By Joshua Worlasi AMLANU Ghana’s Venture Capital Trust Fund (VCTF) is aiming to secure US$120million by 2030 in order to establish a self-sustaining venture capital ecosystem. This aims to strengthen the venture capital landscape in Ghana, creating a robust environment for startups and SMEs and ultimately contribute to the country’s broader economic development goals. The […] The post

By Joshua Worlasi AMLANU The Minerals Income Investment Fund (MIIF) is projecting its assets under management (AUM) to exceed US$1.5billion. Its Chief Executive Officer (CEO), Edward Nana Yaw Koranteng, at a media engagement in Accra, noted that this boost is tied to ongoing revaluation efforts of mining assets, particularly the government’s 10 percent equity interests […] The post MIIF

By Buertey Francis BORYOR Telecommunications companies in the country contributed more than GH¢9billion in taxes and other payments for 2023, a 50 percent increase over the GH¢6billion paid in 2022. These data are included in the Transparency Initiative Report – jointly released by the Ghana Chamber of Telecommunications and Electronic Money Issuers Chamber of Ghana. […] The post

In a landmark move, WAICA Reinsurance Corporation Plc (WAICA Re) has established AFIN Bank UK Limited, a wholly owned subsidiary in the United Kingdom. This strategic initiative marks a significant step in WAICA Re’s mission to strengthen financial ties between Africa and international markets. AFIN, short for “Africa Affinity,” embodies WAICA Re’s deep-rooted connection to […] The post

…propose reduction in corporate tax to 18% By Elizabeth PUNSU, Kumasi The Association of Rural Banks have appealed to  government to reduce corporate tax for Rural and Community Banks (RCBs) as a special incentive to ensure the growth of the rural economy and the country at large. They are proposing a reduction from the existing […] The post Our locked-up funds