Managing Director of the Agricultural Development Bank, Dr. John Kofi Mensah, has said that reforms introduced by the regulator in the past few years have strengthened the banking sector; hence, the industry can absorb the 5 percent levy recently introduced by government. Government has said it spent some GH¢21billion on...
describes new taxes in 2021 budget as regressive Despite government’s assertion that it has achieved adequate food supply through its flagship programme ‘Planting for Food and Jobs’ (PFJ), the Director of Research at the Institute of Economic Affairs (IEA) - Dr. John Kwakye - has stated that cost...
The Ghana Stock Exchange (GSE) has granted an extension of date for the submission of audited financials of some listed companies. The companies have been granted the extension of time to submit their audited Financial Statements for the year ended December 31, 2020 by April 30, 2021. The companies include Fan...
Demand for public sponsored social interventions could rise in the coming years if nothing is done to increase the number of active working Ghanaians contributing towards retirement, the National Pensions Regulatory Authority (NPRA), has said. It is estimated that the government would need to allocate around GH¢270 million to the...
The Monetary Policy Committee (MPC) of the Bank of Ghana has, once again, kept the policy rate at 14.5 percent, citing risk to inflation and fiscal disruptions emanating from COVID-19 related expenditure as reasons, making it the sixth consecutive time the MPC has kept the policy rate constant in...
GhQR is considered a key enabler for Ghana’s quest to migrate into an electronic payment society. The country is hoping to ride on the back of payment services to become one of the first countries on the continent to have a cashless economy. This was expressed by President Nana...
It is a paradox that a continent that is often described as having very little to offer, can produce such consistent and persistent giants that take on the world every day. The narrative of Zeepay is simple and yet powerful: it is an African fintech start up that is...
Analysts remain divided over the likely outcome The Monetary Policy Committee (MPC) of the Bank of Ghana will, once again, be confronted with a difficult decision regarding determination of the policy rate for the next few months, as economic conditions are not favourable for the regulator to reduce the...
Vice President Dr. Mahamadou Bawumia has launched the 100 days to 2021 census night, which will effectively take certain important data of the country. The data the census will take include the total number of persons living in the country; the gender mix; the age mix; birth and death and...
framework in the offing says SEC will be firm on enforcing disclosure Conditions are ripe for the introduction of green bonds unto the market, as the Securities and Exchange Commission (SEC) has disclosed plans to introduce rules that will guide the issuance of green bonds in the country. This, according...