The Bank of Ghana has commenced a Business Model and Viability Analysis (BMVA) framework to enhance assessment of banks’ business model sustainability. The initiative was announced by Dr. Ernest Addison, Governor-Bank of Ghana, at the Ghana Association of Banks (GAB) 40th Annual General Meeting and launch of the GH Bankers’ Voice Magazine’s 3rd edition. The BMVA Framework, as explained by Dr. […] The post
Private medical facility Sonotech Medical and Diagnostic Centre has called on all women to get screened as the world marks Breast Cancer Awareness Month this October. According to the facility’s Medical Director, Dr. Grace Buckman, available statistics indicate that breast cancer is the second-leading cause of cancer deaths – hence the need to create more […] The post
The prevailing domestic macroeconomic conditions have been ranked as average in comparison to other countries by the latest Stanbic Bank Africa Trade Barometer (SB ATB), with moderate impact on the economy’s trade attractiveness. Ghana’s ranking in the overall SB ATB declined from position 2 in September 2022 to position 5. This shift was partially due […] The post
The Bank of Ghana (BoG) has yet to decide a roadmap for the eCedi roll-out, despite a successful completion of the pilot last year, Head-FinTech and Innovation, BoG, Kwame Oppong, has said. The uncertainty surrounding official introduction of the digital currency, he explains, is due to the crunch economic conditions in the country – marked by […] The post BoG
The Minerals Income Investment Fund (MIIF) has announced plans to invest some US$30million into legally established small-scale mining ventures through an incubation programme. The initiative – Small-Scale Mining Incubation Programme – seeks to assist small-scale miners to grow and develop into responsible and sustainable mid-tier mining operators. The programme is expected to support formalisation of […] The post
Key findings New business continues to rise, but at weaker pace Faster increase in employment Inflationary pressures remain muted The latest PMI data signalled ongoing growth in Ghana’s private sector at end of the year’s third-quarter. Further increases in output and new orders were recorded, although there were some signs of demand softening. Employment and […] The post
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