GMRCEOs Breakfast Series VI Panellists at the sixth edition of Ghana’s Most Respected CEOs Breakfast Series have emphasised the need for collaboration among businesses to sustain their operations in this pandemic era. The panel, which was made up of CEOs from the banking sector and technology firms, stressed that there is...
By Bernard BEMPONG  A strategic approach to tax planning is fundamental for a business aiming at substantial returns on its investments. Tax planning involves controlling or minimizing tax liabilities while remaining compliant with the relevant legislation. It involves analyzing a business’s financial situation, income, expenses and other relevant factors to...
The outlook behind the Bretton Woods system, along with which the International Monetary Fund (IMF/Fund) and the World Bank (Bank) were born, was to facilitate state intervention in the economy to overcome the limitations of unrestricted capitalism. Both the chief architects of the system, John Maynard Keynes of Britain...
While pension funds were eventually exempted from the initial Domestic Debt Exchange Program (DDEP) announced in 2022; on July 31, 2023, the Government of Ghana announced that it was inviting Pension Funds holding domestic notes and bonds of the central government, E.S.L.A. Plc and Daakye Trust Plc to exchange...
The number of startups qualifying as Unicorns (valued at over US$1bn) has grown significantly in the last year and a half. The exact percentage of Unicorns’ growth in numbers since the beginning of last year comes to 162 percent with 707 new unicorns emerging in that period. Up until the...
First National Bank Ghana has announced that it has acquired 100 percent of GHL Bank. Effective today Wednesday, May 6, 2020, GHL Bank will become a subsidiary of First National Bank Ghana. First National Bank Ghana Limited is a 100 percent subsidiary of the FirstRand Group - the largest financial...
Banks being specialized enterprises are not distinct from any business form except for their roles as financial intermediaries. Underlying their unique functions, and behind their secured bricks and mortar infrastructures, banks operate as strategic enterprises navigating the same principles that underpin businesses across all industries. They share a common essence...
Women in Rural and Community Banks (RCBs) have been encouraged to be diligent and steadfast in their quest to navigate through the professional and leadership terrain at the just-ended maiden ARB National Women’s Conference and Ladies’ Association inauguration in Sunyani. This, according to the association, would ensure massive women participation...
Africa’s share of global trade was 2.7% in 2019, below the 4% figure of the 1970s Global trade expected to contract by 9.2% this year, having fallen by 2.9% in 2019; Africa’s share of global trade was 2.7% in 2019, below the 4% figure of the 1970s; informal cross-border trade...
In the rapidly changing landscape of Ghana's domestic capital market characterised by both achievements and challenges, the Securities and Exchange Commission (SEC) stands as a key player in shaping the market's trajectory. Over the past decade, the collaborative efforts of various stakeholders have propelled the market's growth, with notable...