By Hilda AFEKU-AMENYO The importance of financial product innovation in Ghana cannot be overemphasised as the country moves towards a sustainable future. In many respects, sustainability is a national priority because of the threat posed by climate change, and the crippling effects it can have on people and businesses. In this...
By Augustina DAN-BRAIMAH Access to finance and its related costs remains a major challenge for doing business in Africa, particularly for small businesses. This hinders the establishment of new businesses and the ability of existing businesses to upgrade or upscale. In some cases, inadequate funding ultimately leads to an abrupt end...
By Joshua Worlasi AMLANU The World Bank has urged government to undertake significant measures for rationalising its tax expenditures (TEs), a move aimed at ensuring the country’s tax policies are both effective and equitable. The Bank's recent report, 'Strengthening Domestic Revenue Systems for Fiscal Sustainability', presented at the 8th Ghana Economic...
Finance minister Dr. Muhammad Amin Adam has called on Saudi investors to contribute its quota in raising US$12billion over the next three years. This, he explains, remains critical to helping the country recover to the pre-COVID era's level. The appeal was made during a high-profile meeting with the Arab Bank for...
The recent ruling by an international tribunal in a case brought against Ghana by ENI and Vitol is big news for all industry watchers in the upstream petroleum sector. We spoke to the CEO of the Ghana Upstream Petroleum Chamber, David Ampofo on the implications of the ruling. Q: What exactly...
By Kizito CUDJOE As parliament reviews the controversial Barari lithium deal, an analysis by the Natural Resource Governance Institute (NRGI) indicates that government may have secured a favourable agreement. The inaugural lithium lease with Barari DV Ghana Limited, a subsidiary of Atlantic Lithium Limited, was issued by government to the company...
The Director of Communications of the Bank of Ghana has clarified that the Bank worked closely with GN Bank during its liquidity challenges, and also after its request to be reclassified as a Savings and Loans company and that the revocation of its licence was based on sound judgement...
Experienced leader, Abdul-Rahman Amoadu, to lead operations across the continent  Newmont Corporation has appointed its first Ghanaian Managing Director, Abdul-Rahman Amoadu, to lead the company’s business operations in Africa. The appointment, effective 1 August 2024, marks a significant milestone in Newmont’s history on the continent, where the company has two operating...
The German Development Cooperation has distributed 2.1 metric tonnes of certified seeds (soybean, groundnut and sesame) to women cooperatives in the North East and Upper East Regions. The support, which aims to increase production capacity for women farmers - particularly in the seed-oil crop value chain, is part of a...
Poor post-harvest management of raw cashew nuts by farmers such as improper drying of the nuts is said to be compromising the quality of the commodity, such as resulting in high moisture content. The situation is accounting for low grading of Ghana’s cashew nuts on the international market with corresponding...