In the intricate dance of financial management, personal or business, understanding your position and predicting future stability is paramount. The “run rate” concept finds its roots deep within financial analytics but extends its branches far and wide into personal and business finance. At its core, the run rate acts as a beacon, guiding individuals and […] The post The
Idris Elba and Dr Bawumia Vice President Dr. Mahamudu Bawumia engaged in a dialogue with acclaimed actor Idris Elba and his team at Jubilee House, Accra, to explore avenues Read More... The post Bawumia, Idris Elba Dialogue About
By Abdallah Kassim TIJANI Data has become the secret weapon that has propelled the growth of the digital economy in the current digital era. Much like oil was formerly thought to be the lifeblood of countries, data is currently the most important component in driving global industry transformation and economic growth. The World Economic Forum […] The post Data is the
By Barry EICHENGREEN For precisely three years, the economics profession has been collectively fixated on inflation. February 2021, exactly 36 months ago, was the last time consumer-price-index inflation in the United States (all items, 12-month percentage change) was at or below the Federal Reserve’s 2% target. This recent episode of above-target inflation now shows signs […] The post The
It appears the debate on which political party better manages the Ghanaian economy has been settled, as US-based Ghanaian economist, Prof. Dennis Nsafoah, says he hasn’t observed any significant difference after analysing economic data from 1992. The New Patriotic Party (NPP) has consistently claimed that it manages the Ghanaian economy better when in power compared […] The post Better
Banking consultant, Dr. Richmond Atuahene, has called on the government to provide more affordable funds to private sector players to help stimulate the country’s economy. He stated that this approach would enhance the Gross Domestic Product (GDP) and promote economic stability. During an Investment Dialogue on Citi TV on Thursday, Dr. Atuahene pointed out that […] The post ‘Give
Togbe Afede XIV, the Agbogbomefia of Asogli, has been invited to be a “distinguished panelist” at Harvard’s Africa Development Conference (ADC), set to take place on the 12th and 13th of April 2024 at Harvard University in Cambridge, Massachusetts. ADC stands as the premier global platform for meaningful discourse on Africa’s development and facilitates crucial […] The post
The NPP is at a crossroads! In nearly eight years in power, the party has presided over “a boom and bust economy.” The party is fighting for its political life as it seeks to break an eight-year electoral cycle. And the person charged with turning this apparent impossibility into a possibilityis its flagbearer, Dr. Bawumia. […] The post Bawumia’s
The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, is calling on the government to adopt the US Inspector General (IG) system to help effectively fight corruption. Commenting on the New Patriotic Party’s flagbearer, Dr. Mahamudu Bawumia’s address on his vision to Ghanaians on Wednesday, February 7, Dr. Kwakye said […] The post Ghana
Groups in the Eastern Region have condemned the killing and shooting of individuals in Bepong Kwahu. The groups comprise the Kwahu One Alliance for Development, Unit Committee, and Assembly members in the area. Two people were reported dead after allegedly being hit by stray bullets fired by the police during the melee to disperse the […] The post Groups condemn Bepong Kwahu shooting
Vice-Chancellor of the University of Cape Coast (UCC), Professor Johnson Nyarko Boampong, says the management of the school has embarked on several infrastructure developments to augment the infrastructure deficit the school faces. The Vice-Chancellor, who was speaking at the 56th congregation of the University, noted that the school has embarked on the construction of lecture […] The post UCC
The first two months of 2024 have brought with them a decent level of activity in the domestic corporate bond market, with two notable issuances by Kasapreko, the indigenous beverage manufacturer, and Letshego, a financial services provider. Data from the Ghana Stock Exchange (GSE) show that the former has successfully raised GH¢103.75million through a senior […] The post Kasapreko,
As Ghana embarks on implementing its ambitious 24-hour economy policy, the potential for economic growth and development is immense. This policy aims to stimulate economic activities round the clock, creating jobs, and fostering a vibrant, inclusive economy. However, to sustain this growth, enhancing tax revenue is crucial. This opinion statements outlines the strategic approaches to […] The post Enhancing
The financial services sector plays a crucial role in the country’s economy, and its human capital is the driving force behind its success. Thus, the human resources function in the financial services sector plays a pivotal role in attracting, developing and retaining talents while ensuring compliance with evolving regulations. Despite these significant contributions, the industry […] The post
The government of Italy unveiled a near US$6 billion plan to support African development at a one-day Italy-Africa plan in Rome last week. African Development Bank Group President Dr Akinwumi Adesina joined 25 African leaders and European Union officials at the summit. The summit–which took place as Italy assumes the Presidency of the G7 this […] The post Italy
To facilitate the resumption of schools in the Mepe traditional area, the epicentre of the Akosombo Dam flood disaster, the Mepe Development Association (MDA) has relocated over 400 displaced persons from various safe havens, including St. Kizito Senior Technical School. The displaced persons, most of whose homes were destroyed by the flood, have been moved […] The post Mepe
Henry Quartey, the Greater Accra Regional Minister, has disclosed that, contrary to spare part dealers at Abossey Okai opposing the proposal to move them to Afienya, over 4,000 of the dealers appended their signatures agreeing to be moved to the proposed location. As part of its decongestion exercise of major places in Accra, the government […] The post Over
…as CIBA endorses proposed policy Former president, John Dramani Mahama, has said he will initiate an Accelerated Export Development Programme as part of the 24-hour Economy Policy implementation when voted into power. He explained that the programme will be coordinated from the presidency in order to give it the requisite support due to the critical […] The post 24-hour
The Ghana Integrated Aluminium Development Corporation (GIADEC) has reached a partnership deal with Mytilineos Energy and Metals toward building an alumina refinery in the country. The agreement pertains to Project 3A, one of four projects under the Integrated Aluminium Industry (IAI) projects at Nyinahin-Mpasaaso in the Ashanti Region. Under terms of the agreement, Mytilineos – a Greek company – will spearhead the development of a […] The post
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
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