The first quarter of 2021 ended on a great note as two African fintech businesses gained unicorn status, a rare fit amidst a ragging global pandemic which is finally being aggressively tackled by the speedy supply of much-needed vaccines. Such is the African story – a trail of surprises...
Ghana is the first Sub-Saharan African country to issue a foreign currency-denominated zero-coupon bullet tranche to its bond financing mix, enabling it to create fiscal space to build its financial resilience. Ghana’s debut 4-year zero-coupon bond was two times oversubscribed, despite being the first of its kind to be...
GREDA, GIABA, gov’t work towards solution
It is becoming increasingly attractive for money launderers to channel their resources to the real estate sector due to lack of regulations and ineffective supervision and monitoring, moving stakeholders and government to deliberate on policies to address the issue.
According to the Financial Action...
…including an inaugural zero-coupon tranche
In Africa’s largest Eurobond issuance since the onset of the Covid-19 pandemic, Rand Merchant Bank (RMB), the corporate and investment banking arm of FirstRand Bank Limited, acted as Joint Lead Manager and Joint Bookrunner (JLM), alongside other transaction parties, in the Republic of Ghana’s four-tranche...
Some of the new tax proposals by government will only go to worsen the plight of the poor and vulnerable in society, SEND Ghana, has lamented, calling for fair and just tax system, where payers contribute according to their ability to pay.
The civil society organisation said government could have...
…recommends it to policy makers guide
The Governor of Bank of Ghana (BoG), Dr. Ernest Addison, has described newly launched book titled ‘Money and Economic Growth’ as policy makers guide in shaping economic discourse in the Ghanaian context.
According to him, the caliber of the author, Dr. Emmanuel Kumah, an experience...
...as NPRA exercises power to prosecute
Over 70 percent of 60 defaulting employers have begun paying pension contributions of their employees under the tier two scheme, following notice of legal action by the regulator, National Pensions Regulatory Authority (NPRA).
According to the Authority, an amount GH¢3.1 million has been retrieved...
In a recent commentary for the Financial Times, economist Dambisa Moyo makes a case for why business leaders should invest in Bitcoin. Her three main arguments are that Bitcoin is a way to mitigate company risk; cryptocurrencies can provide possible solutions for doing business in emerging economies; and digital...
With the increasing global shift towards wider adoption of Information Communications, Technology and Digital solutions, leading consultancy firm, AIDEC Consultancies International Ltd has launched the AIDEC Digital Solutions and Excellence Center to offer technology consulting and capacity building services to businesses.
Speaking at the launch, Chief Executive Officer (CEO) of...
To enhance the delivery of quality and innovative tertiary education, Data Link Institute of Business and Technology is set to deepen its partnerships and collaborations with institutions, both local and international.
This, according to the President of the institute, Professor Smile Gavua Dzisi is to enhance academic and research cooperation,...