Business
Domestic capital market still a viable source of funding – Kobby Bentsi-Enchill
The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has emphasized the importance of the domestic capital market as a viable and sustainable source of funding for businesses. Mr. Bentsi-Enchill said this at the issuance of Letshego’s newly established and expanded GHS 500 million bond programme at the Ghana Stock Exchange. Speaking on […]
The post Domestic
Headlines
I dare Bawumia to name a successful policy he initiated – Joseph Amoah
A member of the Movement for Change, Joseph Amoah, has issued a challenge to Vice President and Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to name a single successful policy that he has initiated. In an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM, Amoah expressed his skepticism about Bawumia’s ability to […]
The post I dare Bawumia
Headlines
Alan invites NPP to the launch of Alliance for Revolutionary Change
Founder of Movement for Change Alan Kyerematen has invited the governing New Patriotic Party (NPP) for the launch of the Alliance for Revolutionary Change at UPSA on 17th April, 2024. The Movement for Change (M4C) led by Alan Kyerematen, and the National Interest Movement (NIM), led by Dr. Abu Sakara Foster recently announced the conclusion […]
The post Alan invites NPP to
Economy
Finance Ministry affirms progress in debt restructuring talks with creditors
The ministry of finance has affirmed that ongoing negotiations regarding debt restructuring with creditors have not culminated in failure. Through a tweet, the ministry clarified that an interim agreement has been reached between Ghana and bondholders, but adjustments are necessary to align with IMF debt sustainability targets. “Ghana and Bondholders reached an interim deal, which […]
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Business
Ghana will have lowest tax rate in ECOWAS under my presidency – Alan
The founder and leader of the Movement for Change, Alan Kyerematen, has pledged to abolish several taxes imposed on imports that he said are unnecessary and a huge burden to the trading community. Mr. Kyerematen made the pledge in an engagement with members of the Ghana Union of Traders Association (GUTA). He said the abolishment […]
The post Ghana will have
Editors' picks
CECECON inaugurated to combat climate change
By Samuel SAM In a bid to tackle climate change and its global impacts, the Centre for Culture and Environmental Conservation (CECECON), a non-governmental organisation (NGO), has been officially inaugurated at the Tamale Technical University (TaTU) in the Sagnarigu Municipality of the Northern Region. The organization aims to sensitise and advocate climate change awareness, in […]
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Banking & Finance
CalBank launches GH¢600m rights issue
By Ebenezer Chike Adjei NJOKU (ebenezer.njoku@thebftonline.com) Indigenous financial services provider, CalBank is aiming to raise GH¢600 million in fresh capital through a renounceable rights issue. This capital injection will aid the lender’s recovery from the effects of the Domestic Debt Exchange Programme (DDEP) and fuel its future growth plans. The move will offer existing shareholders […]
The post
Politics
2024 elections: Economic Fighters League urges collaboration to challenge NDC-NPP duopoly
The Economic Fighters League says it has been closely monitoring recent developments within the political landscape as prominent figures from the establishment defect to forge alliances with other movements, all aimed at challenging the entrenched dominance of the New Patriotic Party and the National Democratic Congress. The Fighters said they extend a warm welcome to […]
The post 2024
Featured
Nana Ohene Ntow: “Ghana is in a dire state of emergency”
Nana Ohene Ntow, a prominent member of Alan Kyerematen’s Movement for Change, has declared that Ghana is currently facing a dire state of emergency. He asserts that the country’s present challenges demand urgent attention, prompting voters to seriously consider Alan Kyerematen’s proposed solutions and vote for him. His remarks follow the recent alliance forged between […]
The post Nana
Columnist
The public debt crisis (1): Lessons for the present and the future
By Dr. Richmond ATUAHENE Abstract The present paper examines the issue of the current Ghana’s public debt crisis, its underlying causes and lessons for the present and the future. After providing a historical discussion, we show that the austerity of the last four years has been unsuccessful in stabilizing the debt while, at the same […]
The post The
Politics
2024 Polls: Alan teams up with Abu Sakara’s National Interest Movement
Independent presidential candidate Alan John Kyerematen has announced a strategic partnership with the National Interest Movement, led by former Convention People’s Party (CPP) flagbearer Abu Sakara, ahead of the 2024 elections. This collaboration, operating under the banner ‘Alliance for Revolutionary Change (ARC),’ was unveiled through a statement released on Thursday, April 4, 2024. In the […]
The post 2024
Business
GSE seeks tax incentives to boost investor participation
By Ebenezer Chike Adjei NJOKU ebenezer.njoku@thebftonline.com The Ghana Stock Exchange (GSE) is pushing for the reinstatement of the capital gains tax exemption on listed securities, with Managing Director Abena Amoah confident it would deepen investor participation and solidify the bourse’s gains. She believes the tax break, coupled with tax incentives for listing companies, would significantly […]
The post
Economy
Gov’t advancing debt restructuring efforts – Fin. Minister
By Joshua Worlasi AMLANU In a comprehensive update on Ghana’s debt restructuring programme, Finance Minister Dr. Mohammed Amin Adam has highlighted the government’s ongoing efforts to restore fiscal sustainability and foster economic recovery. Speaking at a press briefing, the Minister emphasised the significance of upcoming discussions with bondholder representatives to advance restructuring engagements. “In the […]
The post
Editors' picks
Going green: financial institutions as champions of climate action
By Kenneth AMPONSAH Are banks prepared to lead the way in climate action amidst the crisis caused by climate change pandemics and conflict? In this article, I seek to point out some key initiatives and guidance that we as banks can initiate to support this agenda. But before we dive into the world of green […]
The post Going green: financial institutions
Business
Energy transition affecting operations of National Oil Companies – PIAC
The Public Interest and Accountability Committee (PIAC) has stated that the global shift towards sustainable energy sources is putting National Oil Companies (NOCs) under significant pressure. According to PIAC, factors such as climate change awareness, energy security needs, and advancements in renewable technologies, are challenging the traditional oil and gas industry. PIAC in its latest […]
The post Energy
News
I’ll make Eastern Region Ghana’s research and innovation hub – Alan
Flagbearer and leader of the Movement for Change, Alan Kyerematen, has made a solemn pledge to make the Eastern Region Ghana’s premier research and innovation hub if elected president in the upcoming December polls. Mr. Kyerematen made the pledge during his market tour of the Eastern Region on Thursday, March 21. Aimed at engaging with […]
The post I’ll
Business
Over GH¢300m judgement debt paid between 2017 and 2022
The government paid a total of GH¢300,385,317.52 as judgement debt between 2017 and 2022. The Ministry of Finance made this known in an updated information on judgement debt payment dated August 2023. The Ministry revealed that the payments were made to over 60 individuals and organisations. For instance, in 2017, Albert Osei was paid GH¢279,412.83; […]
The post Over
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