By Barry EICHENGREEN In July 1944, exactly 80 years ago, representatives of 44 countries met in an obscure New Hampshire village to negotiate the Bretton Woods Agreement establishing the International Monetary Fund. For many, reaching the ripe old age of 80 would be cause for celebration. For the IMF, the...
The establishment of a Women’s Development Bank (WDB) is  to help women in their quest to improve their businesses and trade is a well thought out policy which the National Democratic Congress (NDC) intend to pursue when it comes into office in January 2025, Prof. Jane Naana Opoku- Agyemang,...
Ecobank has made a substantial contribution to the National Malaria Elimination Programme (NMEP) through the Zero Malaria Business Leadership Initiative (ZMBLI), as part of measures geared toward complete eradication of malaria. The donated items – digital microscopes, electronic tablets and a pick-up truck, altogether valued at US$120,000 – are all...
By Juliet ETEFE The African Climate Reality Project (ACRP) through its Fair Finance School has advocated sustainable financing for climate solutions. The two days programme held in Accra equipped young climate leaders with the knowledge and skills necessary to understand the operations of Development Finance Institutions (DFIs) and their crucial role...
… marks progress in gender parity, professionalism At the 15th Induction Ceremony of the Chartered Institute of Bankers (CIB) Ghana, 237 banking professionals were inducted, marking a significant milestone in the institute’s history. This year’s induction was particularly noteworthy for sustaining gender parity, with female professionals making up 51 percent...
By Wisdom JONNY-NUEKPE The Ghana Revenue Authority (GRA) has said it is well on course to achieving this year’s tax target of GH¢146billion, considering key successes recorded in the Authority’s mid-year collection performance. Briefing the media on the Authority’s mid-year 2024 performance, GRA Commissioner-General Julie Essiam said a total of GH₵68.49billion...
By Joshua Worlasi AMLANU The Bank of Ghana (BoG) has facilitated GH¢8million in collateral-free loans to 20 small and medium enterprises (SMEs) through the Ghana Integrated Financial Ecosystem (GIFE) initiative. This development was revealed by Dr. Ernest Addison, Bank of Ghana Governor, in his remarks at the SME Growth and Opportunity...
Republic Bank (Ghana) PLC has announced the retirement of three esteemed Directors from its Board of Directors having served the full tenure of nine (9) years in accordance with the Bank of Ghana Corporate Governance Directive 2018. These distinguished Board Members played significant roles in guiding the Bank through crucial...
By James OTCHERE Ghana has encountered significant financial difficulties in recent years, characterized by the government’s restructuring of its debt, elevated inflation rates, and a thorough cleansing of the banking sector. The implementation of Mark-to-Market valuation for mutual funds holding Government of Ghana Bonds has added complexity to the financial...
Following SSNIT’s decision to halt the sale of 60 percent of its shares in four hotels, a move leading to the suspension of a planned nationwide strike on Monday, July 15, 2024, Organised Labour has issued a one-month ultimatum for the Social Security and National Insurance Trust (SSNIT) to...