Urgent political finance reforms to protect democracy across Africa

The International Monetary Fund (IMF) has reached a staff-level agreement with Ghana on the first review of its 36-month economic reform programme, supported by the Fund’s non-financing Policy Coordination Instrument (PCI).

Rising transport and housing costs pushed Ghana’s year-on-year inflation rate to 5.5 percent in October, up from 5.2 percent in September as price pressures intensified for a third consecutive month, Ghana Statistical Service (GSS) has said.

The Chief Executive of Stanbic Bank, Kwamina Asomaning, has asked businesses to push their banks to contribute more to their growth, resilience and decision-making as economic pressures and increasingly complex supply chains reshape the corporate landscape.

The Chief Executive Officer of WeWire, Ebenezer Ghanney, has advised the Bank of Ghana to prioritise the tokenisation of government securities over other assets such as gold, describing it as the quickest and most practical route to unlocking the country's digital asset potential.

Financing constraints, stringent contract requirements and complex licencing procedures are impeding the participation of young businesses in Ghana’s US$10.8billion renewable energy investment programme.

The Prime Minister of Guinea,  Amadou Oury Bah, has described the new waste management partnership between Jospong Group of Companies (JGC), through its environmental services subsidiary, Zoomlion Ghana Limited, and Guinea as a continuation of the "historic brotherhood" between the two countries.

The Internal Control unit of Stanbic Bank Ghana has supported the Weep Not Child Foundation at Ahwerease-Darmang, near Nsawam, with equipment and financial assistance to help improve the Foundation’s operations and support for children in its care.

OmniBSIC Bank has been named Marketing-Oriented Bank of the Year at the 37th Chartered Institute of Marketing, Ghana (CIMG) National Marketing Performance Awards.