Business
Stanbic executive calls for involvement of financial institutions in wholesale electricity market
Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market. He made this statement at the Electricity Market Conference held at the Volta Residence, Akuse in the Eastern Region. The Electricity Market Conference had […]
The post Stanbic
Columnist
The roll call of contemporary Financial Evangelists (Part 3)
By Nelson Semanu BOANDOH-KORKOR & Elizabeth BOANDOH-KORKOR “Money is not sinful or evil. The kingdom of God needs it desperately! Making money is what I do best but it must be made for God’s glory and not mine. As a Christian entrepreneur, my company relies on prayer and inward confirmation by the Holy Spirit before […]
The post The roll call
Features
Addressing challenges in power sector
… experts perspectives from “the dialogue“ The power sector in Ghana has been plagued by persistent challenges, including electricity crises that have had significant ramifications on the nation’s economy and livelihoods. In recognition of the urgency to address these issues, The Dialogue, a platform created by the Graduate Students Association (GRASAG) National Secretariat is dedicated […]
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Features
Consistent sanitation triumphs over challenges at African Games
…thanks to Zoomlion The discussion by most Ghanaians as the 13th African Games came to a close in Ghana over the weekend, is the massive patronage of the games just when the curtains were about to come down. The finals of the U-20 men’s football match between Ghana and Uganda which was held at the […]
The post Consistent sanitation triumphs over
Banking & Finance
Exploration fund to serve as financial catalyst -Steven Ackah
By Juliet Aguiar DUGBARTEY Dr. Steven Blessing Ackah, Executive Director of Ghana Gold Expo, has called for the establishment of exploration fund in Africa, particularly Ghana, to serve as a financial catalyst, enabling local individuals and entities to actively participate in exploration activities. He said the Exploration Fund should be accompanied by a strong commitment […]
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Energy
ECG ordered to rectify financial, operational discrepancies
By Kizito CUDJOE The Public Utilities Regulatory Commission (PURC) has issued a strict directive aimed at the Electricity Company of Ghana Limited (ECG) to ensure the financial stability and operational integrity of the energy sector. The directive, issued under Sections 3 and 24 of the Public Utilities Regulatory Commission Act, 1997 (Act 538), follows ECG’s […]
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Editors' picks
Partnerships necessary for policy formulation to accelerate sustainable finance
Head of Financial Advisory & Equity Capital Markets at Stanbic Bank, Isaac Simpson, has emphasized the need for collaboration between the right stakeholders in order to form the necessary policies to accelerate sustainable finance. He made this statement at the 2024 Africa Energy Technology Conference, held at the Labadi Beach Hotel. Speaking on the topic […]
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Sports
Nottingham Forest Deducted 4 Points… For Financial Breach
Nottingham Forest have been deducted four points for breaching the Premier League’s Profit and Sustainability Rules (PSR), the league announced yesterday moving the side into the relegation zone. Forest
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Columnist
Transforming Financial Management: Using Cloud Accounting Solutions
As digitalization continues to transform accounting practices, a business organization needs to respond and adapt to a more reliable and efficient system and application to streamline its operations. The current trend is the integration of financial management with cloud accounting software. Cloud accounting is the use of internet-based accounting software to store, process and secure […]
The post
Headlines
3i Africa Summit to ignite Fintech revolution for Africa’s financial future
Dr. Ernest Addison, Governor of the Bank of Ghana has emphasized the pivotal role of digital technologies in shaping Africa’s future. Speaking passionately about the urgency of embracing digitization in trade and finance, Dr. Addison at the launch of the 3i Africa Summit highlighted Africa’s strengths, including a tech-savvy youth population, extensive mobile penetration, expanding […]
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Columnist
The landscape of IT job losses: Challenges and opportunities
By Emmanuel K. GADASU In the ever-evolving landscape of technology, the IT sector has been a driving force behind global advancements. However, the rapid pace of technological change has not only brought about innovation but has also led to shifts in the job market, resulting in job losses in the IT industry. This article delves […]
The post The landscape
Banking & Finance
Bridging the gap: Financial inclusion lags as 68% of Ghanaians remain financially illiterate
Access to financial services continues to play a pivotal role in driving economic growth in nations across the globe. In the wake of rapid post-COVID-19 structural transformations in economies worldwide, the issue of financial inclusion has taken centre stage in national policy discussions. Financial inclusion stands as a vital indicator for inclusive growth in any […]
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Business
Protecting your business from financial irregularities: A forensic audit perspective
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 […]
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Education
The University Challenge – 10 universities, 10 teams, GH¢1m entrepreneurial prize!
The University Challenge is an unprecedented opportunity for aspiring entrepreneurs. This challenge offers the largest entrepreneurial prize in the country, with a reward of one million Ghana cedis. In a nation grappling with a high unemployment rate, entrepreneurs often struggle to secure the necessary capital to fund their innovative ideas. However, through this challenge, individuals […]
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Business
Tax collection challenges in downstream petroleum sector
…the facts SML discussions ignore Until mid-December last year, Strategic Mobilisation Ghana Limited (SML) was like any ordinary business in the country – judiciously deploying its skills and talents in the concerted effort of nation building. Except for a few publications, mostly on its numerous corporate social responsibility (CSR) activities, the indigenous business quietly worked […]
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Business
Abena Osei-Asare defends 2017 financial sector clean-up
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
Business
DBG stokes growth with over GH¢1bn investment
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
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