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THE INCONVENIENT TRUTH with Ing. Prof. Douglas BoatengDebt does not make a nation poor, wasting it does
Features

THE INCONVENIENT TRUTH with Ing. Prof. Douglas BoatengDebt does not make a nation poor, wasting it does

The 2025 numbers challenge one of Africa’s most persistent economic misconceptions. Global public debt stood at almost 94% of GDP: Japan’s exceeded 200%, the United Kingdom’s was above 100%, Singapore carried exceptionally high gross debt while remaining a major creditor with vast public assets, and South Africa remained close to 78%. Yet debt distress is profoundly unequal. The difference is not simply how much a country borrows, but the currency, cost, maturity and credibility of that debt, and whether borrowing expands tomorrow’s ability to repay.

Gov’t by clarification
Features

Gov’t by clarification

Governments occasionally have to clarify themselves. Ministers misspeak. Journalists misunderstand technical explanations. Social media strips statements of context. None of this is unusual. But when clarification starts becoming a recurring feature of government, we should ask a different question: is the problem still communication, or has it become one of coordination?

Business & Markets
UMB’s Dr. Oti-Mensah honoured with Alumni Achievement Award at 40 Under 40
Banking & Finance

UMB’s Dr. Oti-Mensah honoured with Alumni Achievement Award at 40 Under 40

Managing Director and Chief Executive Officer of Universal Merchant Bank (UMB), Dr. Philip Oti-Mensah, has been honoured with the Alumni Achievement Award at the 10th Anniversary edition of the prestigious 40 Under 40 Awards Ghana, held on Saturday, September 12, 2026, at the Kempinski Hotel Gold Coast City in Accra.

GRA announces major policy proposal under MTS initiative
Business

GRA announces major policy proposal under MTS initiative

The Ghana Revenue Authority (GRA) is proposing to extend the Modified Taxation Scheme (MTS) to qualifying small limited liability companies with annual turnover of up to GH¢750,000, in a major policy shift aimed at making the tax system more responsive to the realities of small businesses.

THE INCONVENIENT TRUTH with Ing. Prof. Douglas BoatengDebt does not make a nation poor, wasting it does
Features

THE INCONVENIENT TRUTH with Ing. Prof. Douglas BoatengDebt does not make a nation poor, wasting it does

The 2025 numbers challenge one of Africa’s most persistent economic misconceptions. Global public debt stood at almost 94% of GDP: Japan’s exceeded 200%, the United Kingdom’s was above 100%, Singapore carried exceptionally high gross debt while remaining a major creditor with vast public assets, and South Africa remained close to 78%. Yet debt distress is profoundly unequal. The difference is not simply how much a country borrows, but the currency, cost, maturity and credibility of that debt, and whether borrowing expands tomorrow’s ability to repay.

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