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
Mohammed Amin Adam In a press briefing held on Saturday, Finance Minister Mohammed Amin Adam assured Ghanaians that the government is committed to not burdening citizens with more taxes. Read More... The post Government Assures Ghanaians Of No New Taxes appeared
The Ministry of Transport has directed the Ghana Police Service and other security agencies to arrest any commercial driver who has resorted to charging new transport fares outside the existing one, thereby, putting undue burden on commuters. In a statement signed by its Public Relations Unit and released in Accra on Sunday, April 14, 2024, […] The post Arrest
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
…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
Francis Tomore Boi, a renowned Tax Analyst, has endorsed the government’s initiative to tax the foreign incomes of resident Ghanaians as a strategic move to address the revenue shortfall resulting from the abandoned VAT on electricity. He described this as a smart move by the government. His comments are on the back of the government’s […] The post Taxing
Shirley Naana Ampem, the Eastern Regional Women’s Organizer for the National Democratic Congress (NDC), has stated that Ghanaian women will be one of the major beneficiaries of John Dramani Mahama’s proposed 24-hour economy policy. According to her, the policy could significantly boost economic opportunities for women, particularly in the night market economy and key industries […] The post Ghanaian
Immediate past National Chairman of the opposition National Democratic Congress ( NDC) Samuel Ofosu Ampofo has described as a national assignment the quest of the party to win the December 7 general elections. He urged patriots of the party and the Ghanaian community to vote massively for the NDC as a national assignment to rescue […] The post Election 2024: Voting out NPP, a
The CEO of the Independent Power Generators, Ghana (IPGG), Dr. Elikplim Kwabla Apetorgbor is advocating strategic planning in our power generation and distribution framework. He says that the focus of IPGG is on enhancing efficiency through advanced technologies and better planning strategies. In a statement, Mr Apetorgbor said “We are dedicated to working collaboratively with […] The post CEO
The International Monetary Fund (IMF) has announced a staff-level agreement on the second review of the extended credit facility with Ghana. Once approved by IMF Management and completed by Read More... The post IMF
The Importers and Exporters Association of Ghana has raised concerns over the country’s loss of port traffic from the Tema Port to the Lomé Port in Togo. While Tema Port’s traffic has increased, it has not been growing as rapidly as Lomé’s Port, which has seen a significant increase from 300,000 thousand containers per annum […] The post Ghana
The government is under scrutiny for its handling of the co-financing agreement with the Global Fund, as revealed by Ernest Amoabeng Ortsin, the president of the Ghana HIV and AIDS network. This issue has come to the forefront following the Ministry of Health’s clearance of 14 containers of anti-retroviral drugs and TB medications at the […] The post Govt
The International Monetary Fund (IMF) has reached the staff-level agreement on review of the extended credit facility with Ghana. The IMF in a statement released on Saturday April 13, 2024, said Ghana will have access to about US$360 million in financing once the review is approved by IMF Management and formally completed by the IMF […] The post IMF
The Ministry of Tourism, Arts, and Culture and the Ghana Tourism Authority are hopeful that the Ministry of Finance will consider providing tax reliefs in the mid-year budget review for operators in the sector following a paper they presented on the issue. According to the two entities, poised to make tourism the number one GDP […] The post Domestic tourism:
The Ghana Private Roads and Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council (GRTCC) have urged commuters not to adhere to any proposed new transport fares that have yet to receive official approval. This announcement comes in response to the Transport Operators Union and the Concerned Drivers Association of Ghana, declaring a 30 […] The post Don’t
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU [email protected] / [email protected] The recent hike in inflation in March was ‘not surprising’ and poses no significant threat to the general recent disinflationary trend, Head of Research at GBC Capital, Courage Boti, has said. Consumer inflation reached a new high of 25.8 percent in March 2024, […] The post
The Chartered Institute of Logistics and Transport, CILT Ghana, has organised a business forum to discuss the cost of doing business in Ghana’s ports as well as its implication on import and export trade. The forum had participation from key stakeholders like Ghana Ports and Harbours Authority, Shipping Lines, Ghana’s Shippers Authority, and some logistics […] The post CILT discusses cost
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