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
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
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
…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
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
By Godson Kofi DAVIES In Africa, where the beauty of landscapes is as vast as its cultural diversity, a silent crisis brews in the realm of healthcare. The continent faces a dire shortage of healthcare professionals, a predicament most acute in the rural and underserved areas. According to the World Health Organization, sub-Saharan Africa bears […] The post
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
Black Stars attacker Mohammed Kudus has snubbed all Ghanaian greats picking former Nigeria star Augustine Azuka “Jay-Jay” Okocha as his greatest African player. Despite missing out on the prestigious African Footballer of the Year during is playing days, Kudus believes, the former Fenerbahce and Paris Saint-Germain attacking midfielder. With Ghana legends like Abedi Ayew ‘Pele’ […] The post Mohammed
Ghanaian UK-based Afro-Gospel Musician, Joseph Matthew has urged the organizers and board of Ghana Music Awards to double up their game. According to him, with regards to coming up with GMA-UK and GMA-USA, Ghana Music Awards has the potential, however, a lot of things have to be checked. He draws his conclusion on the fact […] The post Organizers of
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