major foreign currencies. As I haggled over the prices of the spare parts to fit my […] The post Random
Oman Investments Company has introduced its advisory board to the public—a pivotal move to fortify governance and embark on purposeful expansion into its existing markets. The Advisory Board brings together a notable and accomplished group of Capital Raising, Legal, Technology, and ESG experts, with complementary experiences and viewpoints on technology, all united by their shared […] The post
A cybersecurity expert who doubles as president of the Cyber Security Expert Association Ghana (CSEAG), Abubakar Isaaka, has called on the Cybersecurity Authority (CSA) to collectively work with accredited professionals within the sector to apprehend all individuals behind evolving job scams. He indicated that with a joint effort in conducting “a comprehensive reconnaissance”, they will […] The post
With misfortunes of the early 2020s finding their way into 2023, it is not uncommon for people to predict continued economic hardship in the new year of 2024. Two weeks into the new year and the Gaza Strip war has already escalated to epic proportions. Thus, it is not strange to expect doom on the […] The post Trade expert predicts
The Doli Bridge collapse at Bole township is affecting business activities within the Bole district of Savannah Region. It has incurred much cost for shippers who ply diverted routes. Indeed, truck drivers who used to pass through Bole to Sawla have been banned due to collapse of the bridge as a result of a heavy […] The post Editorial:
…safeguards financial system integrity Old Mutual Ghana, a leading insurance company, has paid a courtesy call on Ghana’s Financial Intelligence Centre (FIC) to reinforce their commitment to ensuring the integrity of Ghana’s financial system. The visit’s purpose was, among other things, to address key issues regarding Old Mutual’s collaboration with the FIC and shed light […] The post
An all-inclusive women’s network, Women in Insurance Network of Ghana (WING), has been duly launched to improve participation of women in the insurance ecosystem. The presence of such a network is critical as the latest Future One Agency Universe Study postulates that globally, while women drive the insurance industry – forming over 60 percent of the workforce […] The post WING
As we welcome a new year, now is an opportune moment to contemplate our financial behaviours and establish significant objectives for the upcoming months. Among the various financial resolutions, one goal that stands out for its long-term impact is cultivating mindful spending habits. In this article, we will delve into the significance of mindful spending […] The post
Aggrieved customers of the now-defunct Gold Coast Fund Management Limited are expressing concern about the delay in the commencement of work by the parliamentary ad hoc committee tasked with investigating issues related to their frozen funds. The committee, established by Speaker of Parliament Alban Bagbin on December 6, 2023, with a 3-month timeframe for the […] The post Gold
The year is 2010, a young Eric Osiakwan is engaged in two experiments; getting the West Africa Backhaul Company (WABco) off the ground as an entrepreneur during the day and backing early-stage tech startups by night. Over the next three years, the former faces major headwinds whilst the latter takes off, and with it his […] The post AFA@10 begets Chanzo Capital@10 in 2024
The 5th edition of the CenBA Africa Business Excellence Awards was held at the Golden Bean Hotel in Kumasi in the Ashanti Region on 16th December 2023 to award companies that contributed to the success of businesses through creativity and innovation in Ghana and beyond. Angel Beverages Limited, producers of Angel Cola and other carbonated […] The post Angel
The Deputy Chief Executive Officer in charge of Finance and Administration at the Ghana National Petroleum Corporation (GNPC), Benjamin Kweku Acolatse Esq, has charged indigenes of Yilo Krobo in the Eastern Region, who are seeking greener pastures elsewhere, to look back and contribute their quota to improve social life and infrastructural development of their home. […] The post
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