By Kizito CUDJOE The Chamber of Bulk Oil Distributors (CBOD) has vehemently opposed the government’s proposal to appoint the Bulk Energy Storage and Transportation Company (BEST) as the exclusive off-taker of Sentuo Oil Refinery Limited’s output under the gold for oil programme (G4O). The proposal, government claims, is aimed at controlling the exchange rate by […] The post CBOD
By Joshua Worlasi AMLANU The Social Security and National Insurance Trust (SSNIT) has allayed fears regarding its long-term financial viability, responding to claims that the pension fund’s reserves could be depleted by 2036. “The scheme presently receives contributions and has enough funds to pay accruing benefits due members,” SSNIT said in a statement issued by […] The post
By Joshua Worlasi AMLANU Experts have raised grave concerns about the significant financing gap undermining Ghana’s efforts to achieve the UN Sustainable Development Goals (SDGs) by 2030. Globally, the SDG financing gap is substantial. After the outbreak of COVID-19, the gap to reach the SDGs in developing countries increased by 56 percent, totalling approximately US$3.9trillion […] The post
By Kizito CUDJOE The Lead of Financial Crimes and Anti-Money Laundering at e-Crime Bureau, Eric Kwaku Mensah, has underscored the need for individuals and the general public to stay vigilant and informed about emerging fraud trends. As technological advancements continue to reshape the cyber threat landscape, staying abreast of evolving fraud methodologies, he said, is […] The post
OmniBSIC Bank has opened 2024 positively by delivering strong results in the first quarter which is a strong indication of superior returns to shareholders and higher value for businesses this year. The bank’s profit soared by more than 58 percent to GH¢82.58 million in March while liquidity and the balance sheet gained more robustness within […] The post
By Rashidatu IBRAHIM The Dean of the Honorary Consular Corps of Ghana (HCCGH) and Consul of Belgium, Dimitrios Avraam, has paid a courtesy call on the Business and Financial Times (B&FT) to enhance its relationship with the brand and bolster economic, cultural and business ties between Ghana and the represented countries. With a proven track […] The post Honorary
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