A consultant to the Ghana Alternative Market (GAX), David Tetteh, has advised against the practice wherein companies only approach the capital market as a last resort when they are in distress. Against the backdrop that access to credit has been the bane of many businesses in the country, he noted...
interest payments to surpass wages and salaries Ghana’s debt situation is such that out of every cedi collected in taxes by the Ghana Revenue Authority (GRA), 42 pesewas - almost half - is used to pay interest on the country’s debt; taking resources away from critical sectors, analysis by...
A consultant to the Ghana Alternative Market (GAX), David Tetteh, has advised against the practice wherein companies only approach the capital market as a last resort when they are in distress. Against the backdrop that access to credit has been the bane of many businesses in the country, he noted...
Chairman of Africa Business Media Dr. Yaw Akoto has said that Ghana is likely to attract more interest from international oil companies (IOCs) owing to recent developments in the upstream petroleum sector. “Recently, government signed an exploration contract with the world’s largest oil and gas company, Exxonmobil Corp, to explore...
uniBank unknown to ADB, can only act on proxy Shareholding in ADB remains unchanged Belstar et al shares pledged to uniBank The B&FT on Wednesday March 7, 2018 reported that a consortium of financial institutions which controlled majority shares in Agricultural Development Bank (ADB) had pledged their shares, proceeds,...
Economic analysts at the research desk of Standard Bank, the parent company of Stanbic Bank Ghana, have forecast an improved economic performance and narrowing of the current account deficit in 2018. Year on year inflation is expected to be around 9.3% as strong base effects from food inflation continue, while...
The B&FT has gathered that, the number of workers to be disengaged by Goldfields Ghana Limited, to be employed by a contractor as Goldfields moves from owner mining, may reduce from the reported 1,500 to around 1,350. This was contained in a letter sighted by the B&FT, dated March 09,...
Given that women the world over play vital roles in the socio–economic development of communities, it is important for businesses to continuously empower and celebrate women for sustainable growth. In commemoration of the International Women’s Day dubbed Press for Progress, Voltic GH Limited (Voltic), organized an event for plastic...
For over 13 years and counting, Nestlé Milo® through the President’s Independence Day Awards has continuously promoted Academic Excellence by recognising and rewarding hundreds of brilliant candidates for their performances in the Basic Education Certificate Examination, as well as other curricular activities. As a brand that believes in diversity and...
MODEC Ghana Limited has appointed Portia Ama Anobea Oduro as the first female offshore Production Technician Trainee. Portia is the only female among sixteen (16) other male candidates. Her appointment also comes after four years of brazing the odds to succeed in her chosen career. A native of Kwahu-Nkwatia, Porita had her...