A Public Sector Analyst Harry Yamson says the Ministry of Finance (MoF) and Board of Microfinance and Small Loans Centre (MASLOC) cannot be left off the hook in the case of misappropriated funds and financial loss caused to the state. His concerns follow the sentencing of former MASLOC Boss, Sedina Christine Tamakloe Attionu, and Daniel […] The post MoF, MASLOC
Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market. He made this statement at the Electricity Market Conference held at the Volta Residence, Akuse in the Eastern Region. The Electricity Market Conference had […] The post Stanbic
By Nelson Semanu BOANDOH-KORKOR & Elizabeth BOANDOH-KORKOR “Money is not sinful or evil. The kingdom of God needs it desperately! Making money is what I do best but it must be made for God’s glory and not mine. As a Christian entrepreneur, my company relies on prayer and inward confirmation by the Holy Spirit before […] The post The roll call
Ghana, Guinea, Guinea-Bissau, Gambia, Senegal, Cameroon, Uganda, and Kenya are benefiting from a South Korean developmental initiative as a swift response to the danger over food security in Africa by helping these countries to increase rice production and reduce their reliance on imports. Known as the K-Ricebelt project, it is aimed at providing small farmers […] The post
Following approval and recognition by the National Sports Authority, the Ghana eSports Federation was legally inaugurated in Accra as the only organization responsible for overseeing eSports in Ghana. Ben Nunoo Mensah, the President of the Ghana Olympic Committee (GOC), officials from the Ministry of Youth and Sports (MoYS) and the National Sports Authority (NSA) graced […] The post Ghana
The Executive Director for the Institute for Energy Security (IES), Nana Amoasi VII, has cautioned that Ghana could lose the electricity export market if President Akufo-Addo’s directive to curtail power continues. President Akudo-Addo, in a letter to the Volta River Authority (VRA), ordered the retention of power exports for domestic use in response to the […] The post Ghana
…to improve large item shipping efficiency in Africa Yango Delivery, a technology company providing a platform for placing and receiving in-city delivery orders has introduced Cargo Express, its latest offering designed to streamline the delivery of large and bulky items across Africa. This service targets a critical need in the rapidly growing e-commerce sector for […] The post
In a strategic move to promote trade liberalisation under the African Continental Free Trade Area (AfCFTA), the United Bank for Africa (UBA) Ghana has collaborated with the Ghana Export Promotion Authority (GEPA) to host a crucial sensitisation seminar titled ‘Trade Liberalisation after the AfCFTA’ at the Africa Trade House in Accra. Peter Dery, Head of […] The post
By Juliet Aguiar DUGBARTEY Dr. Steven Blessing Ackah, Executive Director of Ghana Gold Expo, has called for the establishment of exploration fund in Africa, particularly Ghana, to serve as a financial catalyst, enabling local individuals and entities to actively participate in exploration activities. He said the Exploration Fund should be accompanied by a strong commitment […] The post
The latest assessment of Ghana’s external sector developments shows that the country earned $2.8 billion from its major exports in the first two months of 2024. On a year-on-year basis, however, the value of exports did not see any significant growth from the same $2.8 billion posted as of February the previous year. The figure […] The post Ghana’s
By Kizito CUDJOE The Public Utilities Regulatory Commission (PURC) has issued a strict directive aimed at the Electricity Company of Ghana Limited (ECG) to ensure the financial stability and operational integrity of the energy sector. The directive, issued under Sections 3 and 24 of the Public Utilities Regulatory Commission Act, 1997 (Act 538), follows ECG’s […] The post
Head of Financial Advisory & Equity Capital Markets at Stanbic Bank, Isaac Simpson, has emphasized the need for collaboration between the right stakeholders in order to form the necessary policies to accelerate sustainable finance. He made this statement at the 2024 Africa Energy Technology Conference, held at the Labadi Beach Hotel. Speaking on the topic […] The post
Nottingham Forest have been deducted four points for breaching the Premier League’s Profit and Sustainability Rules (PSR), the league announced yesterday moving the side into the relegation zone. Forest Read More... The post Nottingham
As digitalization continues to transform accounting practices, a business organization needs to respond and adapt to a more reliable and efficient system and application to streamline its operations. The current trend is the integration of financial management with cloud accounting software. Cloud accounting is the use of internet-based accounting software to store, process and secure […] The post
Management of the Ghana Export–Import Bank (GEXIM) has announced it will be hosting “Freedom Market” on Tuesday, March 5, 2024. The “Freedom Market” is a prelude to the 67th National Independence Day celebration next week in the Eastern Region under the theme “Our Democracy, Our Pride”. “Freedom Market”, a special edition of the Bank’s popular […] The post GEXIM
Dr. Ernest Addison, Governor of the Bank of Ghana has emphasized the pivotal role of digital technologies in shaping Africa’s future. Speaking passionately about the urgency of embracing digitization in trade and finance, Dr. Addison at the launch of the 3i Africa Summit highlighted Africa’s strengths, including a tech-savvy youth population, extensive mobile penetration, expanding […] The post
The Zambian government has imposed restrictions on maize and mealies meal (maize flour) exports in response to an extended dry spell endangering the harvest. Minister of Agriculture Reuben Phiri announced the measure on Tuesday, stating that export limitations will remain until a thorough evaluation of the upcoming harvest is conducted. “Owing to the prevailing situation, […] The post Zambia
Renowned entrepreneur and Group Chief Executive Officer of WEL Group Holdings, Mr. Eric Eduam, is pushing for increased attention to be paid to Ghana’s built environment industry to put it at par with global trends and standards. Mr. Eduam observed that Ghana’s built environment space, which touches on all aspects of human lives, needs to […] The post Expert
Access to financial services continues to play a pivotal role in driving economic growth in nations across the globe. In the wake of rapid post-COVID-19 structural transformations in economies worldwide, the issue of financial inclusion has taken centre stage in national policy discussions. Financial inclusion stands as a vital indicator for inclusive growth in any […] The post
Financial irregularity is one of the thorny issues organizations tend to grapple with in their operations. It is a matter of interest in terms of demanding accountability regarding the use of resources. The issue is a yearly ritual in the public financial management of government institutions and attracts wide national commentary. The private sector also […] The post
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