Foreign investors appear unconvinced about fiscal measures Much needed to prove govt’s commitment, analysts say International investors in the nation’s Eurobonds have signaled an unconvinced stance post the 2022 budget presentation, as evidenced by the spike in the yields of outstanding bonds, with some of them trading at distressed...
Gold Fields Ghana Limited (Tarkwa Mine) won the topmost and coveted Mining Company of the Year award at the 7th Ghana Mining and Industry Awards (GMIA), held in Accra last Friday. The flagship award is bestowed on a mining company that has achieved the highest aggregate score in environmental management,...
…as inflation bares teeth Quartey says it is right decision for now The Monetary Policy Committee of the Bank of Ghana has, for the first time since May 2018, hiked the policy rate by a 100 basis points, citing inflationary pressures as the main reason. Inflation for October...
The Start Column In the 22nd October 2021 publication of the B&FT Newspaper, the Chief Executive Officer of UMB Bank, Nana Dwemoh Benneh speaking at the 10th Ghana Economic Forum during a panel discussion on the topic "Contemporary approaches to financing start-ups; insights from key industry players" was reported to...
The Bank of Ghana has maintained its stance on consumer inflation, projecting it to remain within the medium-term target of 8 percent with a band of ±2 percent in the near-term - barring any unforeseen shocks. This, per the bank, will broadly be driven by food prices - which reflect...
The Malian Ambassador to Ghana, Abdoul Kader Toure, has paid a working visit to Dawa Industrial Zone in the Ningo-Prampram district of the Greater Accra Region, and the Meridian Industrial Park at the Tema Free Zones Enclave. The Ambassador was accompanied by Mme. Sangare Oumou Kondo, the Second Consular, and...
The rising cost of shipping goods is having a negative impact on businesses, particularly small and medium enterprises (SMEs) as well as consumers, Finance Minister Ken Ofori-Atta has said. The situation, according to him, stems from the harsh effects of the Coronavirus pandemic that hit the country and other global economies...
Deputy Director-General of Operations and Benefits at the Social Security and National Insurance Trust (SSNIT), Laurette Korkor Otchere, has revealed that the Trust withheld the pensions of about 24,333 pensioners, amounting to GH¢186.58million, as of November 2021. These are people who have not re-enrolled biometrically or not completed/renewed their Pensioner...
The Chief Operating Officer of Republic Bank (Ghana) PLC, Mr. Benjamin Dzoboku, has touted Republic Bank’s readiness for Digital Transformation through the introduction of innovative services powered by technology.  He made this assertion when presenting his keynote address at the 3rd Annual Africa Digital Banking Summit 2021 - Innovation...
…as it will end unfair competition, create jobs The local oil palm industry says government’s decisions to reverse the 50 percent benchmark value on some imported products is apt, as it will make the industry more competitive against foreign products, thereby, bringing back jobs that were lost as a result...